Step by stey guide to create a SOB

Step by step to create a Set of Book ( SOB )

1.Define Chart of Account

Setup >> Financial >> Flexfields >> Key >> Segments

Click >> Segments

Define your COA structure and Value Set , Click >> Value Set

Assign your Value Set with your COA Stucture

Assign Flexfield Qualifier ( minimal you must assign Balancing Segment and Natural Account )

Don't forget to tick Freeze Flexfield Definition

2. Define Calendar

Setup >> Financial >> Calendars >> Accounting

3. Enable currency that you want to use

4. Define your SOB

Setup >> Financial >> Books >> Define

5. Go to Sysadmin

Attach your new SOB to your site and Responsibility

Setup >> Profile >> System

How to setup Orafin for the first time ?

Before starting the oracle Application setup especially ORAFIN (GL, AR, AP, FA dan CM ) you need to understand the structure of your company. It is needed for determining how the organization structure that would be made in Oracle Application.

1. Identify your organization requirement.

After the identification you will know how many SOB, Legal Entity, Operating Unit and I/O that you need.

2. Set Of Book ( SOB ) - General Ledger Module

The highest organization is Set Of Book (SOB ), you must create SOB as your highest Organization. You create SOB in General Ledger, using General Ledger Super User responsibility.

A SOB need 3 component :

- Chart of Account
- Calendar
- Currency

3. Legal Entity ( L/E ) and Operating Unit (OU) - Inventory Module
After you created SOB, the next step is setup Legal Entity and Operating Unit.

4. Assign your OU to your responsibilty AR, AP and CM.

If I have time, I will post the detail Setup for each process.