Secondary Ledgers: The Benefits of Adjustment Ledgers for GAAP Reporting and Regulatory Compliance
Date: Tuesday, December 4, 2018
Time: 10:00 – 11:00 am Eastern
Preparing adjusting entries usually involves a lot of journal entries, staff input and tedious work. Not anymore. As a more efficient processing of adjustments, adjustment-only secondary ledgers reflect only adjustments without affecting your primary ledger, allowing entries to be made discretely. Explore the benefits of using adjustment ledgers, complete with a step-by-step setup guide.
Learning Objectives: After completion of this program you will be able to:
Objective 1: Discover the benefits of using adjusting ledgers versus adjusting entries.
Objective 2: Learn how using the adjustment functionality can help streamline and establish better controls.
Objective 3: Learn four different ways to use secondary ledgers.
Objective 4: Understand the requirements of ledger sets and how they accelerate the close cycle.
Objective 5: Understand how to use ledger sets to accommodate local and statutory requirements.
7648 San Remo Place
Orlando, FL 32835
CPE Programs Administrator – Brian Lewis
Recommended CPE 1 hr (based on a 50 minute hour)
Accounting – TechnicalProgram Level:BeginnerPrerequisites:General understanding of Oracle E-Business Suite Financials ModulePreparation:No advance preparation required.Delivery Method:Group-InternetCost:FreeSpeaker:
Vice President of Finance and Corporate ControllerContact Information: