A good chart of accounts (COA) provides flexibility for recording and reporting accounting information, structure for managing business uniformly, and enhanced enterprise communication. Five fundamental criteria for designing a COA in Oracle E-Business Suite will optimize business growth and flexibility and minimize back-end accounting maintenance. In this session, we'll focus on new features in Release 12 including Subledger Accounting and Ledger Sets that provide an added incentive to adopt a well-designed COA.
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