Oracle journal entry categories. Jan 31, 2014 ยท • Journal categories help you differentiate journal entries by purpose or type, such as accrual, payments, or receipts. You can also use document sequences to sequentially number journal entries by category. The system uses ledger type codes to separate balance amounts and units for each ledger. All lines in a journal entry share the same journal category. When you create journal entries, you must choose the default or specify a category. Journal creation, approval, posting, and editing work together in the recording process to produce accurate financial records. You can define intercompany and suspense accounts for specific categories. Each journal entry in your Oracle Fusion General Ledger application is assigned a journal entry category to identify its purpose. The system provides a processing option for a debit and credit format, as well as a separate menu selection for that format. Journal categories appear in standard reports, such as the General Journals report. This table has no foreign keys, other than the standard who columns. Journal entries are posted to the ledger to record data from accounting transactions that reflect your entity's business events. GL_JE_CATEGORIES_B contains journal entry categories. When you enter journals, you specify a category. You can enter journal entries for the various ledgers that you have set up for budgets, statistical information, units, and so on. . You can also enter journal entries to record a taxable entry, such as value-added tax (VAT) or similar taxes, and journal entries with foreign currencies. Enter a Category to describe the purpose of your journal entry, such as accrual, payments or receipts. fokoip bfxcj fzqm ebpg rfsvfo dgrh fvjc fjjmr nbgq mvdljdl