Chart of Accounts Set Up

Define a Chart of Accounts to set up the GL Accounts for your oraganization.
A Chart of Acccounts is the account structure you use to record accounting transactions and maintain accounting balances.

In Oracle General Ledger, the Chart of Accounts is a key Flexfield. For an Oracle Chart of Accounts, you can configure up to 30 segments in a Flexfield.

At mininum, you must define at lease two segments.

-Balancing Segment
-Natural Account Segment

Set Up: