ERP Financial Module

Oracle's PeopleSoft General Ledger is a comprehensive financial management solution that offers a fully automated close and consolidation solution for legal and management reporting. It provides strong controls to meet financial reporting regulations with flexibility to accommodate different accounting standards and industry business requirements.

PeopleSoft General Ledger is integral to PeopleSoft's financial control and reporting solution and is part of Oracle's PeopleSoft Financial Management family of applications that addresses the most complex business requirements and provide comprehensive business and industry solutions, enabling organizations to increase productivity, accelerate business performance.

The General Ledger is the heart of any organization's financial management system. It is a collection of financial accounts that enables an organization to determine its worth and profitability. This collection of accounts is called the chart of accounts.

The financial transactions of a business are entered in journal entries, which are then recorded in accounts in the General Ledger. Journal entries are made in a double entry system, according to Generally Accepted Accounting Principles (GAAP) & IFRS, where debits equal credits.

Features & Benefits of PeopleSoft General Ledger (PSGL):

General Ledger delivers an extensive financial management solution that goes beyond traditional ledger functions.