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Multiple Balancing Segments in Oracle Fusion Chart Of Account Structure(New Feature in Fusion)

  • On top of Primary Balancing Segment which is a required segment, fusion GL allows you to create 2 additional segments qualfied as Second and Third Balancing Segment.
  • This will help in generating financial statements for each unique combination of segment values across not only one, but two or even three qualified balancing segments.
  • Financials Results can be tracked in more detailed manner
  • Helps in providiing visibility for measuring Financial Level.

Below Screenshot explains the flow

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Abhi

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About the Author

Abhi

Abhi is Oracle Certified Financial Functional Specialist having around 14 years plus experience in implementation of R12/Fusion Financial Areas. He has worked in diverse area of business including banking, industrial, telecom sectors.

 

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