What you'll learn:

  • Define the Finance Ledger and related maintenance actions

  • Define transaction life cycle on a Finance Ledger and related maintenance process

  • Define roles and responsibilities for Finance Ledger and transaction maintenance.

90 minutes

Estimated time to complete

Course curriculum

    1. Start Here

    2. Where are we in the Business Process?

    3. Flowchart: Where are we in the Business Process

    4. The Importance of this course

    5. Summary: The Importance of this course

    6. Who is this Course for?

    7. Prerequisites for this Course

    8. Course Structure

    1. Introduction to Finance Ledger

    2. Learning Objectives

    3. DRC Accounting Environment

    4. What is a Finance Ledger?

    5. What are Sub-ledgers?

    6. How Are Sub-ledgers Connected to Finance Ledger?

    7. Ledger Currencies

    8. DRC Chart of Accounts

    9. Account Types

    10. Dimensional Accounting

    11. Main Account Categories

    12. Input to Financial Statements

    13. Roles and Responsibilities

    14. How to Maintain Finance Ledger

    15. Wrap Up of Finance Ledger

    16. Get Ready to Review Finance Ledger

    17. Review Finance Ledger

    1. Introduction to Transaction Maintenance in Finance Ledger

    2. About this Chapter

    3. Transaction Maintenance in Finance Ledger - Flow

    4. Learning Objectives

    5. Section 1 - Create Transactions in Finance Ledger

    6. Create Transactions in Finance Ledger: Tasks

    7. Transaction's Lifecycle on Finance Ledger

    8. Transaction Maintenance Activities

    9. Section 2- Introduction to Activity: Ledger Settlement

    10. Task: Pair Debit and Credit Transactions

    11. Task: Reconcile Paired Entries and Account for Unrealized Fx Rate Gains/Losses

    12. Task: Post Settlement Journal

    13. Screenshot: Ledger Settlement

    14. Section 3 - Introduction to Activity: Currency Revaluation

    15. Currency Revaluation in Finance Ledger

    16. Currency Revaluation on a sub-ledger

    17. Task: Run Currency Revaluation Batch Job

    18. Task: Review and Verify Result

    19. Task: Post Currency Revaluation Journal

    20. Screenshot: Currency revaluation

    21. Section 4 - Introduction to Activity: Retain P&L Results to Equity

    22. Screenshot: Retain P&L Results to Equity

    23. Wrap Up of Transactions Maintenance in Finance Ledger

    24. Get Ready to Review Transactions maintenance in finance ledger

    25. Review Transactions Maintenance in Finance Ledger

    26. Employee Support

    27. Congratulations!

About this course

  • 52 lessons
  • Video Content