The following topics provide information about tasks that are related to processing closing transactions.

Allocating transactions

Managing ledger accounts

Closing transactions

Process closing transactions business process component forms

The following table lists the forms that support the process closing transactions business process component. The table entries are organized by business process component task and then alphabetically by form name.

Note Note

Some forms in the following table require information or parameter settings to navigate to them.

Business process component task

Form name


Allocating transactions

Journal names

Journal names setup- Create and manage templates for journals, including the management of posting restrictions for selected users or user groups.

Ledger allocation rule

Set up an allocation rule that you can use to determine the end result of an allocation.

Ledger allocation rule destination

Define the destination of the data to be allocated.

Ledger allocation rule source

Define the source of the data to be allocated.

Process allocation request

Create an allocation journal that can be reviewed and approved prior to posting to General ledger, or posted directly to General ledger without review and approval.

Managing ledger accounts

Account transactions

View the transactions that are posted to the selected ledger account.

Exchange rates

Adjust a ledger exchange transaction.

Fixed asset transactions

View all fixed asset transactions.

Journalize transactions

Journalize ledger transactions by entering them into with a record of date, time, ledger accounts affected, debit and credit amounts.

Ledger settlements

Settle transactions between ledger accounts or cancel a ledger settlement


Cancel a ledger settlement.

Closing transactions

Chart of accounts

Create, manage, and view your organization's general ledger accounts in a structured list.

Closing sheet

Transfer balances from the selected ledger accounts to the closing sheet.

Opening transactions

Transfer opening transactions to a new fiscal year.