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Category Archives: Oracle GL
Average Balance Vs End of Day Balance: Part 3 (Final)
Till now we have discussed about average balance, how it is different from end of day balance and how it gets calculated. In this post I will discuss how Oracle GL support this feature.Oracle GL is designed to cater both end of day balance and … Continue reading
Posted in Oracle Application, Oracle GL
Tagged Aggregate Balance, Average Balance, average balance in oracle, Average Balance Sheet, Average Balancing, Calculation of Average Balance, End of Day Balance, Examples of Average Balance, GL_DAILY_BALANCES, Oracle GL, quarterly average balance, Yearly average Balance
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Average Balance Vs End of Day Balance- Part 2
In this post we would try to explore Quarterly and Yearly of average balances with examples. There are three key average balances that are captured and used for different reporting and analysis. Period Average to date balance: Periods are defined in oracle … Continue reading
Posted in Oracle Application, Oracle GL
Tagged Aggregate Balance, Average Balance, average balance in oracle, Average Balance Sheet, Average Balancing, Calculation of Average Balance, End of Day Balance, Examples of Average Balance, GL_DAILY_BALANCES, Oracle GL, quarterly average balance, Yearly average Balance
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Average Balance feature of oracle GL provides reporting of average balance’s balance sheet. The key difference between an average and standard balance sheet is that the balances are expressed as the average amount rather than actual period end amount. In this … Continue reading