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Fremont Corporation Set of Books

This section describes the set of books Fremont Corporation uses. It includes Fremont's accounting periods and Accounting Flexfield, including company codes, account codes, and cost center codes.

You may want to familiarize yourself with Fremont's chart of accounts if you plan to experiment with Fremont's Oracle Projects implementation, or if you want to study the way Fremont implemented AutoAccounting.

Period Types and Periods

Fremont Corporation uses the following accounting period types in its calendar:

Name Number/Year Year Type in Name
Week 52 Calendar
Month 12 Calendar
Quarter 4 Fiscal
Year 1 Fiscal

Fremont Corporation uses the following calendar periods.

Fremont Corporation defines a calendar named 'Standard' for their calendar periods; Fremont uses a 5-4-4 (or 13 week) calendar.

Set of Books

Fremont Corporation uses a set of books that specifies their calendar, functional currency, and account structure.
Set of Books
Name Fremont Corporation
Short Name Fremont
Functional Currency USD
Chart of Accounts Fremont Corporation
Calendar Standard
Period Type Month
Allow Suspense Posting No
Future Periods 2
Balance Intercompany Journals Yes
Enable Budgetary Control No
Require Budget Journals No

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