Before Creating CoA

Chart of Accounts (CoA) is configured in conjunction with the initial implementation of transactions or suspense for an OIPA plan. The CoA record(s) should be configured after the transaction or suspense configuration is complete.

The CoA may be modified as new plans, transactions, suspense and accounts are added to OIPA. There are two different ways to set-up the CoA:

Gather Requirements

The CoA is configured in the Rules Palette via the Admin Explorer window. To properly set-up CoA the following information is needed:

The CoA folder stores account information in a hierarchy format with account numbers and entry information in the associated company folder. Review the illustration below for details about the hierarchy structure.

Chart of Account Heirarchy in Admin Explorer

CoA Folder Hierarchy in Admin Explorer

     
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