Enhanced interface

Enable accounting sequences

In multi-entity companies, you can enable an accounting sequence number to meet regional accounting requirements. When enabled, each transaction posted to the General Ledger is assigned an accounting sequence number that you define, typically based on the journal, year, and entity related to the transaction.

After it’s enabled, this feature cannot be disabled. Before you enable this feature, determine that you have a legal requirement to meet.

Subscription	Company General Ledger
Regional availability	All regions
User type	Business user with admin privileges
Permissions	Administration Application subscriptions: List, View, Configure Company Document sequences: List, View, Add, Edit, Delete Entities: List, View, Add, and Edit General Ledger Journals, Adjustment Journals, and any other applicable journals: List, View
Next step	Configure summaries

Go to General Ledger > Setup > Configuration.
In the Transactions section, select Enable accounting sequence.
This enables additional fields.
Under Generate accounting sequence, select an option to determine whether accounting sequences are created when transactions are created or when they're posted.
Select Save.

For a detailed list of field descriptions, see Document sequences for auto-numbering IDs.

Require accounting sequence for an entity

This step is optional if you want to require accounting sequences only in particular entities. You cannot use an accounting sequence in an entity if it's not required.

Require accounting sequences in entities only if they are needed to meet compliance or legal requirements. You can turn off the requirement if you decide that you do not need it.

If an entity's operating country is set to France, the Require accounting sequence checkbox is automatically selected and cannot be changed.

Go to Company > Setup > Entities.
On the Entity information tab, find the Accounting section.
Select Require accounting sequence.
Select Save.

Next step: Configure summaries for accounting sequences