Case Study: General Electric eliminates Oracle customizations and automates detailed COGS accounting with Virtual Trader

General Electric - Customer Case Study

General Electric (GE Appliances) faced a corporate mandate to remove complex Oracle customizations while keeping precise cost control and reporting. They needed Cost of Goods Sold (COGS) broken down into standard inventory and non‑inventory elements (Warranty, Royalties, Delivery) and each element booked to distinct account‑code combinations. To meet this need they engaged Virtual Trader and deployed the Virtual Trader Intercompany Engine.

Virtual Trader’s Intercompany Engine processed inventory cost transactions in the subledger, split COGS journal entries into the required elements and posted them to the General Ledger, preserving detailed cost reporting without reintroducing Oracle customizations. The solution allowed General Electric to retain accurate, auditable cost control, avoid new customization costs and support overheads, and the same Virtual Trader engine was extended to address accounting for Fixed Assets, Projects and Payables.

General Electric