By Mohan Iyer
Oracle EBS Financials offer organisations with recommendations to quite a lot of lengthy- and temporary accounting procedure concerns. Oracle E-Business Suite is the main accomplished suite of built-in, worldwide company purposes that gives the main whole, built-in enterprise intelligence portfolio
Oracle E-Business Suite: A performance consultant – is helping in binding the 2 ability units jointly – wisdom of the software program and the company wisdom of the user.
This advisor comprises every thing you must recognize to maximise your implementation payback or go back on investment.
This e-book begins with an outline of Oracle E-Business Suite R12 the place we hide the root gains of Oracle monetary administration modules which come with Navigation inside Oracle E-Business Suite free up 12, a number of association entry keep watch over (MOAC), key elements of software protection and masses extra. The booklet then covers intimately basic Ledger, Sub Ledger Accounting, resources, money administration, Treasury, E-Business Tax, and lots more and plenty extra.
Read or Download Oracle E-Business Suite Financials R12: A Functionality Guide PDF
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Additional resources for Oracle E-Business Suite Financials R12: A Functionality Guide
The discussion of the specifics is outside the scope of this book. A few examples of Key Flexfields in Oracle E-Business Suite finance modules with corresponding owners are shown in the following table: Key Flexfields Owners Accounting Flexfield General Ledger Asset Key, Asset Location, and Category Flexfield Assets Territory and Sales Tax Location Flexfield Receivables Item Categories, System Items, Item Catalogs Inventory We will be using the Accounting Flexfield (AFF) as an example basis to demonstrate much of the details in this chapter.
19 ] Overview of Oracle E-Business Suite These are predefined Key Flexfield qualifiers, and this manages to identify to the application that there is a special need for some activity to be performed based on these values. There is no easily supported way to add additional qualifiers to flexfield segments. Descriptive Flexfields used with the Accounting Flexfield segment qualified as a natural account identify usage for each value as follows: • Allow budgeting • Allow posting • Account type (Asset, Expense, Liability, Ownership/Stockholder's Equity, Income, and Revenue) • Reconcile • Third Party Control Account (Yes, No, Customer, Supplier, and Restrict Manual Journals) The budgeting and posting qualifiers are available for all the AFF segments.
It is important to note that when defining segment details there is a data element that controls if security rules can be used or not and this should have a value other than "No Security" for security rules to work. Fundamentals of organizations There are multiple system entities that are in a generic fashion referred to as organizations in the applications suite. These however, have classifications that identify how they will be used and their effect on the configuration and usage. The Oracle E-Business Suite includes the following important system entities: • Business Group • Government Reporting Legal Entity (known as GRE in previous releases) • Legal Entity [ 21 ] Overview of Oracle E-Business Suite • Ledgers • Operating Unit • Inventory Organization • Human Resources Organization (also commonly identified with Departments) Each system entity is assigned to a classification that determines its functionality and indicates how you might want to deploy it.