Oct 26, 2023 | EBTax, Oracle
Tax Regimes: Establish the overarching system or method of taxation relevant to a particular country or jurisdiction. Taxes: Under each tax regime, define the specific types of taxes (e.g., VAT, GST, Sales Tax) that will be applied. Tax Statuses: Determine the various...
Oct 26, 2023 | Exp, Oracle
Conversion Rates and Policies – Required: Define the currency conversion rates that will be used by the Expenses application. Establish policies for currency conversion, including base currency and allowed variances. Expense Report Templates – Required:...
Oct 26, 2023 | AR, Oracle
Receivables Activities Configuration (Required) Define Receivables Activities: Set up activities like adjustments, miscellaneous cash, and others. Link these activities to the appropriate general ledger accounts. Approval Limits Configuration (Required) Define...
Oct 26, 2023 | CE, Oracle
Manage Bank Accounts, Branches, Accounts Define internal bank accounts. Define Branches Define Accounts Assign bank accounts to business units and legal entities. Set Up Bank Statement Import and Reconciliation Define bank statement formats. Define reconciliation...
Oct 26, 2023 | FA, Oracle
Define Key Flexfields (KFFs): Required: Asset Key Flexfield: Captures specific details of the asset. Location Flexfield: Captures the location of the asset. Category Flexfield: Determines the category to which an asset belongs. Define Value Sets for KFFs: Required:...
Oct 26, 2023 | GL, Oracle
Oracle Fusion Applications focusing on the General Ledger Allocations feature. In this session, I will be diving into a practical use case where rent expenses, initially aggregated in a single account, are allocated across multiple child accounts under a parent based...