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:...
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...
Define Common Applications Configuration (Required) Set up enterprise structures: Define the legal entities, business units, and ledgers. Configure reference data sharing: Determine shared business objects across business units. Manage Ledger Options (Required) Define...
Below are the configuration steps for Fusion General Ledger. Each step is labeled as either “Required” or “Optional” to indicate its necessity: Chart of Accounts Setup(Required) Define Value Sets: Create a set of permissible values for each...
Using the Credit Classification commonly known in Oracle Receivables, you can differentiate accounting treatment for Receivables based on different types of customers. Leveraging Subledger Accounting (SLA) in this context offers the flexibility to customize the...
