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:...
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...
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...
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...
Oracle Subledger Accounting (SLA) provides a mechanism to accommodate different accounting requirements in Oracle EBS R12.2. Within SLA, there are multiple entities that help in configuring and customizing accounting rules. Three key entities are: Subledger Accounting...
