Skip to main content

R12 Intercompany Accounts Set Up

R12 Intercompany Accounts Set Up


In R12 the Intercompany Accounts setup is broken out from GL and included in the Advanced Global Intercompany System (AGIS) product (Don’t worry you don’t need any additional license for this product). There is a separate set up screen for Intercompany and Intracompany Accounts. The same set up pages are available through the Accounting Set Up Manager as well as AGIS so you can pick your navigation path.
The Intracompany accounts are defined for pairs of Balancing Segment Values (BSV) within the same ledger; this set up is similar to the 11i approach and we upgrade 11i Intercompany accounts to Intracompany accounts here. You don’t need to uptake the Legal Entity Configurator product(new in R12) to define these.
In order to enter Intercompany Accounts you need use Legal Entity Configurator to define your Legal Entities and map them to ledgers and/or BSV. You then define accounts to use when certain pairs of Legal Entities trade.
In R12 you can now define a separate payable and receivable account for each Inter/Intracompany trading relationship. In 11i you would just define the due to/due from account and that account was used for both the payables and receivables I had with the specified trading partner.
These will be used for any AGIS transactions you create and also by the automatic intercompany balancing in GL and SLA. Doing the Intercompany balancing at the transaction level in SLA is a big enhancement for R12 and one I will talk about and give examples of in another post.
Labels:

Comments

  1. rajeevSeptember 13, 2019 at 10:43 PM

    Oracle Apps R12 and Fusion Cloud Self Paced Training Videos by Industry Experts. Please Check https://www.oracleappstechnical.com

    ReplyDelete

Post a Comment

Popular posts from this blog

Oracle Subledger Accounting (SLA) Tables, Views

Oracle Subledger Accounting (SLA) Tables, Views Oracle Subledger Accounting Tables: TABLE NAME DESCRIPTION XLA_AAD_GROUPS The XLA_AAD_GROUPS table stores the merge dependencies analyzed during the merge analysis.  All application accounting definitions with the same GROUP_NUM must be merged together. XLA_AAD_HDR_ACCT_ATTRS The XLA_AAD_HDR_ACCT_ATTRS stores standard, system and custom sources assigned to an accounting attribute at the AAD level. XLA_AAD_HEADER_AC_ASSGNS Store the analytical criteria for the application accounting definitions. XLA_AAD_LINE_DEFN_ASSGNS This table stores the journal lines definitions for the application accounting definitions. XLA_AAD_LOADER_DEFNS_T The XLA_AAD_LOADER_DEFNS_T table is the interface table that facilitates the data transfer from data files and the database. XLA_AAD_LOADER_LOGS The XLA_AAD_LOADER_LOGS table stores the errors and logs generated by the application accounting definitions loader. XLA_AAD_SOURCES XLA_AAD_SOURCES table stores a...
1 comment
Read more

Oracle Fusion Cloud: Supplier Import Process using File Based Data Import (FBDI)

 Supplier Data Migration or Upload to Oracle Fusion environment File-Based Data Import for Oracle Procurement Cloud Supplier import in oracle fusion   In this post , We will discuss about Supplier import in oracle fusion. Oracle has provided the FBDI tool to import suppliers from External  Source  to the Oracle fusion. Supplier Import in Oracle fusion we first need to  Download  the Supplier Import FDBI  templates  given by the Oracle fusion to import suppliers. Oracle has given 5 Different FBDI templates to Import supplier in Fusion. Here in this post , I will share the Complete steps for Supplier import in oracle fusion. You can refer this post for Supplier Import.   Steps for Supplier import in oracle fusion     Step1- First we need to download Supplier Data  Template  from Oracle Repository. Go to this path for Oracle Repository. ( select Based on your Cloud version) https://docs.oracle.com/en/...
Post a Comment
Read more

Number to Word conversion in RTF

<?xdofx: expression ?> for extended SQL functions <?xdoxslt: expression ?> for extended XSL functions. You cannot mix xdofx statements with XSL expressions in the same context This function enables the conversion of numbers to words for RTF template output. This is a common requirement for check printing. The new function is “to_check_number”. The syntax of this function is <?xdofx:to_check_number(amount, precisionOrCurrency, caseType, decimalStyle)?> The following table describes the function attributes:   Attribute Description Valid Value amount The number to be transformed. Any number precisionOrCurrency For this attribute you can specify either the precision, which is the number of digits after the decimal point; or the currency code, which will govern the number of digits after the decimal point. The currency code does not generate a currency symbol in the output. An integer, such as 2; or a currency code, such as ‘USD’. caseType The case type of th...
Post a Comment
Read more