Skip to main content

Financial (AP/AR/GL) Analytics Integration with Projects in OBIA 7964


Oracle Analytical Application

As you know Oracle is continuously acquiring additional applications, one thing remains the same – pre-built analytics on Oracle’s BI Foundation. Oracle analytics apps family which Siebel started back in 2000/2001 has grown into 80+ analytical applications. The latest inclusion of Taleo and Right now analytics are the latest in the strong list. I still remember working on one of the first analytics application with big telecom company in London back in 2001.

Now we got number of Analytical Application, there is growing need on how to integrate these different analytics to maximize the cross field benefits. The most common request is around project analytics where customer would like to integrate project information with financial and spend/procurement data. Oracle has responded back by providing an option to integrate the Project Analytics with Procurement and Spend Analytics for Oracle EBS and Financial Analytics for Oracle EBS with OBIA 7964. Customer would have to pay some additional license fee J

This blog is an attempt to discuss the option of integrating Financial Analytics of Oracle EBS with the Project Analytics data.

Oracle Offering - Integration with Financial Analytics

Oracle Project Analytics which is a part of OBIA 7.9.6.4 provides an out-of-the-box integration with Oracle Financial Analytics. The integration allows project users to get details of both AR invoices and AP invoices at summary level of each project in multiple buckets to understand the cash flow. It offers users to drill down to the receivable or payables information to view the specific customer invoices or suppler invoices causing the cash flow issues, and take remedial actions before they occur. This is possible as Project Invoices functionality is a part of Oracle Financial Analytics.

Integrated Subject Area and Fact Tables

The following Oracle Financial Analytics for EBS Subject Areas to use Project Analytics for EBS tables:
Financials - Budget
Financials -Payables
Financials -Receivables
Financials - Cost of Goods Sold
Financials - General Ledger
Financials - Revenue

The following Oracle Financial Analytics fact tables integrate with Project Analytics dimensions:

W_ACCT_BUDGET_F
W_AP_INV_DIST_F
W_AP_XACT_F
W_AR_XACT_F
W_GL_COGS_F
W_GL_REVN_F
W_AP_AGING_INVOICE_A
W_AR_AGING_INVOICE_A

Configuration Steps

In DAC, select the Oracle EBS source system container depending on the version of the OLTP that you are using.
Select each Subject Area, and then in the Configuration Tags tab, clear the Inactive check box for the Enable Project Dimensions configuration tag.
Assemble the Subject Areas.
Click the Execute button and build the Execution Plan for the Subject Areas that you updated.

End User Reports – Projects to Financial Data

Project Invoices 



Drill to AP Invoices



Drill to AR Invoices



Comments

Post a Comment

Popular posts from this blog

Public API’s for FA Transactions

Public API’s for FA Transactions So far Oracle FA is have all the good things except the lack on reporting.Oracle FA is now offer lot of public API's that can be used to interfacing with third party or Oracle application other modules. Here are some of transaction's API's:   Additions API if you have requirement to add assets directly via PL/SQL then use  FA_ADDITION_PUB.DO_ADDITION. If you have selected the Allow CIP Assets check box on the Book Controls window of a tax book when adding CIP assets using the Additions API, the this API automatically adds those CIP assets to that tax book at the same time that they are added to the corporate book. Adjustments API you can make cost adjustments to your assetsdirectly via PL/SQL using  FA_ADJUSTMENT_PUB.DO_ADJUSTMENT  for any  process adjustment. Detail can be found in appendix H) You can use this API if you have a custom interface that makes it difficult to use with the existing Oracle Assets interfaces for adjusti...
Post a Comment
Read more

Unbilled Receivables and Unearned Revenue Accounting in Oracle Projects

Unbilled Receivables and Unearned Revenue Accounting in Oracle Projects Introduction When it comes to contractual billing, invoice and revenue generation are two separate processes, which during the lifespan of a project may or may not always coincide with each other and so do the balances in revenue and receivables accounts.  This interim difference between revenue and invoice account balances is bridged using Unbilled Receivables (UBR) and Unearned Revenue (UER) Accounts. Unearned Revenue (UER) Unearned Revenue (also termed as deferred revenue or UER) signifies money received for the goods or services, which are yet to be delivered.  As per the principles of Revenue Recognition, UER is recorded as on the balance sheet unless it is converted to Revenue upon delivery of goods or services For Example XYZ Consulting Ltd. receives an annual maintenance contract of $ 12,000 on Dec 31, 2014 for the period of Jan 01, 2015 to Dec 31, 2015. At the start of the contract as of Dec 31, 2...
2 comments
Read more

Create Accounting for a Payment generates errors 95333 and 95359

Create Accounting for a Payment generates errors 95333 and 95359 Error: 95333: A conversion rate does not exist to convert USD to AUD for the conversion type Corporate and conversion date 20-MAR-09 for line -25. Please use the Daily Rates form in General Ledger to enter a conversion rate for these currencies, conversion date and conversion type. 95359: There is no accounted amount for the subledger journal entry line. Please inform your system administrator or support representative that: The source assigned to the accounting attribute Accounted Amount has no value for extract line number 88547. Please make sure the source assigned to the accounting attribute Accounted Amount has a valid value, or assign a different source to this accounting attribute. Solution: 1. Specify a conversion rate for the currencies and conversion date mentioned in the error message 95333 Navigation under the General Ledger responsibility: Setup > Currencies > Currency Rates Manager > Daily Rates ...
15 comments
Read more