Skip to main content

Oracle Fusion Applications: Rapid Implementation



Go through : https://learn.oracle.com/pls/web_prod-plq-dad/learn?p=MO:39618:40002:40005:0

Rapid implementation spreadsheet template is used to implement Oracle Fusion Enterprise structures set up for the following objects:
· Chart of Accounts which includes set values, value sets and structures
· Account hierarchies (trees and tree versions)
· Accounting calendars
· Legal entities and Jurisdictions
· Primary Ledgers
· Business Units
The aforementioned items are Functional Set up manager tasks which need to be performed to rapidly implement Oracle Fusion GL. Set up Chart of Accounts, Ledger, Legal Entities and BU’s in a Spreadsheet can be downloaded for the rapid implementation Excel spreadsheet template.
Uploading of COA — Create an enterprise structure process from the scheduled process using Upload Data file as a parameter.
Deployment of COA — To perform this activity, open the manage chart of accounts instance page. There is an option to select an accounting flex field and press deploy button to deploy the accounting flex field.
Uploading of the Ledger — We can create an enterprise structure process from a scheduled page with the upload data file as parameter.
Below are some of the best practices and recommendations:
Chart of Accounts needs to be designed carefully, need to include the number and sequence of segments. It is advisable to identify the aspects of business that you want to track and analyze. i.e., Entity, Division, Cost Center etc.
Fast and Robust Account Inquiry
Foresee future growth and changes needed in reporting requirements. Based on that, ensure to define future segments. Always have default values for future segments for better data entry. Set up account hierarchies to reflect managerial, legal and geographical relationships between the value set values. Financial balances are pre-aggregated at each parent level. It would allow fast and robust account inquiry.
Preparing and Loading Rapid implementation templates
Collect Data:
First, collect the required data for implementation.
1. Finalize chart of accounts segments
2. Compilation of segment values
3. Identification of LE’s and BU’s
4. Determining Retained earnings account
How to prepare Data Sheet Templates
Complete the data sheets for each enterprise structure. There would be character and word limitations so consider to apply Hyperion Essbase and to other Oracle GL configurations. Follow the steps below:
1. Finish Chart of Accounts, Calendar, Currency and Ledger
2. Finish BU data entry
3. Finish Companies and LE’s
4. Finish Natural Accounts sheet
5. Finish Financial sequences
6. Validate the workbook data
How to Load Templates
· Once you click on Step 2, it generates an XML data file called ChartOfAccounts.xml
· Save this file in our local folder
· Now click on Step 3, it generates an XML data file called FinancialsCommonEntities.xml
· We can save the file in our local folder
· Go to setup and maintenance page in FSM, search and select the Upload Chart of Accounts task
· Upload file — select ChartOfAccounts.xml file
· Click on the Submit button, you will be directed to Scheduled Process Page
· Check for any errors or warnings to ensure the process is completed without any interruptions
· Click on Done button
· Select deploy chart of accounts from the set up and maintenance form

Comments

Post a Comment

Popular posts from this blog

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

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

AP Table Relation Oracle Apps

AP Table Relation Oracle Apps ORACLE PAYABLE TABLE RELATION Source Table Dependent Table Condition AP_INVOICE_LINES_ALL AIL ZX_LINES_SUMMARY ZLS AIL.invoice_id = ZLS.trx_id and  ZLS.application_id  = 200 and  ZLS.entity_code  = 'AP_INVOICES' and  ZLS.event_class_code  in ('STANDARD INVOICES', 'PREPAYMENT INVOICES', 'EXPENSE REPORTS') and  AIL.summary_tax_line_id = ZLS.summary_tax_line_id AP_INVOICE_LINES_ALL AIL ZX_LINES ZL AIL.invoice_id = ZL.trx_id and  ZL.application_id  = 200 and  ZL.entity_code  = 'AP_INVOICES' and  ZL.event_class_code  in ('STANDARD INVOICES', 'PREPAYMENT INVOICES', 'EXPENSE REPORTS') and  AIL.line_number = ZL.trx_line_number AP_INVOICE_DISTRIBUTIONS_ALL AID ZX_REC_NREC_DIST ZD AID.invoice_id = ZD.trx_id and  ZD.application_id  = 200 and  ZD.entity_code  = 'AP_INVOICES' and  ZD.event_class_code  in ('STANDARD INVOICES', 'PREPAYMENT INVOICES', 'EXPENSE REPORTS') and...
Post a Comment
Read more