Multiple Reporting Currencies The Multiple Reporting Currencies (MRC) is the set of unique feature embedded in Oracle applications,

which allows you to report on and maintain accounting at the transaction level in more than one functional currency. MRC is based on the Multi-Org Architecture, and is a significant aspect of a globalization strategy. The primary functional currency is the currency you use to record transactions and maintain your accounting data within the Oracle E-Business Suite. In the primary set of books, the functional currency is always the primary functional currency. Usually, the primary functional currency is the currency in which you perform most of your business transactions, and the one you use for legal reporting. A reporting set of books is a financial reporting entity associated with a primary set of books. While the reporting set of books has the same chart of accounts and accounting calendar as the primary set of books, its use of a different functional currency (reporting functional currency) allows you to report in a different functional currency than that of your primary set of books. You must define a separate set of books for each of your reporting functional currencies. By using MRC concept we can maintain up to Eight Reporting Set Of Books. Multi - Org Setup

Steps and Navigations 1. Login as sysadmin responsibility 2. Define required responsibilities Navigation: security->responsibility->define 3. Define user and assign responsibilities to the user. Navi: Security->user-> define. 4. Login as GL Responsibility 5. Define accounting flexfield Navi: setup->financials->flexfield->key->segments

6. Give values for your segments Navi: setup->financials->flexfield->key->values. 7. Define Currency Navi: setup->Curriencies->define 8. Define Calendar. Navi: Setup->financials->calendar->Type/Accounting 9. Create SOB N: Setup->financials->book->define 10. Login as HRMS responsibility. 11. Define a location N: Work Structure->Location 12. Define a Business Group N: Works Structure->organization->description 13. Set the following Profile Options to all your responsibilities HR: Security HR: Business group HR: User Type GL: Set of Books Name 14. Login as Inventory responsibility 15. Create legal entity N: Setup->organizations->organizations 16. Create Operating unit N: Setup->organizations->organizations 17. Set Profile option Mo: Operating unit for all responsibilities which is worked at operating unit level. 18. Create Work day calendar 19. Create inventory Organization. N: Setup->organizations->organizations 20.Login as sysadmin and run replicate seed data program.

Procure To Pay Cycle Process

1. Create a Standard Purchase order.

2. Give Shipments

3. Give Distributions

4. Approve PO

5. See the status of the PO In The header level: It is approved.

6. Go to the ReceivingReceipts

7. Give the sub inv and stock locator where you want store the goods. And Save.

8. View the request status and refresh If not Completed.

9. Run the Program Pay on receipt auto invoice.(Which Generate Invoice Automatically)

10. View the Status of the program and refresh if not completed.

11. Go to Payables: InvoiceEntry Invoice Query with the Invoice Num ERS%

12. Validate the Invoice .After Validate Enable the creating Accounting check box.

13.See The Account

14. Enable the check box Pay in full. And Pres ok.

15. Select the Bank and Go to Actions

16. Enable the check box Create Accounting and press ok.

17. See the Account Created.

18. Now see the invoice status validated, accounted and amount paid.

19. Go to Cash Management: Bank Statements Manual clearing. Clear Transactions Find the Bank Account.

20. Enable the Transaction and press Clear Transaction Button.

21. Go to Payables: PaymentEntryPayment Query with Payment Date

22. Go to actions, enable Create Accounting and press ok.

23. See the Account created.

24. Run: Payables Transfer to General Ledger.

25.View the Request status and refers if not completed.

26.Got to GL:JournalImportRun

27.View the request status and refers if not completed.

28. Go to JournalsEnter .Find with Source as Payables.

Payables Reports Listing

Accounts Payables Frequently Asked Questions 1. What are the types of invoices? 2. What is difference between debit memo and credit memo? 3. What is meant by with-holding tax invoice?

4. What are the mandatory setups in AP? 5. What is the difference between PO default and quick match? 6. Use of recurring invoice? 7. Steps for payment batch? 8. Purpose of Payable invoice open interface? 9. Payable open interface import? (Expense Report Import) 10. Multi Currency payments? 11. Can we implement MRC at Payables? 12. Use of Distribution set? 13. Accounting Methods? 14. Use of automatic offset method? 15. What does the Unaccounted Transaction Sweep Report do? 16. What reports should I run before closing the period? 17. What is the program to transfer data from AP to GL? 18. What is meant by void payments? 19. What are the types of journal categories available in the AP? 20. What is meant by matching and what are the types of matchings available? 21. Types of Prepayments? And difference between them? 22. What is a Hold and Release 23. How to approve n no. of invoices 24. What is Zero-Payment in AP 25. What is Proxima Payment Terms? 26. What are the tables associated with Invoice? 27. Which interface tables are used for Invoice Import? 28. What is 2 way, 3 way and 4 way matching? 29. What is Interest Invoice and how it can be created? 30. How many key flexfields are there in Payables? 31. Can you cancel the invoice? If yes, explain? 32. What is pay date basis? 33. What is terms date basis? 34. What is the report used to identify duplicate suppliers? 35. Difference between header level tax calculation and line level tax calculation? 36. What is meant by accrual write off? 37. Difference between quick payment and manual payment? 38. Use of Future dated payments? 39. Tell me steps for Period closing Process in AP? 40. Payable And Financial options? 41. What is meant by third party payments? 42. How to transfer funds between your internal banks? 43. Invoice Approval Process? 44. Can I find out which invoices are matched to a PO? 45. What is Intercompany Invoicing? 46. ERS Invoice means? 47. Use of Pay on receipt auto invoice? 48. What is meant by RTS transactions? 49. What are the steps to define a Bank? 50. Payment Methods? Difference between multiple databases, multiple instances, and multiple installations? In Oracle database terminology, an instance is the combination of background processes and memory structures that allow the user to access data in an Oracle database. In an applications context, instance and database are often used interchangeably. Multiple installations, or "installs" means that Oracle Applications are installed multiple times on a single database. Multiple databases or instances refer to a scenario in which there may exist numerous databases, each with one or more installations and implementations of the Oracle Applications.

Period status in General Ledger

Open: In the Open status you can enter and post Journals. Closed: In this status Journal entry and posting not allowed until accounting period is reopened. Reporting and inquiry allowed. Permanently Closed: In this status Journal entry and posting not allowed. You cannot change this period status. Reporting and inquiry allowed. You can change the status. Never Opened: Journal entry and posting are not allowed. General Ledger assigns this status to any period preceding the first period ever opened in your calendar, or to any period that has been defined, but is not yet future-enterable. You cannot change this period status. Future-Entry: Journal entry is allowed, but posting is not. Your period is not yet open, but falls within the range of future-enterable periods you designated in the Set of Books window. You cannot change this period status without using the concurrent process to open the period. Recurring Journals Define recurring journal formulas for transactions that you repeat every accounting period, such as accruals, depreciation charges, and allocations. You can use recurring journals to create three types of journal entries: Skeleton Journal Entries: Skeleton journals have varying amounts in each period. You define a recurring journal entry with out amounts, and then enter the appropriate amounts each accounting period. There are no formulas to enter, only account combinations. For example, you can record temporary labor expenses in the same account combination every month with varying amount due to fluctuations in hours.. Standard Recurring Journal Entries: Standard recurring journal entries use the same accounts and amounts each period. For Example: Record monthly lease expenses with constant amounts charged to the same account. Recurring Journal Formula Entries: Formula entries use formulas to calculate journal amounts

that vary from period to period. For example, calculate commotion to sales representative based on the sales of the month. Purchasing FAQs 1. Define Requisition? 2. What are the types of requisitions? 3. What is the use of requisition template? 4. What is the procedure for requisition import? 5. What is meant by RFQ? 6. What are the types of RFQS? 7. What is meant by quotation and quotation analysis? 8. What is meant my PO? 9. What are the types of PO? 10. What are the types of receipts? 11. What is meant by receipt routing? 12. What is the purpose of receiving transactions? 13. What is meant by receipt routing? Types? 14. What is the use of auto create? 15. What is meant by pay on receipt auto invoice? 16. What do you mean by controlling buyers workload? 17. What is matching? What are the various methods of matching? 18. What is the use of defining security hierarchy? 19. What is the difference between accrue at period end and accrue on receipt? 20. Why are expenses items typically accrued at period end, and why are inventory items always accrued on receipt?

Types Of Purchase Orders

From the below picture you can find the diffrence between purchase orders.

key flexfield

key flexfield is a field made up of segments, where each segment has both a value and a meaning. You can think of a key flexfield as an intelligent field that your business can use to store information represented as codes. Most organizations use codes made up of meaningful segments to identify general ledger accounts, part numbers, and other business entities. Each segment of the code can represent a characteristic of the entity. For example, consider an account number for a bank. A complete bank number may consists of various segments like the country code, area code, city code, branch code, account type, account number etc What is SQL*Loader and what is it used for? SQL*Loader is a bulk loader utility used for moving data from external files into the Oracle database. Its syntax is similar to that of the DB2 Load utility, but comes with more options. SQL*Loader supports various load formats, selective loading, and multitable loads

Introduction to TOAD TOAD is powerful development tool to build an advanced SQL/PLSQL . Using TOAD, developers can build and test PL/SQL packages, procedures, triggers and functions. You can create and edit database tables, views, indexes, constraints and users. Simply, the GUI object browser provide quick access to database object.

Project Implementation Model

Period closing Process for Payables Period closing Process for Payables You cannot close a period in Payables if any of the following conditions exist: o Outstanding payment batches. Confirm or cancel all incomplete payment batches. o Future dated payments for which the Maturity Date is within the period but that still have a status of Issued. o Unaccounted transactions. Submit the Payables Accounting Process to account for transactions, or submit the Unaccounted Transaction Sweep to move any remaining unaccounted transactions from one period to another. o Accounted transactions that have not been transferred to general ledger. Submit the Payables Transfer to General Ledger process to transfer accounting entries. To complete the close process in Payables: 1. Validate all invoices. Run Invoice Validation Concurrent program. 2. Confirm or cancel all incomplete payment batches. 3. If you use future dated payments, submit the Update Matured Future Dated Payment Status Program. This will update the status of matured future dated payments to Negotiable so you can account for them. 4. Resolve all unaccounted transactions. Submit the Payables Accounting Process to account for all unaccounted transactions. Review the Unaccounted Transactions Report. Review any unaccounted transactions and correct data as necessary. Then resubmit the Payables Accounting Process to account for transactions you corrected. Or move any unresolved accounting transaction exceptions to another period (optional). o Payables Accounting Process. o Submit the Unaccounted Transactions Sweep Program. 5. Transfer invoices and payments to the General Ledger and resolve any problems you see on the output report: o Payables Transfer to General Ledger Program. 6. In the Control Payables Periods window, close the period in Payables. o Controlling the Status of Payables Periods. 7. Reconcile Payables activity for the period. You will need the following reports: o Accounts Payable Trial Balance Report (this period and last period). o Posted Invoice Register. o Posted Payment Register.

8. If you use Oracle Purchasing, accrue uninvoiced receipts. 9. If you use Oracle Assets, run the Mass Additions Create Program transfer capital invoice line distributions from Oracle Payables to Oracle Assets. 10. Post journal entries to the general ledger and reconcile the trial balance to the General Ledger.

Data Load Data load is the tool to Load data into any application running in Windows, and contains extra functionality for loading data and setup into Oracle Applications. Means we can load data through front end forms. To load data using Data Load you setup Data Load to load into the forms and the forms load the data into your system. Non technical users can also use this tool. SOX The Sarbanes-Oxley Act of 2002, also known as the Public Company Accounting Reform and Investor Protection Act of 2002 and commonly called SOx or Sarbox; is a United States federal law enacted on July 30, 2002,To improve quality and transparency in financial reporting and independent audits and accounting services for public companies, to create a Public Company Accounting Oversight Board, to enhance the standard setting process for accounting practices, to strengthen the independence of firms that audit public companies, to increase corporate responsibility and the usefulness of corporate financial disclosure, to protect the objectivity and independence of securities analysts, to improve Securities and Exchange Commission resources and oversight, and for other purposes

Note On Indian localization

Oracle Applications was developed as a Global product.Because of this reason it does not supported by some acts like customs,central excise,vat,cst...etc which are mandatory according to Indian Laws. All other contries are also having some contry specific requirements. To meet the above requirements Oracle developes software named patches.We can add this patches to the base product of the oracle applications. Indian Localization is also one patch which meets the contry specific requirements. What is India Localization Product? India Localization is a solution built over Oracle E-Business Suite, Oracle's e-business applications software product, that provides Clients in India with the most comprehensive solution to comply with the India specific tax requirements as specified by Central Excise, Customs, Sales Tax and VAT, and Income Tax, (to the extent of tax deduction at source and generation of Depreciation Schedule for fixed assets). India Localization product also provides valuable information that can be used for statutory and management reporting. What Does India Localization Product Do? The product uses its own tax engine, for handling taxes applicable across 'Procure to Pay' and 'Order to Cash' transactions. In India Localization, taxes are defaulted based on the pre-determined setup (Tax Defaultation). Tax amounts are calculated based on precedence such as transaction base value, tax on tax, or assessable value as specified by tax authority (Tax Calculation). The Tax Amount is considered for inventory valuation, recoverability and accounting based on the pre-determined recoverability and accounting rules (Tax Accounting and Recoverability). Details of recoverable tax amount are recorded as part of the repository (Tax Recording). This information can further be used to calculate the final tax liability arising on settlement at the end of the tax period (Tax Settlement) and for statutory reporting (Tax Reporting). Components of India Localization Product Tax Defaultation Tax Calculation and Recovery Accounting for India Localization Taxes Recording and Reporting Tax Information Form personalization Introduction to Form personalization Form personalization is a declarative feature that alters the look and behavior of the oracle forms with out changing base code. This concept was introduced in the release 11.5.10. All E-Business suit forms can be personalized By using form personalization you can:1. Display your own terminology. 2. Stream lines the screen interaction. 3. Implement security policies. 4. Add your own validation and error messages. There are some limitations: 1. You can only change what oracle forms allows to be changed at run time. 2. You can only respond to limited trigger events only.

3. Your changes may be overridden by oracle base code.

AIM Documents As a functional consultant we should know about AIM. Please find the AIM Documents list below. Business Process Architecture (BP) BP.010 Define Business and Process Strategy BP.020 Catalog and Analyze Potential Changes BP.030 Determine Data Gathering Requirements BP.040 Develop Current Process Model BP.050 Review Leading Practices BP.060 Develop High-Level Process Vision BP.070 Develop High-Level Process Design BP.080 Develop Future Process Model BP.090 Document Business Procedure Business Requirements Definition (RD) RD.010 Identify Current Financial and Operating Structure RD.020 Conduct Current Business Baseline RD.030 Establish Process and Mapping Summary RD.040 Gather Business Volumes and Metrics RD.050 Gather Business Requirements RD.060 Determine Audit and Control Requirements RD.070 Identify Business Availability Requirements RD.080 Identify Reporting and Information Access Requirements Business Requirements Mapping BR.010 Analyze High-Level Gaps BR.020 Prepare mapping environment BR.030 Map Business requirements BR.040 Map Business Data BR.050 Conduct Integration Fit Analysis BR.060 Create Information Model BR.070 Create Reporting Fit Analysis BR.080 Test Business Solutions BR.090 Confirm Integrated Business Solutions BR.100 Define Applications Setup BR.110 Define security Profiles Application and Technical Architecture (TA) TA.010 Define Architecture Requirements and Strategy TA.020 Identify Current Technical Architecture TA.030 Develop Preliminary Conceptual Architecture TA.040 Define Application Architecture TA.050 Define System Availability Strategy TA.060 Define Reporting and Information Access Strategy TA.070 Revise Conceptual Architecture TA.080 Define Application Security Architecture TA.090 Define Application and Database Server Architecture TA.100 Define and Propose Architecture Subsystems TA.110 Define System Capacity Plan

TA.120 Define Platform and Network Architecture TA.130 Define Application Deployment Plan TA.140 Assess Performance Risks TA.150 Define System Management Procedures Module Design and Build (MD) MD.010 Define Application Extension Strategy MD.020 Define and estimate application extensions MD.030 Define design standards MD.040 Define Build Standards MD.050 Create Application extensions functional design MD.060 Design Database extensions MD.070 Create Application extensions technical design MD.080 Review functional and Technical designs MD.090 Prepare Development environment MD.100 Create Database extensions MD.110 Create Application extension modules MD.120 Create Installation routines Data Conversion (CV) CV.010 Define data conversion requirements and strategy CV.020 Define Conversion standards CV.030 Prepare conversion environment CV.040 Perform conversion data mapping CV.050 Define manual conversion procedures CV.060 Design conversion programs CV.070 Prepare conversion test plans CV.080 Develop conversion programs CV.090 Perform conversion unit tests CV.100 Perform conversion business objects CV.110 Perform conversion validation tests CV.120 Install conversion programs CV.130 Convert and verify data Documentation (DO) DO.010 Define documentation requirements and strategy DO.020 Define Documentation standards and procedures DO.030 Prepare glossary DO.040 Prepare documentation environment DO.050 Produce documentation prototypes and templates DO.060 Publish user reference manual DO.070 Publish user guide DO.080 Publish technical reference manual DO.090 Publish system management guide Business System Testing (TE) TE.010 Define testing requirements and strategy TE.020 Develop unit test script TE.030 Develop link test script TE.040 Develop system test script TE.050 Develop systems integration test script TE.060 Prepare testing environments TE.070 Perform unit test TE.080 Perform link test TE.090 perform installation test TE.100 Prepare key users for testing

TE.110 Perform system test TE.120 Perform systems integration test TE.130 Perform Acceptance test PERFORMACE TESTING(PT) PT.010 - Define Performance Testing Strategy PT.020 - Identify Performance Test Scenarios PT.030 - Identify Performance Test Transaction PT.040 - Create Performance Test Scripts PT.050 - Design Performance Test Transaction Programs PT.060 - Design Performance Test Data PT.070 - Design Test Database Load Programs PT.080 - Create Performance Test TransactionPrograms PT.090 - Create Test Database Load Programs PT.100 - Construct Performance Test Database PT.110 - Prepare Performance Test Environment PT.120 - Execute Performance Test Adoption and Learning (AP) AP.010 - Define Executive Project Strategy AP.020 - Conduct Initial Project Team Orientation AP.030 - Develop Project Team Learning Plan AP.040 - Prepare Project Team Learning Environment AP.050 - Conduct Project Team Learning Events AP.060 - Develop Business Unit ManagersReadiness Plan AP.070 - Develop Project Readiness Roadmap AP.080 - Develop and Execute CommunicationCampaign AP.090 - Develop Managers Readiness Plan AP.100 - Identify Business Process Impact onOrganization AP.110 - Align Human Performance SupportSystems AP.120 - Align Information Technology Groups AP.130 - Conduct User Learning Needs Analysis AP.140 - Develop User Learning Plan AP.150 - Develop User Learningware AP.160 - Prepare User Learning Environment AP.170 - Conduct User Learning Events AP.180 - Conduct Effectiveness Assessment Production Migration (PM) PM.010 - Define Transition Strategy PM.020 - Design Production Support Infrastructure PM.030 - Develop Transition and Contingency Plan PM.040 - Prepare Production Environment PM.050 - Set Up Applications PM.060 - Implement Production Support Infrastructure PM.070 - Verify Production Readiness PM.080 - Begin Production PM.090 - Measure System Performance PM.100 - Maintain System PM.110 - Refine Production System PM.120 - Decommission Former Systems PM.130 - Propose Future Business Direction PM.140 - Propose Future Technical Direction

Oracle Implementation Methodalagy SUMMARY NOTES ON AIM Application Implementation Method is a provan approach, which specifies all the activities which are required to implement oracle applications successfully. The scope of the AIM is enterprise wide. There are eleven processes of implementation. 1. Business Process Architecture[BP] This phase explains Existing business practices Catalog change practices Leading practices Future practices 2. Business Requirement Definition[RD] This phase explains about the Base line questionnaire and The gathering of information. 3. Business Requirement Mapping[BR] In this phase we can match all the requirements of business with the standard functionality of the oracle applications. If all the requirements match with oracle standard (with out customization) functionality then, it is called as vanilla implementation). 4. Application and Technical Architecture [TA] Explains the infrastructure requirements to implement oracle applications. For example: desktops software hardware people...etc

5. Build and Module Design[MD] In this phase concentrate on developing the new functionality which is required by the client. This is called customization. In this phase explains how to design a forms, database and reports... 6. Data Conversion:[CV]

Is the process of converting or transferring the data from legacy system to oracle applications? This is called as data migration. Ex: transferring the closing balances of the previous year as an opening balances to next year. 7. Documentation:[DO] I n this phase we have to prepare module wise user guides and implementation manuals which helps in the implementation. 8. Business System Testing:[TE] A process of validating the setups and the functionality by a tester to certify its status is allied business system testing. It is done by a functional consultant. 9. Performance Testing:[PT] Performance testing means evaluation of transaction saving time, transaction retrieval times. It is done by a technical team. 10; Adoption and Learning.[AP] This phase explains about the removal of the legacy system of the client. The entire user should be trained with new oracle applications. In this phase we have to prepare user manuals. 11. Production Migration[PM] A process of decommissioning of legacy system and the usage of new oracle application system begins in this phase.