Financials Notes

6/9/2017 Financials Notes
Rate FULLY
PLEASE RATE Vote 5
VERIFIABLE
TESTIMONIALS
Like 0 f Share Tweet Share 0 Share 2

FUSION HCM MODUL
TRAINING PACKAGE

This is the best training institute
Accounting:
Fusion HCM Module Train

PAckage. This feedback is from

1. Recording‐‐‐‐‐‐‐‐‐‐‐‐‐Journal‐‐‐Book of Original Ent practical experience aft
ry Read Full Testimon

Ramkumar Nithiyananth

Furniture....................................1000 https://qa.linkedin.com/in/ramkum
nithiyanantham-82300
Cash ................................................10
00 All Testimonial

2. Classify‐‐‐‐‐‐‐‐grouping the transactions
APPS2FUSION

EVENT LIST

3. Summarizing‐‐‐‐‐‐‐‐accountwise totalling
<< Jun 2017 >>
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ Mon Tue Wed Thu Fri Sat Sun
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ 1 2 3 4

5 6 7 8 9 10 11

12 13 14 15 16 17 18

CASH FLOW STATEMENT...... 19 20 21 22 23 24 25
26 27 28 29 30

Cash Inflow.............

https://apps2fusion.com/apps/fm/479oraclefinancialsfunctionalnotes 2/54
1. CAsh Sales
2. REceipts from your customers
SEARCH ON
3. Loan from Bank
APPS2FUSION
4. Personal Loan
5. Receipt from Projects Search ...
4. Govt borrowings
Search
Total .................................*****

Less:
Cash Outflow..............
ENQUIRE FOR
TRAINING
1. Cash purchase
2. Payments to suppliers
3. Repayment of loan
4.
5.

Total ................................******

Net Inflow/Net Outflow

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐

Proprietorship‐‐‐‐‐

Owners' Capital‐‐‐‐‐‐‐‐‐‐‐‐10000

Less: Drawings‐‐‐‐‐‐‐‐‐‐‐‐‐‐2000
‐‐‐‐‐‐‐
8000
Add: Profits during the
period 3000
‐‐‐‐‐‐
11,000

======

Partnership‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Email *
Partner A
‐‐‐‐‐‐‐‐‐
Capital First Name *
Less: Drawings

Add: Profits
Last Name *

Partner B Country *
‐‐‐‐‐‐‐‐‐‐

Capital
Less: Drawings Mobile *

(201) 5550123

Add: Profits Training of your interest

Company‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ Enter your inquiry *

Owners' Equity

* required information
Share Capital.......................

For security purposes, please type the
letters and numbers you see below.
Reserves & Surplus.................

=======================================================
===============================

SUBMIT
Incomes
Less: Expenses

Profit

All Expenses RELATED
ITEMS
Less: Incomes

Loss Functional
Con៯�gurations
for OBIA Financial
Analytics
======================================================= Oracle EBS R12
======================================= Fixed Assets
Training

Oracle Fusion
Building:
Financials

Security Training

Order to Cash -

1. Purchasing at a cost of 10,00,000 Technical Flow in
R12
Building.......Dr 10,00,000 PO to AP to Fixed
Assets
Bank...........Cr 10,00,000 Fusion Apps ADF
12 -
Implementing
2. Benefit that the Co. enjoys/ Life of the asset‐‐‐‐‐‐
WHEN-VALIDATE-
‐‐‐> 10yrs
RECORD level

validation in ADF

Generate BACS
3. Every year....1/10th of the value
Has to show 1/10th of the value i.e. 1,00,000 every yea File in R12
r Payables for
Payment run
Fusion Apps ADF
11 -
Implementing
WHEN-VALIDATE-
P& L A/c ITEM equivalent
in ADF

Oracle Fusion
Depreciation............1,00,0000
Financials HCM

Training Articles

Oracle Fusion
Account Payables
Balance Sheet Training
E Business Tax
R12 - EBiz Tax
Implementation
Fixed Assets Steps
‐‐‐‐‐‐‐‐‐‐‐‐
Fusion Apps ADF
============
07 - Test View
Links and Add

Building further columns
‐‐‐‐‐‐‐‐ to Entity Objects

Fusion Financials

Cloud Integration
Original Cost 10,00,000
Training
Less: Depcn during the yr 1,00,000
SLA Part 11 -

Written down value.................900000 Steps to
Customize of SLA
- Subledger
Dr...Depreciation .............1,00,000 Accounting
Cr...Building............................1,00,0000 Fusion Financials
Cloud Receivables
advanced
collections
Training
=======================================================
SLA Part 10 -
===================================
Testing and

explaination of
Accounting Entries
SLA Con៯�g

SLA Part 9 -
Create Subledger
1. Accounting
Method
Oracle Fusion
Dr....Furniture.........................50,000 Financials -
Dr....Cash..............................50,000 Financial
Enterprise
Cr.....Ram's Capital a/c.............................10
Structures and
0,000
Fusion Security

Manage

Financials Report
2.
using SmartView
in Fusion
Dr.......Inventory...................75000 Financials Cloud-
Cr.......X a/c/ Accounts Payable..................75000 Demo
SLA Part 8 -
Creating
3. Application
Accounting
De៯�nition - AAD
Dr........Cash.....................100000
Create Report
Cr........Sales...(Income).............................
using Financial
100000
Reporting Studio

in Fusion
Financials Cloud-
Demo
4. SLA Part 8 -

Creating
Dr......Cost of Goods Sold..(Expense).........50000
Application
Cr......Inventory................................50000
Accounting

De៯�nition - AAD

5. R12 - Netting
Functionality Step
By Step
Dr. Rent............(Current mth).................1000 Reference Data
Dr. Rent Prepaid/Advance.....(Next mth)...........1000 Set in Oracle
Fusion Financials
Cr. Cas Cloud-Demo
h................................................2000
R12 Cash

Management

Features
6.
R12 Oracle

Dr.......Salary...............................5000 Receivables
Cr.......Cash.......................................... Features
5000 Oracle Fusion
Financials
Approval
7. Management
AMX Training
Dr....Interior Decoration....................2500
Comparison
DR....Prepaid/...............................2500
between

Sublegder
Cr.....Cash...........................................5
Accounting (SLA)
000
and Financial

Accounting Hub

(FAH)

8. R12 - Oracle
General Ledger
Dr.... Y a/c/ Accounts Receivable..............18000 Features
Cr......Sales a/c....................................18 Oracle R12
000 iProcurement
Training

Manage Fixed
Dr.........COGS........................10000
Assets Flex៯�eld in
Cr. .......Inventory...........................10000
Fusion Financials

Cloud- Demo

R12 New Features
9. in Oracle
Payables
Oracle EBS R12

Dr......Vehicle......................25000 Financial
Cr......Bank.................................25000 Accounting Hub
Fundamentals
Training
10.
Oracle

iProcurement in
Dr........Bank.................50000
R12
Cr.........Cash......................50000
R12 - Fixed Assets
Presentation
GENERAL LEDGER
ACCOUNTING
R12 Procurement
Features

R12 - Accounting

Setup Manager in

Oracle General

Ledger

General Ledger Oracle Endeca
Commerce
1. Training
Central Repository OBIEE - ORACLE
BUSINESS
INTELLIGENCE
ENTERPRISE
TransactionS:
EDITION - DAY

2(PART 2)

R12 - Cash Pool In
1.Entering Journal Entries
Cash
2. Posting
Management
OBIEE - ORACLE
4 Cs BUSINESS
==== INTELLIGENCE
ENTERPRISE
EDITION - Day
1.Chart of Accounts/Accounting Structure 2(Part 1)
========================================
Reconcile Bank

Statements in R12
Representing the Account heads by codes‐Numeric, Alphab
R12 Cash
etical or Alphanumeric
Forecasting

Oracle Apps
Mandatory/ Min no of segments‐‐‐‐2 Functional
Overview
Company‐‐> Balancing segment
Account‐‐‐> Natural Account segment R12 - Create

Banks and Bank
Max‐‐‐‐> 30 Accounts in
Oracle Apps R12

SLA Part 7 -
Advised‐‐‐‐5/6
Creating Journal

Line De៯�nition
Segments in the Account heads‐‐
Oracle Advanced
Pricing
Company= Fundamentals
Training
Company1‐‐‐‐01 SLA Part 6 -
Company2‐‐‐‐02 Overall SLA
Company3‐‐‐03 Diagram
.
SLA Part 5 -
.
Subledger
Company99‐‐‐99
Accounting

Methods

Departments== Oracle Fusion
Account
Dept 1‐‐‐001 Receivables
Dept2‐‐‐‐002 Training
Dept3‐‐‐‐003 SLA Part 4 -
Application
Accounting
Dept 100‐‐‐100 De៯�nitions

SLA Part 3 -

Journal Line

De៯�nition
Division
SLA Part 2 Entities
Cost Center - Event Class -

Location Event Types
SLA Part 1 - Why
Company‐Department‐Location‐Division‐Account SLA
Global
Consolidation R12
01‐001‐15‐5‐1110
Steps for Closing

Period in R12

Financials - Part 2
(Cash)
Oracle Financials
Functional
Furniture‐1501 Training R12 EBS
on GL AP AR Cash
02‐003‐10‐4‐1501
Management
020031041501 Fixed Assets
Steps for Closing

Period in R12
02‐003‐10‐4‐1501
Financials - Part 1

- USE FIREFOX

Oracle Payables -
2.
Step by Step
functional in 11i -
Calendar PART 4
======== Reporting
Options at a
Glance in Fusion
Jan‐‐Dec Financials

Oracle Fusion
Fiscal Year
Financial

Accounting Hub

Training - FAH

3. Oracle Fusion
Accounts Payable
Training
Currency Oracle Fusion
======= General Ledger
Training
Oracle Fusion
USD
Financials -
GBP
Overview of
Rupees
Fusion

Applications and

Fusion
4.
Terminologies

Accounting Method Open Interfaces
in APPS EBS - Best
Practices
Automatic
creation of
Journal in
Flexfield Secondary Ledger
in Fusion

Application
1.Define Key information specific to that module‐‐‐‐‐‐‐
Mass Allocations -
‐‐‐‐Key Flexfield
Fusion Financials
2.Enter additional information specific to the organiza
Part1
tion‐‐‐‐Descriptive Flexfield
Mass Allocations -
Fusion Financials
Key F/f Part2
A Whitepaper on
How-To Create
1.Mandatory
Custom HCM
2.Optional
Extract in Fusion

Applications

Creating

In General Ledger module secondary Ledger
in Oracle Fusion
2 Key Flexfields Financials Cloud-
Demo
1.Accounting Flexfield Forms
2.GL Ledger Flexfield Customization
Steps in Oracle
Applications
ACCOUNTING FLEXFIELD IS USED TO DEFINE THE CHART OF ACC
Introduction to
OUNTS/ACCOUNTING STRUCTURE
Oracle Fusion

Application and
Step 1
Comparison to
=======
R12

Oracle Fusion
Define‐‐‐‐ Chart of Accounts/Accounting Flexfield/Accou Financial
nting Structure Overview
======================================================= Fusion
================= Accounting Hub
Overview

Legal Entities in
a) (N)‐‐‐Setup> Financials> Flexfields> Key > Segments
Oracle Fusion

Financials

Query Mode: F11 Calendars in
Oracle Fusion
To execute: Ctrl+F11 Financials
Chart of Accounts
b) Segments Summarydefine the names of the segments in Oracle Fusion
Financials
Fusion General

Ledger
c) Define the Value Set
integration with

Essbase

Reports in Oracle

Right justify and zero‐filled numbers Fusion Financials
Short Hand Alias

in Fusion

Size‐3 Financials Key

Flex៯�eld
Oracle Fusion
1
Financials GL

intercompany
001
balancing lines
10
Legal Entity in

010 Fusion
Applications
Intercompany
Balancing
Segment in
Yellow‐‐‐‐mandatory Oracle Fusion
White‐‐‐‐‐Optional General Ledger

Implement
d) Select the value set for each of the segments
Currencies in

Fusion Financials

General Ledger

Implement
e) Choose the Flexfield Qualifiers Calendars in
Fusion Financials
2 mandatory Flexfield Qualifiers General Ledger
Create Asset
Liability Revenue
& Owners Equity
Balancing segment Accounts in
Fusion Financials
Natural segment
GL Account Types

in Fusion

Financials
f)
Design GL
Accounting
Flex៯�eld in Fusion
Cross Validate segments FInancials
Allow Dynamic inserts Accounting Hub
Creating Value
Freeze Flexfield def Sets for GL
Accounting
Flex៯�eld in Fusion
Compile
Financials

Fusion Financials

Implementation

Step 1 - Create

o៛�ering and
project tasks
2. Define the calendar Fusion Apps -

Create a
SYSADMIN
(N) Setup> Financials> Calendars> Types equivalent user of
(N) Setup> Financials> Calendars> Accounting R12

Fusion

Applications -
3. Enable Currency
Overview

Running user role
(N) Setup> Currencies> Define synchronization
processes in
Fusion Apps
Oracle Fusion
4. HCM - Some cool
features
Entering Values
Security Pro៯�les

in Fusion HCM

Some cool
(N) Setup>Financials> Flexfields> Key> Values
features in Fusion
HCM
Roles in Fusion
Applications

ARTICLES

Apps2Fusion
Articles

GET EMAIL
UPDATES


Enter your email address...

Subscribe

Powered by Google
FeedBurner

Account No.

SET UPS
=========

SETUP THE LEDGER

Payables
Purchasing
Inventory

Defining Items either in Inventory or in Purchasing Mod
ule

Items:

Inventory Item.........Production.....Purchasing module
& Payables Module
Expense Item..........................Purchasing module
a& Payables module
Capital item‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐Fixed Asset

P2P Cycle
(Procure to Pay Cycle)
=======================

Demand > Requisition > Request for Quotation (RFQ) > Qu
otation > Quote Analysis > Send Purchase Order > Recei
ving > Enter Purchase Invoice > Payment to the Invoice
>

Invoice NO‐‐100...............100000
Received 95....................95000
Record.......................‐5000

Short receipt‐5
Part reversal ‐for 5 units‐‐‐Debit note or a credit not
e

Going for inspection at the time of receipt 5 items do
n't meet quality standards

Invoice‐100
Received95

Meet the Quality‐‐‐90

Account for 90 units only

=======================================================
=======================================================
=======================================

MATCHING
========

2 WAY MATCHING
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
Matching the Invoice with the Purchase Order

1. Matching Inv Rate with PO Rate
2. Matching Inv Qty with PO Qty

3 WAY MATCHING
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐
Matching the Invoice with both PO and Receipt

3. Matching Inv Qty with Receipt Qty

PO‐‐‐100
Invoice‐‐95

Received‐90

4 WAY MATCHING
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

MAtching with Invoice, Receipt and Acceptance Report

3. Matching Inv Qty with Receipt Qty
4. MAtching Inv Qty with Accepted Qty

PO‐100
Inv‐95
Recd‐90
Accepted‐85

=======================================================
==========

PAYABLES SET UPS

1. Defining the Financial Options

(N) : Setup > Options > Financials

2. Defining the Supplier Options

3. Payables Option

* Accounting Options

At the time of payment‐‐

Dr......AP/Invoice AP Accrual

Cr.....Cash Clearing a/c

At the time of Clearing‐‐‐‐

Dr ...Cash clearing a/c

Cr.....Cash a/c

4. Defining Payment Terms

(N): Setup> Invoice> Payment Terms

3 Types of Payment Terms:

* Fixed

*Day's Basis

* Proxima Term

DAYS' BASIS

2/10 Net30

3/15 Net 45

Immediate
Net 15
Net 30
Net 45

PROXIMA TERM

Cut off Day‐‐1st day of the cycle

Credit card bills:

Date on which the bill is generated

Cycle: 10th of the month to 9th of the following month

Due date‐‐‐20th of the month

10/8/2010..........10/7/2010 to 9/8/2010.....23/8/2010
10/9/2010..........10/8/2010 to 9/9/2010......23/9/2010
10/10/2010.........10/9/2010 to 9/10/2010....23/10/2010

=======================================================
===============================

4. Distribution Sets

Full Type
Skeleton Type

Full type: same code combination, same percentage/ prop
ortion of invoice amount
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Raw Mat Inv1(75/20/5)

Raw material cost............75%

Taxes........................20%
Freight......................5%

Entered Invoice‐1001.....Inv value 1000
0........................Raw Mat Inv

Defining:
Distribution:

Raw MAt cost........7500
Taxes...............2000
Freight..............500

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Rent Invoice

Rent Distn set:

01.100.5100..........10%

01.120.5100..........25%

01.150.5100..........30%

01.200.5100..........20%

01.300.5100..........15%

Actually Entering:

Enter a Rent Invoice‐‐‐‐‐‐100000..............Rent Invo
ice Distn Set

Distribution :

01.100.5100..........10,000

01.120.5100..........25,000

01.150.5100..........30,000

01.200.5100..........20,000

01.300.5100..........15,000

Skeleton Type
‐‐‐‐‐‐‐‐‐‐‐‐‐

same code combination, but proportion not known

Rent Invoice ‐Skeleton

Rent Distn set:

01.100.5100

01.120.5100

01.150.5100

01.200.5100

01.300.5100

=======================================================
===============================

Defining Suppliers

(N): Suppliers > Entry

Suppliers‐‐‐‐‐‐‐‐Company

Multple


MULTI ORG AND MOAC
==================

1. Define the following responsibilities:

***SA HRMS

***SA Inventory

Assign the Resps to the User

2. Define the Profile Options for

*** SA HRMS

HR: Security Profile......................SA Business G
roup

HR: Business Group........................SA Business G
roup

HR: User Type..............................HR User

***SA Inventory

MO: Security Profile....................SA Business Gro
up

HR: Security Profile....................SA Business Gro
up

HR: Business Group......................SA Business Gro
up

3.

DEfine the Multi Org Structure

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Business Group.................SA Business Grou
p.........already defined........from the HRMS resp ear
lier

Legal Entity...................SA Legal Entit
y............already defined.........while defining led
ger

Ledger.........................SA Primary Ledge
r..........already defined

Operating Unit.................Define one more Operatin
g Unit....we added one more Operating Unit...Accounting
Setup Manager

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Inventory Organization..........SA Inventory Organizati
on

Switch Resp: SA Inventory

(N):Inv : Setup> Organizations> Organizations

4.

MOAC‐‐Multi Organization Access Control

Step 1

Define Hierarchy:

(N):SA HRMS: Work Structures>Organization > Hierarchy

Name
Version
Save and close

Query

Choose the subordinates

Step 2:

We define the MOAC Security Profile

(N): SA HRMS: SEcurity> Profile

Step 3:

Run the Security List Maintenance Report

(N) : SA HRMS: Processes & Reports> Submit Processes &
Reports


Step 4:

Define the Payables Responsibility

step 5:

Assign the Resp to the user

Step 6:

Choose the Profile Options for your Payables Resp

Sys Administrator :

MO: Security Profile.............> SA MOAC

HR: Security Profile.............> SA Business Group

HR: Business Group..............> SA Business Group

=======================================================
=======================================================
==========================================

PAYABLES SETUPS
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
1. OPTIONS

a)FINANCIALS OPTIONS

(N): Setup > Options> Financials

b)Payables System Setuo

c) Payables Option

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

2140 Inventory AP Accrual Yes Yes Liabili
ty
3150 Purchase Price Variance Yes Yes Expense
3160 Invoice Price Variance Yes Yes Expense

1415 Deferred COGs Yes Yes Assets

5101 Cost of Goods Sold Yes Yes Expens
e

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐

2. Defining Payment terms

(N): Setup> Invoice> Payment Terms

3. Defining Distribution Sets

(N): SEtup> Invoice> Distribution Sets


4. Entering Suppliers

(N) : Suppliers > Entry

=======================================================
=======================================================
=================

Open the 1st period:

(N): Accounting > Control Payables Periods

=======================================================
=======================================================
======

TRANSACTIONS:

(N): Invoices > Entry> Invoices

i) Entering Invoices with manual distributions

Items

Taxes

Other charges

Freight

ii) Entering Invoices with Distribution Sets


‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Types of Invoices:

Standard‐‐‐normal Trade Invoices which can be entered w
ithout matching

Credit Memo‐ is a negative invoice that we receive from
our Suppliers

Debit Memo‐ is a negative invoice that we send to the s
upplier

Prepayment‐‐‐Pay an advance to the supplier which can b
e adjusted against future Invoices

=======================================================
=====================================================

DEfining Recurring Invoices:

Step 1: Define a Special Calendar


(N): Setup > Calendar > Special Calendar

Step 2: Open all the periods in your Payables Calendar

(N) : Accounting > Control Payables Periods

Step 3 : Define the REcurring Invoice

(N): Invoices> Entry> Recurring Invoices

Step 4 : Query all the Invoices from the Invoice Workbe
nch

(N): Invoices> Entry > Invoices

Step 5 : Follow the processses


ENTERING VALUES

Realized Gains ‐‐‐‐‐‐7830.........Expenses

REalized Losses‐‐‐‐‐7840..........Expense

Tax ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐2520..........Liab

Cross Currency Rounding 7826.....Exp

Miscellaneous.........5512........Exp\

Material..............1200

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

PAYABLES CONTD:

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

ENTERING invoices

1. Entering Invoices with Manual Distribution

*Enter Invoice Header

*Enter the Lines

*Enter the Distn

*Save

* Validation

*Accounting

2.Entering Invoices with Distribution Sets

a) Full Type

b) Skeleton

3.Debit Memo/Credit Memo

4. Recurring Invoice‐‐complete the process after queryi
ng in the resp periods/months

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

5. EXPENSE REPORT

a) Create an Employee

HRMS: People > Enter and Maintain

b) Define an Expense Report Template

Payables: Setup > Invoice > Expense Report Template

c) Run the Expense Report Export Program

d) Query the Expense Report , Complete the steps for th
e Invoice

=======================================================
=====================================================

RECEIVABLES

============

ORDER TO CASH CYCLE

Order Management

Receivables

Cash Managemnet

General Ledger

* Entering Invoices‐‐‐Automatically generated based on
Sales Orders in Order Management Module

* Enter details of Customers

*Receipts and Remittances

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Receipts‐‐Instruments / Modes of payment in seetlement
of the Invoices

Remittance‐‐‐sending to the Bank for clearance and cred
it

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Order to Cash Cycle:

(Order Management) Entering Sales Order.....> Book Sale
s Order ...> Picking & Staging ....> Shipping...> Run t
he Workflow Background Engine...>

(Receivables) Entering Transactions...> REceipts....> R
emittances...> Clearing of Transactions > Reconciliatio
n...> Transfer to GL

Qty
Rate
Dates
Ship‐to details

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

1. DEfining the Receivables REsponsibility

2. Assign to the User

3. Choose the Profile Options for Receivables

MO: Security Profile

HR: Security Profile

HR: Business Group

4. Switch Responsibility

5. Login to REceivables Resp

6. Systems Options

Setup> System> System Options

7.Payment Term

Will always apply to the customers

(N): Setup> Transactions> Payment Terms

Invoice
‐‐‐‐‐‐‐‐

Line 1

Line 2

Line 3

Line 4
:
:
:

‐‐‐‐‐‐‐‐‐‐

Lines Total...........10000

Misc Chgs...............2000

‐‐‐‐‐‐‐‐‐‐‐

Subtotal..............12000

Freight.................500

Subtotal.................12500

Tax.....................1250

‐‐‐‐‐‐‐‐‐‐‐‐‐
Invoice Total

Lines Total + Tax=‐‐‐10000+10%‐‐‐11000

Discount amt‐‐‐on 11000‐‐‐

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

CUSTOMER PROFILE CLASS
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

* volume of business

* Credit profile

* Payment Term

Excellent

Good

Average

Group 1‐‐‐‐45 days paymt term

Group 2‐‐‐‐30 days

Group 3‐‐‐‐15 days

Group 4‐‐‐‐Immediate

(N) : Customers > Profile Classes

Step 1 : DEfine the Payment Term

Step 2: Statement Cycles

Step 3: Auto Cash Rule Set

Setup > Receipts > Autocash Rule Sets

Autocash rule sets are a set of rules which specifies t
he order in which the amounts received can be applied t
o overdue invoices..

Customer‐‐1..............Payment term 30 days

Inv 101....dt 1‐08‐10.....................25000.......‐
(20000.)......5000..0

Inv 302....dt 20‐8‐10.....................3000
0.........(30000)......0

Inv 567....dt 15‐9‐10....................10000
0.....................0

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐

Inv 734...dt 2‐10‐10....................5000
0....................0

Inv 800...dt...15‐10‐10....................1000
0...............0

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐
Credit Balance
......................................................
(5000)


1Receipt...20000
2 Receipt...30000
3 REceipt ...170000
Rule 1‐‐Match with Invoice

Rule 2‐‐Oldest Invoice First

Open Balance= Invoice Amount‐Discount‐Amount Received+
Finance Charges

Please enter these values

Miscellaneous Revenue................4150..........Reve
nue

Receivables Factoring/Remittance......1245.........Asse
ts

Unapplied Cash .......................1240.........Asse
ts

Unbilled Receivables..................1232.........Asse
ts

Tax payable............................2520.........Lia
bilities

Freight ...............................7220.........Exp
enses

Bank Charges............................7870........Exp
enses

Autoaccounting Clearing.................1222........Ass
ets

Unearned Revenue........................2550........Lia
blities

=======================================================
============================================

PAYABLES

=========

PAYMENT ADMINISTRATOR SET UPS

=============================

1. Define a Payment Format

N: Setup > Payment> Payment Administrator> Payment Form
at

2. DEfine the Payment Method

N: Setup > Payment> Payment Administrator> Payment Meth
od

3. Define the Payment DEfaulting Rules

4. DEfine Payment Process Profiles

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐

DEFINING BANKS
===============

Step 1: Defining Banks

Payables: Setup > Payment > Banks and Bank Branches

Step 2 : DEfining Bank Branches

Step 3: Give Access to the Bank Account ‐‐Legal Entity
==================================================

USER MANAGEMENT RESPONSIBILITY USING THE SYSADMIN LOGIN

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐

1. Login to User Management REsp

2.Choose Roles and Role Inheritance

3.Create a Role
===============

Code
NAme
Name of Application
Date

Save
Apply

4. SEarch for you role

5.Run Security Wizard

6. Choose the Legal Entity

7. Grant Access to you Legal Entity
====================================

8. Apply

9.Assign to the User

Step 4: DEfine the Bank Accounts

N: Setup > Payment > Bank Accounts

Owner Access‐‐‐‐Legal Entity

Organization Access‐‐‐Name of your OU

=======================================================
=============

SETUPS RELATED TO PAYMENTS IN PAYABLES MODULE

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

1. Define Payment Documents

Setup > Payment > Bank Accounts

=======================================================
=======================================================
==========

ENTER PAYMENTS
===============

1. N: Payments> Entry> Payments

=======================================================
=================================

RECEIVABLES SET UPS

====================

1. Enter Customers

N :Customers> Customers

DEfine Customers
.......Account

.......Site DEtails

Save and add details to update Account information

click Apply to update Customer Information

2. Defining the Transaction Types

N: Setup> Transactions>Types

‐Invoices
‐DEbit Memo

‐Credit Memo

‐Chargeback

Old Invoice‐no.101 dt 15‐08‐10 for 50000

Amt recd on 28‐10‐10 ‐‐‐40000
Closing the old invoice

==================================

Chargeback to this invoice...

Invoice No,205 dt 28‐10‐10 for 10000 ‐‐‐2/10 Net 30

Apply Chargeback to an OPen Invoice

COMMITMENT‐‐‐‐

‐‐‐Deposit‐‐‐‐‐yOU rec advance
‐‐‐Guarantee‐‐receive a legal doc

=================================================

WHILE DEFINING TRANSACTION TYPES START WITH THE CREDIT
MEMO

==========================================


3. Defining the Memo Lines

N: Setup>Transactions > Memo Lines

4. DEfining Auto CAsh Rule Set

5. DEfining Application Rule Sets

N: Setup > Receipts > Application Rule Sets

Invoice‐21
‐‐‐‐‐‐‐

Line 1...............................1000

Line 2...............................7000

Line 3...............................8000

Line 4..............................4000

Total ...............................20000

Other Charges..........................3000

Freight.................................1000

Tax......................................1000

G Total..................................25000


Received ‐‐‐‐‐22000

Auto Cash Rule SEt...............applied while choosing
the Invoice

App Rule Set......................applied at the time o
f partial receipt of amount and applied against compone
nts of the Invoices

6.Defining Receipt Classes

N: Setup > Receipts > Receipt Classes

DEfine REceipt classes
Define REceipt Methods

Link to Bank A/c

Enter the Code combinations

7. DEfining Receivable Activities

‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
‐‐‐‐‐‐‐‐‐‐

BEFORE ENTERING TRANSACTIONS OPEN THE RECEIVABLES PERIO
DS

N: Control > Accounting > Open/Close Periods


8. ENTERING TRANSACTIONS

N: Transactions > Transactions

9. Enter Receipts

N : Receipts > Receipts


1.
N) Setup>Financials>Accounting Setup Manager>Accounting
Setups

1. Define Legal Entity
2. Primary Ledger
3.Secondary Ledger
4.Accounting Options
5. Operating units
6. Sequencing

Material‐SEcondary Ledger

Balancing Segment Value:

4 Legal Entities:

LE1‐‐‐‐‐‐‐01‐04

LE2‐‐‐‐‐‐‐10‐20

LE3‐‐‐‐‐‐30‐40

LE4‐‐‐‐‐50‐60

Balancing segment Values
=====================================

Switch responsibility> Global HRMS

(N): Workstructures> Organization> Description

=======================================================
=======================================================
=========

2.Define GL REsponsibility
3. Assign to User
4.. Choose Profile Options

5. Open the 1st period

(N): Setup > Open/ Close

=======================================================
====================

TRANSACTIONS

1. Entering Journals:

(N) : Journals>Enter

=========================================

Finding Journals

Journals>Enter> (B) Find

===============================================

Posting

Journals>Post

Journals> Enter >(B) Post

======================================

Inquiry of Balances

(N): Inquiry> Account

=======================================

Roll up Groups:

1st Step: Define Parent and Child Values

Example:
Assets: Total Assets> Fixed Assets,Current Assets > REc
ei

2nd Step: DEfine the Roll up Groups

Setup> Financials>Flexfields> Key> Groups

3rd Step:

Linking the Parent values with the Groups

ROLL UP GROUPS ARE USED TO CREATE THE SUMMARY ACCOUNTS
====================================================

SUMMARY ACCOUNTS:

These are used to inquire the balances of parent values
online.

1st step:

(N): Setup > Accounts> Summary

2nd step: Make entries

3rd step: Inquiry> Account

=======================================================
======

ACCOUNT ALIASES

Short names for Account Code Combinations

01.000.1110‐‐‐‐‐> Cash 1‐‐‐‐Cash of Company 1

01.350.4110‐‐‐‐‐‐> Sales 1‐Sales of company 1

Step 1:

(N): Setup> Financials> Flexfields> Key> Aliases

Enter the names and the details

Step 2: Recompile

Setup> Financials>Flexfields> Key> Segments

Step 3:

Entering Journals with Aliases

=======================================================
==============

FOREIGN CURRENCY JOURNAL

Defining Foreign Currencies:

Corporate

Daily

Spot

User

ANON
 Prev Next 
MORE ARTICLES FROM THIS AUTHOR
Install Oracle Database and App Server on Linux VM
Oracle Discoverer Overview

Financials Notes

Transféré par

Informations du document

Copyright

Formats disponibles

Partager ce document

Partager ou intégrer le document

Options de partage

Avez-vous trouvé ce document utile ?

Ce contenu est-il inapproprié ?

Droits d'auteur :

Formats disponibles

Financials Notes

Transféré par

Droits d'auteur :

Formats disponibles

6/9/2017 Financials Notes

Like 0 f Share Tweet Share 0 Share 2

ry Read Full Testimon

Links and Add

Oracle EBS R12

Account‐‐‐> Natural Account segment R12 - Create

Cost Center - Event Class -

Short Hand Alias

Size‐3 Financials Key

2. Define the calendar Fusion Apps -

Vous aimerez peut-être aussi