SL.

No Description Detailed Description

Business Group ABC Limited
Business Group E-Apps Business Group
Ledgers ABC India Primary Ledger
Ledgers E-Apps India Primary Ledgers
Legal Entity1 ABC Infrastructure Private Ltd
Regd: Blr LE
(BSV-01)
Legal Entity1 E-Apps Software Solution Pvt Ltd Address
Regd: Blr LE 286/48, 3rd Floor,
(BSV-01) Indira Towers, 11th Cross
Wilson Garden, Bangalore -560027
Opposite Hotel Mayflowers
080-41203765
training@eappsmantra.com
Operating Units ABC INFRA SOUTH
Bangalore, Chennai, Hyd, Cochin
(Location COA segments
Operating Units E-APPS SOFTWARE SOUTH
Bangalore, Chennai, Cochin
(Location COA segments
Inventory Org ABC South India Inv Org
Inventory Org E-Apps South India Inv Org
Business Group 1
Ledger 1
Legal Entity 2
Operating Unit 2
Inv Org 3
Multi-Org Structure
HQ:Bangalore
HQ:Bangalore
Legal Entity2 ABC Power & Energy Pvy Ltd 286/48, 3rd Floor,
Regd: Mumbai LE Indira Towers, 11th Cross
(BSV-02) Wilson Garden, Bangalore -560027
Opposite Hotel Mayflowers
Legal Entity1 E-Apps Consulting India Pvt Ltd Address 080-41203765
Regd: Mumbai LE 286/48, 3rd Floor, training@eappsmantra.com
(BSV-02) Indira Towers, 11th Cross
Wilson Garden, Mumbai
ABC POWER NORTH
Delhi, Mumbai, Pune, Gurgoan
(Location COA segments
Operating UnitsE-APPS SOFTWARE NORTH
Delhi, Mumbai, Pune
(Location COA segments
ABC Delhi Inv Org Delhi, Gurgoan
ABC Pune Inv Org Pune, Mumbai
Inventory Org E-Apps Delphi India Inv Org
Inventory Org E-Apps Pune India Inv Org
Multi-Org Structure
286/48, 3rd Floor,
Indira Towers, 11th Cross
Wilson Garden, Mumbai
Opposite Hotel Mayflowers
training@eappsmantra.com
Delhi, Gurgoan
Pune, Mumbai
S.No Type Desc Module
1 Enable the Currency
Enable the HQ Currency. Make sure the
requried Currency is enabled at the right
corner of the window System Administrator
2 Define Location Define the Required Add Details HRMS
3 Define BU Define the HQ BG HRMS
4 Ledgers - Define COA Query the Accounting Flexfield GL
Name the Structure GL
Define Segments GL
Define Value Sets GL
Associate Value Sets to Segments GL
Assign Flexfield Qualifier GL
Enable Allow Dynamic Insert GL
Freeze the Flexfield Structure GL
Compile the Structure GL
5 Ledger - COA Values Define COA values for Each Segments GL
6 Ledger - Calendar Type Define Calendar Type GL
7 Ledger - Calendar Periods Define Accounting Periods GL
8 Ledger - Calendar validation Concurrent Program Validates the Calendar GL
9 Define Legal Entity Define the Legal Entity GL
10 Define Ledgers Define the Ledger GL
11 Define accounting Ledger Options, rEporting Currencies
12 Define Operating Units Define the Required Operating Units
13
Complete the Ledger Options and Accounting
Options Complete the Ledger Options
14 Define GL and AP Responsibility Define GL and AP responsibility System Administrator
15 Update the Profile Options Update the Profile Options at Resp level System Administrator
16 Assign Resp to Users Define New Users and Assign the Resp System Administrator
17 Define GL Data Access Set Define the Data Access Set for the Ledger General Ledger
18 Define Inventory Organization
19 Define Inventory Info and Receiving Infm
20 Run Replicate Seed Concurrent Pgm System Administrator
Gene
User Management
Application Object Library
UMX
Standard
Application Object Library
User Management : Top Level Menu
Navigation Remarks
Application ->Currency
Query the Required Currency and Select the Enable
Check box
Workstructure ->Locations Define all the address from the Org Structure
Workstructure ->Org->
Description ABC BG
Setup->Financials->Flexfield-
>Key ->Segments From the Menu Bar - Select View > Find
Name the Structure ABC_Accunting_Flex
Click on Segment Button
Company, Location, LOB, Acct, Intercompany, Future
Use1, Future Use2
Click on Value Set Button Define Value set for Each Segments
Call the Value set in the Segment
Screen
Select the Appropriate Value set for Corresponding
Segments
Click on Flexfield Qualifier
Analysis which segments should be assign to each
Qualifiers
Click on the Check Box - Allow
dynamic Insert
Click on the Check Box - Freeze
Structure
Click on Compile Button
Setup>Financials>Flexfield>Key>
Values
Define values for Each Segments sperately. Configure
Parent and Child relationship if required
Setup>Financials>calendar>Type
s Define Fiscal or Calendar Year
Setup>Financials>Calendar>Perio
ds Define the Break Up of the Calendar
Review the Output File of the Prgoram
Setup>Financials>Acct Setup
Mgr> Acct Set ups Click on the Legal Entity Button
Setup>Financials>Acct Setup
Mgr> Acct Setups Define the Ledger Name and Call the 4 C's
Security>Responsibility>Define
Profile>System HR: Business Group
HR: Security Prfoile GL
GL: Ledger Name GL
MO: Operating Units AP
Sequential Numbering GK
GL: Access Set
Security>User>Define
Setup>Financials>Data Access Set
SREENIVASAN.KN
Status
Module SL.No Particulars Pass/Fail
General Ledger 1 Calendar Pass
General Ledger 2 Currency Pass
General Ledger 3 Charts of Accounts Pass
General Ledger 4 Create Segments Pass
General Ledger 5 Each segment attached to the Value set Pass
General Ledger 6 Each Value set need to attached the segments Pass
General Ledger 7 Freeze & compile Pass
General Ledger 8 Creating Acccounting Setup Manager Pass
System Administrator 9 Create Responsibility in System Admin Pass
System Administrator10 Each responsibility need to attached the User Pass
General Ledger 11 Open First accounting Period in GL Pass
General Ledger 12 Define Journal Source Pass
General Ledger 13 Define Journal Categories Pass
General Ledger 14 Define Auto Posting Pass
General Ledger 15 Define Auto Reversal Pass
General Ledger 16 Define Security Profile Pass
General Ledger 17 Define Cross Validation Rules Pass
General Ledger 18 Define Ledger Set access Pass
General Ledger 19 Define Data Access set Pass
General Ledger 20 Define Standard Journals
General Ledger 21 Define skeleton journals
General Ledger 22 Define Formula Journal
General Ledger 23 Create Journal Approval- need to Tick mark in accounting setup mangaer Pass
General Ledger 24 Create Budget
General Ledger 25 Create FSG Reporting
General Ledger 26 Creatre Transalation, Revaluation & Consolidation
System Administrator27 Enable the Currency Pass
HRMS 28 Define Location Pass
HRMS 29 Define Business Group Pass
General Ledger 30 Ledgers - Define COA Pass
General Ledger 31 Ledger - COA Values Pass
General Ledger 32 Ledger - Calendar Type Pass
General Ledger 33 Ledger - Calendar Periods Pass
General Ledger 34 Ledger - Calendar validation Pass
General Ledger 35 Define Legal Entity Pass
General Ledger 36 Define Ledgers Pass
General Ledger 37 Define accounting Pass
General Ledger 38 Define Operating Units Pass
General Ledger 39 Complete the Ledger Options and Accounting Options Pass
General Ledger 40 Define GL and AP Responsibility Pass
System Administrator41 Update the Profile Options Pass
System Administrator42 Assign Resp to Users Pass
General Ledger 43 Define GL Data Access Set Pass
Inventory 44 Define Inventory Organization Pass
Inventory 45 Define Inventory Info and Receiving Infm Pass
System Administrator46 Run Replicate Seed Pass
material 5320
Oracle Finance Functional Module
Retention Invoices
Is there a way that an Invoice can post to two different A/R accounts?
The situation I am looking at is a manufacturer who also engages in long-term construction contracts to install their fabricated product. Generally these contracts are standard commercial construction contracts subject to a 10% retention.
Basically the net due on an invoice subject to retention is 90% of the invoice (revenue) amount, the remaining 10% needs to be tracked so that it can later be billed and collected after the job is complete.
Formerly this was a 99% construction business doing only fabrication for their own jobs, but the amount of fabrication they are doing as a resale business is expanding so rapidly that the most logical view of the business is manufacturing, with construction side almost treated like a customer, but keeping two set of books for this would be a pain. I would be great if xTuple could be flexed a bit to manage this one specific accounting task.
Remarks
The situation I am looking at is a manufacturer who also engages in long-term construction contracts to install their fabricated product. Generally these contracts are standard commercial construction contracts subject to a 10% retention.
Basically the net due on an invoice subject to retention is 90% of the invoice (revenue) amount, the remaining 10% needs to be tracked so that it can later be billed and collected after the job is complete.
Formerly this was a 99% construction business doing only fabrication for their own jobs, but the amount of fabrication they are doing as a resale business is expanding so rapidly that the most logical view of the business is manufacturing, with construction side almost treated like a customer, but keeping two set of books for this would be a pain. I would be great if xTuple could be flexed a bit to manage this one specific accounting task.
Formerly this was a 99% construction business doing only fabrication for their own jobs, but the amount of fabrication they are doing as a resale business is expanding so rapidly that the most logical view of the business is manufacturing, with construction side almost treated like a customer, but keeping two set of books for this would be a pain. I would be great if xTuple could be flexed a bit to manage this one specific accounting task.
Formerly this was a 99% construction business doing only fabrication for their own jobs, but the amount of fabrication they are doing as a resale business is expanding so rapidly that the most logical view of the business is manufacturing, with construction side almost treated like a customer, but keeping two set of books for this would be a pain. I would be great if xTuple could be flexed a bit to manage this one specific accounting task.
SL.No Description Detailed Description
Business Group ABC Limited
Business Group E-Apps Business Group
Ledgers ABC India Primary Ledger
Ledgers E-Apps India Primary Ledgers
Legal Entity1 ABC Infrastructure Private Ltd Legal Entity2
Regd: Blr LE
(BSV-01)
Legal Entity1 E-Apps Software Solution Pvt Ltd Address Legal Entity1
Regd: Blr LE 286/48, 3rd Floor,
(BSV-01) Indira Towers, 11th Cross
Wilson Garden, Bangalore -560027
Opposite Hotel Mayflowers
080-41203765
training@eappsmantra.com
Operating Units ABC INFRA SOUTH
Bangalore, Chennai, Hyd, Cochin
(Location COA segments
Operating Units E-APPS SOFTWARE SOUTH Operating Units
Bangalore, Chennai, Cochin
(Location COA segments
Inventory Org ABC South India Inv Org
Inventory Org E-Apps South India Inv Org Inventory Org
Inventory Org
Business Group 1
Ledger 1
Legal Entity 2
Operating Unit 2
Inv Org 3
Structure
E-Apps_Accounting Flexfield Mphasis_Cal Calendar
SL.No Segement Value Set
1 Company E-Apps_Company Total Of Company 0
E-Apps Software Solution Pvt Ltd 1
E-Apps Consulting India Pvt Ltd 2
Default 3
2 Department E-Apps_Department Total Of All Department 0
Training 1
Research and Development 2
Adminstration 3
Marketing 4
Finance 5
Default 6
3 Accounts E-Apps_Accounts
Multi-Org Structure
4 Location E-Apps_Locations Default 0
Bangalore 1
Chennai 2
Cochin 3
Delhi 4
Mumbai 5
Pune 6
5 Business Lines E-Apps_Business Lines Default 0
Apps 1
ITO 2
BPO 3
6 Future E-Apps_Future Default 0
HQ:Bangalore Done
HQ:Bangalore
ABC Power & Energy Pvy Ltd 286/48, 3rd Floor, 286/48, 3rd Floor,
Regd: Mumbai LE Indira Towers, 11th Cross Indira Towers, 11th Cross
(BSV-02) Wilson Garden, Bangalore -560027 Wilson Garden, Mumbai
Opposite Hotel Mayflowers
E-Apps Consulting India Pvt Ltd Address 080-41203765
Regd: Mumbai LE 286/48, 3rd Floor, training@eappsmantra.com
(BSV-02) Indira Towers, 11th Cross
Wilson Garden, Mumbai
ABC POWER NORTH
Delhi, Mumbai, Pune, Gurgoan
(Location COA segments
E-APPS SOFTWARE NORTH
Delhi, Mumbai, Pune
(Location COA segments
ABC Delhi Inv Org Delhi, Gurgoan
ABC Pune Inv Org Pune, Mumbai
E-Apps Delphi India Inv Org
E-Apps Pune India Inv Org
Multi-Org Structure
286/48, 3rd Floor,
Indira Towers, 11th Cross
Wilson Garden, Mumbai
Value Translated Value Description Qualifiers
1000 1000 Equity Ownership/Stockholder's Equity
1001 1001 Issued, Subscribed and Paid up capital Ownership/Stockholder's Equity
1100 1100 Reserves and surplus Ownership/Stockholder's Equity
1101 1101 Share Premium-Cash Ownership/Stockholder's Equity
1102 1102 Share Premium-Non cash Ownership/Stockholder's Equity
1103 1103 General Reserve Ownership/Stockholder's Equity
1104 1104 Capital Reserve Ownership/Stockholder's Equity
1105 1105 Profit and loss balance Ownership/Stockholder's Equity
1106 1106 Retained Earning Ownership/Stockholder's Equity
1200 1200 Trade and other payables Liability
1201 1201 Sundry Creditors-Trade Liability
1202 1202 Sundry Creditors-Capital Liability
1203 1203 Sundry Creditors-Inter company Liability
1204 1204 Sundry Creditors-Others Liability
1300 1300 Other current Liabilities-Employee payables Liability
1301 1301 Salary Payable-India Liability
1302 1302 Salary Payable-Overseas Liability
1303 1303 Sales Incenitve payable Liability
1304 1304 Other Incentives payable Liability
1305 1305 Leave Travel Allowance (LTA) payable Liability
1306 1306 Leave Encashment payable Liability
1307 1307 Final settlement payable Liability
1308 1308 Other Employee payables Liability
1309 1309 PF Payable- Employer Contribution to PF Liability
1310 1310 PF Payable -Employees Contribution to PF Liability
1311 1311 ESI Payable-Employer Contribution Liability
1312 1312 ESI Payable-Employee Contribution Liability
1313 1313 Professional Tax Payable Liability
1314 1314 TDS Payable - India Liability
1315 1315 TDS Payable - Overseas Liability
1316 1316 Suspense Account Liability
1400 1400 Property, Plant and Equipments Asset
1401 1401 Cost-Owned-Freehold Land Asset
1402 1402 Cost-Owned-Buildings Asset
1403 1403 Capital advances Asset
1404 1404 Capital work in progress Asset
1405 1405 Asset clearing Asset
1500 1500 Trade receivables and Unbilled revenue Asset
1501 1501 Sundry Debtors Asset
1502 1502 Sundry Debtor-Inter company Asset
1503 1503 Provision for doubtful debts Asset
1504 1504 Unapplied receipts Asset
1505 1505 Unbilled Revenue Asset
1600 1600 Other Current Assets-Employee receivables Asset
1601 1601 Employee-Salary advance Asset
1602 1602 Employee -House Rent advance Asset
1603 1603 Employee-Travel advance Asset
1604 1604 Employee-Other advances Asset
1605 1605 Employee-Car loan Asset
1606 1606 Employee-Final settlement recovery Asset
1607 1607 Employee-Misc recovery Asset
1608 1608 Employee-Forex advance control a/c Asset
1609 1609 Employee-Credit card recovery Asset
1700 1700 Revenues Revenue
1701 1701 Revenue-Direct-India Revenue
1702 1702 Revenue-Direct-outside India Revenue
1703 1703 Discounts allowed Revenue
1704 1704 Revenues-Inter company Revenue
1800 1800 Auditors remuneration Expense
1801 1801 Audit fees-Statutory Audit Expense
1802 1802 Audit fees-Internal Audit Expense
1803 1803 Audit fees-Tax Audit Expense
1804 1804 Audit fees-Others Expense
1900 1900 Miscellaneous Expenses Expense
1901 1901 Freight / Import / Export Expenses Expense
1902 1902 Credit Card Annual Fee-Corporate Card Expense
1903 1903 Brokerage Expense
1904 1904 Cash Discount for Customers Expense
1905 1905 Sales Promotion & Advertisement Expense
1906 1906 Community Initiatives Expense
1907 1907 Miscellaneous Expenses-Others Expense
1908 1908 Rounding Differences Expense
Special calendar for AP
Purpose of this calendar used for due date
Eg: 01-jan to 31 jan all the invoices need to pay based on this calendar. This is mandatory as per the company requirement.
Period NameYear Seq From Date To Date Due Date System Name
Dec 2012 12 1-Dec-12 31-Dec-12 10-Oct-13 12-Dec
Nov 2012 11 1-Nov-12 30-Nov-12 10-Dec-12 12-Nov
Oct 2012 10 1-Oct-12 31-Oct-12 10-Nov-12 12-Oct
Sep 2012 9 1-Sep-12 30-Sep-12 10-Oct-12 12-Sep
AUg 2012 8 1-Aug-12 31-Aug-12 10-Sep-12 12-Aug
Jul 2012 7 1-Jul-12 31-Jul-12 10-Aug-12 12-Jul
Jun 2012 6 1-Jun-12 30-Jun-12 10-Jul-12 12-Jun
May 2012 5 1-May-12 31-May-12 10-Jun-12 12-May
Apr 2012 4 1-Apr-12 30-Apr-12 10-Oct-12 12-Apr
Mar 2012 3 1-Mar-12 31-Mar-12 10-Apr-12 12-Mar
Feb 2012 2 1-Feb-12 29-Feb-12 10-Mar-12 12-Feb
Jan 2012 1 1-Jan-12 31-Jan-12 10-Feb-12 12-Jan
Eg: 01-jan to 31 jan all the invoices need to pay based on this calendar. This is mandatory as per the company requirement.
Fixed Date Payment terms
Immediate payment Terms
Special calendar payment terms
Discount Payment Terms
Fixed Days
2/10 1/20 Net 30 E-Apps
Invoice due in 30 days, 2% off if paid in 10 days, and 1% off if paid 20days
2% discount deducted if paid within 10 days, the remainder paid 30 days from invoice terms date. (Invoice terms date = system date, goods received date, invoice date or invoice received date).
Invoice due in 30 days, 2% off if paid in 10 days, and 1% off if paid 20days
2% discount deducted if paid within 10 days, the remainder paid 30 days from invoice terms date. (Invoice terms date = system date, goods received date, invoice date or invoice received date).
Net 15th Following Month (Proxima term)
Paid on the 15 day of the following month.This is an
example of 'Proxima' terms.The cutoff day is 10,
invoices rec'd before the 10th are due on the 15th of
the next month, if rec'd after the 10th they are
scheduled for the following month.
2% discount deducted if paid within 10 days, the remainder paid 30 days from invoice terms date. (Invoice terms date = system date, goods received date, invoice date or invoice received date).
On prox pay
terms, if
someone gets 2
invoices from
the vendor, first
one dated sept
1st and the
second one
dated Sept 30,
does that mean
that both of
them are due on
Oct 10, on a
prox 10th term?
"
A: "There is
often a cut-off
date with prox
terms that
signals the move
to the following
month, such as
the 26th of the
month. So if
terms are net
10th prox, any
invoiced dated
on the cutoff of
the 26th or after
would be due by
the 10th of the
following month,
i.e. an invoice
dated
September 30th
would not be
due the 10th of
October but the
10th of
November.
Check the
contract
agreement to
see if a cutoff
date is specified.
Lacking that, we
would
recommend
talking with your
vendor to ensure
you are in
agreement on
the meaning of
the terms.
The question is
what was agreed
to? And if it is
not clear,
clarification is
necessary with
your vendor. But
prox terms,
unlike standard
30 day or 45 day
terms, set a
fixed monthly
due date, not a
rolling period."
material 5320 40012
outside processing 5370 40013
5270 40011
5270 40011
5370 40013
5370 40013
5370 40013