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r12 Financials RCD PDF
r12 Financials RCD PDF
Release 12
Financial Applications
Last Updated:
11 December 2006
Version:
30
Table of Contents
1.
Disclaimer
2.
Introduction
2.1.
Purpose of Document
3.
4.
4.1.
Multi-Org Access
4.1.1. Overview
4.1.2. Features
4.1.2.1.
Multi-Org Access Control
4.1.2.2.
Multi-Org Security Profile Preferences
4.1.2.3.
Enhanced Multi-Org Reporting
4.1.2.4.
Multi-Org Integration with Accounting Setup Manager
6
6
6
6
7
7
4.2.
4.3.
4.4.
4.2.1. Overview
4.2.2. Features
4.2.2.1.
Bank Account Model
4.2.2.2.
Multi-Org Access Control
4.2.2.3.
Subledger Accounting
4.2.2.4.
Bank Account Balances and Interest Calculation
4.2.2.5.
Bank Account Transfers
4.2.2.6.
Cash Pooling
4.2.2.7.
Bank Statement Accounting
4.2.2.8.
Bank Account Signing Authorities
4.2.2.9.
Cash Positioning Intra-day Activities
8
8
8
8
8
9
9
9
10
11
11
12
4.3.1. Overview
4.3.2. Features
4.3.2.1.
Accounting Setup
4.3.2.2.
Improved Processing Efficiency
4.3.2.3.
Data Security
4.3.2.4.
Auditability
4.3.2.5.
Others
4.3.3. Terminology
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12
12
13
14
15
16
17
19
4.4.1. Overview
4.4.2. Features
4.4.2.1.
Journal Entry Setups
4.4.2.2.
Date Effective Application Accounting Definitions
4.4.2.3.
Multiple Accounting Representations
4.4.2.4.
Summarization Options
4.4.2.5.
Draft Accounting
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20
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ii
4.4.2.6.
Online Accounting
4.4.2.7.
Replacement for Disabled Accounts
4.4.2.8.
Process Category Accounting
4.4.2.9.
Straight Through Accounting Processing
4.4.2.10.
On-line inquiries
4.4.2.11.
Journal Entry Sequencing
4.4.2.12.
Third Party Merge Accounting
4.4.2.13.
Manual Journal Entries
4.4.2.14.
Third Party Control Accounts
4.4.2.15.
Transaction Account Builder
4.4.2.16.
Multi-period Accounting
4.4.2.17.
Accrual Reversal Accounting
4.4.2.18.
Business Flows
4.4.2.19.
Accounted and Gain/Loss Amount Calculations
4.4.2.20.
Application Accounting Definitions Loader
4.4.2.21.
Errors Accounting and Reporting
4.4.2.22.
Standard Reports
4.4.2.23.
Enhanced Reporting Currency Functionality
4.4.2.24.
Diagnostics Framework
4.4.3. Oracle Subledger Accounting Enhances the Functionality of the Global Accounting Engine
4.4.4. Terminology
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29
4.5.1. Overview
4.5.2. Features
4.5.2.1.
Oracle Legal Entity Configurator
4.5.2.2.
Legal Authorities and Jurisdiction
4.5.2.3.
Legal Date Tracking and Auditing
4.5.3. Terminology
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29
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32
4.6.1. Overview
4.6.2. Features
4.6.2.1.
Intercompany Balancing
4.6.2.2.
Intercompany Invoicing
4.6.2.3.
Intercompany Reconciliation
4.6.2.4.
Manual Intercompany Transactions
4.6.3. Terminology
32
32
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34
4.7.1. Overview
4.7.2. Features
4.7.2.1.
Configuration Options and Provider Service Subscriptions
4.7.2.2.
Events and Configuration Owner Options
4.7.2.3.
Tax Configuration Manager
4.7.2.4.
Tax Determination Services
4.7.2.5.
Centralized Tax Record Repository for Audit and Reporting
4.7.2.6.
Tax Reporting
4.7.2.7.
Tax Simulator
4.7.2.8.
Guided Configuration
4.7.2.9.
Additional Enhancements
4.7.3. Terminology
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5.
40
5.1.
40
5.1.1. Overview
5.1.2. Features
5.1.2.1.
Multi-Org Access Control
5.1.2.2.
Uptake of Cross-Operating Unit Initiative
5.1.2.3.
Consolidation of Collections Functionality into Advanced Collections
40
40
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40
4.5.
4.6.
4.7.
iii
5.1.2.4.
5.1.2.5.
5.1.2.6.
5.1.2.7.
5.1.2.8.
5.1.2.9.
5.1.2.10.
5.1.2.11.
5.1.2.12.
5.1.2.13.
5.1.2.14.
5.1.2.15.
5.1.2.16.
5.2.
5.3.
5.4.
5.5.
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Oracle Assets
46
5.2.1. Overview
5.2.2. Features
5.2.2.1.
Subledger Accounting
5.2.2.2.
Enhanced Mass Additions Interface for Legacy Conversions
5.2.2.3.
Automatic Preparation of Mass Additions
5.2.2.4.
Enhanced functionality for Energy Industry
5.2.2.5.
Flexible Reporting using XML Publisher
5.2.2.6.
Automatic Depreciation Rollback
5.2.2.7.
Enhanced Logging for Asset Transactions and Programs
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5.3.1. Overview
5.3.2. Features
5.3.2.1.
Balance Forward Bill Presentment
5.3.2.2.
Enhanced Template Assignment
5.3.2.3.
Attachment Printing
5.3.2.4.
Legal Entity
5.3.2.5.
Multi-Org Access Control
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5.4.1. Overview
5.4.2. Features
5.4.2.1.
Common Components for Leasing and Loan Applications
5.4.2.2.
Enhancements to User-Defined Data in Credit Case Folders
5.4.2.3.
Multi-Period Financial Data Comparison
5.4.2.4.
Credit Scoring Model Enhancements
5.4.2.5.
Credit Recommendation Enhancements
5.4.2.6.
Credit Decision Appeals Processing
5.4.2.7.
Dynamic Credit Analyst Assignments
5.4.2.8.
Automatic Assessments of Guarantors
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5.5.1. Overview
5.5.2. Features
5.5.2.1.
Oracle Release 12.0 Schema
5.5.2.2.
Enhanced Oracle General Ledger Integration
5.5.2.3.
Shared, Reformatted Ledger Data
5.5.2.4.
Oracle Workflow Integration
5.5.2.5.
Integration with Concurrent Manager
5.5.2.6.
Oracle Warehouse Builder Integration with Interface Tables
5.5.2.7.
Oracle Warehouse Builder Replaces Balance & Control
5.5.2.8.
New User Interfaces
5.5.2.9.
Security and System Administration
5.5.2.10.
User Defined Signage Methodologies
5.5.2.11.
Configurable Home Page
5.5.2.12.
Tuning Options Administration User Interface
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iv
5.6.
5.7.
5.8.
5.9.
5.5.2.13.
Rule Migration, Import and Export
5.5.2.14.
Multi-Dimensional Data Model
5.5.2.15.
Dimension Member Attributes
5.5.2.16.
Data Set Registration and Creation
5.5.2.17.
Dataset Groups
5.5.2.18.
Business Rule Definition and Management
5.5.2.19.
Conditions
5.5.2.20.
Data Inspector
5.5.2.21.
Auditing and Data Integrity
5.5.2.22.
Production Datasets
5.5.2.23.
Process Locking
5.5.2.24.
Rule Auditing
5.5.2.25.
Effective Dating & Versioning
5.5.2.26.
Seeded Reports
5.5.2.27.
Integration with Web ADI
5.5.2.28.
Functional Dimension Definition
5.5.2.29.
Loader Rules
5.5.2.30.
Client Data Table Loader Replacement Mode
5.5.2.31.
Fact Table Dimension Member Error Report
5.5.3. Terminology
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5.6.1. Overview
5.6.2. Features
5.6.2.1.
Usability Enhancements
5.6.2.2.
Scalability Enhancements
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68
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5.7.1. Overview
5.7.2. Features
5.7.2.1.
Enterprise View
5.7.2.2.
Unity of Statutory and Management Results
5.7.2.3.
Consolidation Versatility
5.7.2.4.
Entire Consolidation Cycle Monitored
5.7.2.5.
Automated Workflow and Exception Handling
5.7.2.6.
Dynamic Ownership Structures
5.7.2.7.
Analytical Reporting Capabilities
5.7.2.8.
Audit Entries from Every Stage of Consolidation
5.7.2.9.
Accessibility of Complete Consolidation History
5.7.2.10.
Best Practices Automated
5.7.2.11.
Complex Calculations and Eliminations Handled
5.7.2.12.
Global Consolidation Requirements Managed
5.7.2.13.
Internal Controls Manager Integration
5.7.2.14.
Excel Add-in and Oracle General Ledger Drilldown
5.7.2.15.
Concurrent Programs for Reporting
5.7.2.16.
Line Item Intercompany Maps
5.7.3. Terminology
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5.8.1. Overview
5.8.2. Features
5.8.2.1.
Korean Withholding Tax
5.8.2.2.
Taiwan Transaction Numbering
5.8.2.3.
Asia Pacific Reports
5.8.2.4.
Multi-Org Access Control
5.8.2.5.
Legal Entity Architecture
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5.9.1. Overview
5.9.2. Features
5.9.2.1.
EMEA VAT Reporting
76
76
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5.9.2.2.
5.10.
5.11.
5.12.
5.13.
5.14.
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77
5.10.1. Overview
5.10.2. Features
5.10.2.1.
CENVAT Rules 2004 Changes
5.10.2.2.
Tax Deducted at Source (TDS) Thresholds
5.10.2.3.
Value Added Tax (VAT)
5.10.2.4.
DFF Elimination
5.10.2.5.
Multi-Org Access Control
5.10.2.6.
AP Invoice Lines
5.10.2.7.
Subledger Accounting
5.10.2.8.
OPM Inventory Convergence
5.10.3. Terminology
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5.11.1. Overview
5.11.2. Features
5.11.2.1.
General Ledger Inflation Adjustments
5.11.2.2.
Receivables Latin Tax Engine
5.11.2.3.
Latin America Extended Withholding
5.11.2.4.
Brazil Receivables Bank Transfer
5.11.2.5.
Latin America Reports
5.11.2.6.
Multi-Org Access Control
5.11.2.7.
Legal Entity Configurator
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5.12.1. Overview
5.12.2. Features
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5.13.1. Overview
5.13.2. Features
5.13.2.1.
External Auditor Ready Reporting
5.13.2.2.
Export Search Results to Excel
5.13.2.3.
DBI for Compliance
5.13.2.4.
Segregation Of Duties: Concurrent programs in Constraint Definition
5.13.2.5.
Segregation Of Duties: Constraints with incompatible sets
5.13.2.6.
Segregation Of Duties: Re-validating constraints after corrective actions
5.13.2.7.
Segregation Of Duties: Complaint Provisioning of User Accounts
5.13.2.8.
Upload Recommended Settings
5.13.2.9.
Application Controls Change History Reports
5.13.2.10. Application Control Overrides in Suppliers and Supplier Sites
5.13.2.11. Profile Option Change Tracking
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5.14.1. Overview
5.14.2. Features
5.14.2.1.
Expense Allocations
5.14.2.2.
Global Per Diem and Mileage
5.14.2.3.
Cash Advances Management
5.14.2.4.
Bar Coding
5.14.2.5.
Manager Approvals
5.14.2.6.
Audit Management
5.14.2.7.
Audit Automation
5.14.2.8.
Receipts Management
5.14.2.9.
Entertainment and Fringe Benefits Policy Compliance
5.14.2.10. Credit Cards
5.14.2.11. Expense Report-Level Descriptive Flexfields
5.14.2.12. Attachments
5.14.2.13. Expense Analysis and Reporting
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5.14.2.14.
5.14.2.15.
5.14.2.16.
5.14.2.17.
5.14.2.18.
5.14.2.19.
5.15.
5.16.
5.17.
5.18.
Ad Hoc Reporting
Terms and Agreements
Region-Based Confirmation Page Messages
Help Desk Support
Contact Us
Expense Report Export
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Oracle iReceivables
95
5.15.1. Overview
5.15.2. Features
5.15.2.1.
Oracle Trading Community Architecture
5.15.2.2.
Oracle Payments
5.15.2.3.
Multi-Org Access Control
5.15.2.4.
Enhanced User Self Registration
5.15.2.5.
Cross Customer Site Payments
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Oracle Loans
97
5.16.1. Overview
5.16.2. Features
5.16.2.1.
Loan Type and Product Configuration
5.16.2.2.
Multiple Disbursements
5.16.2.3.
Loan Portfolios, Graphs & Online Reporting
5.16.2.4.
Sophisticated Credit Decisioning
5.16.2.5.
Federal Budgetary Control
5.16.2.6.
Floating Rate and Weekly Payment Frequency
5.16.2.7.
Enhanced Payment Plans with Rules
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Oracle Payables
99
5.17.1. Overview
5.17.2. Features
5.17.2.1.
Legal Entity
5.17.2.2.
Multi-Org Access Control
5.17.2.3.
Representation of Suppliers in the Trading Community Architecture (TCA)
5.17.2.4.
New User Interface for Supplier Entry and Maintenance
5.17.2.5.
Introduction of Invoice Lines
5.17.2.6.
Invoice Processing for Contract Financing, Retainage, and Progress Terms
5.17.2.7.
Enhanced Invoice Approval Includes Line Level Approval
5.17.2.8.
Non PO Invoices Entered via iSupplier Portal
5.17.2.9.
Collaboration with Suppliers to Resolve Disputes
5.17.2.10. Oracle E-Business Disbursement Requests
5.17.2.11. Enhancements to Payment Banks, Branches, and Accounts
5.17.2.12. Payment Process Enhancements
5.17.2.13. Accounts Receivable / Accounts Payable Netting
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Oracle Payments
104
5.18.1. Features
5.18.1.1.
Advanced and Highly Configurable Formatting Framework
5.18.1.2.
Flexible Validation Model
5.18.1.3.
Secure Payment Data Repository
5.18.1.4.
Improved Electronic Transmission Capability
5.18.1.5.
Flexible Support for Various Business Payment Models
5.18.2. Funds Disbursement Features
5.18.2.1.
Enhanced Disbursement Process
5.18.2.2.
Enhanced Electronic Payment Processing
5.18.2.3.
Configurability
5.18.2.4.
Payment Processing User Interface
5.18.2.5.
Enhanced Check Printing Process
5.18.2.6.
Migration of Global Features to Central Engine
5.18.2.7.
Consolidation of Payment Formats
5.18.2.8.
Improved Remittance Advice Reporting
5.18.3. Funds Capture Features
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vii
5.19.
5.20.
5.21.
5.22.
5.18.3.1.
Enhanced Configurability
5.18.3.2.
Improved Support for Credit Card Security Features
5.18.3.3.
Enhanced Payment Processing User Interface
5.18.3.4.
PINless Debit Card Transaction Support
5.18.3.5.
Improved Payer Notification of Settlement
5.18.3.6.
Direct Debit Enhancements
5.18.3.7.
Improved Batch Settlement Performance
5.18.4. Terminology
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5.20.1. Overview
5.20.2. Features
5.20.2.1.
Enhanced Position Default Rules
5.20.2.2.
Configurable Position Worksheet Function Security
5.20.2.3.
Posting Statistical Balance
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121
5.21.1. Overview
5.21.2. Features
5.21.2.1.
Centralized and Configurable Accounting
5.21.2.2.
Integrated Budgetary Control
5.21.2.3.
Flexible Reporting and Inquiry
121
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121
Oracle Receivables
122
5.22.1. Overview
5.22.2. Features
5.22.2.1.
Revenue Management Enhancements
5.22.2.2.
Line Level Cash Applications
5.22.2.3.
Funds Capture Enhancements Uptake
5.22.2.4.
Refunds Enhancements
5.22.2.5.
Credit Card Error Handling
5.22.2.6.
Credit Card Chargebacks
5.22.2.7.
Deduction Management
5.22.2.8.
Balance Forward Billing
5.22.2.9.
Late Charges
5.22.2.10. Customer Standard User Interface Redesign
5.22.2.11. Multi-Org Access Control
5.22.2.12. E-Business Tax
5.22.2.13. Legal Entities
5.22.2.14. Subledger Accounting
5.22.2.15. Receivables Reconciliation Enhancements
5.22.2.16. Additional Bills Receivable Reference Field
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5.22.2.17.
5.22.2.18.
5.22.2.19.
5.22.2.20.
5.22.2.21.
5.23.
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5.23.1. Overview
5.23.1.1.
Enhanced Multi-Currency Support
5.23.1.2.
Single Assumption/Processing Dimension (Product Leaf)
5.23.1.3.
Node Level Assumptions
5.23.1.4.
Conditional Assumptions
5.23.1.5.
Enhanced Ledger Migration Dimensionality
5.23.1.6.
Cash Flow Edits Administration
5.23.1.7.
Interest Rate Administration
5.23.1.8.
Seeded Reports
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Oracle Treasury
131
5.24.1. Overview
5.24.2. Features
5.24.2.1.
Cash Pooling Across Legal Entities
5.24.2.2.
Foreign Exchange Hedge Effectiveness and Accounting Under IAS 39 and FAS 133
5.24.2.3.
Automatic Bond Rate Resetting
5.24.2.4.
Bank Account Update Program
5.24.2.5.
Inter-Account Transfer Enhancements
5.24.2.6.
Bank Account Model
5.24.2.7.
Bank Account Balances
5.24.3. Terminology
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132
132
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134
5.25.1. Overview
5.25.2. Features
5.25.2.1.
Centralized and Configurable Accounting
5.25.2.2.
Integrated Budgetary Control
5.25.2.3.
Flexible Reporting and Inquiry
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134
6.
135
6.1.
135
6.1.1. Overview
6.1.2. Features
6.1.2.1.
Financial Statement Certification Dashboard
6.1.2.2.
Open Remedial Action Summary
6.1.2.3.
Significant Account Evaluation Result
6.1.2.4.
Significant Account Evaluation Summary
6.1.2.5.
Organization Certification Result
6.1.2.6.
Organization Certification Summary
6.1.2.7.
Process Certification Result
6.1.2.8.
Process Certification Summary
6.1.2.9.
List Reports
6.1.2.10.
Compliance Environment Change
6.1.2.11.
View Significant Account Details
6.1.2.12.
Manage Closing Performance Findings and Remediation
6.1.2.13.
Drill and Pivot the Report Layout
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6.2.1. Overview
6.2.2. Features
6.2.2.1.
Receivables and Collections Management
6.2.2.2.
Profit and Loss Analysis
6.2.2.3.
Expense Analysis
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140
5.24.
5.25.
6.2.
ix
6.2.2.4.
6.2.2.5.
6.2.2.6.
6.2.2.7.
6.2.2.8.
6.2.2.9.
6.3.
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Financials Intelligence
144
6.3.1.
144
Overview
7.
145
7.1.
145
7.1.1. Overview
7.1.2. Features
7.1.2.1.
Tax Geography Hierarchy Setup UIs
7.1.2.2.
Multi-Org Access Control (MOAC)
7.1.2.3.
Tax and Geography Validation
7.1.2.4.
Data Quality Management Enhancements
7.1.2.5.
Customer Data Librarian Enhancements
7.1.2.6.
Integration Services
7.1.2.7.
TCA Bulk Import Enhancements
7.1.2.8.
New Workflow Synchronization
145
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148
7.2.1. Overview
7.2.2. Features
7.2.2.1.
Multi-Org Access Control (MOAC)
148
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Customers Online
149
7.3.1. Overview
7.3.2. Features
7.3.2.1.
Multi-Org Access Control (MOAC)
149
149
149
7.2.
7.3.
1.
Disclaimer
This Release Content Document (RCD) describes product features that are
proposed for the specified release of the Oracle E-Business Suite. This document
describes new or changed functionality only. Existing functionality from prior
releases is not described. It is intended solely to help you assess the business
benefits of upgrading to Release 12.0 and planning for the implementation and
upgrade of the product features described.
This document in any form, software or printed matter, contains proprietary
information that is the exclusive property of Oracle. Your access to and use of
this confidential material is subject to the terms and conditions of your Oracle
Software License and Service Agreement, which has been executed and with
with you agree to comply. This document and information contained herein may
not be disclosed, copied, reproduced or distributed to anyone outside Oracle
without prior written consent of Oracle. This document is not part of your
license agreement nor can it be incorporated into any contractual agreement with
Oracle or its subsidiaries or affiliates.
This document is for informational purposes only and is intended solely to assist
you in planning for the implementation and upgrade of the product features
described. It is not a commitment to deliver any material, code, or functionality,
and should not be relied upon in making purchasing decisions. The
development, release, and timing of any features or functionality described in this
document remains at the sole discretion of Oracle.
Due to the nature of the product architecture, it may not be possible to safely
include all features described in this document without risking significant
destabilization of the code.
Page 1 of 11
2.
Introduction
2.1.
Purpose of Document
The Release Content Document (RCD), produced as part of Oracles
Applications Product Lifecycle (APL), communicates information about new or
changed functionality in the specified release of the Oracle E-Business Suite.
Existing functionality from prior point releases is not described. However,
content introduced by Family Packs, Mini-packs or Standalone patches since the
prior point release has been included in this document and denoted accordingly.
New features available with Oracle Financials Family Pack G or with any
product level Mini-packs that have been released since the release of Oracle EBusiness Suite 11i10 are included in this document and are denoted accordingly.
Page 2 of 12
3.
Page 3 of 13
Financial Management
Information Architecture Release 12
Centralized Accounting
Rules and Entries
Dr
Cr
Feeder
Systems
Planning &
Budgeting
Consolidation
Profitability
Analysis
Enterprise Performance
Foundation
Subledger
Accounting
Scorecard
1 Responsibility
Inventory
Receivables
Projects
1 Responsibility
Work in
Process
Purchasing
Payables
Assets
Were sure you will derive many benefits from the new architecture. The SLA
approach to subledger accounting brings an immediate improvement in subledger
to general ledger reconciliation, for example, before you take any steps to exploit
the features.
Accounting for subledger transactions at the event in a standard manner with a
single accounting engine allows us to provide multiple accounting
representations for a single event. A purchase can be simultaneously accounted
for an increment to inventory for your US GAAP or IAS/IFRS accounting, and
as a debit to the P&L for your national compliance accounting. The accounting
entity involved can maintain multiple ledgers, each complying with a different
set of accounting principles we call them accounting methods, and, of course,
the transactions and ledgers can be valued and denominated in different
currencies; indeed, you can now generate currency views of a ledger at the
subledger transaction, general ledger transaction, general ledger balance, or
consolidation workplace levels, whether you use IAS 21 or FAS 52 Translation
or Remeasurement conversion methods.
Combining ledgers into sets will be attractive not only in nations where you
might have many ledgers serving regulated registered companies, but also across
continental regions where locally managed statutory ledgers are echoed
automatically by centrally managed single currency corporate ledgers at the
parents management style or GAAP, whether that be IAS/IFRS, Japan, China, or
US GAAP.
Our new transaction tax engine is nexus driven; that is, it looks to the appropriate
transaction data to figure the authority and taxes involved. This allows a shared
service center to more easily process VAT and sales taxes accurately for its
clients, no matter what country they might be in. Equally, the new bank account
and disbursement models facilitate the payment of invoices and other payables
R12 Release Content Document, Rev. 30
Page 4 of 14
out of different operating units, from an appropriate bank account, and with the
appropriate intercompany handling.
Intercompany processing is dramatically revised by enhancements in both
Financials intercompany management and Supply Chain Managements
Enhanced Drop Shipments. Rather than a GL only system, Financials now links
into Receivables and Payables to generate matching and tied documents
(configurable though Bill Presentment) and a new reconciliation scheme.
Related SCM products, discussed in the SCM RCD, provide transfer pricing
modeling and enforcement, inventory consignment (at subsidiaries or otherwise),
and tracking of profit in inventory. All feed back to General ledger and the
Financial Consolidation Hub for elimination.
Underlying many of the improvements in transaction tax, intercompany, and
shared service capabilities is a reinforced legal entity model, more closely
aligned, we hope, with your actual legal structure.
Weve striven to keep your upgrade path straightforward. After upgrading to
Release 12, your installation should behave as it did on Release 11i. What was
in a Set of Books will be in a Ledger with its own Ledger Set. SLA will return
the same accounting as the earlier accounting engine did. Operating Units will
still stripe your transaction data. Youll see immediate benefits in subledger
accounting, XML publishing applied to reports, additional DBI portlets and
pages, and many other features like AR-AP netting, gross margin analytics in
AR, and so on.
You can then exploit the new features at your own pace. Start by assigning
several OUs to individual users, or by combining several ledgers into one ledger
set. Later explore revising accounting rules with the SLA engine, or tackling a
complex tax situation with the tax engine. Pretty soon, youll be thinking of
simplifying the processes, eliminating Sarbanes-Oxley or Eight Directive
problem areas, and shifting into top gear.
Page 5 of 15
4.
Multi-Org Access
4.1.1.
Overview
A Shared Services model of operations drives cost savings and increases
information quality. In an effort to focus business units on their core
competencies, increase efficiencies company-wide, and better manage and access
information, companies consolidate non-revenue generating, administrative tasks
in Shared Service Centers. Eliminating redundant processes, continuously
lowering the unit costs per transaction through self-service, automating
processes, and standardizing common business practices reduces costs. By
centralizing information through a Shared Service Center, a consolidated view of
essential decision-making information is available and accessible globally.
Standardization of common business practices also adds to the timeliness and
accuracy of data. With consistent business processes throughout the enterprise,
information can be gathered uniformly, with consistent quality.
Services can be shared at many different levels, and shared service centers can
exist for different reasons. For example, many Oracle customers have created
Shared Service Order desks, Shared Service Reporting Centers, Shared Service
General Ledger Centers, Shared Service Disbursement Centers, Shared Service
Inventory Management Centers, Shared Service Procurement Centers and so on.
Many of these centers may be combined as one center.
This chapter discusses release content facilitating sharing services in subledger
products. Various products exploit these features to provide powerful cross
organization processes, and exploit the intercompany features to supply the
mandatory and appropriate interorganization accounting.
4.1.2.
Features
4.1.2.1. Multi-Org Access Control
Multi-Org Access Control enables companies that have implemented a Shared
Services operating model to efficiently process business transactions by allowing
them to access, process, and report on data for an unlimited number of operating
units within a single applications responsibility. This increases the productivity
of Shared Service Centers, as users and processes no longer have to switch
applications responsibilities when processing transactions for multiple operating
units at a time. Data security and access privileges are still maintained using
security profiles that now support a list of operating units.
4.1.2.2. Multi-Org Security Profile Preferences
A Multi-Org Security Profile defines the list of operating units to which a user
has access. If a user typically uses a subset of the operating units in his security
Page 6 of 16
profile, he may set up Preferences to limit the operating units available to him
during transaction processing. The user can also set a default operating unit to
minimize manual data entry when an operating unit context is required.
4.1.2.3. Enhanced Multi-Org Reporting
Consistent with the Multi-Org Access Control feature, users are able to run
reports using two levels:
Ledger: The report runs for all operating units within a ledger to which the
user has access
Operating Unit: The report runs for a selected operating unit that belongs to
the users security profile
Page 7 of 17
4.2.
Overview
Oracle Cash Management is an enterprise-wide solution for managing liquidity
and controlling cash.
4.2.2.
Features
4.2.2.1. Bank Account Model
Shared Service approaches to disbursement and collections are enhanced by the
deployment of Oracle Cash Managements new Bank Account model.
Overall, the set up, maintenance, and control of all internal bank account
information is much easier and more reliable with this new feature. It provides a
single access point for defining and managing internal bank accounts for Oracle
Payables, Oracle Receivables, Oracle Payroll, Oracle Cash Management, and
Oracle Treasury. Bank account access for each application is explicit for internal
security and control purposes. Each account is associated with a Bank and Bank
Branch defined in Oracles common Trading Community Architecture (TCA).
A single Legal Entity is granted ownership of each internal bank account. One or
more Organizations are granted usage rights, which provides significant benefits
in key areas like reconciliation that previously required managing multiple
account records for these types of purposes. Additionally, reconciliation options
can now be defined at the bank account level, providing even more flexibility
and control of that process.
4.2.2.2. Multi-Org Access Control
Multi-Org Access Control enables companies that have implemented a Shared
Services operating model to efficiently process business transactions by allowing
them to access, process, and report on data for an unlimited number of operating
units within a single applications responsibility. This increases the productivity
of Shared Service Centers for users no longer have to switch applications
responsibilities when processing transactions for multiple operating units at a
time. Data security is still maintained using security profiles that are defined for
a list of operating units and determine the data access privileges for a user.
Support for Shared Services, and related Multi-Org Access Control features, is
available in Oracle Cash Management. This set of features greatly enhances
processing and reporting efficiency for Oracle Cash Management users. Please,
refer to the full feature descriptions in the Multi-Org Access section of this
document for more details.
4.2.2.3. Subledger Accounting
Oracle Subledger Accounting provides tools that allow users to meet External
Reporting (IAS.IFRs, US GAAP, etc.), corporate management, and national
fiscal accounting requirements. With a flexible tool called Accounting Methods
Builder, users can determine the accounts, lines, descriptions, summarization,
Page 8 of 18
and dates of their journal entries. Users can also add detailed transaction
information to journal headers and lines. Detailed subledger accounting journals
are available for analytics, auditing, and reporting. They are summarized,
transferred, imported and posted to Oracle General Ledger. For more details,
please see the Oracle Subledger Accounting section of this document.
Oracle Cash Management utilizes Oracle Subledger Accounting for setting up
accounting rules and for generating journal entries related to Cash Management
transactions.
4.2.2.4. Bank Account Balances and Interest Calculation
Many new bank account balance types are supported for all internal bank
accounts including ledger, available, value dated, 1-day float, 2-day float, and
projected balances. Users are able to track closing ledger and available balances
as well as month-to-date and year-to-date averages. Flexible reporting tools are
available to view all this centrally stored balance history for trend analysis as
well as to compare actual versus expected balances based on daily cash position
projections. Additionally, the system allows the user to verify interest amounts
charged or credited by their banks based on balance history and user-defined
interest rate schedules.
4.2.2.5. Bank Account Transfers
Bank Account Transfer functionality was previously supported only through
Oracle Treasury. Now, bank account transfers are supported directly in Oracle
Cash Management. This feature allows users to create these types of cash
transfers between internal bank accounts manually or automatically through
physical cash pools. The related cash flows are stored in Oracle Cash
Management for reporting purposes and are reflected in positioning. Payment
processing and accounting is managed via Oracle Payments and Oracle
Subledger Accounting.
4.2.2.6. Cash Pooling
Organizations frequently use cash pooling techniques to optimize funds by
consolidating bank balances from across multiple bank accounts. By
consolidating balances and minimizing idle funds, organizations may decrease
external borrowing costs and increase overall investment returns.
Oracle Cash Management supports common cash pooling techniques by allowing
users to group bank accounts into different types of pooling structures and by
managing the associated activity for either centralized or decentralized business
environments. This functionality was originally made available to Oracle
Treasury users in Oracle Financials Family Pack G and will now be supported
via Oracle Cash Management. The following types of cash pools are supported.
4.2.2.6.1. Self-Initiated Physical Cash Pools
Organizations may choose to monitor individual bank account balances
manually and then physically move cash to or from their accounts only as
needed based on their particular preferences or objectives.
Page 9 of 19
Oracle Cash Management allows users to define and manage these types of
bank account structures called Self-Initiated Physical Cash Pools. These
pool definitions include rules to automatically determine when bank account
transfers should be made and for what amounts. Users are able to review
transfer proposals from their Cash Positions based on daily activity as well as
target balances, minimum transfer amounts, and rounding rules. Users are
able to accept or overwrite system proposed transfers, and Oracle Cash
Management then generates all their bank account transfers automatically.
Note: Cash Pools spanning multiple legal entities often require tracking
internal loans and interest, or In House Banking. Related functionality is
available for Oracle Treasury users and is described in the Oracle Treasury
section of this document.
4.2.2.6.2. Bank-Initiated Physical Cash Pools, or Zero Balance Accounts
(ZBAs)
Organizations may choose to utilize a bank service that automatically sweeps
all end-of-day balances to or from main concentration accounts. Since this
type of physical cash pool arrangement typically leaves no cash in the sub
accounts overnight, it is often referred to as a Zero Balance Account or ZBA
relationship.
Oracle Cash Management allows users to define and manage these types of
bank account structures called Bank-Initiated Physical Cash Pools. Oracle
Cash Management automatically creates and reconciles all the related sweep
transactions based on reported prior-day bank statement activity.
Note: Cash Pools spanning multiple legal entities often require tracking
internal loans and interest, or In House Banking. Related functionality will
be available for Oracle Treasury users and is described in the Oracle
Treasury section of this document.
4.2.2.6.3. Notional Cash Pools
Organizations may choose to utilize notional cash pool arrangements offered
by banks that track not only individual account balances but also the net
balance across all accounts. This technique is common in some countries
and does not require physical cash transfers to be made between accounts for
concentration purposes.
Oracle Cash Management allows users to define and manage these types of
bank account structures called Notional Cash Pools. The consolidated
notional account balance is calculated, and users are able to manage the net
notional balance along with individual bank accounts in Oracle Cash
Management.
4.2.2.7. Bank Statement Accounting
This feature allows users to define mapping rules that can automatically create
and reconcile transactions in Oracle Cash Management based on reported priorday bank statement lines. Users are able to define flexible matching rules based
on bank accounts, transaction codes, and text search strings. This feature
significantly reduces reconciliation issues associated with repetitive first notice
items like bank fees or bank account interest. The transactions generated and
stored in Oracle Cash Management are available for reporting as well as for
R12 Release Content Document, Rev. 30
Page 10 of 20
Page 11 of 21
4.3.
Overview
Oracle General Ledger delivers extraordinary enhancements in this release so
you can maximize accounting process efficiencies across your enterprise while
still achieving a high level of information and setup security. Fundamental
improvements in Oracle General Ledger enable you to perform simultaneous
accounting for multiple reporting requirements and allow superusers to access
and process data for multiple ledgers and legal entities at the same time powering
ledger and reporting shared services. For those users who should have more
limited access, you can secure both information and setup definitions, like
MassAllocations and FSG reports, so they can only view, update, or execute
those processes to which they have access. You are able to achieve a high level
of efficiency and security, without having to sacrifice one for the other, with
these new enhancements in Oracle General Ledger.
4.3.2.
Features
4.3.2.1. Accounting Setup
4.3.2.1.1. Simultaneous Accounting for Multiple Reporting Requirements
Companies that are global in nature and that have operations in different
localities often have multiple reporting requirements. These companies and
their subsidiaries often need to satisfy the accounting and reporting
requirements for each country as well as those of the parent company. This
involves performing accounting in accordance with accounting principles
and standards of multiple countries and in different currencies, charts of
accounts, and/or calendars. The reporting requirements can also be statutory
in nature, and one subsidiary may even need to satisfy multiple sets of
statutory requirements. Oracle General Ledger simplifies the simultaneous
management of the accounting for all of these different reporting
requirements in this latest release. You are able to define your legal entities
and the setup needed to address each accounting and reporting requirement
using the Accounting Setup Manager. New enhancements and integration
with Subledger Accounting enable Oracle General Ledger to perform
accounting for all reporting requirements of a legal entity simultaneously.
4.3.2.1.2. Centralized Accounting Setup
The Accounting Setup Manager is a central location to define your
accounting-related setup across all financial applications. Here you can
define your legal entities and their accounting context, which includes the
ledgers* that contain the accounting data for each legal entity. If a legal
entity has multiple reporting requirements, you can include additional
reporting currencies or ledgers in the accounting context to satisfy the
additional requirements.
4.3.2.1.3. Enhanced Reporting Currency Functionality
Multiple Reporting Currencies functionality is enhanced to support all
journal sources. Reporting sets of books are now simply reporting
currencies. Every journal that is posted in the primary currency of a ledger
Page 12 of 22
Page 13 of 23
You are able to automatically copy an existing journal batch to create a new
journal batch with the same journals and journal lines. This reduces the
amount of work you need to do to re-create a journal that has already been
defined. During the copying process, you have the option to change the
period and effective date of the journal batch.
4.3.2.2.7. Streamline Automatic Posting
AutoPost Criteria can be shared across ledgers that have the same chart of
accounts and calendar. This dramatically reduces the number of AutoPost
Criteria sets you need to define. Furthermore, you can automatically post
journals across multiple ledgers simultaneously.
4.3.2.2.8. Streamline AutoReversal Criteria Setup
AutoReversal Criteria can be shared across ledgers. This dramatically
reduces the number of AutoReversal Criteria sets you need to define.
4.3.2.2.9. Streamline Consolidation Mappings
You are able to define Chart of Accounts Mappings (formerly known as
Consolidation Mappings) between two charts of accounts. Therefore, if you
have multiple Consolidation Definitions for parent and subsidiary ledgers
that share the same chart of accounts pair, and their mapping rules are the
same, you only have to define a single Chart of Accounts Mapping. This
significantly reduces the number of mappings you need to define if your
Consolidation Definitions involve the same pair of charts of accounts and the
mapping rules are the same.
4.3.2.2.10. Replacement for Disabled Accounts
When an account is disabled, you can prevent transactions that include the
account from erroring during journal import by defining a replacement
account for the disabled account. Journal import replaces the disabled
account with the replacement account and continue the journal import
process if the replacement account is valid. This improves processing
efficiency by preventing the journal import process from erroring and
enabling the successful creation of the journal with minimal user intervention
when an account has been disabled.
4.3.2.3. Data Security
4.3.2.3.1. Data Security across Legal Entities and Ledgers
In this release, since you can access multiple legal entities and ledgers when
you log into Oracle General Ledger using a single responsibility, Oracle
General Ledger provides you with flexible ways to secure your data by legal
entity, ledger, or even balancing segment values or management segment
values. You are able to control whether a user can only view data, or
whether they can also enter and modify data for a legal entity, ledger,
balancing segment value or management segment value.
4.3.2.3.2. Management Reporting Security
You can designate any segment (except the natural account segment) of your
chart of accounts to be your management segment and use Oracle General
Ledgers security model to secure the management segment for reporting and
entry of management adjustments.
R12 Release Content Document, Rev. 30
Page 14 of 24
4.3.2.4. Auditability
4.3.2.4.1. Accounting and Reporting Sequencing
Sequential numbering of accounting entries is a strong business requirement
in many countries in Europe, Asia Pacific and Latin America and is used by
fiscal authorities to check the completeness of a companys accounting
records. You can assign sequence numbers to journals during the posting
process to ensure that finalized journal entries are properly sequenced.
Separately, you can also assign a sequence number to journals when a period
is closed to sequence journals for reporting purposes.
Page 15 of 25
Ledger Sets
Data Access Sets
Page 16 of 26
4.3.3.
Terminology
Term
Ledger
Ldger sets
Set of books
R12 Release Content Document, Rev. 30
Definition
Term
Definition
ledger.
Page 18 of 28
4.4.
Overview
Oracle Subledger Accounting is a new product in this release.
Oracle Subledger Accounting enables corporations to comply with corporate,
local and managerial accounting and audit requirements via increased control,
visibility and efficiency.
Oracle Subledger Accounting increases control by storing a complete and
balanced journal entry for each subledger transaction and GL date. Detailed
drilldown and audit information is captured for each journal entry line. By
storing journal entries in a common data model, Oracle Subledger Accounting
constitutes a single source of truth for all accounting, reconciliation and
analytical reporting. As Oracle Subledger Accounting stores the articulated
balance sheet side of every entry and cross references it to the business
transactions evidentiary document, reconciliation from General Ledger through
Subledgers to the documents and from there to the business transactions is
greatly simplified.
Oracle Subledger Accounting facilitates exercising internal control and policy by
implementing accounting rules you define. The rules refer to system data from
many sources, and can be tailored very finely by document type and document
line.
Oracle Subledger Accounting streamlines the close by providing a common
posting engine, so that all subledger products and non-Oracle products can
transfer controlled and summarized data to the General Ledger using a standard
methodology and auditable, reviewable process.
Oracle Subledger Accounting improves efficiency by speeding period close,
simplifying business and regulatory changes and making acquisitions easier.
Oracle Subledger Accounting increases management visibility by supporting
multiple parallel accounting representations. Corporate accounting policies can
be defined and implemented globally; free from limitations imposed by local
fiscal reporting requirements. Oracle Subledger Accounting allows accounting
policies to be created once and deployed many times. Minimization of
maintenance and elimination of duplication makes accounting policies easier to
implement, maintain and hence, control. Subledger accounting enables business
users to control all aspects of journal entries including debits and credits;
accounting flexfields, descriptions and GL date
4.4.2.
Features
4.4.2.1. Journal Entry Setups
Oracle Subledger Accounting gives users control over the definition of their
journal entries.
Page 19 of 29
GL Dates
Entry Descriptions
Line Descriptions
Amounts (accounted and gain/loss)
Accounts: rules can be created for either the entire account combination or
for individual segments based upon constants or from transaction information
Journal Lines: side, summarization, type
Reconciliation References
Page 20 of 30
Page 21 of 31
Users can inquire upon all the accounting for a transaction either from the
transaction workbench or from a common inquiry form. In the case of
multiple accounting representations, they can compare the journals for each
representation side by side to see the differences
Users can inquire based upon subledger journal entry header information
such as the GL date, or the ledger
Users can inquire based upon subledger journal entry line information such
as the amount or account
Page 22 of 32
Page 23 of 33
When creating the accounting for a payment, the user can indicate that the
account used to book the invoice liability through the invoice transaction
should be relieved
When accounting for a Payables invoice matched to a receipt, the user can
indicate that the receipt accrual booked at the time of receipt be relieved and
that the description from the receipt be used
Page 24 of 34
Third Party Balances Report: This report provides balances and account
activity information for suppliers and customers for a period or period range
Open Account Balances Listing: This report gives users the ability to net
account activity across all the journals related to a document, and to reconcile
the outstanding amounts with the GL balances. This report replaces existing
product functionality such as the Payables Trial Balance
Page 25 of 35
4.4.3.
AX Rules
Subledger Setup
Dual Posting
Draft Accounting
Draft Accounting
On-Line Inquiries
On-Line Inquiries
AX Sequences
Customer Merge
Control Accounts
Page 26 of 36
The following table lists the Oracle Subledger Accounting reports that replace
the corresponding reports of the Global Accounting Engine. XML Publisher
templates are provided so that any user can comply with their fiscal or statutory
specific reporting requirements.
Global Accounting Engine
AX Daily Journal
AX Account Balances
4.4.4.
Terminology
Term
Definition
Application Accounting
Definition
Page 27 of 37
Term
Definition
Subledger
Page 28 of 38
4.5.
Overview
Legal compliance remains of paramount importance in todays global
marketplace. From an external viewpoint, all transactions are entered into by a
legal entity. Being able to easily manage transaction data by legal entity is key to
achieving such compliance. Oracle Legal Entity Configurator is a new addition
to Oracle E-Business Suite that enhances the ability to manage ones legal
corporate structure and track data from the legal perspective. The solution
provides the foundation for features that help daily operations comply with local
regulations. For example, strengthening the recognition of legal ownership
enables accurate intercompany documentation as well as sophisticated tax
calculations specific to local jurisdictions. The legal functions set for each legal
entity provide basic process controls that facilitate internal control management.
Tracking ones data from the legal perspective enables detailed reporting at legal
entity, establishment, and registration level.
The Oracle Legal Entity Configurator solution is built upon the principles of
completeness, flexibility, and convenience.
4.5.2.
The centralized data model supports legal information for internal legal
entities, legal authorities, and jurisdictions. It fulfills global requirements to
capture specific legal information that can differ by jurisdiction
To make legal compliance simple and convenient, the Oracle Legal Entity
Configurator provides a single place for setting up and maintaining legal
entities, legal functions, and supporting legal information
Features
4.5.2.1. Oracle Legal Entity Configurator
Oracle Legal Entity Configurator strengthens ones corporate legal structure in a
centralized solution. With an accurate representation of ones internal Legal
Entities, users are able to obtain a clear view of the organization and identify
transactions for legal compliance and reporting.
Oracle Legal Entity Configurator is the user interface that allows users to
conveniently setup and manage their legal structure, legal functions, and
supporting legal information in a single place.
Oracle Legal Entity Configurator is built to support global requirements for legal
entity information entry, supporting global requirements for registering legal
entities to several domains (e.g. income tax, commercial law) by geographic
region with the appropriate government/legal authorities, for the purpose of
claiming and ensuring legal and/or commercial rights and responsibilities.
Page 29 of 39
Country specific fields and names are used to make the user interface intuitive for
a user in any region. Companies are able to include additional country-specific
information that they want to record for each legal entity.
Management tools are also provided to keep track of the latest information
entered so the user can easily monitor the required registration status for both
legal entities and establishments.
4.5.2.2. Legal Authorities and Jurisdiction
The legal authorities and jurisdictions feature allows the creation and
maintenance of the supporting legal information in a central place.
Users are able to setup jurisdictions that legal entities and establishments will
register to, in order to achieve legal compliance. This feature provides consistent
fiscal and other government information for reporting and tax purposes.
To facilitate the setup, the most common jurisdictions are seeded. Users are able
to define additional jurisdictions and legal authorities, categorize them by
territories (at country, state, city levels) and legislative categories (e.g. income
tax, commercial law, transaction tax, etc). Users can also setup information at
jurisdiction level such as registration number format and legal functions to be
performed by legal entities, which default automatically during legal entities and
establishment registration processes.
4.5.2.3. Legal Date Tracking and Auditing
Legal date tracking and auditing captures changes to critical legal data. In many
countries a full history of the changes to legal data is mandatory.
The changes to the legal structure are usually required as a result of changes in
the companys business operations, moving to new location, or the introduction
of new legislation.
Auditing records the user who makes the change and reasons for the change.
Tracking allows the user to specify exact dates when a particular change will
become effective.
4.5.3.
Terminology
Term
Establishments
Legal Authority
Definition
Registration of a legal entity with provincial or state and
other authorities in addition to its central registration,
required in countries where legal registrations are needed
at certain local levels.
Government, legal body in charge of enforcing
legislation (laws), collecting fees/taxes, and making
financial appropriations within a given physical area, for
a type of law (legislative category). For example; the
Internal Revenue Service is the legal authority for income
tax Law in the U.S.
Page 30 of 40
Term
Jurisdiction
Legislative Category
Legal Function
Definition
Intersection of the physical territory (group of countries,
country, state, county, parish, etc.), and Legislative
category (labor law, transactions tax law, income tax
laws) within which legal authority may be exercised.
Set of laws of same category made by a government
legislative authority for regulating relationships inside a
community.
For exercising legislation, legal authority determines
functions that the registered entity will have to perform
(e.g. produce a yearly report). These functions vary per
type of laws and territory
Page 31 of 41
4.6.
Overview
Oracle Advanced Global Intercompany System (AGIS) streamlines the
intercompany trading and reconciliation process across Ledgers. Oracle AGIS
facilitates balanced intercompany transactions for the global enterprise because it
provides a forum for trading partners to exchange intercompany transactions in a
controlled manner.
Enhanced for this release, Oracle AGIS allows companies to comply not only
with local regulations, but also to follow established corporate standards for
processing intercompany transactions between related legal entities of an
enterprise. It also provides interactive reconciliation reporting which allows drilldown to the details of Intercompany Account Balances so the source of
discrepancies to the balances of each trading partners account balances can be
found quickly.
4.6.2.
Features
4.6.2.1. Intercompany Balancing
Intercompany and Intracompany Balancing features are updated in this release.
When a transaction with multiple balancing segment values is entered, the
Balancing Process automatically generates the correct intracompany or
intercompany accounting entries, depending on whether the balancing segments
are in the same legal entity or in different legal entities.
If the balancing segments values are in the same legal entity (intracompany
accounting) the automatic Balancing Process uses Cross-Entity Balancing Rules
to generate the balancing accounting entries. You can specify both the Debit
Balancing Segment Value and Credit Balancing Segment Value for the balancing
relationship; this new dimension allows you to define explicitly the accounts that
should be used when any pair of balancing segments values are balanced against
each other.
If the balancing segments values are in different legal entities (intercompany
accounting) the automatic Balancing Routine uses Intercompany Accounts setup
to create the balancing accounting lines. You can setup several intercompany
accounts for your intercompany activities, and select one as the default to be used
for automatic balancing.
4.6.2.2. Intercompany Invoicing
New in this release is the automatic creation of payables and receivables invoices
for intercompany transactions. Where local statutory compliance requires an
Intercompany-Organization to produce physical invoices for intercompany
transactions, this can be defined as part of the setup for the legal entity. Oracle
AGIS then synchronizes the automatic creation of payables and receivables
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4.6.3.
Terminology
Term
Definition
Intercompany
Transactions
Intracompany
Transactions
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4.7.
Overview
Oracle E-Business Tax is a new product in this release.
Oracle E-Business Tax provides the infrastructure for transaction tax knowledge
management and delivery using a global system architecture that is configurable
and scalable for adding country specific tax content. As the single point solution
for managing transaction-based tax, Oracle E-Business Tax uniformly delivers
tax services to all E-Business Suite business flows through one application
interface. Oracle E-Business Tax consists of a tax knowledge base, a variety of
tax services that respond to specific tax events, a set of repositories (for tax
content and tax recording) that allows customers to manage their local tax
compliance needs in a proactive manner, as well as the ability to integrate with
external tax content providers through a single integration point. In short, Oracle
E-Business Tax is the global and consistent compliance repository that
encapsulates fiscal and tax rules in a single point solution for tax events that is
easy to integrate, extend, and implement.
Oracle E-Business Suite products that are integrated for tax services with EBusiness Tax in this release include the following:
4.7.2.
Oracle Purchasing
Oracle Internet Procurement
Oracle Receivables
Consigned Inventory
Oracle Payables
Oracle Intercompany Invoicing
Oracle Order Management
Oracle Trade Management
Oracle Services Contracts
Oracle Order Capture/iStore/Quoting
Oracle Internet Expenses
Oracle Project Accounting
Oracle General Ledger
Features
4.7.2.1. Configuration Options and Provider Service Subscriptions
Users using a subscription model can share the tax setup. The owner of tax setup
data is defined as a Configuration Owner and can be an Operating Unit or a
Legal Entity. In addition, Oracle E-Business Tax supports the concept of a
Global Configuration Owner, an enterprise level configuration owner that can
hold data which is common and visible to all configuration owners.
A legal/business entity may want to own i.e., to retain the responsibility to create
and manage tax content using a new subscription model. This subscription
model also allows Legal/business entities to use, and override as necessary,
content that is managed and maintained by the Global Configuration Owner by
simply choosing the appropriate configuration option for each regime. Although
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transaction data is secured using the data security mechanism of the application
product that requests a tax service, the tax setup data that is used in servicing that
request is obtainable based on the configuration option chosen for each regime
that is applicable to a transaction.
In addition, a Configuration Owner may choose to subscribe to the services of a
Tax Calculation Service Provider for a given regime.
4.7.2.2. Events and Configuration Owner Options
Users have greater granularity in defining tax control options. A new Tax Events
model allows E-Business Suite applications to map their various documents and
actions across applications into corresponding tax event classes and tax event
types within Oracle E-Business Tax. These tax event classes are business
processes that would typically have the same treatment with respect to taxes. For
example, purchase orders and payables invoices are classified as a Purchase
transactions. A configuration owner can define control options for a tax event
class or at a lower level such as a particular application document. Control
options include:
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The results are an ordered list of applicable taxes and associated details such as
tax jurisdiction, tax, etc., which can be updated by the user.
The level of complexity of tax rules varies between different tax regimes.
Depending on the complexity of the tax rules in different regimes, tax rules may
or may not be defined for all of the above processes. If there is no complex rule
associated with any of the above processes, then the default values, as specified
during setup, are used during the Tax Determination process.
Additionally, the user has the ability during transaction entry to:
Drill down into an audit trail of information for each tax line, identifying the
tax rules that were used
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Generate a log file that shows the tax rules that were found to be
unsuccessful
A setup task list that lists the sequence of tasks that need to be completed; the
order in which it typically needs to be completed; whether a given step is
mandatory. Where applicable, it also provides the user with a link to
navigate to the UI where a given task can be completed.
An expert users rule entry process that enables users familiar with the
terminology and the process to quickly create tax rules.
4.7.3.
Terminology
Term
Definition
Deferred Tax
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Term
Fiscal Classification
Place of Supply
Provider
Subscriber
Tax Applicability
Tax Content
Tax Configuration
Manager
Tax Content Repository
Definition
Tax Determination
The process and data that includes the following subprocesses: tax applicability, tax status determination, tax
calculation, and tax lines determination.
Tax Determination
Services
Tax Event Class
Tax Line
Tax Regime
Term
Definition
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5.
Overview
Oracle Advanced Collections is designed for collection agents and managers;
receivables account managers, and revenue management personnel responsible
for resolving delinquencies and recovering outstanding debt from customers.
5.1.2.
Features
5.1.2.1. Multi-Org Access Control
Multi-Org Access Control enables companies that have implemented a Shared
Services operating model to efficiently process business transactions by allowing
them to access, process, and report on data for an unlimited number of operating
units within a single applications responsibility. This increases the productivity
of Shared Service Centers since users no longer have to switch applications
responsibilities when processing transactions within multiple operating units at
one time. Data security, which is maintained using security profiles that are
defined for a list of operating units, determines the data access privileges for a
user.
5.1.2.2. Uptake of Cross-Operating Unit Initiative
This allows users of Oracle Advanced Collections to view and manage their
customers across operating units. Collections activities such as strategies and
work items, dunning letters, and collections calls can incorporate transactional
and customer data from different operating units if needed.
5.1.2.3. Consolidation of Collections Functionality into Advanced
Collections
The Collections Workbench module in Oracle Receivables is obsolete and
replaced with like functionality in Oracle Advanced Collections. This includes
functionality relating to customer interactions and correspondence, transaction
processing, and dunning activities. Additional features in Oracle Advanced
Collections such as scoring, collections strategies, enhanced payment and
promise processing, automated promise tracking, and automated collector work
assignment are also be available. A migration white paper and migration scripts
will be provided to Oracle Receivables Workbench customers moving to Oracle
Advanced Collections.
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System defaults set to the recommended Customer operational data level for
optimal performance, efficiency, and a complete view of customer accounts,
overdue amounts, scoring and strategy execution, work assignment, and
correspondence. Deploying organizations can change default settings if their
current business rules require that they run Collections at account, bill-to or
transaction level. Collections agents can easily change data levels from the
main Collections screen at any time.
New preconfigured best practice elements for scoring engines and scoring
components, strategy templates and work item templates, collections
correspondence, and metrics formulas (mentioned previously). These
elements are also set at the default Customer level although additional
preconfigured elements are shipped for organizations that run their
collections business at Account, Bill to or Transaction level. Preconfigured
elements can be used during implementation testing or in live production
systems.
New All history for a comprehensive summary view of everything that has
happened with a particular customer. Like the current history types available
from the Collections History tab, the new All history type allows a
collector to roll-up every customer interaction, transaction, and
correspondence event to the Customer level or drill down to specific
Accounts, Bill-tos, or Transactions if desired.
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5.2.
Oracle Assets
5.2.1.
Overview
Oracle Assets, a comprehensive asset management solution, ensures maintenance
of accurate property and equipment inventory as well as optimal accounting and
tax strategies.
5.2.2.
Features
5.2.2.1. Subledger Accounting
Oracle Subledger Accounting provides tools that allow users to meet multigaap, corporate, and fiscal accounting requirements. With a flexible tool called
Accounting Methods Builder, users can determine the accounts, lines,
descriptions, summarization, and dates of their journal entries. Users can also
add detailed transaction information to journal headers and lines. Detailed
subledger accounting journals are available for analytics, auditing, and reporting.
They are summarized, transferred, imported and posted to Oracle General
Ledger. For more details, please see the Oracle Subledger Accounting section of
this document.
Oracle Assets is fully integrated with Oracle Subledger Accounting for creating
Journal Entries, Account drill down and Inquiry.
Oracle Assets provides several out-of-the-box sources and rules to derive account
code combinations and journal entry descriptions. Customers can use the seeded
Oracle Assets accounting definition or they may use the flexibility of SLA to
create their own definitions.
5.2.2.2. Enhanced Mass Additions Interface for Legacy Conversions
Additional attributes are available in the Mass Additions interface to ease legacy
data conversions. Attributes such as asset life, depreciation method, prorate
convention; bonus rule ceiling name, depreciation limit, and others can now be
directly imported from your legacy system instead of being derived from asset
category setups.
5.2.2.3. Automatic Preparation of Mass Additions
A set of extensible public APIs is available to automatically prepare a mass
addition line for all required attributes such as depreciation expense account,
asset category, location etc. with the goal of minimizing manual intervention by
the user in the mass additions workbench.
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Energy Units of Production Method: In the oil & gas industry, asset
properties may include fields, leases and wells. These assets are typically
associated with units of production (UOP) and are depreciated using a special
UOP depreciation method. Energy assets are generally structured into two
levels, group and member assets, where the group asset is a collection of
several members. Units of production are entered on the group asset for
calculating depreciation and then allocated down to the member assets
Energy Straight line Method: In the oil & gas industry, non-producing
assets are depreciated using the energy straight-line method based on the
assets net book value. Assets that depreciate using the energy straight-line
method may either depreciate at the member asset level or group asset level.
When the depreciation is calculated at the member asset level, it is calculated
based on each members life and then summed up to the group asset. When
depreciation is calculated at the group asset level, the life of the group asset
is used
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5.3.
Overview
Oracle Bill Presentment Architecture (BPA) allows you to retrieve billing data
from multiple data sources for presentment on a bill. This means that the
physically presented bill is no longer limited to information contained within
Oracle Receivables. BPA provides template-based configuration of online and
printed bills, giving you the ability to select the content of the bill, choose the
layout design, display parent billing lines and drilldown details, and then set up
the assignment of these billing templates by defining rules based on criteria you
specify. By separating bill presentment from transaction accounting, Oracle BPA
allows for more understandable and comprehensive bills, increasing the
likelihood and timeliness of bill payment.
5.3.2.
Features
5.3.2.1. Balance Forward Bill Presentment
Oracle Bill Presentment Architecture supports the presentment of a balance
forward bill. A balance-forward bill at a minimum includes previous balance
carried over from last billing period, payment received, current charges and
activities, taxes, and total balance due. BPA supports the online and printed
presentment of balance forward bills.
5.3.2.2. Enhanced Template Assignment
Oracle Bill Presentment Architecture supports the use of source product specific
attributes as assignment criteria in template assignment rules. This new feature
allows the selection of attributes for the use of template assignment from the
following places
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5.4.
Overview
Oracle Credit Management is the hub product for credit analysis and decisioning
throughout the Oracle E-Business Suite.
This release contains features that extend the functionality and integration among
products in the suite. It also provides the infrastructure to extend the data needed
to make informed credit decisions.
5.4.2.
Features
5.4.2.1. Common Components for Leasing and Loan Applications
Many of the data entry pages needed to initiate a credit application for leases and
loans are available in Oracle Credit Management. In order to ensure a seamless
progression of application entry to decision, common page components available
in Oracle Credit Management have been incorporated in the lease and loan
applications. Entered information automatically flows to the credit case folder.
This eliminates the need for the user to enter the same data in multiple
applications and speeds the flow of information through the decision process.
This feature was first released in Oracle Credit Management Mini-pack D
(11i.OCM.D).
5.4.2.2. Enhancements to User-Defined Data in Credit Case Folders
Oracle Credit Management offers an extensive array of historical, system,
external and user entered data for credit reviews. The ability to create userdefined data points for credit analysis and scoring has been enhanced to accept
SQL functions. SQL functions are automatically executed and resultant data is
loaded during credit case folder creation. This feature improves the users ability
to take advantage of automated credit decisioning since all necessary data is
present to calculate credit scores. Potential uses of this feature are:
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for guarantors and enables the credit user to assess the creditworthiness of the
guarantor.
This feature was first released in Oracle Credit Management Mini-pack D
(11i.OCM.D).
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5.5.
Overview
The Enterprise Performance Foundation is an integral part of the Release 12.0
Data Schema that supports analyzing and mining E-Business Suite data by
adding multi-dimensionality; date effective business rules, analytic functions;
audit and integrity features; and its own security administration to the data you
select.
The Enterprise Performance Foundation (EPF) is the evolution of the Oracle
Financial Data Manager used in earlier OFSA releases. This foundation will be
used to administer and maintain the new common data model and functional
components used across the CPM Applications and by other E-Business Suite
applications.
The Enterprise Performance Foundation (EPF) powers several industry-neutral
products such as the Financial Consolidation Hub, Enterprise Planning and
Budgeting, the Profitability Manager, as well as the Financials Services Industryspecific, Oracle Transfer Pricing application.
5.5.2.
Features
5.5.2.1. Oracle Release 12.0 Schema
By contrast with the former Oracle Financial Services Applications (OFSA)
common features, the EPF is in the Oracle Applications Release 12.0 schema, so
that EPF shares a database environment within the Oracle E-Business Suite, rich
in detail data that is invaluable for profitability analyses, planning and risk
management.
5.5.2.2. Enhanced Oracle General Ledger Integration
EPF can be configured and utilized to reflect Oracle General Ledger ledgers and
ledger sets, as well as associated metadata, including calendar definitions,
segment/dimension value sets and hierarchies, global value set combinations,
currency administration and historical currency exchange rates.
5.5.2.3. Shared, Reformatted Ledger Data
This release includes implementation of a new management ledger data table
designed to provide tighter integration with the Oracle Financial Applications
(Oracle FinApps). Replacing multiple individual ledger data storage tables
previously used by the OFSA applications, SEM Exchange (ABM) and Oracle
Financial Analyzer, and which were sourced from the Oracle General Ledger
(OGL) with separate integration programs, this new repository will serve as the
single source of truth for critical management ledger information across the
Oracle E-Business Suite. Data is sourced from Oracle General Ledger using a
single, centralized integration routine, eliminating the need for customers to
operate and maintain multiple integration programs.
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The common data model currently supports the following Oracle E-Business
Suite applications: Oracle Profitability Manager, Oracle Transfer Pricing, Oracle
Enterprise Planning and Budgeting and Oracle Financial Consolidation Hub.
This provides a robust view of data across Oracles applications and ensures an
accurate and consistent source of data for use in analytical and financial
management applications.
5.5.2.4. Oracle Workflow Integration
Oracle Workflow supports the definition, automation and integration of approval
flows prior to promotion of new business rules in a production environment.
Workflow facilitates compliance with internal quality control and audit
requirements. Using approval states on Business Rules enables creation of rules
by many users, but restricts formal review and final approval to a pre-defined
number of authorized users.
5.5.2.5. Integration with Concurrent Manager
The Concurrent Manager in the Oracle E-Business Suite manages Business Rule
processing. All Oracle Applications processes are centrally managed and
executed through Oracle Concurrent Manager interfaces. Calculations may be
run one at a time, or users can assemble Request Sets with multiple concurrent
processes, taking advantage of the full functionality of the Oracle E-Business
Suite processing architecture. This replaces the functionality that Request Queue
served in OFSA 4.5.
5.5.2.6. Oracle Warehouse Builder Integration with Interface Tables
Release 12.0 includes components to allow users to define ETL maps and load
data into interface tables using Oracle Warehouse Builder (OWB). For dimension
members, the OWB structures also consolidates the information currently input
in multiple interface tables into a single table. Dimension, hierarchy and data
loaders may be used, as usual, to move the metadata and data from the interface
tables into dimension and fact tables.
5.5.2.7. Oracle Warehouse Builder Replaces Balance & Control
In Release 12.0, Oracle recommends the use of Oracle Warehouse Builder for
data cleansing and other ETL activities, replacing the Oracle Balance & Control
component of Oracle Financial Data Manager. The Cash Flow Edit routines
previously available in Oracle Balance & Control are now fully integrated within
Oracle Transfer Pricing.
5.5.2.8. New User Interfaces
Release 12.0 includes a new user interface for the Oracle Financial Services
applications. The products in the Oracle E-Business Suite have a common web
browser look and feel, making the interfaces more intuitive for users. As with
former OFSA releases, a user has a familiar application flow experience, which
reduces the cost of training when using multiple applications. With the
incorporation of E-Business Suite responsibilities, the release supports
predefined responsibilities granting security to application functions for different
groups of users. Clients can also create their own responsibilities, customizing
R12 Release Content Document, Rev. 30
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analysis and reporting. Users can configure the most appropriate dimensions
pertinent to their specific business needs. The 19 pre-defined dimensions are
listed below:
Analytic Dimensions
Data Management
Financial Characteristics
Financial Element ID
Natural Account ID
Line Item ID
Financial Consolidation
Intercompany ID
Entity ID
New features are included in Release 12.0 for managing dimension members and
dimension member attributes, and for the creation and maintenance of hierarchies
built on top of those dimensions that are of a hierarchical nature.
Please see Terminology in Section 5.5 of this document for Dimension
definitions and related information.
5.5.2.15. Dimension Member Attributes
Release 12.0 includes a set of common, seeded dimension member attributes for
use within the applications. The common data model provides the ability to
define an unlimited number of user-defined attributes for each dimension. User
defined attributes allow organizations to categorize data for their specific analysis
and reporting needs.
5.5.2.16. Data Set Registration and Creation
In Release 12.0, data is identified by Datasets and Calendar Periods.
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Security Folder. The Security Folder user preference is the default value
when navigating to any Rule Selector or when creating a Business Rule.
Dataset Group. The Dataset Group user preference is the default value when
submitting an individual rule for processing from the Rule Selector
Ledger. The Ledger user preference is the default value when submitting an
individual rule for processing from the Rule Selector, as the default ledger in
the Data Inspector, and as the basis for the value set definition when
managing dimension members and hierarchies.
Calendar Period. The Calendar Period user preference is the default value
when submitting a rule version from the Rule Selector for processing.
Effective Date. The Effective Date user preference is the default when
submitting a rule for processing from the Rule Selector.
These preferences are saved for each individual user as a profile option at the
user level. Use of these saved parameters simplifies the modeling process by
letting the user set preferences once, and then re-use them for multiple tasks
within the application.
5.5.2.19. Conditions
A Condition is a Business Rule used to create the filtering criteria that determines
which information will be used in a calculation or view of data. Conditions use
advanced set logic definitions as well as hierarchies to define the required criteria
for processing rules. Conditions, like other Business Rules, support versioning
and effective dating.
Condition Business Rules can be shared by other types of Business Rules within
the same application or across different applications. This makes maintenance of
the system easier and more efficient in cases where the same filter criterion is
needed by multiple Business Rules.
5.5.2.20. Data Inspector
The Data Inspector in Release 12.0 lets users query, view and update fact table
data on an adhoc basis from within Release 12.0 EPF application interfaces. This
convenient feature enables users with appropriate security to more quickly view
and understand process inputs and drivers, as well as application process outputs
written to the system data tables. It also provides an easy way to make simple
changes to underlying data in a quick and efficient manner.
Note: Please note that the Data Inspector allows the management of data on a
row-by-row basis. It does not provide the ability to perform bulk updates. In
addition, Data Inspector does not have versions.
5.5.2.21. Auditing and Data Integrity
Release 12.0 includes several features designed to preserve the overall integrity
of fact table data while making it easier for users to audit calculation output and
identify the Business Rules that created the results. These features, which are
discussed below, include:
R12 Release Content Document, Rev. 30
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Production Datasets
Process Locking
Rule Auditing
Effective Dating & Versioning
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process. This report may be defined on any client data table, including userdefined tables. Using this feature, the users have the ability to track and fix
multiple errors before calling the data loader.
5.5.3.
Terminology
Term
Definition
Activity ID
Application Preferences
Business Rule
Calendar Period
Channel ID
Company Cost Center Org ID
Condition
Cost Object
Currency Code
Customer ID
Customer Account Tables
Data Inspector
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Term
Definition
Dataset Code
Dataset Group
Dimension
Dimension, Simple
Dimension, Attributed
Dimension Member
Dimension Attributes
Effective Date
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Term
Definition
Entered Currency
Entity ID
FEM Balances
Financial Element ID
Functional Currency
Geography ID
Hierarchy
Intercompany ID
Ledger ID
Line Item ID
Management Ledger
Mapping Rule
Natural Account ID
Product ID
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Term
Definition
Project ID
Request
Request Set
Responsibility
Rule Audit
Rule Selector
Rule Set
Rule Version
Security Folder
Signage Methodology
Task ID
Value Set
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5.6.
Overview
Oracle Enterprise Planning and Budgeting controls the business processes of
planning, budgeting, forecasting, monitoring, and analysis, integrating
performance management with personal accountability.
5.6.2.
Features
5.6.2.1. Usability Enhancements
5.6.2.1.1. Import Budgets from Microsoft Excel
Worksheets can be exported to Microsoft Excel with tracking enabled, and
then imported back into Enterprise Planning and Budgeting. This allows the
user to work on a budget offline in Microsoft Excel, but still provides the
central control of target validation and the approval mechanism.
5.6.2.1.2. Professional Quality Reporting
Briefing books containing multiple reports with text commentary and
pictures can be automatically published with the latest data to specific users
as part of the business process. This allows, for example, the budget book to
be updated and automatically distributed once the budget numbers have been
finalized.
5.6.2.1.3. Budgeting in Multiple Currencies
Currency conversion rules and strategies can be managed centrally while still
allowing individual analysts to choose whether to enter budgets in multiple
currencies or a single currency. Currency conversion is automatic on
consolidation up the organization.
5.6.2.1.4. Additional Calculation Templates
The conditional IfThenElse template allows tailoring of the business
model based on the division or region. The Days Outstanding template can
be used to track and manage the days sales outstanding or inventory turns.
Other enhancements allow multi-step calculations to be created in a single
step.
This feature was first released in Oracle Enterprise Planning and Budgeting
Mini-pack B (11i.ZPB.B).
5.6.2.2. Scalability Enhancements
5.6.2.2.1. Improved Security Management
Access to a view can be automatically restricted or relaxed as part of the
business process, for example during the month end close. Security APIs
allow programmatic updating of data ownership, read access, write access,
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and metadata scope to support large and frequent changes to user access and
control.
5.6.2.2.2. Business Area
Business areas allow the business processes and user communities of discrete
operations to be managed separately. Multiple sets of books that share the
same chart of accounts can be included in the same business area; each chart
of accounts can reside in its own business area. By choosing what to include
in a business area, different versions of hierarchies can be tracked separately.
5.6.2.2.3. Business Process Management
Additional options when defining the business process rules support
organizational complexity, with enhancements for value-based hierarchies,
varying Line Item dimensionality, loading pre-solved data, and aggregation
up the Line Item hierarchy. A new API allows you to initiate a business
process programmatically.
5.6.2.2.4. SQL Access to Shared Data
Integration of planning data with other systems, such as secure operational
defense systems, has been enabled with the exposure of a SQL metadata
layer on top of the shared data. This layer can also be used to write data back
to the Enterprise Performance Foundation.
This feature was first released in Oracle Enterprise Planning and Budgeting
Mini-pack B (11i.ZPB.B).
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5.7.
Overview
Oracle Financial Consolidation Hub is a new product with this release.
Oracle Financial Consolidation Hub integrates data from disparate financial
systems to perform one-touch statutory and management consolidation. Oracle
Financial Consolidation Hub is a key component of Oracle Corporate
Performance Management - a comprehensive solution for improving
performance across all facets of your business. Unlike many solutions that stand
apart from your transaction systems and require additional software, hardware,
implementation and integration, Oracle Corporate Performance Management is
core to the Oracle E-Business Suite one solution, one data model, one view of
your business.
5.7.2.
Features
5.7.2.1. Enterprise View
Oracle Financial Consolidation Hub creates an enterprise view of the firm's
financial position by integrating multiple subsidiaries and investments from a
variety of countries with disparate accounting systems, ownership structures,
charts of accounts, and currencies. Optimized for both statutory and management
requirements, Oracle Financial Consolidation Hub provides a foundation to
establish and evaluate enterprise business strategy, allowing the finance
organization to base planning, forecasting, and analysis on accurate, timely,
corporate-level information.
5.7.2.2. Unity of Statutory and Management Results
Oracle Financial Consolidation Hub enables users to perform both legal and
management consolidation within a single system, allowing you to leverage a
common tool for both purposes and ensuring that your management numbers will
always reconcile with your legal results. The same set of consolidated financial
information supports multiple perspectives, satisfying the needs of a wide range
of users such as a general manager responsible for a group of products, a
country-specific controller responsible for the finances of a geographic region, or
a corporate controller responsible for fulfilling federal regulatory requirements.
5.7.2.3. Consolidation Versatility
Oracle Financial Consolidation Hub enables users to consolidate from any
system using spreadsheet-based loaders, or open interfaces. You can submit data
from any source, on any frequency, with integrated transformation and
validation. Information is automatically validated and standardized to a common
set of values, while providing complete audit trails from consolidated totals to
original source balances.
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reporting and analysis. A simple, extensible framework allows you to tailor the
steps in your consolidation cycle, whether the same process should be applied
across your entire hierarchy or whether special procedures are necessary for
different sub-consolidations. This allows you to consistently codify standard and
repeatable business processes, which reduces manual intervention and minimizes
opportunities for error and misstatement.
5.7.2.11. Complex Calculations and Eliminations Handled
Oracle Financial Consolidation Hub supports complex ownership structures and
automatically applies the proper consolidation methods and eliminations. Rules
for automating eliminations and adjustments are configured through a simple
user interface. The results of each consolidation rule are available for
confirmation and auditing at every level and for every subsidiary.
5.7.2.12. Global Consolidation Requirements Managed
Oracle Financial Consolidation Hub's flexible rule capabilities let you reflect the
different standards that govern your international operations. Additionally,
Financial Consolidation Hub provides support for foreign currency handling
procedures in strict accordance with FAS 52 and IAS 21.
5.7.2.13. Internal Controls Manager Integration
Oracle Financial Consolidation Hub is fully integrated with Oracle Internal
Controls Manager. Internal Controls Manager enables companies to document,
test, monitor, and certify ongoing compliance with Sarbanes-Oxley Section 302
and 404 as well as other key compliance-related legislation. It provides the vital
link between business processes and the affected financial statements. The
integration between the two products allows you to review and assess the
adequacy of controls in your enterprise in conjunction with your consolidation
process.
This feature was first released in Oracle Financial Consolidation Hub Mini-pack
D (11i.GCS.D).
5.7.2.14. Excel Add-in and Oracle General Ledger Drilldown
Oracle Financial Consolidation Hub provides a convenient spreadsheet interface
on top of the analytical reporting capabilities of Oracle 9i and 10g. You can slice
and dice your consolidated results in Excel, taking advantage of familiar Excel
formatting and calculations, while maintaining a live link to the consolidated
results in your database. From Excel you can also drill down to your operational
data, and if you are using Oracle General Ledger, you can drill into General
Ledger's Account Analysis and Drilldown to view journal details and the
underlying subledger transactions. You can also drill to General Ledger from the
consolidation trial balance report, data preparation report, and intercompany
matching report. This feature leverages the Oracle XML Publisher technology.
This feature was first released in Oracle Financial Consolidation Hub Mini-pack
D (11i.GCS.D).
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The value mappings report helps you identify any values in your local charts
of accounts which have not been mapped to your consolidation chart of
accounts
This feature was first released in Oracle Financial Consolidation Hub Mini-pack
D (11i.GCS.D).
5.7.2.16. Line Item Intercompany Maps
Users can map line items to members in the intercompany dimensions. This is
convenient when you use specific line items to keep track of intercompany
transactions among your subsidiaries. During consolidation intercompany
transactions are then automatically eliminated according to the intercompany
rules that you define.
This feature was first released in Oracle Financial Consolidation Hub Mini-pack
D (11i.GCS.D).
5.7.3.
Terminology
Term
Definition
Eliminations
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5.8.
Overview
There are a number of Globalization features that provide functionality to
manage financial requirements for specific countries or groups of
countries/regions of the world. This section covers the Globalization features that
are available for Asia Pacific.
5.8.2.
Features
5.8.2.1. Korean Withholding Tax
You can setup, calculate, and report on withholding taxes that are applied to
certain types of income payments to suppliers. This feature has been updated to
uptake the new Legal Entity model, Multi-Org Access Control and Payables
Invoice Lines. Those reports can be run both from legal (passing legal entity as
parameter) or business (passing OU as parameter) perspectives.
5.8.2.2. Taiwan Transaction Numbering
To meet the Government Uniform Invoice requirements, you can apply
government issued invoice numbers to invoices so that company revenue can be
tracked. This feature has been updated to uptake the new Legal Entity model,
new Ledger model and Payables Invoice Lines. The setup step to associate
Transaction Batch Sources with Transaction Batch Types is no longer needed in
this release.
5.8.2.3. Asia Pacific Reports
Country specific reports to support tax reporting and other functionality are
provided in a number of countries and these have been converted to Oracle XML
Publisher templates with underlying extracts.
5.8.2.4. Multi-Org Access Control
Multi-Org Access Control enables companies that have implemented a Shared
Services operating model to efficiently process business transactions by allowing
them to access, process, and report on data for an unlimited number of operating
units within a single applications responsibility. This increases the productivity
of Shared Service Centers for users no longer have to switch applications
responsibilities when processing transactions for multiple operating units at a
time. Data security is still maintained using security profiles that are defined for
a list of operating units and determine the data access privileges for a user.
5.8.2.5. Legal Entity Architecture
Legal Entity architecture, which is new in this release, provides users with the
ability to model an enterprises legal organizational structure and define rules and
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attributes specific to legal entities. With adoption of the Legal Entity architecture
in transactions such as in Oracle Payables, many of the globalization features,
such as the Korean Withholding feature, now use the context of legal entities for
statutory and other reporting.
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5.9.
Overview
Oracle Globalizations provides a single, seamless solution to allow organizations
to compete globally, while managing their business locally.
In this release, VAT Reporting for EMEA has been re-engineered to allow
current localized features to become available for all EMEA customers. This
enables users to use Tax Calendars, Tax Box Allocations and Preliminary &
Final reporting.
5.9.2.
Features
5.9.2.1. EMEA VAT Reporting
All existing Tax Reports have been converted to XML Publisher templates with
underlying extracts being consolidated into the functional classifications of
Audit, Journal, Turnover and Summary reports.
Tax Calendars and Periods have been defined and used to control VAT
Processing and report submission.
Tax Boxes relating to the Tax Authorities specifications have been defined and
assigned to various tax attributes. VAT Reports allocate transactions according to
the tax box definitions and provide information grouped as required by the local
Tax Authorities.
Preliminary reporting allows a report to be run a number of times in order to
cater for transaction amendments. Final reporting prevents a transaction from
being reported again and supports report auditing. The feature also supports
correction reporting.
5.9.2.2. EMEA Country Specific Reports
The following reports are included in this release:
Overview
Oracle Financials for India provides clients in India with a comprehensive
solution to comply with the India specific tax requirements as specified by
Central Excise, Customs, Sales Tax and VAT, and Tax Deduction at Source
(TDS)(levied under Income Tax Act). Oracle Financials for India also provides
valuable information that can be used for statutory and management reporting.
Oracle Financials for India uses its own tax engine, for handling taxes applicable
across Procure to Pay and Order to Cash transactions.
In Oracle Financials for India, taxes are defaulted based on the pre-determined
setup (Tax Defaulting). 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).
5.10.2.
Features
5.10.2.1. CENVAT Rules 2004 Changes
Credit of taxes paid on inputs and input services were allowed in Central Excise
and Service Tax regimes respectively. The Central Government has notified the
new CENVAT Credit Rules, 2004 that allows cross regime credit of taxes paid.
For example, Credit of Service Tax paid on input services will be allowed to be
set-off against the Excise liability arising on production of goods, and vice-versa.
This is a change in the existing statutory requirement. The changes came into
effect from 10-September-2004.
Education Cess is an additional tax brought in by Union Budget 2004. It works
as a surcharge on its related primary tax. Education Cess has to be treated similar
to the related primary tax
Following are the features that are new with the Service Tax enhancement:
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5.10.3.
Terminology
Term
Definition
Service Tax
Central Excise
CENVAT
Education Cess
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Overview
There are a number of Globalization features that provide functionality to
manage financial requirements for specific countries or groups of
countries/regions of the world. This section covers the Globalization features that
are available for Latin America.
5.11.2.
Features
5.11.2.1. General Ledger Inflation Adjustments
Inflation Adjustments allows you to maintain and report on historical balances
and inflation-adjusted in General Ledger. This is required in Latin American
countries such as Argentina and Chile. This feature has been updated to uptake
the new Ledger and Legal Entity models. Users are now able to work with
different primary ledgers using the same responsibility.
5.11.2.2. Receivables Latin Tax Engine
This feature allows you to setup, calculate and report taxes to meet taxation
requirements in Latin American countries such as Argentina, Brazil, Chile, and
Colombia. The Latin Tax Engine is a regional feature with many generic
features, but there are some further country-specific setup steps to configure it to
each countrys specific requirements. This feature has been updated to uptake the
new Legal Entity model and Multi-Org Access Control. A few Global
Descriptive Flexfields associated with Items, Customers and Memo Lines have
been converted into named columns. In addition, the current tax setup in
Receivables system Options, has been redesigned in Oracle E-Business Taxs
Applications Tax Options.
5.11.2.3. Latin America Extended Withholding
Latin America Extended Witholding allows you to setup, calculate and report
withholding taxes to meet taxation requirements in Argentina and Colombia.
There are some country-specific setup steps to configure it to each countrys
specific requirements and country specific reports. This feature has been updated
to uptake the new Legal Entity model, Payables Invoice Lines, Multi-Org
Access Control and Oracle Payments. Extended Withholdings have been fully
integrated with Payables for withholdings at invoice validation time and quick
payments, and with Oracle Payments for withholdings on payments batch
requests.
5.11.2.4. Brazil Receivables Bank Transfer
This feature has been updated to uptake the new Legal Entity model, new Ledger
model, Subledger Accounting model, Multi-Org Access Control and
Consolidated Bank Accounts. Users are able to define accounting rules in SLA
for the accounting of Receivables bank transfer transactions.
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Overview
Oracle Financial Services Accounting Hub is a new product, initially released
June 2005.
Oracle Financial Services Accounting Hub leverages the features of Oracle
Oracle Subledger Accounting and Oracle General Ledger to address the specific
requirements of the financial services industry.
Oracle Financial Services Accounting Hub allows users to efficiently create
detailed, auditable, reconcilable accounting for a variety of source systems, while
consistently enforcing accounting policy. It also includes a single, enterprise
wide accounting repository with configurable analytic information. This allows
users to simultaneously meet diverse corporate, management and reporting
requirements. Financial Services Accounting Hub serves as the information
backbone for finance and performance management repositories. It is an integral
component to Oracles Finance, Risk, and Compliance Architecture for financial
services.
5.12.2.
Features
FSAH extends the features of Oracle Subledger Accounting and Oracle General
Ledger to be applied against front-office banking and other financial services
source systems.
For more information, please refer to Section 4.4 of this document. Additionally,
the Financial Services Accounting Hub initial release in 2005 was documented in
a separate Release Content Document available on MetaLink. This document
details the specific features and dependencies of FSAH.
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Overview
Recent corporate financial scandals involving many companies have damaged
investor and employee confidence. As a result, Corporate Governance has moved
to the forefront of business agendas. There is an increasing focus on corporate
accountability and compliance with regulators holding top executives personally
responsible for misrepresentation of company performance. Oracle Internal
Controls Manager is a comprehensive tool for executives, controllers, internal
audit departments and public accounting firms to use to document and test
internal controls and monitor ongoing compliance. With Oracle Internal Controls
Manager, your company can increase internal control testing efficiency, improve
risk assessment confidence, and lower external audit verification costs. With
Oracle Internal Controls Manager the company officers responsible for certifying
a financial statement can review the financial statement in the consolidation hub
and drill to the internal control verifications in Internal Controls Manager.
5.13.2.
Features
5.13.2.1. External Auditor Ready Reporting
A number of Audit Assurance Reports are available which could easily be
delivered via printer, e-mail, fax etc. Outputs generated are industry standard
such as PDF, RTF, and HTML and qualify as supporting documents.
5.13.2.1.1. Certification Reports
Organization and financial statement certification reports have all the
summary and detail of the certifications.
5.13.2.1.2. Segregation of Duties Reports
These reports show the users who have incompatible functions and
responsibilities. Also, the user waiver information is included in the reports.
5.13.2.1.3. Risk Library Reports
These reports detail the processes, associated risks, controls, audit procedures
and accounts. Listing reports are provided for risks, controls, audit
procedures and their attributes.
5.13.2.2. Export Search Results to Excel
This feature allows search results to be exported to Microsoft Excel from Oracle
Internal Controls Manager.
5.13.2.3. DBI for Compliance
This DBI page is targeted towards the Signing officer. This lists key metrics like
significant accounts evaluation, organization and process certifications and the
number of new and open issues. This page includes detailed portlets for each
metric, and also detailed drill down reports for each metric. The key reports are:
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Overview
Oracle Internet Expenses, a T&E expense management solution, is designed to
ensure self service users comply with your expense reimbursement policies,
while at the same time quickly and accurately entering their expenses.
5.14.2.
Features
5.14.2.1. Expense Allocations
This feature empowers end users to perform General Ledger (GL) accounting
and/or Oracle Projects expense allocations, including splitting expenses. This
feature ensures expenses are properly charged since users know best how their
expenses should be allocated.
5.14.2.1.1. Flexible Setup
You are able to define whether end users can update one, many, or all GL
accounting segments. You are able to define different segment update rules
for each chart of accounts, and at the set of books level. This ensures proper
data security since users only have access to information that is relevant to
their responsibilities.
Note: This feature was first released with Oracle Internet Expenses Minipack J (11i.OIE.J) and enhanced in Mini-pack K (11i.OIE.K).
5.14.2.1.2. Expenses Splitting
Based on system setup, end users are able to split expenses across multiple
accounting segment values, for example across multiple cost centers. Oracle
Projects users are able to split expenses across multiple projects or tasks.
This is important since users often perform work for many different entities.
Note: This feature was first released with Oracle Internet Expenses Minipack K (11i.OIE.K).
Users have the flexibility to split one, many, or all expenses at the same time
using equal percentages, or user-defined percentages. Users can also split
individual expenses by amount.
Note: This feature was first released with Oracle Internet Expenses Minipack K (11i.OIE.K).
5.14.2.1.3. GL Accounting Validations during Entry
Based on setup, Internet Expenses ensures accounting code combinations are
valid before expense reports are submitted for approval. This helps to
streamline the reimbursement process since end users have first-hand
knowledge about where expenses should be charged. If you choose to
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total amount to be approved, and how much of each expense was charged to
the area of approval authority. This feature ensures that proper approval
authority is enforced when an expense report is allocated to many different
cost centers, projects, or awards.
5.14.2.5.2. Parallel Approvals
You can route approvals in parallel when expense reports are charged to
multiple cost centers, multiple projects, or multiple awards. This streamlines
the approvals process and thus ensure users are reimbursed as quickly as
possible.
5.14.2.5.3. FYI Notifications
You can define rules in AME to send FYI notifications to managers and
others who should be informed of expenses charged to their area of authority,
but who do not need to approve the expense report.
Note: This feature was first released with Oracle Internet Expenses Mini-pack K
(11i.OIE.K).
5.14.2.6. Audit Management
The following enhancements have been made to the HTML-based audit
management module.
5.14.2.6.1. Enhanced User Interface
The Audit Expense Reports page has been redesigned with separate expense
views relevant to the activities auditors perform. These activities include
verifying expenses, processing policy non-compliance issues, and reviewing
other expenses data. This improves the overall auditor experience and will
facilitate better decision-making.
When receipts are itemized, the relationship between the receipt and the
itemized lines is shown. This increases auditor productivity since they are
able to quickly verify that required receipts are received.
5.14.2.6.2. Auditor Itemizations
Payables personnel are able to itemize receipts using the same user interface
that is used by end users. This helps streamline the reimbursement process
and ensure that expenses are properly accounted for.
5.14.2.6.3. Expense Allocations in Audit
Auditors have visibility to all allocations information, including when
expenses are split. They are also able to update the accounting for split
expenses. This allows auditors to ensure that accounting is correct for all
expenses.
Note: This feature was first released with Oracle Internet Expenses Mini-pack K
(11i.OIE.K).
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Note: This feature was first released with Oracle Internet Expenses Mini-pack J
(11i.OIE.J).
5.14.2.10. Credit Cards
These new features help streamline administration of credit card programs, and
streamline expenses entry.
5.14.2.10.1. Automatic Level 3 Itemizations
You are able to upload and validate detail transaction data for MasterCard
CDF3 and Visa VCF4 formats, when merchants provide this data. Oracle
Internet Expenses uses the detail transaction data to automatically itemize
credit card transactions. This reduces the time users spend completing
expense reports, and ensures transactions are accounted for properly.
Note: This feature was first released with Oracle Internet Expenses Minipack J (11i.OIE.J).
5.14.2.10.2. Automated Transaction File Transfers
You are able to automatically download credit card transaction data files
from your card provider's server. This feature provides a synchronized and
efficient way to retrieve your credit card transactions. In this release this
feature is available for American Express card programs only.
Note: This feature was first released with Oracle Internet Expenses Minipack J (11i.OIE.J).
5.14.2.10.3. Visa Integration
A new credit card transactions load and validate program provides complete
support for uploading and validating Visa transaction files in Visa VCF3 and
VCF4 formats.
Note: This feature was first released with Oracle Internet Expenses Minipack J (11i.OIE.J).
5.14.2.10.4. Historical Transactions Management
You are able to categorize unused transactions as historical and thus
prevent further processing of these transactions. You can also send
notifications to inform end users to start submitting subsequent transactions
on expense reports. This feature helps to ensure that the cutover to using the
Internet Expenses credit cards solution is smooth, and that end users
understand the new procedures.
Note: This feature was first released with Oracle Internet Expenses Minipack J RUP1 (11i.OIE.JRUP1).
5.14.2.11. Expense Report-Level Descriptive Flexfields
You have the ability to enable descriptive flexfields that apply to the entire
expense report. This allows you to capture important policy information such as
the start and end dates of a business trip, travel authorization numbers, and so on.
R12 Release Content Document, Rev. 30
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Note: This feature was first released in Oracle Internet Expenses Mini-pack J
(11i.OIE.J).
5.14.2.12. Attachments
End users and auditors are able to attach documents such as imaged receipts to
the entire expense report, or to individual expenses. Managers and auditors can
access and review the attachments, which facilitates more efficient approvals.
Note: This feature was first released in Oracle Internet Expenses Mini-pack J
(11i.OIE.J).
5.14.2.13. Expense Analysis and Reporting
The following enhancements have been made to the expense analysis and
reporting tool.
5.14.2.13.1. Proxy Assignment
Managers with the expense analysis and reporting responsibility are able to
assign the rights to view their HR reporting hierarchy to other users, such as
financial analysts and administrative personnel.
5.14.2.13.2. Cross-Organizations Support
Managers and other users are able to perform expense analysis and reporting
across organizations from a single view. This is particularly important for
managers whose management hierarchy spans multiple business units or
legal entities.
Note: This feature was first released with Oracle Internet Expenses Mini-pack J
(11i.OIE.J).
5.14.2.14. Ad Hoc Reporting
Using Oracle Discoverer, you can develop ad hoc reports based on seeded
expense reporting business areas. The business areas are targeted for use by
operations teams with visibility across the entire company. This helps you to
provide decision makers with information in a format that is meaningful to them.
5.14.2.15. Terms and Agreements
You are able to require end users to acknowledge that they have reviewed and
agreed to the terms of your travel, entertainment, and reimbursement policies
prior to submitting expense reports.
Note: This feature was first released with Oracle Internet Expenses Mini-pack J
(11i.OIE.J).
5.14.2.16. Region-Based Confirmation Page Messages
You are able to configure the expense submission and processing instructions
according to local and regional requirements. You use region-based messages,
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for example, to provide different receipt submittal policies and related processes
to meet shared-service or other organizational needs.
Note: This feature was first released with Oracle Internet Expenses Mini-pack J
(11i.OIE.J).
5.14.2.17. Help Desk Support
A new responsibility has been provided so help desk personnel can quickly
search for expense reports. Help desk personnel can also view the confirmation
page so that both they and end users see the same information. This ensures your
help desk personnel can quickly resolve questions raised by end users.
Note: This feature was first released with Oracle Internet Expenses Mini-pack J
RUP2 (11i.OIE.J/JRUP2).
5.14.2.18. Contact Us
This feature helps you to quickly enable end users to contact your help desk
personnel. You have options to initiate an Oracle iSupport create service request
process, open a formatted page with contact and problem description fields, open
a URL, or open an email composer window.
5.14.2.19. Expense Report Export
Payables personnel can run the Expense Report Export concurrent program from
the Internet Expenses Auditor and the Internet Expenses Audit Manager
responsibilities. A new user interface allows payables personnel to review the
export results online and analyze them quickly. Four categories of results list the
expense reports for which invoices were created, the expense reports that had
prepayments applied, the expense reports placed on hold, and the expense reports
that were rejected. Existing expense import has been renamed to expense report
export to reflect the change in the process.
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Overview
Oracle iReceivables, a self-service based account management application, helps
reduce the cost structure of billing and collections by providing a company's
customers with the ability to access their accounts online. Customers can perform
extensive inquiries, dispute bills, pay invoices, adjust open credits and review
account balances. Bill disputes are automatically routed and processed,
eliminating the need for intermediaries or paper-based claims management,
allowing companies to save money, reduce processing time, and improve
customer service. All transactions accessible via Oracle iReceivables are
protected by Oracles standard Self-Service Web applications security. Oracle
iReceivables is an integral part of the Oracle E-Business Suite, designed to
transform your business into an E-Business.
The intuitive user interface provides users with simple and effective access to
Receivables data. The practical, Web-based look and feel, is consistent with other
Oracle Self-Service applications, and offers distinct navigation indicators and a
new step-by-step process flow.
5.15.2.
Features
5.15.2.1. Oracle Trading Community Architecture
Oracle iReceivables uses the Party Usage Model in Trading Community
Architecture Release 12.0 to enable users to manage bills for multiple accounts
based on the customers payee relationships configured for the users account.
With this feature users now have the ability to dynamically manage bills for
multiple accounts without being required to register for access to each specific
account.
5.15.2.2. Oracle Payments
Oracle iReceivables uses Oracle Payments new payment formatting and end-toend electronic payment processing features made available in this release.
Previously, users had to manually type in customer credit card or bank account
information when taking payments, resulting in decreased efficiency and
increased risk of data entry errors. Now users can select from customer credit
card and bank account data already in the system. Payment method and
processing rules are easily configurable from new setup pages, and customers
payments are automatically authorized and captured.
5.15.2.3. Multi-Org Access Control
Multi-Org Access Control enables companies that have implemented a Shared
Services operating model to efficiently process business transactions by allowing
them to access, process, and report on data for an unlimited number of operating
units within a single applications responsibility. This increases the productivity
of Shared Service Centers for users no longer have to switch applications
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Overview
Oracle Loans is designed to support the full range of business activities
associated with creating, approving, funding, servicing and monitoring loans. Its
purpose is to automate and standardize the loan origination and loan servicing
processes for lending organizations. Oracle Loans is geared toward federal and
state/local agencies and other lending organizations who offer direct loans or
extended repayment plans. Oracle Loans leverages numerous Oracle E-Business
Suite modules including Oracle Receivables, Oracle General Ledger, Oracle
Payables, Oracle Customer Data Hub, Oracle Credit Management and Oracle
Advanced Collections.
5.16.2.
Features
5.16.2.1. Loan Type and Product Configuration
Oracle Loans expands the use of Loan Type and Product to provide controls and
consistency across loan programs. The Loans Adminstrator is able to create loan
products with numerous terms and conditions that default into the loan
application. These defaulting parameters streamline the loan agents application
process while enforcing policy across agents and applicants. Some of the
defaulting parameters that are available include:
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Overview
Oracle Payables provides the integration and flexibility you need to efficiently
manage disbursements while keeping strong controls over matching, budgets,
approval processes, and payments. As a cornerstone to the Procure to Pay flow,
Payables provides process collaboration across departments within the enterprise
and beyond to suppliers. As a key member of the Financial Management Chain,
Payables assists users in meeting the demands of corporate governance, promotes
fiscal discipline, and meets complex and diverse statutory requirements.
5.17.2.
Features
5.17.2.1. Legal Entity
Legal Entity is a new addition to the Oracle E-Business Suite that enhances the
ability to manage ones legal corporate structure and track data from the legal
perspective. The solution presents the foundation for features that help daily
operations comply with local regulations. Invoices and Payments indicate the
operating unit and the legal entity owner of the transaction. The legal entity can
be used as selection criteria when preparing pay runs. For more details, please see
the Legal Entity section of this document.
5.17.2.2. Multi-Org Access Control
Multi-Org Access Control enables companies that have implemented a Shared
Services operating model to efficiently process business transactions by allowing
them to access, process, and report on data for an unlimited number of operating
units within a single applications responsibility. This increases the productivity
of Shared Service Centers for users no longer have to switch applications
responsibilities when processing transactions for multiple operating units at a
time. Data security is still maintained using security profiles that are defined for
a list of operating units and determine the data access privileges for a user.
In Oracle Payables, your Multi-Org Access Control and Preferences allow users
to enter invoices or batches of invoices for one operating unit, and then
seamlessly enter invoices for another operating unit. Select invoices across
operating units for payment processing within a single pay run. Setup is more
manageable and gathering information and running concurrent programs are
more efficient. For more details, please see the Multi-Org Access section of this
document.
5.17.2.3. Representation of Suppliers in the Trading Community
Architecture (TCA)
The Trading Community Model is a highly flexible architecture that allows you
to fully model real world entities in your trading community and accurately
represent the complex relationships among those entities. It is the core data
model for trading partners used by Oracle E-Business Suite applications. By
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The bank account is tied directly to the trading partner allowing one bank
account definition to be leveraged by a supplier trading partner and
shared if the trading partner is also an employee or customer. This
approach provides for easier and centralized maintenance and security of
the bank account information
other charges as lines with distributions tied to each line. Additional fields
record attributes such as serial numbers and item descriptions.
This feature offers the ability for line level approval and matching between an
invoice line and a purchase order shipment pay item, or receipt. Furthermore, it
facilitates the capture and transfer of additional, pertinent information to and
from Oracle Projects and Oracle Assets.
5.17.2.6. Invoice Processing for Contract Financing, Retainage, and
Progress Terms
Complex payment terms and conditions for fixed price contracts is captured
during the procurement contract flow. This includes options to schedule points
of progress for invoicing, request an advance or progressive financing support,
and record negotiated amounts to retain until completion of the purchased item,
service, or project. These terms and conditions are supported in Oracle Payables
when recording invoices and managing payment execution during the lifetime of
the contract.
5.17.2.6.1. Financing: Advances and Progressive Contract Financing
Advances are generally one-time prepayments made before work on the
contract begins while contract financing infuses money to the supplier as
work progresses. Oracle Payables ensures that the amounts financed are
recovered by automatically applying financing to subsequent invoices per the
specific terms captured in the purchase order.
5.17.2.6.2. Retainage and Retainage Release
Retainage is the common practice of withholding a fixed amount / percentage
of payment until all work under a contract is complete and accepted. The
retainage terms are agreed upon by the buyer and supplier and are intended to
make sure that the supplier finishes the work as per the contract. Retainage
is also called retention or contractual withholds. At the end of the project
or when agreed events have occurred, the supplier requests the amount
retained and payment is made to release it. Payables automatically retains
per the purchase order on invoices coming in and supports the retainage
release and payment process.
5.17.2.6.3. Invoices for Progress
Invoices representing progress are matched to the purchase order, updating
the purchase order with the progress. A percentage of the invoice may be
retained and contract advances and financing may be automatically applied
seamlessly bringing together the relevant contract terms with each invoicing
event. In some cases, the progress is reported via a work confirmation
process. Suppliers entering a work confirmation directly in Oracle iSupplier
Portal have a receipt recorded in Oracle Receiving. Pay on Receipt terms
recorded on the purchase order are translated into a self-billed invoice, in
Oracle Payables, to be paid.
5.18.1.
Features
5.18.1.1. Advanced and Highly Configurable Formatting Framework
Financial institutions and payment systems require compliance with certain
payment formats in order to disburse or capture funds. These formats are created
as templates in Oracle XML Publisher, and applied to an XML data file produced
5.18.2.
Configure the payment process to place formatted payment files in secure file
directories
5.18.3.
5.18.4.
Terminology
Term
Definition
The Payment Process Profile holds all of the rules for how
funds disbursement processing will happen on a document to
be paid. The assignment of a process profile to a document is
determined by the payment method on the document. When a
user creates a process profile, he specifies rules such as:
Which payment methods should use the profile and
under what conditions
How documents should be built into payments
How payments should be aggregated into a payment
instruction file
How the payment file should be formatted
If and how a payment file should be transmitted
If and when a payment file should be printed
Term
Definition
The Funds Capture Process Profile holds all of the rules for
how funds capture processing will happen on a document to
be authorized or a settlement to be paid. The assignment of a
process profile to a document is determined by the routing
rules on the Payee. When a user creates a process profile, he
specifies rules such as:
How authorization messages should be formatted
and transmitted
How settlements should be aggregated into a
settlement batch
How the settlement batch should be formatted
How acknowledgements received from the payment
system should be processed
In Release 12.0, major emphasis will be placed on maintaining all the industry
leading features and functions available in earlier versions of the Financial
Services Applications (OFSA), while simultaneously leveraging the power of the
Oracle E-Business Suite.
The new Profitability Manager application broadens the industry appeal of
profitability analytics, and repeats the success the legacy products had beyond
financial services enterprises. This release provides profitability analytics across
any enterprise, in any industry sector.
5.19.2.
Release Overview
The 12.0 Release of Oracles Profitability Manager Application incorporates the
functionality from Oracle Activity-Based Management Release 11i, and Oracle
Performance Analyzer Release 4.5.
Oracles Enterprise Performance Foundation (EPF) provides a common
foundation for multiple Corporate Performance Management (CPM)
applications, including Oracle Profitability Manager. For more details about the
feature enhancements that will be included in the Enterprise Performance
Foundation component of the release please see the Enterprise Performance
Foundation section of this document.
In addition to the robust new features and functionality common across the
Oracle Enterprise Performance Foundation, features specific to profitability
management include Business Rules and calculations for allocation of income
statement and balance sheet items, mapping activity rates, activity cost rollups,
activity statistic rollups, cost object unit costs rollup and calculation, and party
profitability.
Previous releases of these applications required additional integration to leverage
the power of Activity-Based Management and Performance Analyzer. The 12.0
Release combines those features into a single product, leveraging the strength of
the shared, common data model. Customers, from any industry, can now
incorporate activity and cost object measures directly in their operational models
without external integration.
5.19.3.
Features
5.19.3.1. Powerful Allocation System
Oracle Profitability Managers Mapping Rule data processing approach continues
to meet the performance requirements of our customers who must process very
large sets of data in a timely way. Mapping Rules support the following
allocation types, covering the methods available in the prior releases of Oracle
Performance Analyzer and Oracle Activity-Based Management (ABM):
Adjustment Adjustment rules are used to create reconciling balances, or to
adjust data for other business reasons. This was called a plug allocation in
version 4.5 of Performance Analyzer.
Field Field rules are used for detail account and transaction calculations.
Calculations between balance or rate columns on accounts are enabled with this
method.
By Dimension By Dimension rules are used for calculations between balances
and rates. Generation of cost of funds is easily enabled with this method. This
was referred to as by-leaf in version 4.5 of Performance Analyzer.
Percent Distribution Percent Distribution rules are used for realignment of costs
or income items. The source data is distributed across the targets, and generally
preserves the starting amounts in the target dimensions. This incorporates the
by-leaf percent distribution from version 4.5 into a single percent distribution
rule type. All functionality from version 4.5 of Performance Analyzer is
preserved.
Simple Source on Allocation Simple Source on Allocation rules are used for
direct factor calculations. This feature also enables creation of a raw calculation
template that can be built up using the other methodologies. This is new in the
Profitability Manager 12.0 Release, and was not previously possible in version
4.5 of Performance Analyzer.
Retrieve Statistic Retrieve Statistic rules are used for calculations between
balances and rates. Rates may be loaded from external sources into rate lookup
tables, or may be the results of prior processing steps. This was referred to as
Lookup Table in version 4.5 of Performance Analyzer, however in the new
Profitability Manager this is designed as a factor calculation, not a percent
distribution.
The above methods also support the mapping of activity rates to cost objects, cost
object extended cost, and cost object-mapped costs.
Previous users of ABM will gain significant advantage with these new rule types
since there will no longer be a one-to-one relationship between a source account
and a mapping rule. A single rule may now select multiple inputs and map the
results to all of the desired outputs. These meta rules will significantly improve
the power of the mapping calculation.
5.19.3.2. Rule Sets
Users may group common rules together as a single Rule Set, which facilitates
the maintenance and auditing of rules. Individual rules can be sequenced when
defining a Rule Set, ensuring that a group of dependent rules are processed in the
appropriate order. Rules Sets may be submitted as a single unit to process a
complex business process involving multiple rules.
5.19.3.3. Transaction Costing
A major component of profitability analysis is the determination of how
transaction costs affect an organizations results. Business or account
transactions may be integrated with the common data model, and then these
transactions may be costed and applied to the specific accounts where they were
generated.
When costing each transaction, a specific rate for the transaction is required to
determine the total cost. These specific transaction rates may be integrated with
the common data model, or they may be directly computed with the activitybased costing functionality which will be provided in the 12.0 Release of Oracle
Profitability Manager. Activity rates generated with Profitability Manager are
immediately available for any transaction costing calculations, greatly reducing
the time and effort required to integrate rates from external applications.
5.19.3.4. Multi-Dimensional Activities and Cost Objects
The Activity and Cost Object components of the 12.0 Release of Oracle
Profitability Manager allow true multi-dimensional analysis and reporting. Users
have the flexibility to define the dimensions that comprise the activity and cost
object, based on each organization's individual needs. In addition to the ability to
define multiple dimensions that represent these objects, they may also be used to
create hierarchies of multi-dimensional activities and cost objects. The ability to
define true multi-dimensional activities and cost objects provides a powerful
solution for activity-based costing methodologies.
The true benefit from multi-dimensional activities and cost objects is the ability
to perform multi-dimensional analysis on these objects.
5.19.3.5. Activity Rates
In the 12.0 Release of Oracle Profitability Manager, the task dimension plus
optional additional dimensions define activities. This architecture provides the
ability to define multi-dimensional activities, and support multi-dimensional
activity rates. Users are able to answer the question, How much does it cost my
organization every time an activity is performed?
5.19.3.6. Activity Cost Rollup
Oracle Profitability Manager users have multi-dimensional Activity Hierarchies
to rollup low-level activity costs into activity cost pools. Activity cost rollups
R12 Release Content Document, Rev. 30
determine the level of detail a user needs to see in calculations and reports. The
rolled up activity cost may also be used as the basis for the computation of
activity rates, much like in earlier releases of ABM.
5.19.3.7. Mapping to Cost Objects
In the 12.0 Release of Oracle Profitability Manager, Cost Objects are architected
to include true multi-dimensionality. In addition, Cost Objects support mapping
of direct expenses, activity costs and activity rates. This new feature allows fully
consumed costs at the cost object level as part of the standard set of mapping
rules. In the previous release of ABM, this involved multiple steps, and multiple
calculations.
5.19.3.8. Bill and Cost Object Unit Cost
The Bill of Resources and the calculation of cost object unit costs are improved
in the 12.0 Release with the ability to map expenses directly to a cost object and
a more robust multi-dimensional structure. The bill structure is composed
entirely of cost objects, and activities is included in the cost object cost through
the process of mapping activity rates to the cost object based on a statistical
driver, representing the consumption of each activity.
With true multi-dimensional cost objects in the 12.0 Release, an organizations
business may be more accurately modeled.
5.19.3.9. Cost Object Extended Costs and Cost Object Total Costs
A single calculation engine is used to calculate cost object extended costs and
cost object total costs. Cost object costs flow through the system as different
levels, and culminate in what is described as cost object total costs. Initially, cost
object units costs are calculated to represent the cost to produce a single unit of a
cost object, and may be represented as follows:
Cost Object Unit Cost = Cost Object Mapped Costs/Production Volume
In addition to the generation of cost object unit costs, costs may be mapped
directly to a cost object. If the user wishes to combine cost object unit costs with
cost object mapped costs, they must be of a similar cost basis for their
combination to make sense. To make the cost object unit costs similar in basis to
the mapped costs, the unit cost must be extended to be of the same basis as the
mapped cost. The cost object extended cost takes the following form:
Cost Object Extended Cost = Cost Object Unit Cost * Production Volume
This may seem like the reverse of the cost object unit cost, but in many cases the
production volumes used in the calculations represent different things including
actual volume, or planned volumes.
Once the cost object unit costs have been extended to the same basis as the
mapped costs, they can be combined into cost object total costs as follows:
Cost Object Total Costs = Cost Object Extended Cost + Cost Object Mapped
Cost
R12 Release Content Document, Rev. 30
5.19.4.
The ability to review the data in a table or view is provided by the Data
Inspector therefore SQL Talk is no longer supported.
5.19.4.2. Oracle Profitability Manager Features
5.19.4.2.1. Activity-Based Budgeting
Activity-Based Budgeting functionality provided in ABM 11i is not
supported in this release of Oracle Profitability Manager.
5.19.4.2.2. Allocation Methods
Dimension Substitution Dimension Substitution rules map costs between
accounts or cost centers. Organizational consolidation or subsidiary spinoffs calculations are enabled by dimension substitution methods. This was
referred to as a leaf-to-leaf table ID (such as setting ORG1 to ORG2) in
version 4.5 of Performance Analyzer.
5.19.4.2.3. Spreadsheet Import Templates
Spreadsheet import templates previously available in ABM 11i is not
provided in this release. Data is available directly from the E-Business Suite,
or from external applications through the data loader processes.
5.19.4.2.4. Model
The ABM concept of model is no longer provided. Please note that other
components of the architecture, such as value sets, ledgers, data sets, and
dataset types support the ability to model an organization.
5.19.4.2.5. Navigator
The Navigator Functionality from ABM 11i is not supported in Oracle
Profitability Manager.
5.19.4.2.6. TCA Integration
The integration of customer data from Oracles E-Business Suite TCA
Customer Model is not supported in this release.
Overview
Oracle Public Sector Budgeting allows managers to efficiently and accurately
generate and maintain complete, multi-year capital and general operating budgets
that include budgeting for personnel services. It incorporates innovative Oracle
Workflow technology for decentralized budget distribution, submission and
approval routing.
5.20.2.
Features
5.20.2.1. Enhanced Position Default Rules
The enhanced Position Default Rules includes a new set concept, changes in
default rules behavior and separation of FTE Allocation Profiles.
5.20.2.1.1. Default Rule Set
Default rules are grouped into a set, by which default rules are applied. This
feature allows users to prescribe only the relevant rules for a specific data
modification need.
5.20.2.1.2. Default Rules
The behavior of default rules has been changed. Previously, some default
rules were systematically determined to skip for occupied positions. For
example, default rules for Salary Assignments were skipped for occupied
positions. The enhanced default rules allow users to control whether the
rules are applied or not based on an overwrite option without regarding the
vacancy status of the positions. For example, default rules for Salary
Assignments with an overwrite option are applied to both vacant and
occupied positions and the rules will even overwrite any existing Salary
Assignments with those from the rules. This feature allows users to be in
control of their data transformation exercise for budgeting purposes. In
addition, users gain data transformation flexibility through the support of
more than one global Default Rule.
5.20.2.1.3. FTE Allocation Profiles
The FTE Allocation are separated from Default Rules and are displayed
under a new FTE Allocation Profiles window with its own navigation menu
by the same name. This separation better conveys the nature of FTE
Allocation Profiles in that they are never applied along with Default Rules
via the Assign Position Defaults concurrent program. Rather, they serve as
lookup values for position cost calculations.
This feature was first released in Oracle Financials Family Pack G.
5.20.2.2. Configurable Position Worksheet Function Security
Users are able to optionally disable the following functions from Worksheets
through Function Security configurations. Generally, these function exclusions
are used when some users need to have Line Item Worksheets access but dont
need position data access.
The Position Details modal window accessed from the Tools-Positions top
menu from Line Item Worksheets
Users are able to optionally disable the following functions from Position
Worksheets through Function Security configurations. Generally, these function
exclusions are used when some users need to have write access on only certain
components of position data but not all components.
The Salary sub-tab in the Assignments tab in the Position Worksheet window
Overview
Oracle Public Sector Financials extends E-Business Suite functionality and
provides the basis for an integrated financial management solution for public
sector agencies.
5.21.2.
Features
5.21.2.1. Centralized and Configurable Accounting
Oracle Subledger Accounting provides tools that allow users to meet multigaap, corporate, and fiscal accounting requirements. With a flexible tool called
Accounting Methods Builder, users can determine the accounts, lines,
descriptions, summarization, and dates of their journal entries. Users can also
add detailed transaction information to journal headers and lines. Detailed
subledger accounting journals are available for analytics, auditing, and reporting.
They are summarized, transferred, imported and posted to Oracle General
Ledger. For more details, please see the Oracle Subledger Accounting section of
this document.
Oracle Public Sector Financials is fully integrated with Oracle Subledger
Accounting.
5.21.2.2. Integrated Budgetary Control
Budgetary Control validation has been integrated with Oracle Subledger
Accounting. The validation of the accounting entries is also validated to ensure
it meets budgetary control requirements.
The Enhanced Funds Checker, previously an Oracle Public Sector International
feature, allows customers to have multiple funding budgets and budgetary control
setups for a single context.
5.21.2.3. Flexible Reporting and Inquiry
The data generated by the budgetary control and accounting reports is provided
to allow users to take full advantage of the features of XML Publisher and to
allow for flexible formatting.
Overview
Oracle Receivables is an invoicing, payment, deduction, and revenue
management application that streamlines your order-to-cash process while
providing strong financial controls and strategic financial information.
5.22.2.
Features
5.22.2.1. Revenue Management Enhancements
5.22.2.1.1. Partial Period Revenue Recognition
Partial Period Revenue Recognition enables the generation of revenue
recognition schedules that respect the start and end dates of contractual
obligations. Receivables delivers new, configurable accounting rules to
determine the treatment of revenue allocations for partial periods. For a
contract that goes into effect in the middle of the current accounting period,
revenue may be recognized for a partial, prorated amount.
5.22.2.1.2. Revenue Deferral Reasons
Event-Based Revenue Management allows users to define revenue deferral
reasons and corresponding revenue recognition events specific to their
business practices. The new feature supports deferral reasons for both goods
and services.
5.22.2.1.3. COGS and Revenue Matching
The matching principle of accounting states that each expense item related to
revenue earned must be recorded in the same accounting period as the
revenue it helped to earn. The new COGS and Revenue Matching feature
satisfies this matching principle by synchronizing the recognition of revenue
with the recognition of associated COGS. For example, if revenue is
partially recognized, the corresponding COGS is proportionately recognized.
5.22.2.1.4. Enhanced Payment-Based Revenue Recognition
With the changing regulatory environment, companies are turning to
payment based revenue recognition as the answer to meeting strict revenue
recognition rules for specific business transactions. In partnership with
Lease Management and Loans, the newly enhanced Event-Based Revenue
Management feature achieves payment based revenue recognition by
associating transaction lines with revenue impacting contingencies. Revenue
for impaired loans, evergreen-leasing agreements, and various miscellaneous
fees can now be automatically deferred at first and, then, recognized when
customers pay. This feature can be extended to any other feeder system
using transaction interfaces.
This feature was first released in Financials Family Pack G
Overview
Oracle Transfer Pricing allows Financial Services Institutions to measure and
manage their interest margin. With interest margin being the primary driver in
determining profitability, Oracle Transfer Pricing is commonly used together
with Oracle Profitability Manager by Financial Services Institutions looking to
measure and report on account, customer, product or any other dimensional
views of profitability.
The following important new features specific to the Oracle Transfer Pricing
application are included in the12.0 release, in addition to the robust new features
and functionality common across the Oracle Enterprise Performance Foundation.
For details of the Oracle Enterprise Performance Foundation features see the
Oracle Enterprise Performance Foundation section in this document.
Overview
Oracle Treasury is a complete solution for managing global treasury operations
with improved efficiency, profitability, and control.
5.24.2.
Features
5.24.2.1. Cash Pooling Across Legal Entities
Cash Pooling, in general, is available to Oracle Cash Management users and that
feature is described in much greater detail in that section of this document.
Oracle Treasury provides supplemental functionality that may be necessary for
some users. Specifically, Oracle Treasury allows inclusion of the fund transfers
generated by the physical cash pool activity into the intercompany loans so that
the balances and interest can be tracked between internal parties (aka In House
Banking).
Users can have physical cash pool transactions created in Oracle Treasury rather
than Oracle Cash Management. In this case, Oracle Treasury automatically
creates both bank account transfers within a single legal entity as well as
intercompany funding transactions across legal entities. Intercompany funding
transactions also maintain running loan balances between internal parties and
interest rate structures are used to calculate interest income and expense. With
this configuration, payment processing and accounting is managed via Oracle
Treasury.
This feature was first released in Oracle Financials Family Pack G.
5.24.2.2. Foreign Exchange Hedge Effectiveness and Accounting Under IAS
39 and FAS 133
This feature completes the breadth of functionality needed to support foreign
exchange forward hedging of Payables and Receivables as defined by IAS 39
and FAS 133. This new feature expands existing functionality that already allows
users to view real-time Payables and Receivables exposures, as well as designate
and track related foreign exchange forward hedges.
Oracle Treasury now also automatically calculates the retrospective effectiveness
of these hedges, comparing historical gains or losses of the foreign exchange
forward contracts to the offsetting losses or gains associated with the underlying
exposures being hedged. Oracle Treasury allocates the effective and ineffective
portions of these revaluation amounts and automatically generates proper
accounting entries under IAS 39 and FAS 133. This feature also delivers the
ability to audit prospective effectiveness testing results, as well as reclassify the
effective portion, or deferred, gains and losses back into current period earnings
when the underlying exposure is realized.
This feature was first released in Oracle Financials Family Pack G.
5.24.3.
Terminology
Term
Definition
LIBOR
Overview
Oracle U.S. Federal Financials extends E-Business Suite functionality and
provides the basis for an integrated financial management solution for U.S.
Federal agencies.
5.25.2.
Features
5.25.2.1. Centralized and Configurable Accounting
Oracle Subledger Accounting provides tools that allow users to meet multigaap, corporate, and fiscal accounting requirements. With a flexible tool called
Accounting Methods Builder, users can determine the accounts, lines,
descriptions, summarization, and dates of their journal entries. Users can also
add detailed transaction information to journal headers and lines. Detailed
subledger accounting journals are available for analytics, auditing, and reporting.
They are summarized, transferred, imported and posted to Oracle General
Ledger. For more details, please see the Oracle Subledger Accounting section of
this document.
Oracle U.S. Federal Financials is fully integrated with Oracle Subledger
Accounting.
5.25.2.2. Integrated Budgetary Control
Budgetary Control validation is integrated with Oracle Subledger Accounting.
The validation of the accounting entries is also validated to ensure it meets
budgetary control requirements.
The Enhanced Funds Checker, previously an Oracle Public Sector International
feature, allows customers to have multiple funding budgets and budgetary control
setups for a single context.
5.25.2.3. Flexible Reporting and Inquiry
The data generated by the budgetary control and accounting reports is provided
to allow users to take full advantage of the features of XML Publisher and to
allow for flexible formatting.
6.
6.1.1.
Overview
DBI for Compliance has a new Financial Statement Certification dashboard. This
dashboard provides an overview of the companys financial and process
certifications. DBI for Compliance creates this new dashboard to provide
information on certification status and progress:
Financial Statement Certification
This dashboard provides links to reports for more in-depth analysis of the
certification. These links include those on Key Performance Indicator (KPI)
titles, region titles, and table values.
6.1.2.
Features
6.1.2.1. Financial Statement Certification Dashboard
Users are able to investigate problem areas and their corresponding solutions
using new reports and Key Performance Indicators (KPIs). The Financial
Statement Certification dashboard contains new KPIs to enable users to see the
number of open remediation and findings for any given period, certification type,
or certification.
Users are able to further analyze trouble areas across certification type or
certification by choosing different parameters on the dashboard. This dashboard
also provides further drill capability to the following detail reports:
Findings Summary
Remediation Summary
Issue Summary
One important breakdown for signing officers to determine whether or not they
should sign off a statement is the one for significant account evaluation. With the
R12 Release Content Document, Rev. 30
pie chart, users are able to see the effective ones percentage in a graphical
representation, in contrast to the not evaluated portion and the ineffective one.
Users are also able to utilize the tabular representation of evaluation data to drill
to troubled areas per account across certifications.
You can use the links in the Financial Statement Certification dashboard to view
the following reports:
Users can monitor certification progress and status using the certification related
Key Performance Indicators (KPI), graphs, and tables. The two certifications that
this dashboard report on are Business Process Certification and Organization
Certification.
Signing officers can view not only the breakdowns of certification results with
the graphical representation, but also the troubled areas by different organizations
and processes.
Drilling on the numbers on the tables takes users to the interested organization or
process with more detailed analysis possible.
6.1.2.2. Open Remedial Action Summary
This report shows open remedial actions across engagements. Users can choose
to view a subset of the data by the following parameters:
Quarter
Significant Accounts
Organizations
Processes
Reasons
Priorities
Phases
The report shows data by 3 graphs stating the counts of open findings and
remediation, as well as aging information for these two objects respectively. The
table for this report shows more details on open, past due (if system date > need
by date), Late % of Open, average days that these objects have been opened, and
age breakdown into different user definable age buckets.
6.1.2.3. Significant Account Evaluation Result
This report shows different account evaluation results in a pie chart and a table.
Users can choose to view one certification or across certifications. Clicking on
the numbers of evaluation takes the user to the Significant Account Evaluation
Summary report.
6.1.2.4. Significant Account Evaluation Summary
This report shows evaluation results and trouble areas for different objects by
significant accounts. Data are presented through 3 horizontal stack bar graphs
R12 Release Content Document, Rev. 30
and a comprehensive table. Users can drill from the results table to various list
reports, such as risk list report.
6.1.2.5. Organization Certification Result
This report shows different organization certification results in a pie chart and a
table. Users can choose to view one certification or across certifications.
Clicking on the numbers of certification results takes the users to the
Organization Certification Summary report.
6.1.2.6. Organization Certification Summary
This report shows certification results and trouble areas for different objects by
organizations. Data are presented through 3 horizontal stack bar graphs and a
comprehensive table. Users can drill from the results table to various list reports,
such as risk list report.
6.1.2.7. Process Certification Result
This report shows different process certification results in a pie chart and a table.
Users can choose to view one certification or across certifications. Clicking on
the numbers of certification results in the table takes the users to the Process
Certification Summary report.
6.1.2.8. Process Certification Summary
This report shows certification results and trouble areas for different objects by
processes. Data is presented through 3 horizontal stack bar graphs and a
comprehensive table. Users can drill from the results table to various list reports,
such as risk list report.
6.1.2.9. List Reports
This release contains various list reports for different objects. This enables
drilling to transaction functionality. The following list reports are provided:
Processes
Risks
Controls
Page 137 of 147
6.2.
Overview
Expense Analysis goes beyond Profit and Loss Analysis, providing a more
detailed analysis of expenses, including additional drill downs to Fixed
Assets, Payables, Internet Expenses and Purchasing.
6.2.2.
New features have been introduced to the Profit and Loss and Expense
Management dashboards
Features
6.2.2.1. Receivables and Collections Management
With the information provided by the Receivables Management and Status
Dashboards, managers can easily determine the most pressing items and clarify
the day-to-day agenda for their departments. With up-to-date information about
customers activities, Receivables and Collections managers can direct their
departments to resolving past due accounts before they become a serious
problem. The supporting reports provide additional information about delinquent
customers enabling collections managers and clerks to identify the most effective
collection strategies.
level and provides the user a quick overview of current unpaid invoices that
are past due.
Additional drill downs enable further investigation into what is causing these
invoices to be past due. The information based on system date and doesn't
use As Of Date parameter. The report displays information such as the
invoice number, type, date, entered date, due date and past due days;
transaction currency and amount; invoice amount and past due amount; hold
information; discount information; and terms
It is accessible from the Payables Management and the Payables Status
dashboards.
6.2.2.5.2. Invoice Lines Detail Report with Drilldown to Purchasing
The Invoice Lines Detail report offers functional users the ability to see the
invoice lines as they are presented on the original Supplier Invoice. It makes
it easier for DBI for Payables users to follow up with the supplier as they are
looking at the same information as is available to the Supplier. This report
can be accessed from both Payables Management and Payables Status
dashboards.
In addition, Invoice Lines Detail report offers the drill to Purchase Order
details. If a single Purchase Order is associated with the invoice line, the user
is able to click on the Purchase Order number to see the Purchase Order. If
multiple Purchase Orders are associated with the invoice line, the word
Multiple appears in the column.
6.2.2.5.3. Enhanced Incremental Load Performance
The incremental request for the Payables Management and Payables Status
dashboards has been enhanced to accelerate the performance.
6.2.2.6. Budget/Forecast Import from General Ledger
This feature allows the flexibility of importing budgets and forecast into the DBI
for Financials Intelligence dashboards like Profit and Loss, Expense Management
and Expense Analysis.
Now, the user has the ability to import budgets and forecasts that are stored in
General Ledger. If budget and forecast are stored in external systems, the user
can still use the existing functionality of WebADI interface to import the budgets
into the dashboards.
6.2.2.7. Role Based Security for Profit & Loss and Expense Management
Dashboards
Role-based security provides managers with the ability to grant another
employee, as a proxy, limited access to a subset of secured information in DBI
for Financials.
This functionality is available only for dashboards that are secured by Manager
(for example, Profit and Loss, Expense Management). Managers can access this
functionality using the Delegate link at the top of the dashboard.
AP Invoice Lines
Ledger Architecture
Subledger Accounting
Revenue Management Enhancements
6.3.
Financials Intelligence
6.3.1.
Overview
The BIS End User Layer (EUL) has been updated to be compatible with the new
Release 12.0 data model changes from the Oracle Financials transaction
applications.
The Business Intelligence System (BIS) reports from previous releases are
obsolete.
7.
Overview
The largest single area of the Customer Data Management (CDM) product
family, this area covers not only the products Customer Data Hub and Customer
Data Spoke, but also the underlying data model, Trading Community
Architecture (TCA). Therefore, this section is important not only for Customer
Data Hub & Spoke customers, but also for customers of any E-Business Suite
application(s) that uses the TCA data model.
7.1.2.
Features
7.1.2.1. Tax Geography Hierarchy Setup UIs
User interfaces are provided to create and manage a foundation of geographies
and geographical hierarchies for the purpose of tax validation. Once the
foundation of geographies is established, tax administrators can define flexible
zones without impacting the underlying geographies themselves.
7.1.2.2. Multi-Org Access Control (MOAC)
The Multi-Org Access Control initiative allows application users to access to
multiple operating units via a single responsibility. Changes have been made in
the following areas to support this functionality:
This feature provides enhanced support for Shared Service Center business
models.
7.1.2.3. Tax and Geography Validation
This feature provides an equivalent level of functionality to the existing taxbased address validation solution that will be obsolete in release12.0. It provides
a real-time address-validation solution based on tax jurisdictions, plus a new
geography validation solution based on a manually entered geographical
hierarchy. The solution includes validating the address both while it is being
entered in the UI and at the API level. Based on the nature of tax data, this
feature only validates an address down to the postal code level and is not
intended to provide street level validation, nor postal delivery validation.
7.2.
Overview
Oracle Customer Data Librarian provides companies with the ability to establish
and maintain a highly accurate, duplicate free customer database. It consists of a
native suite of tools and easy to use HTML user interfaces specifically designed
for Information Quality (IQ) professionals. Oracle Customer Data Librarians
broad array of data management features help consolidate customer data, identify
and resolve duplicate data, and enrich customer data with content from thirdparty sources to make it even more valuable. Customer Data Librarian is a musthave tool for any E-Business Suite or Customer Data Hub instance.
For Customer Data Librarian, the 12.0 release is focused on the shared service
support.
7.2.2.
Features
7.2.2.1. Multi-Org Access Control (MOAC)
The Multi-Org Access Control initiative allows application users access to
multiple operating units via a single responsibility. Changes have been made in
the following areas to support this functionality:
7.3.
Customers Online
7.3.1.
Overview
Oracle Customers Online is a Web-based application within the Oracle EBusiness Suite that provides a comprehensive view into a company's central
repository of customer data. Oracle Customers Online leverages the flexibility
and scalability of the Oracle Trading Community Architecture (TCA) to store all
customer data. It allows users to comprehend the highlights of critical customer
information at a glance as well as access additional details with further
navigation.
For Customers Online, the R12.0 release is focused on the shared service support
for the existing features and the introduction of a new product called Citizen Data
Hub specifically designed to address the citizen data integration needs of public
sector agencies.
7.3.2.
Features
7.3.2.1. Multi-Org Access Control (MOAC)
The Multi-Org Access Control initiative allows application users access to
multiple operating units via a single responsibility. Changes have been made in
the following areas to support this functionality:
This feature provides enhanced support for Shared Service Center business
models.