Financials Implementation I PDF

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Oracle Financials Cloud:

Financials Implementation I
Activity Guide
D89131GC20
Edition 2.0 | December 2015 | D94050
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Table of Contents
Practices for Lesson 1: Introduction to Oracle Fusion Financials ..............................................................1-1
Practices for Lesson 1....................................................................................................................................1-2
Practices for Lesson 2: Overview of Oracle Fusion Functional Setup Manager ........................................2-1
Practices for Lesson 2: Overview ...................................................................................................................2-2
Getting Started in Oracle Fusion Applications ................................................................................................2-6
Browsing Offerings .........................................................................................................................................2-12
Configuring Offerings Demonstration .............................................................................................................2-13
Creating an Implementation Project ...............................................................................................................2-15
Practices for Lesson 3: Security Overview ....................................................................................................3-1
Reviewing a Role Template Demonstration ...................................................................................................3-3
Defining Role Mapping ...................................................................................................................................3-5

Creating a User ..............................................................................................................................................3-7
Creating an Employee ....................................................................................................................................3-9
Practices for Lesson 4: Overview of Common Applications Configuration ...............................................4-1
Reviewing Shared Components .....................................................................................................................4-3
Entering Data in the Rapid Implementation Spreadsheet ..............................................................................4-5
Uploading the Chart of Accounts File .............................................................................................................4-11
Deploying a Chart of Accounts Demonstration ..............................................................................................4-13
Uploading the Ledger, Legal Entity, and Business Unit File ...........................................................................4-14
Reviewing an Existing Legal Jurisdictions ......................................................................................................4-15
Reviewing Legal Addresses for Legal Entities and Reporting Units ...............................................................4-16
Creating a Legal Authority ..............................................................................................................................4-17
Searching for Your Legal Entity......................................................................................................................4-18
Viewing a Legal Reporting Unit ......................................................................................................................4-20
Practices for Lesson 5: Configuring Oracle Fusion General Ledger ..........................................................5-1
Searching for Your Value Sets .......................................................................................................................5-3
Searching for Your Chart of Accounts Structure and Instance .......................................................................5-4
Entering Values ..............................................................................................................................................5-6
Searching and Completing Your Accounting Hierarchy .................................................................................5-7
Publishing Accounting Hierarchy....................................................................................................................5-9
Creating an Account Combination..................................................................................................................5-10
Defining Cross-Validation Rules.....................................................................................................................5-12
Verifying Your Calendar .................................................................................................................................5-15
Reviewing and Creating Currencies ...............................................................................................................5-16
Creating Conversion Rate Types ...................................................................................................................5-17
Entering Daily Rates ......................................................................................................................................5-18
Searching for Your Ledger .............................................................................................................................5-20
Verifying Your Ledger Options .......................................................................................................................5-21
Verifying Your Legal Entities and Balancing Segments Assignments ............................................................5-23
Defining Reporting Currencies .......................................................................................................................5-24
Completing the Ledger Configuration.............................................................................................................5-26
Creating a Ledger Set ....................................................................................................................................5-27
Copyright © 2015, Oracle and/or its affiliates. All rights reserved.
Oracle Financials Cloud: Financials Implementation I Table of Contents

i
Reviewing Data Access Set Security .............................................................................................................5-28
Creating Data Access Set Security ................................................................................................................5-29
Opening the First Accounting Period..............................................................................................................5-31
Creating an Allocation Rule ............................................................................................................................5-32
Generating an Allocation ................................................................................................................................5-43
Viewing a Financial Report in HTML ..............................................................................................................5-44
Configuring Two Account Group ....................................................................................................................5-46
Practices for Lesson 6: Configuring Oracle Fusion Intercompany .............................................................6-1
Setting Up a New Rule Demonstration...........................................................................................................6-3
Viewing Intercompany Balancing Rules and Ledger Balancing Options ........................................................6-4
Submitting and Reviewing Reconciliation Reports .........................................................................................6-7
Practices for Lesson 7: Configuring Business Units and Reference Data Sets .........................................7-1

Searching for Your Business Unit ..................................................................................................................7-3
Viewing and Creating Reference Data Sets Demonstration ...........................................................................7-5
Practices for Lesson 8: Configuring Oracle Fusion Subledger Accounting...............................................8-1
Reviewing Practice Overview .........................................................................................................................8-3
Creating an Invoice Demonstration ................................................................................................................8-5
Creating Invoice and Credit Memo .................................................................................................................8-7
Managing Account Rules ...............................................................................................................................8-9
Managing Description Rules ..........................................................................................................................8-11
Managing Journal Entry Rule Sets .................................................................................................................8-15
Managing Subledger Accounting Methods Demonstration ............................................................................8-17
Creating Accounting and Subledger Journals Demonstration ........................................................................8-19
Reviewing Subledger Journal Entries in General Ledger ...............................................................................8-21
Practices for Lesson 9: Configuring Oracle Fusion Tax ..............................................................................9-1
Viewing Calculated Tax on a Receivables Transaction Demonstration .........................................................9-3
Creating Tax Regime Data in a Spreadsheet Demonstration ........................................................................9-4
Creating a Minimum Tax Configuration ..........................................................................................................9-7
Creating Tax Setup Using the Tax Configuration Workbook ..........................................................................9-12
Using the Tax Simulator to Test a Receivables Transaction ..........................................................................9-16
Practices for Lesson 10: Configuring Oracle Fusion Payables ...................................................................10-1
Practices for Lesson 10: Overview .................................................................................................................10-2
Viewing an Existing Supplier Demonstration ..................................................................................................10-3
Provisioning a Data Role ................................................................................................................................10-4
Creating a Payment Term ..............................................................................................................................10-6
Managing Common Options for Payables and Procurement .........................................................................10-9
Managing Invoice Options ..............................................................................................................................10-11
Managing Payment Options ...........................................................................................................................10-13
Practices for Lesson 11: Configuring Oracle Fusion Payments - Payables ...............................................11-1
Practices for Lesson 11: Configuring Oracle Fusion Payments: Payables .....................................................11-2
Setting Up a Payment System .......................................................................................................................11-3
Setting Up Payments .....................................................................................................................................11-6
Submitting a Payment Process Request ........................................................................................................11-9
Practices for Appendix A: Common Application Topics ..............................................................................12-1

ii
Practices for Appendix A: Overview ...............................................................................................................12-2
Managing Oracle Social Network Objects Demonstration ..............................................................................12-3
Reviewing Legal Jurisdictions ........................................................................................................................12-4
Reviewing Legal Addresses for Legal Entities and Reporting Units ...............................................................12-5
Creating a Legal Authority ..............................................................................................................................12-6
Creating a Legal Entity ...................................................................................................................................12-7
Viewing a Legal Reporting Unit ......................................................................................................................12-9
Viewing and Creating Reference Data Sets ...................................................................................................12-10
Creating Value Sets .......................................................................................................................................12-11
Creating a Chart of Accounts Structure..........................................................................................................12-13
Creating a Chart of Account Structure Instance .............................................................................................12-16
Entering Values ..............................................................................................................................................12-20
Creating an Account Hierarchy ......................................................................................................................12-23

Creating a Calendar .......................................................................................................................................12-26
Creating a Primary Ledger .............................................................................................................................12-27
Specifying Ledger Options .............................................................................................................................12-28
Completing the Ledger Configuration.............................................................................................................12-30
Assigning Legal Entities and Balancing Segments ........................................................................................12-31
Practices for Appendix B: Integrations and Interfaces Highlighted ............................................................13-1
Practices for Appendix C: Oracle ERP Cloud Service ..................................................................................14-1
Practices for Appendix C ................................................................................................................................14-2

iii
Practices for Lesson 1:
Introduction to Oracle Fusion
Financials
Chapter 1
Practices for Lesson 1: Introduction to Oracle Fusion Financials

Chapter 1 - Page 1
Practices for Lesson 1
There are no practices for this lesson.
Practices for Lesson 1: Introduction to Oracle Fusion Financials

Chapter 1 - Page 2
Overview of Oracle Fusion
Functional Setup Manager
Chapter 2
Practices for Lesson 2: Overview of Oracle Fusion Functional Setup Manager

Chapter 2 - Page 1
Practices for Lesson 2: Overview
Practices Overview
In these practices, you will be:
• Getting Started in Oracle Fusion Applications.
• Browsing Offerings.
• Configuring Offerings Demonstration
• Creating an Implementation Project.
Use the following usernames with the password assigned by OU Operations for all activities
unless otherwise specified.
• Students: FASXX.Student where XX = 01 to 30

• Instructors: FASXX.Instructor where XX = 00, 99
If the Navigator does not allow scrolling or closes before you can get to the items that are at the
bottom of the box, use the following work around:
• Use Internet Explorer (IE).
• Use F11 function to maximize the screen.
• Use Control and Scroll Down to minimize screen.

Chapter 2 - Page 2
Installing XUL Manager for Firefox
You must add the correct URL into the Remote XUL manager to use Firefox for your practices.
a. Go to D:/Downloads and drag the remote_XUL_manager into Firefox.
Tip: Drag the link to the Firefox icon. It will ask if you want to install it.

b. Click the Install Now button.

Chapter 2 - Page 3
c. Go to Firefox menu > Tools > Web Developer > Remote XUL Manager.

Chapter 2 - Page 4
d. Click Add to allow the following URLs:
1) https://adc-fapXXXX-bi.oracledemos.com (where XXXX is the environment you are
using.)
2) https://adc-fapXXXX-bi.oracledemos.com/workspace/
3) oracledemos.com

Chapter 2 - Page 5
Getting Started in Oracle Fusion Applications
Overview
In this practice you are introduced to Oracle Fusion Applications and the basic navigation
features.
Assumptions
Sign in as your FASXX.Student user as assigned by the instructor.
Tasks
1. Select Applications Login for all labs unless otherwise instructed.

Chapter 2 - Page 6
2. Sign in as Your User (as assigned by the instructor).

3. Click the Sign in button.
4. After you sign in, you start on the Welcome springboard, which contains one or more
infotiles.
5. Use infotiles to navigate to relevant pages
6. Click on the Receivables infotile to see the pages available.
7. Click on My Dashboard tile to open the Welcome Dashboard. The first tab on the home
page is always the Welcome dashboard, which you can configure. You may have other
dashboards, depending on your roles.
8. The global area at the top of the page, above the dashboard tabs, is always available no
matter where you are in Oracle Fusion Applications.
9. Use the menus, icons, and tabs at the top in the global area provide access to features
relevant to any page in Oracle Fusion Applications.

Chapter 2 - Page 7
10. Use the Accessibility icon to set accessibility preferences, which you can also access
through the Personalization menu found under your username.
11. Use the Show Help icon to toggle on or off Oracle Fusion Applications Help. The Help
icons appear within the pages when toggled on and give you access to page- or field-
related help topics.
12. The Search icon in the global area lets you run a quick keyword search and, from the
search results, navigate to the page that contains what you are looking for.
13. Click In the Search field. A window opens with Recent Items and Recent Searches.

Chapter 2 - Page 8
14. Click the Personalize gears in the upper right hand corner to open a window where you can
narrow your search by groups or categories.

15. Enter Navigate in the search field and click Enter.
16. Review the topics that appear. Open one of the topics.
17. Close the topic and the Search Results window.

Chapter 2 - Page 9
18. Select your username > Set Preferences. You can set other preferences such as time
zone and language. Also, where available, you can personalize the content and layout of
the current page.

19. Click the Applications Help link. A new tab opens on the browser.
20. Enter Desktop Pages in the search box. Click Search.
21. Click and watch the video Exploring the Desktop Pages.
The video does not run within the Oracle University and some client firewalls. Note the
name and search for it on Google on your laptop.
22. Close the tab that opened to display help.
23. Click the Navigator icon > General Accounting: Journals link. The Journals work area
appears.
Note: A work area contains the complete set of tasks, reports, embedded analytics,
searches, or other content that you need to accomplish the tasks associated with a
business goal. Work areas consist of many regions.
− The regional area is located on the left side. What you do in the regional area, for
example, searching for an invoice, affects what is displayed in the local area, which
is in the middle.
− The local area is where you do your work.
24. Check the Data Access Set under the title, Journals, at the top of the page.
25. If it is not set to US Primary Ledger, click the Change link next to the Data Access Set
and select US Primary Ledger.
26. Click the Manage Journals link.

Chapter 2 - Page 10
27. In the Search region, enter Accounting Period: 01-14.
28. Click the Search button.
29. Click the first Journal link.
30. After the journal loads, click the first journal line.
31. Click the Refresh icon in the contextual pane on the far right side of the page. When
you select a record, any contextual information for the record is displayed in the contextual
area on the right hand side of the work area. The contextual area content is driven by
what you do in the local area.

32. The Balances pane (contextual area) is displayed and can show additional information
specific to the selected journal line.
33. As needed, you can resize or collapse the regional or contextual area to dedicate more
space to the local area.
34. Click the Collapse Pane button in the center of the page on the right.
35. Click the Home icon.
36. Click your username and then the Sign Out link to sign out to end your session of Oracle
Fusion Applications.

Chapter 2 - Page 11
Browsing Offerings
Overview
In this practice, you will understand the Oracle Fusion Offerings.
You are an Implementation manager for your Oracle Fusion Financials implementation. In
preparation for implementation, you need to review the Financials offering.
Assumptions
Tasks
1. Sign in as Your User (as assigned by the instructor).
2. Click the Navigator > Setup and Maintenance.

3. Click the Getting Started link in the Tasks panel.
Note: The Getting Started page lists all Oracle Fusion offerings and allows users to
analyze implementation requirements. All roles that have access to the Setup and
Maintenance work area have permission to access this page. This includes Application
Implementation Consultant, Application Implementation Manager, and all Application
Administrator roles such as Customer Relationship Management, Application Administrator,
and Financial Application Administrator.
4. Hover over Financials to view a description of it. A description of the offering is displayed.
5. Click the Financials button.
• Offering Content Guide describes all processes related to this offering.
• Associated Features shows a list of features and functionality of this offering that can
optionally be implemented.
• Setup Task Lists and Tasks show a complete list of all setup tasks, including
prerequisites that should be performed to make this offering ready for transaction.
• Related Business Objects shows a complete list of all setup data, including
prerequisites that should be entered for this offering.
• Related Enterprise Applications shows a list of all J2EE applications required to
setup this offering.
6. Click PDF icon to view one of the predefined reports. These reports are available as PDF,
HTML or Excel documents.
7. Click the Open button.
8. The report is displayed in a PDF format. Click the X in the corner to close the report.
9. Click the Done button twice to return to the Setup and Maintenance Overview page.

Chapter 2 - Page 12
Configuring Offerings Demonstration
Overview
In this demonstration, the instructor will be:
• Reviewing the Configure Offerings page.
• Expanding to see the options.
• Viewing the Select Feature Choices option.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Tasks panel > Implementations > Configure

Offerings.
The Configure Offerings page shows a list of the same offerings that you have seen on
the Getting Started page. You must have the Application Implementation Manager or
Application Implementation Consultant role to have permission to configure offerings.
The Provisioned column shows whether an offering is installed.
2. Click the Description icon on Financials offering to view a description of the offering.
For this particular offering, you can manage financial flows and set up subledger accounting
and tax configuration.
3. Click the Done button.
4. Click the Expand > Financials link to find its optional modules, called Options. Not all
options are applicable to all businesses.
Note: An Oracle Fusion Applications implementation may include all, none, or any
combination of the optional modules. If an offering does not have optional modules, a folder
icon is not displayed. Optional modules are displayed in a hierarchy. You can expand
further, where applicable, to find the next level of options.
5. Click the Financial > Expand > Financial Business Intelligence Analytics link.
6. Select the Financials > Enable for Implementation checkbox option, if not selected, to
specify which offerings and options are applicable to your implementation. Your selection
affects how Functional Setup Manager generates setup tasks for your implementation. All
tasks needed to set up your selection are included in the autogenerated task list. Tasks that
are not needed by the offerings and options you have selected are excluded.
7. Select the Financials > Financial Business Intelligence Analytics > Enable for
Implementation checkbox option if not selected.
8. Click the Financials > Select Feature Choices icon in the last column on the right to
review where you can perform more granular configuration.
9. In the Warning window, the configuration changes to the offering must be saved first before
opening the requested page. If a “Do you want to continue?” message appears, click
Yes.
10. Select Feature Choices typically represent optional or alternative business processes,
which may not apply to every Oracle Fusion Applications implementation.

Chapter 2 - Page 13
11. Some of the features may have other dependent features. You select progressively for
those dependent features. For example, the Local Installation of Help Options region has
other dependent features that are relevant only if the feature is selected. Therefore, when
you select Local Installation of Help, additional features are presented for selection.
12. To lock all feature selections at once, click the Lock All Selections button.
13. You can also reset any change you make to the last saved selection.
14. Click the Cancel button to close the page without changes.
The Implementation Status column indicates the current status of the implementation. The
default status is set to Not Started, which you can change if the offering has been enabled
for implementation.
The Financials implementation has been started, so you see a status of In Progress.
15. Click the In Progress option to review the options.
16. Click the Cancel button.
You are now ready to generate setup tasks and start implementing the offerings of your

choice.

Chapter 2 - Page 14
Creating an Implementation Project
Overview
In this practice, you create an implementation project. An implementation project defines the
scope of the implementation. You can have the implementation project populated by adding one
or more related offerings or task lists.
In this example, you will be adding the Financials offering and required product task lists.
Assumptions
Tasks
1. Log in as Your User.

2. Navigate to: Setup and Maintenance > Manage Implementation Projects.
3. Click the Create icon on the toolbar in the Search Results region.
4. Change the default name to: XXImplementation Project, replacing XX with the number
assigned to you by your instructor.
5. As you press the Tab key to move out of the Name field, the Code and Description fields
are populated for you. Leave all default values.
6. Click the Next button. The Create Implementation Project: Select Offerings to
Implement page appears.
7. Expand the Financials offering.
8. Select the Include check box for Financials, and all of the nested offerings.
9. Click Save and Open Project.

10. Expand the Financials task list and view the implementation tasks that were included in the
Financials offering.
11. Click the Select and Add icon.
12. Enter Name: %Rapid%.
13. Click Search.

Chapter 2 - Page 15
14. Select Define Financials Configuration for Rapid Implementation.
15. Click Apply.
16. Click Done.
17. Click Done to close the Manage Implementation Projects page.

Chapter 2 - Page 16
Security Overview
Chapter 3
Practices for Lesson 3: Security Overview

Chapter 3 - Page 1
Practices Overview
• Reviewing a Role Template Demonstration.
• Defining Role Mapping.
• Creating a User.
• Creating an Employee.
Note: If you are a Financials only customer, you use the Manage Users page to enter users and
employees. This enables approvals because you need to assign a Department, Manager, and
Position, so on to the user depending on how you want to structure your approval rules.
If implementing Financials and HCM, then you use the Hire New Person page as we are
showing in this practice.

Chapter 3 - Page 2
Reviewing a Role Template Demonstration
Overview
In this demonstration, the instructor will show a role template..
Assumptions
Sign in as your FASXX.Instructor user.
Tasks
1. Navigate to: Setup and Maintenance > All Task > Manage Role Templates > Go to
Tasks.
2. The integrated Authorization Policy Manager appears.
3. Expand Global > Role Templates >- Open (the folder icon on top of the panel).

4. Search - Role Templates page appears.
5. Perform a search using Fin% in Name field.
6. Click Search.
7. The Financial templates appear in the Search Results table.
8. Select the Financials Common Module Template for Business Unit Security.
9. Click Open.
10. Review the tabs.
General Tab
11. Review the following data:
• Template Name (required).
• Display Name (required).
• Description (optional).
• Template Group (optional): This attribute allows searching templates by group and the
simultaneous running of the templates in a group.
External Role Tab

12. Add existing roles that you want to map to data security policies to.
13. Review the external roles for this template.
14. In the Roles area, click Add to display the Add External Role dialog box where you can
search for external roles matching FIN in the Display Name.
15. Review roles from the results of the query.
16. Click Cancel.
Dimension Tab
17. Review the SQL that identifies the dimensions of this template.
The user must have access privileges to the data queried. The data returned by that SQL is
displayed in the Preview Data table. Optionally, you can enter aliases for the column
names of the returned data in the Column Display Names table at the bottom of the page.

Chapter 3 - Page 3
Naming Tab
18. Review the rule to follow to generate names of the data roles created by the template.
− These names are put together by concatenating several strings that you specify in the
area Configure Role Name.
− Typically, one chooses an attribute of the base role and an attribute of the dimension
(such as SET_ID, SET_CODE, or SET_NAME as seen in the example).
− The role attributes Role_Code, Role_Name, and Role_Descrip are available as the
default setting. The resulting names must be unique.
19. Review the rule to generate display names for the data roles created by the template.
− These names are put together by concatenating several strings that you specified in the
Configure Display Name area.
− The resulting names need not be unique, but it is recommended that you specify enough

attributes to make them unique too.
20. Optionally, you can enter a description for the roles generated.
Policies Tab
21. Review the rules to create data set grants.
22. In the Base Roles area reviews the role which is the same as the External Role above.
23. In the Database Resource area, review the object to be secured by the generated data
security grants.
24. On the Data Sets tab, review the primary key.
You can also use an instance set. The instance set is selected from the available instance
sets associated with the resource, which are defined at the time of resource creation, and
how the data set is mapped to a dimension attribute.
25. In the Actions tab, review the actions allowed on the database resource.
Summary Tab
26. Preview the data roles.
27. Click Revert to discard your changes.
Note: If you wanted to save changes, you would use the Apply button and then the
Generate Roles. If the template passes validation, the template is saved, and the
Summary tab is enabled.

Chapter 3 - Page 4
Defining Role Mapping
Overview
In this practice, you will define a role mapping before you create users to automatically assign,
reassign, and remove roles from users based on the conditions you specify.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Tasks panel > Query your XXImplementation
Project > Define Common Applications Configuration for Financials > Define Security
for Financials > Define Users for Financials > Manage HCM Role Provisioning Rules
> Go to Task.

2. In the Manage Role Mappings page, click the Create icon.
3. Specify a Mapping Name: XXAccounting Manager.
4. Specify the following conditions that apply to automatically assign roles to users as they get
hired, change jobs, or change managers.
• Legal Employer: US1 Legal Entity.
• Business Unit: US1 Business Unit.
• Job: Accounting Manager.
• System Person Type: Employee.
• User Person Type: Employee.
• Assignment Status: Active – Payroll Eligible.
Note: See the following screenshot for an example.

Chapter 3 - Page 5
5. In Associated Roles click the Add Row icon.
6. Assign the Role Name: General Accountant US Primary Ledger.
7. The system automatically assigns. For subledger users, the data role should have the
business unit context. For GL users, the data role should have the data access set context.
8. Check the appropriate check boxes:
• Requestable: HR specialists and line managers can provision roles manually to other
users. Only line managers that satisfy all conditions associated with the role mapping
can manually assign roles to users.
• Self-requestable: A user can request the role be assigned to them.
• Autoprovision: The role automatically assigned to the user when they meet all the
conditions you specified.
9. Click Save and Close, then Done.
10. Run the Autoprovision Roles for All Users process if you want to have the system

automatically provision this role to all users who do not already have the role assigned.
11. Navigate to: Tools > Schedule Processes > Schedule New Process > search for
Auto% > select Autoprovision Roles for All Users > OK > Submit > Close.

Chapter 3 - Page 6
Creating a User
Overview
In this practice, you will create a user.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Query your XXImplementation Project > Define
Common Applications Configuration for Financials > Define Security for Financials >
Define Users for Financials > Manage Users > Go to Task.
2. Click the Create icon.

3. Enter the user details:
• Last Name: Manager.
• First Name: XXAccounting.
• Email: XXaccounting.manager@vision.com.
• User Name: XXAccounting.Manager where XX is the number assigned by your
instructor.
• Person Type: Employee.
• Business Unit: US1 Business Unit.
• Job: Accounting Manager.

Chapter 3 - Page 7
4. Click the Autoprovision Roles button.
You should see the Employee role as defined.

5. Click Save and Close.
6. Sign Out.

Chapter 3 - Page 8
Creating an Employee
Overview
In this practice you will create employees from HCM’s Hire an Employee page.
Note: The Person defining a new user in HCM should first have following roles assigned to
him in Fusion.
Assumptions
Tasks
1. Navigate to: My Workforce > New Person
2. Click the Hire an Employee link.

3. Enter the following required fields:
• Accept default Hire Date.
• Accept default Hire Action: Hire.
• Last Name: Employee
• First Name: XXUser (where XX is the number assigned by your instructor.)
4. Click Next.

Chapter 3 - Page 9
5. Enter Address details: 100 Main Street, Genoa, TX 77034 Harris County.

6. Enter Type: Work E-Mail
7. Enter E-Mail: XXUser.Employee@oracle.com.
8. Click Next.
9. Select Business Unit: US1 Business Unit.
10. Enter Department: Accounting US.
11. Enter Location: Chicago.
12. Scroll down and expand Expenses Information. (This is needed for Expense Reporting.)
13. Enter the Default Expense Account: 101.10.60501.121.000.000

Chapter 3 - Page 10
14. Expense Check Send-to Address: Home
15. Click Next. The Employee role will be automatically assigned.

16. Click Next.
17. Click Submit.
18. Click OK to proceed.
19. Navigate to: Directory > Person Gallery.

20. Note: If you can’t see the entire Navigator. Use Control and Scroll Down to minimize
screen.
21. Search for your employee.

Chapter 3 - Page 11

Chapter 3 - Page 12
Overview of Common
Applications Configuration
Chapter 4
Practices for Lesson 4: Overview of Common Applications Configuration

Chapter 4 - Page 1
Practices Overview
• Reviewing Shared Components.
• Entering Data in the Rapid Implementation Spreadsheet.
• Uploading the Chart of Accounts File.
• Deploying a Chart of Accounts Demonstration.
• Uploading the Ledger, Legal Entity, and Business Unit File.
• Reviewing an Existing Legal Jurisdiction.
• Reviewing Legal Addresses for Legal Entities and Reporting Units.
• Creating a Legal Authority.

• Searching for Your Legal Entity.
• Viewing a Legal Reporting Unit.
Instructor Setup: Disable the Cross-validation rule.

1. Navigate to: Setup and Maintenance > Manage Cross-Validation (Hint: Enter “Cross” in
the search field.)
2. Select the US Chart of Accounts.
3. Search.
4. Uncheck the Enabled check box.
5. End date with yesterday’s date in the To Date.
6. Save and Close.

Chapter 4 - Page 2
Reviewing Shared Components
Overview
In this practice, you review the chart of accounts, calendar, and currencies (called the 3 Cs) as
well as journal source and category setup that are shared across the ledger and related
subledgers by creating a journal entry.
Assumptions
Tasks
1. Navigate to: General Accounting > Journals.
2. Verify you are in the Data Access Set: US Primary Leger. The Data Access Set controls
the ledger and data you have access to.

3. Click the Create Journals link.
4. Enter a Journal Batch name: XXAdjustment and a Description: Adjustment to the cash
account.
5. What Accounting Period is defaulting? ________________.This is the current open
period in the ledger’s calendar.
6. What is the default journal Source? ________________
7. Enter the same name and description in the Journal region.
8. Click the Currency list icon to see the enabled currencies.
9. Click the Category list icon to see the predefined categories.
10. Select the Category: Adjustment.
11. In the Journal Lines region, click the Select: Account icon at the end of the Account field
on Line 1 in the Journal Lines region to show the segments and default values of an
accounting flexfield. The Account is created by combining segment values from your chart
of accounts setup.
12. Select 11200 Cash in the Account segment.

Chapter 4 - Page 3
13. Click OK. The account is displayed with a segment separator you can define between each
segment value.
14. Enter 1000 in the Debit column. This amount is posted to the Cash account when the
journal is posted.
15. Tab twice to complete the line.
16. Click the Select: Account icon on Line 2 and select 11101 USBNK Checking Account.
17. Click OK.
18. Enter 1000 in the Credit column. Tab twice to complete the line.

19. Click the Post button to save and post the journal entry.
20. Click OK in the confirmation approval message.
21. Click the Cancel button to exit the page.

Chapter 4 - Page 4
Entering Data in the Rapid Implementation Spreadsheet
Overview
In this practice, you will enter data to create your chart of accounts, ledger, legal entity, and
calendar replacing XX with the number assigned by your instructor.
Rapid implementation is a way to configure the Oracle Fusion Financial Enterprise and
Financial Reporting Structures quickly using sheets in a workbook to upload lists of companies
(legal entities), ledgers, business units, chart of account values, and other similar data.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Implementation Projects >

XXImplementation Project > Financials > Define Financials Configuration for Rapid
Implementation > Create Chart of Accounts, Ledger, Legal Entities, and Business
Units in Spreadsheet > Go to Task.
2. Click Open. The Instructions tab opens first. It contains instructions on loading the data
and uploading the spreadsheet.
3. Click the Options button in the Security Warning immediately under the ribbon menu bar
and select the Enable this content option.
4. Save the file to the Desktop and name
XXRapidImplementationForGeneralLedger(1).xlsm.
5. Click the COA, Calendar, and Ledger tab on the bottom of the spreadsheet.
6. Enter the following data or select from drop-down lists on available fields. Save often.
Field Value
*Name XXLedger
*Currency USD
Period Frequency Monthly
*Adjusting Periods Once at year end
*Fiscal Year Start Date 01/01/YYYY where YYYY is the current year

Chapter 4 - Page 5
*Segment Segment Label *Short Prompt *Display Width
XXCompany Primary Balancing Segment CO 2
XXDepartment Cost Center Segment DEP 3
XXAccount Natural Account Segment ACCT 4
XXIntercompany Intercompany Segment IC 2
7. Save.
8. Click the Add Segment Sheets to add a worksheet for the cost center segment called
XXDepartment.

9. Save.
10. Click the Business Units tab.
11. Enter Name: XXBusiness Unit.
12. Enter Default Legal Entity Name: XXVision Corporate HQ
13. Save.
14. Click the Companies and Legal Entities tab and enter:
Note: This table has the field names going across and the line data going down. For
example, Line 1 is Parent 1:99, Company Description: Total Company.
Column Line 1 Line 2 Line 3
Parent 1 99
*Child Value 00 01
*Company Total Corporate Domestic

Description Company Operations
Legal Entity Name XXVision Corporate XXVision

HQ America
Legal Entity XX-1234568 XX-1234569

Identifier
Address for first Country: United States Address

legal entity: Line:XX101 Main Street
City: Houston State: TX Country: Harris
Province: NA Postal Code: XX003
Address for first Country: United States Address Line:

second entity: XX102 Main Street
City: Houston State: TX Country: Harris
Province: NA Postal Code: XX003

Chapter 4 - Page 6
Column Line 1 Line 2 Line 3
*Legal Entity XX-1234568 XX-1234569

Registration
Number
*Legal Reporting XX-1234568 XX-1234569

Unit Registration
Number
15. Save.
16. Click the Natural Accounts tab and enter:

Account Financial
Column Value Description
Type Category
Owner’s
Parent 2 9999 Total Parent
Equity
Parent 1 1000 Total Assets Asset
*Child Value 1110 Cash Asset-Cash Cash
Accounts Asset-Accounts Accounts

*Child Value 1210
Receivable Receivable receivable
Allowance for Bad Accounts

*Child Value 1260 Asset
Debt receivable
Asset- Accounts
*Child Value 1350 Prepayment
Prepayments payable
Total Trade
Parent 1 2000 Liability
Payables
Accounts Liability- Accounts

*Child Value 2210 Accounts
Payable Payable payable
Contracts Accounts
*Child Value 2220 Liability
Payable payable
Expense Accrual Accounts

*Child Value 2230 Liability
Distribution payable
Accounts
*Child Value 2640 Sales Tax Liability
payable

Chapter 4 - Page 7
Account Financial
Type Category
Total Owner’s Owner’s

Parent 1 3000
Equity Equity
Retained Owner’s Equity – Retained

*Child Value 3310 Retained
Earnings Earnings earnings
Translation Owner’s
*Child Value 3500 Other equity related
Adjustment Equity
Parent 1 4000 Total Revenue Revenue

Technology
*Child Value 4110 Revenue Sales revenue
Sales
Financing
*Child Value 4120 Revenue Sales revenue
Contracts
Parent 1 5000 Total Expense Expense
*Child Value 5105 Salaries Expense Sales payroll
Other
*Child Value 5120 Suspense Expense operating
expenses
Expense -
Realized Realized
Other sales
*Child Value 5130 Gain/Loss on
Gain/Loss expenses
Foreign Currency
Conversions
*Child Value 5610 Freight Expense –Freight Freight Expense
Expense - Miscellaneous
*Child Value 5620 Miscellaneous Miscellaneous operating
Expenses expenses
Expense - Other sales

*Child Value 7790 Discount Taken
Discount Taken expenses
Expense -
Conversion Rate Conversion Rate Other sales
*Child Value 7890
Variance Gain/Loss Variance expenses
Gain/Loss

Chapter 4 - Page 8
Account Financial
Type Category
Expense -
Rounding Rounding
Other sales
*Child Value 7990 Difference and
Differences expenses
Balancing
Adjustments
17. Save.
18. Click the Financial Sequences tab and enter:

Transactions Restart Initial Value
Payables Invoices Annually 1
Payments
Receivables Invoices Annually 1
Receivables Credit Memos Annually 1
Receivables Adjustment Activities Annually 1
Subledger Journals Annually 100
General Ledger Journals Annually 1
19. Save.
20. Click the XXDepartment tab and enter:
Column Name Value Child Value Description
Parent1 999 Total Departments
*Child Value 000 Balance Sheet
*Child Value 110 Administration
*Child Value 120 Sales
*Child Value 400 Corporate
21. Save.

Chapter 4 - Page 9
22. Return to the COA, Calendar and Ledger tab.
23. Click Step 1: Validate.
24. Correct any errors and validate again until all errors are fixed.
25. Click the Step 2: Generate Chart of Accounts File button.
26. Save to the Desktop and name the file:XXChartOfAccounts.zip.
27. Click the Step 3: Generate Ledger, LE, and BU File button.
28. Save to the Desktop and name the file: XXFinancialsCommonEntities.zip.
29. Close the spreadsheet.

Chapter 4 - Page 10
Uploading the Chart of Accounts File
Overview
In this practice, you upload the Chart of Accounts file created from the rapid implementation
spreadsheet.
Assumptions
You are uploading the Chart of Accounts file created from your spreadsheet data in the
previous activity. The application will use this upload to create the chart of accounts structure,
instance, value sets, and values.
Tasks
1. Navigate to: Tools > Setup and Maintenance > Manage Implementation Projects >

XXImplementation Project > Financials > Define Financials Configuration for
Rapid Implementation > Define Common Financials Configuration for Rapid
Implementation > Upload Chart of Accounts > Go to Task.
2. Use the Data File: Browse button to find your XXChartOfAccounts.zip file.
3. Click Submit.
4. Click OK confirmation number message.
5. Click Done to close.
6. Navigator > Tools > Scheduled Processes.
7. Verify that the process was completed without errors or warnings. Status should be
Succeeded.
8. If your spreadsheet completes with an error, click the Name of the process.
9. Click the name of the Attachment in the Log and Output region at the bottom of the
window that opens on under the list of processes.
Common errors are:

− Parent and child data not entered correctly.
− Extra spaces after some of the values.
− Incomplete data.

Chapter 4 - Page 11
10. Double check the data and fix any errors in the spreadsheet.
11. Re-create the files and upload again.
12. Click No to the information window question.

Chapter 4 - Page 12
Deploying a Chart of Accounts Demonstration
Overview
In this demonstration, the instructor deploys all charts of accounts key flexfield. Wait for all the
students to finish their chart of accounts. Then run the process.
Note: If you are creating a chart of accounts outside the classroom environment, you need
to run this process when you finish so you can use your new chart of accounts.
Assumptions
The deployment process deploys all charts of accounts key flexfields in the instance. It must be
run after creation or edits have been performed on the chart of accounts structure or structure
instance.
If there are errors, fix the errors including completing incomplete chart of accounts. Continue

running the process until it completes successful.
Tasks
XXImplementation Project > XXImplementation Project > Define Financials
Configuration for Rapid Implementation > Define Common Financials Configuration
for Rapid Implementation > Deploy Chart of Accounts > Go to Task.
2. Click the Search button without entering in the search fields.
3. Use the scrollbar to move to the right to look for the column called Deployment Status.
4. Place the cursor on the icon under the heading. If it indicates Edited or Patched which
means there has been activity on the Accounting Flexfield.
5. Click the Deploy Flexfield button.
6. Monitor deployment status.
7. When 100% is reached, click the OK button.
8. Verify that a green check mark appears under the Deployment Status column.
9. If there are errors, fix the errors including completing incomplete chart of accounts.
Continue running the process until it completes successful.

Chapter 4 - Page 13
Uploading the Ledger, Legal Entity, and Business Unit File
Overview
In this practice, you will learn how to upload the Ledger, Legal Entity, and Business Unit file
created from the rapid implementation spreadsheet.
Assumptions
Tasks
XXImplementation Project > XXImplementation Project> Define Financials
Configuration for Rapid Implementation > Define Common Financials Configuration
for Rapid Implementation > Upload Ledger, Legal Entities, and Business Units > Go

to Task.
2. Use the Browse button to find your XXFinancialsCommonEntities.zip file.
3. Click Submit.
4. Click Ok in the confirmation message.
5. Click Done to close.
6. Navigator > Tools > Scheduled Processes.
7. Verify that the process completed without errors or warnings. Use the refresh button if
needed until the process completes.
Note: If your spreadsheet completes with an error:
8. Click the Name of the process.
9. Click the name of the Attachment in the Log and Output region at the bottom of the
window that opens on under the list of processes.
Common errors are:
− Parent and child data not entered correctly.
− Extra spaces after some of the values.
− Incomplete data.
10. Double check the data and fix any errors in the spreadsheet.
11. Re-create the files and upload again.

Chapter 4 - Page 14
Reviewing an Existing Legal Jurisdictions
Overview
In this practice, you will review legal jurisdictions. Legal jurisdictions and related legal authorities
are defined to support multiple legal entity registrations.
Assumptions
Tasks
1. Navigate to: Home > Navigator > Tools > Setup and Maintenance > Manage
Implementation Projects > XXImplementation Project > Financials > Define Common
Applications Configuration for Financials > Define Enterprise Structures for
Financials > Define Legal Jurisdictions and Authorities for Financials > Manage

Legal Jurisdictions > Go to Task.
2. Select Income Tax in the Legislative Category list.
4. Sort ascending the Name column.
5. Select the link for one of the legal jurisdiction to view the details.
6. View the following fields:
• Name.
• Territory.
• Legislative Category. Hover over the question mark in front of the field to see the
embedded help: This represents the type of law associated with a given registration.
• Identifying: Yes indicates the first jurisdiction a legal entity must register with to do
business in a country.
• Start Date is optional. You can also add an End Date to indicate a date that the
jurisdiction may no longer be used.
• Legal Entity Registration Code.
• Legal Reporting Unit Registration Code.
• Legal Functions. Optionally, you may enter one of more.
7. Select Cancel.

Chapter 4 - Page 15
Reviewing Legal Addresses for Legal Entities and Reporting Units
Overview
In this practice, you will review an existing legal address for legal entities and reporting units.
A legal address is the address a legal entity or reporting unit uses to register with a legal
authority. A legal entity and reporting unit may use different addresses for different authorities
and hence, may have more than one registered address. This legal address must be located
within the territory entered.
Assumptions
Tasks

XXImplementation Project > Financials > Define Common Applications Configuration
for Financials > Define Enterprise Structures for Financials > Define Legal
Jurisdictions and Authorities for Financials.
2. Click Go to Task for Manage Legal Addresses.
3. Search Country: United States.
4. Select a row header for an address entry.
5. Select Edit.
6. View the Location Update fields.
7. Click Cancel to close the Location Update window.
8. Do not save any updates.
9. Click Cancel to close the Manage Legal Addresses window.

Chapter 4 - Page 16
Creating a Legal Authority
Overview
In this practice, you will create a legal authority.
Assumptions
2. Click Go to Tasks for Manage Legal Authorities.
3. Click Create.

4. Enter Name: XXLegal Authority, replacing XX with the number assigned to you by your
instructor.
5. Enter Tax Authority Type: Collecting and reporting.
6. In the Address region, select Create.
7. The Site Number is automatically assigned.
8. Enter Address Line 1, 121 Spear Street, Suite 400.
9. Enter Postal Code: 94105. The remainder of the address fields populate for you.
Optionally, Enter Address Purposes Details

10. Select Add Row.
11. Select Purpose: Business.
12. The Purpose from Date will default to today's date.
13. Select OK to close the Create Address window.
14. In the Legislative Categories region, select Create.
15. Enter Legislative Category: Local Tax.
16. Select Save and Close.

Chapter 4 - Page 17
Searching for Your Legal Entity
Overview
In this practice, you will review and edit your legal entity and legal entity registration that were
created when you uploaded your spreadsheet.
You define a legal entity for each registered company or other entity recognized in law for which
you want to perform intercompany trading, record assets, liabilities, and income, or pay
transaction taxes.
A legal entity registration is the record of a party's identity related details with the appropriate
government or legal authorities for the purpose of claiming and ensuring legal and or
commercial rights and responsibilities.
A legal entity registration with the same name as that of the legal entity will be created by
default.

Assumptions
Working within an implementation project is required because you must select a scope value
from within the implementation project. In this example, the scope value is the legal entity that
you create or select to work within for your legal entity setup.
Tasks
1. Navigate to: Navigator > Tools > Setup and Maintenance > Manage Implementation
Projects > XXImplementation Project > Financials > Define Common Applications
Configuration for Financials > Define Enterprise Structures for Financials > Define
Legal Entities for Financials.
2. In order to review your legal entity, click the hyperlink in the Selected Scope column for
the Manage Legal Entity task.
3. The Select Scope window appears.
4. Select Search Legal Entities radio button.

5. Click Apply and Go to Task button.
6. Search Name: XX.
7. You are now on the Manage Legal Entities page.
8. Select your legal entity, XXVision America, and click the Edit icon.
9. If your legal entity needs to be registered to report payroll tax and social insurance, select
the Payroll statutory unit check box.
10. If your legal entity has employees, select the Legal employer check box.

Chapter 4 - Page 18
11. If the legal entity is a legal employer, but not a payroll statutory unit, check the flags
accordingly. You will need to select the payroll statutory unit for the attribute that becomes
mandatory.
13. To set the scope to the new legal entity, click the hyperlink in the Selected Scope column
for the Manage Legal Entity Registrations.
14. The Select Scope window appears. With the Manage Legal Entity Registrations option
selected, select Select and Add from the Legal Entity drop down list.
16. Search and select your XXVision America.
17. Click the Save and Close button on the very bottom of the window.
18. Manage Registrations page opens. If it does not open, perform the following steps:
19. Click Done.

• Select Go To Task for Manage Legal Entity Registrations. The name of your
XXVision America should appear in the page next to the page title.
• If not, go back and set Scope again.
20. Select the row header for Registered Name: XXVision America.
21. Select Edit to view the Legal Entity Registration details. View the fields.
22. Click Cancel.

Chapter 4 - Page 19
Viewing a Legal Reporting Unit
Overview
In this practice, you will learn how to create a reporting unit.
When a legal entity is created, a legal reporting unit with the same name as that of the entity is
also automatically created.
Assumptions
Tasks
Legal Reporting Unit


for Financials > Define Enterprise Structures for Financials > Define Legal Entities for
Financials > Define Legal Reporting Units for Financials.
2. Expand Define Legal Reporting Units for Financials.
3. To set the scope for the legal entity, click the hyperlink in the Selected Scope column for
the Manage Legal Reporting Unit.
5. Select the Manage Legal Reporting Unit option.

6. Select Legal Entity: XXVision America.
7. Select Legal Reporting Unit drop down box: Select and Add.
9. Select the row header for XXVision America.
10. Click the Save and Close button in the very bottom of the window.
The name of your XXLegal Entity should appear in the page next to the page title. If not, go
back and set scope again.
11. View the details.
12. Click Cancel.

Chapter 4 - Page 20
Configuring Oracle Fusion
General Ledger
Chapter 5
Practices for Lesson 5: Configuring Oracle Fusion General Ledger

Chapter 5 - Page 1
Practices Overview
• Searching for Your Value Sets.
• Searching for Your Chart of Accounts Structure and Instance.
• Deploying a Chart of Accounts Demonstration.
• Entering Values.
• Searching and Completing Your Accounting Hierarchy.
• Creating an Account Combination.
• Defining Cross-Validation Rules.
• Verifying Your Calendar.

• Reviewing and Creating Currencies.
• Creating Conversion Rate Types.
• Entering Daily Rates.
• Searching for Your Ledger.
• Verifying Your Ledger Options.
• Verifying Your Legal Entities and Balancing Segments Assignments.
• Defining Reporting Currencies.
• Completing the Ledger Configuration.
• Creating a Ledger Set.
• Reviewing Data Access Set Security.
• Creating Data Access Set Security.
• Opening the First Accounting Period.
• Creating an Allocation Rule.
• Generating an Allocation.
• Viewing a Financial Report in HTML.
• Configuring an Account Group.

Chapter 5 - Page 2
Searching for Your Value Sets
Overview
In this practice, you will view your three values sets for your chart of accounts: XXCompany,
XXDepartment, and XXAccount replacing XX with your initials.
Value sets are created as the first step in the chart of accounts configuration. The value sets are
then assigned to the chart of accounts instance. Do not create values until after assigning your
values sets in chart of accounts segments because this step is needed to establish which value
set attributes should be exposed for setting when defining a value.
Assumptions
Tasks

for Financials > Define Enterprise Structures for Financials > Define Financial
Reporting Structures > Define Chart of Accounts > Manage Chart of Accounts Value
Sets > Go to Task.
2. Search for your value sets. Enter Value Set Code: XX.
3. Click Search.
4. Click the Edit button to look at each value set.
5. Select the Uppercase only check box for each value set.
6. Click Save and Close button twice.

Chapter 5 - Page 3
Searching for Your Chart of Accounts Structure and Instance
Overview
In this practice, you will search for your chart of accounts structure and structure instance called
XXLedger, created from your spreadsheet.
The Chart of accounts structure defines the framework for one or more chart of accounts
instances.
Assumptions
Tasks

Reporting Structures > Define Chart of Accounts > Manage Chart of Accounts
Structures > Go to Task.
3. Select Key Flexfield Name: Accounting Flexfield.
4. Click the Manage Structures button. The Manage Key Flexfield Structures page opens.
5. Enter Structure Code: XX.
6. Click the Search button to find your structure.
7. Click the Edit icon.
8. Pick a segment and click Edit icon to see the assigned Segment Label.
9. Click the Cancel button twice.
10. Click Done once. Remain on the page.
Search for your chart of accounts instance called XXLedger.

11. Click the Manage Structure Instances button.
12. Enter Structure Instance Code: XX.
13. Click the Search button to find your structure instance code.
14. Click Edit icon.
15. Add the word Instance to the name of the instance so reads: XXLedger Instance.
16. Pick a Segment Code and click Edit button to see the assigned structure instance
options.
18. Click the Save and Close button.
19. Click the Done button twice.

Chapter 5 - Page 4
Overview
In this demonstration, your instructor deploys all charts of accounts key flexfield if updates have
been made to the class charts of accounts instance in the previous lab. Wait for all students to
finish updating their chart of accounts instance. Then run the process.
Caution: Only one person has to do this, but if you are not in a classroom setting, run the
process to be able to use your updated chart of accounts.
Assumptions
Tasks

3. Use the scroll bar to move to the right.
4. Look for the column called Deployment Status.
5. Click the icon under the heading. Field indicates Edited or Patched which means there has
been activity on the Accounting Flexfield.

Chapter 5 - Page 5
Entering Values
Overview
In this practice, you will enter the valid values into your value sets.
After the value sets have been added to the newly created chart of accounts structure and
structure instance, the values can be entered for each value set attached to a segment in the
chart of accounts. You are not creating combinations, only the lists of individual values that will
appear in the list of values of each segment.
Caution: Do not add values to value sets before attaching the value set to the newly created
chart of accounts structure and structure instance as your values will be invalid.
Assumptions

Tasks
1. Navigate to: Setup and Maintenance > Manage Implementation Projects > XX
Implementation Project > Financials > Define Common Applications Configuration
Sets > Go to Task.
2. Search for your XXAccount XXLedger value set.
3. Click the Manage Values button.
4. Click the Search button to see your values you uploaded with the spreadsheet.
5. Click the Create icon to enter your values.
Note: Enter the values carefully because if the cash account is misclassified as Expense
instead of Asset and closed to retained earnings at the end of an accounting year, the
balance is reduced to zero instead of being carried forward into the next year.
6. Accept the Third Party Control Account default value of No on all values.
Note: The Reconciliation Flag is not used as it is out of scope of V1; therefore, the values
are set to No by default.
7. Save and Close between each value entered and click the Create icon again.
Value Description Account Financial Category

Type
9110 Headcount (STAT) Asset
9910 Default Intercompany Liability

9. Click Done.

Chapter 5 - Page 6
Searching and Completing Your Accounting Hierarchy
Overview
In this practice, you will verify the account hierarchy that your company will use with your
cross-validation rules and revaluations.
Assumptions
Tasks
Search for Your Tree


Reporting Structures > Define Chart of Accounts > Manage Account Hierarchies > Go
to Task.
Search, create, and edit your account hierarchies.
2. Select your hierarchy that was created from the spreadsheet: XXCompany XXLedger.
3. Click the Edit icon to review the definition of your tree.
4. Click OK in the Update Tree warning message.
5. Use the Manage Account Hierarchies: Specify Definition page to define the basic details
of the tree.
6. In the Data Source Parameters: Click the Expand button to expand the Accounting
Flexfield Hierarchy Detail Values and Accounting Flexfield Hierarchy Parent Values
rows.
7. Review the information in the Bind_ValueSetCode field on both levels: XXCompany XX
Ledger.
This is the Value Set name and there is no list of values. When entering, you have to type
the name in exactly as it is set up in database, or you do not see any values.
8. Click the Next button to navigate through the next two pages.
9. Click the Cancel button to return to the Manage Account Hierarchies page. Remain on
the page.
Search for Your Tree Version

10. Select and expand your tree.
11. Select your tree version XXCompany XXLedger Current by clicking the row header at the
beginning of the name.
The file upload from the spreadsheet created two versions, one called current and the other
called base to enforce generation of the fully qualified name and minimization of changes in
the future.
12. Click the Edit icon to review your account hierarchy.
13. Click OK in the Update Tree warning message.
14. Click the Next button.
15. Answer Yes to the warning message.

Chapter 5 - Page 7
16. Expand the parent node 99 to see the children.
Complete the Account Hierarchy
18. Highlight your tree version that now says Draft.
19. Click the Actions menu > Audit.
20. Use the Audit Results region to start the Audit process. After the audit is performed, the
status of the tree version can be set to active.
21. Click the Online Audit button to start the Audit process.
22. Click the OK button to acknowledge the message when the process finishes.
24. Highlight your tree version again.
25. Click the Actions menu > Flatten menu > Column Flattening. Column flattening optimizes
parent-child information for run-time performance by storing an additional column in a table

for all parents of a child.
26. Click the Online Flattening button.
27. Select to OK button to acknowledge the message when the process finishes.
29. Highlight your tree version again.
30. Click the Actions menu > Flatten menu > Row Flattening. Row flattening optimizes
parent-child information for run-time performance by storing additional rows in a table.
32. Click the OK button to acknowledge the message when the process finishes.
34. Highlight your tree version.
35. Use the Actions menu > Set Status menu > Active to activate the tree.
36. Click the OK button to acknowledge the message.
37. Verify that your tree version is now set to Active.

Chapter 5 - Page 8
Publishing Accounting Hierarchy
Overview
In this practice, you will verify your account hierarchy that was created by your spreadsheet for
your company to use with your cross-validation rules and revaluations.
Assumptions
Tasks
Reporting Structures > Define Chart of Accounts > Publish Account Hierarchies > Go

to Task.
2. Use the Publish Account Hierarchies page to search and publish account hierarchies.
3. Click the Chart of Accounts field.
4. Select XXLedger Instance from the list.
6. Expand the XXAccount XXLedger row.
7. Click on the XXAccount XXLedger Current and Base tree versions rows.
8. Scroll across and verify that the Publish check box is selected for each tree versions.
9. If not, click the Publish button.
Note: It may take a minute or two to see the change.

Chapter 5 - Page 9
Creating an Account Combination
Overview
In this practice, you will create an account using a spreadsheet for your sales cost center and
salaries account in your chart of accounts.
Account combinations contain a completed set of segment values that uniquely identifies an
account in the chart of accounts.
Assumptions
Tasks
XXImplementation Project > Define Common Applications Configuration for

Financials > Define Enterprise Structures for Financials > Define Financial Reporting
Structures > Define Chart of Accounts > Manage Account Combinations > Go to
Task.
2. Select your chart of accounts from the Chart of Accounts list.
3. Click Search.
4. Select the Create in Spreadsheet button.
5. Select Open.
6. Answer Yes to the question: Do you want to connect?

Chapter 5 - Page 10
7. Sign in with your FASXX.student and password.
If you get a message saying the versions are not the same, select OK and proceed. This
message has no effect on the success of the spreadsheet upload.
8. Enter 01-120-5105-00 in the appropriate cells.

9. Click the Submit button.
10. Accept the default and click OK.
11. If successful, the Row Status shows Row inserted successfully.
12. Return to the Manage Account Combinations page and Search.

13. Your new account should appear in the list.

Chapter 5 - Page 11
Defining Cross-Validation Rules
Overview
In this practice, you will enter a new cross-validation rule using a spreadsheet to prevent your
XXLedger for using cost center 000 with profit and loss accounts 4000 to 8999 in an account
combination.
Cross-validation rules prevent specific combinations of segment values in your account
combinations. For example, preventing a particular cost center from being combined with a
specific company value. Cross-validation rules only affect the creation of new account
combinations.
Assumptions

Tasks
1. Navigate to: Setup and Maintenance > All Tasks > Search for Create Cross Validation
Rules in Spreadsheet > Go to Task. (Hint: type “Cross” in the search field)
2. Select Open.
3. Answer Yes to the question: Do you want to connect?

Chapter 5 - Page 12
4. Sign in with your FASXX.student and password.
If you get a message saying the versions are not the same, select OK and proceed. This
message has no effect on the success of the spreadsheet upload.
5. Enter Name: XXCVR and an optional Description: Balance Sheet Rule.

6. Enter Error Message: XXAccount: For department 000, do not use accounts between:
4000 and 8999.
When the rule is evaluated, an account combination must contain an account between
4000 and 8999 for department 000 or the account combination is not created.
7. Enter Condition Filter Segment: XXDepartment.
8. Enter Condition Filter Values: 000. The cross-validation rule evaluates if Department 000
was entered and if it is the defined value, then, the validation process continues to evaluate
the rule.
Note: If you do not specify any statement in the condition filter, then the rule is always
evaluated.
9. Enter the Validation Filter Segment: XXAccount.
10. Enter XXAccount: Not between: 4000 and 8999.
11. Tab out of the entry rows.
13. Accept the default setting and click OK.
14. If successful, the Row Status shows Row inserted successfully.

Chapter 5 - Page 13
Implementation Project > Financials >Define Common Applications Configuration for
Structures > Define Chart of Accounts > Manage Cross-Validation Rules > Go to
Task.
16. Review your rule and its filters by clicking on the View Filter icon.
Test Cross-Validation Rule:

Structures > Define Chart of Accounts > Manage Account Combinations > Go to
Task.

19. Select your XXLedger Instance.
20. Click the Add Row icon.
21. Enter 00-000-2220-00.
22. Save. Your error message appears.
23. Click OK to dismiss the message.
24. Click Cancel to exit the Manage Account Combinations page.

Chapter 5 - Page 14
Verifying Your Calendar
Overview
In this practice, you will verify that your accounting calendar starting January 1, 2013 and
ending December 31st each with one adjusting period at the end of the year.
Your company, Vision Corporation implementing Oracle Fusion Financials and has created an
accounting calendar using the rapid implementation spreadsheet process to add to the primary
ledger to record journal entries and to control reporting.
Assumptions
Tasks

Reporting Structures > Define Calendars > Manage Accounting Calendars > Go to
Task.
2. Use the Manage Accounting Calendars page to create and edit calendars.
3. Select your XXLedger calendar.
4. Click Edit to review what has been created by spreadsheet.

Chapter 5 - Page 15
Reviewing and Creating Currencies
Overview
In this practice, you will verify that USD, GBP, and CAD are enabled.
Your company, Vision Corporation, has a ledger currency of United States dollars (USD), and is
doing business with suppliers in:
• Canada in Canadian dollars (CAD).
• Ultraland, a new country which uses Ultraland dollars (ULD).
• You also have intercompany transactions with your Vision UK Banking, Ltd entity,
which uses Great Britain pounds sterling (GBP).
Assumptions

Tasks
Reviewing Currencies
Structures > Define Currencies > Manage Currencies > Go to Task.
2. Enter USD currency in the Currency Code.
3. Click Search button.
4. Click Expand icon to see details.
5. Repeat for CAD and GBP.
Creating Currencies
6. Create new currency:
7. Click the New icon or use Action > New.
8. Enter Currency Code: XXULD.
9. Enter Currency Name: XXUltraland Dollars.
10. Enter Description: Currency for Ultraland.
11. Click the Enabled check box to start using the currency, if not checked.
12. Enter the first day of the current month in the Start Date.
13. Click the Save button.
14. Click the Expand icon and accepted defaults.
15. Click Save and Close button.
16. After all the students have completed creating their currencies; the instructor does the
following steps:
• Navigator to: Tools > Scheduled Processes.
• Search for and run: Create Currency Dimension Members.

Chapter 5 - Page 16
Creating Conversion Rate Types
Overview
In this practice, you will create a new conversion rate type for your payables transactions called
XXSPCORP.
Your company, Vision Corporation, has a ledger currency of United States dollars (USD), and
needs different conversion rate types for your payables and receivables transactions with
Ultraland, which uses Ultraland dollars (ULD).
• For receivables, use your corporate conversion rate types.
• For payables, use a special corporate conversion rate type.
Assumptions

Tasks
Reporting Structures > Define Currencies > Manage Conversion Rate Types > Go to
Task.
2. Click the Add row icon.
3. Enter XXSPCORP in the Name field.
4. Enable Enforce Inverse Relationship and Enable Cross Rates.
5. Enter your currency XXULD as the Cross Rate Pivot Currency.
6. Add USD and CAD as the contra currencies by clicking the Add Row button in the Contra
Currencies region.
8. Click Done.

Chapter 5 - Page 17
Entering Daily Rates
Overview
In this practice, you will enter and view your daily rates.
Your company, Vision Corporation, has a ledger currency of United States dollars (USD), and is
doing business with Ultraland, which uses Ultraland dollars (ULD).
Assumptions
To use the Daily Rates spreadsheet, ADF Desktop Integrator (DI) must be installed first.
Note: In the classroom, ADFdi is already installed so skip to step.5.
1. In the application, navigate to: Tools > Download ADF Desktop Integrator

2. Click on the file that opens.
3. Click setup.exe.
4. Follow the prompts.


Chapter 5 - Page 18
Tasks
5. Navigate to: Setup and Maintenance > Define Currencies and Currency Rates >
Manage Daily Rates or General Accounting: Period Close > Manage Currency Rates:
6. Click the Daily Rates tab.
7. Open a spreadsheet template using the Create in Spreadsheet button.
8. Answer OK in the box that opens. Answer Yes to the second box.
9. Sign in with your instance User Name and Password.
10. Enter the following daily rates data:
• *From Currency: USD.
• *To Currency: XXULD.
• *Conversion Rate: XXSPCORP.
• *From Conversion: 1st day of the current month.

• *To Conversion Date: Last Day of the current month.
• *Conversion Rate: 56.
11. Create Daily Rates menu > Submit icon to submit the spreadsheet.
12. Click the OK button in the Submission box and the options box that follows.
13. Verify that the Record Status shows that the rows inserted successfully.
14. Click OK to the submission confirmation message.
15. Close the spreadsheet and return to the Oracle Fusion environment.
16. When asked if you want to save the spreadsheet click No.
View Your Rates

17. Click the Daily Rates tab.
18. Enter From Currency: USD.
19. Enter To Currency: XXULD.
20. Enter Rate Date: Current accounting period beginning and ending dates.
21. Click Search.
22. Review your rates.
23. Click Done.

Chapter 5 - Page 19
Searching for Your Ledger
Overview
In this practice, you will search for your primary ledger.
The primary ledger is the main record keeping ledger and consists of the chart of accounts,
calendar, currency, and accounting method.
Assumptions
Tasks
for Financials > Define Ledgers > Define Accounting Configurations > Manage

Primary Ledgers > Go to Task.
2. Note the name of your primary ledger, chart of accounts, calendar, and currency.
3. Click Done.

Chapter 5 - Page 20
Verifying Your Ledger Options
Overview
In this practice, you will enter the settings list below for your ledger's options.
Setting ledger options is one of the most important tasks in configuring your ledgers.
Assumptions
Tasks
for Financials > Define Ledgers > Define Accounting Configurations.

2. Click Select in the Specify Ledger Options: Selected Scope column.
3. Select the Specify Ledger Options option.
4. In the Specify Ledger Options field, select Select and Add.
5. Click the Apply and Go to Task button.
6. Select your XXLedger US from the list.
7. Scroll to the bottom and click the Save and Close button.
8. Setting Accounting Calendar Region Options
9. Review the Accounting Calendar that defaults from your ledger.
10. Note that Jan-XX is the First Open Period for your ledger.
11. Enter 3 for the Number of Future Enterable Periods.
12. Selecting the Subledger Accounting Region Options
13. Accept the default Accounting Method from your ledger.
14. Select US American English as your Journal Language.
15. Completing the Period Close Region Options
16. Verify your Retained Earnings Account: 00-000-3310-00.
Note: If the field is not populated, enter the account.
17. Enter Cumulative Translation Adjustment Account: 00-000-3500-00.
Specifying the Journal Processing Region Options
Specify the Balance options:

18. Click to enable Suspense: General Ledger.
19. Click to enable Suspense: Subledger Accounting.
20. Enter Default Suspense Account: 00-400-5120-00.
21. Enter Rounding Account: 00-400-7990-00.
22. Enter Entered Currency Balancing Account: 00-400-7990-00.
23. Enter Balancing Threshold Percent: 0.
Enable all of the following Entry options:

24. Notify when prior period journal is entered.
25. Allow mixed statistical and monetary journals.

Chapter 5 - Page 21
26. Validate reference date.
27. Separate journals by accounting date during journal import.
For Intercompany options:

28. Select Enable intercompany accounting.
29. Click OK to close the confirmation window.
For Reversal options:

30. Leave the Journal Reversal Criteria Set blank. You can select any predefined criteria set
from the list of values in the Journal Reversal Criteria Set at any time.
31. Deselect the Run AutoReverse after open period check box. You can return to this page
and enable this option later.
32. Leave the Synchronize Reversals between Primary and Secondary Ledger deselected:
Enable this option to automatically reverse the corresponding journal in the secondary

ledger when a journal in the primary ledger is manually reversed.
For Sequencing options:

33. Leave the default of Sequencing By of No sequencing to not use sequencing.
34. Leave Enforce Document Sequencing set to None.
35. Select No for Enforce chronological order on document date if you don’t require
chronological sequences.36.
36. Click Save and Close to go back to your implementation project.
Note: Average Balance options: This region does not appear because a value of No was
entered on the spreadsheet as an answer to the *Enable Average Balances question
instead of Yes. If yes had been entered, then the Enable Average Balances checkbox is
checked.

Chapter 5 - Page 22
Verifying Your Legal Entities and Balancing Segments Assignments
Overview
In this practice, you will review your ledger configuration to verify which legal entities and
balancing segments have been assigned when your spreadsheet was uploaded.
• Assign your legal entities to your ledgers to limit your ledger transactions to just those
legal entities.
• Assign your balancing segment values to your legal entities. After assignment, all
balancing segment values are available for journal and transaction processing.
Assumptions
Tasks

XXImplementation Projects > Financials > Define Common Applications
Configuration for Financials > Define Ledgers > Define Accounting Configurations >
Expand.
Note: Scope should be set to your XXLedger US during the Verify Your Ledger options
activity. If not, then set scope:
2. Click Select in the Assign Legal Entities: Selected Scope column.
3. Select the Assign Legal Entities option.
4. In the Primary Ledger field, select Select and Add.
6. Select your XXVision America from the list.
7. Scroll to the bottom and click Save and Close button.
Verify Your Legal Entity and Balancing Segment Assignments

8. Select Go to Task for Assign Legal Entities.
9. Verify your legal entities XXVision Corporate HQ and XXVision America are assigned.
11. Select Go to Task for Assign Balancing Segment Values to Legal Entities.
12. Verify your balancing segments are assigned automatically:
00: XXVision Corporate HQ
01: XXVision America

Chapter 5 - Page 23
Defining Reporting Currencies
Overview
In this practice, you will set up reporting currencies tied to your XXPrimary Ledger.
A reporting currency is linked to a primary or secondary ledger, and is maintained at one of
three data conversion levels.
Assumptions
Tasks
1. Set up reporting currencies tied to your XXPrimary Ledger.

Reporting Currencies > Go to Task.
4. Name: Enter XXReporting Currencies.
5. Description: Enter XXReporting Currencies.
6. Currency Conversion Level: Select Journal.
7. Currency: Enter GBP.
8. In the Ledger Options region.
9. First Open Period: Enter Jan-XX where XX equals the current year.
10. Rounding Account: Accept default of 00-120-7990-00.
11. Revaluation Basis: Accept the default of Entered currency.
12. Enable journal approval: Do not select.
In the Currency Translation Options region

13. Default Conversion Rate Type: Corporate.
14. Retain Transaction Rate Type: Yes
15. In the Error Handling region:
16. Missing Conversion Rate: Click Use last rate.
17. Number of Days to Find Last Rate: 30.
In the Journal Conversion Rules region view the default settings:

18. Retain Journal Creator from Source Ledger: Yes.
19. Journal Source: Other.
20. Journal Category: Other.
21. Convert Journals to this Reporting Currency: Yes.
Data Conversion
22. First Future Period to Convert Journals: Select the first period in the list of values.
23. Historical Conversion: Retain Original Conversion Rate Type: Select Yes to use the
rate type entered on the original transaction to convert the transaction to the reporting
currency.

Chapter 5 - Page 24
Sequencing
24. Sequencing By: No sequencing.
25. Enforce Document Sequencing: None.
26. Click Save and Close twice.

Chapter 5 - Page 25
Completing the Ledger Configuration
Overview
In this practice, you will complete your ledger configuration by running the Review and Submit
Accounting Configuration.
Submit the Review and Submit Accounting Configuration to complete your ledger
configuration. A new standard balances cube is created when an accounting configuration is
submitted for a primary or secondary ledger that uses to a new unique combination of chart of
accounts and calendar.
Note: This process runs by primary ledger and processes related secondary ledgers, reporting
currencies, and legal entities.
Assumptions

Tasks
Configuration for Financials > Define Ledgers > Define Accounting
Configurations > Review and Submit Accounting Configuration > Go to Task.
2. Select your ledger XXLedger US.
4. Click OK to close the Confirmation window.

Chapter 5 - Page 26
Creating a Ledger Set
Overview
In this practice, you will create a ledger set using your XXPrimary Ledger and XXReporting
Currencies.
Ledger Sets enable you to group multiple ledgers that share the same chart of accounts and
calendar combination.
Assumptions
for Financials > Define Ledgers > Define General Ledger Options > Manage Ledger
Sets > Go to Task.

2. Click the Create icon. Name and Description: XXSet.
3. Select your Chart of Accounts: XXLedger Instance.
4. Select your Accounting Calendar: XXLedger.
5. Default Ledger: XXLedger US.
7. Ledger or Ledger Set: Type in XXLedger US.
8. Click the Save button after your add the ledger to see it in the field.
9. Click OK to accept the Confirmation window.
11. Ledger or Ledger Set: Type in XXReporting Currencies.
12. Click Save button after your add the ledger to see it in the field.
13. Click OK to accept the Confirmation window.
14. Save and Close.
15. Click Done.

Chapter 5 - Page 27
Reviewing Data Access Set Security
Overview
In this practice, you will review your Data Access Set created for your ledger set.
Data Access Sets are created to control access to specific ledgers, ledgers sets, or primary
balancing segments.
Assumptions
Financials > Define Security for Financials > Define Data Security for Financials >
Manage Data Access Sets > Go to Task.
2. Select the Name of your data access set XXSet.

4. Verify that your Privilege is set to Read and Write.
Note: The Access Set Type on your data access set is to Full Ledger which is the default
created by the application when the spreadsheet upload is processed.

Chapter 5 - Page 28
Creating Data Access Set Security
Overview
In this practice, you will create and attach a Data Access Set for your ledger.
Data Access Sets are created to control access to specific ledgers, ledgers sets, or primary
balancing segments.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Implementation Project >
for Financials > Define Security for Financials > Define Data Security for Financials >

Manage Data Access Sets > Go to Task.
3. Enter unique Name and Description: XXData Access Set.
4. Select the Access Set Type: Primary Balancing Segment Value.
5. Select your Chart of Accounts: XXLedger Instance.
6. Select the Accounting Calendar: XXLedger.
7. Select the Default Ledger: XXLedger US.
8. Click the Add Row icon in the Access Set Assignments.
9. Enter a Ledger or Ledger Set: XXSet.
10. Deselect All Values.
11. Select Specific Value: Single Value.
12. Enter Segment Value of 01.
13. Select Privilege: Read and Write.
14. Save and Close.
15. Click OK to accept Confirmation message.
Attach a Data Access Set to your role.

for Financials > Define Implementation Users > Provision Roles to Implementation
Users > Go to Task.
18. Click the Administration link located in the upper-right corner.
19. Enter your username: FASXX.Student in the Search box.
20. Click the Search Arrow icon.
21. Select the username.
22. Click the Roles tab.
23. Click the Assign Roles icon.
24. Search for the role by entering General%XX% in the Display Name field.
25. Select both the General Accountant and the General Accounting Manager, both with
XXData Access Set.

Chapter 5 - Page 29
26. Click Add.
27. Exit Oracle Identify Manager.
28. Sign Out of the Oracle applications.
29. Sign In as your user: FASXX.student.
30. Navigate to the General Accounting > Journals work area to verify your Data Access Set
is available in the Change link.
Optional Troubleshooting if You Don't Find Your Data Role

31. Navigate to: Setup and Maintenance > Type in the task field the following: Manage Role
Templates.
33. Click the Manage Role Templates: Go to Task icon.
34. Locate Search-Role Templates in the Search and Create panel (located on the right side,

about 2/3 down the page).
35. Click Search to search for all roles.
36. Locate the General Ledger Template for Ledger (GL data access role) and highlight the
name.
37. Click the Open icon.
38. Click the Summary tab.
39. Click the Generate Roles button.
40. Wait about 5 minutes.
41. Go back to step 17 and follow the steps again to assign the data access set to your role.

Chapter 5 - Page 30
Opening the First Accounting Period
Overview
In this practice, you will open the first period in your general ledger.
Open the accounting period in both your ledger and reporting currencies before you create or
import journals for the period. Converted journals are only generated in your reporting currency
if the period is open or future enterable.
Assumptions
Tasks
1. Navigate to: General Accounting: Period Close

2. Click your Change link for the Data Access Set at the top of the Tasks pane.
3. Select your Data Access Set: XXData Access Set.
4. Select XX Ledger US from the Ledger Name drop-down list.
5. Click the General Ledger graphic.
6. Answer OK in the Open First Period box for First Period Jan-XX where XX equals the
current year.
7. Answer Yes to the question and OK to the confirmation message.
Note: For subsequent periods:
8. Click the Open Next Period button.
9. Click OK in the confirmation box.
10. Repeat the steps starting at step 4 to open the accounting period for your XXReporting
Currencies ledger.

Chapter 5 - Page 31
Creating an Allocation Rule
Instructor Note: You may want to open the periods for the Vision US Primary Ledger and the
Vision IFRS Secondary Ledger to the current period. Use the current period in the allocation.
Also if not already done, turn off journal approval for the Manual Source. (Setup and
Maintenance > Search for Manage Journal Sources task > Go to Task > Uncheck Require
Journal Approval.)
Installing XUL Manager for Firefox (do not do this if already done from Chapter 2.)
You must add the correct URL into the Remote XUL manager to use Firefox for your practices.
a. Go to D:/Downloads and drag the remote_XUL_manager into Firefox.
Tip: Drag the link to the Firefox icon. It will ask if you want to install it.

b. Click the Install Now button.

Chapter 5 - Page 32
c. Go to Firefox menu > Tools > Web Developer > Remote XUL Manager.

Chapter 5 - Page 33
d. Click Add to allow the following URLs:
1) https://adc-fapXXXX-bi.oracledemos.com (where XXXX is the environment you are
using.)
2) https://adc-fapXXXX-bi.oracledemos.com/workspace/
3) oracledemos.com
Overview
In this practice, you will create a New Value in the Corporate LoB Value Set. Allocate office
supplies expenses to departments 610, 620 and 630 based on their rent expense.
Assumptions

Tasks
1. Navigate to: Setup and Maintenance > Manage Implementation Projects
> XXImplementation Project > Financials > Define Common Applications
Configurations for Financials > Define Enterprise Structures for Financials > Define
Financial Reporting Structures > Define Chart of Accounts > Manage Chart of
Accounts Value Sets > Go to Task.
2. Enter the Value Set Code of Corporate LoB.
4. Highlight the row with Corporate LoB and click the Manage Values button.
6. Enter Value of FL where F is your first initial and L is your last initial and Description of
XXLoB. Check that no other students have the same initials.
7. Accept all the defaults.
8. Click Save and Close button.
9. Click Done button twice.
Create Two Journals to Load the Source and the Basis

10. Navigate to: General Accounting: Journals
11. Select the US Primary Ledger Data Access Set.
12. Click the Create Journal link.
13. Enter Batch Name: XXSource.
14. Enter the current Accounting Period and Accounting Date.
15. Enter Journal Name: XXSource.
16. Select Addition as the category from the Category list.
17. Enter the following lines (where FL is your initials):
Lines Account DR CR
1 101.FL.60540.120.000.000 10,000.00
2 101.FL.22270.000.000.000 10,000.00

Chapter 5 - Page 34
19. Click the Post button.
20. Create the Second Journal Entry
21. Enter Batch Name: XXBasis.
22. Enter Journal Name: XXBasis.
23. Select Addition category from the Category list.
24. Enter the following lines:
Lines Account DR CR
1 101 1,000.00
.FL.63510.610.000.000
2 101 5,000.00

.FL.63510.620.000.000
3 101 4,000.00
.FL.63510.630.000.000
. 4 101 10,000.00
.FL.22270.000.000.000

26. The instructor runs the following process to add the new LOB to the balances cube.
• Run Navigate to: Tools > Scheduled Processes.
• After creating new segment values: Update Balances Cubes Chart of Accounts
Dimension Members and Hierarchies manually for both the Corporate LoB value
set and the Corporate Company value set. (They have to be run separately.)
27. After the process completes, click the Post button to post the journal.
Create the Allocation Rule (Use Internet Explorer)

28. Click the Create Allocation Rules link in the Journals work area. This will open the
Enterprise Performance Management System Workspace, Fusion Edition window.
29. Navigate > Administer > Calculation Manager.
30. Expand Essbase.
31. Under the System View Tab, expand the USChartofAccounts.
32. Expand db.
33. Highlight Rules, then right click > New.
34. Enter Name: XXAllocation Rule.
35. Accept all defaults.
36. Click OK.
37. Under the Rule Palette drag the Point of View Object to the Rule Designer area between
the Begin and End. In the block below the Rule Designer, there is a tab called Point of
View with a list of Dimensions.

Chapter 5 - Page 35
38. Select the following values by using the Actions > Member icon on the far right of each
Dimension line to select the value.
Dimension Value

Ledger US Primary Ledger
Company 101
Line of Business FL (Your Initials)
Product 000
Intercompany 000
Currency USD
Currency Type Total
39. Click OK.

Chapter 5 - Page 36
40. Leave all other Dimensions blank.

41. Drag the Allocation object from the Rule Palette to the Rule Designer window, between
the two POV circles. The Allocate Wizard window will appear.
42. Leave the Dimensions on this first window blank.
43. Click the Next button. You see at the top of the wizard Point of View > Source.
44. Fill in the values for the following Dimensions using the Actions > Member icon.
Dimension Value
Accounting Period Period your two journals are posted in.
Account 60540
Cost Center 120
Scenario Total for Allocations
Balance Amount Period Activity
Amount Type PTD

Chapter 5 - Page 37
45. Click OK.


Chapter 5 - Page 38
47. Under Point of View > Source > Allocation Range input the following Dimension using
the Actions > Member icon: Cost Center: 600.
Hint: Use the All Corporate Cost Centers-V1 tree to find this parent value.

48. Click OK.
50. Under the Point of View> Source > Allocation Range > Target w/Period window, input
the following Dimensions using the Actions > Member icon:
51. AccountingPeriod: Current or posting period for your 2 journals.

Chapter 5 - Page 39
52. Account: 60520.

53. Click OK.
55. Under the Point of view> Source > Allocation Range > Target w/Period > Offset
window, input the following Dimensions using the Actions > Member icon.
56. Account: 60540.

Chapter 5 - Page 40
57. Cost Center: 120.

58. Click OK.
60. Under the Point of View> Source > Allocation Range > Target w/Period > Offset >
Exclude window, leave blank.
62. Under the Point of View> Source > Allocation Range > Target w/Period window Offset
> Exclude > Basis, input the following Dimensions using the Actions > Member icon.
Dimension Value
Accounting Period Period your two journals are posted in.
Account 63510
Scenario Actual
Balance Amount Period Activity
Amount Type PTD

Chapter 5 - Page 41
63. Click OK.

65. Click OK.
66. Click the Exit button.
67. Click File > Save.
68. Click OK.
69. Click Actions > Validate > Essbase.
70. Click OK.
71. Click Actions > Deploy.
72. Click OK.
73. Click Log Off.
74. Click Yes. Close the Enterprise Performance Management System Workspace, Fusion
Edition window by clicking the “X” in the upper-right corner.

Chapter 5 - Page 42
Generating an Allocation
Overview
In this practice, you will create allocation journals by generating the allocation rules you define.
Assumptions
Tasks
1. Navigate to: General Accounting > Journals work area.
2. Use the Journals work area to create journals and perform related tasks.
3. Click the Generate General Ledger Allocations link.
4. Use the Generate General Ledger Allocations page to generate and post allocations.

5. Click the Rule or Rule Set list.
6. Click the XXAllocation Rule list item.
7. Use the Post Allocations option to have allocations posted automatically.
9. Click the OK button.
10. You have successfully generated allocations.
Note: Navigate to: Scheduled Processes to see that the process finished.
Review your journal.

11. Navigate to: Journals > Manage Journals.
12. Enter Accounting Period: Period used for the journal.
13. Enter Source: Allocations
14. Enter Batch Status: Posted
15. Click Search.

Chapter 5 - Page 43
Viewing a Financial Report in HTML
Overview
In this practice, you will review the Balance Sheet report in HTML across the enterprise by all
companies and by your specific company 100 for both December 2014 and December 2013 as
compared to prior year's results.
Your company, Vision Corporation uses a Balance Sheet report to view monthly results by
company and to compare them to the previous year results in the same month.
Assumptions
Tasks
1. Navigate to: General Accounting: Financial Reporting Center.

2. Select Data Access Set: US Primary Ledger.
3. Use the Live Reports and Books tab to review reports or groups of reports called books in
various formats including PDF, Excel, and HTML.
4. Click the Shared Folders > Financials > Financial Reports > US Reports.
5. Click the View as HTML button on the Balance Sheet report.
6. Use the Respond to Prompts window to select the report criteria. You can select multiple
companies or choose the default values.
7. Click the Go to Member Selection icon next to the Company box.
8. Click the Expand icon for Company.
9. Click the Expand icon for All Company Values.
10. Click on: [All Company Values.[151].

Chapter 5 - Page 44
11. Click the Add to Selected icon.

You should see Company and your Company 101 and 151 in the Selected box.
12. Click the OK button twice.
13. The report displays as an HTML webpage.
14. Click the Page list.
15. Click the 151-Canada list item.
16. Switch back to 101-US 1 LE 1 BU 1.
17. Use the Point of View section (above the Page list) to change the report selection criteria.
You can update the report with the latest live data for your chosen point of view without
leaving the current report view.
18. Click the AccountingPeriod: 12-14 Point of View link.
19. Click the Expand Row for 2015.
20. Click the Expand Row button to open the current quarter to get to the current period.
21. Click the current period option.
23. View the updated report based on your point of view.
24. Click the Done button to return to the Financial Reporting Center.

Chapter 5 - Page 45
Configuring Two Account Group
Overview
In this practice, you will configure two account groups, one to display balances from your
payables application and the other one for to view your actual versus budget balances. Select
all values from the list of values to avoid errors; do not type them in directly.
Your company, Vision Corporation uses the Account Monitor to define groups of key accounts
that are organized by purpose, category, and comparison criteria.
Assumptions
Tasks
1. Navigate to: General Accounting: Financial Reporting Center.

2. Use the Account Monitor region to add and review designated accounts.
3. Click the View menu.
4. Click the Account Group menu.
5. Select Create.
6. Enter Name: XXPayables Balances.
7. Enter the Description: For tracking balances from Accounts Payables.
8. Accept the Time Option: Accounting period.
9. Click the Comparison Option list and select Prior year PTD list item.
11. Click the Add Row button.
12. Select the following options from a list of values.
13. Select Ledger: US Primary Ledger.
14. Select Company (Co): 101.
15. Select the Line of Business (LoB): 10.
16. Select Account (ACC): 22100.
17. Select the Cost Center (CC): 000.
18. Select the Product (Prod):000.
19. Enter Intercompany (IC): 000.
20. Select Always Display.
21. Select the Save list.
22. Click Save and Create Another.
24. Enter the Name: XXActuals Versus Budget.
25. Enter the Description: For tracking Actuals versus budget balances.
26. Do not select the Set as default option.
27. Accept the Time Option: Accounting period.
28. Click the Comparison Option list and select Budget PTD list item.
29. Scenario: Budget.
30. Click the Add Row button.

Chapter 5 - Page 46
31. Select the Ledger: US Primary Ledger.
32. Select Company (CO): 101.
33. Click the Line of Business (LoB): field: 10.
34. Click the Account (ACC): 11200.
35. Enter Cost Center (CC): 000.
36. Enter Product (Prod): 000.
37. Enter Intercompany (IC): 000.
38. Select Always Display.
39. Select the Save drop-down list.
41. You have successfully configured an account group.
42. To view your accounts, click the View menu.

43. Select Account Group and then the group you want to view.
44. To change the period, click the Accounting Period drop-down list.

Chapter 5 - Page 47

Chapter 5 - Page 48
Intercompany
Chapter 6
Practices for Lesson 6: Configuring Oracle Fusion Intercompany

Chapter 6 - Page 1
Practices Overview
In these practices, you will perform the following activities:
• Setting Up a New Rule Demonstration.
• Viewing Intercompany Balancing Rules and Ledger Balancing Options.
• Submitting and reviewing reconciliation reports.

Chapter 6 - Page 2
Setting Up a New Rule Demonstration
Overview
In this demonstration, the instructor will create a new intercompany balancing rule.
Assumptions
Tasks
XXImplementation Project > Financials.
2. Expand Define and Maintain Intercompany Processing Rules.
3. Select Go to Task for Manage Intercompany Balancing Rules.

4. In the Search Results region, select the Primary Segment Rules tab.
5. Click the Create icon to create a new rule.
6. Complete the fields on the Create Primary Segment Balancing Rules page as shown in the
following table:
Field Value
Source Other
Category Other
Transaction Type None
From Ledger US Primary Ledger
To Ledger US Primary Ledger
From Legal Entity US1 Legal Entity
To Legal Entity Leave blank (All others are
default later).
From Primary Segment Value 101
To Primary Segment Value All Other
Receivables Account 101.10.12300.000.000.000
Payables Account 101.10.22270.000.000.000
Start Date Date prior to today’s date, for
ex. 1/1/2014
End Date Null
Turn off journal approval for the Manual source if it was not done earlier.
8. Navigate to: Setup and Maintenance > Search for Manage Journal Sources > Go to
Task.
9. Search Name: Manual.
10. Set Require Journal Approval unchecked for the journal source option Manual.

Chapter 6 - Page 3
Viewing Intercompany Balancing Rules and Ledger Balancing
Options
Overview
In this practice, you will view intercompany balancing rules and intercompany ledger balancing
options and enter and post three journals showing different balancing scenarios.
Assumptions
Tasks
1. Navigate to Setup and Maintenance > Manage Implementation Projects >
XXImplementation Project > Financials > Define and Maintain Intercompany
Processing Rules > Manage Intercompany Balancing Rules > Go to Task.

2. Select From Ledger: US Primary Ledger.
3. Click Search.
4. In the Search Results region, click the Legal Entity Rules tab.
5. View the existing balancing rules.
6. Click the View icon in the Receivables Account column and the Payables Account
column to view the description of the segment values on one of the rules.
7. Click the Chart of Accounts Rules tab.
8. View the existing balancing rules.
9. Click Cancel.
10. Select Go to Task for Manage Secondary and Clearing Company Balancing Options.
11. Review the rules.
12. Click Cancel.
Enter and Post a GL Journal with Mixed Balancing Segment Value Assignments
13. Navigate to: General Accounting > Journals
14. Select Create Journal task.
15. Enter Journal Batch: XX1 Intercompany.
16. Select Accounting Period: Current period.
17. Enter Journal Name: XX1 Intercompany.
18. Enter Category: Adjustment.
19. Enter the following journal lines. 101 is assigned to a legal entity and 203 is assigned to the
ledger.
Journal lines Debit Credit

203.10.59110.000.000.000 1,000.00
101.10.42000.000.000.000 1,000.00
20. Click Save. (Hint: tab out of the last line of the journal before clicking save.)
21. Click Post and note the request ID.
22. Click Manage Journals in the Tasks pane. Search for your journal batch using your XX1%.

Chapter 6 - Page 4
23. Click the Journal Name to drill down to view your posted journal.
24. View journal lines.
Note
− Intercompany balancing lines are generated to balance the journal between primary
balancing segment values 101 and 203 and the appropriate trading partner value is
populated into the intercompany segment of the balancing lines.
− When balancing in this journal the Legal Entity Rule is used for both lines.
25. Click Cancel.
Perform the following tasks to enter and post a GL journal with balancing segment
values assigned directly to a ledger:
26. Select the Create Journal task.
27. Enter Journal Batch and Journal Name: XX2 Intercompany with Category: Adjustment.

29. Enter the following journal lines. 204 and 251 are assigned to the ledger but not to any legal
entities.

204.10.59210.000.000.000 1,000.00
251.90.42000.000.000.000 1,000.00
30. Click Save.

Note:
− The ledger balancing lines are generated using the Chart of Accounts Rule to balance
the journal between primary balancing segment values 204 and 251.
− Balancing segment 2 was also balanced between 10 and 90, while balancing the primary
balancing segment values.
35. Click Cancel.
Perform the following tasks to enter and post a GL journal that balances by primary
balancing segment but not by balancing segment 2:
36. Select Create Journal task.
37. Enter Journal Batch and Journal Name: XX3 Intercompany with Category: Adjustment.
39. Enter the following journal lines.

101.30.59110.000.000.000 1,000.00
101.10.42000.000.000.000 1,000.00

Chapter 6 - Page 5
40. Click Save.
− As the journal balances by primary balancing segment balancing lines are generated to
balance the journal between balancing segment 2 values 30 and 10. Ledger Balancing
Options for US Primary Ledger are used to build the accounts.
− The intercompany segment for the balancing lines is not populated with the trading
partner for balancing segment 2.
45. Click Cancel.

Chapter 6 - Page 6
Submitting and Reviewing Reconciliation Reports
Overview
In this practice, you will:
• Submit the Prepare Intercompany Reconciliation Reporting Information process.
• Review the Intercompany Reconciliation report.
Assumptions
Tasks
Submit the Prepare Intercompany Reconciliation Reporting Information Process

1. Navigate to: Intercompany Accounting > Reconciliation.
2. Select Tasks > Intercompany Reconciliation.
3. Click the Submit button at the top-right corner of the page. This takes you directly to the
submission window for the Prepare Intercompany Reconciliation Reporting Information
process.
4. Enter Provider Ledger: US Primary Ledger.
5. Enter Provider Accounting Period: Current period. Leave all other fields blank.
6. Click Submit.
7. Note the Process ID.
8. Click OK.
9. Click Back.
Review the Intercompany Reconciliation Reports

10. Click Refresh icon until the status displays Succeeded for the line with your Process ID.
11. In the BI Publishing Options region (top of the screen), click the refresh icon.
12. Select your Request ID from the drop-down list.
13. Click View Report. This will take you to the Intercompany Reconciliation Period
Summary report > click Go.
14. The Period Summary Report displays summary.
Note: The Receiver LE is displayed as UNASSIGNED, which means the primary balancing
segment value on the balancing line is not assigned to a legal entity.
15. Click the Period Net amount.

Chapter 6 - Page 7
16. Review the Source by Summary Report.
17. Click the Amount in the Intercompany Receivables GL Balance.
18. Review the Journal Lines Report.
19. Click the Journal Name.
20. Review the journal lines.
21. Click Cancel to return to the Journal Lines Report page.
22. Click Return to Source Summary Report button.
23. Click Return to Period Summary Report button.
24. If there are remaining rows on the report, review and drill down to see the details of the
other journal you posted.
Note: Your journal XX3 Intercompany is not reflected on the report because it was only
balanced for balancing segment 2. The report only includes balancing lines for the primary
balancing segment.

25. Click Done.

Chapter 6 - Page 8
Configuring Business Units
and Reference Data Sets
Chapter 7
Practices for Lesson 7: Configuring Business Units and Reference Data Sets
Chapter 7 - Page 1
Practices Overview
• Searching for your Business Unit.
• Viewing and Creating Reference Data Sets Demonstration.
Chapter 7 - Page 2
Searching for Your Business Unit
Overview
In this practice, you will review and edit your business unit that was created when you uploaded
your spreadsheet.
You are implementing the enterprise structure for your organization and now creating a
business unit.
When defining or maintaining business units, the scope value is the business unit. The business
unit (scope value) that you want to work with must be selected from the Selected Scope column,
before selecting any task.
A new business unit is a prerequisite for the Configuring Oracle Fusion Payables lesson, and
must be completed by the students. If the business unit was not created by the rapid
implementation spreadsheet, the student's must perform the Create a Business Unit activity in
the Appendix.

Assumptions
Tasks
XXImplementation Project > Financials > Define Common Application Configuration
for Financials > Define Business Units > Manage Business Unit > Go to Task.
2. Enter Search: Name: XXBusiness Unit.
4. Select the business unit row and click Edit (or click the business unit hyperlink).
5. View the details, including the Reference Data Set, that were created by the rapid
implementation spreadsheet.
7. Click the Selected Scope link for the Assign Business Unit Business Function task.
8. The Select Scope window appears. With the Assign Business Unit Business Function
option selected, select Select and Add from the Business Unit drop-down list.
10. Search and select the row header for your XXBusiness Unit.
Information: Do not click the Name link because it will open the Edit Business Unit page.
If you inadvertently reach the Edit Business Unit page, you can save and close and the
scope will be selected, but you will be returned to the Setup and Maintenance work area,
not within your implementation project.
11. Click the Save and Close button at the bottom of the window.
12. View the Business Unit Functions and Financial Reporting. These were defined by the
rapid implementation spreadsheet and can be modified as desired.
Note: Business functions that generate financial transactions will require a primary ledger
and a default legal entity. When this type of business function is selected, the Primary
Ledger and Default Legal Entity fields will become mandatory (as indicated by the
asterisks). These fields must be populated before selecting additional business functions.
Chapter 7 - Page 3
Note: XXBusiness Unit has been selected as the Selected Scope: Business Unit (scope
value) for all Define Business Unit tasks. This selection must always be set prior to
selecting any task.
14. Select Go to Task for the Manage Business Unit Set Assignment task.
Note: The default set of the business unit is assigned to each reference data object. You
can change the assignment for each object. You can also select the Reference Data Set
Code column to modify the code. The Manage Set Assignment task is a mandatory step.
Even if you do not change any of the sets assigned, the assignment is not complete until
the record is saved. In this example, you will not change the Reference Data Set Code.
Create a Service Provider Relationship

16. Click Go to Task for the Manage Service Provider Relationships task.

17. Click Add Row.
18. Search for the Service Provider Business Unit: Name: XXBusiness Unit.
19. Select XXBusiness Unit.
20. Click the Apply button.
Chapter 7 - Page 4
Viewing and Creating Reference Data Sets Demonstration
Overview
In this demonstration, the instructor will show you how to:
• View and create a reference data set.
• Group two reference data sets.
Assumptions
Tasks
Manage Reference Data Sets

XXImplementation Project.
2. Define Common Applications Configuration for Financials > Define Enterprise
Structures for Financials > Define Reference Data Sharing > Manage Reference Data
Sets > Go to Task button.
3. Enter US in the Set Code field.
4. Click the Search button. The US1BUSET is the Reference Data Sets for the US1 business
unit.
5. To create a reference data set, click the New button and enter Set Code, Set Name, and
Description.
Manage Set Assignments for Set Determinant Type

Reference data sets that share common business policies and legal rules are treated in the
same way and are classified into reference groups. Grouping is done on the basis of functional
area and the partitioning requirements that the reference data has in common.
In this demonstration, you will group US1 BU Set and US2 BU Set.
7. Navigate to: Manage Set Assignments for Set Determinant Type > Go to Task.
8. Click New.
9. Select Receivables Payment Terms in the Reference Group Name.
10. Select US1 BU Set in the Determinant Value.
11. Select US1 BU Set in the Set Name.
12. Click New again to create a second line.
Chapter 7 - Page 5
Chapter 7 - Page 6
Subledger Accounting
Chapter 8
Practices for Lesson 8: Configuring Oracle Fusion Subledger Accounting

Chapter 8 - Page 1
Practices Overview
In these practices, you will do the following practices:
• Reviewing Practices Overview.
• Creating an Invoice Demonstration.
• Creating Invoice and Credit Memo.
• Managing Account Rules.
• Managing Description Rules.
• Managing Journal Entry Rule Sets.
• Managing Subledger Accounting Methods Demonstration.
• Create Accounting Process and Subledger Journals Demonstration.

• Reviewing Subledger Journal Entries in General Ledger.

Chapter 8 - Page 2
Reviewing Practice Overview
Overview
In this practice you will read through an overview of the practices and demonstrations included
in this lesson. This overview will provide detail of the steps you will take to modify the
accounting for subledger accounting transactions.
The following practices and demonstrations are for Oracle Fusion Subledger Accounting:
• Creating an Invoice Demonstration
• Creating Invoice and Credit Memo.
• Managing Account Rules.
• Managing Description Rules.
• Managing Journal Entry Rule Sets.
•

Managing Subledger Accounting Methods Demonstration.
• Creating Accounting and Subledger Journals Demonstration.
• Reviewing Subledger Journal Entries.
Assumptions
When accessing the demo environment for Subledger Accounting, you must use Mozilla
Firefox for an optimal experience.
Create an Invoice and Credit Memo

You will create an invoice and credit memo that contains the following transaction data that will
be affected by the accounting rules practices.
Accounting Date: Today's date.
Invoice account values:

• Default Distribution Account (101.10.15160.000.000.000). Entered distribution
on the invoice line.
• Invoice Distribution Account (101.10.15160.000.000.000). Defaulted distribution
in Manage Distributions region.
Credit memo account values:

• Default Distribution Account (101.10.15160.000.000.000). Entered distribution
on the invoice line.
• Invoice Distribution Account (101.10.15160.000.000.000). Defaulted distribution
in Manage Distributions region.
Manage Account Rules:

XXInvoice Account Rule
• Conditional rule: If the Invoice Type = Standard, use Invoice Distribution Account,
which is the defaulted distribution in Manage Distributions
(101.10.15160.000.000.000).
XXCRAccount Rule
• Rule Type = Account Combination, Value Type = Source, Value =
102.10.15170.000.000.000.

Chapter 8 - Page 3
Manage Description Rules: XXDescription
• Rule = Supplier Name, Supplier Number, Invoice Supplier Number, Invoice Type.
Manage Journal Entry Rule Sets

• XXInvoice Accrual Basis
− Event Class: Payables.
− Event Type: Invoices.
− Journal Lines region, Item Expense line, Account Combination Rule: XXAccount
Rule.
• XXCredit Memo Accrual Basis
− Event Class: Payables
− Event Type: Credit Memo.
− Journal Lines region, Item Expense line, Account Combination Rule:

XXCRAccount Rule.
Edit Accounting Method: InFusion US Standard Accrual:

• End date row for both Event Classes: Invoices and Credit Memo.
• Add row for XXInvoice Accrual Method.
• Add row for XXCredit Memo Accrual Method.
After creating transactions and submitting the Create Accounting process, the journal entries
will display the following fields, based on the practices:
Invoice:
• Item expense account value: 101.10.15160.000.000.000.
Credit Memo:
• Item expense account value: 101.10.15170.000.000.000.

Chapter 8 - Page 4
Creating an Invoice Demonstration
Overview
In this demonstration the instructor will create an invoice and credit memo that contains
transaction data that will be affected by the accounting rules practices.
In this demonstration, your instructor will:

• Verify that the Payables US Standard Accrual accounting method is active. Activate if
necessary.
• Show the application of accounting rules using a Payables invoice.
Assumptions

Create a Payables invoice.
• Use your user to create Invoices.
• Navigate to the Invoices work area.
Tasks
1. Navigate to: Navigator > Tools: Setup and Maintenance > Manage Implementation
Projects > XXImplementation Project > Financials > Define Invoicing and Payments
Configuration > Define Subledger Accounting Rules > Define Subledger Accounting
Methods. > Manage Accounting Methods > Go to Task
2. Select Go to Task for the task.
3. Select the row header for US Standard Accrual.
5. Click the Activate button located on the Payables tab.
Note: If Status is Active, no action is required.
6. Wait for the message that the system has finished the activation.
7. Click OK.
Perform the following tasks to create an invoice:

9. Navigate to: Payables > Invoices > Create Invoices.

Chapter 8 - Page 5
10. Complete the fields on the Create Invoice page as shown in the following table:
Field Window/Page Description

Business Unit US1 Business Unit
Supplier Advanced Corp
Invoice Number XX-Test
Amount 1095.00
Description Invoice for subledger accounting test
Default Date Today’s Date
(accept) Note: If today is the last day of the month, use the day
prior.

11. Accept all other defaults at the header level.
12. In the Lines region, click Add Row.
13. Enter Amount: 1000.
14. Click the Distribution link on the top of the Lines region.
15. Click the Select: Distribution Combination: Account Selector.
16. Complete the Distribution Combination: 101.10.15160.000.000.000.
18. Click Save.
19. Select Invoice Actions: Validate.
Note: The Invoice Summary region, Status: Validation should be Validated.
20. Select Invoice Actions: Account and Post to Ledger.
21. Click OK to dismiss the Confirmation window.
Note: The Invoice Summary region, Status: Accounting should be Accounted.
22. Select Invoice Actions: View Accounting.
23. Click the T-Accounts button.
24. Click Done.
25. Click Done.

Chapter 8 - Page 6
Creating Invoice and Credit Memo
Overview
Use a Payables invoice and credit memo to demonstrate the application of accounting rules.
Note: The application of accounting rules will be demonstrated during the upcoming Submit the
Create Accounting Process demonstration.
Assumptions
Before this activity, the following demonstration from the student guide must be completed:
• Create Invoice Demonstration
Tasks

1. Navigate to: Payables: Invoices.
2. Select Create Invoice from the Invoices task list.
4. Search Supplier: Advanced Corp.
5. Enter Number: XX-0001.
6. Enter Amount: 54.75.
7. Enter Description: Invoice for subledger accounting practices.
8. Accept default Date: Today's Date.
Note: If today is the last day of the month, use the day prior.
11. Enter Amount: 50.
12. Click the Distribution link.
13. Click the Distribution Combination: Account Selector.
15. Click OK.
16. Click Save.
18. Note: The Invoice Summary region, Status: Validation: should be Validated.
19. Click Save and Create Another.
Create a Credit Memo

20. If you closed the Create Invoice page: Navigate to: Payables: Invoices > Create Invoice,
or begin in the new Create Invoice page.
22. Search Supplier: Advanced Corp.
23. Enter Number: XX-Credit_0001.
24. Enter Amount: -54.75.
25. Select Type: Credit Memo.
26. Enter Description: Credit memo for subledger accounting practices.
27. Enter Date: Today's date.

Chapter 8 - Page 7
30. Enter Amount: -50.
31. Click the Distribution link.
32. Click the Distribution Combination: Account Selector.
34. Click OK.
35. Click Save.
37. Note: The Invoice Summary region, Status: Validation should be Validated.

Chapter 8 - Page 8
Managing Account Rules
Overview
In this practice, you will use define an account rule for the Payables subledger.
Account rules to determine the accounts for subledger journal entry lines.
In this practice, you will assign different account combination rules based on the invoice type:
• The first account rule is conditional. If the Invoice Type = Standard, use Invoice
Distribution Account, which is the defaulted distribution in Manage
Distributions (101.10.15160.000.000.000).
• The second account rule is not conditional. Rule Type = Account Combination,
Value Type = Source, Value = 101.10.15170.000.000.000.
Assumptions

Tasks
Create a rule for your standard invoice.

1. Navigate to: Setup and Maintenance a> Manage Implementation Projects >
XXImplementation Project> Financials > Define Invoicing and Payments
Methods > Manage Account Rules > Go to Task.
2. Select Create.
3. Enter unique Name: XXInvoice Account Rule.
4. Enter Short Name (all caps, no spaces): XXINVOICE_ACCOUNT_RULE.
5. Enter Description: XXInvoice Account Rule.
6. Enter Chart of Accounts: US Chart of Accounts.
7. Accept the default Rule Type: Account combination.
8. In the Rules region, click Add Row.
9. Select Value Type: Source.
10. In the Value field, click the drop-down arrow.
11. Click Search.
12. Subledger Application: Payables.
13. Name: Invoice Distribution Account.
14. Click Search.
15. Select Name: Invoice Distribution Account.
16. Click OK.
17. Create a condition for Rule 1. Place your cursor in the Rule 1: Conditions region text box,
and remove any existing text.
18. Select Source.
19. Search Name: Invoice Type.
20. Click the Search arrow.
21. Select Payables: Invoice Type.
22. Click OK.

Chapter 8 - Page 9
23. Place the cursor after ).
24. Select Operator: Equal To (=).
25. Enter STANDARD.
26. Select Validate.
27. An Information window appears: Validation is complete.
Note: The validation step validates the Condition, not the rule.
28. Select OK.
29. If the rule status is not active, go to the Actions menu and select Change Status >
Activate.
30. Select Save and Create Another.
Create a Second Rule for Your Credit Memo

31. Enter unique Name: XXCR_Account Rule.

32. Enter Short Name (all caps, no spaces): XXCR_ACCOUNT_RULE.
33. Enter Description: XXCR_Account Rule.
35. Accept the default Rule Type: Account combination.
36. In the Rules region, click Add Row.
37. F: Constant.
38. Click the account selector icon.
39. Enter Value: 101.10.15170.000.000.000.
40. Click OK.
41. If the rule status is not active, go to the Actions menu and select Change Status >
Activate.
43. Select Done.

Chapter 8 - Page 10
Managing Description Rules
Overview
In this practice, you will define a description rule for Payables invoices.
Description rules to build the descriptions for subledger journal entry headers and lines.
In this practice, you will assign different description rules based on the invoice type:
• If the Invoice Type = Standard, the journal line description will include Supplier Name
and Supplier Number.
• If the Invoice Type is not equal to Standard (that is, credit memos, debit memos,
adjustments), the journal line description will include Invoice Type and Invoice Number.
Assumptions

Tasks
1. Navigate to: Setup and Maintenance > Manage Implementation
Projects > XXImplementation Project > Financials > Define Invoicing and Payments
Methods > Manage Description Rules > Go to Task
2. Select Create in the Search Results table.
3. Enter unique Name: XX Description.
4. Enter Short Name (all caps, no spaces): XXDESCRIPTION.
5. Enter Description: XX DESCRIPTION.
6. In the Rules region, click Create.
7. In the Create Description Rule > Description Details text box, enter the text Supplier:
8. Click the Source button.

9. In the Search dropdown, select: Name and enter Supplier Name.
10. Click the arrow pointing right.

Chapter 8 - Page 11
11. Select Supplier Name for Subledger Application: Payables.
12. Click OK.

13. Enter the text (including the comma): , Supplier Number: .
14. Click the Source button.

15. In the Search drop-down list, select Name and enter Invoice Supplier Number.
16. Click the arrow pointing right.
17. Select Invoice Supplier Number for the Payables Subledger.
18. Click OK.


Chapter 8 - Page 12
Create a condition for Rule 1
20. Place your cursor in the Rule 1: Conditions region text box, and delete the existing text.
21. Select Source.
22. In the Search drop-down list, select Name.

23. In the Search field, enter Invoice Type. Click the arrow pointing to the right.

24. Select Payables: Invoice Type.
25. Select OK. If necessary, click x to close the window.

26. Place cursor after Invoice Type. Select Operator: Equal To (=).
27. Click the Insert Value button.

28. Select Standard. Note: If Standard does not appear, type STANDARD.

Chapter 8 - Page 13
29. Click Validate.
30. An Information window appears: Validation is complete.
31. Select OK.
33. Click Done.

Chapter 8 - Page 14
Managing Journal Entry Rule Sets
Overview
In this practice, you will duplicate an existing Journal Entry Rule Set. The journal entry rule set is
a collection of rules. These rules are used to create balanced journal entries for a given event
type.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Implementation Project s >
XXImplementation Project > Financials>Define Invoicing and Payments

Method > Manage Subledger Journal Entry Rule Sets > Go to Task.
2. Select the row header Name: Invoice Accrual Basis journal entry rule set.
3. Select Actions: Duplicate.
4. Enter Name: XXInvoice Accrual Basis.
5. Enter Short Name: XXINVOICE_ACCRUAL_BASIS.
6. Enter Description: XXInvoice Accrual Basis.
Assign Your Account Combination Rule

9. In the Journal Entry region, select Description Rule: XXDescription.
10. In the Journal Lines region, Item Expense line, select Account Combination Rule:
XXInvoice Account Rule.
12. Click Search to refresh the Search Results region.
13. Select the row header for XXInvoice Accrual Basis.
14. Verify the Status of the XXInvoice Accrual Basis is Active. If so, skip to step 19.
15. Select Actions > Change Status > Activate.
16. Click Yes to answer the question: Warning: You have selected to change the status
value on this record. Do you want to continue?
17. Verify that the Status of the XXInvoice Accrual Basis is Active.
18. Leave the Manage Subledger Journal Entry Rule Sets: Payables page open.
Duplicate the Rule Set to Create the Credit Memo Accrual Basis Rule Set
19. Select the row header Name: Credit Memo Accrual Basis journal entry rule set.
20. Select Actions: Duplicate.
21. Enter Name: XXCredit Memo Accrual Basis.
22. Enter Short Name: XXCM_ACCRUAL_BASIS.

Chapter 8 - Page 15
23. Enter Description: XXCredit Memo Accrual Basis.
Assign Your Second Account Combination Rule

26. In the Journal Entry region, select Description Rule: XXDescription.
27. In the Journal Lines region, Item Expense line, select Account Combination Rule:
XXCRAccount Rule.
29. Click Search to refresh the Search Results region.
30. Select the row header for XXCredit Memo Accrual Basis.
31. Verify that the Status of the XXCredit Memo Accrual Basis is Active. If so, skip to
step 36.

32. Select Actions > Change Status > Activate.
33. Click Yes to answer the question: Warning: You have selected to change the status
value on this record. Do you want to continue?
34. Verify the Status of the XXCredit Memo Accrual Basis is Active.
35. Click Done.

Chapter 8 - Page 16
Managing Subledger Accounting Methods Demonstration
Overview
• Edit the US Standard Accrual accounting method.
• Add rows for the Invoices and Credit Memo event classes.
• Enter the previously created rule sets.
• Activate the accounting method.
Instructor demonstration scope

The Edit Subledger Accounting Method activity must be performed by the instructor, who will
create a line for each student’s rules.
Only one user should access the page. The last user on this page overwrites any previous

user's work.
Background
The new journal line rules will be added to an existing accounting method.
The instructor will:
• Edit the accounting method for the Payables subledger.
• Use your user to edit the accounting method.
Assumptions
Tasks
XXImplementation Project > Financials > Define Invoicing and Payments
Methods > Manage Accounting Methods > Go to Task
2. Select the Accounting Method: US Standard Accrual.
3. Click the Payables tab.
4. In the Event Class: Invoices row, enter Effective End Date: 12/31/12.
5. Select Add Row.
6. Select Event Class: Invoices.
7. Select Event Type: All.
8. Select Rule Set: XXInvoice Accrual Basis.
9. Enter Start Date: 01/01/13.
10. In the Event Class: Credit Memo row, enter Effective End Date: 12/31/12.
11. Select Add Row.
12. Select Event Class: Credit Memo.
13. Select Event Type: All.
14. Select Rule Set: XXCredit Memo Accrual Basis.
15. Enter Start Date: 01/01/13.

Chapter 8 - Page 17
17. Select the Activate button if the Payables Status tab does not show Active.
18. When the Warning window appears, click Yes.
19. When the Confirmation window appears, click OK.
20. Verify the Status = Active.
Note: The US Standard Accrual row should display Status: Active.
22. Select Done.

Chapter 8 - Page 18
Creating Accounting and Subledger Journals Demonstration
Overview
• Submit the Create Accounting process.
• View the results.
• Review the subledger journal entry.
Instructor Demonstration Scope

Although you can create accounting using the online process, transfer, and post directly to the
general ledger, in this example, the instructor will:
• Create accounting in draft.
• View the results.

• Review the subledger journal entry.
This will give you an opportunity to view the subledger journal entry.
Background
Use the Create Accounting process to process all accounting events eligible to be processed.
The instructor will:
• Submit the Create Accounting process.
• Use your user to submit the Create Accounting process.
Assumptions
Tasks
Submit the Create Accounting process:

1. Navigate to: Payables: Invoices > Accounting > Create Accounting.
2. Select Subledger Application: Payables.
4. Select Process Category: Invoices.
5. Select End Date: Last day of month.
6. Select Accounting Mode: Draft.
7. Select Report Style: Detail.
8. The Journal Batch: XXCreate Accounting. (Only used if Accounting Mode = Final.)
10. Make a note of the Request ID number displayed in the Information window.
11. Select OK.
View the results:

12. Navigate to: > Tools > Scheduled Processes.
13. If you get a Warning: . . . Do you want to continue? Select Yes.

Chapter 8 - Page 19
14. Click Refresh.
Note: You will see the process: Create Accounting, with the Process ID: xxxxx. There will
be two additional processes: Create Accounting: Worker and Create Accounting
Execution Report and possibly some other processes that were launched by Create
Accounting.
15. Click Refresh until the Create Accounting Execution Report, Status: Succeeded.
16. Select the row header for the Search Results: Name: Create Accounting Execution
Report: status row.
17. The Create Accounting Execution Report, #####: Details region will appear below.
18. Scroll to the bottom of the page and select the Output Name: Default Document link.
19. A PDF report display appears. Click the Download icon and Save to your desktop. The file
name is outputDocument.pdf.
20. Open the file from the desktop to view the report results. You can use Find to locate invoice
XX-0001.

21. Note that per the account rule, the Invoice: XX-0001: Invoice Item expense Account
(101.10.15160.000.000.000) is the Invoice Distribution Account, which is the defaulted
distribution in the invoice Manage Distributions region.
Note: The Journal Entry Description was created by the Description Rule.
22. Note that per the account rule, the Credit Memo: XX-Credit_0001: Invoice Item expense
Account (101.10.15170.000.000.000) based on the XXCRAccount Rule. Note: The
Journal Entry Description was created by the Description Rule.
Review Subledger Journal Entry:

23. Navigate to: Payables > Invoices > Tasks: Accounting > Review Journal Entries.
24. Enter Ledger: US Primary Ledger.
25. Enter Journal Source: Payables.
26. Enter Date: Between: Current month.
27. Enter Transactions Number: Starts with: XX%.
28. Click Search.
29. Select the row header for XX-0001.
30. Expand the Journal Entry Details region below.
31. Click View Journal Entry.
32. Click Done.
33. Click View Transaction.
34. Click Done.
35. Click Done.
36. Click the Journal Entry Details: Transaction Summary tab.
37. Click View Transaction.
38. Click Done.
39. Click Done.

Chapter 8 - Page 20
Reviewing Subledger Journal Entries in General Ledger
Instructor Note: Confirm that the Data Access Set = US Ledger Set.
Overview
In this practice, you will use the Review Subledger Journals task to review subledger journal
entries from the General Ledger.
Assumptions
Prior to this activity, these demonstrations from the student guide must be completed:
• Managing Subledger Accounting Method Demonstration.
• Creating Accounting and Subledger Journals Demonstration.

Tasks
1. Navigate to: General Accounting > Journals > Tasks > Subledger Accounting >
Review Subledger Journals
2. Select Ledger: Equals: US Primary Ledger.
3. Select Journal Source: Equals: Payables.
4. Select Date: Between: Current month.
5. Select Transaction Number: Starts with: XX%.
6. Click Search.
7. Select the row header for Invoice: XX-0001.
8. Scroll down and expand the Journal Entry Details region.
9. Click the Journal Summary tab: View Journal Entry.
10. From the Journal Entry page, you can view additional journal header and line details.
11. Click the Actions button and select View T-Accounts. Note that you can select Balance
Option to alter the view.
12. Click Done.
13. Click Done to close the Journal Entry page.
14. Click Done to close the Review Journal Entries page.
Transfer to General Ledger and Post the Subledger Journal

15. Navigate to: Subledger Accounting > Create Accounting.
16. Select Subledger Application: Payables.
18. Select Process Category: Invoices.
19. Enter End Date: Last day of the month.
20. Select Accounting Mode: Final.
21. Select Process Events: All.
22. Select Report Style: Summary.
23. Select Transfer to General Ledger: Yes.
24. Select Post in General Ledger: Yes.
25. Enter Journal Batch: XXJournal Batch.

Chapter 8 - Page 21
26. Click Submit.
27. Make a note of the Request ID number in the Information window.
View Process Output

29. Navigate to: Tools > Submit and Monitor Processes or Navigator > Tools > Scheduled
Processes
30. If you get a Warning: . . . Do you want to continue? select Yes.
31. Click Search.
32. Note: You will see your Process ID: xxxxx: Display Name: Create Accounting. There will
be two additional processes with Display Name: Create Accounting: Worker and Create
Accounting Execution Report.
33. Click Refresh until the Create Accounting Execution Report, Status: Succeeded.

34. Select the row header for Search Results: Display Name: Create Accounting Execution
Report: Status row.
35. Select OK in the Information window.
36. The Create Accounting Execution Report, ##### details region will appear.
37. Scroll to the bottom and select Output Name: Default Document link.
38. A PDF report display appears. Hover to display the PDF tool bar. Save to your desktop.
The file name is outputDocument.pdf.
39. Open the file from the desktop to view the report results.
View Journal in General Ledger

40. Navigate to: General Accounting > Journals > Tasks > Journals > Manage Journals
41. Enter Journal Batch: Starts with: XX.
42. Click Search.
43. Click Journal Batch: XXJournal Batch . . . for Ledger: US Primary Ledger.
44. Note: Batch Status: Posted and Completion Status: Complete.
45. Click Cancel.

Chapter 8 - Page 22
Tax
Chapter 9
Practices for Lesson 9: Configuring Oracle Fusion Tax

Chapter 9 - Page 1
Practices Overview
In these practices, you will create two different tax configurations and test one of them. The
practices are:
• Viewing Calculated Tax on a Receivables Transaction Demonstration.
• Creating Tax Regime Data in a Spreadsheet Demonstration.
• Creating a Minimum Tax Configuration.
• Creating Tax Setup Using the Tax Configuration Workbook.
• Using the Tax Simulator to Test a Receivables Transaction.

Chapter 9 - Page 2
Viewing Calculated Tax on a Receivables Transaction Demonstration
Overview
In this demonstration, you will view the calculated US sales tax on a Receivables sales invoice.
Assumptions
Background
After setting up your tax configuration and verifying the transaction results through testing, you
can enable the applicable tax or taxes for transactions. The tax determination process uses your
tax configuration and the details on the transaction to determine which taxes apply to the
transaction and how to calculate the tax amount for each tax that applies to the transaction.
You completed your setup and testing of your US sales tax configuration and are now ready to

apply it to a Receivables transaction.
Tasks
1. Navigate to: Oracle Fusion Receivables > Billing work area.
2. Click the Manage Transactions link. Use the Manage Transactions page to review,
create, and edit open debits and credits.
3. Enter 1005198 in the Transaction Number field.
5. Click the 1005198 link in the Transaction Number column in the Search Results table.
6. Review the transaction details.
7. Click the 5136.09 amount in the Tax field to view the tax calculated on the invoice lines.
You can also click the Edit icon next to the Tax field amount to edit tax lines depending on
your security settings and options specified during tax setup.
8. Use the Detail Tax Lines window to manage tax information for an invoice. Tax was
calculated on the transaction line based on the tax setup.
10. Click the Save and Close list item. After you save your transaction, a message appears
indicating that it was saved.

Chapter 9 - Page 3
Creating Tax Regime Data in a Spreadsheet Demonstration
Overview
In this demonstration, you will:
• Create tax regime setup data in a spreadsheet.
• Create tax regime subscription setup data in a spreadsheet.
Access the spreadsheets used to create tax configuration in the Rapid Setup Spreadsheets list
of values located in the Search Results table on the respective Manage page.
Rapid Setup Spreadsheets list of values for each rapid implementation task includes:
• Downloading the spreadsheet template for new setup data creation.

• Downloading existing setup data to a spreadsheet for adding new setup data.
• Uploading new setup data from a spreadsheet.
For the purpose of this example, you will download the spreadsheet template for new setup data
creation from the Manage Tax Regimes page.
Assumptions
Background
In this demonstration, you are using a spreadsheet to set up a tax regime for your transaction
tax configuration for your US-based organization.
Note: You can set up your entire tax configuration using spreadsheet functionality.
Tasks
Creating Tax Regime Setup Data in a Spreadsheet

1. Navigate to: Setup and Maintenance > Define Taxes for Rapid Implementation >
Manage Tax Regimes > Go to Task.
2. On the Manage Tax Regimes page for Transaction Tax, click the Rapid Setup
Spreadsheets button in the Search Results region. Select Download Tax Regimes
Spreadsheet Template from the list of values.
3. Click OK to open the spreadsheet using Microsoft Office Excel.
4. Click the Manage Tax Regimes tab in the spreadsheet.
5. Prepare your tax configuration data using the Manage Tax Regimes spreadsheet.
6. Enter XX DEMO in the Tax Regime Code field.
7. Select United States in the Country field.
8. Enter 2001/01/01 in the Start Date field.
9. Save the spreadsheet data file in a CSV file format by using the Generate CSV File macro
button on the Instructions tab of the spreadsheet. You may need to enable macros to use
the Generate CSV File button.

Chapter 9 - Page 4
10. On the Manage Tax Regimes page for Transaction Tax, click Upload Tax Regimes from
a Spreadsheet in the Rapid Setup Spreadsheets list of values in the Search Results
region.
11. In the Upload Tax Regimes from a Spreadsheet dialog window, select your file and click
Upload.
12. Click OK to acknowledge that your process was submitted.
13. In the Manage Tax Regimes page for Transaction Tax, select the Monitor Upload and
Download Processes tab.
14. Note the status of your process:
• If the status of the upload process is Succeeded and there are no validation errors in
the log file, you can view your tax regime using the search criteria in this page.
• If the upload failed, check the details in your upload file, correct any errors, and upload
the file again.

Creating Tax Regime Subscription Setup Data in a Spreadsheet
Subscribe business unit, US1 Business Unit, to the tax regime you created.
Note: You must first ensure that the tax regime exists in Oracle Fusion Tax before
uploading the Regime Subscriptions Spreadsheet Template.
15. On the Manage Tax Regimes page for Transaction Tax, click Download Regime
Subscriptions Spreadsheet Template in the Rapid Setup Spreadsheets list of values in
the Search Results region.
17. Click the Manage Tax Regime Subscriptions tab in the spreadsheet.
18. Prepare your tax configuration data using the Manage Tax Regime Subscriptions
spreadsheet.
19. Enter XX DEMO in the Tax Regime Code field.
20. Enter US1 Business Unit in the Party Name field.
21. Select Business unit owning tax content in the Party Type field.
22. Select Yes in the Enabled field.
23. Enter 2001/01/01 in the Effective Start Date field.
24. Save the spreadsheet data file in a CSV file format by using the Generate CSV File macro
button on the Instructions tab of the spreadsheet. You may need to enable macros to use
the Generate CSV File button.
25. On the Manage Tax Regimes page for Transaction Tax, click Upload Regime
Subscriptions from a Spreadsheet in the Rapid Setup Spreadsheets list of values in the
Search Results region.
26. In the Upload Regime Subscriptions from a Spreadsheet dialog window, select your file
and click Upload.

Chapter 9 - Page 5
28. In the Manage Tax Regimes page for Transaction Tax, select the Monitor Upload and
29. Note the status of your process.
the log file, you can view your tax regime subscription details by searching for and
selecting the tax regime for view or edit.
the file again.

Chapter 9 - Page 6
Creating a Minimum Tax Configuration
Overview
In this practice, you are creating a new minimum tax configuration for US Sales and Use Tax
using Oracle Fusion Tax pages.
Note: This tax configuration will be used in the Using the Tax Simulator to Test a
Receivables Transaction activity.
Assumptions
When implementing transaction tax, you can define scope values for taxes, tax
jurisdictions, tax statuses, and tax rates in the foundation setup.
For example, if you select a tax regime to use as a scope value for a tax, that value is
automatically populated in the search attributes on the Manage Tax page. That tax regime's
attributes are also populated on the Create Tax page. The same logic applies to the next step in

the foundation setup.
For the purposes of this practice, we will not identify a scope value for the tax.
Note: This practice is for illustrative purposes and may not represent your true tax model.
For example:
− The recommended setup for US sales tax is to create three different taxes within the
one tax regime to define state, county, and city taxes. You would create multiple tax
jurisdictions for each tax to cover the states, counties, and cities that you need.
− The tax rates may not represent actual tax rates.
− You can use third-party content for the creation of all detailed US tax jurisdictions
and tax rates, as well as the creation of all required geography information such as
states, counties, cities, and postal codes.
Defining a Tax Regime
Tasks
1. Navigate to: Setup and Maintenance > Define Taxes for Rapid Implementation task
list > Manage Tax Regimes > Go to Task.
2. On the Manage Tax Regimes page for Transaction Tax, click the Create icon.

Chapter 9 - Page 7
3. Complete the fields, as shown in the following table:
Field Value
Tax Regime Code XX US SUT
Tax Regime Name US Sales and Use Tax
Country United States
Start Date 1/1/01
Tax Currency USD – US Dollar
Minimum Accountable Unit 0.01
Tax Precision 2
Appears as a default when you select
the tax currency.

Allow tax rounding override Select
4. Select US1 Business Unit in the Party Name field in the Configuration Options and
Service Subscriptions region.
5. Select Common configuration with party overrides in the Configuration for Taxes and
Rules field.
6. Common configuration appears as a default in the Configuration for Product
Exceptions field.
You will be directed back to the Define Taxes for Rapid Implementation task list in the Setup
and Maintenance work area.
Defining a Tax
Tasks
1. Navigate to: Define Taxes for Rapid Implementation task list > Manage Taxes page.
2. On the Manage Taxes page for Transaction Tax, click the Create icon.
Field Value
Tax Regime Code XX US SUT
Configuration Owner Global configuration owner
Tax XX US STATE SALES
Tax Name US State Sales
Tax Type Sales tax
Geography Type STATE
Parent Geography Type COUNTRY

Chapter 9 - Page 8
Field Value
Parent Geography Name United States
Allow tax rounding override This option is automatically selected
because you selected this option at the
tax regime level.
Allow override of calculated tax lines Select
Allow entry of manual tax lines Select
Allow duplicate registration numbers Select
Allow multiple jurisdictions This option is automatically selected by
default.
Allow creation of multiple jurisdictions Select

Allow tax exceptions This option is automatically selected by
default.
Allow tax exemptions This option is automatically selected by
default.
4. Click the Tax Accounts tab.

6. On the Create Accounting Details dialog box, enter US Primary Ledger in the Ledger
field and click OK.
7. The Tax Account Details region appears. Enter 101.10.25200.000.000.000 in the Tax
Liability Account field.
8. Click the Tax Rule Defaults tab.
9. Select Ship to, use bill to if ship to is not found in the Place of Supply field.
10. Select Applicable in the Tax Applicability field.
11. Select Ship-from party in the Tax Registration field.
12. STANDARD_TC appears as a default in the Tax Calculation Formula field.
13. STANDARD_TB appears as a default in the Taxable Basis Formula field.
Defining a Tax Jurisdiction
Tasks
1. On the Edit Tax page, click the Tax Rule Defaults tab and select the Tax Jurisdiction
row.
2. Click the Create Default button.

Chapter 9 - Page 9
Field Value
Tax Jurisdiction Code XX US TX STATE SALES
Tax Jurisdiction Name US TX State Sales
Geography Type STATE
Geography Name TX
A value for TX may appear below the
field. You can click this value or simply
click in the Default Start Date field.
4. The values of COUNTRY and United States appear in the Parent Geography Type and

Parent Geography Name fields, respectively.
5. Enter 1/1/01 in the Default Start Date field.
You will be directed back to the Edit Tax page.
Defining a Tax Status
Tasks
1. On the Edit Tax page, Tax Rule Defaults tab, select the Tax Status row.
3. Complete the fields, as shown in the following table.
Field Value
Tax Status Code XX US STATE SALES STANDARD
Tax Status Name US State Sales Standard
Default Start Date 1/1/01

Defining a Tax Rate
Tasks
1. On the Edit Tax page, Tax Rule Defaults tab, select the Tax Rate row.

Chapter 9 - Page 10
3. Complete the fields, as shown in the following table.
Field Value
Tax Status Code XX US STATE SALES STANDARD
Tax Rate Code XX US STATE SALES STANDARD
4. Enter 7.25 in the Rate Percentage field in the Rate Periods region.
6. Enter 1/1/01 in the Default Start Date field.
Enabling a Tax for Simulation

Tasks
1. On the Edit Tax page, select the Enable tax for simulation option. At this time, do not
select to enable the tax for transactions until we test the configuration using the Tax
Simulator.
Information: For further information about setting up your minimum tax configuration, refer to
the Help Portal to view the demonstrations on:
• Configuring Taxes for Transactions Part 1: Setting Up Tax Regimes.
• Configuring Taxes for Transactions Part 2: Setting Up Defaults for Taxes.
• Configuring Taxes for Transactions Part 3: Setting Up Tax Jurisdictions, Tax
Statuses, Tax Recovery Rates, and Tax Rates.

Chapter 9 - Page 11
Creating Tax Setup Using the Tax Configuration Workbook
Overview
You can create your tax configuration using the pages in Oracle Fusion Tax, as you did in the
Creating a Minimum Tax Configuration activity. You can also create your tax configuration using
the rapid setup spreadsheets.
In this practice, you create a tax configuration for value-added tax (VAT) in the United Kingdom
using the Tax Configuration Workbook.
Assumptions
The Tax Configuration Workbook is a Microsoft Excel spreadsheet template with five common
tax setup worksheets:
• Manage Tax Regimes

• Manage Taxes
• Manage Rates
• Manage Tax Recovery Rates
• Manage Tax Rules
Oracle Fusion Tax provides predefined tax regimes and taxes in the Tax Configuration
Workbook to enable quick and easy setup. In this practice, we will use the GB VAT tax regime
and create a new:
• Tax.
• Tax rate.
• Tax recovery rate.
Creating Tax Setup Data
Tasks
Manage Tax Regimes > Go to Task.
2. On the Manage Tax Regimes page for Transaction Tax, click the Rapid Setup
Spreadsheets button in the Search Results region. Select Download Tax Configuration
Workbook from the list of values.
4. Right-click the Tax Conf Workbook Instructions tab in the spreadsheet.
5. Click Unhide.
6. Select Manage Tax Regimes and click OK.
7. The predefined tax regimes are listed in the Manage Tax Regimes spreadsheet. Select all
of the rows except for GB VAT and delete them. You will be using the GB VAT predefined
tax regime setup.
8. Right-click the Manage Tax Regimes tab in the spreadsheet.
9. Click Unhide.

Chapter 9 - Page 12
10. Select Manage Taxes and click OK.
11. The predefined taxes are listed in the Manage Taxes spreadsheet. Select all of the rows
except for GB VAT and delete them.
12. On the Manage Taxes tab, change the Tax value from GB VAT to XX GB VAT. You will be
creating your own unique tax using the predefined tax attributes.
13. Change the Default Place of Supply value from Ship from to Ship to use bill to if ship
to is not found. This change is necessary to comply with the current European Union law
for taxable supply of goods and services.
14. Click the Manage Rates tab in the spreadsheet.
Note: You need to create both a default nonjurisdiction-based tax rate and a default
jurisdiction-based tax rate or rates for each type of transaction tax in a given country. The
number of specific default jurisdiction-based tax rates you set up depends on the
transaction tax regulations for that country. The default nonjurisdiction-based tax rate
created for each tax is required to enable the tax for either simulation or simulation and

transaction processing.
15. Complete the fields, as shown in this table, to set up a default nonjurisdiction-based tax rate
for your XX GB VAT tax. For the tax regime and tax, you may have to scroll up in the
window to select the value.
Field Value
Tax Regime Code GB VAT
Tax XX GB VAT
Tax Status Code STANDARD
Tax Jurisdiction Code Blank
Tax Jurisdiction Name Blank
Geography Name Blank
Tax Rate Code XX GB VAT DEFAULT
Tax Rate Name XX GB VAT Default
Tax Rate 0
Set As Default Rate Yes
Effective Start Date 2011/01/01
Note: The default nonjurisdiction-based tax rate is applied only in the absence of a valid tax
rate rule or a default jurisdiction-based tax rate. It is a common tax rate that is applied when
there is no specific tax rate defined for the jurisdiction associated with the transaction. The
default nonjurisdiction-based tax rate can prevent potential transaction errors when a tax
place of supply location on a transaction legally stops imposing a tax rate in accordance
with newly enacted laws.

Chapter 9 - Page 13
16. Complete the fields, as shown in this table, to set up a default jurisdiction-based tax rate.
For the tax regime and tax, you may have to scroll up in the window to select the value.
Field Value
Tax XX GB VAT
Tax Status Code STANDARD
Tax Jurisdiction Code GB VAT
Tax Jurisdiction Name GB VAT
Geography Name United Kingdom
Tax Rate Code XX GB VAT STANDARD

Tax Rate Name XX GB VAT Standard
Tax Rate 20
Note: The default jurisdiction-based tax rates:

− Ensures that the calculated transaction tax amounts are based on the rates
enforced by the tax authority for a particular jurisdiction.
− Allows correct downstream reporting of transaction tax amounts on a periodic basis
to the proper local tax authorities.
Without the creation of valid default jurisdiction-based tax rates, filing of tax reports and
returns cannot be completed. The jurisdiction information is required for the calculated
transaction tax amounts to appear on the tax reports and returns for filing with the specific
local tax authorities.
17. Click the Manage Tax Recovery Rates tab in the spreadsheet.
18. Complete the fields, as shown in this table for the tax recovery rate. For the tax regime and
tax, you may have to scroll up in the window to select the value.
Field Value
Tax XX GB VAT
Tax Recovery Rate Code XX GB VAT STANDARD REC RATE
Tax Rate 100

Chapter 9 - Page 14
19. Save the spreadsheet tax data in a zip file that contains CSV formatted data by using the
Generate CSV File macro button on the Instructions tab of the spreadsheet. You may
need to enable macros to use the Generate CSV File button.
Save your spreadsheet zip file with a unique name by adding _XX to the file name.
20. On the Manage Tax Regimes page for Transaction Tax, click Upload Tax Configuration
Workbook in the Rapid Setup Spreadsheets list of values in the Search Results region.
21. In the Upload Tax Configuration Workbook dialog box, select your file and click Upload.
23. On the Manage Tax Regimes page for Transaction Tax, select the Monitor Upload and
24. Note the status of your process.
the log file, you can view your tax regime using the search criteria on this page.

the file again.
Enabling a Tax for Simulation

Tax is not enabled for simulation or transactions when it is created from a spreadsheet upload.
You can enable a tax for simulation from the:
• Create Tax page
• Edit Tax page
• Enable Taxes option in the Rapid Setup Spreadsheet list of values on the Manage
Taxes page
Note: The Enable Taxes option in the Rapid Setup Spreadsheet list of values on the
Manage Taxes page automatically enables a tax for both simulation and transactions
processing. The best practice is to first enable a tax or collection of taxes for simulation only
using the Create Tax page or the Edit Tax page. Use the Oracle Fusion Tax Simulator to
thoroughly test all tax setups for accuracy before enabling the tax or collection of taxes for
transactions processing. Once you enable a tax for both simulation and transactions
processing, you can’t modify the tax setup.
Tasks
Manage Taxes > Go to Task.
2. On the Manage Taxes page for Transaction Tax, enter XX GB VAT in the Tax field and
click Search.
3. Select the row with your tax and click the Edit icon.
4. On the Edit Tax page, select the Enable tax for simulation option. You can use the Tax
Simulator to test your configuration before you enable your tax for transactions.

Chapter 9 - Page 15
Using the Tax Simulator to Test a Receivables Transaction
Overview
In this practice, you will use the Tax Simulator to test a Receivables transaction.
Assumptions
After setting up your tax configuration and verifying the transaction results through testing, you
can enable the applicable tax or taxes for transactions. The tax determination process uses your
tax configuration and the details on the transaction to determine which taxes apply to the
transaction and how to calculate the tax amount for each tax that applies to the transaction.
You completed your set up and are now ready to test your US sales tax configuration on a
simulated Receivables transaction.

Navigating to the Tax Simulator
Tasks
1. Navigate to: Setup and Maintenance > Define Taxes for Rapid Implementation task
list > Manage Simulator Transactions > Go to Task.
2. Use the Manage Tax Simulator Transactions page to test your tax configuration with
existing transactions, as well as newly created transactions, without impacting active data.
Entering a Receivables Transaction to Test Your Tax Setup
Tasks
1. Click the Create button.
Field Value
Document Event Class Sales invoice
Legal Entity US1 Legal Entity
Business Unit US1 Business Unit
Document Number XX_SIMAR
Evaluate Taxes Enabled for simulation
The application processes all taxes
enable for simulation.
3. Click the Name search icon to enter a bill-to customer.

4. Enter Dixon in the Name field.
6. Select the row with the customer number 59300.
8. Select Dallas in the Site field.
9. Enter line information for line number 1.

Chapter 9 - Page 16
10. Enter Hardware in the Line Description field.
11. Enter 3000.00 in the Amount field.
Viewing Tax Lines
Tasks
1. Click the View Tax Lines button.
2. Use the Tax Line Details page to view additional details about the tax calculation that
applies to a specific detail tax line.
3. Use the header region to view attributes that drive tax determination or tax
calculation.
4. Use the tax line details table to view the calculated tax lines with the corresponding
tax configuration details for each transaction line.

5. Use the Rule Results region to view the processing and evaluation of the rules
associated with a rule type. For each tax rule listed in the tax rules process results table,
you can drill down to the associated rule conditions to view the condition details. For this tax
line no rules were evaluated. The default values for the rule types were used in tax
determination, so no rule conditions are displayed.
Information: For further information about setting up your minimum tax configuration, refer to
the Help Portal to view the demonstrations on:
• Configuring Taxes for Transactions Part 4: Verifying Tax Configuration.
• Configuring Tax Rules Part 2: Verifying Tax Applicability Rules.

Chapter 9 - Page 17

Chapter 9 - Page 18
Payables
Chapter 10
Practices for Lesson 10: Configuring Oracle Fusion Payables

Chapter 10 - Page 1
Practices Overview
• Viewing an Existing Supplier Demonstration
• Provisioning a Data Role
• Creating a Payment Term
• Managing Common Options for Payables and Procurement
• Managing Invoice Options
• Managing Payment Options

Chapter 10 - Page 2
Viewing an Existing Supplier Demonstration
Overview
In this demonstration, your instructor will be:
• Searching for a supplier.
• Exploring the supplier site.
• Examining the business units that are assigned to the supplier site.
Assumptions
Sign in as Casey.Brown.
Tasks
1. Navigate to: Procurement > Suppliers.

2. Enter Advanced Corp in the Search: Suppliers section on the left pane.
3. Click Search.
4. Click the Sites tab to view the site record. The site AC US1 is associated with the
procurement BU US1 Business Unit.
5. Click the link for the site AC US1 to open the Edit Site: AC US1 page.
6. Click the Site Assignments tab.
7. Hover over the link for the client BU US1 Business Unit to view the business functions for
that business unit.
8. Click Cancel.
Note: More information on supplier setup is covered in the Oracle Fusion Procurement
Implementation class.

Chapter 10 - Page 3
Provisioning a Data Role
Overview
In this practice, you will be:
• Searching for your user in Oracle Identity Manager.
• Assigning the data role for your business unit to your user.
Note: When a business unit is created, the data role for that business unit is automatically
generated and assigned to the Application Implementation Consultant job role. Since your
FASXX.Student user has this job role, you already have access to the business unit that
you created earlier. The purpose of this practice is to show you how to assign a business
unit data role if you want to restrict access to one business unit.

Assumptions
You successfully completed the following practices:
• Creating an Implementation Project
• Entering Data in Rapid Implementation Spreadsheet
• Uploading Chart of Accounts File
• Deploying a Chart of Accounts Demonstration
• Uploading Ledger, Legal Entity, and Business Unit File
Tasks
for Financials > Define Implementation Users > Provision Roles to Implementation
Users > Go to Task.
2. From Oracle Identity Manager, click the Administration link in the upper right-hand corner
of the page.
3. Click the Advanced Search - Users link.
4. Enter your FASXX.Student user in the User Login field.
5. Click Search.
6. Click the Display Name link for your name in the Search Results section.
7. Click the Roles tab.
8. Click Assign.
9. Enter %Fin%Appl%XX% in the Display Name field, where XX is the number that you were
assigned, which is part of your business unit name.
10. Select Search. One row should be returned with a Display Name of Financial Application
Administrator XXBusiness Unit.
11. Select the row.
12. Click Add to add the data role for your business unit to your user.
13. Close the Oracle Identity Manager tab on your browser.

Chapter 10 - Page 4
(Optional) Troubleshooting if you cannot find your data role:
14. Navigate to: Define Data Security for Financials > Manage Role Templates > Go to
Task.
15. Locate and click the Search-Role Templates link in the Search and Create panel (located
on the bottom right).
16. Click Search to search for all role templates.
17. Find the Financials Common Module Template for Business Unit Security template
and click the template name.
18. Click Open.
19. Click the Summary tab.
20. Click Generate Roles.
21. Wait about 5 minutes.

Chapter 10 - Page 5
Creating a Payment Term
Overview
• Setting the scope for your business unit.
• Creating a payment term with multiple discounts.
• Assigning the Common set to the payment term.
Assumptions
•

Uploading Chart of Accounts File
The installments and discounts for the new payment term are:
• First installment: 40 percent due in 10 days, with a discount of 5 percent if paid in 7
days.
• Second installment: 35 percent due in 20 days, with a discount of 3 percent if paid in
15 days.
• Third installment: 25 percent due in 30 days, with a discount of 2 percent if paid in 25
days.
Tasks
Configuration > Define Payables > Define Common Options for Payables and
Procurement > Manage Payment Terms > Go to Task.
2. Set the scope for the business unit that you created in the Uploading Ledger, Legal
Entity, and Business Unit File practice. Click the hyperlink in the Selected Scope column
for the Manage Payment Terms task.

Chapter 10 - Page 6
3. The Select Scope window opens with the Manage Payment Terms option selected.
Select the Select and Add option from the Business Unit list. You might see business
units that have previously been selected in the list.
4. Click Apply and Go to Task.

5. The Select and Add: Business Unit window opens. Search for and select the row for your
business unit.
6. Click Save and Close at the bottom of the page. The Manage Payment Terms page
opens.
7. Click Create.
8. In the Name field, enter the payment term name XXPayment Terms, where XX is the
number assigned to you by the instructor.
9. Enter the following in the Description field: Multiple installments with discounts.
10. Click Add Row in the Installments section.
11. In the Installments section, enter 40 in the Due (%) field and enter 10 in the Days field.
12. In the Discount section, enter 5 in the First Discount (%) field and enter 7 in the First
Discount Days field.


Chapter 10 - Page 7

19. Click Save.

20. Click Add Row in the Set Assignments section.
21. Click the Set Code list and select COMMON.

Chapter 10 - Page 8
Managing Common Options for Payables and Procurement
Overview
• Verifying that the scope is set for your business unit.
• Reviewing default distribution combinations for your business unit.
Assumptions
•

Tasks
Configuration > > Define Payables > Define Common Options for Payables and
Procurement > Manage Common Options for Payables and Procurement > Go to
Task.
2. The name of your business unit should appear below the page title. Now you are ready to
review the common options within the context of your business unit.
Note: If you get a permission error, check in Oracle Identity Manager that the data role for
your business unit is assigned to your user. Refer to the Provisioning a Data Role
practice.

Chapter 10 - Page 9
3. Review the distribution combination values that were automatically created in the
Uploading Ledger, Legal Entity, and Business Unit File practice.
Field Value
Liability 00-000-2210-00
Prepayment 00-000-1350-00
Conversion Rate Variance Gain 00-000-7890-00
Conversion Rate Variance Loss 00-000-7890-00
Discount Taken 00-000-7790-00
Miscellaneous 00-000-5620-00
Realized Gain Distribution 00-000-5130-00

Realized Loss Distribution 00-000-5130-00

5. Click Done.

Chapter 10 - Page 10
Managing Invoice Options
Overview
• Setting the scope for your business unit.
• Configuring invoice options for your business unit.
Assumptions
•

• Manage Common Options for Payables and Procurement
Tasks
Configuration > Define Payables > Define General Payables Options > Manage
Invoice Options.
2. Set the scope for the business unit that you created in the Uploading Ledger, Legal
Entity, and Business Unit File practice. Click the hyperlink in the Selected Scope column
for the Manage Invoice Options task.
3. The Select Scope window opens with the Manage Invoice Options option selected.
Select the Select and Add option from the Business Unit list. You might see business
units that have previously been selected in the list.
4. Click Apply and Go to Task.
5. The Select and Add: Business Unit window opens. Search for and select your business
unit.
6. Click Save and Close at the bottom of the page. The Manage Invoice Options page
opens and the name of your business unit should appear below the page title. Now you are
ready to set the invoice options within the context of your business unit.

7. Configure the options that are listed in the following table. For the Payment Terms field,
select the payment term that you created in the Creating a Payment Term practice.
Section Field Value

Invoice Entry Require invoice grouping Enable
Invoice Entry Recalculate invoice Enable
installments
Invoice Entry Invoice Currency USD
Invoice Entry Payment Currency USD
Invoice Entry Pay Group Standard
Invoice Entry Payment Terms XXPayment Terms
Payment Request Pay Group Standard

Self-Service Invoices Allow Unit Price Change for Price decrease only
Quantity-Based Matches

9. Click Done.

Managing Payment Options
Overview
• Verifying that the scope is set for your business unit.
• Reviewing the default payment option settings.
Assumptions
•

• Managing Common Options for Payables and Procurement
• Managing Invoice Options
Tasks
Configuration > > Define Payables > Define General Payables Options > Manage
Payment Options > Go to Task.
2. The name of your business unit should appear below the page title.
3. Review the default payment options.
5. Click Done.


Payments - Payables
Chapter 11
Practices for Lesson 11: Configuring Oracle Fusion Payments - Payables

Chapter 11 - Page 1
Practices for Lesson 11: Configuring Oracle Fusion Payments:
Payables
Practices Overview
• Setting Up a Payment System.
• Setting Up Payments.
• Submitting a Payment Process Request.
Instructor Note: Confirm that the payment method is set to Check in the Supplier record
before students perform these practices.
Assumptions

Sign in as Casey.Brown
Setting a Default Payment Method

1. Navigate to: Procurement > Suppliers.
2. In the Tasks pane, click the Manage Suppliers link.
3. In the Supplier field, enter Advanced Corp.
5. In the Search Results region, click the Advanced Corp link.
6. Click the Sites tab.
7. Click the AC US1 link.
8. Click the Payments tab.
9. Click the green default check mark icon.
10. To make the Check payment method the default payment method, select the Default
column on the same line as the Check payment method.

Chapter 11 - Page 2
Setting Up a Payment System
Overview
In this practice, you want to set up your payment system so you can test the transmission of
outbound electronic payment files. You will complete the following tasks:
• Set up a disbursement payment file format.
• Set up a funds capture settlement file format.
• Set up a transmission configuration to transmit outbound electronic payment files to the
payment system.
• Set up a payment system and associate it with the disbursement payment file format
you created.
• Set up a payment system account.

Assumptions
Tasks
Creating a Disbursement Payment File Format

1. Navigate to: Navigator > Setup and Maintenance > Financials > Define Invoicing and
Payments Configuration > Configure Payment System Connectivity > Manage
Formats > Go to Task > Manage Formats page.
2. From the Select Type list in the Search Results region on the Manage Formats page,
select Disbursement Payment File Formats.
Note: The Select Type list is in the middle of the page, not in the upper right.
4. In the Name field on the Create Format page, enter XXDisbursements format.
5. In the Code field, enter XXD code.
6. In the BI Publisher Template field, enter IBYDE_N1US.
Creating a Funds Capture Settlement Format

9. In the title bar of the Search Results region on the Manage Formats page, use the Select
Type list to select the Funds Capture Settlement Format.
Note: The Select Type list is in the middle of the page, not in the upper right.
11. In the Name field on the Create Format page, enter XXFunds Capture format.
12. In the Code field, enter XXFC code.
13. In the BI Publisher Template field, enter IBYDE_N1US.

Chapter 11 - Page 3
Selecting the Protocol for the Transmission Configuration
Transmission Configurations > Go to Task > Manage Transmission Configurations
page.
18. From the Select Protocol list in the Search Results region on the Manage Transmission
Configurations page, select File Transfer Protocol for Static File Names.
Creating the Transmission Configuration

20. In the Configuration field on the Create Transmission Configuration page, enter
XXPayments Training Configuration.
21. In the Protocol field, File Transfer Protocol for Static File Names appears as read-only.
22. In the Value field on the FTP Server IP Address line, enter Payments

training.oracle.com.
23. In the Value field on the FTP Account User Name line, enter Payments training
username.
24. In the Value field on the FTP Account Password line, enter Payments training
password123.
25. In the Value field on the Remote File Directory line, enter /tmp.
Creating a Payment System

Payment Systems > Go to Task > Manage Payment Systems > Create > Create
Payment System page.
30. In the Name field on the Create Payment System page, enter XXPayments payment
system.
31. In the Code field, enter XXps code.
32. In the Funds Capture subregion, select the Credit card and Electronic funds transfer
check boxes.
33. In the Disbursement subregion, select the Electronic funds transfer and positive pay
check box.
34. In the Formats subregion, click the Add Row icon and select XXDisbursements format,
which is the disbursement payment file format you created on the Create Format page.
35. In the Formats subregion, click the Add Row icon and select XXFunds Capture format,
which is the funds capture settlement file format you created on the Create Format page.
36. In the Transmission Protocols subregion, click the Add Row icon and select File
Transfer Protocol for Static File Names.
37. Click the Save and Add Accounts button.

Chapter 11 - Page 4
Creating a Payment System Account
39. In the Payment System Accounts region on the Edit Payment System Accounts page,
click the Add Row icon and enter XXPayments payment system account in the Name
field.

Chapter 11 - Page 5
Setting Up Payments
Overview
In this practice, you want to set up an electronic payment method with a defaulting rule to be
used with an electronic payment process profile for your business unit. You will complete the
following tasks:
• Set up an electronic payment method with a validation for use with Oracle Fusion
Payables.
• Set up a payment method defaulting rule for the electronic payment method.
• Set up a payment process profile that is used for a maximum of 5 electronic payments
that are under $1,000.
• Set up a report that is automatically submitted to the payment system that displays the
contents of the payment file.

Assumptions
Tasks
Creating a Payment Method

Payments Configuration > Define Disbursements > Manage Payment Methods > Go
to Task > Manage Payment Methods > Create > Create Payment Method page.
2. In the Name field on the Create Payment Method page, enter XXPayments payment
method.
Note: You are creating a payment method for practice. The default payment method will be
set by the instructor in Suppliers.
3. In the Code field, enter XXpm code.
4. Click the Usage Rules tab.
5. Confirm that Automatically assign payment method to all payees check box is selected.
6. Click the Payables tab.
7. Select the Enable for use in Payables check box.
8. For Business Units, select the Specific option.
9. Click the Add Row icon, and search and select US1 Business Unit.
10. For First Party Legal Entities, select the All option.
11. For Payment Process Transaction Types, select the Specific option.
12. Click the Add Row icon, and select Payables Document from the list.
13. From the Currency list, select Foreign and domestic.
14. From the Payee Location list, select Foreign and domestic.
15. Click the Validations tab.
16. In the User-Defined Validations region, click the Add Row icon.
17. From the Field list, select Document amount to be paid.
18. From the Condition list, select Greater Than.
19. In the Value field, enter 850.00.

Chapter 11 - Page 6
Creating a Payment Method Defaulting Rule

Payments Configuration > Define Disbursements > Manage Payment Method
Defaulting Rules > Go to Task > Manage Payment Method Defaulting Rules >
Payables: Create > Create Payment Method Defaulting Rule page.
24. In the Name field on the Create Payment Method Defaulting Rule page, enter
XXPayments payment method defaulting rule.
25. From the Payment Method list, select Electronic.
26. In the Defaulting Conditions region, retain the default settings.

Creating a New Payment Document for a Bank Account

This activity is an example of how to set up paper checks and will not be used in the final
activity.
Payments Configuration > Define Cash Management and Banking Configuration >
Set Up Banks, Branches, and Accounts > Manage Bank Accounts > Go to Task >
Manage Bank Accounts page.
31. On the Manage Bank Accounts page, enter BofA-2869 in the Account Name field.
33. In the Search Results region, select the account name and click the BofA-2869 link.
34. On the Bank Account: BofA-2869 page, click the Edit button at the top of the page.
35. From the Edit Bank Account BofA-2869 page, click the Create icon in the Payment
Documents region.
36. In the Create Payment Document dialog box, enter XX _BofA in the Payment Document
field.
37. From the Paper Stock Type list, select Numbered Stock.
38. From the Format list, select XXDisbursements format.
Note: If XXDisbursements is not listed on the list, select ANSI X12 820 Format.
39. In the Document Numbers region, enter 100 for the starting check number in the First
Available Document Number field.
40. In the Last Available Document Number field, enter 150 for the ending check number.

Chapter 11 - Page 7
Creating a Payment Process Profile
Payments Configuration > Define Disbursements > Manage Payment Process
Profiles> Go to Task > Manage Payment Process Profiles > Create > Create Payment
Process Profile.
46. In the Name field on the Create Payment Process Profile page, enter XX_BofA_PPP.
47. In the Code field, enter XXPPP code.
48. From the Payment File Format list, select XXDisbursements format.
Note: If XXDisbursements is not listed on the list, select ANSI X12 820 Format.
49. From the Processing Type list, select Electronic.
50. From the Default Payment Document list, leave it blank.
Note: For electronic payments that require unique serial numbering for an outsourced
payment processor or to meet country-specific requirements, you can associate a default

payment document, for which you specify document numbers, with a payment process
profile that processes electronic payments.
51. From the Payment Confirmation Point list, select When the payment file is formatted.
52. Select the Usage Rules tab.
53. For Payment Methods, select the All option.
54. For Disbursement Bank Accounts, select the All option.
55. For Business Units, select the All option.
56. For Currencies, select the All option.
57. Click the Payment tab.
58. In the Document Grouping Rules region, select the Due date check box.
59. In the Maximum Documents per Payment field in the Documents Limits region, enter 5.
60. Click the Payment File tab.
61. In the Payment Grouping Rules subregion, select the Business Unit check box.
62. In the Payment Limits subregion, from the Currency list, select USD - US Dollar.
63. In the field to the right of the Currency list, enter 5000.00.
64. From the Conversion Rate Type list, select Corporate.
65. Click the Reporting tab.
66. In the Payment File Register region, from the Format list, select Payment File Register
Format.
67. Select the Automatically submit when payments are confirmed check box.

Chapter 11 - Page 8
Submitting a Payment Process Request
Overview
In this practice, you submit a payment process request that picks up an invoice that you
entered and validated. The payment process request then runs the Disbursement Payment File
Formats report for the printed checks that you view.
You will complete the following tasks:
• Create one invoice with your Invoice Group: XXGroup (or value assigned by the
instructor).
• Submit a payment process request.
• Confirm generation of payment document numbers for electronic payments.
You can generate additional serial numbers for electronic payments for either or both of the
following scenarios:

− Your company hired a third party to print numbers onto outsourced checks using
serial numbering of a specified range.
− Your company must meet a region or country specific requirement where the
required number of digits for payment reference numbers is different than the
number of digits in the Payments-generated payment reference numbers.
Assumptions
Tasks
The date of the invoice must be in an open accounting period. To open periods for General
Ledger and Payables: Navigator > General Ledger > General Accounting > Period Close >
Accounting Period.
Creating an Invoice
1. Navigate to: Navigator > Payables > Invoices.
2. In the Tasks pane, click the Create Invoice link.
3. From the Business Unit list in the Invoice Header region on the Create Invoice page,
search and select US1 Business Unit.
4. From the Supplier field, search and select Advanced Corp.
5. In the Invoice Group field, enter XXGroup (or value assigned by the instructor).
6. In the Number field, enter XX-0010.
Note: A message appears. Click the OK button.
7. From the Amount list, select USD.
8. In the field to the right of the Amount list, enter 985.50.
9. From the Type list, select Standard.
10. In the Date field, enter yesterday’s date.
Note: A message appears. Click the OK button.
11. From the Payment Terms list, select Immediate.
12. In the Terms Date field, yesterday’s date appears.
13. In the Amount field, enter 900.00.
14. From the Distribution Set list, select Equipment Expense (Full).

Chapter 11 - Page 9
15. Click the Invoice Actions menu at the top of the page and select Manage Installments.
16. In the center of the Manage Installments dialog box, confirm that the Payment Method
field is populated with check.
18. Click the Invoice Actions menu and select Validate.
Verify that the Invoice Summary > Status > Validation = Validated.
Submitting a Payment Process Request

20. Navigate to: Navigator > Payables > Payments > Tasks > Submit Payment Process
Request > Submit Payment Process Request page.
21. Click the Selection Criteria tab.
22. In the Name field, enter XX_BofA_ PPR1 as the name of the payment process request.

23. From the Invoice Group list, select XXGroup (or value assigned by the instructor).
24. Click the Payment and Processing Options tab.
25. From the Disbursement Bank Account list, select BofA-2869.
26. From the Payment Process Profile list, select XX_BofA_PPP.
27. From the Conversion Rate Type list, select Corporate.
28. Select the Create payment files immediately check box.
29. In the Validation Failure Handling region, from the Document list, select Reject only
documents with errors.
30. In the Validation Failure Handling region, from the Payment list, select Reject only
payments with errors.
33. Scroll down to the Schedule Requests region and periodically click the Refresh icon.
34. After the Payment File Register displays a status of Succeeded, click the Manage
Payment Process Requests link in the Tasks pane.
35. In the Name field, enter XX_BofA_PPR1 and click the Search button.
36. In the Search Results region, you will see your payment process request displayed with a
status of Payments completed. The payment file will display a status of Formatted.
Confirming Generation of Electronic Payment Numbering

37. In the Search Results region, click the payment file number link that is associated with the
payment process request named XX_BofA_ PPR1.
38. On the Payment File: <number> page, Payments region, you will see a value for the
payment reference number, which is the number of the payment within the payment file.
39. Click Done.

Practices for Appendix A:
Common Application Topics
Chapter 12
Practices for Appendix A: Common Application Topics

Chapter 12 - Page 1
Practices for Appendix A: Overview
Practices Overview
In these practices, you will perform the following activities:
• Managing Oracle Social Network Objects Demonstration
• Reviewing Legal Jurisdictions
• Reviewing Legal Addresses for Legal Entities and Reporting Units
• Creating a Legal Authority
• Creating a Legal Entity
• Viewing a Legal Reporting Unit
• Creating a Business Unit
• Viewing and Creating Reference Data Sets

• Creating Value Sets
• Creating a Chart of Accounts Structure
• Creating a Chart of Account Structure Instance
• Entering Values
• Creating an Account Hierarchy
• Creating a Calendar
• Creating a Primary Ledger
• Completing the Ledger Configuration
• Assigning Legal Entities and Balancing Segments

Chapter 12 - Page 2
Managing Oracle Social Network Objects Demonstration
Overview
In this practice, you will demonstrate enabling Oracle Social Network objects in the Manage
Oracle Social Network Objects page.
Assumptions
Tasks
Enabling Objects
1. Search for the Manage Oracle Social Network Objects for Financials task in the Setup
and Maintenance work area.

2. Expand General Ledger.
3. Verify that the Journal Batch and Period Status are Enabled with “automatic and Status
has a green check.
4. Click the Journal Batch to see the attributes in the Journal Batch: Attributes region.
5. Highlight the Period Status row to see the attributes in the Period Status: Attributes
region.
6. The Status column in the Business Objects table visually indicates which enabled
business objects do not yet have an enabled attribute assigned. When you enable a
business object (automatic or manual), depending on whether the business object has an
enable attribute assigned, the Status column of the business object displays:
7. A check mark indicating that you have configured attributes for an enabled business object.
8. A warning sign indicating that you have not configured any attributes for an enabled
business object.
Enabling Business Object Attributes

9. In the Period Close: Attributes section, click Add to display the Select Attributes dialog
box where you can select attributes to add to the table.
10. Select an attribute name in the table, and select the Enabled check box to enable the
attribute.
11. Click OK.
12. Click the Save button to save your changes.
13. In the Attributes table, you can also do the following actions:
14. Click View to view a list of all attributes that are enabled.
15. Click Remove to remove attributes from the table.
16. Click the Save button to save your changes.
17. Click the Enabled check box on top of the window to select all attributes.

Chapter 12 - Page 3
Reviewing Legal Jurisdictions
Overview
In this practice, you will review legal jurisdictions. Legal jurisdictions and related legal authorities
are defined to support multiple legal entity registrations.
Assumptions
Sign in as the FASXX.Student user as assigned by the instructor.
Tasks
1. Navigate to: Setup and Maintenance > Manage Implementation
Projects > XXImplementation Project > Financials > Define Common Applications
Configuration for Financials > Define Enterprise Structures for Financials > Define
Legal Jurisdictions and Authorities for Financials or Search for Define Legal

Jurisdictions and Authorities for Financials from All Tasks.
2. Click Go to Tasks for Manage Legal Jurisdictions.
3. Select Income Tax in the Legislative Category list.
5. Sort the Name column.
6. Click the link for a legal jurisdiction to view the details.
7. View the following fields:
• Name.
• Territory.
• Legislative Category. Place the cursor over the question mark in front of the field to
see the embedded help: This represents the type of law associated with a given
registration.
• Identifying: Yes indicates the first jurisdiction a legal entity must register with to do
business in a country.
• Start Date is optional. You can also add an End Date to indicate a date that the
jurisdiction may no longer be used.
• Legal Entity Registration Code.
• Legal Reporting Unit Registration Code.
• Legal Functions. Optionally, you may enter one of more.
8. Select Cancel.

Chapter 12 - Page 4
Reviewing Legal Addresses for Legal Entities and Reporting Units
Overview
In this practice, you will review an existing legal address for legal entities and reporting units.
A legal address is the address a legal entity or reporting unit uses to register with a legal
authority. A legal entity and reporting unit may use different addresses for different authorities
and hence, may have more than one registered address. This legal address must be located
within the territory entered.
Assumptions
Tasks

2. Click Go to Task for Manage Legal Addresses.
3. Search Country: United States.
4. Select a row header for an address entry.
5. Select Edit.
6. View the Location Update fields.
7. Click Cancel to close the Location Update window.
8. Do not save any updates.
9. Click Cancel to close the Manage Legal Addresses window.

Chapter 12 - Page 5
Creating a Legal Authority
Overview
In this practice, you will create a legal authority.
Assumptions
Tasks
2. Click Go to Tasks for Manage Legal Authorities.

3. Click Create.
4. Enter Name: XXLegal Authority, replacing XX with the number assigned to you by your
instructor.
5. Enter Tax Authority Type: Collecting and reporting.
6. In the Address region, select Create.
7. The Site Number is automatically assigned.
8. Enter Address Line 1, 121 Spear Street, Suite 400.
9. Enter Postal Code: 94105. The remainder of the address fields populate for you.
Optionally, Entering Address Purposes Details

10. Select Add Row.
11. Select Purpose: Business.
12. The Purpose from Date will default to today's date.
13. Select OK to close the Create Address window.
14. In the Legislative Categories region, select Create.
15. Enter Legislative Category: Local Tax.

Chapter 12 - Page 6
Creating a Legal Entity
Overview
In this practice, you will define a legal entity and a legal entity registration.
You are implementing the enterprise structure for your organization.
You will define a legal entity for each registered company or other entity recognized in law for
which you want to perform intercompany trading, record assets, liabilities, and income, or pay
transaction taxes.
A legal entity registration is the record of a party's identity-related details with the appropriate
government or legal authorities for the purpose of claiming and ensuring legal and or
commercial rights and responsibilities.
Assumptions

Tasks
Working within an implementation project is required because you must select a scope value
from within the implementation project. In this example, the scope value is the legal entity that
you will create or select to work within for your legal entity setup.
Financials.
2. To create a new legal entity, click the hyperlink in the Selected Scope column for the
Manage Legal Entity task.
3. The following window appears:
4. Select the Manage Legal Entity option.

5. Select Create New in the *Legal Entity drop down.
7. You are now on the Manage Legal Entities page. Click Create.
8. Accept prepopulated Country: United States.
9. Name: XXLegal Entity, replacing XX with the number assigned to you by the instructor.
10. Enter Legal Entity Identifier: US00XX.
11. Click the indicator for Legal employer.
12. Select Payroll Statutory Unit: US1 Legal Entity. (Do not select the Payroll statutory unit
check box.)

Chapter 12 - Page 7
13. In the Registration Information region, enter Legal Address: 500 Oracle Parkway.
14. Enter EIN or TIN: XX123456.
15. Enter Legal Reporting Unit Registration Number: XX-123456.
16. If your legal entity should be registered to report payroll tax and social insurance, select the
Payroll statutory unit from the drop-down list.
17. If your legal entity has employees, select the Legal employer check box.
18. If the legal entity is a legal employer, but not a payroll statutory unit, check the flags
accordingly. You will need to select the payroll statutory unit for the attribute that becomes
mandatory.
19. Refer to the Help topic Payroll Statutory Units, Legal Employers, and Tax Reporting Units:
How They Work Together for additional information.
Managing Legal Entity Registration

A legal entity registration with the same name as that of the legal entity will be created by
default.
Perform the following steps to view this registration:
21. To set the scope to the new legal entity, click the hyperlink in the Selected Scope column
for the Manage Legal Entity Registrations.
22. The Select Scope window appears. With the Manage Legal Entity Registrations option
selected, select Select and Add from the Legal Entity drop-down list.
24. Search and select your XXLegal Entity.
25. Click the Save and Close button at the very bottom of the window.
26. The name of your XXLegal Entity should appear on the page next to the page title. If not,
go back and set Scope again.
27. Select the row header for Registered Name: XXLegal Entity.
28. Click Edit.
29. View the fields.
30. Click Cancel.
31. Note that XXLegal Entity is now the selected scope for all Define Legal Entities for
Financials tasks.

Chapter 12 - Page 8
Viewing a Legal Reporting Unit
Overview
In this practice, you will learn how to create a reporting unit.
When a legal entity is created, a legal reporting unit with the same name as that of the entity is
also automatically created.
Assumptions
Tasks

Financials > Define Legal Reporting Units for Financials.
2. Expand Define Legal Reporting Units for Financials.
3. To set the scope for the legal entity, click the hyperlink in the Selected Scope column for
the Manage Legal Reporting Unit.
5. Select the Manage Legal Reporting Unit option.

6. Select Legal Entity: XXLegal Entity.
7. From the Legal Reporting Unit drop-down box, select Select and Add.
9. Select the row header for XXLegal Entity.
10. Click the Save and Close button at the very bottom of the window.
The name of your XXLegal Entity should appear on the page next to the page title. If not,
go back and set scope again.
11. View the details.
12. Click Cancel.

Chapter 12 - Page 9
Viewing and Creating Reference Data Sets
Overview
In this practice, you will explore the use of reference data sets for Vision Corporation US
enterprises.
Assumptions
Tasks
Managing Reference Data Sets

XXImplementation Project.

2. Expand Define Common Applications Configuration for Financials.
3. Expand Define Enterprise Structures for Financials.
4. Expand Define Reference Data Sharing.
5. Select the Manage Reference Data Sets task Go to Task button.
6. Enter US% in the Set Code field.
8. The US1 BUSET is the Reference Data Sets for the US1 business unit.
9. Click the Cancel button. Do not save. This can only be done once.
Managing Set Assignments for Set Determinant Type Demonstration

Reference data sets that share common business policies and legal rules are treated in the
same way and are classified into reference groups. Grouping is done on the basis of functional
area and the partitioning requirements that the reference data has in common.
In this demo, your instructor will group US1 BU Set and US2 BU Set.
10. Select the Manage Set Assignments for Set Determinant Type task Go to Task button.
11. Click New.
15. Click New again to create a second line.
19. Click the Cancel button. Do not save. This can only be done once.

Creating Value Sets
Overview
In this practice, you create three values sets for your chart of accounts: XXCompany,
XXDepartment, and XXAccount replacing XX with your initials.
Value sets are created as the first step in the chart of accounts configuration. The value sets are
then assigned to the chart of accounts instance. Do not create values until after assigning your
values sets in chart of accounts segments because this step is needed to establish which value
set attributes should be exposed for setting when defining a value.
Assumptions
Tasks

1. Navigator > Tools > Setup and Maintenance > Manage Implementation Projects >
Sets > Go to Task.
2. Click the Create icon to create the following value sets.
Field Name Data

Value Set Code XXCompany
Description XXCompany
Module General Ledger
Validation Type Independent
Value Data Type Character
Security Enabled Uncheck
Data Security Resource Leave Blank
Name
Value Subtype Text
Maximum Length 2
Minimum and Maximum Leave Blank
Value
Upper Case only Check
Zero Fill Uncheck

4. Click Create icon.
Field Name Data

Value Set Code and XXDepartment
Description
Data Security Resource Name Leave Blank
Value Subtype Text

Maximum Length 3
Minimum and Maximum Value Leave Blank
Zero Fill Uncheck

Field Name Data

Value Set Code and XXAccount
Description
Data Security Resource Name Leave Blank
Value Subtype Text
Maximum Length 4
Minimum and Maximum Value Leave Blank
Zero Fill Uncheck

8. Click Done.

Creating a Chart of Accounts Structure
Overview
In this practice, you create your chart of accounts structure called: XXChart of Account replacing
XX with your initials.
The Chart of accounts structure defines the framework for one or more chart of accounts
instances.
Assumptions
Tasks
XXImplementation Project > Financials > Define Common Applications Configuration for

Structures > Define Chart of Accounts > Manage Chart of Accounts Structures > Go to
Task.
2. Click Search button.
3. Select General Ledger Accounting Flexfield.
4. Click the Manage Structures button.
5. Click the Create icon to create the following structure.
Field Name Data

Structure Code XXCOA
Name and Description XXChart of Accounts
Delimiter (Segment Hyphen (-)
Separator)
Enabled Check
6. Save.
7. Define the individual segments.
If you do not save the structure, the Create icon will be disabled.
9. Create the structure based on the segment information in the following table and check
Enabled on all segments:
Field Value
Segment Code XXCompany
API Name aXXco (Defaults)
Name XXCompany
Description XXCompany
Sequence Number 1
Prompt Company

Field Value
Short Prompt CO
Enabled Checked
Display Width 15
Column Name Segment1
Default Value Set XXCompany
Code
Segment Label Primary Balancing Segment
Note: API Name is a name that identifies the segment in web services, reporting, and other
integration points. Use alphanumeric characters, leading with a letter.

Field Value
Segment Code XXDepartment
API Name aXXdept (Defaults)
Name XXDepartment
Description XXDepartment
Sequence Number 2
Prompt Department
Short Prompt DEPT
Enabled Checked
Display Width 15
Default Value Set XXDepartment
Code
Segment Label Cost Center Segment

Field Value
Segment Code XXAccount
API Name aXXacct (Defaults)
Name XXAccount
Description XXAccount
Sequence Number 3

Field Value
Prompt Account
Short Prompt ACCT
Enabled Checked
Display Width 15
Default Value Set XXAccount
Code
Segment Label Natural Account Segment

Field Value
Segment Code XXIntercompany
API Name aXXinterco (Defaults)
Name XXIntercompany
Description XXIntercompany
Sequence Number 4
Prompt Intercompany
Short Prompt IC
Enabled Checked
Display Width 15
Default Value Set XX Company
Code
Segment Label Intercompany Segment

17. Click Done.

Creating a Chart of Account Structure Instance
Overview
In this practice, you create your chart of accounts instance called: XXChart of Account replacing
XX with your initials.
Chart of accounts instance defines and modifies the structure configuration.
Assumptions
Tasks

Structure Instances > Go to Task.
3. Select Accounting Flexfield.
4. Click the Manage Structure Instances button.
5. On the Manage Key Flexfields Structure Instances page, click the Create icon to create
the instance.
Field Name Data

Structure Instance Code XXCOA
API Name aXXcoa (Defaults)
Name and Description XXChart of Accounts
Enabled Check
Dynamic combination creation Check
allowed
Structure Name XXChartofAccounts
6. Save.
7. Define the defaults for the individual segments.
9. Use the following tables to enter the segment data.
Segment Field Name Data

XXCompany Required Check all three
Displayed
Business intelligence
enabled
Default Type Constant
Default Value 00

Query Required Optional
Tree Name Leave Blank
10. Click OK and Save button.

XXDepartment Required Check all three
Displayed
enabled

Default Value 000
Tree Code Leave Blank
11. OK and Click the Save.

XXAccount Required Check all three
Displayed
enabled
12. OK and Click the Save.

XXCompany (for Required Check all three
intercompany Displayed
segment)
Business intelligence enabled
Default Value 00

13. OK.
15. Done.
Leave the Tree Code blank in this activity, but normally you would associate with one tree
code representing your hierarchy. In reporting you can have more than one tree code. Tree
codes are also used in cross-validation rules, account allocations, and chart of accounts
mappings. Revaluations, data access sets, and segment value security rules can take
advantage of the tree code.

Instructor Note: Deploy the Accounting Key Flexfield for all students. Wait for the other
instructors or students to finish their chart of accounts. Then run the process. If there are errors,
fix the errors including completing incomplete chart of accounts. Continue running the process
until it completes successfully.
Overview
In this practice, you deploy your chart of accounts key flexfield.
The deployment process deploys all charts of accounts key flexfields in the instance. It must be
run after creation or edits have been performed on the chart of accounts structure or structure
instance.
Assumptions

Tasks
3. Use the scroll bar to move to the right.
4. Look for the column called Deployment Status.
5. Place the cursor on the icon under the heading. Field indicates Edited or Patched which
means there has been activity on the Accounting Flexfield.

Entering Values
Overview
In this practice, you enter the valid values into your value sets.
You are not creating combinations, only the lists of individual values that will appear in the list of
values of each segment.
After the value sets have been added to the newly created chart of accounts structure and
structure instance, the values can be entered for each value set attached to a segment in the
chart of accounts.
Assumptions
Tasks

Sets > Go to Task.
2. Find your XXCompany value set.
4. Click the Create icon to create your values.
5. Click Save and Close after each value entered and then click the Create icon again.
Value Description Enabled Summary Allow Posting and

Budgeting
00 Corporate Yes No Yes, Yes
01 Domestic Yes No Yes, Yes
Ops
T Total All Yes Yes No, No
Companies
6. Done.
7. Find your XXDepartment value set.

Budgeting
000 Balance Yes No Yes, Yes
Sheet
110 Administration Yes No Yes, Yes
120 Sales Yes No Yes, Yes

Budgeting
400 Corporate Yes No Yes, Yes
ALL All Yes Yes No, No
Departments
11. Done.
12. Find your XXAccount value set.
Make sure the account type is correct for each account, since an account type of Expense

is default.
Value Description Enabled Summary Allow Posting Account

and Type
Budgeting
1110 Cash Yes No Yes, Yes Asset
1210 Accounts Yes No Yes, Yes Asset
Receivable
1260 Allowance for Yes No Yes, Yes Asset
Bad Debt
1350 Prepayment Yes No Yes, Yes Asset
1550 Vehicles Yes No Yes, Yes Asset
2210 Accounts Yes No Yes, Yes Liability
Payable
2990 Suspense Yes No Yes, Yes Liability
3310 Retained Yes No Yes, Yes Owner’s
Earnings Equity
3500 Translation Yes No Yes, Yes Owner’s
Adjustment Equity
4100 Total Yes Yes No, No Revenue
Revenue
4110 Technology Yes No Yes, Yes Revenue
Sales
4120 Financing Yes No Yes, Yes Revenue
Contracts
5100 Total Yes Yes No, No Expense
Expense
5105 Salaries Yes No Yes, Yes Expense
5510 Telephone Yes No Yes, Yes Expense

Value Description Enabled Summary Allow Posting Account
and Type
Budgeting
5120 Realized Yes No Yes, Yes Expense
Gain/Loss
5620 Miscellaneou Yes No Yes, Yes Expense
s
7790 Discount Yes No Yes, Yes Expense
Taken
7890 Conversion Yes No Yes, Yes Expense
Rate
Variance
Gain/Loss

7990 Rounding Yes No Yes, Yes Expense
Differences
8100 Unrealized Yes No Yes, Yes Expense
Gain/Loss
9110 Headcount Yes No Yes, Yes Expense
(STAT)
9910 Default Yes No Yes, Yes Expense
Intercompan
y
16. Click Done > Save and Close > Done when finished to close out of all pages.
It would be incorrect, if the cash account was misclassified as Expense and closed to
retained earnings at the end of an accounting year. In addition, Control Account feature
or Reconciliation Flag will not be used as they are not in scope of V1; therefore, the
values are set to No.

Creating an Account Hierarchy
Overview
In this practice, you create an account hierarchy for your company to use with your cross
validation rules and revaluations. Do not publish the hierarchy to the balances cube.
Your company, Vision Corporation, uses hierarchies in cross-validation rules and revaluations.
Assumptions
Tasks
Creating a Tree

Reporting Structures > Define Chart Of Accounts > Manage Account Hierarchies >
Go to Task.
2. Use the Manage Account Hierarchies page to search, create, and edit account
hierarchies.
3. Click the Create Tree icon to open the definition of the tree.
4. Use the Manage Account Hierarchies: Specify Definition page to define the basic details
of the tree.
5. Enter the Name and Code fields: XXFin_Tree.
6. Select the Tree Structure: Accounting Flexfield Hierarchy.
7. Enter the Description for the tree: XXFinancial Tree.
8. In Data Source Parameters, click the Expand button to expand the Accounting Flexfield
Hierarchy Detail Values and Accounting Flexfield Hierarchy Parent Values rows.
9. Enter the desired information in the Bind_ValueSetCode field on both levels:
XXDepartment.
This is the Value Set name. Because there is no LOV, you have to type the name in exactly
as it is set up in the database; otherwise, you will not see any values.
10. Click the Save button on the toolbar in the middle of the page below Data Source
Parameters.
11. A message confirms that your new values have been updated.
12. Click the Next button to navigate through the next two pages.
13. Click the Submit button to save your newly created tree structure.
Creating a Tree Version

14. You return to the Manage Account Hierarchies page.
15. Find the tree you just created.
16. Click the XXFin_Tree row header.
17. Click the Create Tree icon.
18. Click the Create Tree Version list item.
19. Enter the Name and Description for the tree version XXFin_Tree_Version.
20. Enter the Effective Start Date. Enter 01/01/2012.

22. Click the OK button to acknowledge the confirmation of the creation of a new tree version.
23. Click the Add button.
24. In Tree Node Type, select Specific value.
25. In Data Source list: select Accounting Flexfield Hierarchy Parent Values.
26. Select ALL and click the Move selected item to other list icon.
28. Click the ALL Node Name to highlight the node.
29. Click the Add icon.
30. In Tree Node Type, select Specific value.
31. In Data Source list: select Accounting Flexfield Hierarchy Detail Values.
32. Select 110 to 120 by using the Crtl key on your keyboard.

33. Click the Move selected item to other list icon.
35. Click the Expand button on the ALL node to see the children.
37. Select the OK button to acknowledge the message.
Completing the Account Hierarchy

38. Expand XXFin_Tree.
40. From the Actions menu, select Audit.
41. Use the Audit Results region to start the Audit process. After the audit is performed, the
status of the tree version can be set to active.
42. Click the Online Audit button to start the Audit process.
45. Make sure your tree version is still highlighted.
46. Click the Actions menu > Flatten menu > Column Flattening. Column flattening optimizes
parent-child information for runtime performance by storing an additional column in a table
for all parents of a child.
48. Click OK button to acknowledge the message.
51. Select the Actions and Flattening menus and Row Flattening.
52. Click the Actions menu > Flatten menu > Row Flattening. Row flattening optimizes
parent-child information for run-time performance by storing additional rows in a table.
57. Select the Actions menu > Set Status menu > Active to activate the tree.

Publishing Accounting Hierarchy

Reporting Structures > Define Chart Of Accounts > Publish Account Hierarchies >
Go to Task.
61. Use the Publish Account Hierarchies page to search and publish account hierarchies.
62. Click the Chart of Accounts field.
63. Select XXChart of Accounts from the list.
65. Expand the XXFin_Tree and the Fin_Tree_Version.

66. Select the Publish check box at the right of the window.
67. Click the Publish button.

Creating a Calendar
Overview
In this practice, you create a new accounting calendar starting January 1, YYYY, where YYYY is
the last year, and ending with December 31st with one adjusting period at the end of the year.
Your company, Vision Corporation, is implementing Oracle Financials and needs to create an
accounting calendar to add to the primary ledger to record journal entries and to control
reporting.
Assumptions
Tasks

Reporting Structures > Define Calendars > Manage Accounting Calendars > Go to
Task.
3. Enter Name: XXCalendar.
4. Enter Description: XX Calendar.
5. Enter Start Date: 1/1/YYYY where YYYY is last year.
6. Select Monthly in the Period Frequency field.
7. Select the Once at year end list item in the Adjusting Period Frequency field.
8. Accept the defaults in the Period Name Format.
10. Use the Create Accounting Calendar: Period Details page to review the calendar period
data.
12. Click the name of your calendar.
13. Click the Add Year button to add the current year.
You have successfully created a new accounting calendar.

Creating a Primary Ledger
Overview
In this practice, you create a primary ledger using your XXChart of Accounts, XXCalendar, USD
as the currency, and Standard Accrual as accounting method.
The primary ledger is the main record keeping ledger and consists of the chart of accounts,
calendar, currency, and accounting method.
Assumptions
Tasks

Primary Ledgers > Go to Task.
2. Click the Create icon on the Manage Primary Ledger page.
3. Enter a unique Name and Description: XXPrimary Ledger. Remember your Ledger
name will appear on reports so name it something that correctly represents your entity.
4. Select your Chart of Accounts: XX Chart of Accounts.
5. Select Calendar: XXCalendar.
6. Select Currency: USD.
7. Select Accounting Method: Standard Accrual.
8. Click the Save and Edit Task List to save your primary ledger and return to the Setup and
Maintenance work area of your implementation plan.
9. Wait on the back ground process that runs and enables your ledger to be selected in the
next step. This process can take several minutes.
10. To set the scope to the new primary ledger, click the hyperlink in the Selected Scope
column for the Specify Ledger Options.
11. The Select Scope window appears. With the Specify Ledger Options option selected,
select Select and Add from the Primary Ledger drop down list.
13. Search and select your XXPrimary Ledger.
14. Click the Save and Close button at the bottom of the window.
Your XXPrimary Ledger is now in the Selected Scope field. This action sets the scope for
all the tasks in the Define Accounting Configurations task list.

Specifying Ledger Options
Overview
In this practice, you enter the settings list below for your ledger's options.
Setting ledger options is one of the most important tasks in configuring your ledgers.
Assumptions
Tasks
for Financials > Define Ledgers > Define Accounting Configurations.

Setting Scope
2. Click the Select link in the Selected Scope column of the Specify Ledger Options row.
3. Accept default of the Specify Ledger Options option.
4. Click the Primary Ledger drop down.
5. Click Apply and Go To Task.
6. Select the XXPrimary Ledger.
7. Click the Save and Close.
The Specify Ledger Options page opens.
Setting Accounting Calendar Region Options

8. Review the Accounting Calendar that defaults from your ledger.
9. Select Jan-YY where YY is last year as the First Open Period for your ledger.
10. Enter 3 for the Number of Future Enterable Periods.
Selecting the Subledger Accounting Region Options

11. Accept the default Accounting Method from your ledger.
12. Select US American English as your Journal Language.
Completing the Period Close Region Options

13. Enter your Retained Earnings Account: 00-000-3310-00.
14. Enter your Cumulative Translation Adjustment Account: 00-000-3500-00.
Specifying Journal Processing Region Options
Specifying Balance Options:

15. Click to enable Suspense General Ledger.
16. Click to enable Suspense Subledger Accounting.
17. Default Suspense Account: 00-000-2990-00.
18. Rounding Account: 00-120-7990-00.
19. Entered Currency Balancing Account: 00-120-7990-00.
20. Balancing Threshold Percent: 10.

21. Click all the following Entry options:
a. Notify when prior period journal is entered.
b. Allow mixed statistical and monetary journals.
c. Validate reference date.
d. Separate journals by accounting date during journal import.
Specifying Reversal Options:

22. Leave blank. You can select any predefined criteria set from the list of values in the
Journal Reversal Criteria Set at any time.
23. Deselect the Run AutoReverse after open period check box. You can return to this page
and enable this option later.
24. For Intercompany options: Click the Enable intercompany accounting.
25. For Average Balance Options: Do not enable average balance processing by clicking the

Enable average balances check box.
If this check box is not selected and you have saved the options, this region will no longer
display on this page for the specified ledger.
26. Leave the Sequencing Options set to No Sequencing.

Completing the Ledger Configuration
Overview
In this practice, you complete your ledger configuration by running the Review and Submit
Accounting Configuration.
Submit the Review and Submit Accounting Configuration to complete your ledger configuration.
A new standard balances cube is created when an accounting configuration is submitted for a
primary or secondary ledger that uses to a new unique combination of chart of accounts and
calendar.
Assumptions
Tasks

Configuration for Financials > Define Ledgers > Define Accounting
Configurations > Selected Scope: XX Primary Ledger > Review and Submit
Accounting Configuration > Go to Task.
2. Select your ledger.
4. Select your ledger.
6. Click the Navigator.
7. Click More… > Tools > Scheduled Process.
8. Click Refresh until the three processes conclude.

Assigning Legal Entities and Balancing Segments
Overview
In this practice, you review your ledger configuration to verify which legal entities and balancing
segments have been assigned when your spreadsheet was uploaded.
Assign your legal entities to your ledgers to limit your ledger transactions to just those legal
entities. Assign your balancing segment values to your legal entities. After assignment, all
balancing segment values are available for journal and transaction processing.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > All Tasks > Enter Define Ledgers in the Name

field of the Search region > Search > Define Ledgers > Define Accounting
Configurations > Assign Legal Entities.
Scope should be set to your XXLedger during the Verify Your Ledger options activity. If not,
then set scope:
2. Click Select in the Selected Scope column.
3. Select the Assign Legal Entities option.
4. In the Primary Ledger field, select Select and Add.
6. Select your XXLedger from the list.
7. Scroll to the bottom and click Save and Close button.
Add your legal entity and balancing segment assignments:

8. Click Select and Add.
9. Search for your XXLegal Entity.
10. Click Apply and Done.
12. Select Go to Task for Assign Balancing Segment Values to Legal Entities.
13. Click Create. Find Company Value 00 from the drop-down list.
14. Click Save and Assign Another.
15. Add Company Value 01.


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