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Oracle Release 12

Financials New Modules


in Oracle Release 12
Oracle Financials Release 12 features and fiscal accounting requirements. NEW MODULES IN ORACLE
four new modules and a series of Accounting Methods Builder allows FINANCIALS RELEASE 12
enhancements to existing modules users to determine accounts, lines,
and functionalities. The new modules descriptions, summarization and n
Subledger Accounting
include Oracle Subledger Accounting, dates of journal entries. Detailed
Oracle E-Business Tax (EX), Oracle subledger accounting journals offer n
Financial Services Accounting Hub
Profitability Manager, and Oracle enhanced analytics, auditing and
Financials Services Accounting Hub. reporting. n
E-Business Tax
Each of these new modules provides
businesses with additional tools to n Financial Services Accounting Hub n
Profitability Manager
streamline financial processes and Users can efficiently create detailed,
improve efficiency. auditable, reconcilable accounting
Oracle Sub Ledger Accounting gives records from a variety of source ORACLE FINANCIALS R12
an organization the increased control, systems. This module serves as ENHANCEMENTS
visibility, and efficiency needed to one enterprise-wide accounting
comply with corporate, statutory, repository to meet various corporate, n
XML Publisher at end user’s
and managerial audit and accounting management and reporting desktop
requirements. Oracle Sub Ledger requirements. Oracle Financial Services
Accounting allows an organization Accounting Hub forms an integral n
Improvements to Oracle
to establish One Source of Truth for component of the Finance, Risk and Budgeting
all accounting, reconciliation, and Compliance Architecture for financial
analytical reporting data because it services. n
Multii-Org Access Control
stores General Ledger entries using a
common data model. This module also n E-Business Tax n
Intercompany Accounting links
streamlines month-end closing through A new tool for tax knowledge Receivables and Payables
a common posting engine. Visibility management and delivery adaptable
improves when using Oracle Sub Ledger to country specific requirements. n
Receivables Gross Margin
Accounting because it supports multiple A single repository for all tax Analytics
parallel accounting representations. information which can handle
very simple to very complex tax n
Revenue Management and
n Subledger Accounting requirements. This tax reporting matching COGS to revenue
A new tool that allows companies solution includes modifiable tax
to meet multiple GAAP, corporate, reporting templates.
Oracle Release 12

Financials New Modules in Oracle Release 12


n Oracle Profitability Manager THE IT CONVERGENCE R12 FULL ITC CAPABILITIES
This new module provides greater SERVICE VALUE PROPOSITION
insight into current operations n
Consulting Services
with actionable information for Regardless of your R12 needs, ITC’s n
Support Services
making decisions and facilitating 360º Customer Care philosophy means n
Education Services
improved profitability. This new tool that you are always supported. In n
Development Services
is a comprehensive solution for the addition to working with senior Oracle n
Web Services
calculation, analysis and reporting consultants who have hands-on R12
of profitability. Oracle Profitability experience, partnering with ITC brings THE ITC R12 ADVANTAGE
Manager provides analytics across any you these benefits: Our Education
enterprise in any industry sector by Services department will teach your n
Global Reach
integrating Oracle Performance Analyzer staff the skills they need to use R12
and Oracle Activity-Based Management. effectively. Our Support Services division n
Senior E-Business Suite Expertise
can provide managed services and through Release 12
ITC QUALIFICATIONS hosting for your R12 environment,
and you can rely on our Development n
R12 Delta Training, tailored to
n Subject Matter Experts with multiple Services Center and Web Services your needs
Oracle E-Business Suite upgrade and division to deliver cost effective reports
implementation projects. and dashboards. n
Experience gained from working
n Specialized expertise in Oracle on Oracle R12 deployments
Financials, Accounts Payable, and
Accounts Receivable n
Full technical and database
n Business-focused consultants who support
understand and can help clients
overcome common pain points Whether you’re trying to decide
n Accelerated approach for project if R12 is best for you, or you’re
execution and ensuring quality already upgrading to R12, ITC is
deliverables ready to support you.
n Global reach matched with local
www.itconvergence.com
expertise

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