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In order to take advantage of the automatic Intercompany balancing during GL posting and SLA Accounting you first need to define the accounts you want us to use.
Intercompany and Intracompany Accounts in R12 are defined in two different Set Up Pages, the Intracompany Balancing Rules are what we had in 11i for Intercompany Accounts (confusing I know) - this is where you will find the rules you had in 11i of you are upgrading from 11i. If you don't want to take advantage of the Legal Entity Configurator product and define Legal Entities and map them to your accounting structure, you can still go ahead and use the intracompany rules. If you start to map your Legal Entities to Ledgers and/or Balancing Segment Values (BSV) then you will want to be sure you complete the job, so there is no ambiguity in your setup. Consider the example below for BSV 10, 20, 30, 40, 80 and 90 :
The France Ledger is mapped to the FR LE, so all BSV in that ledger are assumed to be owned by LE France. However the UK Ledger has BSV 10 and 20 mapped to the UK LE, but 80 and 90 are not mapped to anything we have no way to know what LE they are assigned to.
we know what we are dealing with. We would not allow you to create Intracompany rules between • 80 and 10 or 20 • 90 and 10 or 20 . The 80 and 90 BSV are in the same ledger with no LE at Ledger or BSV level so we just assume that any transactions between 80 and 90 are intracompany.You will be able to set up Intracompany balancing rules • Between 10 and 20 • Between 80 and 90 • between 30 and 40 You can set up Intercompany Accounts between • 10 and 30 or 40 • 20 and 30 or 40 • LE France and LE UK All the above are unambiguous.
rather than interfacing through Open GIS interface. if they are then assign those BSV to LE UK too and you're good to go. Advanced Global Intercompany in R12 R12 introduces the new product Advanced Global Intercompany System (AGIS). Once the templates are generated. * Web ADI Integration to facilitate uploading transactions from Excel. In Release 12 ADI is heavily used in this module. Oracle Advanced Global Intercompany System can create invoices in payables and receivables sub ledger from intercompany transactions. This figure describe the options available in both the versions. If 80 and 90 aren't in the UK LE then what LE do they belong to? Once you map them to the to the appropriate LE then you will need to define Intercompany accounts for them. The good thing has found the standard templates can be customized by removing or adding the entry fields from a list of available fields. which is replacement of external integration for AGIS System using by mean of Microsoft based Excel spreadsheet. This was a missing link in the earlier version. Using Oracle Advanced Global Intercompany System user can enter transactions for multiple recipients within a single batch. Now flexibility is provided to user that can generate spreadsheet templates that have features of intercompany entry pages and using the templates the user can enter transactions in the spreadsheet and upload them into Oracle Advanced Global Intercompany System. user can save them in their local computer to reuse them in the future. periods etc) * Integration with Oracle Approvals Manager for fully flexible approval rules with no coding * Introduction of Intercompany Periods. currencies. This allows user to submit intercompany transactions from one initiator to one or more recipients in a single batch. with different chart of accounts. The required fields cannot be removed from the template. * One Sender to many receivers in the same transaction batch (the receivers can be in different ledgers.This is because we don't know if 80 and 90 are in the UK LE or not. which can be opened and closed by AGIS transaction type * New user grants based security so many subsidiaries can be accessed from the . The major new capabilities are: * Creation of Documentation (ie. as earlier product does not have capability to use direct upload functionality. Payables and Receivables Invoices) for AGIS transactions. This feature is used to create a template that contains only the entry fields that are important for the business. which takes forward the features provided by GIS in 11i GL and adds a number of important new capabilities.
Descriptive flexfields allow user to enter any additional information specific to the nature of business. or with switched debits and credits.When user allocates more than one distribution account in a batch that has multiple recipient transactions. which displays the references to the original transaction. Important to note that these DFF can be used by sender. The proration of amounts is also used by Oracle Advanced Global Intercompany System to adjust the distribution amounts in the batch when a recipient transaction is deleted or it is rejected.This changed feature enables a user to reverse a whole batch or an individual transaction in a batch. The user can enter descriptive flexfield information for the recipient in the Recipient Accounting section. * Descriptive flexfield support .In AGIS descriptive flexfields is supported on the batch and also on individual transactions within the batch. Not both the parties (Sender /receiver). its only users with access to the initiator organization can reverse its batches or transactions. Oracle Advanced Global Intercompany System can automatically prorate the distribution amounts based on the recipient transaction amounts. a new reversal batch is created. When the user reverses a batch or a transaction. Uses XML Publisher to provide export to Excel and customization of outputs * Proration of transaction distribution amounts . The set up is there where a user can choose a reversal method determining if the new batch will be created with opposite signs. in the batch and in the transactions. The Intercompany balancing feature in GL is now under the AGIS product and has some new features * Define Intercompany Payables and receivables accounts by Legal Entity * Define separate Payables and Receivables accounts for each direction of Intercompany trading relationships * Intercompany Balancing performed in the subledger when transactions are accounted by SLA An important point to note is that although we add a lot of new features any GIS set up you have in 11i will be upgraded and you can keep running as in 11i and start taking advantage f the new features if and when you are ready and it makes sense to you. * Reversal of batch/transaction . Intercompany Reconciliation and Reporting There are two new reports avaible in XML Publisher format * Intercompany Transaction Summary report .same responsibility * Online Reconciliation reporting tool. allows drilldown from account balances to the transactions. One point to be noticed is that new batch is submitted automatically immediately after it is created.
The user can choose whether to include inbound. there so that day-to-day tasks and speeds up period close activities. Intercompany Account Details report replaces the Transaction Activity Summary report This new report provides a detailed listing of all accounting lines for intercompany batches. grouped by transaction. The purpsoe of this report is to give user a clear overview of intercompany transactions and their statuses. These reports replace reports that were available in the Global Intercompany System (GIS) in Release 11i. These reports replace reports that were available in the Global Intercompany System (GIS) in Release 11i. . or both sections in the report. The user can run the report for one or many organizations to which the user is given the access. This report also provides supporting documentation for intercompany reconciliation and helps keep intercompany in balance by uncovering any potential discrepancies.* Intercompany Account Details report. Intercompany Reconciliation and Reporting There are two new reports avaible in XML Publisher format * Intercompany Transaction Summary report * Intercompany Account Details report. The new reports offer all of the functionality of the obsolete reports plus additional benefits. The new reports offer all of the functionality of the obsolete reports plus additional benefits. The report is divided into two sections: * one section for outbound batches * one section inbound transactions. Intercompany Transaction Summary report replaces the Intercompany Transaction Detail report and Unapproved Transaction Listing report. outbound. the inbound section shows transactions received by these organizations. The outbound section shows transactions initiated by the organizations to which the user has an access.
. Transaction Status. Currency.User can select what parameters like initiator. GL Date range. User can run the report by ranges of initiator and recipient accounts to see what transactions make up their balances. Recipient. Batch Type. Batch Number range. and many more to run the report by. Invoice Number.
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