R12 Oracle Financials New Features Overview

Agenda
Why R12 was created R12 architecture New R12 features
MOAC

Subledger Accounting and Ledger Sets Legal enhancements eBTax Global Intercompany System Centralized Banking Reporting including XML Publisher

Q&A
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Why R12?
Centralize, Simplify, Standardize
Easy Reporting

Tr a ns p Re Aud aren c t i & D oncil t, ri ll iat io d ow n n

t cs ytiics Ana y Anall

Compliant Financial Data for Management

Co an mp r pr d co ehe oc m n es pl siv si ian e ng t
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C Tra ont ro ns lled En acti o try n

Architecture
Ledger & Ledger Sets

Dr

Cr

Subledger Accounting (SLA) InterCompany Bank Model

Tax Engine

Multi-Org Access Control

Inventory Work in Process
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Payables Purchasing Receivables

Projects

Multi-Org Access Control (MOAC)

India Legal Entity

USA Legal Entity

Denmark Legal Entity

Functional Tasks India
Operating Unit

USA
Operating Unit

Denmark Operating Unit

Single Responsibility

• Functional Tasks • Order Management • Dunning, Collections, Billing • Requisition, Demand & POs • Receiving & Drop Ship • Invoice Receipt, Disbursement • Customer Data Management • Accounting Setup

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Multi-Org Access Control (MOAC) (Cont..)

Subledger Accounting

Dr

Cr

Ledger French Rules Plan Comptable French Calendar EUR

Payables Invoice

Subledger Accounting

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Ledger
One Repository of Financial Truth Implements the 4 C’s:
Chart of Accounts Currency Calendar Accounting Convention

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Ledger (Cont..)

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Ledger (Cont..)

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Ledger Sets
Ledger Set Ledger C US GAAP US COA US Calendar USD Ledger D US GAAP US COA US Calendar AUD

Ledger A French Rules Plan Comptable French Calendar EUR

Ledger B US GAAP US COA US Calendar EUR

Reporting Currency

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Ledger Architecture

Ledger Set Legal Legal Legal Entities Entities Entities Primary Ledger Primary Ledger Primary Ledger (local statutory) (local statutory) (local statutory) option: reporting option: reporting option: reporting currency currency currency Secondary Secondary Secondary Ledger Ledger Ledger (corporate) (corporate) (corporate)

SLAs Operating Units Operating Units Operating Units

SLAs

Transactions

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Enhanced Legal Support
Added many attributes to the Added many attributes to the Legal Entity system entity: Legal Entity system Addresses, officers, etc. Addresses, officers, etc. Added First Party LE on Added First Party LE on Transactions Transactions Added a new entity called Added a new entity called Establishment: Establishment:
LE has a presence in a LE has a presence in a jurisdiction jurisdiction All LEs have at least one, “HQ” All LEs have at least one, “HQ” Example: If a California Example: If a California Company has to pay Company has to pay Sales Tax in Maryland, it has a Sales Tax in Maryland, it has a Maryland Maryland Establishment Establishment
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Benefits of Legal Entities
Isolate the legal compliance issues at LE, and management and security issues at OU More easily map set-up to your real-life organization LEs have tax registrations for transaction taxes LEs own their own bank accounts, and can pay invoices from any OU they own.

Oracle E-Business Tax
E-Business Suite
Transaction Data Transaction Tax Data

Oracle E-Business Tax
Tax Services Request Manager
Content Repository

Services
Tax Content Services Tax Determination Services Partner Tax Content Interface Tax Administration Services Partner Tax Services Interface

Record Repository

Tax Partner

Tax Content

Tax Services

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Advanced Global Intercompany System

Web UI

Subledger Invoices & Documents

Open Interfaces/API

Advanced Global Intercompany System

Online Reconciliation Reporting

Excel (Web ADI)
Dr Cr

XML Publisher Reports

General Ledger

Subledger Accounting

Receivables

Payables

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Intercompany Capabilities

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Intercompany Transactions

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Intercompany Setup

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Reconciliation

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Centralized Banking

LE
OU A OU B OU C

Inventory

Receivables

Projects

Work in Process
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Purchasing

Payables

Assets

Bank Model Example
OU A

OU B

OU C

Single Payment Instruction

Bank

Payments

Invoices

Sub Ledger Accounting

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Data Management

Global Tax Governments, Geographies, Authorities, etc.

Payables Purchasing Suppliers

Cash Management Banks and Branches

Payments Party Information

Trading Community Architecture Oracle Fusion Middleware

ERP

CRM

3rd Party

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XML Publisher

Checks Invoices

XML Publisher Labels Reports

Destinations

XML/EFT /EDI

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New Standard Reports
Uses XML Publisher 835 Templates are available Merges custom templates and data extracts at run-time Delivers output in PDF, HTML, RTF, Excel (HTML), or text for use with EFT and EDI transmissions

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Other New Features
Data Access Sets Advanced collection, Dunning, Loans Invoice Lines Suppliers in TCA: one setup per partner Supplier, users invoice self service Straight through processing (STP) at banks Asset Automatic Depreciation Rollback

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Summary
Why R12 was created R12 architecture New R12 features:
MOAC Subledger Accounting and Ledger Sets Legal enhancements eBTax Global Intercompany System Centralized Banking Reporting including XML Publisher
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About iWare Logic Technologies
We offer significant expertise in areas where offshore team can equip the onsite Siebel and Oracle Apps teams  This can augment with the skills needed to effectively manage, configure, integrate, administer, and support the Siebel and Oracle Apps implementation project Offshore setup and expertise needed for effective delivery iWare Logic provides focused organization in Siebel and Oracle Apps applications and technologies We are right size company to be agile for onsite and offshore delivery capabilities Customized consulting services based on the needs of different phases in Oracle Apps and Siebel Implementation Optimal costs

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Contact Us
iWare Logic Technologies Pvt. Ltd. Aditi Samruddhi, Baner, Pune , India - 411045

Email: info@iwarelogic.com Website: www.iwarelogic.com

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