Oracle E-Business Suite (EBS) is an integrated suite of enterprise software modules for financial management, supply chain management, manufacturing, project management, human capital management, and customer relationship management. Oracle E-Business Suite history dates back to nearly 25 years ago when Oracle started the Oracle Applications division, a group focused on building business management software closely integrated with Oracle database. The first Oracle ERP Application, Oracle General Ledger was launched in August 1988. Since then, Oracle Application releases have continued at regular intervals. May 2000 saw the introduction of Release 11i and in January 2007 Release 12 was launched.
This book is intended to serve as a quick guide for Oracle E-Business Suite users and implementers. This handbook discusses two key business process flows—Order to Cash and Procure to Pay.
In this chapter, we will discuss the foundation features and various products that make up Oracle Financials:
Navigation within Oracle E-Business Suite with focus on Release 12
Fundamentals of flexfields
Shared entities
Multiple Organization (MO) concepts
Multiple Organization Access Control (MOAC)
Integrated flows
Globalization support
Key aspects of application security