Book Image

Oracle E-Business Suite Financials R12: A Functionality Guide

By : Mohan Iyer
Book Image

Oracle E-Business Suite Financials R12: A Functionality Guide

By: Mohan Iyer

Overview of this book

<p>Oracle EBS Financials provide organizations with solutions to a wide range of long- and short-term accounting system issues. Oracle E-Business Suite is the most comprehensive suite of integrated, global business applications that provides the most complete, integrated business intelligence portfolio<br /><br />Oracle E-Business Suite: A Functionality Guide – helps in binding the two skill sets together – knowledge of the software and the business knowledge of the user.<br /><br />This guide contains everything you need to know to maximize your implementation payback or return on investment.<br /><br />This book starts with an overview of Oracle E-Business Suite R12 where we cover the foundation features of Oracle Financial Management modules which include Navigation within Oracle E-Business Suite Release 12, Multiple Organization Access Control (MOAC), key aspects of Application Security and much more. The book then covers in detail General Ledger, Sub Ledger Accounting, Assets, Cash Management, Treasury, E-Business Tax, and much more.</p>
Table of Contents (24 chapters)
Oracle E-Business Suite Financials R12: A Functionality Guide
Credits
Foreword
About the Author
Acknowledgement
About the Reviewers
www.PacktPub.com
Preface
Index

Transactions


Transactions are created in Oracle Receivables from shipment details or other related services delivered to customers. There is an accounting requirement to create receivables transactions soon after the shipment, service, or other related activity has been completed.

In some cases invoicing is delayed based on local statutory requirements, but for now let us assume that the activity which initiates invoicing has been satisfied and the invoice will be created.

AutoInvoice, described in the previous section, impacts all transactions creation (invoices, debit, and credit memos). Transaction types and batch sources are required to manage creation of any of these transactions.

Transaction types define the accounting (as related to your AutoInvoice definition), type of transaction, and if these should be accounted and open for receivables.

Batch sources define the numbering sequence and the ability to capture additional information related to transaction creation when AutoInvoicing...