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

Ledger and Data Access Sets


Release 12 has introduced additional functionality to manage multiple ledgers as a collection. This eases reconciliation and close processes for users that have to work with multiple ledgers.

Ledger sets conditionally group ledgers into a collection. Additionally, Data Access Sets also limit the type of access you can have within specific ledgers. This is in addition to the Balancing Segment values assignment task in the ASM, discussed previously.

Ledger sets

In R12 you can create ledger sets to perform tasks for a set of ledgers instead of having to perform all these tasks individually for each of them one by one.

Ledger sets can be used to perform the following tasks:

  • Translation and Revaluation : Translate balances and run revaluation across multiple ledgers in a ledger set

  • Open and Close Periods: Open and close periods for multiple ledgers within a ledger set from a single operation

  • Reporting: Submit standard reports and Financial Statement Generator (FSG...