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

Intercompany


There are two ways to manage intercompany transactions in E-Business Suite. They are as follows:

  • Within a single ledger with differences in the balancing segment values

  • Among multiple ledgers (which will also be managed with differences in balancing segment values)

In the ASM there is a place where you will define the relationship and the accounts to use for the intercompany transactions to be balanced for each given balancing segment value.

You must define intra-company rules for each legal entity in your ledger.

The rule enables automatic inter-company clearing accounts among different balancing segment values. The posting program performs the task of creating additional lines to ensure that each of the balancing segment values can generate an accurate Trial Balance report.

These rules also work for transactions being posted from either AP, AR, or any other subledger, as long as a rule is defined for the source and category combination.

Note

Using the Category Other manages to include...