Book Image

Oracle E-Business Suite 12 Financials Cookbook

By : Yemi Onigbode
Book Image

Oracle E-Business Suite 12 Financials Cookbook

By: Yemi Onigbode

Overview of this book

Oracle EBS Financials Suite is a solution that provides out-of-the-box features to meet global financial reporting and tax requirements with one accounting, tax, banking, and payments model and makes it easy to operate shared services across businesses and regions. Have you ever wondered how the EBS Financials modules integrate with each other, and do you want to know how this is done quickly? If so, this book is for you. You may have read about what EBS financials does, but with this book on your work desk you will see how to do it. The Oracle E-Business Suite 12 Financials Cookbook will enable you to taste the core functionalities of the main modules using bite size recipes. Each recipe is organized in a way that will enable you to learn the core steps to perform in a key business scenario; it then dives deeper into concepts and scenarios. Discover scenario-based recipes, designed to help you understand how the end-to-end processes within EBS R12 Financials modules are linked together, through touch points. With each chapter, this book develops a full business end-to-end scenario to cover the financial modules. You will start by creating items in Inventory, and then purchase items in Procurement. Then you will move on to entering supplier invoices and paying them in Payables and creating and managing assets. See how items are sold and shipped to customers in Order Management, and how funds are received from customer in Receivables. Manage cash and transfer transactions to General Ledger, and then close periods.

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Oracle E-Business Suite 12 Financials Cookbook
Yemi Onigbode
Aug, 2011 | 384 pages
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Table of Contents (15 chapters)
Oracle E-Business Suite 12 Financials Cookbook
Oracle E-Business Suite 12 Financials Cookbook
Credits
Credits
About the Author
About the Author
About the Reviewer
About the Reviewer
www.PacktPub.com
www.PacktPub.com
Preface
Preface
Free Chapter
1
Creating Items in Inventory
Creating Items in Inventory
Introduction
Creating Items
Exploring Item attributes
Creating Item templates
Exploring Item controls
Adjusting Items in Inventory
Classifying Items
2
Purchasing Items in Procurement
Purchasing Items in Procurement
Introduction
Raising requisitions for Items
Approving requisitions
Creating suppliers
Creating purchase orders
Receiving Items
Reviewing procurement accounting transactions
3
Paying Supplier Invoices in Payables
Paying Supplier Invoices in Payables
Entering invoices
Entering a prepayment
Entering credit memos
Applying holds to an invoice
Canceling an invoice
Paying invoices
Creating a payment process template
Voiding a payment
Reviewing payables accounting transactions
4
Managing Assets
Managing Assets
Introduction
Adding assets
Adjusting assets
Depreciating assets
Retiring assets
Reviewing asset accounting
5
Selling Items to Customers in Order Management
Selling Items to Customers in Order Management
Introduction
Creating customers
Entering sales orders
Adding Items to price list
Reviewing Order Management workflow
Creating Drop Ship orders
Creating Back-to-Back orders
Creating a return
Applying holds
Releasing orders
Shipping orders
Creating invoices
6
Receiving Funds in Receivables
Receiving Funds in Receivables
Introduction
Creating an invoice
Adjusting invoices
Entering receipts
Managing debt
Reviewing Receivables' accounting transactions
7
Managing Cash
Managing Cash
Introduction
Creating bank accounts
Entering bank statements
Reconciling bank statements
Creating cash forecasting
Reviewing accounting transactions
8
Defining Transactions for the General Ledger
Defining Transactions for the General Ledger
Introduction
Defining the chart of accounts
Setting up the ledger
Defining Subledger accounting
Defining E-Business Tax
9
End of Period Processing
End of Period Processing
Introduction
Closing Payables
Closing Purchasing
Closing Receivables
Closing Inventory
Closing the General Ledger

Creating invoices

The customer needs to be invoiced for the goods. In this recipe, we will run Autoinvoice for all outstanding sales orders and view the generated invoice for the order number 66414.

Getting ready

The order needs to be shipped before we can create the invoice.

How to do it...

Let's create the invoice for all outstanding sales orders.

Let's list the steps required to complete the task:

  1. 1. Navigate to Receivables | Interfaces | AutoInvoice.

  2. 2. In the Submit a New Request form, click on the OK button.

  3. 3. In the Autoinvoice Submit Request form, select Autoinvoice Master Program.

  4. 4. Select the Import source of ORDER ENTRY in the import source field.

  5. 5. Enter 07-Feb-2011 in the Default Date field.

  6. 6. Leave the defaults for all the other fields.

  7. 7. Click on the OK button.

  8. 8. Click on the Submit button.

    Viewing the invoice details for order 66414.

  9. 9. Navigate to Orders, Returns | Quick Order Organizer.

  10. 10. In the Order Number field, enter 66414.

  11. 11. Click on the Find button. The Order details...

Previous Section
End of Chapter 5
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