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.
Table of Contents (15 chapters)
Oracle E-Business Suite 12 Financials Cookbook
About the Author
About the Reviewer

Receiving Items

Receiving Items consists of two main parts: receiving into a receiving bay, and then delivery into a Subinventory or Expense location. In this recipe, we will look at direct delivery into a Subinventory location. Receiving can occur in purchasing or iProcurement; we will use iProcurement to receive in this recipe.

We are going to receive 45 of the 100 paper widgets from Office Widget Suppliers, Inc.

Getting ready

We need an approved purchase order before we can receive the Items in iProcurement.

How to do it...

  1. 1. Select the iProcurement responsibility.

  2. 2. Click on the Receiving tab and enter the requisition number 14337 in the Search Value field.

  3. 3. Click on the Go button.

  4. 4. Select the line for the Paper Widget and enter 45 in the Receipt Quantity / Amount field. We need to ensure that that the correct unit of measure is selected.

  5. 5. Click on the Next button.

  6. 6. Enter the Receipt Date.

  7. 7. Enter the Waybill number, for example, WB-10001-62962. This is the consignment note issued...