accounting key flexfield

8/4/2019 Accounting Key Flexfield

1/13

Accounting Key Flexfield Create Chart of Accounts

Key Flexfields

Platform: 11.5.10, R12

Key Flexfield Architecture

Key Flexfield is a very important concept in Oracle. It allows you to define Key Structures in each

Module. This gives you the flexibility to model your objects according to your requirements. Some

examples of flexfields are as follow:

Accounting Flexfield in General Ledger.

Job, Position and Grade Key Flexfield in Human Resources.

Key Flexfield Architecture

A flexfield is a structure that you define for a Flexfield Title. The Flexfield Structures are registered

within an application.
http://oracledocs.wordpress.com/2009/06/22/accounting-key-flexfield-create-chart-of-accounts/http://oracledocs.wordpress.com/2009/06/23/key-flexfields/http://oracledocs.wordpress.com/2009/06/23/key-flexfields/http://oracledocs.wordpress.com/2009/06/22/accounting-key-flexfield-create-chart-of-accounts/


2/13


3/13

Training Resources KFF

Add your structure, then click on Segments to define the segments.


4/13

Segments Summary

Click on Value Set. Define your value set. The Value Set determines what values will be available for

the segment in question. Specify the Value Validation. Save the value set, close the form and attach it

to the segment as shown above.

We have various ways of validating the values.

(Detailed document to follow on Value Sets)

Define Value Sets


5/13

Define Value Sets

In this case, the validation is based on a table. Click on Edit Information to define it.


6/13

Validation Table Information

When you are done, click on Open on the Segment Summary Form. Specify whether it is required.By default all segments are marked as required.


7/13

Segments

Flexfield Qualifiers

Click on Flexfield Qualifiers to qualify the segment. This is not valid for all Key Flexfields.Accounting Flexfield has Flexfield Qualifiers and is illustrated below.


8/13

Flexfield Qualifiers

Once you are done with all the segments close the Segments Summary Form to return to the Key

Flexfield Segments window.

Compile Key Flexfield Structure

Compile KFF

To be able to use the KFF, you need to freeze the structure. To freeze the structure, check the FreezeFlexfield Definition and click on Compile. A request is launched to compile the structure. The

structure is now available in your application.

Note: The Allow Dynamic Inserts checkbox enables KFF values to be generated while using the

application. If you dont allow dynamic insert, then you need to define all the valid value combinationsfor your structure before you can use these values in your application.

Define Accounting CalendarCalendar Types

General Ledger Super User > Setup > Financials > Calendars > Types
http://oracledocs.wordpress.com/2009/06/22/define-accounting-calendar/http://oracledocs.wordpress.com/2009/06/22/define-accounting-calendar/


9/13

You can use any of the seeded Calendar Types or create your own custom Calendar type.

For Year Type: Calendar or Fiscal

Accounting Calendar

General Ledger Super User > Setup > Financials > Calendars > Accounting

Prerequisite

Carefully consider the type of calendar you need for your organization, since it can be difficult to changeyour calendar (e.g., from a fiscal year to a calendar year) once youve used it to enter accounting data.

Changing your calendar may require assistance from an Oracle consultant.

Define your accounting period types


10/13

Be careful not to miss out on any day when defining your calendar periods.

In the example above you can see that we have defined an additional adjusting period that overlaps with

our last period of the year and allows us to make adjustments after we have closed the last period. We

can have more than one adjusting period in a year with any from date and to date.

You can enable Security by checking the box (optional). You can secure your calendar definition using

definition access sets. Definition access sets are an optional security feature that allows you to control

use, view, and modify access to your General Ledger definitions.

For accounting calendars, only View and Modify access are applicable.

When you exit the Calendar Form, the Calendar Validation Report is automatically launched. You canview the request. You can also launch the request manually.

Define Transaction Calendar
http://oracledocs.wordpress.com/2009/06/22/define-transaction-calendar/http://oracledocs.wordpress.com/2009/06/22/define-transaction-calendar/


11/13

Posted by shameemakhtaron June 22, 2009

Define Transaction Calendar

Transaction Calendar

Secure Transaction Calendar

Enable Currencies


General Ledger Super User > Setup > Financials > Currencies > Define

Query for the appropriate currency. Scroll to the right and enable the currency by checking the box if it

is not checked.
http://videopage.de/poetryhttp://videopage.de/poetryhttp://oracledocs.wordpress.com/2009/06/22/enable-currencies/http://videopage.de/poetryhttp://videopage.de/poetryhttp://videopage.de/poetryhttp://oracledocs.wordpress.com/2009/06/22/enable-currencies/http://videopage.de/poetry


12/13

If your currency is not available, add the currency in the list and enable it.

Enable all currencies required and disable whatever is not required.

Accounting Setup Manager


Accounting Setup Steps

In R12, Accounting setup steps are divided into 3 parts as follow:

1. Create Accounting Structure2. Define Accounting Options

3. Complete Accounting Setup

Define System Profile Values for General Ledger


Set the following profile options at site level unless otherwise specified / required:

1. HR: Business Group
http://oracledocs.wordpress.com/2009/06/22/accounting-setup-manager/http://videopage.de/poetryhttp://videopage.de/poetryhttp://oracledocs.wordpress.com/2009/06/22/define-system-profile-values-for-general-ledger/http://videopage.de/poetryhttp://videopage.de/poetryhttp://oracledocs.wordpress.com/2009/06/22/accounting-setup-manager/http://videopage.de/poetryhttp://oracledocs.wordpress.com/2009/06/22/define-system-profile-values-for-general-ledger/http://videopage.de/poetry


13/13

2. HR: Security Profile

3. HR: User Type (responsibility level)

4. GL: Ledger Name5. GL: Data Access Set

6. MO: Operating Unit

7. MO: Security Profile

Refer to document Define System Profile Valuesfor detailed explanation on how to proceed.

GL: Data Access Set required only if you have defined Data Access Set
http://oracledocs.wordpress.com/2009/06/22/define-system-profile-values/http://oracledocs.wordpress.com/2009/06/22/define-system-profile-values/http://oracledocs.wordpress.com/2009/06/22/define-system-profile-values/

accounting key flexfield

Documents