fusion v1 l4 manage intercompany transaction flows toi fins
TRANSCRIPT
Fusion Applications Launch April, 2008Oracle Online Training
Materials – Usage Agreement
Use of the information, documents and online training courses (collectively, “Materials”) found on this area of the Site constitutes agreement with the following terms and conditions (as well as those set forth in the Purpose and Disclaimer sections below):
1. Oracle is pleased to allow its business partner (“Partner”) to download and copy the Materials found on this area of the Site. The Materials are proprietary information of Oracle. Partner or other third party at no time has any right to resell, redistribute or create derivative works from the Materials. The use of the Materials is restricted to the non-commercial, internal training of the Partner’s employees only. The Materials may not be used for training, promotion, or sales to customers or other partners or third parties.
2. Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
3. Oracle disclaims any warranties or representations as to the accuracy or completeness of any Materials. Materials are provided "as is" without warranty of any kind, either express, implied or statutory, including without limitation the implied warranties of merchantability, satisfactory quality, fitness for a particular purpose, accuracy, timeliness and non-infringement of third-party rights. The information contained herein is subject to change without notice.
4. Under no circumstances shall Oracle be liable for any loss, damage, liability or expense incurred or suffered which is claimed to have resulted from use of these Materials. As a condition of use of the Materials, Partner agrees to indemnify Oracle from and against any and all actions, claims, losses, damages, liabilities and expenses (including reasonable attorneys' fees) arising out of Partner’s use of the Materials.
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Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Purpose:
This document provides an overview of features and enhancements included in Oracle Fusion Applications 11gR1 Release 11.1.1.5.0 and applicable updates. It is intended solely to help you assess the business benefits of upgrading your existing Oracle Products to this release, or implementing completely new Oracle developed products, and planning your I.T. Projects.
Disclaimer:
Due to the nature of the product architecture, it may not be possible to safely include all features described in this document without risking significant destabilization of the code.
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(L4) Manage Intercompany Transaction Flows
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L3 Activity Name is 'Define and Maintain Intercompany Processing Rules'
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Globalization – Not Applicable
Industry – Not Applicable
Feature Highlights
Associated Resources
Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Intercompany Transaction Flows are business flows defined to support the financial transactions between two or more business units when one business unit invoices another for the transfer of goods and services.
Intercompany Transaction Flows support the following general business flows
· Global Procurement
Creating a PO in one Business Unit and receiving in another Business Unit
· Drop Shipment
Creating a drop ship SO in one Business Unit and corresponding PO receipt in another
· Sales Order Shipment
Ship from Organization of the Sales Order belongs to a different Business Unit
*
Activity Description
Intercompany Transaction flows specify the business units and inventory organizations involved in the financial transactions when goods move from a source operating unit to a destination business unit. This may differ and be independent from the physical flow of goods.
Intercompany Transaction flows map the financial path that indicates the participating business units involved in the transfer of assets from the point of procurement to the final selling organization.
An Intercompany Transaction flow between a source and a destination identifies the chain of business units and associated inventory organizations involved in the costing, transfer of liability, and revenue when you ship material from a source to a destination.
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Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Job Role
Intercompany Accountant
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Job Roles & Associated Duty Roles
Job roles are roles associated with the job of an employee.
For example, an employee with the Job Role ‘Intercompany Accountant’ can perform job functions or job duties of the Intercompany Invoice Management Duty Role.
The association of the duty role to the job role defines those duties that the job role can perform.
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Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Duty Role
Associated Tasks
Manage Intercompany Transaction Flows
Intercompany Invoice Management Duty
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Duty Roles & Tasks
Duty roles represent a grouping of tasks one must do on a job. These are the responsibilities one has for a Job. A duty role is assigned to a job role.
The duty role Intercompany Transaction Flow Administration Duty is provisioned to the Financial Application Administrator
job role.
The duty role consists of various tasks a user will perform. For example, the duty role Financial Application Administrator enables the user to perform the tasks of Manage Intercompany Transaction Flows.
*
Setup
Setup for this activity is performed via the Functional Setup Manager
Setup is performed with the Financials Offering
Additional Setup
Bill to Customer Site
Intercompany Accounts / (Intercompany Balancing Rules)
Price Lists (Intercompany)
*
Setup
Setup of the following entities are required in order for intercompany to work. Additional setups may be required for the physical transactions to go through.
Entity - Items Owner - Common Product Model
Entity - Organizations Owner - HR
Entity - Bill to Customer Site Owner – Receivables
Entity - Business Unit as Supplier Site Owner – ISP
Entity - Intercompany Accounts (Intercompany Balancing Rules) Owner – AGIS
Customer& Supplier Assignment to Business Units
*
Feature Highlights
Tasks that are prerequisite to completing the setups for Financial Control and Reporting
Building blocks for transaction UIs
Requires accuracy and precision in data-entry for successful implementation
*
Manage Intercompany Transaction Flows
The Intercompany Transactions Flows page is where a higher level financial user, I.E. Financial Application Administrator goes to establish relationships between two or more business units for the purpose of initiating financial transactions between those business units.
*
Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
The user can either search for existing transactions flows or create new ones.
A transaction flow consists of a transaction flow header…
…and a corresponding transaction flow sequence.
*
*
Manage Intercompany Transaction Flows
The Intercompany Transactions Flows page is where a higher level user; I.E Intercompany Accountant goes to establish relationships between two or more business units for the purpose of initiating financial transactions between those business units.
*
*
*
*
Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Enter the required fields for an intercompany transaction flow
*
*
Manage Intercompany Transaction Flows
The Create Intercompany Transaction Flow window allows the user to enter the header information for the flow. The following fields are required fields when creating an intercompany transaction flow header.
Start Business Unit
End Business Unit
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Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Enter the required fields for the n intercompany transaction flow sequence.
*
*
Manage Intercompany Transaction Flows
When the create Intercompany Flow window closes, the header information is populated in the Intercompany Transaction Flow table, a new sequence is automatically created and populated in the Intercompany Transaction Flow Sequence table and, an Edit Sequence window automatically opens awaiting entry of the required fields for the sequence.
The following fields are required fields when creating an intercompany transaction flow sequence.
To Business Unit Organization
Default = From Business Unit
*
*
Use of the information, documents and online training courses (collectively, “Materials”) found on this area of the Site constitutes agreement with the following terms and conditions (as well as those set forth in the Purpose and Disclaimer sections below):
1. Oracle is pleased to allow its business partner (“Partner”) to download and copy the Materials found on this area of the Site. The Materials are proprietary information of Oracle. Partner or other third party at no time has any right to resell, redistribute or create derivative works from the Materials. The use of the Materials is restricted to the non-commercial, internal training of the Partner’s employees only. The Materials may not be used for training, promotion, or sales to customers or other partners or third parties.
2. Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
3. Oracle disclaims any warranties or representations as to the accuracy or completeness of any Materials. Materials are provided "as is" without warranty of any kind, either express, implied or statutory, including without limitation the implied warranties of merchantability, satisfactory quality, fitness for a particular purpose, accuracy, timeliness and non-infringement of third-party rights. The information contained herein is subject to change without notice.
4. Under no circumstances shall Oracle be liable for any loss, damage, liability or expense incurred or suffered which is claimed to have resulted from use of these Materials. As a condition of use of the Materials, Partner agrees to indemnify Oracle from and against any and all actions, claims, losses, damages, liabilities and expenses (including reasonable attorneys' fees) arising out of Partner’s use of the Materials.
*
*
Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Purpose:
This document provides an overview of features and enhancements included in Oracle Fusion Applications 11gR1 Release 11.1.1.5.0 and applicable updates. It is intended solely to help you assess the business benefits of upgrading your existing Oracle Products to this release, or implementing completely new Oracle developed products, and planning your I.T. Projects.
Disclaimer:
Due to the nature of the product architecture, it may not be possible to safely include all features described in this document without risking significant destabilization of the code.
*
(L4) Manage Intercompany Transaction Flows
*
L3 Activity Name is 'Define and Maintain Intercompany Processing Rules'
*
*
Globalization – Not Applicable
Industry – Not Applicable
Feature Highlights
Associated Resources
Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Intercompany Transaction Flows are business flows defined to support the financial transactions between two or more business units when one business unit invoices another for the transfer of goods and services.
Intercompany Transaction Flows support the following general business flows
· Global Procurement
Creating a PO in one Business Unit and receiving in another Business Unit
· Drop Shipment
Creating a drop ship SO in one Business Unit and corresponding PO receipt in another
· Sales Order Shipment
Ship from Organization of the Sales Order belongs to a different Business Unit
*
Activity Description
Intercompany Transaction flows specify the business units and inventory organizations involved in the financial transactions when goods move from a source operating unit to a destination business unit. This may differ and be independent from the physical flow of goods.
Intercompany Transaction flows map the financial path that indicates the participating business units involved in the transfer of assets from the point of procurement to the final selling organization.
An Intercompany Transaction flow between a source and a destination identifies the chain of business units and associated inventory organizations involved in the costing, transfer of liability, and revenue when you ship material from a source to a destination.
*
Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Job Role
Intercompany Accountant
*
*
Job Roles & Associated Duty Roles
Job roles are roles associated with the job of an employee.
For example, an employee with the Job Role ‘Intercompany Accountant’ can perform job functions or job duties of the Intercompany Invoice Management Duty Role.
The association of the duty role to the job role defines those duties that the job role can perform.
*
Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Duty Role
Associated Tasks
Manage Intercompany Transaction Flows
Intercompany Invoice Management Duty
*
*
Duty Roles & Tasks
Duty roles represent a grouping of tasks one must do on a job. These are the responsibilities one has for a Job. A duty role is assigned to a job role.
The duty role Intercompany Transaction Flow Administration Duty is provisioned to the Financial Application Administrator
job role.
The duty role consists of various tasks a user will perform. For example, the duty role Financial Application Administrator enables the user to perform the tasks of Manage Intercompany Transaction Flows.
*
Setup
Setup for this activity is performed via the Functional Setup Manager
Setup is performed with the Financials Offering
Additional Setup
Bill to Customer Site
Intercompany Accounts / (Intercompany Balancing Rules)
Price Lists (Intercompany)
*
Setup
Setup of the following entities are required in order for intercompany to work. Additional setups may be required for the physical transactions to go through.
Entity - Items Owner - Common Product Model
Entity - Organizations Owner - HR
Entity - Bill to Customer Site Owner – Receivables
Entity - Business Unit as Supplier Site Owner – ISP
Entity - Intercompany Accounts (Intercompany Balancing Rules) Owner – AGIS
Customer& Supplier Assignment to Business Units
*
Feature Highlights
Tasks that are prerequisite to completing the setups for Financial Control and Reporting
Building blocks for transaction UIs
Requires accuracy and precision in data-entry for successful implementation
*
Manage Intercompany Transaction Flows
The Intercompany Transactions Flows page is where a higher level financial user, I.E. Financial Application Administrator goes to establish relationships between two or more business units for the purpose of initiating financial transactions between those business units.
*
Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
The user can either search for existing transactions flows or create new ones.
A transaction flow consists of a transaction flow header…
…and a corresponding transaction flow sequence.
*
*
Manage Intercompany Transaction Flows
The Intercompany Transactions Flows page is where a higher level user; I.E Intercompany Accountant goes to establish relationships between two or more business units for the purpose of initiating financial transactions between those business units.
*
*
*
*
Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Enter the required fields for an intercompany transaction flow
*
*
Manage Intercompany Transaction Flows
The Create Intercompany Transaction Flow window allows the user to enter the header information for the flow. The following fields are required fields when creating an intercompany transaction flow header.
Start Business Unit
End Business Unit
*
Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Oracle Proprietary and Confidential
Enter the required fields for the n intercompany transaction flow sequence.
*
*
Manage Intercompany Transaction Flows
When the create Intercompany Flow window closes, the header information is populated in the Intercompany Transaction Flow table, a new sequence is automatically created and populated in the Intercompany Transaction Flow Sequence table and, an Edit Sequence window automatically opens awaiting entry of the required fields for the sequence.
The following fields are required fields when creating an intercompany transaction flow sequence.
To Business Unit Organization
Default = From Business Unit
*
*