r12.2 new features

8/11/2019 R12.2 New Features

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Oracle has announced Oracle EBS 12.2 version on Sep 19, 2013.

This latest version presents Online Patching to support

administrations with high-availability requirements by dramatically

reducing planned maintenance downtimes.



Ability to import customer tax information

New way to define a tax rule. We have ability to evaluate if an

attribute on a transaction is null or not null

Users can now utilize the Customer Interface program to import thefollowing tax information:

• Party Tax Profile

• Tax Registrations

• Exemptions

• Reporting Code Association.

Users can define rules to calculate taxes using null transaction

attributes. Two new operators, ‘Null’ and ‘Not Null’ are available to

specify whether a transaction attribute is allowed to be null during

tax calculations.



Payment Acknowledgement Import

Oracle Payments can import payment acknowledgement reports

containing payment status for bank received payment files.

Users can:

• Map bank acknowledgment codes with system defined

acknowledgment codes

• Import acknowledgment data

• Import multiple acknowledgments per payment

• Review acknowledgment details including bank reported errorsand status



Added integration to Hyperion’s Data Relationship Management

(DRM) and to Fusion’s Accounting hub

Users can take advantage of new Fusion General Ledger

capabilities, such as embedded Essbase integration with real-time

analytics.

Generate boardroom ready financial statements

Analyze variances with exception-based online account monitoring

Online slice-and-dice account analysis.



Enhanced Bill of Entry Functionality

Create bill of entry records referencing documents such as

Purchase Orders, Releases, and Advanced Shipping Billing Notices

Account for custom duty taxes at the tax type level Assign taxable basis based on landed cost or assessable value

Calculate taxable basis using exchange rates specified by

customs.

Oracle Financials for India TDS feature can support advanced tax

determination features, navigation and usability improvements fortax integration with Payables invoices and centralized tax

repository which enables powerful reporting capabilities.



The tax invoice generation on Shipment feature is seamlessly

integrated with Shipment event.

Oracle Financial for India Creditors Ledger and India Creditors Trial

Balance reports, report architecture has been modified for

improved performance.

Users have ability to import legacy application computed taxes or

use Oracle Financials for India to calculate taxes for receivables

and payables transactions on import.



Ability to review and sweep accounting transactions. The new

Sweep Invalid Distributions report shows the details of the

accounting exceptions that are holding the period close for review

and action. If the amount involved is not material from the reporting

perspective and resolving the accounting exceptions is likely todelay the period close then the transactions with invalid accounting

can be swept to the next open period.



Ability to automate the Auto Lockbox processing. Prior to 12.2.2,

the lockbox programs had to be launched manually from the forms.

Receivables now allows these programs to be submitted as

standard concurrent requests. This allows you to schedule the

submission of the program to coincide with the receipt of the filefrom the bank.

Ability to programmatically assign a customer to an unidentified

receipt via an API.



Integration with Aisino Golden Tax system V7.20 on which one

Golden Tax transactions can map multiple VAT invoices

VAT invoice types can be defaulted by customer taxpayer types,

and user can change the default VAT invoice type on receivable

transaction level

Allow to split transaction lines while unit price exceeds maximum

VAT invoice amount limit.



One of the pre-built OBIEE reporting and analytics dashboardssupported in EA&R covers the quantitative responses to theCarbon Disclosure Project (CDP)

The Carbon Disclosure Project report has been enhanced to

support additional questions under the 2011 guidelines. The dashboard can now display: emissions in metric tons, emission

factors applied for GHG calculations and their origin; breakdown ofScope 1 and Scope 2 emissions by activity; amount of fuel,electricity, heat, steam, and cooling in MWh consumed by anorganization during the reporting year; breakdown of fuel usage byfuel type; year by year comparison of combined Scope 1 andScope 2 emissions

year by year comparison of Scope 3 emissions by source; andgross combined Scope 1 and 2 emissions for the reporting year inmetric tons CO2e per full time equivalent (FTE) employee.



Enhanced Performance Dashboards: Pre-built Oracle Business

Intelligence Enterprise Edition (OBIEE) dashboards enable the

dynamic generation of reports providing insight into an

organization’s emissions and other environmental impacts

The dashboards provide information on energy usage, emissions,

key performance indicators (KPIs), activities and transactions.

Users can view graphical representations of the data



Enhanced Key Performance Indicators: Oracle Environmental

Accounting and Reporting enables organizations to create and

modify standard and custom industry-specific key performance

indicators (KPIs) to measure performance and monitor key

environmental metrics such as energy, waste, and water

Normalize data to operational metrics and use a drag-and-drop

environment in OBIEE to create custom reports.

In the 12.2 release it is now possible to set a threshold in the KPI

Metrics history page highlighting to users whether the organization

is performing above, below or in-line with the targets so that

corrective actions can be taken as needed to successfully execute

on the organization’s sustainability initiatives.

r12.2 new features

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