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Friends if you are working in Oracle Cloud ERP you can see a new functionality. Multiple balancing segment in Oracle Cloud ERP. Why it is new functionality ? Because in Oracle E Business Suite we can only assign one segment as a balancing segment qualifier. Usually that is company segment or legal entity segment .At … Read more
OVERVIEW people usually confused about COA Structure and COA Structure Instance in Oracle fusion. Chart of Account structure (COA) is not new to people who have already worked in Oracle EBS. But in Oracle fusion there is a new term called COA Structure Instance .In Oracle fusion ERP this is very important from reporting point … Read more
OIC The concept of Cloud integration is a game changer in recent time. This comes with robust technology and tools to connect various other application and communicate with each other seamlessly. Oracle Integration cloud service fulfils the same purpose. This helps in connecting various systems, repositories ,third party tools with Oracle fusion cloud ERP . … Read more
What is RIP Oracle fusion provides option to create rapid implementation for financial, SCM and some other modules .Some of the basic setup you can perform very quickly with the help of predefined spreadsheet template in Oracle fusion today we will discuss how we can perform Rapid implementation in oracle fusion financial Steps for RIP … Read more
Revenue Category Whenever we are doing revenue recognition from project and transferring the revenue entry to GL system identifies what is the revenue category. for that particular revenue transaction. A revenue category describes a source of revenue for the organization and helps to classify revenue streams. We are linking the revenue category to expenditure category … Read more
Project Unit Organization is a new concept in Oracle Fusion.It is a additional control provided by Oracle cloud. For Oracle Fusion Instance access click here If your organization is providing different kind of services and implementing project module,Project unit is used to control the project configuration based on the services. There is no implementation option … Read more
Introduction Fusion PPM In Oracle Cloud , resources are very important component of a Project.While defining the resources we need to take care of three thing-Job Mapping,Resources Class and nonlabor resources Through Job Mapping we have to associate granular Human resource jobs to less detailed Project Job . These job can be used for project … Read more
A Control Budget is an approved budget that is actively monitored and enforced within Oracle Fusion. It serves as a financial threshold against which expenditures (actuals, commitments, encumbrances) are validated before they are processed. Unlike planning budgets, which are for tracking and forecasting, this enforce spending rules. Purpose of Con trol Budget This is a … Read more
Oracle Cloud Project Portfolio Management (PPM) is a comprehensive solution designed to manage the financial and operational aspects of projects. One of its core functionality is Project Control. Project control plays a important role in planning, managing, and monitoring project financials across the project lifecycle. It enables organizations to control project budgets, track costs, manage … Read more
RMCS Overview RMCS-Oracle Revenue Management Overview In Oracle Cloud Financial The core principle of ASC 606 and IRFS 15 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those … Read more