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External transactions and bank transfer External cash transactions are transactions related to cash activity that haven’t been recorded in the applications. The sources of external transactions are: For Oracle fusion practice demo instance please check here How to Create / inactivate a Bank Statement Transaction Creation Rule ? Go to Manage Bank Statement Transaction Creation … Read more
Bulk Data Load-File based Data Import Financials Cloud is the centralized reporting system and there are multiple feeder systems that send GL journals into Financials Cloud on daily basis. This loading process needs to automated to run overnight with minimal human intervention.We can user Integration Option in Oracle cloud to achieve this Features File based … Read more
To create Automatic receipt, Lockbox process is one of the ways to achieve this requirement. File Received by Bank => Upload the files => System will read the file => Receipt will be created => Receipt will be applied.Bank => Send File => All Deposit details/information is called Lockbox file.Process needs to be run to … Read more
Today we will discuss how we can change Logo for Oracle Fusion Instance. Logo primaritly is the indicates company brand and Identification . Oracle fusion cloud has provided provision to change the company Logo using sandbox customization. Watch here-Sandbox page customization real time Sceanrio From Configuration click on Sandboxes.(change Logo for Oracle Fusion Instance) Click … Read more
Oracle clode has introdued the user of AI and Redwood in most of the core offering.The combination of Artifical intelligence and Redwood provides user a very good user experience while using Oracle Fusion CLoud . Let us discuss few fetures of AI and Redwood in Sourcing and PLM modules For latest Oracle fusion SCM 2025 … Read more
Requirement Create an Invouce Approvals rule based on amount limits defined around cost center. If an invoice hasmultiple distributions for same cost center, then the limits have to be verified after summing all thedistributions with similar cost center.Let us create Invoice approval rule in advance mode to achieve this . Example Rules Defined: For cost … Read more
Manage Accounting Periods is a functionality that allows organizations to control and manage the opening, closing, and maintenance of accounting periods in their financial calendars. This feature is crucial for ensuring accurate and timely financial reporting.You can see all types of your periods: Open Closed Permanently Closed Future Enterable Never Opened Watch here AP Period … Read more
Overview Perform the following setup For Oracle fusion instance access click here Enable profile option ‘FND_READ_ONLY_MODE’ at user level How it Works When the user with read only access logs into the environment,system will display a red band above the global menu in all the pages user navigates. The band displays a message that the … Read more
Overview of Invoicing Rule Invoicing Rule:Determine the accounting period or periods in which the revenue distributions for an invoice line are recorded.1)In Advance:Use this rule to recognize your receivables immediately.2)In Arrears:Use this rule if you want to record the receivable at the end of the revenue recognition schedule. Recognizing Revenue:Revenue is recognized according to the … Read more
Supplier creation process So first let’s go to supplier Setup First of all we will discuss basic knowledge related to supplier. Which is more important before creating the supplier IN EBS –-> Anybody can create the supplier But in Fusion –> only buyers can create the supplier nothing but a Procurement Agent. Whoever working in … Read more