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Update R12 Financials . Brad Holzer Brad.holzer@oracle.com Sales Consultant, Oracle E-Business Suite. 1. Agenda. Why Release 12 ? What do I need to know about Release 12? Why should customers upgrade? Where do I go to learn more? Questions?. 2. Agenda. Why Release 12 ?

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update r12 financials

Update R12 Financials

Brad Holzer

Brad.holzer@oracle.com

Sales Consultant, Oracle E-Business Suite

1

agenda
Agenda
  • Why Release 12 ?
  • What do I need to know about Release 12?
  • Why should customers upgrade?
  • Where do I go to learn more?
  • Questions?

2

agenda3
Agenda
  • Why Release 12 ?
  • What do I need to know about Release 12?
  • Why should customers upgrade?
  • Where do I go to learn more?
  • Questions?

3

path to finance transformation less transaction processing more business support
Path to Finance TransformationLess Transaction Processing, More Business Support

Globalization

“How do I manage complexity of complying with international regulations, tax codes, and financial reporting standards?”

  • Standardize processes
  • Centralize accounting/tax setup and maintenance
  • Consolidate finance systems
  • Implement shared services
  • Adopt best practices
  • Manage compliance with one platform
  • Integrate performance management across the business
  • Synchronize financial and operational data

Complexity and Costs

“How can I spend less money and time on transaction processing while supporting business growth?”

Regulations and Oversight

“How do I get a return on the expense of managing increasing regulatory and oversight demands and risk?”

Profitable Growth

“How do I partner with the business to make the right investments in products, people, projects, and processes to drive growth?”

agenda7
Agenda
  • Why Release 12 ?
  • What do I need to know about Release 12?
  • Why should customers upgrade?
  • Where do I go to learn more?
  • Questions?

8

general ledger the center of erp

Other

Projects

General

Ledger

Cash Mgmt

Assets

Inventory

Purchasing

Receivables

Payables

General LedgerThe Center of ERP
release 12 evolutionary new architecture centralizing key architectural components

Other

Projects

General

Ledger

Centralized Accounting

Cash Mgmt

Assets

Inventory

Purchasing

Receivables

Payables

Release 12 – Evolutionary New ArchitectureCentralizing Key Architectural Components

General

Ledger

slide10

Other

Projects

Centralized Accounting

Centralized Accounting

Cash Mgmt

Intercompany

Global Tax

Banks & Accounts

TradingCommunity

Assets

Inventory

Purchasing

Receivables

Payables

Release 12 – Trading Community ArchitectureCentralization Extended

r12 financial organization

Ledger 1

Ledger 2

Ledger 3

Ledger Sets

LE3

LE2

LE1

-%

Centralized Accounting Engine

Bank& Payments

Tax Engine

InterCompany

LE & Org Setup

Role Based Access

US Organization 1

Inventory

Inventory

Inventory

Dr

Dr

Cr

Cr

Receivables

Receivables

Projects

EU Organization 1

Payables

Payables

Payables

Purchasing

Purchasing

Purchasing

US Organization 2

R12 Financial Organization

Secondary Ledger

release 12 evolutionary new architecture centralizing key architectural components12

Other

Projects

Centralized Accounting

Cash Mgmt

Assets

Inventory

Purchasing

Receivables

Payables

Release 12 – Evolutionary New ArchitectureCentralizing Key Architectural Components

General

Ledger

sla keeps the subledgers gl tied out keep the auditors happy

Transactions

(& adjustments)

Accounting Events

Organization Setup

DefaultDistributions

SLA keeps the Subledgers & GL tied outKeep the auditors happy!

Subledger Applications

Accounting

Configurations

General

Ledger

Subledger

Journal Entries

Accounting

Program

GL

Journal Entries

and Balances

Subledger

Balances

Reconciled:Docs, SLA, GL in synch

Subledger AccountingService

ticked tied

SLA Controls that GL Balances and SLA Balances tie,and that both tie to the document (invoice, payment, etc.)sources

General Ledger

SLA Detail

Ticked & Tied
multiple accounting representations global financial reporting local and gaap

Ledger A

Ledger B

BE Rules

BE Chart

BE Calendar

EUR

US GAAPUS COA

US Calendar

EUR

Dr

Cr

CentralizedAccounting

Payables Invoice

Multiple Accounting RepresentationsGlobal Financial Reporting, Local and “GAAP”

Single business transaction can create multiple accounting representations, in multiple currencies

slide17

SLA : Multiple Accounting Representations

Secondary Ledger

Primary Ledger

multiple ledgers efficient ledger sets

Share:

    • Chart of Accounts
    • Calendar

Ledger Set

Ledger C

US GAAP

US COA

US Calendar

USD

Ledger A

  • Defined by 4 C’s:
    • Accounting Convention
    • Chart of Accounts
    • Calendar
    • Currency

US GAAPUS COA

US Calendar

EUR

Ledger D

US GAAP

US COA

US Calendar

GBP

Multiple Ledgers Efficient Ledger Sets

Ledger B

BE Rules

BE Rekeningplan

BE Calendar

EUR

  • Ledger Set Benefits:
  • Cross/Multiple Ledger processing and reporting
  • Data and definitions that can be shared and secured
  • Native support for multiple accounting representations

Reporting Currency

setting up the organization 11 i user experience
Setting Up the Organization11i User Experience
  • Define/Assign Set of Books, Specify Conversion options/rules

Defining a set of books takes 5 tabs to accommodate all fields and rules

Multiple steps required to assign sets of books and specify conversion options/rules

accounting setup manager r12 single page for accounting setup
Accounting Setup ManagerR12 Single Page for Accounting Setup

Define legal entities dashboard

Assign/view legal entities

Define ledger (set of books)

Define operating units

** Setup which had comprised multiple steps across many forms is now consolidated into one dashboard **

slide22

Other

Projects

Centralized Accounting

Cash Mgmt

Intercompany

TradingCommunity

Global Tax

Banks & Branches

Banks & Accounts

Assets

Inventory

Purchasing

Receivables

Payables

Release 12 – Bank Account ChangesCentralized Bank & Bank Account Definitions

centralized banking and payments funds disbursement and capture
Centralized Banking and PaymentsFunds Disbursement and Capture
  • Bank account is now associated with LE entity rather than Operating Unit
  • Single bank account serves multiple Operating Units
  • Any and all Operating Units associated with a ledger can be permitted to use the bank account

LE

OU B

OU A

OU C

Inventory

Receivables

Receivables

Projects

Projects

Plus

Work in Process

Assets

Payables

Payables

Purchasing

E-Business Suite

  • Centralized Credit Card Model
  • Credit Card Encryption
  • Supplier & Customer Banks in TCA
example shared service disbursement
Example: Shared Service Disbursement

OU A

OU B

Centralized Accounting

Single Payment Instruction

OU C

Bank

Payments

  • Setup accounting policies
  • Select invoices from multiple OUs
  • Format for bank and disbursement countries
  • Send single instruction to bank
  • Generate separate payments for each OU

Invoices

secure treasury operations information with seamless and timely bank reconciliation

Bank Statement Open Interface

Statements

Miscellaneous Transactions

  • Formats
  • BAI2
  • SWIFT940
  • EDIFACT
  • XML

Payroll

Banks

AR

$

Accounting Entries

GeneralLedger

$

$

CashManagement

AP

Treasury

ExternalSystems

Reconciliation Open Interface

Secure Treasury Operations & Information With Seamless and Timely Bank Reconciliation
slide29

Other

Projects

Centralized Accounting

Centralized Accounting

Cash Mgmt

Global Tax

Global Tax

Banks & Accounts

Intercompany

TradingCommunity

Assets

Inventory

Purchasing

Receivables

Payables

Release 12 – Global TaxCentralized Tax Determination & Reporting

  • Centralized Rules & Determination
  • Improved Reporting
  • Effective Dated Setup
  • Tax Simulator
ebusiness tax tax determination not just tax codes
eBusiness TaxTax determination, not just tax codes…

Before R12

R12

  • eBTax determines tax based on facts about each transaction
  • Tax rules you can see
  • Tax attributes collected in fields on key entities
  • Configure tax rules once per regime and share with your legal entities
  • Facilitates compliance
  • Improves auditability
  • User determines tax by assigning Tax Codes
  • Tax rules in code
  • Global descriptive flexfields for country-specific tax attributes
  • Granular setup at OU level
oracle ebusiness tax processing taxes for transactions and reporting

Parties

Places

Purchasing

Products

Payables

Processes

Calculate

TaxAmount

Tax Status& Rate

DetermineRegimes

ApplicableTaxes

Taxable

Basis

Sales Orders

Receivables

Tax Transactions

Taxes,

Rules

Tax Reports

- PDF, HTML, RTF- Security enabled

Oracle eBusiness TaxProcessing taxes for transactions and reporting

Transactions

Single Interface for Transactions

Transparent Integration with Tax Partner Services

slide34

Other

Projects

Centralized Accounting

Centralized Accounting

Cash Mgmt

Global Tax

Intercompany

TradingCommunity

TradingCommunity

Banks & Accounts

Assets

Inventory

Purchasing

Receivables

Payables

Release 12 – Trading Community ArchitectureCentralization Extended

  • Suppliers
  • Banks & Branches
  • Tax Geographies
  • Improved Consistency
suppliers in tca leveraging centralized data model

Cash Management

Payments

Global Tax

Payables

Purchasing

-%

Suppliers in TCALeveraging centralized data model

Geographies

Party Information

Banks and Branches

Suppliers

Trading Community Architecture

ERP

3rd Party

CRM

slide37

Other

Projects

Centralized Accounting

Cash Mgmt

Intercompany

TradingCommunity

Global Tax

Banks & Accounts

Intercompany

Assets

Inventory

Purchasing

Receivables

Payables

Release 12 – IntercompanyAdvanced Global Intercompany System

  • Intercompany Account Definition
  • Integration with Payables & Receivables
  • Improved Reconciliation
  • Inter & Intra – Company Balancing
centralized intercompany faster period end close

SubledgerInvoices &Documents

General Ledger

Receivables

Payables

Centralized Intercompany Faster Period-End Close

Advanced GlobalIntercompanySystem

Manual Entry

Open Interfaces / API

  • Generate subledger invoices
  • Control transaction entry with Intercompany Calendar
  • Fully Configurable Approval Rules
  • Centrally defined Intercompany Accounts
  • Transaction-level balancing

Online Reconciliation Reporting

Excel(Web ADI)

XML Publisher Reports

Dr

Cr

Subledger Accounting

advanced global intercompany system agis
Advanced Global Intercompany System (AGIS)

This is the Receivables Balance in Vision Sweden

This is the Payables Balance in Vision Norway

slide40

Totals of the journals posted in each of the Legal Entities grouped by source and category

The Payables balance in Vision Norway is less than the Receivables balance in Vision Sweden indicating Payables Invoices have not been posted.

role based access more productive shared services operations

Functional Tasks

  • Accounting
  • Billing, Dunning & Collections
  • Procurement
  • Order Management
  • Payments
  • Data Management

SingleResponsibility

Role-Based AccessMore Productive Shared Services Operations

Perform multiple tasks across operating units without changing responsibilities

Italy

Legal Entity

US

Legal Entity

France

Legal Entity

France

Operating Unit

US

Operating Unit

Italy

Operating Unit

Responsibility

Responsibility

Responsibility

Responsibility

Responsibility

Responsibility

bi publisher business users format and deliver documents

Work

Think

Manage

BI PublisherBusiness Users Format and Deliver Documents

BI Publisher

Data Sources

Output Formats

Destination

Oracle Applications

Publishing

Engine

  • Email
  • Printer
  • Fax

PDF

RTF

HTML

XML

EDI

Excel

XML

CRM

Projects

FMS

OrderConfirmations

Templates

Letters

HCM

FundTransfers

OnlinePaychecks

SCM

GovernmentGrant Forms

Bills

Business User

Any XMLData Source

agenda50
Agenda
  • Why Release 12 ?
  • What do I need to know about Release 12?
  • Why should customers upgrade?
  • Where do I go to learn more?
  • Questions?

63

superior ownership experience better upgrades
Superior Ownership ExperienceBetter Upgrades

Continuity and Choice

  • Uptake new features at your pace
  • Run your business the same way
  • Minimize manual work

Testing – More customer database upgrades; more dependency analysis and management

Upgrade Process – Fewer pre- and post-upgrade steps

Documentation – More comprehensive functional upgrade impact; improved sizing guidelines; downtime reduction techniques

increase productivity new user experience
Increase ProductivityNew User Experience

New BackgroundPattern

NewButtons

NewColors

NewFonts

New

Icons

slide55

<Insert Picture Here>

300+ New Features

slide56

Evolution of Oracle Financials

Base Differentiators…

New in 11i.10…

New in R12…

  • Daily business intelligence for financials
  • Global single instance and shared service center support
  • Global language, currency and regulatory support
  • Unified data model
  • Industry leading performance and scalability
  • Unified customer model with data quality management tools
  • Integrated collections management
  • Online receipt and dispute management
  • Online supplier procurement and payment management
  • Property and real estate management
  • Compliance-driven financial consolidation and reporting
  • Enterprise planning and budgeting
  • Audit operations, compliance and certification management
  • Web services for financials
  • XBRL financial reporting
  • Enhanced bill presentment: user definable formats and online drill down capabilities
  • Enhanced credit, collections, and trade management integration flow
  • Self-service asset management
  • Enhanced credit card business flow management
  • Cash positioning and forecasting
  • Project Management
  • Ledgers and ledger sets
  • Centralized rules-based accounting engine
  • Single, global tax engine
  • Centralized payments engine
  • Common global intercompany system
  • Shared services support with multi-org access
  • Improved user experience
  • Centralized data model for suppliers and banks
  • Incentive Compensation enhancements
  • Improved Collections Functionality
  • New Project Management tools
  • Enhanced Rev Recognition
  • Enhanced Revenue Matching

CONFIDENTIAL: All capabilities and dates are for planning purposes only and may not be used in any contract

why upgrade less transaction processing more business support
Why UpgradeLess Transaction Processing, More Business Support

Globalization

“How do I manage complexity of complying with international regulations, tax codes, and financial reporting standards?”

  • Standardize processes
  • Centralize accounting/tax setup and maintenance
  • Consolidate finance systems
  • Implement shared services
  • Adopt best practices
  • Manage compliance with one platform
  • Integrate performance management across the business
  • Synchronize financial and operational data

Complexity and Costs

“How can I spend less money and time on transaction processing while supporting business growth?”

Regulations and Oversight

“How do I get a return on the expense of managing increasing regulatory and oversight demands and risk?”

Profitable Growth

“How do I partner with the business to make the right investments in products, people, projects, and processes to drive growth?”

agenda58
Agenda
  • Why Release 12 ?
  • What do I need to know about Release 12?
  • Why should customers upgrade?
  • Where do I go to learn more?
  • Questions?

89

r12 information available online for ebs customers
R12 information available online for EBS customers

Oracle.com

  • EBS Release 12 page on Oracle.com
    • The link for R12 Information Page on Oracle.com
  • EBS Release 12 User Guides on Oracle.com
    • The link for R12 User Guides on Oracle.com
  • Oracle Business Intelligence Applications
    • The link for BI Applications on Oracle.com
  • Oracle GRC Governance Risk Compliance Applications
    • The link for GRC Controls Suite Applications

Launch.Oracle.com

user productivity kit upk
User Productivity Kit (UPK)

Multi-user Content Management Capabilities

Oracle’s User Productivity Kit is the collaborative content development platform to drive user productivity and mitigate risk throughout all phases of the software ownership lifecycle

PerformanceSupport Material

Documentation

Training

Process Guides

User Acceptance

Test Scripts

Instructor-led Training

Web-based Training

Job Aids

Simulations

Application Coach

Job Aids

Go-Live

Usage Tracking

Usage Tracking

UPK

Developer

Single Source Development and Customization

Version Control

History

Rollback

Check In/Check Out

r12 information available online for ebs customers62
R12 information available online for EBS customers

Metalink

  • EBS Release 12 Information Center on Metalink:
    • The link for R12 Information Center
  • EBS Release 12 RCD’s (Release Content Documents) (Metalink Note: 404152.1):
    • The link for RCD’s
  • EBS Release 12 Documentation Resources Overview (Metalink Note: 394692.1):
    • The link for the Documentation Resources
  • EBS Release 12 Translation Matrix (Metalink Note: 412218.1):
    • The link for R12 translation matrix
  • R12 EMEA Consulting Localizations for Belgium
    • R12 EMEA Consulting Localizations - Belgium
slide63
Q & A

&

Q U E S T I O N S

A N S W E R S