Oracle e business suite 12 financials cookbook take the hard work of your daily interactions with e business suite financials by using the 50+ recipes from this cookbook

Table of Contents Oracle E-Business Suite 12 Financials Cookbook Credits About the Author About the Reviewer www.PacktPub.com Support files, eBooks, discount offers and more Why subscribe? Free access for Packt account holders Instant Updates on New Packt Books Preface What this book covers What you need for this book Who this book is for Conventions Reader feedback Customer support Errata Piracy Questions Creating Items in Inventory Introduction Creating Items Getting ready How to it How it works There's more Assigning Items to inventory organizations Assigning Items to categories See also Exploring Item attributes How to it Creating Item templates Getting ready How to it How it works There's more Amending the template Creating an Item and applying the template to the Item Exploring Item controls Getting ready How to it There's more Storing Items by Subinventories Storing Items by locators Identifying Items by lot control Tracking Items using serial control Controlling Items using revisions Adjusting Items in Inventory How to it There's more Searching for Items Classifying Items How to it How it works There's more Viewing the Item Categories structure Viewing the values in the structure Creating catalogs Assigning a catalog description to an Item Searching for Items using catalog attributes Purchasing Items in Procurement Introduction Raising requisitions for Items Getting ready How to it How it works There's more Smart forms Accounting codes Copying a requisition Correcting a requisition Canceling a requisition See also Approving requisitions Getting ready How to it How it works There's more Reviewing the employee setup Reviewing the Position Hierarchy Reviewing the document types Reviewing the approval groups Reviewing the approvals assignment Creating suppliers Getting ready How to it How it works There's more Creating a contact Creating a bank account Reviewing the accounting details Reviewing the purchasing options Setting the receiving options Setting the payment details Creating purchase orders Getting ready How to it There's more Using Blanket Purchase Agreements (BPA) Viewing the agreement in iProcurement Using Contract Purchase Agreements (CPAs) Using the contract in iProcurement Reviewing the purchasing options Approving purchase orders and agreements See also Receiving Items Getting ready How to it There's more Express Receiving Returning Items Correcting receipts Viewing receipts Reviewing receiving options Reviewing procurement accounting transactions How to it How it works There's more The Receiving Inventory Account Inventory AP Accrual Account Expense AP Accrual Account Material Cost Account PO Distribution Charge Account Financial options See also Paying Supplier Invoices in Payables Entering invoices Getting ready How to it How it works See also Entering a prepayment Getting ready How to it There's more Entering a quick invoice for a prepayment Applying a prepayment to an invoice Entering credit memos Getting ready How to it Applying holds to an invoice Getting ready How to it H ow it works There's more Reviewing invoice management holds See also Canceling an invoice Getting ready How to it Paying invoices Getting ready How to it How it works Creating a payment process template Getting ready How to it There's more Creating a scheduled payment Voiding a payment Getting ready How to it There's more Stopping a payment Reviewing payables accounting transactions Getting ready How to it How it works There's more Creating accounting transactions for multiple invoices See also Managing Assets Introduction Adding assets Getting ready How to it How it works There's more Manually entering assets Adding assets to the CIP asset Mass posting of assets Merging assets See also Adjusting assets Getting ready How to it There's more Adjusting Expense Accounts and Locations Adjusting assets categories Adjusting asset values Transferring costs Depreciating assets Getting ready How to it How it works There's more Reviewing depreciation methods Reviewing prorate conventions See also Retiring assets Getting ready How to it There's more Partial retirement Calculating gains and losses Mass retirements Reviewing asset accounting How to it How it works There's more See also Selling Items to Customers in Order Management Introduction Creating customers Getting ready How to it How it works There's more Adding a customer site Adding contacts Adding profile details Entering sales orders Getting ready How to it How it works There's more Entering orders quickly See also Adding Items to price list Getting ready How to it How it works There's more Applying a discount to the price Viewing modifiers Mass adding of Items to a price list Adjusting the price of Items See also Reviewing Order Management workflow How to it How it works There's more Transaction Types Creating Drop Ship orders How to it How it works See also Creating Back-to-Back orders How to it How it works See also Creating a return How to it See also Applying holds How to it See also Releasing orders Getting ready How to it How it works There's more Viewing the Pick Slip report See also Shipping orders Getting ready How to it How it works There's more Generated reports Creating invoices Getting ready How to it How it works See also Receiving Funds in Receivables Introduction Creating an invoice Getting ready How to it How it works There's more Generating accounting Entering Quick Transactions Entering deposits Entering a credit memo See also Adjusting invoices Getting ready How to it How it works There's more Adjusting revenue Entering receipts Getting ready How to it How it works There's more Miscellaneous receipts Reversing receipts See also Managing debt Getting ready How to it Reviewing Receivables' accounting transactions Getting ready How to it How it works See also Managing Cash Introduction Creating bank accounts Getting ready How to it There's more Creating transaction codes See also Entering bank statements Getting ready How to it How it works There's more Entering bank statements manually Reconciling bank statements Getting ready How to it How it works There's more Manual reconciliation Entering AR receipts Entering AP payments Reversing transactions See also Creating cash forecasting Getting ready How to it Reviewing accounting transactions Getting ready How to it There's more Viewing Transactions in General Ledger See also Defining Transactions for the General Ledger Introduction Defining the chart of accounts Getting ready How to it How it works There's more Entering Flexfield values Entering natural account values Setting up the ledger How to it There's more Reviewing the calendar Defining the ledger options Creating the reporting currency Assigning the Balancing Segment Values (BSV) to the ledger Defining the operating units Assigning the ledger to a responsibility Opening the first general ledger period Creating journals Defining Subledger accounting How to it How it works See also Defining E-Business Tax Getting ready How to it See also End of Period Processing Introduction Closing Payables Getting ready How to it There's more Reconciling Payables Opening the next period Closing Assets See also Closing Purchasing Getting ready How to it Ledger Index A Accounting Key Flexfield structure / General Ledgerfinancial transactions transferring process, diagramDefining the chart of accounts accounting transactions about / Reviewing accounting transactions reviewing / How to it creating / How to it viewing, in General Ledger / There's more , Viewing Transactions in General Ledger ADI about / Introduction ASN about / How it works Asset Accounting about / How toAsset Accountingabout it reviewing / How toAsset Accountingabout it working / How it works Accounting Events, reviewing / There's more asset depreciation about / Getting ready running / How to it , How it works working / How it works Straight Line (STL) method / Reviewing depreciation methods prorate conventions, reviewing / Reviewing prorate conventions asset management process, diagram / Introduction assets, adding / Adding assets assets, adjusting / Adjusting assets assets, depreciating / Depreciating assets assets, retiring / Retiring assets Asset Accounting, reviewing / Reviewing asset accounting, How toAsset Accountingabout it assets adding / Adding assets, Getting ready, How to it viewing, in Asset Workbench / How to it , How it woassetsviewing, in Asset Workbenchrks mass additions, creating / How it woassetsviewing, in Asset Workbenchrks mass additions, preparing / How it woassetsviewing, in Asset Workbenchrks post mass additions / How it woassetsviewing, in Asset Workbenchrks working / How it woassetsviewing, in Asset Workbenchrks entering, manually / Manually entering assets adding, to CIP Asset / Adding assets to the CIP asset mass posting / Mass posting of assets merging / Merging assets adjusting / Adjusting assets, Getting ready, How to it Expense Accounts and Locations, adjusting / Adjusting Expense Accounts and Locations Assets Categories, adjusting / Adjusting assets categories Asset values, adjusting / Adjusting asset values Costs, transferring / Transferring costs, Depreciating assets depreciating / Getting ready retiring / Retiring assets, How to it , There's more partial retirement / Partial retirement, Caassetspartial retirementlculating gains and losses gains, calculating / Caassetspartial retirementlculating gains and losses, Massassetsgains, calculatingassetslosses, calculating retirements losses, calculating / Caassetspartial retirementlculating gains and losses, Massassetsgains, calculatingassetslosses, calculating retirements mass retirements / Massassetsgains, calculatingassetslosses, calculating retirements Attachments tab / How to it B Back to Back Orders creating / How to it working / How it works bank accounts about / Creating bank accounts creating / Getting ready, How to it Transaction Codes, creating / Creating transaction codes bank statements entering, in open interface tables / Getting ready, How to it , See also working / How it works entering, manually / Entering bank statements manually reconciling / Reconciling bank statements, How to it cash management reconciliation options , working / How it works manual reconciliation / Manual reconciliation AR Receipts, entering / Entering AR receipts AP Payments, entering / Entering AP payments transactions, reversing / Reversing transactions BPA / There's more using / Using Blanket Purchase Agreements (BPA) C cash forecasting about / Creating cash forecasting inflow sources / Creating cash forecasting outflow sources / Creating cash forecasting creating / Getting ready, How to it cash management process, diagram / Introduction Bank Accounts, creating / Creating bank accounts bank statements, entering / Entering bank statements bank statements, reconciling / Reconciling bank statements cash forecasting, creating / Creating cash forecasting accounting transactions, reviewing / Reviewing accounting transactions Chart of Accounts defining / General Ledgerfinancial transactions transferring process, diagramDefining the chart of accounts, Getting ready, How to it working / How it works Flexfield Values, entering / Entering Flexfield values, EnteringChart of AccountsFlexfield Values, entering natural account values Natural Accounts Values, entering / EnteringChart of AccountsFlexfield Values, entering natural account values, Chart of AccountsNatural Accounts Values, enteringSetting up the ledger CPA / There's more using / Using Contract Purchase Agreements (CPAs) credit memos about / prepaymentquick invoice, enteringinvoiceprepayment, applyingEntering credit memos entering / Getting ready entering, steps / How to it , Applying holds to ancredit memosentering, steps invoice CTO about / How it works Ctrl+F11 key / Caassetspartial retirementlculating gains and losses customers creating / Order Managementcustomers, creatingcustomerscreatingGetting ready, How to it TCA, using / How it works site, adding / Adding a customer site contacts, adding / Adding contacts profile details, adding / Adding profile details, Enteringcustomersprofile details, adding sales orders D debt managing / Managing debt, How to it Details button / Creating catalogItemsvalues, viewing in structures Distribution button / Miscellaneous receipts Drop Ship Orders about / Creating Drop Ship orders creating / How to it working / How it works , See alsoDrop Ship OrdersworkingDrop Ship Ordersworking E EBTAX about / Defining E-Business Tax defining, steps / Defining E-Business Tax, How to it Tax Regime, creating / How to it Tax Status, creating / How to it Tax Rate, creating / How to it Tax Jurisdiction, creating / How to it Tax Accounts, creating / How to it Default Rules, creating / How to it tax rule defaults, entering / How to it Payables Invoice, creating / How to it Edit Information button / Viewing the Item Categories structure F Flexfield Qualifiers button / How to it G General Ledger about / Introduction, Closinventoryclosinging the General Ledger financial transactions transferring process, diagram / Introduction, General Ledgerfinancial transactions transferring process, diagramDefining the chart of accounts closing / Gettperiod end processGeneral Ledger, closinging ready, How to it , See alGeneral Ledgerclosingso H History tab / How to it holds applying, to invoice / Applying holds to ancredit memosentering, steps invoice, How to it , Hholdsapplying, to invoiceinvoiceholds, applyingow it works , There's more invoice management holds, reviewing / Reviewing invoice management holds , holdsinvoice management holds, reviewinginvoicemanagement holds, reviewinginvoice management holds, reviewingCanceling an invoice Holds applying / How to it I inventory closing / inventoryclosingperiod end processinventory, closingGetting ready, How to it , Closinventoryclosinging the General Ledger invoice prepayment, applying / quick invoiceentering, for prepaymentprepaymentquick invoice, enteringApplying a prepayment to an invoice, prepaymentquick invoice, enteringinvoiceprepayment, applyingEntering credit memos holds, applying / Applying holds to ancredit memosentering, steps invoice, How to it , Hholdsapplying, to invoiceinvoiceholds, applyingow it works , There's more management holds, reviewing / Reviewing invoice management holds , holdsinvoice management holds, reviewinginvoicemanagement holds, reviewinginvoice management holds, reviewingCanceling an invoice cancelling / holdsinvoice management holds, reviewinginvoicemanagement holds, reviewinginvoice management holds, reviewingCanceling an invoice cancelling, steps / How to it , invoicecancelling, stepsPaying invoices paying / invoicecancelling, stepsPaying invoices paying, steps / How to it paying, working / How it works Invoice about / Oracle Receivablesexample, processCreating an invoice creating / Getting ready, How to it working / How it works setting, reviewing / How it works accounting transactions, generating / Generating accounting, EnteriInvoiceaccounting transactions, generatingng Quick Transactions Quick Transactions, entering / EnteriInvoiceaccounting transactions, generatingng Quick Transactions Deposits, entering / Entering deposits Credit Memo, entering / Entering a credit memo, AdjustinInvoiceCredit Memo, enteringg invoices adjusting / AdjustinInvoiceCredit Memo, enteringg invoices Invoice, adjusting about / Getting ready steps / How to it working / How it works , There's more Revenue, adjusting / Adjusting revenue Invoice Details button / How to it invoice management holds, reviewing / Reviewing invoice management holds , holdsinvoice management holds, reviewinginvoicemanagement holds, reviewinginvoice management holds, reviewingCanceling an invoice invoices entering / Entering invoices entering, steps / How to it , How invoicesentering, stepsit works working / How invoicesentering, stepsit works , See ainvoicesworkinglso Item attributes about / How to Item attributesaboutdo it exploring / How to Item attributesaboutdo it Item Controls about / Exploring Item controls exploring / Getting ready, How to it subinventories, using / Storing Items by Subinventories stock locators, using / Storing Items by locators, Identifying Items by lot controItem Controlsstock locators, usingl Items creating, process diagram / Introduction creating, steps / Creating Items, How to it assigning, to inventory organizations / Assigning Items to inventory organizations assigning, to categories / Assigning Items to categories, See alsItemsassigning, to categorieso creating / Creating an Item and applying the template to the Item template, applying to / Creating an Item and applying the template to the Item identifying, by Lot Control / Identifying Items by lot controItem Controlsstock locators, usingl tracking, Serial Control used / Tracking Items using serial control controlling, revisions used / Controlling Items using revisions, Itemscontrolling, revisions usedAdjusting Items in Inventory adjusting, in Inventory / How to it , TherItemsadjusting, in Inventorye's more searching, for in Inventory / Searching for Items classifying / Classifying Items, How to it , How it woItemsclassifyingrks working / How it woItemsclassifyingrks Categories structure, viewing / Viewing the Item Categories structure values, viewing in structure / Viewing the values in the structure, Creating catalogItemsvalues, viewing in structures Catalogs, creating / Creating catalogItemsvalues, viewing in structures Catalog Description, assigning to / Assigning a catalog description to an Item searching, catalog attributes used / Searching for Items using catalog attributes about / Receiving Items receiving / How to it Express Receiving, using / Express Receiving returning / Returning Items receipts, correcting / Correcting receipts receipts, viewing / Viewing receipts Receiving Options, reviewing / Reviewing receiving options adding, to price list / Getting ready Items, adding to price list steps / How to it , How it works working / How it works discount to the price, applying / Applying a discount to the price modifiers, viewing / Viewing modifiers mass adding / Mass adding of Items to a price list price, adjusting / Adjusting the price of Items Items, creating process, diagram / Introduction about / Creating Items steps / Getting ready, How to it attributes / TheItems, creatingattributesre's more Item Search form / Searching for Items using catalog attributes Item templates about / Creating Item templates creating / How to it working / How it works overwrite choice / How it works Append choice / How it works Overwrite Not Null choice / How it works amending / Amending the template L ledger Chart of Accounts / Chart of AccountsNatural Accounts Values, enteringSetting up the ledger Accounting Calendar / Chart of AccountsNatural Accounts Values, enteringSetting up the ledger Currencies / Chart of AccountsNatural Accounts Values, enteringSetting up the ledger Subledger Accounting Method / Chart of AccountsNatural Accounts Values, enteringSetting up the ledger setting up, steps / How to it , Theledgersetting up, stepsre's more , Reviewing the calendar, Defining the ledger options, Creating the reporting currency, Assigning the Balancing Segment Values (BSV) to the ledger, Defining the operating units, Assigning the ledger to a responsibility, Opening the first general ledger period, Creating journals Calendar, reviewing / Reviewing the calendar Ledger Options, defining / Defining the ledger options Reporting Currency, creating / Creating the reporting currency BSV, assigning to / Assigning the Balancing Segment Values (BSV) to the ledger Operating Units, defining / Defining the operating units assigning, to responsibility / Assigning the ledger to a responsibility first General Ledger Period / Opening the first general ledger period Journals, creating / Creating journals Subledger Accounting, defining / Defining Subledger accounting Locator button / Storing Items by locators N Non-Catalog Request link / How to it O Oracle Receivables about / Introduction example, process / Introduction, Oracle Receivablesexample, processCreating an invoice Order Management process diagram / Introduction customers, creating / Order Managementcustomers, creatingcustomerscreatingGetting ready Sales Order, entering / Enteringcustomersprofile details, adding sales orders Items, adding to price list / Getting ready workflow, reviewing / Reviewing Order Management workflow Drop Ship Orders, creating / Creating Drop Ship orders Back to Back Orders, creating / Creating Back-to-Back orders Return, creating / Creating a return Holds, applying / How to it orders, releasing / Releasing orders orders, shipping / ShordersPick Slip Report, viewingipping orders, Getting ready, How to it , How it works Ship Confirm window / How it works generated reports / Generated reports Invoices, creating / Creating invoices, How to it working / How it works Order Management tab / How to Item attributesaboutdo it Order Management workflow reviewing / How to it working / How it works Transaction Types, reviewing / Transaction Types orders releasing / How to it release program, working / How it works one-step process / How it works two-step process / How it works three-step process / How it works Pick Slip Report, viewing / Viewing the Pick Slip report, ShordersPick Slip Report, viewingipping orders P payables closing / Closing Payables, How to it reconciling / Reconciling Payables Next Period, opening / Opening the next period assets, closing / Closing Assets payables accounting transactions about / Reviewing payables accounting transactions transferring, to general ledger / How to it working / How it works , There's more creating, for multiple invoices / Creating accounting transactions for multiple invoices payment voiding / Voiding a paypayment process templatescheduled payment, creatingment voiding, steps / How to it , There's more stopping / Stopping a payment payment process template creating / Creating a payment process template creating, steps / How to it scheduled payment, creating / Creating a scheduled payment, Voiding a paypayment process templatescheduled payment, creatingment period end process diagram / Introduction payables, closing / Closing Payables purchasing, closing / Closing Purchasing receivables, closing / CpurchasingReceipt Accruals - Period-End report, workinglosing Receivables inventory, closing / inventoryclosingperiod end processinventory, closingGetting ready General Ledger, closing / Gettperiod end processGeneral Ledger, closinging ready Preferences link / Accounting codes prepayment entering / Entering a prepayment entering, steps / How to it quick invoice, entering / Entering a quick invoice for a prepayment, quick invoiceentering, for prepaymentprepaymentquick invoice, enteringApplying a prepayment to an invoice, prepaymentquick invoice, enteringinvoiceprepayment, applyingEntering credit memos Procurement Accounting Transactions about / Reviewing procurement accounting transactions reviewing / How to it Inventory Account, receiving / The Receiving Inventory Account Inventory AP Accrual Account / Inventory AP Accrual Account Expense AP Accrual Account / Expense AP Accrual Account Material Cost Account / Material Cost Account PO Distribution Charge Account / PO Distribution Charge Account Financial Options / Financial options working / See also procurement process diagram / Introduction Purchase Order (PO) / Getting ready purchase orders about / Creating purchase orders creating / Getting ready, How to it Agreement in iProcurement, viewing / Viewing the agreement in iProcurement Contract in iProcurement / Using the contract in iProcurement Purchasing Options, reviewing / Reviewing the purchasing options approving / Approving purchase orders and agreements agreements, reviewing / Approving purchase orders and agreements purchasing closing / Closing Purchasing, How to it Receipt Accruals - Period-End report, working / How it works , CpurchasingReceipt Accruals - Period-End report, workinglosing Receivables Q quick invoice entering, for prepayment / Entering a quick invoice for a prepayment, quick invoiceentering, for prepaymentprepaymentquick invoice, enteringApplying a prepayment to an invoice R Receipt History button / SeReceipt History buttone also Receipts entering / Getting ready, How to it , How it works working / How it works miscellaneous receipts / Miscellaneous receipts , Reversing receipts reversing / Reversing receipts, SeReceipt History buttone also Receivables closing / GReceivablesclosingetting ready, How to it Order Management, closing / Closing Order Management, ClReceivablesOrder Management, closingosing Inventory Receivables Accounting Transactions reviewing / Reviewing Receivables' accounting transactions, How to it , Receivables Accounting TransactionsreviewingHow it works working / Receivables Accounting TransactionsreviewingHow it works , SReceivables Accounting Transactionsworkingee also requisition about / Approving requisitions approving / Getting ready, How to it working / How it works employee setup, reviewing / Reviewing the employee setup Position Hierarchy, reviewing / Reviewing the Position Hierarchy Document Types, reviewing / Reviewing the document types Approval Groups, reviewing / Reviewing the approval groups, Reviewing the approvals assignment Requisitions for Items raising / Raising requisitions for Items, How to it working / How it works smart forms / Smart forms accounting codes / Accounting codes requisition, copying / Copying a requisition requisition, correcting / Correcting a requisition requisition, cancelling / Canceling a requisition Return creating / Creating a return, How to it , See also RFQ / Introduction S Sales Order about / Enteringcustomersprofile details, adding sales orders entering / How to it working / How it works , Entering orderSales Orderworkings quickly entering quickly / Entering orderSales Orderworkings quickly, Adding Items toSales Orderentering quickly price list segments / How it works Serial button / How to it Shipping Transactions window / How to it Subledger Accounting about / Defining Subledger accounting completing, steps / How to it Journal Line Types, creating / How to it Application Accounting Definitions, setting up / How to it Payables Invoice, creating / How to it working / How it works , See alsSubledger Accountingworkingo Suppliers about / Creating suppliers creating / Getting ready, How to it working / How it works header, section / How it works Contact, creating / Creating a contact Bank Account , creating / Creating a bank account Accounting details, reviewing / Reviewing the accounting details Purchasing options, reviewing / Reviewing the purchasing options Receiving options, setting / Setting the receiving options Payment details, setting / Setting the payment details T Tab key / How to it TCA about / How it works Transaction Codes about / Creating transaction codes creating / Creating transaction codes U Unit of Measure (UOM) / How to Item attributesaboutdo it Update Description button / Assigning a catalog description to an Item V Values at Close button / How to it Value Set button / Viewing the Item Categories structure View Transaction button / There's more ... creating the Item Once complete, a message is sent to the Item Requester The Item Requester reviews the Item setup on the system Let's look at how Items are created and explore the underlying concepts... master data) to create the Item The message could be sent by fax, e- mail, and so on The Master Data Manager reviews the form and enters the details of the Item into Oracle E- Business Suite by creating... case of brief quotations embedded in critical articles or reviews Every effort has been made in the preparation of this book to ensure the accuracy of the information presented However, the information