r12 financial new features

8/2/2019 R12 Financial New Features

1/19

R12 Financials New Features


2/19

Financials New Features 11.5.9 12.1.3This new features overview presentation communicates informationabout new or changed financial functionality to the 11i10 - 12.1.3range of releases for the Oracle E-Business Suite

Financial Modules Included:

o Oracle Receivables

o Oracle Cash Management

o Oracle Payables (inc. Oracle Payments New Product)

o Oracle Assetso Oracle iAssets

o Oracle General Ledger

o Oracle Internet Expenses

o Oracle Enterprise Planning & Budgeting

o Oracle Subledger Accounting new product

o Oracle E-Business Tax new product

o Legal and Regulatory Updates

o Daily Business Intelligence for Compliance

o Daily Business Intelligence for Financials

2


3/19

New FeaturesOracle Receivables

11.5.10 Features

Allocate Transactional Data to Sales Groups

Deductions Management Enhancements

Deposit API

Enhanced Returns, Cancellations, and other Credit Activities

Invoice Creation API

Leveraging Oracle Approvals Management (AME) in Credit Memo Workflow

Multiple Prepayment Types

Release Content Document

Receipt to Receipt Applications

GL Transfer Program Controls for Business Users

Deposit Application

Invoice API Enhancement

Bank Account Function Security Enhancements

Customer Credit Classifications

User Interface Enhancements

3


4/19

New FeaturesOracle Receivables cont.

R12 Features

Partial Period Revenue Recognition

Revenue Deferral Reasons

COGS and Revenue Matching

Enhanced Payment-Based Revenue Recognition

Line Level Cash Applications

Funds Capture Enhancements Uptake

Refunds Enhancements

Credit Card Error Handling

Credit Card Chargebacks

Open Receipt Defaulting Option

Claim Information Sharing

Balance Forward Billing

Late Charges

Customer Standard User Interface Redesign

E-Business Tax

4


5/19

New FeaturesOracle Receivables cont.

R12 Features cont.

Legal Entities

Subledger Accounting

Receivables Reconciliation Enhancements

Receivables Reconciliation Enhancements

Additional Bills Receivable Reference Field

Collections Workbench Obsolescence

Bills of Exchange Obsolescence

Trade Accounting Obsolescence

AP/AR Netting

Cash Application Work Queue

Enhanced Line Level Cash Application Enhanced Performance for High Volume Receivables Processing

Business Intelligence Publisher Support for Selected Receivables Reports

Default Customer Bank Account Information on Unidentified Receipts

Enhanced Aging Report to Support Multi-Fund Accounts Receivable

5


6/19

New FeaturesOracle Cash Management

11.5.10 Features

Cash Positioning

Cash Forecasting

Bank Purging Program

Cash Positioning Enhancements

Cash Forecasting By Transaction Currency

Cash Forecasting Temporary Labor and Fixed Price Services

Batches Available for Reconciliation Report

6


7/19

New FeaturesOracle Cash Management cont.

R12 Features

Bank Account Model

Multi-Org Access Control


Bank Account Balances and Interest Calculation

Bank Account Transfers

Cash Pooling

Self-Initiated Physical Cash Pools

Bank-Initiated Physical Cash Pools, or Zero Balance Accounts (ZBAs)

Notional Cash Pools

Bank Statement Accounting

Bank Account Signing Authorities

Cash Positioning Intra-day Activities

7


8/19

New FeaturesOracle Cash Management cont.

R12 Features cont.

International Bank Account Number (IBAN) Supp

Bank Identifier Code (BIC) Support

Payment Group based Bank Statement Reconciliation

Option to Override Country Specific Validation for Bank Accounts

EDIFACT Bank Statement Format Update

Copy Bank Transaction Codes

Load Bank Statements for the Current Day

Manual Entry in Cash Position

8


9/19

New FeaturesOracle Accounts Payable

11.5.10 Features

Enhanced Matching Controls for Oracle iSupplier Portal

Invoice Approval Workflow Resubmission Enhancement

Supplier Bank Account Update Enhancements

Supplier Site Contact Enhancements

Amount Based Matching

Retroactive Pricing of Purchase Orders Support

Gapless Invoice Numbering for Self-Billing Invoices

Invoice Attachments in Oracle iSupplier Portal

Enhanced Purchase Order Number Display in Oracle iSupplier Portal

Supplier Site Attachments

Supplier Open Interface

Payables Accounting Entries Program and Report Enhancements

Exclude Tax from Discount Calculation Enhancement

Invoice Validation Concurrent Processing

User Interface Enhancements in Major Transaction Windows

Bank Account Function Security Enhancements

9


10/19

New FeaturesOracle Accounts Payable cont.

R12 Features

Legal Entity

Multi-Org Access Control

Representation of Suppliers in the Trading CommunityArchitecture (TCA)

New User Interface for Supplier Entry and Maintenance

Supplier Bank Accounts

Introduction of Invoice Lines

Invoice Processing for Contract Financing, Retainage, andProgress Terms

Financing: Advances and Progressive Contract Financing

Retainage and Retainage Release

Invoices for Progress

Enhanced Invoice Approval Includes Line Level Approval

Non PO Invoices Entered via iSupplier Portal

Collaboration with Suppliers to Resolve Disputes

Oracle E-Business Disbursement Requests

Enhancements to Payment Banks, Branches, and Accounts

10


11/19


R12 Features cont.

Toolset for the Payment Manager

More Robust and Flexible Payment Processing Engine

Accounts Receivable / Accounts Payable Netting

Discount Calculation Enhancements

Supplier Dispute Processing

Third Party Payments

Business Intelligence Publisher Support for Selected Payable Reports

Replace Supplier Bank Accounts on Invoices

Change Taxes from Inclusive to Exclusive Online

Oracle Payments R12 New Product

Advanced and Highly Configurable Formatting Framework

Flexible Validation Model

Secure Payment Data Repository

Improved Electronic Transmission Capability

Flexible Support for Various Business Payment Models

11


12/19


Oracle Payments R12 cont.

Enhanced Disbursement Process

Enhanced Electronic Payment Processing

Configurability

Payment Processing User Interface

Enhanced Check Printing Process

Migration of Global Features to Central Engine

Consolidation of Payment Formats

Improved Remittance Advice Reporting

Funds Capture Enhanced Configurability

Improved Support for Credit Card Security Features

Enhanced Payment Processing User Interface

PINless Debit Card Transaction Support

Improved Payer Notification of Settlement

Direct Debit Enhancements

Improved Batch Settlement Performance

12


13/19

New FeaturesOracle General Ledger

11.5.10 Features

Interface Data Transformer

Open Integration with External Processing

XBRL Financial Reporting

Currency Rates Manager

Secondary Tracking Segment

MRC Revaluation Against Primary Currency

Multilingual Support For FSG Amount Types

FSG Reports Name Display in Concurrent Manager

Continue Step-Down Allocation Option

Open Period/Posting/Translation/Summary Accounts Program Compatibility

Among Sets of Books

Journal Import Group By Effective Dates

Presentation Quality FSG Reports Using XML Publisher

Journal Import SRS Program

Streamlined Core Oracle Financials Workbenches

13


14/19

New FeaturesOracle General Ledger cont.

R12 Features

Simultaneous Accounting for Multiple Reporting Requirements

Centralized Accounting Setup

Enhanced Reporting Currency Functionality

Simultaneous Data Access to Multiple Legal Entities and

Ledgers

Simultaneous Opening and Closing of Periods for Multiple Ledgers

Cross-Ledger and Foreign Currency Allocations

Simultaneous Currency Translation of Multiple Ledgers

Financial Reporting Across Ledgers

Automatic Journal Copy

Streamline Automatic Posting

Streamline AutoReversal Criteria Setup

Streamline Consolidation Mappings

Replacement for Disabled Accounts

14


15/19


R12 Features cont.

Data Security across Legal Entities and Ledgers

Management Reporting Security

Prevent Reversal of Journals with Frozen Sources

Prevent Reversal of Unposted Journals

Control Accounts

Definition and Setup Security

Accounting and Reporting Sequencing

Journal Line Reconciliation

Intercompany Balancing Support for Encumbrances

New iSetup APIs

Integration with Subledger Accounting

Enhanced Intercompany

Account Analysis and Drilldown

GL Standard Reports Integration With XML Publisher

15


16/19


R12 Features cont.

Enhanced Financial Statement Generator Reporting to Display Content Set Values

Enhanced Financial Statement Generator Reporting to Support Drill-down for Non-

Contiguous Account Ranges

Streamlined Excel-based Financial Statement Publishing

Synchronise Reversing Journals between Primary and Secondary Ledgers

Limit Accounts in Budget Wizard

16


17/19

New FeaturesOracle Assets

11.5.10 Features

Group Depreciation

Retirement Notification

Mass Property

Mass External Transfers

Enhanced Depreciation Override

Business Events

Enhanced What-If Analysis in Multiple Reporting Currencies (MRC)

Asset Trace Utility

Group Asset Security

Support for CIP Assets in Groups

Enhanced Asset Inquiry

17


18/19

New FeaturesOracle Assets

R12 Features


Enhanced Mass Additions Interface for Legacy Conversions

Automatic Preparation of Mass Additions

Flexible Reporting using XML Publisher

Automatic Depreciation Rollback

Enhanced Logging for Asset Transactions and Programs

18


19/19

New FeaturesOracle iAssets

11.5.10 Features

Asset Inquiry

Self-Service Asset Transfer

Cost Centre-Based Approval

Management Hierarchy-Based Approval

Delegated Authority

Multi-way Request Generation

Segment Level Security

19

r12 financial new features

Documents