tactics r12 financials newfeatures v3 · pdf filebetter document delivery process including...

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R12 Financials New Features

Non Sales Pitch Version

Jude Lam

Tactics Group Incorporated

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Agenda

Ø  Global Features Ø  Technology Stack Ø  General Ledger Ø  Accounts Payable Ø  Accounts Receivable Ø  Fixed Assets Ø  Q&A

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Global Features in R12

Ø  Multiple Operating Unit Access Control (MOAC) Ø Access different operating units from the single screen Ø No need to switch Responsibility Ø Can be implemented at a later time or during the upgrade Ø Need to set the Operating Unit mode for Custom Concurrent

Program via System Administration (Not System Administrator) responsibility.

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Global Features in R12 - MOAC

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Global Features in R12 - MOAC

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Ø  Single Tax calculation engine – E-Business Tax Ø Provide flexible rule engine Ø Provide features to support VAT Ø Provide integration with third party tax engine such as Vertex Ø  Integrate with many modules including AR, AP, OM, PA, etc. Ø Not for Payroll tax

Ø  Centralized Banking Data Model Ø Consolidated AR and AP banking model Ø Use User Management module to manage access security Ø Provide tie-in with Legal Entity

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Ø  Subledger Accounting (SLA) Ø New flexible layer between Subledgers and General Ledger Ø Provide rule base engine for complex accounting needs Ø Subledger Distribution Accounts are input to SLA Ø Not necessarily a replacement with Account Generator Ø Create Accounting process and impact on custom reports

General Ledger

SubLedger Accounting

Sub-Ledger e.g. AR Distribution Accounts

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New Technology Stack in R12 Ø  Utilizing 10gR2/11g database

Ø  Virtual Private Database Ø  Security Data Vault Ø  For R12.2, need to use 11g/R2, WebLogic Server for JEE container

Ø  BI Publisher for reporting Ø  Allow one data extract with multiple presentation formats Ø  Better document delivery process including email and fax via the Bursting

engine

Ø  Expand usage of Oracle Application Framework Ø  New look and color scheme for web based forms (“Swan Interface”) Ø  Additional wizard driven screens to enhance user experience

Ø  10g Fusion Middleware and 10g Developer Suite

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New R12 Features – General Ledger Ø  Ledger/Ledger Set Concept

Ø  Ledger replaces Set of Books Ø  3 Cs (Chart of Accounts, Calendar, Currency) replaces by 3Cs plus

Subledger Accounting Method for Ledger Ø  Multiple Ledgers and Ledger Set

Ø Allows user to perform various process at the Ledger Set level, e.g. Open/Close period, Translation, Evaluation.

Ø  Access multiple ledgers from a single Responsibility via Data Access Control

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New R12 GL Features – Ledger Set


New R12 Features – General Ledger

Ø  Primary/Secondary Ledger Ø  Allow one transaction to be posted to multiple ledgers. Ø  Help support IFRS transition Ø  Secondary Ledger can use different chart of accounts structure


New R12 GL Features – Primary/ Secondary Ledger


New R12 Features – General Ledger Ø  Client ADI is gone

Ø Replaced by Web ADI for journal entry upload Ø Stylized reporting is replaced by Report Manager Ø Web ADI framework is now opened for custom development, but

need 12.1.2 (need a patch 7651091 R12.ATG_PF.B.DELTA.2 ) to do this. R12.1.3 comes seeded. The responsibility is called Desktop Integration Manager.

Ø  Other Enhancements Ø Legal Entities matters Ø More robust Inter/Intra company rule setup Ø Drilldown using OA Framework base screens Ø Secondary Tracking Segment Qualifier Ø Disabled Account Replacement


New R12 Features – Accounts Payable Ø  Invoice Line concept

Ø  Added the Invoice Line layer in AP invoice similar to the AR Invoice Line Ø  Integrate with e-Business Tax engine for use tax calculation Ø  Invoice line level approval workflow Ø  AP invoice interface didn’t change though


New R12 AP Features – Invoice Line


New R12 Features – Accounts Payable Ø  Integration with Oracle Payment for check printing

Ø  BI Publisher to generate the check, can be PDF or text file for output Ø  Use OA Framework based setup screen for Oracle Payment module

setup Ø  Provide Positive Pay integration as part of check run process including

the FTP automation


New R12 AP Features – Payment Integration


New R12 Features – Accounts Payable Ø  OA Framework Supplier Screen

Ø  All the data fields are there, but... Ø Watch out for the navigation and data entry flow may be different. Ø  Data structure is now using TCA Ø  PO_VENDORS, PO_VENDOR_SITES_ALL,

PO_VENDOR_SITE_CONTACTS are views now. Ø  Supplier Interface didn’t change though. Ø  Can be a training challenge


New R12 AP Features – Supplier Screen


New R12 Features – Accounts Payable Ø  Other Enhancements:

Ø  AR/AP Netting Ø  Customer Refund Automation support with AR. Ø  Third party payments


New R12 Features – Accounts Receivables Ø  OA Framework Customer Screen

Ø  The Professional form base customer screen is removed. Ø  So watch out if you have any Forms Personalization built for the

Professional form base screen.

Ø  Cash Application Enhancement: Ø  Cash Application Work queue - Rule base assignment engine to assign

cash receipt to different cash applicator. Ø  Line Level Cash application

Ø  Customer Refund Automation Ø Originate in AR and the transaction will flow to AP Ø Most use feature as part of the R12 upgrade


New R12 AR Features – Customer Refund


New R12 Features – Accounts Receivables Ø  Other Enhancements:

Ø  e-Business Tax integration Ø  Deferred COGS matching with Revenue (This is Cost Management

module update) Ø  Better Revenue Recognition option – Period setup enhancement Ø  Collection Workbench Ø  AR/AP Netting Ø  Credit Card integration via Oracle Payment (Similar to R11i), but it does

support CCV2 security code


New R12 Features – Fixed Assets Ø  Least change in R12 Ø  Additional data fields in Mass Addition interface table, e.g. asset life,

depreciation method, prorate convention, bonus rule ceiling, etc. Ø  Automatic depreciation rollback

Ø  New API to support Mass Addition preparation such as depreciation expense account, Asset Category code, etc. Ø  New Concurrent Program called “Prepare Mass Additions” Ø  Update the “RULES TO PREPARE MASS ADDITIONS” FA Quickcode to

disable the other two codes: Ø  USE DEFAULT (Disable this) Ø  USE CUSTOM Ø  USE CUSTOM ENERGY (Disable this) Ø  Update FA_MASSADD_PREP_CUSTOM_PKG.PREPARE_ATTRIBUTE Ø Oracle Support Note Id 558059.1 for details.


Questions & Answers


Jude Lam Email: [email protected]

Mobile: 865-300-4829

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