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130: What Are The Key Flexfields That Are Only Used in Oracle Applications by The Accounting Flexfield and No Other Flexfield?

1. When patching Oracle E-Business Suite applications, it is important to follow the correct sequence depending on the release number. For release 11i, patching must start on the node where the administration server is located. 2. In release R12, there is no longer a concept of an administration server and patching can be done from any application tier node. 3. When performing a shared application tier installation of Oracle E-Business Suite with multiple nodes, it is required to run the autoconfig process on each node in order to update the configuration files in all instance homes.

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Vidhi Sethi
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120 views

130: What Are The Key Flexfields That Are Only Used in Oracle Applications by The Accounting Flexfield and No Other Flexfield?

1. When patching Oracle E-Business Suite applications, it is important to follow the correct sequence depending on the release number. For release 11i, patching must start on the node where the administration server is located. 2. In release R12, there is no longer a concept of an administration server and patching can be done from any application tier node. 3. When performing a shared application tier installation of Oracle E-Business Suite with multiple nodes, it is required to run the autoconfig process on each node in order to update the configuration files in all instance homes.

Uploaded by

Vidhi Sethi
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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In this case you have to apply patches on every application node.

Also the answer depends on EBS


release number. If it’s 11i, then you have to start patching from node where administration server is
located. Reason for that – adpatch runs database part of unified driver only on node where
administration server is located.
Release R12 eliminated need for DBAs to pay attention at patching sequence. Here is quote from
R12 concepts: “There is no concept of an Administration server in Release 12. By default, patching
can be undertaken from any application tier node.”

Q. Is it required to run autoconfig on all nodes in case of Shared Application Tier multi-node
installation?
Yes. All configuration files created by AutoConfig are stored under the Instance Home. So to update
all Instance Homes it’s required to run autoconfig on each node.

130: What are the key flexfields that are only used in Oracle Applications by the
Accounting flexfield and no other flexfield?
Answer:
The key flexfields are
a) parent,
b) rollup group,
c) hierarchy level, and
d) segment qualifier information.10
149: What are the seeded business events in the General Ledger?
Answer:
The seeded business events are:
a) Period Re-opened,
b) Journal Import Completed,
c) Account Disabled,
d) Period Opened,
e) Period Closed,
f) Journal Import Started,
g) Posting Completed,
h) Secondary Ledger Deleted,
i) Reporting Currency Deleted, and
j) Accounting Setup Completed.

Accounting setup manager- for general ledger, calender and subleadger.

Used fusion subledger accounting feature and fusion GL to account transactions in differenet
accounting methods (US gaap, ifrs, uk gaap.)
Used role based access control (RBAC) – for fraud –
Multi balancing segment feature of GL for satify requirements. Make line of business cOA
structures
In configuration phase, we enabled fusion financials and fusion accouting hub offering for
implementation.
Log in implementation manager (Application user)
Important points while configure offering:-
1. Provisioned :-
2. Revisit offering page:- enabled only core financial offering and accouting hub offering.
Task status- task owner updated the status of task (in progress, errors, completed)
Task manage currencies.

Import and export data:- every implementation plan need to move data from one instance to
another..f.g you want to move the final configuration from UAT to production instance upon
sign-off from business users. – this feature – manage configuration package page- manage
import and export page.

High level import export:- adding a new offering or enhancing or modififying the existing
offering.

Once configuration is ready then it is ready to move from source to target.

1. Identify a need of requirement


2. Make set up change using fsm
3. Validate and test transcations.
4. Create configuration package.

Configuration packeage file generated


Review comparison report
Perform pre-import manual tasks.
Import setup data
Run import process.
Perform trasactions.

Create a configuration packager:-


1. Export task only
2. Export both task list and setup data( business objects)
3. Review alter import sequence _ we load dependencies for successful import.
4. We select which business objects needed to be excluded ( by default all get exported)

Compare configuration package in target instance – comparison page opens.(under


setup and maintence page) .
Mismatch (source 1, source2 , both)
Implementation process per offering.- easy for export and import.

Us companies need to pay corporation tax or company tax on the earning and report
the financial figures to the international revenue services. We capture this reporting
need as a legal reporting unit.
Legal registration report
Produce consolidated quarterly and yearly financial statements for shareholders. CITI
group has complex consolidation requirement as it needs aggregate balances across
different legal entities operating in different currencies. – based on localized statutory
and tax compliance. However, consolidation is done on centralized location using global
chart account structure. Also, we provide financial reporting at balance sheet level,
profit and loss level at both the legal entity level and line of business level.

Broker/dealer line of business


Banking/lending line of business
Legal entity and immediate finance.
Commercial finance

Us operationg companies calender year – jan – dec


GAAP ( generally accepted accouting principles.)

Chart of account with two balanceing segments (primary and secondary) – this feature
provide trial balance on both company and line of business.

We have decided to create secondary ledger for UK ledger instead of report currency
for these reasons. – calendar is jan –dec (13 period ) GBP currency.
Financial reporting studio

Account monitor:- monitor changes of the key account. – year by year


OTBI reports (oracle bi administration tool)
Schedule reports
Because secondary ledger allows us to have a us gaap accounting representation which
is different from primary ledger UK gaap accouting.- secondary ledger allows us to do
adjustments enteries and rebook journals in the US Gaap representation for better
auditing and tracebility.

Xxfa_fin_ gl_ implementation_Consultant application user.


Geographical structures are used for e-tax

Balancing segment label, natural account, intercompany label, cost center segment.

Segment :- company – primary balancing,


secondary balancing (LOB)
Cost center:- the destination of expense.
Account – natural account – account typese:- asset, libility, expense, revenue or equity.
Intercompany
Spare.

LOB hierarchy
lOB ->international market ->security trading and brokerage->

design numberic codes for Child hirerciy –company codes for COA (01,02)
parent (US an uk ) letter

Accounting method builder

SLA is a common rule-based accounting engine used by Oracle products that posts
accounting entries into Oracle General Ledger. Rules are user defined, and reside in a
common repository for all subledgerapplications such as Oracle Cost Management.
\

Oracle Financials Accounting Hub (FAH) allows you to efficiently create detailed,
auditable, reconcilable accounting from a variety of source systems. It includes
an accounting transformation engine with extensive validations plus accounting and
rules repositories.

Worked on account analysis report, general ledger account details, Average balance audit
analysis reports.

Journal reports, balance reports. COA reports.


Spreadsheet integration, multidimential essbase analytics, Dashboard (Oracle Financial
Reporting Studio
(

worked on primary secondary and reporting ledgers.

The core area of responsibilities are to support oracle ebusiness general ledger/subledger
modules and FAH.
I work on creating ad-hoc, daily, quarterly, annual reports for auditing, internal control, IFRS, US
GAAP and other global accouting methods like UK GAAP.
I have worked several upgreade of oracle r12, 11i in the past collaborated with auxillary teams:-
management/users to gather requirements, oracle teams to understand the enhancements and its
impact (documented BRD, FRD and playbook for the each team involved)..
Worked on load management while transferring accouting event through FAH – on the servers
and oracle database server, essbase oracle hyperion for reporting.
Worked on task managements and status updates.

Created account analysis report, general ledger account details, Average balance audit analysis
reports for end users.

 Build a general ledger and financial statement system that complied with new accounting
standards.

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