Scribd Logo
Upload

Welcome to Scribd!

  • 289 views

    Oracle AGIS - Intercompany

    Uploaded by

    Amit
    This document discusses Oracle's Advance Global Inter-Company System (AGIS) for managing intercompany transactions between different business units within a company. AGIS allows for centralized setup of intercompany transactions, shared services, multi-source transactions, and recipient entity approval. It also facilitates reconciliation by ensuring all intercompany transactions have matching entries and that balances in general ledgers and subledgers are accurate between business units. Key areas like taxation, debit/credit memos, and period/transaction-based controls are integrated.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Oracle AGIS - Intercompany

    Uploaded by

    Amit
    289 views8 pages
    This document discusses Oracle's Advance Global Inter-Company System (AGIS) for managing intercompany transactions between different business units within a company. AGIS allows for centralized setup of intercompany transactions, shared services, multi-source transactions, and recipient entity approval. It also facilitates reconciliation by ensuring all intercompany transactions have matching entries and that balances in general ledgers and subledgers are accurate between business units. Key areas like taxation, debit/credit memos, and period/transaction-based controls are integrated.

    Original Description:

    Oracle

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document discusses Oracle's Advance Global Inter-Company System (AGIS) for managing intercompany transactions between different business units within a company. AGIS allows for centralized setup of intercompany transactions, shared services, multi-source transactions, and recipient entity approval. It also facilitates reconciliation by ensuring all intercompany transactions have matching entries and that balances in general ledgers and subledgers are accurate between business units. Key areas like taxation, debit/credit memos, and period/transaction-based controls are integrated.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    289 views8 pages

    Oracle AGIS - Intercompany

    Uploaded by

    Amit
    This document discusses Oracle's Advance Global Inter-Company System (AGIS) for managing intercompany transactions between different business units within a company. AGIS allows for centralized setup of intercompany transactions, shared services, multi-source transactions, and recipient entity approval. It also facilitates reconciliation by ensuring all intercompany transactions have matching entries and that balances in general ledgers and subledgers are accurate between business units. Key areas like taxation, debit/credit memos, and period/transaction-based controls are integrated.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 8

    Oracle ERP Intercompany

    Advance Global Inter - Company


    System (AGIS)

    Presented by :
    Amit Dabke, Oracle ERP Team
    Agenda
    Intercompany flow through ERP
    Accounting Flow
    Touching Key Business area
    Good Features of AGIS
    Reconciliation
    Q&A
    Intercompany Flow through ERP - Aspire Zone Foudation
    Aspire Logistics Academy Aspetar

    Supplier
    Contract Purchasing

    Accounting
    Accounting
    Payables
    Invoice & Payment

    Intercompany Transaction Intercompany Transaction

    Accounting
    Accounting Accounting
    Supervisor Approval Supervisor Approval

    Intercompany Transaction

    Accounting
    Supervisor GL GL
    Approval Accounting & Reconciliation
    Accounting & Reconciliation

    GL
    Accounting & Reconciliation

    Impact on Budget and accrual accounting No Impact on Budget but accrual accounting takes place
    Accounting Flow

    * Inter Company Receivables and Payables are control Accounts .


    Touching - Key Business area

    Key Aspects of Intercompany Transaction in ERP


    Intercompany Debit and Credit Memo
    Multi Source Transaction Entity
    Taxation
    Recipient Entity Approval
    Centralized Set Ups
    Period /Transaction based control
    Shared Services Reconciliation
    Good Features of AGIS
    Intercompany Reconciliation
    The process ensures
    All IC transactions have reciprocal transaction in partner SBU ledger.
    Looks at accounting balances in GL
    Check for match between intercompany account in trading partner SUB

    Drilldown Feature
    Balances By source and category
    Drilldown to Journals In GL
    Actual Sub-ledger Transactions if used AP and AR
    Q&A

    You might also like