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Its 1099 reporting time of the year, Payables folks must report certain type of Supplier payments to the IRS. What are the key considerations to generate US 1099 in Oracle Cloud using US 1099 Report process? Oracle Cloud supports 1099 reporting by Legal Entities for a Reporting Entity. This means that reporting entity set up […]

If you have the need to defer recognition of incurred expense across multiple GL periods, you can use the Multiple Period Accounting (MPA) feature. Good business application scenario would be expenses incurred for a yearly subscription for a software license, semiannual contract for janitorial services, rental lease paid in advance, etc. Oracle MPA supports PO […]