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Wallace Bartlett

Sr. Solutions Architect

Wallace has been working with Oracle applications for nearly 20 years implementing domestic and international projects in roles from consultant to Director/Solution Architect. He has participated in implementation/upgrade, project oversight, pre-sales, and large complex process improvement efforts. Experience includes project and managerial accounting operations, financial planning & budgeting, payables and billing. His Oracle experience includes Project Accounting suite, Financials and process improvement within numerous industries. The list includes Professional Services, Manufacturing, Mining, Financial Services and Business Services, Communications and Media, and Automotive.

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Oracle Cloud PPM Rapid Install – “Why Bother?”

Introduction In this installment, I will discuss a few key takeaways of the PPM Rapid Install sheet. The PPM Rapid Installation is very helpful in getting an environment up very quickly. It also provides a structure in capturing configuration data. Depending on which features are suited, and selected, for your company, the sheet will enable […]

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Invoice formats- Oracle Projects Considerations Part 7

What is a Project Billing Invoice Format? The Oracle projects billing invoice formats determine how invoice lines can be displayed on invoices. Implementers define the width of columns and different data types to appear. Invoice formats also allow free-form text. These details are used in Receivables for invoice accounting and presentment to the customer. Are […]

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Project Statuses-Oracle Projects Considerations Part 8

What Are Project Statuses? Statuses can control the “life-cycles” of projects, project resource requirements, and people. New statuses can be created for the above objects. Out of the Box Project Statuses Project Statuses include predefined statuses for the following objects: Projects – a project’s current state, for example Open, Closed, or Approved Requirements – The […]

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You Want to Know Why the Oracle Asset and Asset Lines Look “off”?

Users ask, “Why do the asset and lines coming into Assets from Projects look off?” The straightforward answer is the screen layout is confusing. After Projects interfaces summarized asset lines to Assets, the Assets team must analyze and then post asset costs. A question we’re faced with at some point in every project where PPM […]

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Cloud PPM Expenditure Type Setup via Spreadsheet

When uploading expenditure types using the Rapid Install spreadsheet I came across a few things that weren’t clearly documented. 1. If an expenditure type requires multiple Expenditure Type Classes be aware that you can upload only ONE unique expenditure type at a time. For example, the Expenditure Type “Hourly Labor” requires Straight time and Overtime […]

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The Minimum Oracle Cloud Project Contracts Setup

Differences exist between Cloud Project Billing and EBS Project Billing. Using Oracle Cloud Project Contracts exclusively is one of the differences. In EBS “Project Funding” we create an approved revenue budget, baseline it, setup the agreement and lastly fund the project/task. Utilizing Oracle cloud project contracts raises questions of how the former “funding” is achieved […]

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How to Account for Project Revenue and Invoices in Oracle Cloud PPM

When generating revenue and invoices from Projects in Oracle Cloud PPM, revenue is transferred to the general ledger, but, the invoice information is sent to receivables. This might cause issues in accounting if not paying attention during configuration. We will look at how we got here. In most cases, setup is a straight forward SLA […]

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Expenditure Types – Oracle Projects Considerations Part 6

In Part 5 of my blog post series, I discussed Project Billing Methods. In this post, I will focus on Expenditure Types. What are Expenditure Types? An expenditure type is a cost classification assigned to each expenditure item you enter in Oracle Projects. They are made up of the following elements: - An (a) expenditure […]

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Projects and Capitalized Assets – Better Together at #C18LV

How confident are you that you have the complete cost of a project related asset? Many believe that once an asset is placed in service that is the end of the story. However, there is more to the Oracle Project and Oracle Assets relationship after capitalization. Projects and capitalized assets together give managers accurate and […]

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What is Project Type Class? Oracle Projects Considerations Part 2

In Part 1 of my Oracle Projects Considerations series, I discussed Project Centric vs. GL Centric. This post, Part 2, will cover Project Type Classes. The three Project Type Classes seeded within Projects are: Capital Contract Indirect They drive how Project Types will collect and track expenditures on projects. The Capital Project Type Class collects […]

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“Are We Project Centric?” Oracle Projects Considerations Part 1

A cornerstone of Oracle Projects Implementation Consideration is, “Are we a project-centric or GL-centric organization?” Companies sometimes believe they are project centric when they aren’t. The following is a guide to assist in this decision. Key Characteristics of a Project-centric Company Simply stated, a project-centric company requires EVERY exempt and non-exempt employee to enter time […]

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How Do Oracle Projects and Assets Work Together?

Many believe that once an asset is placed in service that is the end of the story. However, there is more to the Oracle Project and Oracle Assets relationship after capitalization. A project can hang around until the asset is retired to capture the retirement costs, resulting in the full cradle-to-grave cost and activity of […]

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