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 […]
Wallace Bartlett –
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.
Blogs from this Author
“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 […]
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 […]