Oracle

The intent of this document is provide the reader with a fundamental understanding of Oracle Loans, enriched with lessons learned from actual implementations.  Matt Makowsky is an Oracle Financial Applications Consultant with 17 years experience and a Senior Solutions Architect with Perficient.   Oracle’s EBS Financials offerings include many “niche” products that are not considered “Core” […]

Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center, Inc., a legacy Oracle Hyperion Planning customer, needed to refine its finance and labor planning models, as well as provide end users a platform that was simpler and more intuitive to use, and that provided a real-time look into their budgeted bottom line throughout the […]

Turning subledger transactions into subledger journal entries is easy in the Subledger Accounting section of Oracle Cloud R11.  Users can generate accounting for legal and corporate reporting, and reconcile accounting using predefined functionalities. Users can define custom formulas and use subledger accounting rule definitions from the Manage Formulas Payables page found under Setup and Maintenance. […]

Your company decided to use a new checking account for AP payments.  Now, the new bank account needs to be added to Oracle Cloud ERP.  Where to start? Over the upcoming weeks, I will be writing about the system configurations required for adding bank accounts for use in Accounts Payable Payments in Oracle Cloud ERP. […]

When setting up data access sets (DAS) and business units (BU) in the Financials module Functional Setup Manager (FSM), the name used for each can affect performance more than one may realize. Not only is the name chosen for each important for users to be able to identify which BU or DAS to use for […]

Business leaders worldwide have reservations about their ability to successfully embrace digital transformation. The writing is on the wall, disrupt or be disrupted. However, the ability to adapt and pivot in the face of change is hindered by businesses entrenched in old systems and processes. This is a key finding of a recent study conducted by Changepoint, […]

Recently at a customer site we saw the following issue with a user trying to run a FR report. The user was unable to run a report or connect to Smart view via an Essbase connection. However, the user could enter data using planning web forms. The user was getting the following error, “Cannot open […]

We’re nominally signing up for an October 10th, 2016 class to teach Oracle Service Bus 12c: System Admin, Design & Integrate Accel Ed 1 in our offices in Houston, TX at the Galleria mall offices. What does “nominally” mean? It means that we register the class with Oracle University and if enough students sign up, I’ll teach it. If […]

A second part of the Receivables work area deals with Accounts Receivable.  Users can easily take action on pending items or drill down to more details activities by quickly glancing at one or more of the four infotiles available: Receipt Batches, Lockbox Exceptions, Unapplied Receipts and Unapplied Credits. The first infotile allows users to see […]

A recent survey of 1,900 finance leaders released by Oracle and Intel reveals that the CFO/CIO alignment is more important than ever as cloud is viewed as a key strategy to transform their business. The survey, included in a report titled Modern Finance: Driving Transformation from Within, found that: “45% of finance leaders say they’re […]

The use of the AutoInvoice FBDI is helpful for Accounts Receivable personnel that want to import invoices in mass quantities and/or want the system to validate the data they are importing. One key thing to remember in regards to the FBDI tool is that the data won’t be imported to the desired subledger unless all […]

Oracle has provided Fusion users and consultants with the File Based Data Import (FBDI) tool, which allows them to key in mass quantities of information at once. This is a handy tool because even though there are integrated spreadsheets available within each subledger application, none allow for uploading of more than 100 lines. Sometimes, as […]