Oracle Applications

Oracle for Beginners

Accounts Payable Setup – Financials Options

Posted by shameemakhtar on June 25, 2009

Platform: R12

Prerequisite: Inventory Calendar and Inventory Organization must have been set up.

Refer to the following documents:

Define Inventory Calendar

Setup Inventory Organization

Payables Manager –> Setup –> Options –> Financial Options

Based on your profile options, your ‘Operating Unit’ is automatically picked up.

Refer to the following documents:

System Profile Values for GL

Define Operating Unit (Document to follow)

You have to fill in the following tabs to configure the Financials Options:

  1. Accounting
  2. Supplier – Purchasing
  3. Encumbrance
  4. Tax
  5. Human Resources


1. Accounting

Financial Options: Accounting

Financial Options: Accounting

Specify the number of ‘Future Periods’. Fill in the GL Accounts where required.

Note: If during the defining of our Accounting Key Flexfield Structure, we have allowed dynamic insert, we can enter the accounts directly without having to create the accounts first. If that is not the case, then we need to create all the valid accounts combinations before we can use them here.

Refer to the following documents:

Define Accounting KFF – Create Chart of Accounts

2. Supplier – Purchasing

Financial Options: Supplier-Purchasing

Financials Options: Supplier-Purchasing

Specify the Ship-to Location and Bill-to Location. Inventory Organization is mandatory.

Note that we need to create the Inventory Organization and define the Additional Organization Information Details.

3. Encumbrance

Financial Options: Encumbrance

Financials Options: Encumbrance

Specify the options for encumbrance if you are using encumbrance accounting.

4. Tax

Financials Options: Tax

Financials Options: Tax

Specify your VAT Registration information if applicable.

5. Human Resources

Financials Options: Human Resources

Financials Options: Human Resources

Based on your profile options, your Business Group is automatically picked up.

Specify your ‘Expense Reimbursement Address’. The Employee generation method is automatically picked up from the Extra Information configured on your Business Group.

Refer to the following documents:

Define Business Group (Document to follow)

Shameem Bauccha

24 June 2009


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