Oracle Apps ERP R12

 The Accounts Receivable (AR) module in Oracle R12 involves several tables that store data related to customer transactions, invoices, receipts, and more. Here's an overview of some key tables in the Oracle R12 Accounts Receivable module: Key Tables in Oracle R12 Accounts Receivable: RA_CUSTOMERS Purpose: Stores customer information. Key Columns: CUSTOMER_ID , CUSTOMER_NAME , STATUS , CUSTOMER_NUMBER RA_CUSTOMER_TRX_ALL Purpose: Stores invoice headers for all transactions such as invoices, credit memos, debit memos, etc. Key Columns: CUSTOMER_TRX_ID , TRX_NUMBER , TRX_DATE , BILL_TO_CUSTOMER_ID , STATUS RA_CUSTOMER_TRX_LINES_ALL Purpose: Stores the line-level details of transactions recorded in RA_CUSTOMER_TRX_ALL . Key Columns: CUSTOMER_TRX_LINE_ID , CUSTOMER_TRX_ID , LINE_NUMBER , DESCRIPTION , LINE_TYPE AR_RECEIVABLE_APPLICATIONS_ALL Purpose: Stores information about the application of receipts to invoices and other transactions. Key Columns: APPLICATION_ID , CASH_RECEIP...

In Oracle R12, the Accounts Payable (AP) module involves various tables that store data related to supplier invoices, payments, liabilities, and other financial transactions. Below is a table with the key Oracle R12 Accounts Payable tables, including a brief description of each: Table Name Description AP_INVOICES_ALL Stores information about supplier invoices. Each row includes details such as invoice number, invoice date, supplier information, and payment terms. AP_INVOICE_LINES_ALL Contains individual invoice line details, including descriptions, amounts, distributions, and accounting information for each line of an invoice. AP_INVOICE_DISTRIBUTIONS_ALL Stores distribution information for supplier invoices, such as accounting flexfields, line amounts, and GL accounts. AP_PAYMENT_SCHEDULES_ALL Holds information about payment schedules for invoices, inclu...

 The Order-to-Cash (O2C) cycle in Oracle R12 involves various transactions that generate accounting entries as goods or services are sold, shipped, invoiced, and payment is collected. Below is a detailed breakdown of the typical accounting entries generated during each step of the O2C cycle: 1. Sales Order Creation When a Sales Order (SO) is created, no accounting entries are generated. The order creation is a commitment from the customer and does not affect the financials until the goods or services are delivered or invoiced. 2. Shipping of Goods (Shipping Transaction) When goods are shipped to the customer, accounting entries are generated to reflect the reduction in inventory and the recognition of the Cost of Goods Sold (COGS). Dr. Cost of Goods Sold (COGS) Reflects the cost of the goods that are shipped to the customer. Cr. Inventory (Asset) Reduces the inventory account to reflect the goods leaving the inventory. 3. Invoicing the Customer (Invoice Creation) When an invoice is...

 The Procure-to-Pay (P2P) cycle in Oracle R12 involves various transactions that generate accounting entries as goods and services are purchased, received, and paid for. Below is a detailed breakdown of the typical accounting entries generated during each step of the P2P cycle: 1. Purchase Order Creation When a Purchase Order (PO) is created, there are no accounting entries recorded immediately. The creation of a PO is a commitment to purchase and does not impact the financials until the goods or services are received. 2. Receipt of Goods or Services (Receiving Transaction) When goods or services are received, accounting entries are generated to reflect the receipt in inventory or as an expense. The entries depend on whether the receipt is for inventory or direct charge (expense) items. a. Inventory Receipt (Accrual-Based) Dr. Inventory Material (Asset) Reflects the increase in inventory. Cr. Accrual (Receiving Inventory or Purchase Price Variance Account) Represents the liability...

 The Order-to-Cash (O2C) cycle in Oracle R12 is the process that begins with receiving a customer order and ends with the collection of payment. The O2C cycle involves several modules, including Order Management, Inventory, Shipping, Accounts Receivable (AR), and General Ledger (GL). Below is a step-by-step guide to setting up the Order-to-Cash cycle in Oracle R12: 1. Set Up System Administration Navigation : System Administrator → Security → User → Define Steps : Create and define user accounts. Assign appropriate responsibilities related to Order Management, Shipping, Receivables, and Inventory. Set up profile options such as MO: Operating Unit and GL Set of Books. 2. Define Key Flexfields Navigation : Setup → Financials → Flexfields → Key → Segments Steps : Set up Accounting Flexfields to define the Chart of Accounts (COA). Define Sales Order Flexfields, Customer Flexfields, and other relevant flexfields for Order Management. 3. Set Up Order Management Define Transaction Types :...

 The Procure-to-Pay (P2P) setup in Oracle R12 is a comprehensive process that integrates purchasing, receiving, and accounts payable. The P2P cycle begins with the procurement of goods or services and ends with the payment to the supplier. Here’s a detailed guide to setting up the P2P cycle in Oracle R12: 1. Set Up System Administration Navigation : System Administrator → Security → User → Define Steps : Create and define user accounts. Assign appropriate responsibilities related to Purchasing, Payables, and Inventory. Set up profile options for each responsibility, such as MO: Operating Unit, GL Set of Books, and HR: Business Group. 2. Define Key Flexfields Navigation : Setup → Financials → Flexfields → Key → Segments Steps : Set up Accounting Flexfields for defining the Chart of Accounts (COA). Define other necessary flexfields such as Asset Key, Location, and Category flexfields. 3. Set Up Inventory Organization and Items Navigation : Inventory → Setup → Organizations → Organiza...

 Setting up Cash Management in Oracle R12 involves configuring various components that manage and reconcile bank statements, cash flows, and funds transfers. Below is a step-by-step guide for setting up Cash Management: 1. Define System Parameters Navigation : Cash Management → Setup → System → System Parameters Steps : Define global parameters like currency, calendar, and accounting options. Set up the default cash management ledger and specify the tolerance limits for bank reconciliation. 2. Define Banks, Bank Branches, and Bank Accounts Navigation : Cash Management → Setup → Banks → Banks, Branches, and Bank Accounts Steps : Define your organization's banks and their respective branches. Create and set up bank accounts, including account numbers, currencies, and associated ledgers. Assign bank accounts to the appropriate operating units and cash management responsibilities. 3. Define Bank Account Access Navigation : Cash Management → Setup → Banks → Bank Account Access Steps : A...

 Setting up purchasing in Oracle R12 involves several key steps to configure the Purchasing module correctly. Below is a step-by-step guide to help you with the setup: 1. Define Financial Options Navigation : Purchasing → Setup → Organizations → Financial Options Steps : Specify defaults for Accounts Payable, Purchasing, and Assets. Set up options for payables, invoice, and supplier entry, including tax, currency, and cash management. 2. Define Purchasing Options Navigation : Purchasing → Setup → Organizations → Purchasing Options Steps : Set up defaults for requisition, purchase order, receiving, and supplier parameters. Configure document control, approval hierarchies, and tolerance levels. 3. Define Approval Hierarchies Navigation : Purchasing → Setup → Approvals → Approval Groups Steps : Define approval groups and assign them to approval hierarchies. Set up approval limits, positions, and approval rules to control purchasing document approvals. 4. Define Document Types Navigati...

 Setting up inventory in Oracle R12 involves several steps to configure the inventory module properly. Below is a general guide to help you with the setup: 1. Define Inventory Organization Navigation : Inventory → Setup → Organizations → Organizations Steps : Create an inventory organization by defining the organization's details, such as name, location, and parameters. Assign a legal entity, operating unit, and ledger to the inventory organization. 2. Define Inventory Parameters Navigation : Inventory → Setup → Organizations → Parameters Steps : Select the inventory organization you created. Define parameters such as costing method, accounting information, and intercompany relations. 3. Define Subinventories Navigation : Inventory → Setup → Organizations → Subinventories Steps : Create subinventories, which are logical or physical separations within the inventory organization. Set up subinventory attributes, including locator control, picking order, and reservable options. 4. Defi...

 Setting up Oracle Accounts Receivable (AR) involves configuring various elements, from defining your AR system options to setting up customers, invoices, receipts, and related configurations. Below is a step-by-step guide to setting up Oracle AR: 1. Define System Options This setup involves configuring options that apply across the entire Accounts Receivable module. Navigation: Receivables Manager > Setup > System > System Options Steps: Select your Operating Unit and Ledger. Define Accounting Options such as revenue, receivables, and accounting rules. Set Invoice and Receipt Defaults (e.g., payment terms, transaction types). Define Tax Settings if applicable. 2. Define Transaction Types Transaction types help in categorizing invoices, credit memos, debit memos, etc. Navigation: Receivables Manager > Setup > Transactions > Transaction Types Steps: Create transaction types for Standard Invoices, Credit Memos, Debit Memos, etc. Specify Accounting Rules and ...

 Setting up Oracle Accounts Payable (AP) involves several steps, from defining your accounts payable options to setting up suppliers, invoices, payments, and related configurations. Below is a step-by-step guide to setting up Oracle AP: 1. Define Payables System Setup Options This setup involves defining options that apply to your entire accounts payable system. Navigation: Payables Manager > Setup > Options > Payables System Setup Steps: Set your Ledger and Operating Unit. Define your Payment Terms and Payables Calendar. Specify Invoice Tolerances (e.g., variance limits for invoice matching). Set Supplier Controls (e.g., supplier number auto-generation). 2. Define Payment Terms Payment terms determine how due dates and discounts are calculated for invoices. Navigation: Payables Manager > Setup > Invoice > Payment Terms Steps: Define different payment terms (e.g., Net 30, Net 45). Configure discount terms (e.g., 2% discount if paid within 10 days). 3. Define...