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...