Back to R12 – Upgrade Overview
Overview
In GL there has been a number of changes:
Terminology Changes
Set of Books (SOB) is now Ledgers
Multiple Reporting Currencies (MRC) is now Reporting Currencies
Global Intercompany System (GIS) is now Advanced Global Intercompany System (AGIS)
Obsolete
Global Accounting Engine (AX) replaced by Subledger Accounting
MRC as a workaround – now fully [...]
Oracle E-Business Tax covers “standard” procure to pay and order to cash transaction taxes, with the exception of withholding taxes and those taxes handled by the Latin Tax Engine solution.
In general the limited per module 11i setup has been changed to become a proper self-contained tax engine. With that however comes complexity to the extent [...]
Back to R12 – Upgrade Overview
Subledger Accounting is a new application that provides an accounting abstraction layer for subledgers – between subledger accounting events and GL journal entries.
This functionality was in 11i placed in each of the subledgers implemented in different way resulting in different reconciliation processes for each of the subledgers.
Subledger Accounting also [...]
Back to R12 – Upgrade Overview
This is a completely new module to provide a central payment capture and disbursement facility.
Overview
New Concepts: Payment Processing Profile, Payment Request and Payment Instruction
Payment disbursement functionality for Payables
Credit card functionality for Advanced Collections and Receivables
Bank account transfer functionality for Cash Management
Secure storage and encryption of payment [...]
Back to R12 – Upgrade Overview
The new centralized bank account model provides a single point for defining and managing internal bank accounts for Oracle Payables, Oracle Receivables, Oracle Payroll, Oracle Cash Management, and Oracle Treasury.
Biggest change in cash management is for the users as many screens are now as OAF forms:
Screens has been converted into [...]
This is a my personal log of changes from 11i to R12.
It is my intent to go through core financials in R12 as an internal project in order to make a structured approach to new features and changes in the new release.
So the notes below only applies to core Financials modules in scope.
This should prove [...]
Back to R12 – Upgrade Overview
Many changes has been made to AP but all great improvements though.
Overview
Suppliers: are now defined in Trading Community Architecture – TCA
Invoice lines: entity added between header and distributions
Banks and bank accounts: now part of Cash Management
Banks and branches: are now defined in TCA like suppliers
Payment document [...]
