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1Z0-225 Oracle EBS R12: Inventory and Purchasing Fundamentals

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1Z0-225 exam Dumps Source : Oracle EBS R12: Inventory and Purchasing Fundamentals

Test Code : 1Z0-225
Test denomination : Oracle EBS R12: Inventory and Purchasing Fundamentals
Vendor denomination : Oracle
: 220 true Questions

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Oracle Oracle EBS R12: Inventory

Demystify the Oracle E-business Suite R12 Subledger Accounting Engine | killexams.com true Questions and Pass4sure dumps

the fresh Subledger Accounting (SLA) Engine is a tremendous architectural shift for Oracle E-business Suite (EBS) unlock...

12 Financials because of many elements, together with suggestions-primarily based and extra pellucid accounting.

the fresh centralized suggestions-based mostly accounting mannequin, which has a fresh schema, offers a few advantages, together with standardization and consolidation of accounting. since the accounting entries are all-in-one captious repository, organizations will see greater control and transparency of their accounting. A particular shift has occurred, in that processing of the transactions is wreck away accounting associated with transactions. also, on account of this centralization, balancing can now ensue on the subledger level. With the addition of the SLA repository, the whisk of records is shown in figure 1.

it's captious to recognize accounting suggestions can simplest ensue to transactions coming from the subledgers. The SLA Engine doesn't system steer Journal Entries and/or entries uploaded through WebADI, in order that they cannot leverage consumer-defined accounting suggestions. here subledgers exhaust the SLA Engine when accounting entries are generated: procuring, Payables, Receivables, belongings, tasks, impregnate administration, cash administration, Intercompany, system Manufacturing, Payroll, Public Sector/Federal, hire management, Loans and Globalizations.

Subledger Accounting in Oracle EBS R12 isn't a module. it's a collection of services to a module, and therefore no Subledger Accounting tasks exist. complete of the Subledger Accounting probe varieties and concurrent programs are embedded inside every typical Oracle utility's tasks (e.g. Payables manager). a brand fresh SLA can impregnate supervisor manages the accounting for stock, labor In procedure and Receiving. The SLA Engine offers the following services to the subledgers:

  • era and storage of precise accounting entries;
  • Storage of subledger balances;
  • access to subledger accounting entries with drilldown to transactions;
  • Subledger reporting; and
  • Configurable suggestions, as a substitute of challenging-coded ones, used through a typical accounting engine.
  • one of the crucial biggest advantages of the SLA Engine is the skill to create more than one accounting illustration for a lone transactional entry. here is notably a genuine suggestion to international corporations which beget statutory and regulatory necessities.

    Create Accounting

    The "Create Accounting" concurrent software is the common means accounting is created in the entire subledgers. This program approaches eligible accounting events to create subledger journal entries. To create these entries, the Create Accounting application applies the corresponding application Accounting Definitions defined within the Accounting methods Builder. moreover, the Create Accounting software validates and creates subledger journal entries, optionally transfers journal entries to the time-honored Ledger (GL), optionally posts journal entries to GL, and generates the Subledger Accounting application record. The SLA Engine uses the Subledger Accounting system that has been assigned to the Ledger to generate the accounting entries.

    New draft accounting capabilities are specifically efficacious for verifying the accounting entries and for constructing fresh Subledger Accounting rules. users can verify the accounting beget an effect on of journal entries without transferring the accounting entries to the GL. actually, accounting entries generated in draft mode can't live transferred to the GL. They can also live deleted and recreated and the transaction or accounting definitions can live altered. they're covered on accounting reviews to absolutely check the beget an effect on of the accounting guidelines, however they don't supersede balances or reserve dollars. When accounting rules are correct, the entries can live recreated in ultimate mode and transferred to the GL.

    Some surest practices for the Create Accounting procedure encompass:

  • running the Create Accounting manner day by day;
  • the exhaust of Draft Mode Accounting if experiencing confirmed considerations with accounting;
  • Resolving issues mentioned within the SLA program report; and
  • running the transfer to GL process an additional time during a closing length to check complete accounting entries beget transferred.
  • types, reporting and guidelines definitions

    one of the largest influences to the conclusion user is the addition of three Subledger probe varieties. They will also live used for analysis, reconciliation and drilldown from GL. The varieties are the Accounting activities form, the Journal Entries kind, and the Journal Entry lines form. Developed in the fresh Oracle functions Framework expertise, these varieties supply clients an simple interface to query journal entries and accounting routine. Queries will also live saved as views to live reused, saving time for the stay person. they're also standardized throughout subledgers.

    Oracle has developed a few fresh stories that file on information within the SLA repository. the following studies are fresh in Oracle EBS R12: Journal Entries document, Account evaluation report, Third party Balances record, era shut Exception file and the Open Account stability checklist. The Journal Entries record displays part journal entry counsel and transaction details for subledger journal entries. It additionally comprises alterations entered into the widely wide-spread Ledger and entries posted to frequent Ledger from other sources. only posted entries are covered in the document. The Account evaluation record provides drilldown information concerning the stream on a selected account for a length or scope of durations.

    It only comprises journal entries transferred to and posted to accepted Ledger. The Third birthday celebration Balances file shows balance and endeavor tips for company and consumer manage money owed. This record is a requirement in some international locations.

    one of the crucial fresh functionalities of the SLA Engine is the Accounting strategies Builder (AMB), which enables users to define accounting suggestions the exhaust of commonplace Oracle forms. With this functionality, users can define and maintain accounting rules without customizing accounting code. This gives the consumer with extremely genuine flexibility, while preserving crucial handle. users can also more without problems coincide to part geographic, legislative and business requirements. with the aid of inserting accounting suggestions in area, steer journal entries and customizations will also live decreased. An additional profit is that as a result of these consumer-defined accounting guidelines are created and maintained in the course of the types, complete consumer-defined accounting rules may live retained in subsequent upgrades. The AMB helps genuine judgment, such as prioritization and conditional statements devoid of the usage of SQL.

    about the writer Alyssa Johnson has concentrated on Oracle E-company Suite unlock 12 economic applications due to the fact that it came out in 2007. She is an affiliate drill director at ROLTA and a member of the OAUG board of administrators.


    Qatar university signs Mahindra Satyam for Oracle ERP roll out | killexams.com true Questions and Pass4sure dumps

    Mahindra Satyam has been signed to deploy Oracle E-company Suite R12 for Qatar school.

    The implementation, which is intended to engage 9 months to convey, will champion the university enhance processes and provide it with a complete administration counsel gadget.

    The school, the biggest educational establishment in Qatar, chosen Mahindra Satyam for its adventure in Oracle ERP implementations. Qatar tuition faced challenges in integration and automating a number of company services, and the Oracle deployment is intended to combine distinctive features, and give visibility and management of procedures, workflow and inventory.

     "This assignment enhances the country's circulation in opposition t setting up sensible cities and reinforcing the training sector's a must-have position in the progress of the identical. The implementation of Oracle's finished product suite will assist us reinforce monetary management and manage, deliver chain administration, customer carrier and HR functionalities," pointed out Saeed Rashid Al-Athba, IT Director, Qatar university.

     "we're very arrogant to associate with Qatar college in this wonderful engagement. This strategic fresh partnership will enable us to create and combine a smoother movement of guidance in the different departments of the university. Mahindra Satyam is dedicated to marking its presence in Qatar, one of the vital region's main proponents within the progress of middle of excellence for activities, schooling, healthcare and e-executive," eminent Bobby Gupta, vice president and head of middle East and North Africa, Mahindra Satyam.


    SriLankan airlines transforms procurement system by means of deploying Oracle iProcurement | killexams.com true Questions and Pass4sure dumps

    August 7, 2014, eight:02 pm

    article_image

    SriLankan airlines (SLA), has effectively deployed Oracle iProcurement to streamline employee ordering whereas implementing a companywide accredited deciding to buy coverage with the expostulate to minimize procurement charge.

    ahead of deployment of Oracle iProcurement, a module of Oracle E-enterprise Suite R12, SLA was facing challenges to build unavoidable end-to-end labor movement as requisitions from person departments were being handled manually and there were no automated budgeting controls and restrictions. They additionally faced the challenge of assorted layers of personnel taking custody of requisition coping with, stock management and stock concerns.

    Oracle iProcurement enabled SLA to standardize procurement manner complete through the business leading to productivity profit and value savings with the aid of tracking companywide usage and prices.

    "With Oracle as a key enabler for SriLankan airlines, they now beget been having fun with the advantages of an automated and flexible company platform for a few years. This has helped us to enhance their efficiencies and set up a superior foundation as they redesigned a yoke of their core business techniques," pointed out Chamara Perera, Head of information technology, SriLankan airlines. "a success deployment of Oracle iProcurement across departments has automated paper based mostly steer workflows and enabled their enterprise clients with trade commonplace affluent functionalities that build efficacious procurement choices while slicing useless prices and time."

    Oracle Consulting carrier (OCS), in conjunction with the group at SriLankan airways, helped with the implementation manner. They offered technical information, tips and working towards for the venture together with 24X7 steer to SLA.

    (SriLankan airways)


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    Oracle EBS R12: Inventory and Purchasing Fundamentals

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    Demystify the Oracle E-Business Suite R12 Subledger Accounting Engine | killexams.com true questions and Pass4sure dumps

    The fresh Subledger Accounting (SLA) Engine is a major architectural shift for Oracle E-Business Suite (EBS) Release...

    12 Financials due to many factors, including rules-based and more transparent accounting.

    The fresh centralized rules-based accounting model, which has a fresh schema, provides several benefits, including standardization and consolidation of accounting. Because the accounting entries are all-in-one central repository, companies will see improved control and transparency of their accounting. A positive shift has occurred, in that processing of the transactions is part from accounting associated with transactions. Also, because of this centralization, balancing can now occur at the subledger level. With the addition of the SLA repository, the flux of data is shown in figure 1.

    It is primary to realize accounting rules can only apply to transactions coming from the subledgers. The SLA Engine does not process Manual Journal Entries and/or entries uploaded through WebADI, so they cannot leverage user-defined accounting rules. The following subledgers exhaust the SLA Engine when accounting entries are generated: Purchasing, Payables, Receivables, Assets, Projects, Cost Management, Cash Management, Intercompany, Process Manufacturing, Payroll, Public Sector/Federal, Lease Management, Loans and Globalizations.

    Subledger Accounting in Oracle EBS R12 is not a module. It is a set of services to a module, and therefore no Subledger Accounting responsibilities exist. complete of the Subledger Accounting probe forms and concurrent programs are embedded within each measure Oracle Application's responsibilities (e.g. Payables Manager). A fresh SLA Cost Manager manages the accounting for Inventory, labor In Process and Receiving. The SLA Engine provides the following services to the subledgers:

  • Generation and storage of detailed accounting entries;
  • Storage of subledger balances;
  • Access to subledger accounting entries with drilldown to transactions;
  • Subledger reporting; and
  • Configurable rules, instead of hard-coded ones, used by a common accounting engine.
  • One of the biggest benefits of the SLA Engine is the ability to create more than one accounting representation for a lone transactional entry. This is especially profitable to global organizations that beget statutory and regulatory requirements.

    Create Accounting

    The "Create Accounting" concurrent program is the measure route accounting is created in complete of the subledgers. This program processes eligible accounting events to create subledger journal entries. To create these entries, the Create Accounting program applies the corresponding Application Accounting Definitions defined in the Accounting Methods Builder. Additionally, the Create Accounting program validates and creates subledger journal entries, optionally transfers journal entries to the common Ledger (GL), optionally posts journal entries to GL, and generates the Subledger Accounting Program Report. The SLA Engine uses the Subledger Accounting system that has been assigned to the Ledger to generate the accounting entries.

    New draft accounting capabilities are especially helpful for verifying the accounting entries and for developing fresh Subledger Accounting Rules. Users can determine the accounting repercussion of journal entries without transferring the accounting entries to the GL. In fact, accounting entries generated in draft mode cannot live transferred to the GL. They can live deleted and recreated and the transaction or accounting definitions can live altered. They are included on accounting reports to fully assess the repercussion of the accounting rules, but they attain not update balances or reserve funds. When accounting rules are correct, the entries can live recreated in final mode and transferred to the GL.

    Some best practices for the Create Accounting process include:

  • Running the Create Accounting Process daily;
  • Using Draft Mode Accounting if experiencing perennial issues with accounting;
  • Resolving issues reported in the SLA Program Report; and
  • Running the Transfer to GL process an additional time during a closing era to verify complete accounting entries beget transferred.
  • Forms, reporting and rules definitions

    One of the biggest impacts to the stay user is the addition of three Subledger probe Forms. They can live used for research, reconciliation and drilldown from GL. The forms are the Accounting Events form, the Journal Entries form, and the Journal Entry Lines form. Developed in the fresh Oracle Applications Framework technology, these forms give users an simple interface to query journal entries and accounting events. Queries can live saved as views to live reused, saving time for the stay user. They are also standardized across subledgers.

    Oracle has developed several fresh reports that report on data in the SLA repository. The following reports are fresh in Oracle EBS R12: Journal Entries Report, Account Analysis Report, Third Party Balances Report, era near Exception Report and the Open Account balance Listing. The Journal Entries Report displays detailed journal entry information and transaction details for subledger journal entries. It also includes adjustments entered into the common Ledger and entries posted to common Ledger from other sources. Only posted entries are included in the report. The Account Analysis Report provides drilldown information about the movement on a particular account for a era or scope of periods.

    It only includes journal entries transferred to and posted to common Ledger. The Third Party Balances Report displays balance and activity information for supplier and customer control accounts. This report is a requirement in some countries.

    One of the fresh functionalities of the SLA Engine is the Accounting Methods Builder (AMB), which enables users to define accounting rules using measure Oracle forms. With this functionality, users can define and maintain accounting rules without customizing accounting code. This provides the user with worthy flexibility, while maintaining necessary control. Users can also more easily comply with multiple geographic, legislative and industry requirements. By putting accounting rules in place, manual journal entries and customizations can live reduced. An added profit is that because these user-defined accounting rules are created and maintained through the forms, complete user-defined accounting rules will live retained in subsequent upgrades. The AMB supports logic, such as prioritization and conditional statements without using SQL.

    ABOUT THE AUTHOR Alyssa Johnson has focused on Oracle E-Business Suite Release 12 financial Applications since it came out in 2007. She is an associate drill director at ROLTA and a member of the OAUG board of directors.


    SriLankan Airlines transforms procurement process by deploying Oracle iProcurement | killexams.com true questions and Pass4sure dumps

    August 7, 2014, 8:02 pm

    article_image

    SriLankan Airlines (SLA), has successfully deployed Oracle iProcurement to streamline employee ordering while enforcing a companywide approved purchasing policy in order to slash procurement cost.

    Prior to deployment of Oracle iProcurement, a module of Oracle E-Business Suite R12, SLA was facing challenges to ensure end-to-end labor flux as requisitions from user departments were being handled manually and there were no automated budgeting controls and restrictions. They also faced the issue of multiple layers of employees taking custody of requisition handling, inventory management and stock issues.

    Oracle iProcurement enabled SLA to standardize procurement process throughout the company resulting in productivity gain and cost savings by tracking companywide usage and expenses.

    "With Oracle as a key enabler for SriLankan Airlines, they beget been enjoying the benefits of an automated and flexible business platform for a number of years. This has helped us to increase their efficiencies and establish a solid foundation as they redesigned a number of their core business processes," said Chamara Perera, Head of Information Technology, SriLankan Airlines. "Successful deployment of Oracle iProcurement across departments has automated paper based manual workflows and enabled their business users with industry measure affluent functionalities that build efficient procurement choices while cutting unnecessary costs and time."

    Oracle Consulting Service (OCS), in conjunction with the team at SriLankan Airlines, helped with the implementation process. They provided technical assistance, guidance and training for the project along with 24X7 champion to SLA.

    (SriLankan Airlines)


    Port of Fujairah deploys Oracle E-Business Suite | killexams.com true questions and Pass4sure dumps

    The UAE's Port of Fujairah has completed the deployment of several Oracle applications, to champion it help financial and business processes and to provide a basis for further growth.

    The multi-purpose port, on the UAE's east coast, is a multi-purpose facility that provides a scope of services including common cargo, bulk cargo, damp bulk cargo, container activity, port facilities for tiny crafts and other port services.

    Oracle supplied its  E-Business Suite R12 and Oracle business Intelligence measure Edition to the port, with the deployment taking situation over seven months. The fresh solutions are intended to integrate financial processes, and provide an IT foundation for future growth, particularly through business-wide transparent reporting and planning.

    The project, which was implemented by Oracle and its partners Fujitsu, and Computer Network Systems (CNS), includes Oracle Financials with Oracle Inventory Management, Oracle Purchasing, and Oracle Human Resources. It also supplied Oracle business Intelligence measure Edition and Oracle Discoverer for business activity analysis and reporting.

    "Oracle E-Business Suite Release 12 enabled us to help resource transparency, planning, reporting, integration, and scalability as demanded by a sophisticated and continually expanding multipurpose sea port. They deployed it in collaboration with Oracle Partners Fujitsu and Computer Network Systems, and later upgraded to Release 12.1 using in-house staff," said Madhusudhan Sarangi, IT Manager, Port of Fujairah.

    Abdul Rahman Al Thehaiban, vice president, Oracle Middle East & Africa, commented: "The innovative thought behind the Oracle E-Business Suite is to provide organizations of complete sizes with an unprecedented lone integrated computer-based application across complete functional areas to optimize visibility, operational efficiency, control of information and decision-making processes, and drive sustainable growth."

    "We are arrogant that Port of Fujairah chose Oracle E-Business Suite solutions to modernize its HR and financial processes and maximize its overall property service with a view to achieving its strategic objectives and securing upgrades for the legacy system," Al Thehaiban added.



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