Professional Documents
Culture Documents
Oracle Project Accounting-Contracts Integration Overview
Oracle Project Accounting-Contracts Integration Overview
Oracle Project Accounting-Contracts Integration Overview
Integration Overview
RAJU CHINTHAPATLA
What does OKE stand for?
O Oracle
E Engineer to Order
RAJU CHINTHAPATLA
OKE Project Scope
Requisition/ Project
Contract Project
Execution
Purchase
Closeout Contracts
Order
Contract
Change
Management
– Scanning those contracts and related documents and saving them to Documentum
RAJU CHINTHAPATLA
What is OKE?
OKE is...
• A repository for contract financials and reporting information
OKE is not...
• A tool for contract creation--you cannot print out your final contract
from OKE
Actuals at company
level
Oracle General
EDW HFM Actuals Maximo
Ledger
Unconsolidated
forecast, Budget Actuals
Depreciation, Additions,
Retirements, & Capitalized
Actuals at the Actuals
interest Payroll
company level,
Consolidated
forecast Fixed asset balances,
depreciation & CWIP
for non-constr. capital Actuals
projects Actuals
PowerPlant
Hyperion Oracle Project Forecast Oracle Project
Asset
Planning Accounting "Trends" Contracts
Management
CWIP for
construction Projects Capitalized Interest
Commitments &
Budget Actuals
Commitments
Purchase
Bid Models in Orders
Oracle
Excel
Purchasing
Spreadsheets
RAJU CHINTHAPATLA
High-level Execution/Management Process
Contract Execution
• Enter letter of intent and contract
Business information in OKE
Document • Utilize approval workflows
Management • Access contract documents via
Documentum
Business Document Management
Requisition/
Contract Project • Send and receive business documents
Purchase
Execution Closeout • Enter business document information in OKE
Order
• Access business documents in Documentum
Requisition/Purchase Order
• Initiate requisitions via OKE
• Import and autocreate requisitions into
Change POs in Oracle Purchasing
Management Change Management
• Enter trends, internal contract adjustments,
and change orders
Reporting and Analysis
Project Closeout
• Closing contracts and the project
Reporting and Analysis
• Inquire on contract data
RAJU CHINTHAPATLA • Run contract reports
Integration Points of OKE with Other Systems
Documentum
Document Images
Oracle Project
Contracts
Trends Requisitions
Oracle
Actuals Accounts
Payable
RAJU CHINTHAPATLA
What is a Project?
Coding Project
happens at
the lowest
level task Task 1 Task 2
only
Task 1.1 Task 1.2 Task 2.1 Task 2.2
RAJU CHINTHAPATLA
What is a Project Template?
RAJU CHINTHAPATLA
Template Example - Construction
Template
Construction
Tasks
01
00 02
Sitework &
Indirect Accounts Concrete
Demolition
Sub-
000
Tasks Home Office
010
020
Site Prep, Grading &
Administrative Powerhouse Concrete
Improvement
Charges
Lowest
Level 0204000
0200000 0203000
Misc. Powerhouse
Sub-Tasks Boilerhouse HRSG Turbine / Generator
Equipment
Slabs Equipment Foundation
for 020 Foundations
RAJU CHINTHAPATLA
What is a Parent Project?
Parent (Master)
Tasks Business
Finance
Operations &
Equipment
Construction
Development Maintenance Tasks
Tasks Tasks
Tasks Tasks (Cost Codes)
RAJU CHINTHAPATLA
Changes in Project Accounting Example
- Contract to PO
Board Approved
Project Budget Forecast to Forecast at
Project Budget Commitments Actuals Complete Completion Variance
BD $X $X $X $X $X $X
Construction $X $X $X $X $X $X
Finance $X $X $X $X $X $X
O&M $X $X $X $X $X $X
Equipment $40M $35M $0M $0M $35M $5M
Parent $40M $35M $0M $0M $35M $5M
(Updated Nightly) (Updated Weekly) (Updated Nightly)
RAJU CHINTHAPATLA
Changes in Project Accounting Example -
Invoice
RAJU CHINTHAPATLA
Changes in Project Accounting Example
- Trend
RAJU CHINTHAPATLA
Changes in Project Accounting Example -
Change Order
Board Approved
Project Budget Forecast to Forecast at
Project Budget Commitments Actuals Complete Completion Variance
BD $X $X $X $X $X $X
Construction $X $X $X $X $X $X
Finance $X $X $X $X $X $X
O&M $X $X $X $X $X $X
Equipment $40M $29M $10M $0M $39M $1M
Parent $40M $29M $10M $0M $39M $1M
(Updated Nightly) (Updated Weekly) (Updated Nightly)
RAJU CHINTHAPATLA