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Highlights of the New Features in Oracle

E-Business Suite Financials Release 12
Jeanie Powell
Principal Solutions Architect

User Interface

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User Experience Highlights

Six worldwide Usability Studies:
16 customers
57 participants
Recommendations:
Re-design and streamlining
Reduction in the number of steps
Overall look & feel improvements

Results: Significant Improvements

Collections Setup
Payments
Loans
Applications Setup Manager (ASM)
Financial Consolidation Hub (FCH)

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General Ledger Setup in 11i

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Accounting Setup Manager

Single Page for Accounting Setup
Legal Entities
Ledgers
Currencies
Balancing
Segments
Subledger
Accounting
Operating
Units
Balancing
Options
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Global Architecture
3rd
Party
System
s

Multiple
Ledgers

General
GeneralLedger
Ledger

Centralized
Architecture
2.1
Accounting
Policies
2.2
Bank Model

Drilldow
n
Centralized Accounting
Model,
Rules, Engine and Repository

Banking

Work in
Process

Intercompa
ny
Accounting

Global Tax

Invento
ry

Receivable
s

Purchasin
g

Project
s

Payable
s

E-Business Suite

2.3

Tax Engine

2.4

Intercompany

3
Role-Based
Access to
Operating Units

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Advanced Collections

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Advanced Collections in R12

Simplified Setup

Question &
Answer
Type Setup

Advanced Collections in R12

Simplified Setup - Checklist

AR AP Netting

Payables & Receivables Netting

Reduce Costs in Trading Relationships

AR Invoices
Customer

#203

$500

#460

$600

Receipt
$800
Netting

AP Invoices
Supplier

#699

$400

#982

$400

Payment
$800

General Ledger

Eliminate Accounting Errors

Alternate Accounts Replace Disabled Accounts

Definition Access Sets

AutoAllocations
AutoPost Criteria Sets

Controller

AutoReversal Criteria Sets

Budget Formulas

Accountant
Privileges

Use

Accounting Calendars

Modify View

Budget Organizations
Chart of Accounts Mappings
Consolidation Definitions

Revaluations

Consolidation Sets
Elimination Sets

Allocations
Rate Types
Elimination Sets

FSG Reports and components

MassAllocations
MassBudgets
Rate Types
Recurring Journals
Revaluations

Introducing Ledger Sets

Implement Processing Efficiencies

Open/Close Periods
Create Journals
Translate and Revalue Balances
View Information
Submit Standard Reports
Submit Financial Statements

Intercompany

E-Business Suite Financials

Introducing Advanced Global Intercompany

Advanced Global Intercompany

Centralized Solution
Integration with
Receivables & Payables
Flexible Approval Rules
Based on Legal Entities
Online Reconciliation
Tools

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Advanced Global Intercompany System

Completely Integrated System
3
1
2

Enter Transaction

Send Transaction
3 Approve Transaction
(or reject)

4
3

Create AR Invoices
4 Create AP Invoice
or

4
or

or

Create GL Journal
5 Create GL Journal

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Cash Management

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Bank Accounts
Centralized User Interface
11i:

12:

Cash
CashMgmt
Mgmt
Payables
Payables

Cash
CashMgmt
Mgmt
Payables
Payables
Bank
Bank
Accounts
Accounts

TCA
TCA

Payables
Payables

Banks
Banks

Receivables
Receivables

Bank
Bank
Accounts
Accounts

Payroll
Payroll

Receivables
Receivables

Payroll
Payroll

Payroll
Payroll
Bank
Bank
Accounts
Accounts

Treasury
Treasury

Treasury
Treasury
Bank
Bank
Accounts
Accounts

Treasury
Treasury

Receivables

Accelerate the Cash Cycle

With Improved Efficiency and Visibility
Automated, Flexible Late
Charges Improve Efficiency

Better Visibility with Line

Level Cash Application

Automate Revenue Recognition

Recognize Revenue Based on Rules and Events
Time-Based Revenue Recognition
Ratably Over Time
Upon Expiration of Contingencies

Event-Based Revenue Recognition

Payment
Customer Acceptance

Rule-Based Revenue Recognition

Payment Term Thresholds
Refund Policy Thresholds
Customer Creditworthiness

Balancing

Centralized Balancing Routine

Supporting Intercompany & Intracompany
In 11i:
Balancing Journal Entries generated at posting time
by the General Ledger Posting routine
In R12, the Balancing Routine:
Generates balancing accounting entries for subledger
journal entries at time accounting is created
Generates balancing journal entries at posting time
for all other journals

Balancing
Intercompany & Intracompany
02.Expense

Company B

Co. A

03.Expense

100

01.Expense

200

02.Intracompany

100

03.Intracompany
BS
V

01

BS
V

02

BS
V

300

100

03

02.Intercompany
01.Intercompany

200
200

XML Publisher

Business Reporting Requirements

Complex & Diverse
High Fidelity Reports
Partner Reports
Financial Statements
Checks

Government forms

Invoices

Marketing materials
Contracts
Checks, Labels

Labels

XML

Reports

EFT / EDI
Multiple destinations
Destinations

XML / EFT / EDI

XML Publisher
Making Reporting Manageable

Separate data / layout / UI translation

Data Logic
XML Publisher

Report
output

Layout
Translation
Flexibility
Reduced maintenance

One Solution for all Business Documents

Financial Reporting with XML Publisher

Nearly 400 Modifiable Formats
Product

Formats

Product

Formats

Assets

22

IT Audit

Cash

Loans

Collections

15

Payables

Common Modules

10

Payments

120

Financials
Consolidation Hub

21

Public Sector

General Ledger

14

Receivables

10

Globalizations

92

Subledger
Accounting

17

Internal Controls
Manager

25

Tax

23

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Expenses

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Internet Expenses
Barcode Enabled

Copyright 2006, Oracle. All rights reserved.

Internet Expenses
Usability Enhancements

Activity Based Tabs

Receipt Verification

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Payables

Copyright 2006, Oracle. All rights reserved.

Payables
Invoice Lines and Enhanced Asset Tracking

Select
OU

View or Enter:
Item Description
Manufacturer
Model
Item
Description
Serial
Number
Warranty Number

Manufacturer

Serial Number

Copyright 2006, Oracle. All rights reserved.

Payables
Suppliers in TCA

Payable
Purchasi s
ng
Suppliers

Global
Tax

Geographies

Payment
s

Party
Informati
on

Cash
Manageme
nt
Banks

and
Branches

Trading
Community
Architecture
Oracle Fusion Middleware

ERP

CRM

Copyright 2006, Oracle. All rights reserved.

3rd Party

Payables Services Procurement

Progress Payment Schedule
Define Progress
Payment
Schedule

Specify Pay Item Number,

Type:
Rate
Lumpsum
Milestone

Copyright 2006, Oracle. All rights reserved.

Describe Work Component &

Payment

Payables Services Procurement

Progress Payment Invoices
As progress is made on the work,
the supplier continues to submit
work confirmations, work is
approved, invoices are generated,
and retainage is withheld

Approved

Billed

Retained

Advance

Advance
50,000

Resurface Lot

200,000

200,000

<20,000>

Road Work

500,000

500,000

<50,000>

Landscape

250,000

250,000

<25,000>

Final Painting

50,000

50,000

< 5,000>

1,000,000

1,000,000

<100,000>

Copyright 2006, Oracle. All rights reserved.

<50,000>

New Product

Payments

Copyright 2006, Oracle. All rights reserved.

Oracle Payments
Single Point of Integration with Financial Institutions

Financial Institutions

Oracle Payables

Oracle Payments

Other applications

Oracle Receivables

Copyright 2006, Oracle. All rights reserved.

Print Payments

Oracle Payments
Funds Capture

Request

Authorization

Settlement

Acknowledgement

Replaces and expands iPayment functionality

Copyright 2006, Oracle. All rights reserved.

Oracle Payments
Formatting with XML Publisher

XML Publisher

Data Sources

Publishing
Engine

XML

Output Formats
PDF
RTF

HTML
XML

EDI

Disbursements
Credit Card
Payments
Direct Debits

Destination
Email
Printer
Fax
FTP
AS/2

Templates

Remittances

Business
User

Copyright 2006, Oracle. All rights reserved.

Checks

Remittance
Advice

Fund
Transfers

EFT Payments

Credit Card
Auths

Payment
Reports

CONFIDENTIAL:Allcapabilitiesareforplanningpurposesonlyand