The new Oracle Payments system combines Funds Disbursement and Funds Capture into a single centralized payment engine. Organizations can quickly generate enterprise-wide payments across multiple business units, currencies, and regions:
When the initial implementations of Oracle Project Accounting started, the Finance group imposed controls on the Project Managers. Getting structure into a non-structured environment was the primary challenge. As time progressed, companies matured. Continue reading the blog:
We all know how frustrating and time-consuming timecard entry can be, and the amount of effort expended to get this routine but critical task accomplished costs us all big money and significant aggravation. On March 28, 2012, we presented an OAUG Sponsored webcast:
In Release 12 and 11.5.10, out-of-the-box integration between Oracle E-Business Suite Projects and Oracle EAM allows the collection of maintenance costs into Oracle Projects from EAM. You can carry out maintenance activities and consume different resources, and the resulting costs of those activities can be transferred into Oracle Projects.
Oracle E-Business Suite Release 12 offers a global tax solution for “Order to Cash” and “Procure to Pay” flows. This feature utilizes centrally defined rules, rates, and jurisdictions which are stored in a Tax repository to calculate Taxes at a line level and offers strong audit capabilities using the Tax Record Repository.
Oracle customers around the globe eagerly awaited the release of Oracle E-Business Suite Release12 for several years. Oracle R12 was touted as being a genuinely globalized release. Many customers have migrated to a complete Oracle R12 environment.
Top Trends in 2012 for the E&C Industry. Projects will continue to increase in complexity. Economic pressures will continue to force companies to work globally, with increased competition for the same projects. Owners demand a more efficient way of turning over all documents at the end of a project.
Organizations successfully working in Oracle EBS and other ERP environments have seen a well-executed assessment as a critical first step in ERP project lifecycles. Extending your Oracle EBS environment into these areas is the next wave for your Oracle ERP.
For large construction projects, interest incurred during the construction period for borrowed capital is typically capitalized for the duration of project construction until the Capital Asset is generated. In Oracle EBS, the Capital Projects functionality supports these requirements.
The functionalities relating to CWKs have been enhanced in EBS R 12.1 and above. Before this release, there were limitations in effectively using CWK across multiple projects if their PO does not reference these individual projects in its Distribution.
