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Legal Entity Document Sequencing in Receivables

Posted on January 7th, 2016 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

You need to consider these points when you are trying setup Legal Entity Document Sequencing in Receivables

You can set up your primary ledger to allow document sequencing at the legal entity level instead of at the ledger level.

This means if you have more than one legal entity assigned to the same ledger, you can assign separate document sequences to each of your Receivables transactions, adjustments, and receipts belonging to each legal entity.

Legal entity level document sequencing helps you conform to local and governmental authority requirements, while still being able to organize multiple legal entities under the same primary ledger.

These are key points you need to consider if you want to use document sequencing at the legal entity level for Receivables:

  • Document Sequencing in Receivables
  • Receivables Document Categories
  • Gapless Document Sequencing
  • AutoInvoice Processing

Oracle Cloud Receivables setup is very similar to Oracle R12 EBS looks for and assigns a legal entity to a transaction according to this hierarchy:

  • Legal entity of the transaction type assigned to the transaction.
  • Legal entity of the transaction source assigned to the transaction.
  • Default legal entity assigned to the business unit.

Reader question

Is it , possible to share document sequences across ledgers or business units?

If you maintain document sequencing at the legal entity level, it is not recommended to share the same document sequence across ledgers or business units.

Document sequencing at the legal entity level uses the accounting date as the document sequence date. Because ledgers can have different accounting periods open, each ledger could derive a different accounting date for the same document sequence.

Because Receivables creates a document category for each transaction type you create, it is recommended to create and maintain a separate set of transaction types in each business unit.

Hope this helps , next will discuss more in details.

Posted in Oracle Cloud *, Oracle Receivable | No Comments »

Happy New Year 2016 , best wishes to all

Posted on January 2nd, 2016 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

new yearThis the season to be jolly! Time truly flies when you are doing the things you love and with another year behind us, we can't help but feel a little nostalgic and look back at what the past twelve months have brought us.

It was a busy year at personal and professional side .In terms of blog posting, this has been the least productive year , I’ve ever been. But ready and eager for 2016 and can't wait to see what the New Year is going to bring to the tech world and we hope you stick around so we can share it with you.

I wanted to take this moment to wish you and yours a very Happy and Prosperous New Year! May you stick to all your New Year’s Resolutions and may 2016 be better than 2015.

Happy reading..

Thanks for your support!

Posted in News | No Comments »

Oracle Management Cloud : The Next Generation Real-Time Monitoring and Analytics IT Tool

Posted on January 2nd, 2016 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

Oracle Management Cloud (OMC) is a suite of next-generation integrated monitoring, management, and analytics cloud services built on a scalable big data platform that provides real-time analysis and deep technical and business insights.

With OMC you can eliminate disparate silos across end-user and infrastructure data, troubleshoot problems quickly,and run IT like a business

OCM meets three main service demands as :

  1. Actively diagnose end user problems using correlated client, application, and log data from a single interface.
  2. Find and resolve issues before customers are impacted.
  3. Provide a single source of truth to DevOps for better application delivery.

Oracle Management Cloud combines rich cloud services with a unified, scalable, big data platform for monitoring and analyzing complex environments. It can analyze data
from throughout the enterprise, from sprawling data centers and on-premises information systems to public cloud, private cloud, and mobile application environments.

OMC mainly consist of three services thats include Oracle Application Performance Monitoring Cloud Service, Oracle Log Analytics Cloud Service, and Oracle IT Analytics Cloud Service.

amc

  • Oracle Application Performance Monitoring (APM) - Cloud Service provides development and operations teams (aka single source of truth” for application owners and DevOps personnel )with the information that they need to find and fix issues with today’s mobile and web applications rapidly, via deep visibility into your application performance from the end user experience, through application server requests, and down to application logs.

If your end users have high expectations for the apps they depend on. They demand superior performance, availability, and service. In order to keep your users happy, you can opt Oracle Application Performance Monitoring Cloud Service, which helps you to monitor :

  • Browser performance, including end-user experience,Ajax performance, and server-side requests.
  • Application performance down to the operation and method level.
  • Related application server, database, and external application server logs in the context of actual workload.

 

  • Oracle Log Analytics Cloud Service monitors, aggregates, indexes, and analyzes all log data from your on-premises and cloud applications and infrastructure enabling users to search, explore, and correlate this data to troubleshoot problems faster, derive operational insight and make better decisions.

With Oracle Log Analytics Cloud Service, you can:

    • Explore logs that are specific to the application experiencing the problem.
    • Analyze and explore log data efficiently by using machine learning.
    • Gain business and IT insight from log data.
    • Rapidly derive value from logs.
  • Oracle IT Analytics Cloud Service - this provides 360-degree insight into the performance, availability, and capacity of applications and IT investments, enabling executives, analysts, and administrators to make critical decisions about their IT operations based on comprehensive system and data analysis.

With Oracle IT Analytics Cloud Service, you can:

  • Optimize database and middleware resources.
  • Plan for future growth by forecasting intelligently.
  • Maximize database and middleware performance.
  • Acquire insight from multidimensional analysis of IT data.
  • Easily search application and system components.
  • Quickly build custom dashboards to publish the results of your analyses.

Oracle Management Cloud uses a powerful security model that ensures the security and integrity of your IT operational data in transit and once uploaded to Oracle Management Cloud. As part of the Oracle Cloud, Oracle Management Cloud is deployed on enterprise-grade infrastructure, fully managed by Oracle.

Oracle Management Cloud runs on tablet and desktop, with a blazing fast analytics engine to get you results when you need them.

You can find more details at OMC page.

Posted in Oracle Cloud * | No Comments »

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