Flexfields

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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deepu.oracle
Posts: 16
Joined: Fri Jul 13, 2007 9:34 am
Location: India

Flexfields

Post by deepu.oracle »

Hi All,

Can any body tell me what is the importance of New flexfield
i.e. Secondary tracking Segment.

Can any body wht is the advantage of flexfield segment
cnubandi
Posts: 101
Joined: Thu Jan 04, 2007 2:06 am
Location: India
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Post by cnubandi »

Hi

Secondary tracking segment is used to track additional information at the time of year ending process for revaluation and translation.
For this purpose we have to assign secondary tracking segment qualifier to one of the segment to which haven't assigned Balancing segment ,natural account and inter company.
dhaimes
Posts: 7
Joined: Sat Dec 08, 2007 3:18 pm
Location: USA
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Post by dhaimes »

Some additional discussion on the importance and relevance of Intercompany and balancing segments can be found here

http://davidhaimes.wordpress.com/2007/1 ... demo-data/
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