ERPstuff - Oracle EBS Community

hi If you are using India Localisation, then all taxes will be routed only through localization tax engine and your base Apps standard tax engine will not be working. In short, in base Apps AP module you can not create a supplier invoice with VAT and service tax. But in AR module yes you can create ...

Dear Mr.Khan Need some more clarifications about the scenarios mentioned by you. 1. Please clarify whether you are collecting the 100% money in advance or in installments, particulary for long term deals. 2. You can think to create line level transaction flexfield for recording statistical data. 3. ...

Hi You can try following solution for your requirement . You need to create a Receipt on current date and will apply the amount against outstanding invoices. In receipt, the maturity date will be recorded as future date on which date it will be deposited with Bank. You need to run a Aging report for...

Hi Question posed by you is too good. I am attempting to answer it. Business group indicates typically, a cluster of legally distinct firms with a managerial relationship. Or group of companies that does business in different markets under common administrative or financial control. Lets take exampl...

Treasury recognize realized gain/loss only on revaluation. However We are not doing revaluation. We want to create journal through standard journal process in treasury for realized gain/loss at the time of sell. At the time why revaluation is required to be done??? Without doing revaluation, treasur...

Hi If you are planning to credit retention amount to separate general ledger account while booking/creating supplier Invoice, then it is not possible. Because, you can have multiple accounts in expense which is your debit distribution. But for liability which is your credit distribution, you can not...

Further , the accounting entries for Bills in Arrears and Advance are as under : If you enter an invoice with a Bill in Arrears invoicing rule, Receivables creates the following journal entry: In the first period of Rule: DR Unbilled Receivables CR Revenue In all periods of Rule, for the portion tha...

Hi Sridhar Could you please guide me on the following issue : In the construction company's business usually there will be some deduction (say 5% of the invoice amount) from the contractor's /suppliers invoice towards retention money. This 5% amount deducted will be due for payment after six months ...

I need some help on the following issue If I wants to have automatic document sequencing in GL/AP/AR/and FA modules. But the document number should represent year and month and then number e.g. documents generated in Jan-07 should carry numbers either like Jan-07/001, Jan-07/002 or if alpha numeric ...

Hello Sridhar Please guide me on the following issue : Can we set the sequence numbers for the journals which will represent first month & year and then document number e.g. can we have document sequence like Jan-07/001,Jan-07/002 and in next month Feb-07/001, Feb-07/002 like that.. First of all...

Thanks a lot Dear Sridhar... and thanks to ERP Stuff.Com for providing forum which is extremely useful. Best Regards [quote]Hi It is always advisable to keep projects as segment particularly with real estate company. The chart of accounts you have derived is fine. Keep the same dont changeit. Regard...

Hi SOB is comprising of same 3 C's i.e. Chart of A/c, Calendar, and Currency. The moment any one of these three is different you have to have different SOB. There is no restriction on number of SOB's under a business group. One can create any SOB's as per business requirement. Regards Dhananjay [quo...

Hi Sridhar I need your help on the following issue. Pls. share yr. expertise. Client is a Real Estate Development Company. In the first phase of Oracle implementation, Financials,HRMS, & Treasury modules will be implemented. And in the second phase, may be after 7 to 8 months, Oracle Projects an...

Hi There is no way to bring DFF values from sub-ledgers to GL. This is for sure. If anyone on this forum is knowing the wayout , pls. share the same. Because that will be great help for many people. Thanks [quote]Hi Is there a standard way to move the AR Distribution line DFF values to GL Interface ...

Hello functional Guru's I am putting below in brief a practical scenario. I request all experts to scratch your head and suggest a solution. Thanks in advance. Various customers come to client to transfer their goods from one place to another by "AIR". Client provides this service. Client ...