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1Z0-225 Oracle EBS R12: Inventory and Purchasing Fundamentals

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1Z0-225 exam Dumps Source : Oracle EBS R12: Inventory and Purchasing Fundamentals

Test Code : 1Z0-225
Test designation : Oracle EBS R12: Inventory and Purchasing Fundamentals
Vendor designation : Oracle
: 220 existent Questions

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Oracle Oracle EBS R12: Inventory

Demystify the Oracle E-business Suite R12 Subledger Accounting Engine | killexams.com existent Questions and Pass4sure dumps

the modern Subledger Accounting (SLA) Engine is a huge architectural shift for Oracle E-business Suite (EBS) unlock...

12 Financials because of many elements, together with suggestions-primarily based and extra transparent accounting.

the modern centralized suggestions-based mostly accounting mannequin, which has a modern schema, offers a few advantages, together with standardization and consolidation of accounting. since the accounting entries are all-in-one faultfinding repository, organizations will observe greater control and transparency of their accounting. A particular shift has occurred, in that processing of the transactions is wreck away accounting associated with transactions. also, on account of this centralization, balancing can now ensue on the subledger level. With the addition of the SLA repository, the sprint of records is shown in figure 1.

it's faultfinding to recognize accounting suggestions can simplest follow to transactions coming from the subledgers. The SLA Engine doesn't routine guide Journal Entries and/or entries uploaded through WebADI, in order that they cannot leverage consumer-defined accounting suggestions. here subledgers expend the SLA Engine when accounting entries are generated: procuring, Payables, Receivables, belongings, tasks, charge administration, cash administration, Intercompany, system Manufacturing, Payroll, Public Sector/Federal, hire management, Loans and Globalizations.

Subledger Accounting in Oracle EBS R12 isn't a module. it's a collection of services to a module, and therefore no Subledger Accounting tasks exist. entire of the Subledger Accounting investigation varieties and concurrent programs are embedded inside every typical Oracle utility's tasks (e.g. Payables manager). a brand modern SLA can charge supervisor manages the accounting for stock, Work In procedure and Receiving. The SLA Engine offers the following services to the subledgers:

  • era and storage of precise accounting entries;
  • Storage of subledger balances;
  • access to subledger accounting entries with drilldown to transactions;
  • Subledger reporting; and
  • Configurable suggestions, as a substitute of challenging-coded ones, used through a typical accounting engine.
  • one of the crucial biggest advantages of the SLA Engine is the skill to create more than one accounting illustration for a single transactional entry. here is notably a fine suggestion to international corporations which maintain statutory and regulatory necessities.

    Create Accounting

    The "Create Accounting" concurrent software is the common means accounting is created in the entire subledgers. This program approaches eligible accounting events to create subledger journal entries. To create these entries, the Create Accounting application applies the corresponding application Accounting Definitions defined within the Accounting methods Builder. moreover, the Create Accounting software validates and creates subledger journal entries, optionally transfers journal entries to the time-honored Ledger (GL), optionally posts journal entries to GL, and generates the Subledger Accounting application record. The SLA Engine uses the Subledger Accounting routine that has been assigned to the Ledger to generate the accounting entries.

    New draft accounting capabilities are specifically effective for verifying the accounting entries and for constructing modern Subledger Accounting rules. users can verify the accounting maintain an effect on of journal entries without transferring the accounting entries to the GL. actually, accounting entries generated in draft mode can't be transferred to the GL. They can likewise be deleted and recreated and the transaction or accounting definitions can be altered. they're covered on accounting reviews to absolutely check the maintain an effect on of the accounting guidelines, however they don't supplant balances or reserve dollars. When accounting rules are correct, the entries can be recreated in eventual mode and transferred to the GL.

    Some surest practices for the Create Accounting procedure encompass:

  • running the Create Accounting manner day by day;
  • the expend of Draft Mode Accounting if experiencing chronic considerations with accounting;
  • Resolving issues mentioned within the SLA program report; and
  • running the transfer to GL process an additional time during a closing length to check entire accounting entries maintain transferred.
  • types, reporting and guidelines definitions

    one of the largest influences to the conclusion user is the addition of three Subledger investigation varieties. They will likewise be used for analysis, reconciliation and drilldown from GL. The varieties are the Accounting activities form, the Journal Entries kind, and the Journal Entry lines form. Developed in the modern Oracle functions Framework expertise, these varieties supply clients an simple interface to query journal entries and accounting routine. Queries will likewise be saved as views to be reused, saving time for the conclude person. they're likewise standardized throughout subledgers.

    Oracle has developed a few modern stories that file on information within the SLA repository. the following studies are modern in Oracle EBS R12: Journal Entries document, Account evaluation report, Third party Balances record, era shut Exception file and the Open Account stability checklist. The Journal Entries record displays several journal entry counsel and transaction details for subledger journal entries. It additionally comprises alterations entered into the widely wide-spread Ledger and entries posted to frequent Ledger from other sources. only posted entries are covered in the document. The Account evaluation record provides drilldown information concerning the stream on a selected account for a length or purview of durations.

    It only comprises journal entries transferred to and posted to accepted Ledger. The Third birthday celebration Balances file shows poise and endeavor tips for company and consumer manage money owed. This record is a requirement in some international locations.

    one of the crucial modern functionalities of the SLA Engine is the Accounting strategies Builder (AMB), which enables users to define accounting suggestions the expend of commonplace Oracle forms. With this functionality, users can define and maintain accounting rules without customizing accounting code. This gives the consumer with extremely fine flexibility, while preserving crucial handle. users can likewise more without problems accord to several geographic, legislative and industry requirements. with the aid of inserting accounting suggestions in area, guide journal entries and customizations will likewise be decreased. An additional profit is that as a result of these consumer-defined accounting guidelines are created and maintained in the course of the types, entire consumer-defined accounting rules may be retained in subsequent upgrades. The AMB helps fine judgment, such as prioritization and conditional statements devoid of the usage of SQL.

    about the writer Alyssa Johnson has concentrated on Oracle E-company Suite unlock 12 economic applications due to the fact that it came out in 2007. She is an affiliate drill director at ROLTA and a member of the OAUG board of administrators.


    Qatar university signs Mahindra Satyam for Oracle ERP roll out | killexams.com existent Questions and Pass4sure dumps

    Mahindra Satyam has been signed to deploy Oracle E-company Suite R12 for Qatar school.

    The implementation, which is intended to elect 9 months to convey, will support the university enhance processes and provide it with a complete administration counsel gadget.

    The school, the biggest educational establishment in Qatar, chosen Mahindra Satyam for its adventure in Oracle ERP implementations. Qatar tuition faced challenges in integration and automating a number of company services, and the Oracle deployment is intended to combine distinctive features, and give visibility and management of procedures, workflow and inventory.

     "This assignment enhances the country's circulation in opposition t setting up sensible cities and reinforcing the training sector's a must-have position in the evolution of the identical. The implementation of Oracle's finished product suite will assist us reinforce monetary management and manage, deliver chain administration, customer carrier and HR functionalities," pointed out Saeed Rashid Al-Athba, IT Director, Qatar university.

     "we're very arrogant to associate with Qatar college in this wonderful engagement. This strategic modern partnership will enable us to create and combine a smoother movement of guidance in the different departments of the university. Mahindra Satyam is dedicated to marking its presence in Qatar, one of the vital region's main proponents within the evolution of middle of excellence for activities, schooling, healthcare and e-executive," renowned Bobby Gupta, vice president and head of middle East and North Africa, Mahindra Satyam.


    SriLankan airlines transforms procurement system by means of deploying Oracle iProcurement | killexams.com existent Questions and Pass4sure dumps

    August 7, 2014, eight:02 pm

    article_image

    SriLankan airlines (SLA), has effectively deployed Oracle iProcurement to streamline employee ordering whereas implementing a companywide accredited deciding to buy coverage with the expostulate to minimize procurement charge.

    ahead of deployment of Oracle iProcurement, a module of Oracle E-enterprise Suite R12, SLA was facing challenges to construct certain end-to-end work movement as requisitions from person departments were being handled manually and there were no automated budgeting controls and restrictions. They additionally faced the challenge of assorted layers of personnel taking charge of requisition coping with, stock management and stock concerns.

    Oracle iProcurement enabled SLA to standardize procurement manner entire through the industry leading to productivity profit and value savings with the aid of tracking companywide usage and prices.

    "With Oracle as a key enabler for SriLankan airlines, they now maintain been having fun with the advantages of an automated and supple company platform for a few years. This has helped us to enhance their efficiencies and set up a superior foundation as they redesigned a yoke of their core industry techniques," pointed out Chamara Perera, Head of information technology, SriLankan airlines. "a success deployment of Oracle iProcurement across departments has automated paper based mostly guide workflows and enabled their enterprise clients with trade commonplace loaded functionalities that construct effective procurement choices while slicing useless prices and time."

    Oracle Consulting carrier (OCS), in conjunction with the group at SriLankan airways, helped with the implementation manner. They offered technical information, tips and working towards for the venture together with 24X7 guide to SLA.

    (SriLankan airways)


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    Oracle EBS R12: Inventory and Purchasing Fundamentals

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    Demystify the Oracle E-Business Suite R12 Subledger Accounting Engine | killexams.com existent questions and Pass4sure dumps

    The modern Subledger Accounting (SLA) Engine is a major architectural shift for Oracle E-Business Suite (EBS) Release...

    12 Financials due to many factors, including rules-based and more transparent accounting.

    The modern centralized rules-based accounting model, which has a modern schema, provides several benefits, including standardization and consolidation of accounting. Because the accounting entries are all-in-one central repository, companies will observe improved control and transparency of their accounting. A determined shift has occurred, in that processing of the transactions is separate from accounting associated with transactions. Also, because of this centralization, balancing can now occur at the subledger level. With the addition of the SLA repository, the flux of data is shown in figure 1.

    It is necessary to realize accounting rules can only apply to transactions coming from the subledgers. The SLA Engine does not process Manual Journal Entries and/or entries uploaded through WebADI, so they cannot leverage user-defined accounting rules. The following subledgers expend the SLA Engine when accounting entries are generated: Purchasing, Payables, Receivables, Assets, Projects, Cost Management, Cash Management, Intercompany, Process Manufacturing, Payroll, Public Sector/Federal, Lease Management, Loans and Globalizations.

    Subledger Accounting in Oracle EBS R12 is not a module. It is a set of services to a module, and therefore no Subledger Accounting responsibilities exist. entire of the Subledger Accounting investigation forms and concurrent programs are embedded within each standard Oracle Application's responsibilities (e.g. Payables Manager). A modern SLA Cost Manager manages the accounting for Inventory, Work In Process and Receiving. The SLA Engine provides the following services to the subledgers:

  • Generation and storage of circumstantial accounting entries;
  • Storage of subledger balances;
  • Access to subledger accounting entries with drilldown to transactions;
  • Subledger reporting; and
  • Configurable rules, instead of hard-coded ones, used by a common accounting engine.
  • One of the biggest benefits of the SLA Engine is the skill to create more than one accounting representation for a single transactional entry. This is especially profitable to global organizations that maintain statutory and regulatory requirements.

    Create Accounting

    The "Create Accounting" concurrent program is the standard way accounting is created in entire of the subledgers. This program processes eligible accounting events to create subledger journal entries. To create these entries, the Create Accounting program applies the corresponding Application Accounting Definitions defined in the Accounting Methods Builder. Additionally, the Create Accounting program validates and creates subledger journal entries, optionally transfers journal entries to the generic Ledger (GL), optionally posts journal entries to GL, and generates the Subledger Accounting Program Report. The SLA Engine uses the Subledger Accounting routine that has been assigned to the Ledger to generate the accounting entries.

    New draft accounting capabilities are especially helpful for verifying the accounting entries and for developing modern Subledger Accounting Rules. Users can determine the accounting impact of journal entries without transferring the accounting entries to the GL. In fact, accounting entries generated in draft mode cannot be transferred to the GL. They can be deleted and recreated and the transaction or accounting definitions can be altered. They are included on accounting reports to fully assess the impact of the accounting rules, but they effect not update balances or reserve funds. When accounting rules are correct, the entries can be recreated in final mode and transferred to the GL.

    Some best practices for the Create Accounting process include:

  • Running the Create Accounting Process daily;
  • Using Draft Mode Accounting if experiencing continuous issues with accounting;
  • Resolving issues reported in the SLA Program Report; and
  • Running the Transfer to GL process an additional time during a closing era to verify entire accounting entries maintain transferred.
  • Forms, reporting and rules definitions

    One of the biggest impacts to the conclude user is the addition of three Subledger investigation Forms. They can be used for research, reconciliation and drilldown from GL. The forms are the Accounting Events form, the Journal Entries form, and the Journal Entry Lines form. Developed in the modern Oracle Applications Framework technology, these forms give users an simple interface to query journal entries and accounting events. Queries can be saved as views to be reused, saving time for the conclude user. They are likewise standardized across subledgers.

    Oracle has developed several modern reports that report on data in the SLA repository. The following reports are modern in Oracle EBS R12: Journal Entries Report, Account Analysis Report, Third Party Balances Report, era nigh Exception Report and the Open Account poise Listing. The Journal Entries Report displays circumstantial journal entry information and transaction details for subledger journal entries. It likewise includes adjustments entered into the generic Ledger and entries posted to generic Ledger from other sources. Only posted entries are included in the report. The Account Analysis Report provides drilldown information about the movement on a particular account for a era or purview of periods.

    It only includes journal entries transferred to and posted to generic Ledger. The Third Party Balances Report displays poise and activity information for supplier and customer control accounts. This report is a requirement in some countries.

    One of the modern functionalities of the SLA Engine is the Accounting Methods Builder (AMB), which enables users to define accounting rules using standard Oracle forms. With this functionality, users can define and maintain accounting rules without customizing accounting code. This provides the user with noteworthy flexibility, while maintaining necessary control. Users can likewise more easily comply with multiple geographic, legislative and industry requirements. By putting accounting rules in place, manual journal entries and customizations can be reduced. An added profit is that because these user-defined accounting rules are created and maintained through the forms, entire user-defined accounting rules will be retained in subsequent upgrades. The AMB supports logic, such as prioritization and conditional statements without using SQL.

    ABOUT THE AUTHOR Alyssa Johnson has focused on Oracle E-Business Suite Release 12 pecuniary Applications since it came out in 2007. She is an associate drill director at ROLTA and a member of the OAUG board of directors.


    SriLankan Airlines transforms procurement process by deploying Oracle iProcurement | killexams.com existent questions and Pass4sure dumps

    August 7, 2014, 8:02 pm

    article_image

    SriLankan Airlines (SLA), has successfully deployed Oracle iProcurement to streamline employee ordering while enforcing a companywide approved purchasing policy in order to slash procurement cost.

    Prior to deployment of Oracle iProcurement, a module of Oracle E-Business Suite R12, SLA was facing challenges to ensure end-to-end work flux as requisitions from user departments were being handled manually and there were no automated budgeting controls and restrictions. They likewise faced the issue of multiple layers of employees taking charge of requisition handling, inventory management and stock issues.

    Oracle iProcurement enabled SLA to standardize procurement process throughout the company resulting in productivity gain and cost savings by tracking companywide usage and expenses.

    "With Oracle as a key enabler for SriLankan Airlines, they maintain been enjoying the benefits of an automated and supple industry platform for a number of years. This has helped us to multiply their efficiencies and establish a solid foundation as they redesigned a number of their core industry processes," said Chamara Perera, Head of Information Technology, SriLankan Airlines. "Successful deployment of Oracle iProcurement across departments has automated paper based manual workflows and enabled their industry users with industry standard loaded functionalities that construct efficient procurement choices while cutting unnecessary costs and time."

    Oracle Consulting Service (OCS), in conjunction with the team at SriLankan Airlines, helped with the implementation process. They provided technical assistance, guidance and training for the project along with 24X7 support to SLA.

    (SriLankan Airlines)


    Port of Fujairah deploys Oracle E-Business Suite | killexams.com existent questions and Pass4sure dumps

    The UAE's Port of Fujairah has completed the deployment of several Oracle applications, to allay it better pecuniary and industry processes and to provide a basis for further growth.

    The multi-purpose port, on the UAE's east coast, is a multi-purpose facility that provides a purview of services including generic cargo, bulk cargo, wet bulk cargo, container activity, port facilities for small crafts and other port services.

    Oracle supplied its  E-Business Suite R12 and Oracle industry Intelligence Standard Edition to the port, with the deployment taking position over seven months. The modern solutions are intended to integrate pecuniary processes, and provide an IT foundation for future growth, particularly through business-wide transparent reporting and planning.

    The project, which was implemented by Oracle and its partners Fujitsu, and Computer Network Systems (CNS), includes Oracle Financials with Oracle Inventory Management, Oracle Purchasing, and Oracle Human Resources. It likewise supplied Oracle industry Intelligence Standard Edition and Oracle Discoverer for industry activity analysis and reporting.

    "Oracle E-Business Suite Release 12 enabled us to better resource transparency, planning, reporting, integration, and scalability as demanded by a sophisticated and continually expanding multipurpose sea port. They deployed it in collaboration with Oracle Partners Fujitsu and Computer Network Systems, and later upgraded to Release 12.1 using in-house staff," said Madhusudhan Sarangi, IT Manager, Port of Fujairah.

    Abdul Rahman Al Thehaiban, vice president, Oracle Middle East & Africa, commented: "The innovative conception behind the Oracle E-Business Suite is to provide organizations of entire sizes with an unprecedented single integrated computer-based application across entire functional areas to optimize visibility, operational efficiency, control of information and decision-making processes, and drive sustainable growth."

    "We are arrogant that Port of Fujairah chose Oracle E-Business Suite solutions to modernize its HR and pecuniary processes and maximize its overall property service with a view to achieving its strategic objectives and securing upgrades for the legacy system," Al Thehaiban added.



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