What are the steps followed in creating the accounting
flexfields?
Answers were Sorted based on User's Feedback
Answer / mallikharjuna
In accounting accounting flexfield no need to creating accounting flexfield,because there already existing accounts.
Is This Answer Correct ? | 7 Yes | 2 No |
For setting up of accounting flexfield, follow the below steps.
1. Decide your accounting flexfield segments and its characteristics.
2. Define the valueset for each segment - This should be the first step in Oracle Fusion, but can be slightly later in R12.
3. Define accounting flexfield structure and then add segments (attach the valuesets for each segment).
4. Complete flexfield qualifiers
5. Optionally enable other options (like dynamic insert) and then compile the flexfield structure
Note: In Oracle Fusion, there is a slight change. Flexfield structures are not used, instead COA instances are used. We can create only ONE structure, but we can create multiple instances.
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / vvrmca
i think no need to create accounting accounting flexfield it
is already existing.just we setuping that accounting flexfield
for that u have to follow below steps
the structure of accounting flexfield is
COMPANY-ACCOUNT-COSTCENTER
GL--->SETUP--->FINACIALS--->FLEXFIELDS--->KEY--->SEGMENTS
press find icon
select the application and AFF.
ok.
Is This Answer Correct ? | 4 Yes | 8 No |
How to open the new future periods in GL while we are in P2P or in O2C
can asset be retired in same month of creation?
What are the key flexifields avilable in Oracle General ledger?
Intercompany setup in oracle applications with transaction processing
Can it be set that the GL date is the Sale Order date or Ship to Date?
what is commitment (Warranty invoice) in AR?
what is the use of accounting flexi field in accounting title in key flexifield segments
What is Zero-Payment in AP
types of valuesets
Hi Friends, My Age is 31 Year and I have 6 years marketing(3yr) and accounts(3yr) experience. I wanted Learn ORACLE APPS Financial. is it better decision to changing my career from one domain to another ? if yes who will give me a fresher job as my age more then 30 . need all your suggests friends
What is the procedure for requition import?
At the receive system creates accounting entries. Are those entries created in Purchasing or Inventory module. What is the program that you run to transfer accounting entries from purchasing to GL?