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 transfer funds between your internal banks?
1. what is receipt class
I have created an invoice and made the payment in Accounts payable. Now the payment status is Negotiable and accounting status is processed. I reconciled the transaction in Cash Mgmt, The status changed from negotiable to Reconciled in CM. I checked the payment status for the invoice in payment window(AP), the payment status changed to RECONCILED UNACCOUNTED i.e correct but the accounting status is remain processed which is not the correct. I hope the transaction will be correct if the accounting status would have changed to PERTIAL . Please suggest any solution for the above query.
can we stop the payment once the payment manager process has been run?
can u make payment across two legal entity ? ex:- one primary ledger, two legal entity and one legal entity have "A" operating unit and another legal entity have "B" Operating unit .. i posted invoice in "A" OU, can i make payment through "B" OU ? if Yes what is mandatory setups ?
PLS ANY ONE EPLAINE ME I AM RECEIVING JOURNALS FROM RECEIVABLE AND PAYABLES IN GENERAL LEDGER I WANT RECEIVABLE JOUNALS APPROVAL AND PAYABLES JOURNALS I DON'T WANT APPROVAL HOW CAN SET UP THIS
Charge Back Setups ?
explain your project plan with exam pal? i am preparing inter view .............
How would you transfer funds from one bank to another bank in oralce apps? And in which module you can do this?
Hi, as I have 8 yrs End User exp in Oracle 11i 3rd bak & now SAP (in GL, AP, & FA), how do recruiters consider me as they are asking for Implementation exp. How do I convince them. I have done Oracle 11i training in 2007 & cont studyin materials also. But plz help how do I draft my CV such a way that I will get a job.
how to transfer the retained earning amount from curret year to next year? what is the path in apps financial
Hi, Friends i need some Accounts Payable, General Ledger, Cash Management study material. Please if u have some material kindly send to my id itsaqueelahmed@gmail.com. i will be very thankful to u .