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As a consultant I have seen numerous organizations conduct business with banks that do not conform to the ACH CCD Cash Concentration/ Disbursement File format. Most recently I was at an organization that sends electronic funds transfer (EFT) files to a Canadian bank that required a proprietary file format for incoming EFT files. To conform to the bank’s requirements, the organization had customized the NACHA Payment Format program in 11i.

In R12, Oracle introduced the Payments module which replaces the payments functionality within Payables. The Payments module utilizes BI Publisher templates instead of Oracle Reports to generate formatted EFT files. As a result, you have to re-implement the customizations that were made to the NACHA Payment Format program in earlier releases.

R12.1.3 has been released for some time now. BizTech has compiled a list, module by module, of the main features that have been added, amended, or removed in this latest release.

In order to understand how General Ledger may be used to provide projects based or project related reporting, we must first explain how Oracle General Ledger stores and tracks account balance information.

R12.1.3 has been released for some time now. BizTech has compiled a list of the Tax, Legal and Regulatory updates that have been added, amended, or removed in this latest release.

BizTech has analyzed the following modules, and has determined that significant functionality has been added in R12.1.3. Some of the more significant functionality has been backported to older releases, and where appropriate, BizTech has identified the necessary patches.

In 11i, the go-to tool of the financial analyst was Application Desktop Integrator (ADI) – from here, an analyst could format financial reports, drill down on the numbers produced to get journal line detail, enter and upload a journal entry or an entire budget.

With the changes in architecture in R12, ADI is no longer supported, and the functionality provided by ADI has been replaced by other modules. BI Publisher has become the primary report formatting tool, Report Manager delivers report repository functionality (as well as drill-down functionality for FSG reports),and many white-papers and presentations exist for these areas.

The severity of the recent global recession created extraordinary uncertainty among business executives across all industries and geographies. Executives became increasingly aware of looking for ways to cut costs, and IT budgets were much more scrutinized than in the past. However, this recession experience also created the opportunity to challenge mindsets about managing operations, even finance operations and practices. As a result, many organizations established a strategic agenda that focused on driving the business through this recessionary period with the goal of being stronger after the recession than prior. These organizations focused on creating a strategic agenda that would drive efficiency and productivity while reducing complexity across the enterprise without hindering future growth opportunities. This strategic agenda sought cost reductions and made selected investments that inherently supported these objectives.

Welcome to the Oracle R12 Financials Blog. The purpose of this blog will be to share information, experiences, best practices, and strategies for implementing, configuring and using the Oracle R12 Financials. My hope is that the content put forth on this site will be useful and informative and hopefully, spur discussion and some debate amongst the readers.

Hello everyone, welcome to BizTech’s blog for Oracle Application Technologies. As an Oracle Application Developer with over 40 implementations under my belt, I have amassed a large library of white papers, tips, tricks and how to’s. My intent for this blog is to assist all Oracle Application Developers by sharing what I've learned over the last 14 years implementing Oracle.