R122 New Features GreenChain Software Solutions Pvt Ltd wwwgreenchainbiz Oracle has announced Oracle EBS 122 version on Sep 19 2013 This latest version presents Online Patching to support administrations with highavailability requirements by dramatically reducing planned maintenance dow ID: 528410
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Slide1
Oracle Applications
R12.2 New Features
GreenChain Software Solutions Pvt Ltd
www.greenchain.bizSlide2
Oracle has announced Oracle EBS 12.2 version on Sep 19, 2013. This latest version presents Online Patching to support administrations with high-availability requirements by dramatically reducing planned maintenance downtimes.Slide3
Oracle E-Business Tax
Ability
to import customer tax information
New
way to define a tax rule.
We have
ability to evaluate if an attribute on a transaction is null or not null
Users can now utilize the Customer Interface program to import the following tax information:
• Party Tax Profile
• Tax Registrations
• Exemptions
• Reporting Code Association.
Users can define
rules to calculate taxes using null transaction attributes. Two new operators, ‘Null’ and ‘Not Null’ are available to specify whether a transaction attribute is allowed to be null during tax calculations.Slide4
Oracle Payables
Payment Acknowledgement Import
Oracle Payments
can
import payment acknowledgement reports containing payment status for bank received payment files.
Users can:
• Map bank acknowledgment codes with
system defined
acknowledgment codes
• Import acknowledgment data
• Import multiple acknowledgments per payment
• Review acknowledgment details including bank
reported
errors and status Slide5
Oracle General Ledger
Added
integration to Hyperion’s Data Relationship Management (DRM) and to Fusion’s Accounting
hub
Users can take
advantage of new Fusion General Ledger capabilities, such as embedded Essbase integration with real-time analytics.
Generate boardroom ready
financial statements
Analyze variances with exception-based online account monitoring
Online slice-and-dice account analysis. Slide6
Oracle Financials for India
Enhanced Bill of Entry Functionality
Create
bill of entry records referencing documents such as Purchase Orders, Releases, and Advanced Shipping Billing Notices
Account for custom duty taxes at the tax type level
Assign taxable basis based on landed cost or assessable value
Calculate taxable basis using exchange rates specified by customs.
Oracle Financials for India
TDS
feature
can
support advanced tax determination features, navigation and usability improvements for tax integration with Payables invoices and centralized tax repository which enables powerful reporting capabilities. Slide7
The tax invoice generation on Shipment feature is seamlessly integrated with Shipment event.
Oracle Financial for India Creditors Ledger and India Creditors Trial Balance reports, report architecture has been modified for improved performance.
Users
have
ability to import legacy application computed taxes or use Oracle Financials for India to calculate taxes for receivables and payables transactions on import.Slide8
Receivables
Ability
to review and sweep accounting transactions. The new Sweep Invalid Distributions report shows the details of the accounting exceptions that are holding the period close for review and action. If the amount involved is not material from the reporting perspective and resolving the accounting exceptions is likely to delay the period close then the transactions with invalid accounting can be swept to the next open period.Slide9
Ability
to automate the Auto Lockbox processing. Prior to 12.2.2, the lockbox programs had to be launched manually from the forms. Receivables now allows these programs to be submitted as standard concurrent requests. This allows you to schedule the submission of the program to coincide with the receipt of the file from the bank.
Ability
to programmatically assign a customer to an unidentified receipt via an API.Slide10
Integration
with Aisino Golden Tax system V7.20 on which one Golden Tax transactions can map multiple VAT invoices
VAT invoice types can be defaulted by customer taxpayer types, and user can change the default VAT invoice type on receivable transaction level
Allow to split transaction lines while unit price exceeds maximum VAT invoice amount limit.Slide11
Oracle Environmental Accounting & Reporting
One of the pre-built OBIEE reporting and analytics dashboards supported in EA&R covers the quantitative responses to the Carbon Disclosure Project (CDP
)
The
Carbon Disclosure Project report has been enhanced to support additional questions under the 2011 guidelines
.
The
dashboard can now display: emissions in metric tons, emission factors applied for GHG calculations and their origin; breakdown of Scope 1 and Scope 2 emissions by activity; amount of fuel, electricity, heat, steam, and cooling in MWh consumed by an organization during the reporting year; breakdown of fuel usage by fuel type; year by year comparison of combined Scope 1 and Scope 2
emissions
year by year comparison of Scope 3 emissions by source; and gross combined Scope 1 and 2 emissions for the reporting year in metric tons CO2e per full time equivalent (FTE) employee.Slide12
Enhanced Performance Dashboards:
Pre-built Oracle Business Intelligence Enterprise Edition (OBIEE) dashboards enable the dynamic generation of reports providing insight into an organization’s emissions and other environmental
impacts
The
dashboards provide information on energy usage, emissions, key performance indicators (KPIs), activities and transactions. Users can view graphical representations of the
dataSlide13
Enhanced Key Performance Indicators:
Oracle Environmental Accounting and Reporting enables organizations to create and modify standard and custom industry-specific key performance indicators (KPIs) to measure performance and monitor key environmental metrics such as energy, waste, and
water
Normalize
data to operational metrics and use a drag-and-drop environment in OBIEE to create custom reports
.
In
the 12.2 release it is now possible to set a threshold in the KPI Metrics history page highlighting to users whether the organization is performing above, below or in-line with the targets so that corrective actions can be taken as needed to successfully execute on the organization’s sustainability initiatives.