Do you love Oracle Finance R12
as much as we do ? Read this full blog with its top features of Oracle Finance
Modules
General Ledger:
. Ledger and
Ledger Sets: Multiple ledger (books) can be maintain.
· Chart of Account: Structured way of accounting.
· Inter-company: Smoothly transaction between two inter companies.
· Bulk journal upload through spread sheet.
· Recurring Journal: Recurring journal with same accounts and amount.
· Control of monthly accounting period so month basis period can closed.
· Amount Allocation: Auto allocating of expenses & revenue on the basis
of ratio.
· Journal Approval Mechanism.
· Foreign Currency Transaction Management.
· Budget Management.
· Translation of Ledger: Same ledger can be seen in multiple currencies.
· Consolidation of Books.
· Integration of all modules of Oracle.
· Reports: Trial Balance Report, Account Analysis Report etc.
Accounts Payable:
· Maintain Suppliers and Supplier Balances.
· All types of invoices can be managed.
· Approval mechanism for invoices.
· Invoice matching with purchase order, receipt & physical verification.
· Recurring invoices generation.
· Payment term for exact point of time payments.
· Hold option for invoicing to stop for payment.
· Auto generation of interest invoice.
· Bulk payment management.
· Employee expense management.
· Control on payable period.
· Tax management through India localization and E-business suite.
· Integration with Purchasing, Project Management and General Ledger.
· Reports: Trial Balance Report, Invoice Register Report, Invoice Aging,
Payment Register etc.
Accounts Receivable:
· Customer and customer balances management.
· All types of invoice management.
· Auto invoice booking from Order Management.
· Invoice tracking on the basis of the Order.
· Managing bill to and ship to locations.
· Payment term for the receipt of amount on time.
· Interest invoice auto generation on due of receipt payment.
· Dunning Letter: Intimation of outstanding balances over the email notification.
· Revenue recognition.
· Auto lock box for generation of the auto receipt.
· Foreign currency transaction management.
· Integration with Order Management and General Ledger.
· Reports: Transaction Register, Aging Report, Receipt Register etc.
Fixed Asset:
· Management of asset with categories.
· Tracking of asset and asset life.
· Depreciation method can manage as business required.
· Auto generation of asset using payable invoices.
· With single invoice multiple asset can be created or visa versa.
· Tracking the supplier and invoice number on the asset.
· Bulk asset creation with spread sheet.
· Addition of the amount in existing asset.
· Auto depreciation of the asset.
· Mass and single retirement of the asset.
· Managing Construction in progress asset (CIP) which will capitalized once
finished.
· Transfer of the asset from one location to another location.
· Adjusting the units in the asset.
· Asset reclassification from one category to another category.
· Tax can be manage on the asset as per government norms.
· Integration with Payables and General Ledger.
· Reports: Asset Register Report, Depreciation etc.
Cash Management:
· Managing bank accounts and balances.
· Reconciliation of bank statement with payment and receipt.
· Auto and manual reconciliation feature.
· Fund transfer from one account to another account.
· Integration with payables, receivable and general ledger.
· Reports: Reconciliation Report, Bank Statement Detail Report etc.
P.S: If you have gained the knowledge with this
blog please share and hit like.
Infidox Technologies Blog..
General Ledger:
. Ledger and Ledger Sets: Multiple ledger (books) can be maintain.
· Chart of Account: Structured way of accounting.
· Inter-company: Smoothly transaction between two inter companies.
· Bulk journal upload through spread sheet.
· Recurring Journal: Recurring journal with same accounts and amount.
· Control of monthly accounting period so month basis period can closed.
· Amount Allocation: Auto allocating of expenses & revenue on the basis of ratio.
· Journal Approval Mechanism.
· Foreign Currency Transaction Management.
· Budget Management.
· Translation of Ledger: Same ledger can be seen in multiple currencies.
· Consolidation of Books.
· Integration of all modules of Oracle.
· Reports: Trial Balance Report, Account Analysis Report etc.
Accounts Payable:
· Maintain Suppliers and Supplier Balances.
· All types of invoices can be managed.
· Approval mechanism for invoices.
· Invoice matching with purchase order, receipt & physical verification.
· Recurring invoices generation.
· Payment term for exact point of time payments.
· Hold option for invoicing to stop for payment.
· Auto generation of interest invoice.
· Bulk payment management.
· Employee expense management.
· Control on payable period.
· Tax management through India localization and E-business suite.
· Integration with Purchasing, Project Management and General Ledger.
· Reports: Trial Balance Report, Invoice Register Report, Invoice Aging, Payment Register etc.
Accounts Receivable:
· Customer and customer balances management.
· All types of invoice management.
· Auto invoice booking from Order Management.
· Invoice tracking on the basis of the Order.
· Managing bill to and ship to locations.
· Payment term for the receipt of amount on time.
· Interest invoice auto generation on due of receipt payment.
· Dunning Letter: Intimation of outstanding balances over the email notification.
· Revenue recognition.
· Auto lock box for generation of the auto receipt.
· Foreign currency transaction management.
· Integration with Order Management and General Ledger.
· Reports: Transaction Register, Aging Report, Receipt Register etc.
Fixed Asset:
· Management of asset with categories.
· Tracking of asset and asset life.
· Depreciation method can manage as business required.
· Auto generation of asset using payable invoices.
· With single invoice multiple asset can be created or visa versa.
· Tracking the supplier and invoice number on the asset.
· Bulk asset creation with spread sheet.
· Addition of the amount in existing asset.
· Auto depreciation of the asset.
· Mass and single retirement of the asset.
· Managing Construction in progress asset (CIP) which will capitalized once finished.
· Transfer of the asset from one location to another location.
· Adjusting the units in the asset.
· Asset reclassification from one category to another category.
· Tax can be manage on the asset as per government norms.
· Integration with Payables and General Ledger.
· Reports: Asset Register Report, Depreciation etc.
Cash Management:
· Managing bank accounts and balances.
· Reconciliation of bank statement with payment and receipt.
· Auto and manual reconciliation feature.
· Fund transfer from one account to another account.
· Integration with payables, receivable and general ledger.
· Reports: Reconciliation Report, Bank Statement Detail Report etc.
P.S: If you have gained the knowledge with this blog please share and hit like.
Infidox Technologies Blog..
No comments:
Post a Comment