Introduction/ Issue: Organizations operating across multiple countries and currencies require accurate financial reporting in more than one currency. In Oracle Fusion Financials, finance teams often face confusion between Reporting Currency…
Read MoreIntroduction/ Issue: Modern finance teams using Oracle Fusion Financials deal with large transaction volumes, tight close timelines, compliance pressure, and growing expectations for real-time insights. Traditional rule-based processes and…
Read MoreIntroduction/ Issue: Oracle ERP Cloud customers have a need to close their books every period, quarter and/or year. This paper provides guidance on the period-end close procedures for Oracle Cloud…
Read MoreIntroduction/ Issue: How to define Auto reversal journal setup Purpose of Auto Reversal: Auto Reversal in Oracle Fusion is used to automatically reverse journal entries that need to be cancelled…
Read MoreERP Cloud Financials Fusion – Cash Management Auto Reconciliation Introduction Bank Statement Reconciliation – Match Statement Lines and Transactions – Automatic and Manual Reconciliation – 1 to 1, 1 to…
Read MoreCreating a Supplier in Oracle Fusion Creating a supplier in Oracle Fusion involves several key steps to ensure accurate setup and integration within your procurement processes. Here’s…
Read MoreIntroduction/ Issue In this document we shall see how to perform SPLIT in Fixed asset Split Divide an asset into separate units. Use the Split Assets routine to divide an…
Read MoreHi All Introduction: Depreciation This Blog will explain about the Deprecation calculations What is Depreciation? Assets calculates depreciation using either the recoverable cost or the recoverable net book value as…
Read MoreIntroduction/ Issue Revaluation is a process of adjusting the accounted value of foreign currency denominated balances according to current conversion rates. Revaluation adjustments represent the difference in the value of…
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