R12i Oracle Intercompany Orders and Invoicing

Name: R12i Oracle Intercompany Orders and Invoicing
Rating: 4.5 (2 reviews)

Intercompany Invoicing (including IR/ISO) in Oracle E-Business Suite Release 12i

Created byKabeer Khan

Last updated 11/2020

English

What you'll learn

By the end of this course you will be able to learn complete Inter-company business process flow spanning across multiple Operating Units.
It will be useful to anyone who is new to Oracle Inter-company Invoicing and looking for understanding the basic concepts inter-company orders and associated inter-company invoicing across Operating Units.

Course content

5 sections • 47 lectures • 4h 36m total length

Introduction to the Course3:59
Discover intercompany orders and invoicing in Oracle E-Business Suite and Fusion Applications through a real-world workflow across three operating units, covering internal orders, requisitions, fulfillment, and invoicing.
Course Methodology and Assumptions0:51
Who’s this course for?0:40
Course Reviews0:17
Oracle E-Business Suite Release 12.2.71:51
Explore the Oracle E-Business Suite release 12.2.7 instance, learn how to log in, access responsibilities, and navigate forms to view transactions, with optional installation services for intercompany orders and invoicing.

Module Summary1:40
Business Scenario6:58
Discuss about multiple Oracle EBS modules integrated in this demo7:27
Business Process flow for Intercompany Internal Orders8:55
Coordinate intercompany orders and invoicing across Netherlands and France, from sales order to minimax setup, requisitions, picking, packing, shipping, and intercompany invoices.
Discuss about Cost Manager10:52
Discuss about Workflow Background Process8:04
Explore how Oracle intercompany orders trigger workflow background processes from the header to line levels, including running concurrent programs to validate, save, and generate invoices.
Discuss about Min/Max Planning Report3:43
Explore min/max planning to trigger replenishment when on-hand stock falls below minimum, restoring quantity up to the defined maximum, and configure replanning policies and supplier acquisitions.
Pre-requisite checks on GL, PO, INV and AP accounting periods across OU's7:23

Revisit Business Scenario3:55
Enter Sales Order and Lines - in OU-14:53
Revisit intercompany fulfillment and book Sales Order4:26
Run background processes3:54
Review Internal Requisition - in OU-26:02
Run background processes and review Internal SO - in OU-36:57
Pick Release ISO in OU-36:41
Ship ordered items from OU-37:03
Receive items shipped from OU-3 in OU-25:23
Receive items shipped from one operating unit to another using Oracle applications; verify on hand quantity and availability across multi operating units.
Pick and Ship original customer ordered items from OU-25:01
Run background processes6:15
Show newly generated Customer Invoice in OU-13:01

Revisit Business Scenario4:29
Run program to Create Intercompany AR invoice in OU-2 for invoicing OU-15:27
Run a program to create an intercompany AR invoice in OU-2 for invoicing OU-1, configure shipping parameters, and review the log to verify intercompany transactions.
Show newly generated IC Invoice in OU-28:11
Run program to Create Intercompany AP Invoice in OU-1 for paying OU-24:31
Show newly generated IC Invoice in OU-16:16
Show newly generated intercompany invoice in OU-1 and validate accounting entries, then proceed to payment and posting within the intercompany AP invoicing workflow.
Run program to Create Intercompany AR invoice in OU-3 for invoicing OU-23:39
Show newly generated IC Invoice in OU-34:45
Show the newly generated intercompany invoice in OU-3 by querying the interface table, validating two shipment lines, and confirming successful processing of intercompany invoices.
Run program to Create Intercompany AP Invoice in OU-2 for paying OU-33:24
Show newly generated IC Invoice in OU-25:53
Recap and show everything done in the demo under Oracle Applications17:23

Module Summary7:41
Overview of Setups required for Intercompany invoicing8:10
GL – Define Currency and Exchange Rates4:45
GL – Define Ledgers and Intercompany accounts11:05
INV - Define System Profile Options8:53
Define key system profile options for intercompany transactions, including intra-company currency conversion, intercompany invoice for internal orders, and advanced pricing, and assign the responsible operating unit.
INV - Item Setup4:37
Enable and verify inventory item setup to support intercompany orders and invoicing, including customer and internal order flags, pricing, stock, and invoicing attributes across multiple warehouses.
INV - Define Shipping Networks9:53
Define shipping networks in Oracle applications to link origin and destination organizations, manage direct or in transit transfers, and configure related accounting and intercompany invoicing.
INV - Define Intercompany Transaction Flows and Intercompany Relations9:11
INV - Organization Setup8:27
PO - Create Sourcing Rules to support automation of IR/ISO4:13
PO - Create Global Purchase Orders and Requisition Templates5:21
OM - Create Transaction Types4:26
Learn to create and define transaction types in Oracle intercompany orders and invoicing, attach fulfillment flows and shipping settings, and configure cost of goods sold and related accounts.

Requirements

Basic knowledge of Oracle Order Management
Basic knowledge of Oracle Inventory
Basic knowledge of business in the area of Supply Chain and Financials

Description

By the end of this course you will be able to learn complete Inter-company business process flow spanning across multiple Operating Units.

An intercompany transaction is a transaction between two entities in an organization. Oracle enables you to track and reconcile intercompany transaction details across accounts and custom dimensions.

It will be useful to anyone who is new to Oracle Inter-company Invoicing and looking for understanding the basic concepts inter-company orders and associated inter-company invoicing across Operating Units.

The Intercompany Transactions module provides an efficient way to identify, report, and reconcile intercompany account differences. You can enter, match, post, and verify intercompany transactions. With the ability to view transaction detail at any time, you can reconcile intercompany account differences frequently, and thus minimize their impact on the closing cycle. You can also analyse differences due to real errors in transaction currency or differences due to exchange rates.

The transactions that are entered by an intercompany accountant to record transactions within or across legal entities. For example, Legal Entity Vision USA is required to bill Legal Entity Vision UK for some equipment it ordered on behalf of Vision UK. Another example would be if the training department in Vision USA needs to charge the consulting department for training it imparted to the consultants.

Intercompany Transactions in between two Different Ledgers. Legal Entities, Business Units or Inventory Orgs. Example Between IN01 & IN02, IN01 & US01,IN02 &US01,IN01 & US02,US01&US02 and Vice versa. Also Between INLE and USLE ,INBU& USBU , INPLAN & USPLANT)

Who this course is for:

Oracle Functional Consultants
Oracle Techno-Functional Consultants
Business Users

R12i Oracle Intercompany Orders and Invoicing

What you'll learn

Explore related topics

Course content

Introduction5 lectures • 8min

Internal Orders and Intercompany Invoicing8 lectures • 55min

Internal Orders and Intercompany Invoicing - continued12 lectures • 1hr 4min

Generate Intercompany Invoices Across Operating Units10 lectures • 1hr 4min

Intercompany Invoicing Setup12 lectures • 1hr 27min

Requirements

Description

Who this course is for: