D000PTGC10 Activity Guide Final

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Oracle Financials Cloud:

Financials Implementation for R11
Activity Guide
D000PTGC10
Edition 1.0 | June 2016
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Author
Kathryn Wohnoutka
This book was published using: oracletutor

Table of Contents
Practices for Lesson 1: Introduction to Oracle Cloud Financials Implementation .....................................1-1
Practices for Lesson 1....................................................................................................................................1-2
Practices for Lesson 2: Introducing Oracle Fusion Navigation ...................................................................2-1
Practices for Lesson 2: Overview .........................................................................................................................2-2
Practice 2-1: Getting Started in Oracle Fusion Applications ...........................................................................2-6
Practice 2-2: Exploring Infolets and Infotiles...................................................................................................2-12
Practices for Lesson 3: Overview of Oracle Fusion Functional Setup ........................................................3-1
Practice 3-1: Browsing Offerings ....................................................................................................................3-3
Practice 3-2: Configure Offerings Demonstration ........................................................................................... 3-4
Practice 3-3: Creating an Implementation Project .......................................................................................... 3-6
Practices for Lesson 4: Security Overview .................................................................................................... 4-1
Practice 4-1: Defining Role Mapping ..............................................................................................................4-3
Practice 4-2: Creating a User ...............................................................................................................................4-5
Practice 4-3: Creating an Employee ....................................................................................................................4-7
Practice 4-4: Using the Security Console .......................................................................................................4-10
Practices for Lesson 5: Discussing the Vision Story and Common Applications......................................5-1
Practices for Lesson 5....................................................................................................................................5-2
Practices for Lesson 6: Configuring Enterprise Structures .............................................................................6-1
Practice 6-1: Reviewing Shared Components ................................................................................................ 6-3
Practice 6-2: Entering Data in the Rapid Implementation Spreadsheet .............................................................6-5
Practice 6-3: Uploading the Chart of Accounts File ........................................................................................6-10
Practice 6-4: Verifying Deployment Was Successful Demonstration ..............................................................6-11
Practice 6-5: Uploading the Ledger, Legal Entity, and Business Unit File ......................................................6-12
Practice 6-6: Reviewing an Existing Legal Jurisdictions .................................................................................6-13
Practice 6-7: Reviewing Legal Addresses for Legal Entities and Reporting Units ..........................................6-14
Practice 6-8: Creating a Legal Authority .........................................................................................................6-15
Practice 6-9: Searching for Your Legal Entity .................................................................................................6-16
Practice 6-10: Viewing a Legal Reporting Unit ...............................................................................................6-18
Practices for Lesson 7: Configuring General Ledger Components.............................................................7-1
Practice 7-1: Searching for Your Value Sets ..................................................................................................7-3
Practice 7-2: Searching for Your Chart of Accounts Structure and Instance ..................................................7-4
Practice 7-3: Deploying a Chart of Accounts Demonstration ..........................................................................7-6
Practice 7-4: Creating an Account Shorthand Alias........................................................................................7-7
Practice 7-5: Entering Values ...............................................................................................................................7-8
Practice 7-6: Searching and Completing Your Accounting Hierarchy .............................................................7-9
Practice 7-7: Publishing Accounting Hierarchy ...............................................................................................7-11
Practice 7-8: Creating an Account Combination .............................................................................................7-12
Practice 7-9: Defining Cross-Validation Rules ................................................................................................7-14
Practice 7-10: Verifying Your Calendar................................................................................................................7-17
Practice 7-11: Reviewing and Creating Currencies ........................................................................................7-18
Practice 7-12: Creating Conversion Rate Types ............................................................................................7-19
Practice 7-13: Entering Daily Rates .....................................................................................................................7-20
Copyright © 2016. Oracle and/or its affiliates. All rights reserved.
Oracle Financials Cloud: Financials Implementation for R11 Table of Contents

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Practice 7-14: Entering a Currency Conversion Journal .................................................................................7-22
Practice 7-15: Searching for Your Ledger ...........................................................................................................7-23
Practice 7-16: Verifying Your Ledger Options ................................................................................................7-24
Practice 7-17: Verifying Your Legal Entities and Balancing Segments Assignments .....................................7-26
Practice 7-18: Defining Reporting Currencies .....................................................................................................7-27
Practice 7-19: Completing the Ledger Configuration ......................................................................................7-29
Practice 7-20: Creating a Ledger Set...................................................................................................................7-30
Practice 7-21: Reviewing Data Access Set Security ......................................................................................7-31
Practice 7-22: Creating Data Access Set Security .........................................................................................7-32
Practice 7-23: Opening the First Accounting Period ...........................................................................................7-34
Practice 7-24: Creating and Generating an Allocation Rule ...........................................................................7-35
Practice 7-25: Creating a Revaluation ............................................................................................................7-54
Practices for Lesson 08: Configuring Oracle Fusion Intercompany............................................................8-1
Practices for Lesson 8: Overview.........................................................................................................................8-2
Practice 8-1: Settung Up a New Rule Demonstratoin..................................................................................... 8-3
Practice 8-2: Viewing Intercompany Balancing Rules and Secondary and Clearing Company
Balancing Options ..........................................................................................................................................8-5
Practice 8-3: Creating an Intercompany Batch .............................................................................................. 8-8
Practice 8-4: Submitting and Reviewing Reconciliation Reports ........................................................................8-12
Practices for Lesson 09: Configuring Financial Reporting ..........................................................................9-1
Practices for Lesson 9: Overview.........................................................................................................................9-2
Practice 9-1: Viewing a Financial Report from the Financial Reporting Center .................................................9-3
Practice 9-2: Creating a Financial Report: Defining a Grid .............................................................................9-5
Practice 9-3: Creating a Financial Report: Adding a Formula for Total Expenses ............................................9-14
Practice 9-4: Creating a Financial Report Defining a Rolling 12-Period Column...............................................9-17
Practice 9-5: Creating a Financial Report: Defining the Grid and User Point of View Dimensions .................9-26
Practice 9-6: Creating a Financial Report: Setting Properties.........................................................................9-31
Practice 9-7: Creating a Financial Report: Adding a Logo and Title ...............................................................9-36
Practice 9-8: Reviewing a Report .........................................................................................................................9-38
Practice 9-9: Using Infolets Demonstration ....................................................................................................9-41
Practice 9-10: Setting up the General Accounting Expense Infolet Demonstration ........................................9-42
Practice 9-11: Viewing an Account Group from the Financial Reporting Center Demonstration ....................9-46
Practices for Lesson10: Configuring Business Units and Reference Data Sets ........................................10-1
Practices for Lesson 10: Overview .................................................................................................................10-2
Practice 10-1: Viewing Your Business Unit .........................................................................................................10-3
Practice 10-2: Viewing the Assigned Business Unit Functions .......................................................................10-4
Practice 10-3: Creating a Reference Data Set ....................................................................................................10-5
Practice 10-4: Managing Your Business Unit Set Assignment .......................................................................10-6
Practice 10-5: Provisioning Data Roles ...............................................................................................................10-7
Practices for Lesson 11: Configuring Oracle Fusion Tax.............................................................................11-1
Practice 11-1: Viewing a Calculated Tax on a Payables Transaction Demonstration .....................................11-3
Practice 11-2: Creating a US Sales Tax Using the Tax Configuration Workbook ...........................................11-5
Practice 11-3: Creating a VAT Tax Using the Tax Configuration Workbook (Optional) ..................................11-10
Practice 11-4: Using the Tax Simulator to Test a Payables Transaction ........................................................11-16
Practice 11-5: Enabling Your Tax for Transactions ........................................................................................11-18
Practices for Lesson 12: Configuring Oracle Fusion Subledger Accounting .............................................12-1

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Practice 12-1: Creating Three Account Rules .....................................................................................................12-3
Practice 12-2: Creating a Description Rule ....................................................................................................12-6
Practice 12-3: Creating Two Journal Line Rules .................................................................................................12-8
Practice 12-4: Creating a Journal Entry Rule Set................................................................................................12-10
Practice 12-5: Duplicating and Modifying an Accounting Method ......................................................................12-12
Practice 12-6: Reviewing Accounting for a Payables Invoice .........................................................................12-15
Practices for Lesson13: Configuring Oracle Fusion Payables ....................................................................13-1
Practice 13-1: Defining Your User as a Procurement Agent...........................................................................13-3
Practice 13-2: Creating a Payment Term.............................................................................................................13-5
Practice 13-3: Managing Common Options for Payables and Procurement...................................................13-8
Practice 13-4: Managing Invoice Options .......................................................................................................13-10
Practice 13-5: Managing Payment Options ....................................................................................................13-12
Practice 13-6: Managing Distribution Sets .....................................................................................................13-13
Practices for Lesson 14: Configuring Oracle Fusion Payments: Payables ................................................14-1
Practices for Lesson 14: Configuring Oracle Fusion Payments: Payables ........................................................14-2
Practice 14-1: Creating Banks, Branches, and Accounts Using a Spreadsheet. ..............................................14-3
Practice 14-2: Creating a Payment Document for a Bank Account ................................................................14-5
Practice 14-3: Creating a Disbursement Payment File Format .......................................................................14-6
Practice 14-4: Creating the Transmission Configuration ................................................................................14-7
Practice 14-5: Creating a Payment System .........................................................................................................14-8
Practice 14-6: Creating a Payment Method....................................................................................................14-10
Practice 14-7: Creating a Payment Process Profile........................................................................................14-13
Practice 14-8: Submitting a Payment Process Request .....................................................................................14-14
Practices for Lesson 15: Configuring Oracle Fusion Receivables ..............................................................15-1
Practice 15-1: Reviewing Receivables System Options .................................................................................15-3
Practice 15-2: Reviewing AutoAccounting Rules ................................................................................................15-6
Practice 15-3: Reviewing Remit-to Addresses ....................................................................................................15-7
Practice 15-4: Reviewing Receivables Activities .................................................................................................15-8
Practice 15-5: Reviewing Statement Cycles ........................................................................................................15-9
Practice 15-6: Creating a Customer Profile Class ..........................................................................................15-10
Practice 15-7: Creating a Customer ...............................................................................................................15-13
Practice 15-8: Defining a Transaction Type ...................................................................................................15-14
Practice 15-9: Defining a Transaction Source ................................................................................................15-16
Practice 15-10: Creating Banks, Branches, and Accounts Using a Spreadsheet .............................................15-18
Practice 15-11: Creating a Receipt Class and Receipt Method ......................................................................15-20
Practice 15-12: Creating a Receipt Source .........................................................................................................15-22
Practices for Lesson 16: Configuring Oracle Fusion Payments: Receivables ...........................................16-1
Practices for Lesson 16..................................................................................................................................16-2
Practices for Lesson 17: Configuring Oracle Fusion Cash Management ...................................................17-1
Practice 17-1: Managing Bank Statement Transaction Codes ...........................................................................17-3
Practice 17-2: Managing Bank Statement Transaction Creation Rules ..........................................................17-5
Practice 17-3: Managing Bank Statement Reconciliation Matching Rules .....................................................17-6
Practice 17-4: Managing Bank Statement Reconciliation Tolerance Rules ....................................................17-7
Practice 17-5: Managing Bank Statement Reconciliation Rule Sets...............................................................17-8
Practice 17-6: Assigning a Rule Set to a Bank Account .................................................................................17-9

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Practice 17-7: Performing a Bank Statement Reconciliation with Autoreconciliation ......................................17-10
Practices for Lesson 18: Configuring Oracle Fusion Advanced Collections ..............................................18-1
Practice 18-1: Getting Started with Advanced Collections Demonstration .....................................................18-3
Practice 18-2: Creating an Aging Method. ......................................................................................................18-5
Practice 18-3: Creating a Collector and a Resource ......................................................................................18-7
Practice 18-4: Reviewing Dunning Templates Demonstration ...........................................................................18-9
Practice 18-5: Creating a Strategy Task.........................................................................................................18-10
Practice 18-6: Creating a Strategy .................................................................................................................18-11
Practices for Lesson 19: Configuring Assets ................................................................................................ 19-1
Practice 19-1: Updating an Existing Assets Configuration .............................................................................19-3
Practice 19-2: Review Asset Key Flexfields Demonstration ...........................................................................19-6
Practice 19-3: Define Values for Major and Minor Category ..........................................................................19-7
Practice 19-4: Define Values for Asset Clearing and CIP Clearing Accounts .................................................19-9
Practice 19-5: Review Asset System Control Options ....................................................................................19-10
Practice 19-6: Define Values for Asset Clearing and CIP Clearing Accounts .................................................19-11
Practice 19-7: Managing Fiscal Years ............................................................................................................19-12
Practice 19-8: Managing Asset Calendars .....................................................................................................19-13
Practice 19-9: Managing Prorate Conventions ...............................................................................................19-15
Practice 19-10: Managing Asset Books..........................................................................................................19-16
Practice 19-11: Managing Asset Categories ..................................................................................................19-18
Practice 19-12: Provisioning Data Roles to the User Account............................................................................19-23
Practices for Lesson 20: Configuring Oracle Expenses with Rapid Implementation.................................20-1
Practice 20-1: Reviewing the Expenses System Options ...............................................................................20-3
Practice 20-2: Creating an Expense Report Template ...................................................................................20-5
Practice 20-3: Modifying Approval Rules Demonstration ...............................................................................20-8
Practice 20-4: Setting Warning and Error Limits on a Conversion Rate Demonstration .................................20-12
Practice 20-5: Viewing a Conversion Rate Policy Warning and Error.............................................................20-13
Practice 20-6: Setting Up a Car Rental Policy ................................................................................................20-15
Practice 20-7: Setting Up an Airfare Policy ....................................................................................................20-18
Practice 20-8: Setting Up a Miscellaneous Expense Policy............................................................................20-20
Practice 20-9: Setting Up a Meals Expense Policy.........................................................................................20-22
Practice 20-10: Setting Up a Mileage Expense Policy....................................................................................20-24
Practice 20-11: Setting Up an Accommodations Expense Policy ...................................................................20-27
Practice 20-12: Setting Up a Corporate Card Program ..................................................................................20-30
Practice 20-13: Creating a Corporate Card Program ..........................................................................................20-32
Practice 20-14: Setting Up a Corporate Card Usage Policy Warning Demonstration.......................................20-34
Practice 20-15: Creating Receipt and Notification Rules ....................................................................................20-35

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Practices for Lesson 1:
Introduction to Oracle Cloud
Financials Implementation
Chapter 1
Practices for Lesson 1: Introduction to Oracle Cloud Financials Implementation

Chapter 1 - Page 1
Practices for Lesson 1
There are no practices for this lesson.
Practices for Lesson 1: Introduction to Oracle Cloud Financials Implementation

Chapter 1 - Page 2
Introducing Oracle Fusion
Navigation
Chapter 2
Practices for Lesson 2: Introducing Oracle Fusion Navigation

Chapter 2 - Page 1
Practices for Lesson 2: Overview
Practices Overview
In these practices, you will be:
 Getting Started in Oracle Fusion Applications.
 Exploring Infolets and Infotiles.
Use the following usernames with the password assigned by OU Operations for all activities
unless otherwise specified.
 Students: FASXX.Student where XX = 01 to 30
 Instructors: FASXX.Instructor where XX = 00, 99
If the Navigator does not allow scrolling or closes before you can get to the items that are at the
bottom of the box, use the following work around:
 Use Internet Explorer (IE).
 Use F11 function to maximize the screen.
 Use Control and Scroll Down to minimize screen.

Chapter 2 - Page 2
Practice 2-1: Getting Started in Oracle Fusion Applications
Overview
In this practice you are introduced to Oracle Fusion Applications and the basic navigation
features.
Assumptions
Sign in as your FASXX.Student user as assigned by the instructor.
Tasks
1. Select Applications Login for all labs unless otherwise instructed.

Chapter 2 - Page 3
2. Sign in as Your User (as assigned by the instructor).
3. Click the Sign in button.

After you sign in, you start on the Welcome Springboard, which contains one or more
icons that allow you to access application pages directly.
4. Click on the Receivables group icon to see the pages available.
5. The global area at the top of the page is always available no matter where you are in
Oracle Fusion Applications.

Chapter 2 - Page 4
6. Use the menus, icons, and tabs at the top in the Global Area provide access to features
relevant to any page in Oracle Fusion Applications.
7. Use the Accessibility icon to set accessibility preferences. You can also access
preferences through the Personalization menu found under your username.
8. Use the Show Help icon to toggle on or off Oracle Fusion Applications Help. The Help
icons appear within pages when toggled on and give you access to page or field-related
help topics.
9. The Search icon in the global area lets you run a quick keyword search and, from the
search results, navigate to the page that contains what you are looking for.
10. Click In the Search field. A window opens with Recent Items and Recent Searches.

Chapter 2 - Page 5
11. Click the Personalize gears in the upper right hand corner of the Search window to open a
window where you can narrow your search by groups or categories.
12. Enter Navigate in the search field and click Enter.

13. Review the topics that appear. Open one of the topics.
14. Close the topic and the Search Results window.

Chapter 2 - Page 6
15. Select your username to open the Setting and Actions menu > Set Preferences. You can
set other preferences such as time zone and language. Also, where available, you can
personalize the content and layout of the current page.
16. Click the Applications Help link on the Settings and Actions menu. A new tab opens on
the browser.
17. Enter Work Areas in the search box. Click Search.
18. Click on Help Type and deselect everything but Video.
19. Click Apply.
20. Click and watch the video Exploring Work Areas.
The video does not run within the Oracle University and some client firewalls. Note the
name and search for it on Google on your laptop.
21. Close the page that opened to display help.
22. Click the Navigator icon > General Accounting: Journals. If required, select the US
Primary Ledger Data Access Set. The Journals work area appears.
Note: A work area contains the complete set of tasks, reports, embedded analytics,
searches, or other content that you need to accomplish the tasks associated with a
business goal. Work areas consist of many regions.
 The local area is where you do your work.
 The Tasks icon in the upper right corner opens the Panel on the right where you
can select actions, searches, or reports.
23. Check the Data Access Set under the title, Journals, at the top of the page.

Chapter 2 - Page 10
24. If it is not set to US Primary Ledger, click the Change link next to the Data Access Set
and select US Primary Ledger.
25. Click the Tasks panel tab to open the Tasks Panel.
26. Click the Manage Journals link.
27. In the Search region, enter Accounting Period: 01-15.
28. Click the Search button.
29. Click the first Journal link.
30. After the journal loads, click the first journal line.
31. Click the Refresh icon in the contextual pane on the far right side of the page.
Note: When you select a record, any contextual information for the record is displayed in
the contextual area on the right hand side of the work area. The contextual area content
is driven by what you do in the local area.
Note: The Balances pane (contextual area) is displayed and can show additional
information specific to the selected journal line.
As needed, you can resize or collapse the regional or contextual area to dedicate more
space to the local area.
32. Click the Collapse Pane button in the center of the page on the right.
33. Click the Home icon.
34. Click your username and then the Sign Out link to sign out to end your session of Oracle
Fusion Applications.

Chapter 2 - Page 11
Practice 2-2: Exploring Infolets and Infotiles
Overview
In this practice, you will learn explore Infolets and infotiles to help monitor your close and daily
activates.
Assumptions
Sign in as Casey.Brown and the assigned password.
Tasks
1. Navigate to: Home page > Page Control dot for General Accounting Infolets.
2. Hover over the center of the Close Calendar infolet to view the accounting period Start and
End Dates.
3. Click the More link in the Open Subledgers infolet to view the status of the general ledger
and all associated subledgers.
4. Click Done to close.
5. Click the Back View arrow on the bottom right of the Journals infolet.
6. Click the Expanded View double arrow on the bottom right of the Journals infolet to view
more journal details. Example of the Expanded View.

Chapter 2 - Page 12
7. Click on the AP Reconciliation or AR Reconciliation infolet.
A quick click shows a highly graphic visualization in the form of a waterfall chart that
bridges the difference between the subledger and the GL balances. For example:
8. Click the View Report link on the bottom of the chart.

9. Click Done to close all open pages and return to the General Accounting infolet page.
10. Click on the Page Control dot to return to the Welcome Springboard.
11. Click the Payables icon to open the Payables springboard strip.
12. Click on the Invoices icon.
13. Click on the arrow at the bottom of the Holds infotile to see the detailed table information
change.
14. Click the Home icon to return to the Welcome Springboard.
15. Select the name Casey.Brown and click Sign Out.
16. Log back in using your FASXX.Student User as assigned by your instructor.

Chapter 2 - Page 13

Chapter 2 - Page 14
Overview of Oracle Fusion
Functional Setup
Chapter 3
Practices for Lesson 3: Overview of Oracle Fusion Functional Setup

Chapter 3 - Page 1
Practices Overview
 Browsing Offerings.
 Configuring Offerings Demonstration
 Creating an Implementation Project.
Use the following usernames with the password assigned by OU Operations for all activities
unless otherwise specified.
 Students: FASXX.Student where XX = 01 to 30
 Instructors: FASXX.Instructor where XX = 00, 99

Chapter 3 - Page 2
Practice 3-1: Browsing Offerings
Overview
In this practice, you will understand the Oracle Fusion Offerings.
You are an Implementation manager for your Oracle Fusion Financials implementation. In
preparation for implementation, you need to review the Financials offering.
Assumptions
Tasks
1. Sign in as Your User (as assigned by the instructor).
2. Navigate to: Setup and Maintenance.
3. Select the Financials offering and notice how the About section becomes About
Financials.
4. Click on one of the following links for more details:
 Offering Content Guide describes all processes related to this offering.
 Associated Features shows a list of features and functionality of this offering that
can optionally be implemented.
 Setup Task Lists and Tasks show a complete list of all setup tasks, including
prerequisites that should be performed to make this offering ready for transaction.
 Related Business Objects shows a complete list of all setup data, including
prerequisites that should be entered for this offering.
 Related Enterprise Applications shows a list of all J2EE applications required to
setup this offering.

Chapter 3 - Page 3
Practice 3-2: Configure Offerings Demonstration
Overview
In this demonstration, the instructor will be:
 Reviewing the Configure Offerings page.
 Expanding the offering to see the Financial options.
 Viewing the Setup Tasks page.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Financials offering > Actions > Change
Configure button to make changes to an offering.
You must have the Application Implementation Manager or Application Implementation
Consultant role to have permission to configure offerings.
2. Select the Financials > Enable for Implementation checkbox option, if not selected, to
specify which offerings and options are applicable to your implementation. Your selection
affects how Functional Setup Manager generates setup tasks for your implementation. All
tasks needed to set up your selection are included in the auto generated task list. Tasks
that are not needed by the offerings and options you have selected are excluded.
3. Click the Description icon on Financials offering to view a description of the offering.
The Financials implementation has been started, so you see a status of In Progress.
4. Click the In Progress option to review the options.
5. Click the Done button.
Expand the Offerings

6. Click the Expand > Financials link to see the modules
Note: An Oracle Fusion Applications implementation may include all, none, or any
combination of modules.
7. Select Features icon on Expenses to see optional or alternative business processes,
which might apply to your Oracle Fusion Applications implementation. Some of the
features may have other dependent features. You select progressively for those dependent
features.
8. Click Done.
9. You are now ready to generate setup tasks and start implementing the offerings of your
choice.
View Setup Tasks

10. Click the Setup button.
11. Select Legal Structures functional area.
12. Click Shared to see the other offerings sharing the task.
13. Click Done.
14. Click the drop down arrow icon to see links to other options.
15. Change the Show list of values to All Tasks to see required and optional tasks.

Chapter 3 - Page 4
16. Optionally, you can set Scope in this page. In this example, the scope value is the legal
entity that you create or select to work within for your legal entity setup.

Chapter 3 - Page 5
Practice 3-3: Creating an Implementation Project
Overview
In this practice, you create an implementation project. An implementation project defines the
scope of the implementation. You can have the implementation project populated by adding one
or more related offerings or task lists.
In this example, you will be adding the Financials offering and required product task lists.
Assumptions
Tasks
1. Log in as Your User.
2. Navigate to: Setup and Maintenance > Implementation Projects.
3. Click the Create icon on the toolbar in the Search Results region.
4. Change the default name to: XXImplementation Project, replacing XX with the number
assigned to you by your instructor.
5. As you press the Tab key to move out of the Name field, the Code and Description fields
are populated for you. Leave all default values.
6. Click the Next button. The Create Implementation Project: Select Offerings to
Implement page appears.
7. Expand the Financials offering.
8. Select the Include check box for Financials, and all of the nested offerings.
9. Click Save and Open Project.

10. Expand the Financials task list and view the implementation tasks that were included in the
Financials offering.
11. Click the Select and Add icon.
12. Enter Name: %Rapid%.
13. Click Search.
14. Select Define Financials Configuration for Rapid Implementation.
15. Click Apply.

Chapter 3 - Page 6
16. Click Done.
17. Click on the Define Hyperion Financial Management Configuration task list.
18. Click the Delete icon.
19. Click Done to close the Manage Implementation Projects page.

Chapter 3 - Page 7

Chapter 3 - Page 8
Security Overview
Chapter 4
Practices for Lesson 4: Security Overview

Chapter 4 - Page 1
Practices Overview
 Defining Role Mapping.
 Creating a User.
 Creating an Employee.
 Using the Security Console.
Note: If you are a Financials only customer, use the Manage Users page to enter users and
employees. This enables approvals because you need to assign a Department, Manager,
Position, and so on to the user depending on how you want to structure your approval rules.
If implementing Financials and HCM, then use the Hire New Person page as we are showing in
this practice.

Chapter 4 - Page 2
Practice 4-1: Defining Role Mapping
Overview
In this practice, you will define a role mapping before you create users to automatically assign,
reassign, and remove roles from users based on the conditions you specify.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage HCM Role Provisioning Rules
2. In the Manage Role Mappings page, click the Create icon.
3. Specify a Mapping Name: XXAccounting Manager.
4. Specify the following conditions that apply to automatically assign roles to users as they get
hired, change jobs, or change managers.
 Legal Employer: US1 Legal Entity.
 Business Unit: US1 Business Unit.
 Job: Accounting Manager.
 System Person Type: Employee.
 User Person Type: Employee.
 Assignment Status: Active – Payroll Eligible.
Note: See the following screenshot for an example.

Chapter 4 - Page 3
5. In Associated Roles click the Add Row icon.
6. Assign the Role Name: General Accountant US Primary Ledger.
For subledger users, the data role should have the business unit context. For GL users, the
data role should have the data access set context.
7. If not already selected, select the Autoprovision check box.
8. Click Save and Close.
9. Click OK.
10. Click Done.
Note: Run the Autoprovision Roles for All Users process if you want the system to
automatically provision this role to all users who do not already have the role assigned.
Navigate to: Tools > Schedule Processes > Schedule New Process > search for
Auto% > select Autoprovision Roles for All Users > OK > OK > Submit > OK > Close.

Chapter 4 - Page 4
Practice 4-2: Creating a User
Overview
In this practice, you will create a user.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Users.
2. Click the Create icon.
3. Enter the user details:
 Last Name: Manager.
 First Name: XXAccounting.
 Email: XXaccounting.manager@vision.com.
 User Name: XXAccounting.Manager where XX is the number assigned by your
instructor.
 Person Type: Employee.
 Business Unit: US1 Business Unit.
 Job: Accounting Manager.

Chapter 4 - Page 5
4. Click the Autoprovision Roles button.
You should see the Employee and the General Accountant US Primary Ledger roles as
defined.

6. Sign Out.

Chapter 4 - Page 6
Practice 4-3: Creating an Employee
Overview
In this practice you will create employees from HCM’s Hire an Employee page.
Note: The Person defining a new user in HCM should first have following roles assigned to
him in Fusion.
Assumptions
Tasks
1. Navigate to: My Workforce > New Person.
2. Click on the Tasks panel tab and click the Hire an Employee link.
3. Enter the following required fields:
 Accept default Hire Date.
 Accept default Hire Action: Hire.
 Last Name: Employee
 First Name: XXUser (where XX is the number assigned by your instructor.)
4. Click Next.
Note: If you get a Matching records window, click Continue.

Chapter 4 - Page 7
5. Enter Address details: 100 Main Street, Genoa, TX 77034 Harris County. Hint: Type in
the street address and then the postal code to have the system complete the rest of the
address.
6. Under E-Mail Details, click Add Row.

7. Click Type: Work E-Mail
8. Enter E-Mail: XXUser.Employee@oracle.com.
9. Click Next.
10. Select Business Unit: US1 Business Unit.
11. Enter Department: Accounting US.
12. Enter Location: Chicago.
13. Scroll down and expand Expenses Information. (This is needed for Expense Reporting.)
14. Enter the Default Expense Account: 101.10.60501.121.000.000

Chapter 4 - Page 8
15. Expense Check Send-to Address: Home
16. Click Next. The Employee role is automatically assigned.

17. Click Next. If you get an error message, click OK.
18. Click Submit.
19. Click Yes.
20. Click OK to proceed.
21. Navigate to: Directory > Directory.
Note: If you can’t see the entire Navigator. Use Control and Scroll Down to minimize
screen.
22. Click on the Search icon and search for your employee name. Click on your name to see
details.

Chapter 4 - Page 9
Practice 4-4: Using the Security Console
Overview
In this practice, you will copy a role.
Assumptions
Tasks
1. Navigate to: More…Tools > Security Console.
2. Search for the Accounts Payable Manager.
3. Select the drop down arrow.
4. Select Copy Role.
5. Select Copy top role > click Copy Role.

6. Add your XX to the end of the Role Name and the Role Code.
7. Click Next.
8. Click in the box at the end of the first row.
9. Select Remove Data Security Policy.
10. Click in the box at the end of the second row.
11. Select Edit Data Security Policy.
12. Review the data and click OK without making any changes.
13. Click Next.

Chapter 4 - Page 10
14. Review the hierarchy.
15. Click Next.
16. Click Add User: XXUser.Employee.
17. Search for your user.
18. Click Add User to Role.
19. Click OK and Cancel.
20. Click Next.
21. Review the summary report.
22. Click Submit and Close.

Chapter 4 - Page 11

Chapter 4 - Page 12
Discussing the Vision Story
and Common Applications
Chapter 5
Practices for Lesson 5: Discussing the Vision Story and Common Applications
Chapter 5 - Page 1
Practices for Lesson 5: Discussing the Vision Story and Common Applications
Chapter 5 - Page 2
Configuring Enterprise
Structures
Chapter 6
Practices for Lesson 6: Configuring Enterprise Structures

Chapter 6 - Page 1
Job Title*
Practices Overview
 Reviewing Shared Components.
 Entering Data in the Rapid Implementation Spreadsheet.
 Uploading the Chart of Accounts File.
 Verifying Deployment Was Successful Demonstration.
 Uploading the Ledger, Legal Entity, and Business Unit File.
 Reviewing an Existing Legal Jurisdiction.
 Reviewing Legal Addresses for Legal Entities and Reporting Units.
 Creating a Legal Authority.
 Searching for Your Legal Entity.
 Viewing a Legal Reporting Unit.
Instructor Setup: Disable the cross-validation rule.

1. Navigate to: Setup and Maintenance > Manage Cross-Validation (Hint: Enter “Cross” in
the search field.)
2. Select the US Chart of Accounts.
3. Search.
4. Uncheck the Enabled check box.
5. End date with yesterday’s date in the To Date.
6. Save and Close.

Chapter 6 - Page 2
Practice 6-1: Reviewing Shared Components
Overview
In this practice, you review the chart of accounts, calendar, and currencies (called the 3 Cs) as
well as journal source and category setup that are shared across the ledger and related
subledgers by creating a journal entry.
Assumptions
Tasks
1. Navigate to: General Accounting > Journals.
2. Verify you are in the Data Access Set: US Primary Leger. The Data Access Set controls
the ledger and data you have access to.
3. Click the Create Journals link.
4. Enter a Journal Batch name: XXAdjustment and a Description: Adjustment to the cash
account.
5. What Accounting Period is defaulting? .This is the current open
period in the ledger’s calendar.
6. What is the default journal Source?
7. Enter the same name and description in the Journal region.
8. Click the Currency list icon to see the enabled currencies.
9. Click the Category list icon to see the predefined categories.
10. Select the Category: Adjustment.
11. In the Journal Lines region, click the Select: Account icon at the end of the Account field
on Line 1 in the Journal Lines region to show the segments and default values of an
accounting flexfield. The Account is created by combining segment values from your chart
of accounts setup.
12. Select 11200 Cash in the Account segment.

Chapter 6 - Page 3
13. Click OK. The account is displayed with a segment separator you can define between each
segment value.
14. Enter 1000 in the Debit column. This amount is posted to the Cash account when the
journal is posted.
15. Tab twice to complete the line.
16. Click the Select: Account icon on Line 2 and select 11101 USBNK Checking Account.
17. Click OK.
18. Enter 1000 in the Credit column. Tab twice to complete the line.
19. Click the Post button to save and post the journal entry.
20. Click OK in the confirmation approval message.
21. Click the Cancel button to exit the page.

Chapter 6 - Page 4
Practice 6-2: Entering Data in the Rapid Implementation Spreadsheet
Overview
In this practice, you will enter data to create your chart of accounts, ledger, legal entity, and
calendar replacing XX with the number assigned by your instructor.
Rapid implementation is a way to configure the Oracle Fusion Financial Enterprise and
Financial Reporting Structures quickly using sheets in a workbook to upload lists of companies
(legal entities), ledgers, business units, chart of account values, and other similar data.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Create Chart of Accounts, Ledger, Legal
Entities, and Business Units in Spreadsheet
2. Click Open. The Instructions tab opens first. It contains instructions on loading the data
and uploading the spreadsheet.
3. Click the Options button in the Security Warning immediately under the ribbon menu bar
and select the Enable this content option if the option appears.
4. Save the file to the Desktop and name
XXRapidImplementationForGeneralLedger(1).xlsm.
5. Click the COA, Calendar, and Ledger tab on the bottom of the spreadsheet.
6. Enter the following data or select from drop-down lists on available fields. Save often.
Field Value
*Name XXLedger
*Currency USD
Period Frequency Monthly
*Adjusting Periods Once at year end
*Fiscal Year Start Date 01/01/YYYY where YYYY is the current year
*Segment Segment Label *Short *Display

Prompt Width
XXCompany Primary Balancing Segment CO 2
XXDepartment Cost Center Segment DEP 3
XXAccount Natural Account Segment ACCT 4
XXIntercompany Intercompany Segment IC 2

Chapter 6 - Page 5
7. Save.
8. Click the Add Segment Sheets to add a worksheet for the cost center segment called
XXDepartment.
9. Save.
10. Click the Business Units tab.
11. Enter Name: XXBusiness Unit.
12. Enter Default Legal Entity Name: XXVision Corporate HQ
13. Save.
14. Click the Companies and Legal Entities tab and enter:
Note: This table has the field names going across and the line data going down. For
example, Line 1 is Parent 1:99, Company Description: Total Company.
Column Line 1 Line 2 Line 3
Parent 1 99
*Child Value 00 01
*Company Total Corporate Domestic

Description Company Operations
Legal Entity XXVision XXVision

Name Corporate HQ America
Legal Entity XX-1234568 XX-1234569

Identifier
Address for Country: United States Address

first legal entity: Line:XX101 Main Street
City: Houston State: TX Country:
Harris Province: NA Postal Code:
XX003
Address for Country: United States Address Line:

first second XX102 Main Street
entity: City: Houston State: TX Country:
Harris Province: NA Postal Code:
XX003
*Legal Entity XX-1234568 XX-1234569

Registration
Number
*Legal XX-1234568 XX-1234569

Reporting Unit
Registration
Number

Chapter 6 - Page 6
15. Save.
16. Click the Natural Accounts tab and enter:
Account Financial
Column Value Description
Type Category
Owner’s
Parent 2 9999 Total Parent
Equity
Parent 1 1000 Total Assets Asset
*Child Value 1110 Cash Asset-Cash Cash
Accounts Asset- Accounts

*Child Value 1210 Accounts
Receivable Receivable receivable
Allowance for Bad Accounts

*Child Value 1260 Asset
Debt receivable
Asset- Accounts
*Child Value 1350 Prepayment
Prepayments payable
Total Trade
Parent 1 2000 Liability
Payables
Accounts Liability- Accounts

*Child Value 2210 Accounts
Payable Payable payable
Contracts Accounts
*Child Value 2220 Liability
Payable payable
Expense Accrual Accounts

*Child Value 2230 Liability
Distribution payable
Accounts
*Child Value 2640 Sales Tax Liability
payable
Total Owner’s Owner’s

Parent 1 3000
Equity Equity
Retained Owner’s Equity Retained

*Child Value 3310 – Retained
Earnings Earnings earnings
Translation Owner’s Other equity

*Child Value 3500
Adjustment Equity related

Chapter 6 - Page 7
Account Financial
Column Value Description
Type Category
Parent 1 4000 Total Revenue Revenue
Technology
*Child Value 4110 Revenue Sales revenue
Sales
Financing
*Child Value 4120 Revenue Sales revenue
Contracts
Parent 1 5000 Total Expense Expense
*Child Value 5105 Salaries Expense Sales payroll
Other
*Child Value 5120 Suspense Expense operating
expenses
Expense -
Realized
Realized Gain/Loss on Other sales
*Child Value 5130
Gain/Loss Foreign expenses
Currency
Conversions
Expense –
*Child Value 5610 Freight Freight Expense
Freight
Expense - Miscellaneous
*Child Value 5620 Miscellaneous Miscellaneous operating
Expenses expenses
Expense -
Other sales
*Child Value 7790 Discount Taken Discount
expenses
Taken
Expense -
Conversion Rate
Conversion Other sales
*Child Value 7890 Variance
Rate Variance expenses
Gain/Loss
Gain/Loss
Expense -
Rounding Rounding
Other sales
*Child Value 7990 Difference and
Differences expenses
Balancing
Adjustments
17. Save.

Chapter 6 - Page 8
18. Click the Financial Sequences tab and enter:
Transactions Restart Initial Value
Payables Invoices Annually 1
Payments
Receivables Invoices Annually 1
Receivables Credit Memos Annually 1
Receivables Adjustment Annually 1

Activities
Subledger Journals Annually 100
General Ledger Journals Annually 1
19. Save.
20. Click the XXDepartment tab and enter:
Column Value Child Value Description

Name
Parent1 999 Total Departments
*Child Value 000 Balance Sheet
*Child Value 110 Administration
*Child Value 120 Sales
*Child Value 400 Corporate
21. Save.
22. Return to the COA, Calendar and Ledger tab.
23. Click Step 1: Validate.
24. Correct any errors and validate again until all errors are fixed.
25. Click the Step 2: Generate Chart of Accounts File button.
26. Save to the Desktop and name the file:XXChartOfAccounts.zip.
27. Click the Step 3: Generate Ledger, LE, and BU File button.
28. Save to the Desktop and name the file: XXFinancialsCommonEntities.zip.
29. Close the spreadsheet.

Chapter 6 - Page 9
Practice 6-3: Uploading the Chart of Accounts File
Overview
In this practice, you upload the Chart of Accounts file created from the rapid implementation
spreadsheet.
Assumptions
You are uploading the Chart of Accounts file created from your spreadsheet data in the
previous activity. The application will use this upload to create the chart of accounts structure,
instance, value sets, and values.
Tasks
1. Navigate to: Setup and Maintenance > Upload Chart of Accounts.
2. Use the Data File: Browse button to find your XXChartOfAccounts.zip file.
3. Click Submit.
4. Click OK
5. Click Done
6. Navigator > Tools > Scheduled Processes.
7. Verify that the process was completed without errors or warnings. Status should be
Succeeded.
8. If your spreadsheet completes with an error, click the Name of the process.
9. Click the name of the Attachment in the Log and Output region at the bottom of the
window that opens on under the list of processes.
Common errors are:

 Parent and child data not entered correctly.
 Extra spaces after some of the values.
 Incomplete data.
10. Double check the data and fix any errors in the spreadsheet.
11. Re-create the files and upload again.
12. Click No to the information window question.

Chapter 6 - Page 10
Practice 6-4: Verifying Deployment Was Successful Demonstration
Overview
In this demonstration, the instructor verifies that all charts of accounts key flexfield were
deployed successfully. Wait for all the students to finish their chart of accounts.
Note: Deployment runs automatically as of Release 11.
Assumptions
The deployment process runs automatically and deploys all charts of accounts key flexfields in
the instance. If there are errors, fix the errors including completing incomplete chart of accounts.
Continue running the process until it completes successful.
Tasks
1. Navigate to: Setup and Maintenance > Manage Chart of Accounts Structure Instances
> Click Search > Deploy Flexfield.
2. Click the Search button without entering in the search fields.
3. Use the scrollbar to move to the right to look for the column called Deployment Status.
4. Verify that a green check mark appears under the Deployment Status column.
5. If there are errors, fix the errors including completing incomplete chart of accounts.
Continue running the process until it completes successful.
 Click the Deploy Flexfield button.
 Monitor Deployment Status.
 When 100% is reached, click the OK button.

Chapter 6 - Page 11
Practice 6-5: Uploading the Ledger, Legal Entity, and Business Unit
File
Overview
In this practice, you will learn how to upload the Ledger, Legal Entity, and Business Unit file
created from the rapid implementation spreadsheet.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Upload Ledger, Legal Entities, and Business
Units.
2. Use the Browse button to find your XXFinancialsCommonEntities.zip file.
3. Click Submit.
4. Click Ok in the confirmation message.
5. Click Done to close.
6. Navigator > Tools > Scheduled Processes.
7. Verify that the process completed without errors. Use the refresh button if needed until the
process completes.
Note: If your spreadsheet completes with an error:
8. Click the Name of the process.
9. Click the name of the Attachment in the Log and Output region at the bottom of the
window that opens on under the list of processes.
Common errors are:
 Parent and child data not entered correctly.
 Extra spaces after some of the values.
 Incomplete data.
10. Double check the data and fix any errors in the spreadsheet.
11. Re-create the files and upload again.

Chapter 6 - Page 12
Practice 6-6: Reviewing an Existing Legal Jurisdictions
Overview
In this practice, you will review legal jurisdictions. Legal jurisdictions and related legal authorities
are defined to support multiple legal entity registrations.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Legal Jurisdictions.
2. Select Income Tax in the Legislative Category list.
4. Sort ascending the Name column.
5. Select the link for one of the legal jurisdiction to view the details.
6. View the following fields:
 Name.
 Territory.
 Legislative Category. Hover over the label Legislative Category to see the
embedded help: This represents the type of law associated with a given registration.
 Identifying: Yes indicates the first jurisdiction a legal entity must register with to do
business in a country.
 Start Date is optional. You can also add an End Date to indicate a date that the
jurisdiction may no longer be used.
 Legal Entity Registration Code.
 Legal Reporting Unit Registration Code.
 Legal Functions. Optionally, you may enter one of more.
7. Select Cancel.

Chapter 6 - Page 13
Practice 6-7: Reviewing Legal Addresses for Legal Entities and
Reporting Units
Overview
In this practice, you will review an existing legal address for legal entities and reporting units.
A legal address is the address a legal entity or reporting unit uses to register with a legal
authority. A legal entity and reporting unit may use different addresses for different authorities
and hence, may have more than one registered address. This legal address must be located
within the territory entered.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Legal Addresses.
2. Search Country: United States.
3. Select a row header for an address entry.
4. Select Edit.
5. View the Location Update fields.
6. Click Cancel to close the Location Update window.
7. Do not save any updates.
8. Click Cancel to close the Manage Legal Addresses window.

Chapter 6 - Page 14
Practice 6-8: Creating a Legal Authority
Overview
In this practice, you will create a legal authority.
Assumptions
1. Navigate to: Setup and Maintenance > Manage Legal Authorities.
2. Click Create.
3. Enter Name: XXLegal Authority, replacing XX with the number assigned to you by your
instructor.
4. Enter Tax Authority Type: Collecting and reporting.
5. In the Address region, select Create.
6. The Site Number is automatically assigned.
7. Enter Address Line 1, 121 Spear Street, Suite 400.
8. Enter Postal Code: 94105. The remainder of the address fields populate for you.
Optionally, Enter Address Purposes Details

9. Select Add Row.
10. Select Purpose: Business.
11. The Purpose from Date will default to today's date.
12. Select OK to close the Create Address window.
13. In the Legislative Categories region, select Create.
14. Enter Legislative Category: Local Tax.
15. Select Save and Close.

Chapter 6 - Page 15
Practice 6-9: Searching for Your Legal Entity
Overview
In this practice, you will review and edit your legal entity and legal entity registration that were
created when you uploaded your spreadsheet.
You define a legal entity for each registered company or other entity recognized in law for which
you want to perform intercompany trading, record assets, liabilities, and income, or pay
transaction taxes.
A legal entity registration is the record of a party's identity related details with the appropriate
government or legal authorities for the purpose of claiming and ensuring legal and or
commercial rights and responsibilities.
A legal entity registration with the same name as that of the legal entity will be created by
default.
Assumptions
Working within an implementation project is required because you must select a scope value
from within the implementation project. In this example, the scope value is the legal entity that
you create or select to work within for your legal entity setup.
Tasks
1. Navigate to: Setup and Maintenance > Define Legal Entities for Financials.
2. In order to review your legal entity, click the hyperlink in the Selected Scope column for
the Manage Legal Entity task.
3. The Select Scope window appears.
4. Select Search Legal Entities radio button.

5. Click Apply and Go to Task button.
6. Search Name: XX.
7. You are now on the Manage Legal Entities page.
8. Select your legal entity, XXVision America, and click the Edit icon.
9. If your legal entity needs to be registered to report payroll tax and social insurance, select
the Payroll statutory unit check box.
10. If your legal entity has employees, select the Legal employer check box.
11. If the legal entity is a legal employer, but not a payroll statutory unit, check the flags
accordingly. You will need to select the payroll statutory unit for the attribute that becomes
mandatory.

Chapter 6 - Page 16
13. To set the scope to the new legal entity, click the hyperlink in the Selected Scope column
for the Manage Legal Entity Registrations.
14. The Select Scope window appears. With the Manage Legal Entity Registrations option
selected, select Select and Add from the Legal Entity drop down list.
16. Search and select your XXVision America.
17. Click the Save and Close button on the very bottom of the window.
18. Manage Registrations page opens. If it does not open, perform the following steps:
19. Click Done.
 Select Manage Legal Entity Registrations. The name of your XXVision America
should appear in the page next to the page title.
 If not, go back and set Scope again.
20. Select the row header for Registered Name: XXVision America.
21. Select Edit to view the Legal Entity Registration details. View the fields.
22. Click Cancel.

Chapter 6 - Page 17
Practice 6-10: Viewing a Legal Reporting Unit
Overview
In this practice, you will learn how to create a reporting unit.
When a legal entity is created, a legal reporting unit with the same name as that of the entity is
also automatically created.
Assumptions
Tasks
Legal Reporting Unit

1. Navigate to: Setup and Maintenance > Define Legal Reporting Units for Financials.
2. Expand Define Legal Reporting Units for Financials.
3. To set the scope for the legal entity, click the hyperlink in the Selected Scope column for
the Manage Legal Reporting Unit.
4. The Select Scope window appears.
5. Select the Manage Legal Reporting Unit option.

6. Select Legal Entity: XXVision America.

Chapter 6 - Page 18
7. Select Legal Reporting Unit drop down box: Select and Add.
8. Click Apply
9. Select the row header for XXVision America.

10. Click the Save and Close button in the very bottom of the window.
The name of your XXLegal Entity should appear in the page next to the page title. If not, go
back and set scope again.
11. View the details.
12. Click Cancel.

Chapter 6 - Page 19

Chapter 6 - Page 20
Configuring General Ledger
Components
Chapter 7
Practices for Lesson 7: Configuring General Ledger Components

Chapter 7 - Page 1
Practices Overview
 Searching for Your Value Sets.
 Searching for Your Chart of Accounts Structure and Instance.
 Deploying a Chart of Accounts Demonstration.
 Creating an Account Shorthand Alias
 Entering Values.
 Searching and Completing Your Accounting Hierarchy.
 Publishing Accounting Hierarchy
 Creating an Account Combination.
 Defining Cross-Validation Rules.
 Verifying Your Calendar.
 Reviewing and Creating Currencies.
 Creating Conversion Rate Types.
 Entering Daily Rates.
 Entering a Currency Conversion Journal
 Searching for Your Ledger.
 Verifying Your Ledger Options.
 Verifying Your Legal Entities and Balancing Segments Assignments.
 Defining Reporting Currencies.
 Completing the Ledger Configuration.
 Creating a Ledger Set.
 Reviewing Data Access Set Security.
 Creating Data Access Set Security.
 Opening the First Accounting Period.
 Creating and Generating an Allocation Rule.
 Creating a Revaluation.

Chapter 7 - Page 2
Practice 7-1: Searching for Your Value Sets
Overview
In this practice, you will view your three values sets for your chart of accounts: XXCompany,
XXDepartment, and XXAccount replacing XX with your initials.
Value sets are created as the first step in the chart of accounts configuration. The value sets are
then assigned to the chart of accounts instance. Do not create values until after assigning your
values sets in chart of accounts segments because this step is needed to establish which value
set attributes should be exposed for setting when defining a value.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Chart of Accounts Value Sets.
2. Search for your value sets. Enter Value Set Code: XX.
3. Click Search.
4. Click the Edit button to look at each value set.
5. Select the Uppercase only check box for each value set.
6. Click Save and Close button twice.

Chapter 7 - Page 3
Practice 7-2: Searching for Your Chart of Accounts Structure and
Instance
Overview
In this practice, you will search for your chart of accounts structure and structure instance called
XXLedger, created from your spreadsheet. The Chart of accounts structure defines the
framework for one or more chart of accounts instances.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance >Manage Chart of Accounts Structures.
3. Select Key Flexfield Name: Accounting Flexfield.
4. Click the Manage Structures button. The Manage Key Flexfield Structures page opens.
5. Enter Structure Code: XX.
6. Click the Search button to find your structure.
7. Click the Edit icon.
8. Pick a segment and click Edit icon to see the assigned Segment Label.
9. Click the Cancel button twice.
10. Click Done once. Remain on the page.
Search for your chart of accounts instance called XXLedger.

11. Click the Manage Structure Instances button.
12. Enter Structure Instance Code: XX.
13. Click the Search button to find your structure instance code.
14. Click Edit icon.
15. Add the word Instance to the name of the instance so reads: XXLedger Instance.

Chapter 7 - Page 4
16. Check the Shorthand alias enabled check box.
17. Pick a Segment Code and click Edit button to see the assigned structure instance
options.
18. Click the Cancel button.
19. Click the Save and Close button.
20. Click the Done button twice.

Chapter 7 - Page 5
Practice 7-3: Deploying a Chart of Accounts Demonstration
Overview
In this demonstration, your instructor deploys all charts of accounts key flexfield if updates have
been made to the class charts of accounts instance in the previous lab. Wait for all students to
finish updating their chart of accounts instance. Then run the process.
Caution: Only one person has to do this, but if you are not in a classroom setting, run the
process to be able to use your updated chart of accounts.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Chart of Accounts Structures.
3. Use the scroll bar to move to the right.
4. Look for the column called Deployment Status.
5. Click the icon under the heading. Field indicates Edited or Patched which means there has
been activity on the Accounting Flexfield.
6. Click the Deploy Flexfield button.
7. Monitor deployment status.
8. When 100% is reached, click the OK button.
9. Verify that a green check mark appears under the Deployment Status column.

Chapter 7 - Page 6
Practice 7-4: Creating an Account Shorthand Alias
Overview
In this practice, you will create an account shorthand alias to speed data entry.
Assumptions
Tasks
1. Tasks
2. Navigate to: Setup and Maintenance > Manage Shorthand Aliases.
3. Select the Chart of Accounts: XX Ledger Instance.
4. Click Search.
5. Click the Add Row icon.
6. Name: Cash.
7. Company: 01
8. Department: 110
9. Account: 1110
10. Intercompany: 00
11. Description: Alias for Cash Account.
12. Enabled: Yes
13. Start Date: Today's Date
14. Click Save.

15. Click the Export to Excel icon to view your shorthand aliases in Excel.
16. Close the Excel sheet.
17. Click Cancel.
The Open Period practice tests your alias.

Chapter 7 - Page 7
Practice 7-5: Entering Values
Overview
In this practice, you will enter the valid values into your value sets.
After the value sets have been added to the newly created chart of accounts structure and
structure instance, the values can be entered for each value set attached to a segment in the
chart of accounts. You are not creating combinations, only the lists of individual values that will
appear in the list of values of each segment.
Caution: Do not add values to value sets before attaching the value set to the newly created
chart of accounts structure and structure instance as your values will be invalid.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Chart of Accounts Value Sets.
2. Search for your XXAccount XXLedger value set.
3. Click the Manage Values button.
4. Click the Search button to see your values you uploaded with the spreadsheet.
5. Click the Create icon to enter your values.
Note: Enter the values carefully because if the cash account is misclassified as Expense
instead of Asset and closed to retained earnings at the end of an accounting year, the
balance is reduced to zero instead of being carried forward into the next year.
6. Accept the Third Party Control Account default value of No on all values.
Note: The Reconciliation Flag is not used as it is out of scope of V1; therefore, the values
are set to No by default.
7. Save and Close between each value entered and click the Create icon again.
Value Description Account Financial Category

Type
9110 Headcount (STAT) Asset
9910 Default Intercompany Liability

9. Click Done.

Chapter 7 - Page 8
Practice 7-6: Searching and Completing Your Accounting Hierarchy
Overview
In this practice, you will verify the account hierarchy that your company will use with your
cross-validation rules and revaluations.
Assumptions
Tasks
Search for Your Tree

1. Navigate to: Setup and Maintenance > Manage Account Hierarchies.
Search, create, and edit your account hierarchies.
2. Select your hierarchy that was created from the spreadsheet: XXCompany XXLedger.
3. Click the Edit icon to review the definition of your tree.
4. Click OK in the Update Tree warning message.
Use the Manage Account Hierarchies: Specify Definition page to define the basic details
of the tree.
5. In the Data Source Parameters: Click the Expand button to expand the Accounting
Flexfield Hierarchy Detail Values and Accounting Flexfield Hierarchy Parent Values
rows.
6. Review the information in the Bind_ValueSetCode field on both levels: XXCompany XX
Ledger.
This is the Value Set name and there is no list of values. When entering, you have to type
the name in exactly as it is set up in database, or you do not see any values.
7. Click the Next button to navigate through the next two pages.
8. Click the Cancel button to return to the Manage Account Hierarchies page. Remain on
the page.
Search for Your Tree Version

9. Select and expand your tree.
10. Select your tree version XXCompany XXLedger Current by clicking the row header at the
beginning of the name.
The file upload from the spreadsheet created two versions, one called current and the other
called base to enforce generation of the fully qualified name and minimization of changes in
the future.
11. Click the Edit icon to review your account hierarchy.
12. Click OK in the Update Tree warning message.
13. Click the Next button.
14. Answer Yes if you get a warning message.
15. Expand the parent node 99 to see the children.
Complete the Account Hierarchy

Chapter 7 - Page 9
17. Highlight your tree version that now says Draft.
18. Click the Actions menu > Audit.
19. Use the Audit Results region to start the Audit process. After the audit is performed, the
status of the tree version can be set to active.
20. Click the Online Audit button to start the Audit process.
21. Click the OK button to acknowledge the message when the process finishes.
23. Highlight your tree version again.
24. Click the Actions menu > Flatten menu > Column Flattening. Column flattening optimizes
parent-child information for run-time performance by storing an additional column in a table
for all parents of a child.
25. Click the Online Flattening button.
26. Select to OK button to acknowledge the message when the process finishes.
28. Highlight your tree version again.
29. Click the Actions menu > Flatten menu > Row Flattening. Row flattening optimizes
parent-child information for run-time performance by storing additional rows in a table.
30. Click the Online Flattening button.
31. Click the OK button to acknowledge the message when the process finishes.
33. Highlight your tree version.
34. Use the Actions menu > Set Status menu > Active to activate the tree.
35. Click the OK button to acknowledge the message.
36. Verify that your tree version is now set to Active.

Chapter 7 - Page 10
Practice 7-7: Publishing Accounting Hierarchy
Overview
In this practice, you will verify your account hierarchy that was created by your spreadsheet for
your company to use with your cross-validation rules and revaluations.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Publish Account Hierarchies >.
2. Use the Publish Account Hierarchies page to search and publish account hierarchies.
3. Click the Chart of Accounts field.
4. Select XXLedger Instance from the list.
6. Expand the XXCompany XXLedger row.
7. Click on the XXAccount XXLedger Current and Base tree versions rows.
8. Scroll across and verify that the Publish check box is selected for each tree versions.
9. If not, click the Publish button.
Note: It may take a minute or two to see the change.

Chapter 7 - Page 11
Practice 7-8: Creating an Account Combination
Overview
In this practice, you will create an account using a spreadsheet for your sales cost center and
salaries account in your chart of accounts.
Account combinations contain a completed set of segment values that uniquely identifies an
account in the chart of accounts.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Account Combinations.
2. Select your chart of accounts from the Chart of Accounts list.
3. Click Search.
4. Select the Create in Spreadsheet button.
5. Select Open.
6. Answer Yes to the question: Do you want to connect?
7. Sign in with your FASXX.student and password.

If you get a message saying the versions are not the same, select OK and proceed. This
message has no effect on the success of the spreadsheet upload.

Chapter 7 - Page 12
8. Enter 01-120-5105-00 in the appropriate cells.
9. Click the Submit button.
10. Accept the default and click OK.
11. If successful, the Row Status shows Row inserted successfully.
12. Return to the Manage Account Combinations page and Search.

13. Your new account should appear in the list.

Chapter 7 - Page 13
Practice 7-9: Defining Cross-Validation Rules
Overview
In this practice, you will enter a new cross-validation rule using a spreadsheet to prevent your
XXLedger for using cost center 120 with any account except revenue account 4110 in an
account combination.
Cross-validation rules prevent specific combinations of segment values in your account
combinations. For example, preventing a particular cost center from being combined with a
specific company value. Cross-validation rules only affect the creation of new account
combinations.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Create Cross Validation Rules in Spreadsheet.
(Hint: type “Cross” in the search field)
2. Select Open.
3. Answer Yes to the question: Do you want to connect?
4. Sign in with your FASXX.student and password.

If you get a message saying the versions are not the same, select OK and proceed. This
message has no effect on the success of the spreadsheet upload.

Chapter 7 - Page 14
5. Select XXLedger Instance chart of accounts
6. Enter Name: XXCVR and an optional Description: Revenue Rule.
7. Enter Error Message: XXAccount: For Department 120, only use account 4110. .
When the rule is evaluated, an account combination must contain 4110 for department 120
or the account combination is not created.
8. Enter Condition Filter Segment: XXDepartment.
9. Enter Condition Filter Values: 120. The cross-validation rule evaluates if Department 120
was entered and if it is the defined value, then, the validation process continues to evaluate
the rule.
Note: If you do not specify any statement in the condition filter, then the rule is always
evaluated.
10. Enter the Validation Filter Segment: XXAccount.
11. Enter Validation Filter Values: 4110.
12. Tab out of the entry rows.

14. Accept the default setting and click OK.
15. If successful, the Row Status shows Row inserted successfully.
16. Navigate to: Setup and Maintenance > Manage Cross-Validation Rules.
17. Select your Chart of Account: XXLedger Instance.
18. Review your rule and its filters by clicking on the View Filter icon.
Test Cross-Validation Rule:

20. Navigate to: Setup and Maintenance > Manage Account Combinations.

Chapter 7 - Page 15
21. Select your XXLedger Instance.
23. Enter 00-120-2220-00.
24. Save. Your error message appears.
25. Click OK to dismiss the message.
26. Click Cancel to exit the Manage Account Combinations page.

Chapter 7 - Page 16
Practice 7-10: Verifying Your Calendar
Overview
In this practice, you will verify that your accounting calendar starting January 1, 2013 and
ending December 31st each with one adjusting period at the end of the year.
Your company, Vision Corporation implementing Oracle Fusion Financials and has created an
accounting calendar using the rapid implementation spreadsheet process to add to the primary
ledger to record journal entries and to control reporting.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Accounting Calendars.
Use the Manage Accounting Calendars page to create and edit calendars.
2. Select your XXLedger calendar.
3. Click Edit to review what has been created by spreadsheet.

Chapter 7 - Page 17
Practice 7-11: Reviewing and Creating Currencies
Overview
In this practice, you will verify that USD, GBP, and CAD are enabled.
Your company, Vision Corporation, has a ledger currency of United States dollars (USD), and is
doing business with suppliers in:
 Canada in Canadian dollars (CAD).
 Ultraland, a new country which uses Ultraland dollars (ULD).
 You also have intercompany transactions with your Vision UK Banking, Ltd entity,
which uses Great Britain pounds sterling (GBP).
Assumptions
Tasks
Reviewing Currencies
1. Navigate to: Setup and Maintenance > Manage Currencies.
2. Enter USD currency in the Currency Code.
3. Click Search button.
4. Click Expand icon to see details.
5. Repeat for CAD and GBP.
Creating Currencies
6. Click the New icon or use Action > New.
7. Enter Currency Code: XXULD.
8. Enter Currency Name: XXUltraland Dollars.
9. Enter Description: Currency for Ultraland.
10. Click the Enabled check box to start using the currency, if not checked.
11. Enter the first day of the current month in the Start Date.
12. Click the Save button.
13. Click the Expand icon and accepted defaults.
14. Click Save and Close button.
15. After all the students have completed creating their currencies; the instructor does the
following steps:
 Navigator to: Tools > Scheduled Processes.
 Search for and run: Create Currency Dimension Members.

Chapter 7 - Page 18
Practice 7-12: Creating Conversion Rate Types
Overview
In this practice, you will create a new conversion rate type for your payables transactions called
XXSPCORP.
Your company, Vision Corporation, has a ledger currency of United States dollars (USD), and
needs different conversion rate types for your payables and receivables transactions with
Ultraland, which uses Ultraland dollars (ULD).
 For receivables, use your corporate conversion rate types.
 For payables, use a special corporate conversion rate type.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Conversion Rate Types.
2. Click the Add row icon.
3. Enter XXSPCORP in the Name field.
4. Enable Enforce Inverse Relationship and Enable Cross Rates.
5. Enter your currency XXULD as the Cross Rate Pivot Currency.
6. Add USD and CAD as the contra currencies by clicking the Add Row button in the Contra
Currencies region.
8. Click Done.

Chapter 7 - Page 19
Practice 7-13: Entering Daily Rates
Overview
In this practice, you will enter and view your daily rates.
Your company, Vision Corporation, has a ledger currency of United States dollars (USD), and is
doing business with Ultraland, which uses Ultraland dollars (ULD).
Assumptions
To use the Daily Rates spreadsheet, ADF Desktop Integrator (DI) must be installed first.
Note: In the classroom, ADFdi is already installed so skip to step.5.
1. In the application, navigate to: Tools > Download ADF Desktop Integrator.
2. Click on the file that opens.
3. Click setup.exe.
4. Follow the prompts.


Chapter 7 - Page 20
Tasks
5. Navigate to: Setup and Maintenance > Manage Daily Rates or General
Accounting: Period Close > Manage Currency Rates:
6. Click the Daily Rates tab.
7. Open a spreadsheet template using the Create in Spreadsheet button.
8. Answer OK in the box that opens. Answer Yes to the second box.
9. Sign in with your instance User Name and Password.
10. Enter the following daily rates data:
 *From Currency: USD.
 *To Currency: XXULD.
 *Conversion Rate: XXSPCORP.
 *From Conversion: 1st day of the current month.
 *To Conversion Date: Last Day of the current month.
 *Conversion Rate: 56.
11. Submit icon to submit the spreadsheet.
12. Click the OK button in the Submission box and the options box that follows.
13. Verify that the Record Status shows that the rows inserted successfully.
14. Click OK to the submission confirmation message.
15. Close the spreadsheet and return to the Oracle Fusion environment.
16. When asked if you want to save the spreadsheet click No.
View Your Rates

17. Click the Daily Rates tab.
18. Enter From Currency: USD.
19. Enter To Currency: XXULD.
20. Enter Rate Date: Current accounting period beginning and ending dates.
21. Click Search.
22. Review your rates.
23. Click Done.

Chapter 7 - Page 21
Practice 7-14: Entering a Currency Conversion Journal
Note: The instructor or one student must turn off Journal Approval before the practice is
performed.
1. Navigate to: Setup and Maintenance > Search for Journal Sources.
2. Select Go to Task icon on the Manage Journal Sources.
3. Uncheck the Require Journal Approval check box.
Overview
In this practice, you create and post a foreign currency journal.
Your company, Vision Corporation has a ledger currency of United States dollars (USD), and is
doing business with a new country has been created in Eastern Europe, Ultraland, which uses
Ultraland dollars (ULD) as it national currency. You need to create a journal entry for a payables
transaction that was booked to the wrong account.
Assumptions
Tasks
4. Navigate to: General Accounting: Journals
5. Select the US Primary Ledger data access set.
6. Click on Create Journal.
7. Create a journal batch named XX_AP Correction for the latest open period.
8. Name the journal entry XX_AP Correction and enter Accrual for the Category. Choose
the XXULD currency defined in a previous activity.
9. Enter today’s date as the Conversion Date and the Conversion Rate Type: XXSPCORP.
10. Enter the following journal lines:
Account Debit Credit Description

101.10.22100.000.000.000 10,567.00 Correction of department for payables
transaction.
101.10.59410.110.000.000 10,567.00 Correction of department for payables
transaction.
11. Post the journal batch.
The XXULD amount is converted to the ledger currency USD amount automatically in the
Accounted fields.

Chapter 7 - Page 22
Practice 7-15: Searching for Your Ledger
Overview
In this practice, you will search for your primary ledger.
The primary ledger is the main record keeping ledger and consists of the chart of accounts,
calendar, currency, and accounting method.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Primary Ledgers.
2. Note the name of your primary ledger, chart of accounts, calendar, and currency.
3. Click Done.

Chapter 7 - Page 23
Practice 7-16: Verifying Your Ledger Options
Overview
In this practice, you will enter the settings list below for your ledger's options.
Setting ledger options is one of the most important tasks in configuring your ledgers.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Define Accounting Configurations.
2. Click Select in the Specify Ledger Options: Selected Scope column.
3. Select the Specify Ledger Options option.
4. In the Specify Ledger Options field, select Select and Add.
5. Click the Apply and Go to Task button.
6. Select your XXLedger US from the list.
7. Scroll to the bottom and click the Save and Close button.
8. Setting Accounting Calendar Region Options
9. Review the Accounting Calendar that defaults from your ledger.
10. Note that Jan-XX is the First Open Period for your ledger.
11. Enter 3 for the Number of Future Enterable Periods.
12. Selecting the Subledger Accounting Region Options
13. Accept the default Accounting Method from your ledger.
14. Select US American English as your Journal Language.
15. Completing the Period Close Region Options
16. Verify your Retained Earnings Account: 00-000-3310-00.
Note: If the field is not populated, enter the account.
17. Enter Cumulative Translation Adjustment Account: 00-000-3500-00.
Specifying the Journal Processing Region Options
Specify the Balance options:

18. Click to enable Suspense: General Ledger.
19. Click to enable Suspense: Subledger Accounting.
20. Enter Default Suspense Account: 00-400-5120-00.
21. Enter Rounding Account: 00-400-7990-00.
22. Enter Entered Currency Balancing Account: 00-400-7990-00.
23. Enter Balancing Threshold Percent: 0.
Enable all of the following Entry options:

24. Notify when prior period journal is entered.
25. Allow mixed statistical and monetary journals.
26. Validate reference date.
27. Separate journals by accounting date during journal import.

Chapter 7 - Page 24
For Intercompany options:
28. Select Enable intercompany accounting.
29. Click OK to close the confirmation window.
For Reversal options:

30. Leave the Journal Reversal Criteria Set blank. You can select any predefined criteria set
from the list of values in the Journal Reversal Criteria Set at any time.
31. Deselect the Run AutoReverse after open period check box. You can return to this page
and enable this option later.
32. Leave the Synchronize Reversals between Primary and Secondary Ledger deselected:
Enable this option to automatically reverse the corresponding journal in the secondary
ledger when a journal in the primary ledger is manually reversed.
For Sequencing options:

33. Leave the default of Sequencing By of No sequencing to not use sequencing.
34. Leave Enforce Document Sequencing set to None.
35. Select No for Enforce chronological order on document date if you don’t require
chronological sequences.36.
36. Click Save and Close to go back to your implementation project.

Chapter 7 - Page 25
Practice 7-17: Verifying Your Legal Entities and Balancing Segments
Assignments
Overview
In this practice, you will review your ledger configuration to verify which legal entities and
balancing segments have been assigned when your spreadsheet was uploaded.
 Assign your legal entities to your ledgers to limit your ledger transactions to just those
legal entities.
 Assign your balancing segment values to your legal entities. After assignment, all
balancing segment values are available for journal and transaction processing.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Define Accounting Configurations.
Note: Scope should be set to your XXLedger US during the Verify Your Ledger options
activity. If not, then set scope:
2. Click Assign Legal Entities.
3. In the Primary Ledger field, select Select and Add.
4. Click the Apply and Go to Task button.
5. Select your XXVision America from the list.
6. Scroll to the bottom and click Save and Close button.
Verify Your Legal Entity and Balancing Segment Assignments

7. Click Assign Legal Entities.
8. Verify your legal entities XXVision Corporate HQ and XXVision America are assigned.
10. Click Assign Balancing Segment Values to Legal Entities.
11. Verify your balancing segments are assigned automatically:
00: XXVision Corporate HQ
01: XXVision America

Chapter 7 - Page 26
Practice 7-18: Defining Reporting Currencies
Overview
In this practice, you will set up reporting currencies tied to your XXPrimary Ledger.
A reporting currency is linked to a primary or secondary ledger, and is maintained at one of
three data conversion levels.
Assumptions
Tasks
1. Set up reporting currencies tied to your XXPrimary Ledger.
2. Navigate to: Setup and Maintenance > Define Ledgers > Manage Reporting
Currencies.
4. Name: Enter XXReporting Currencies.
5. Currency Conversion Level: Select Journal.
6. Currency: Enter GBP.
7. In the Ledger Options region.
8. First Open Period: Enter Jan-XX where XX equals the current year.
9. Rounding Account: Accept default of 00-110-7990-00.
10. Revaluation Basis: Accept the default of Entered currency.
11. Enable journal approval: Do not select.
In the Currency Translation Options region

12. Default Conversion Rate Type: Corporate.
13. Retain Transaction Rate Type: Yes
14. In the Error Handling region:
15. Missing Conversion Rate: Click Use last rate.
16. Number of Days to Find Last Rate: 30.
In the Journal Conversion Rules region view the default settings:

17. Retain Journal Creator from Source Ledger: Yes.
18. Journal Source: Other.
19. Journal Category: Other.
20. Convert Journals to this Reporting Currency: Yes.
Data Conversion
21. First Future Period to Convert Journals: Select the first period in the list of values.
22. Historical Conversion: Retain Original Conversion Rate Type: Select Yes to use the
rate type entered on the original transaction to convert the transaction to the reporting
currency.
Sequencing
23. Sequencing By: No sequencing.

Chapter 7 - Page 27
24. Enforce Document Sequencing: None.
25. Click Save and Close twice.

Chapter 7 - Page 28
Practice 7-19: Completing the Ledger Configuration
Overview
In this practice, you will complete your ledger configuration by running the Review and Submit
Accounting Configuration.
Submit the Review and Submit Accounting Configuration to complete your ledger
configuration. A new standard balances cube is created when an accounting configuration is
submitted for a primary or secondary ledger that uses to a new unique combination of chart of
accounts and calendar.
Note: This process runs by primary ledger and processes related secondary ledgers, reporting
currencies, and legal entities.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Review and Submit Accounting Configuration.
2. Select your ledger XXLedger US.
4. Click OK to close the Confirmation window.

Chapter 7 - Page 29
Practice 7-20: Creating a Ledger Set
Overview
In this practice, you will create a ledger set using your XXPrimary Ledger and XXReporting
Currencies.
Ledger Sets enable you to group multiple ledgers that share the same chart of accounts and
calendar combination.
Assumptions
1. Navigate to: Setup and Maintenance > Manage Ledger Sets.
2. Click the Create icon. Name and Description: XXSet.
3. Select your Chart of Accounts: XXLedger Instance.
4. Select your Accounting Calendar: XXLedger.
5. Default Ledger: XXLedger US.
7. Select Ledger or Ledger Set: XXLedger US.
8. Click Save.
9. Click OK to accept the Confirmation window.
11. Select Ledger or Ledger Set: XXReporting Currencies.
12. Click Save button.
13. Click OK to accept the Confirmation window.
14. Save and Close.
15. Click Done.

Chapter 7 - Page 30
Practice 7-21: Reviewing Data Access Set Security
Overview
In this practice, you will review your Data Access Set created for your ledger set.
Data Access Sets are created to control access to specific ledgers, ledgers sets, or primary
balancing segments.
Assumptions
1. Navigate to: Setup and Maintenance > Define Ledgers > Manage Data Access Sets.
2. Select the Name of your data access set XXSet.
4. Verify that your Privilege is set to Read and Write.
Note: The Access Set Type on your data access set is to Full Ledger which is the default
created by the application when the spreadsheet upload is processed.

Chapter 7 - Page 31
Practice 7-22: Creating Data Access Set Security
Overview
In this practice, you will create and attach a Data Access Set for your ledger.
Data Access Sets are created to control access to specific ledgers, ledgers sets, or primary
balancing segments.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Define Ledgers > Manage Data Access Sets.
3. Enter unique Name and Description: XXData Access Set.
4. Select the Access Set Type: Primary Balancing Segment Value.
5. Select your Chart of Accounts: XXLedger Instance.
6. Select the Accounting Calendar: XXLedger.
7. Select the Default Ledger: XXLedger US.
8. Click the Add Row icon in the Access Set Assignments.
9. Enter a Ledger or Ledger Set: XXSet.
10. Deselect All Values.
11. Select Specific Value: Single Value.
12. Enter Segment Value of 01.
13. Select Privilege: Read and Write.
14. Save and Close.
15. Click OK to accept Confirmation message.
Attach a Data Access Set to your role.

17. Navigate to: Setup and Maintenance > Provision Roles to Implementation Users.
18. Click the Administration link located in the upper-right corner.
19. Enter your username: FASXX.Student in the Search box.
20. Click the Search Arrow icon.
21. Select the username.
22. Click the Roles tab.
23. Click the Assign Roles icon.
24. Search for the role by entering General%XX% in the Display Name field.
25. Select both the General Accountant and the General Accounting Manager, both with
XXData Access Set.
26. Click Add.
27. Exit Oracle Identify Manager.
28. Sign Out of the Oracle applications.
29. Sign In as your user: FASXX.student.

Chapter 7 - Page 32
30. Navigate to the General Accounting > Journals work area to verify your Data Access Set
is available in the Change link.
Optional Troubleshooting if You Don't Find Your Data Role

31. Navigate to: Setup and Maintenance > Type in the task field the following: Manage Role
Templates.
33. Click the Manage Role Templates
34. Locate Search-Role Templates in the Search and Create panel (located on the right side,
about 2/3 down the page).
35. Click Search to search for all roles.
36. Locate the General Ledger Template for Ledger (GL data access role) and highlight the
name.
37. Click the Open icon.
38. Click the Summary tab.
39. Click the Generate Roles button.
40. Wait about 5 minutes.
41. Go back to step 17 and follow the steps again to assign the data access set to your role.

Chapter 7 - Page 33
Practice 7-23: Opening the First Accounting Period
Overview
In this practice you will open the first period in your general ledger.
Open the accounting period in both your ledger and reporting currencies before you create or
import journals for the period. Converted journals are only generated in your reporting currency
if the period is open or future enterable.
Tasks
1. Navigate to: General Accounting > Period Close.
2. Select your Change link for the Data Access Set at the top of the Tasks pane.
3. Select your Data Access Set: XXSet.
4. Click on the Manage Accounting Period link.
5. Select your Ledger Name link.
6. Answer Yes to the question: Open First Period?
7. Select your Reporting Ledger Name from the List of Values then click the OK button.
8. Answer Yes to the question: Open First Period?
For Subsequent Periods

10. Click on your ledger name.
11. Go to Actions > Open Target Period and select the current period.
12. Click OK to close the window.
13. Repeat for your reporting Ledger.

Chapter 7 - Page 34
Practice 7-24: Creating and Generating an Allocation Rule
-_-_-_-_-_- INSTRUCTOR NOTE -_-_-_-_-_-_-_-_-_-_-_-_ -_-_-_-_-_-_-_-

To Participants:
You do not need to perform the steps in “Create an Allocation Rule Activity”. The
allocation is already defined in the system. You only need to review this section to
understand the allocation, and then perform the steps in the sections “Copy Allocations
Activity” and “Generate Allocations Activity”.
-_-_-_-_-_-_ -_-_-_-_-_-_-_-_-_-_-_-_ -_-_-_-_-_-_-_-_-_-_-_- _-_-_-_-_-_-
Create an Allocation Rule Activity
NOTE: In this section of the Activity Guide, you will use the demo data we have provided since
subledger applications have already been defined for you.
You will be working in the Data Access Set: US Primary Ledger.
Background
In this activity you will create an allocation rule to perform allocations and redistribute amounts. Freight
that was not originally posted to a product will be redistributed to products based on product revenue.
Freight has been posted to account 62510, cost center 510, product 000. Revenue has been posted to
account 41000, by product (all Cost Centers).
A run time prompt will be used to specify the accounting period when the allocation is run.
Activity Scope
 Create, validate, and deploy an allocation rule in Allocation Manager.
Perform the following tasks:
1. Navigator > General Accounting > Journals
2. Change your Data Access Set to US Primary Ledger and click OK.

Chapter 7 - Page 35
3. Select Create Allocation Rules from the Tasks menu. This opens the Enterprise Management
System Workspace, Fusion Edition to access Calculation Manager. Here you can create,
validate, deploy, and administer allocation Rules and RuleSets.
4. Click Navigate >Administer> Calculation Manager
Use the System View tab to view and edit existing rules and rule sets and to create new ones.
5. Click the Expand icon on Essbase > US Chart of Accounts > db.
6. Right-click on Rules > New.
Use the New Rule window to enter a Rule Name, Application Type, Application, and Database
for the Allocation Rule.
7. Enter the following:

 Name: XXAllocation of Freight based on Product Rev (replacing XX with your
initials).
 Leave the defaults for Application Type, Application, and Database, and then click
OK.

Chapter 7 - Page 36
Notice that a new tab has opened to define the Rule, XXAllocation of Freight based on
Product Rev.
The Properties tab (lower pane) is used to define the properties of the current node in the Rule
Designer.
8. Enter Description: Allocate Freight Expenses to Products based on Product Revenue.

9. In the Rule Palette pane (top left) select the Point of View object by pressing the left mouse
button. Drag the Point of View object to the Rule Designer pane and drop it between the
Begin and End nodes.
Enter Your Point of View to Specify Default Values for the Current Object
10. Click on the Properties tab, the first tab.

Chapter 7 - Page 37
11. For the Caption field, enter POV.
We will use a POV Variable that has already been defined.
12. Click on the Point of View tab, click the Variable Selector icon.
13. Change Category: to Database.
14. Select the Variable named POV and click OK.
The values you see entered for each Dimension were defined in the Variable. This is a time
saving, efficient way to enter commonly used allocation Dimensions.
In this allocation, we will use the Product in the Allocation Range, so we don’t want the Product
specified on the POV.
15. Highlight the Value for the Product Dimension and delete it so that it is blank.

Chapter 7 - Page 38
You will receive a message that says: Editing the grid will remove the dynamic variable linking.
Are you sure you want to continue’ Click Yes before you delete the value.
Enter Your Allocation Object
16. Drag the Allocation object from the Rule Palette pane to the Rule Designer pane and drop
between the POV start and end nodes.
Use the Allocate Wizard pop up to select the dimension variables and members to define the
Allocation Rule. You will select a Variable for the Accounting Period. The Accounting Period
will be specified by you when you execute the allocation.
17. For Accounting Period, click inside the Select Value field. Click the Actions icon to the far right
in that field, and select Variable.
18. Change the Category: to Database using the drop down list.
19. Select the Accounting_Period Variable, then click OK.
20. The rest of the Dimensions will be specified in the next steps. Click the Next button.
Enter Source Information
21. For Account, click inside the Select Value field. Click Actions icon and select Member.
22. Expand Account and All Account Values.
23. Select 62510.

24. Click Right Arrow icon and click OK.

Chapter 7 - Page 39
25. Repeat steps 25-29 for the Cost Center, Product, Intercompany, and Balance Amount
dimensions. Choose the following for each:
 Cost Center: 510
 Product: 000
 Intercompany: 000
 Balance Amount: Ending Balance
26. Accept the other defaults.
27. Click Next.

Enter Allocation Range
The Allocation Range will be used to calculate the percentages of the basis.
28. For the Product, click inside the Select Value field.
29. Click the Actions icon > Member.
30. Expand Product and All Corporate Products-V1.
31. Select T.
32. Click the Right Arrow icon and click OK.
33. Click Next.
Enter Target
34. Click the Member Selector button (another way to enter member values)

Chapter 7 - Page 40
35. In the Dimensions drop down, select Account.

37. Select 62510.
38. Click the Right Arrow icon.
39. Repeat steps 40 – 43 for the Cost Center and Intercompany Dimensions specifying the
following values for each simply by changing the drop downs for each:
o Cost Center: 510

o Intercompany: 000.

Chapter 7 - Page 41
40. Click OK
41. Click Next.
Enter Offset
42. Click the Member Selector button
43. In the Dimensions drop down, select Account.

45. Select 62510.
46. Click the Right Arrow icon.
47. Repeat steps 47-51 for the Cost Center, Product, and Intercompany dimensions using the
following values:
 Cost Center: 510.
 Product: 000
48. Click OK.
49. Click Next.
Skip Exclude.
50. Click Next.
Enter Basis
51. Click the drop down arrow on Select an allocation method.

52. Select Allocate using a basis.
53. For AccountingPeriod, click inside the Select Value field.
54. Click the Actions icon.
55. Select Variable.
56. Change the Category to Database.
57. Select Variable of Accounting_Period.
58. Click OK.
You can define multiple Variables for each Dimension. You may want to use a different
Accounting Period for the Basis than you use for the Source. In this example we will use the
same Accounting Period for the Basis and Source, it will be specified as a Run Time Variable.
59. For Account, click inside the Select Value field.

60. Click the Actions icon.

Chapter 7 - Page 42
61. Select Member.
63. Select 41000.
64. Click the Right Arrow icon and click OK.
65. Repeat steps 64-69 for the Cost Center, Intercompany, Scenario, Balance Amount, and
Amount Type dimensions by specifying the following values:
 Cost Center: Expand All Corporate Cost Center-V1, and select T.
 Scenario: Actual
 Balance Amount: Ending Balance
 Amount Type: PTD
66. Accept the other defaults.
67. Click Next.
Enter Basis - Options
68. Accept the defaults for the Basis-Options.

69. Click Next.
Enter Rounding
70. Accept the defaults for Rounding.

71. Click Save.
72. Click Finish.
73. Click File> Save to save the rule.
74. Click OK to the Information message.
Validate and Deploy
75. Click Actions > Validate > Essbase

76. Click Actions > Deploy.
Validate and Deploy can also be done using the last icon beneath the menus.

Chapter 7 - Page 43
77. Click OK on Information message The Deployment was successful.
Note: Successfully defining an allocation rule does not guarantee that allocation journals
will be created when the rule is generated. The success depends on if there are
balances in the accounts.
FYI
Viewing and Defining Variables
1. You can choose Tools> Variables.
2. In the Variable Navigator pane, expand Essbase.
3. Expand USChartofAccounts
4. Click on db, the Variables will appear in the right pane.
5. To View the Variable definition, select the Variable.
6. To add a new Variable, right click on db and select New.
Copy Allocations Activity
Background
We will make a copy of the “Allocation of Freight based on Product Rev” rule and rename
with your initials for easier identification.
Activity Scope
 Copy an allocation
Copy your allocations.
1. Find the “Allocation of Freight based on Product Rev” rule in the EPM Workspace.
2. Highlight the rule, right click, and select Copy To.

Chapter 7 - Page 44
3. In the window that opens, add your initials to the beginning of the name (i.e.
XXAllocation of Freight based on Product Rev). Click OK.
4. Your allocation will appear in the list of allocation rules. Double-click on your allocation
rule.
5. Click Actions > Validate.
6. Click Actions > Deploy.
Validate and Deploy can also be done using the last icon beneath the menus.
7. Click OK on Information message The Deployment was successful.

Note: Successfully defining an allocation rule does not guarantee that allocation
journals will be created when the rule is generated. The success depends on if
there are balances in the accounts.

Chapter 7 - Page 45
Generate Allocations Activity
Background
You have created an allocation rule and now you are ready to process it and create a General Ledger
journal with the results.
Activity Scope
 Generate an allocation
 Verify Process completion
 Review Journal
Generate your allocations.
1. Navigator > General Accounting > Journals

2. Click the Generate General Ledger Allocations link.
Use the Generate Allocations page to generate and post allocations.
3. Click the Rule or Rule Set list. Select the allocation rule you defined, XXAllocation of Freight
based on Product Rev.
4. Click the Specify Accounting Period list. Select Period 01-14
Note: The Accounting Period is the Run Time Prompt you specified.
5. Clear the Post Allocations checkbox.

7. Note the Request #.
8. Click the OK button.
Verify the Allocation Process completes
1. Navigator > General Accounting > Journals to check the status of the Processes.
The Journals work area has a Process Monitor region at the bottom.
2. In the Process Monitor widget, Select Status All and Time Range Last 1 hour.
3. You should see 3 sequential processes, beginning with the Request # you noted when
submitting. Generate Allocations, Execute Allocations and Write Back Results, and Import
Journals: Child. The status for each should be Succeeded. If the processes haven’t yet
completed, use the refresh icon to refresh the search results.
Review Journal
1. Click the Manage Journals task.


Chapter 7 - Page 46
2. In the Search criteria, Journal Starts with XX (the initials you used to name your allocation).
Source Equals Allocations. Click the Search button.
3. Your journal will appear in the search results. Click on the journal to open and review it.
You have successfully generated allocations.

Chapter 7 - Page 47
Practice 7-25: Creating a Revaluation
Overview
In this practice, you will define a revaluation.
Revalue your foreign currency balances that are still pending such as loan invoices from your
third party systems that have not been paid but are entered in a foreign currency.
Tasks
1. Navigator > General Accounting > Period Close work area.
2. Click on Manage Currency Rates > Daily Rates.
3. Enter From Currency: USD and To Currency: XXULD.
4. Enter both Rate Dates of the last day of the current open accounting period.
5. Click Search.
6. Change the Rate to .75.
7. Save > Done.

8. Click the Revalue Balances link.
9. Use the Manage Revaluations page to generate reevaluations.
11. Enter a Name and Description: XXRevaluation.
12. Select Chart of Accounts: US Chart of Accounts.
13. Select your Currency: XXULD.
14. Select your Conversion Rate Type: XXSPCORP.
15. Enter 10 Day to Roll Forward.
16. Enter 101.10.78630.000.000.000 in both the Unrealized Gain and Loss Accounts.
17. Leave PTD default on the Income Statement Accounts Basis.

Chapter 7 - Page 48
18. Check the Post Automatically.
19. In the Revaluation Accounts, click the Add Row icon.
20. Click on the filter Conditions Icon.
21. Click the Add Field button.
22. Add Account equals 22100 Accounts Payable.
24. Click the Generate button.
25. Enter your Ledger: US Primary Ledger.
26. Select Ledger or Ledger Set = US Primary Ledger.
27. Enter the latest Accounting Period (Same Period used in the Currency Conversion
journal).
28. Enter the Rate Date: Last day of the current period.
29. Click Submit.
Verify the Journal Entry

30. Navigator > More… > Tools > Scheduled Processes.
31. Refresh until it finishes successfully.
32. Click on Revalue Balances process name.
33. Click on (1 more….) in Log and Output attachment.
34. Click on XXXXXX.txt and verify a journal was created.
35. Query the journal in the Manage Journal work area.
36. Open the journal and review the revaluation amounts.

Chapter 7 - Page 49

Chapter 7 - Page 50
Configuring Oracle Fusion
Intercompany
Chapter 8
Practices for Lesson 08: Configuring Oracle Fusion Intercompany

Chapter 8 - Page 1
Practices Overview
In these practices, you will perform the following activities:
 Setting Up a new rule demonstration.
 Viewing Intercompany Balancing Rules and Secondary and Clearing Company
Balancing Options.
 Creating an Intercompany batch.
 Submitting and reviewing reconciliation reports.

Chapter 8 - Page 2
Practice 8-1: Setting Up a New Rule Demonstration
(This section has already been performed by the instructor in the training
environment, so you only need to review.)
Overview
In this demonstration, the instructor will create a new intercompany balancing rule.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Implementation Projects > XXImplementation
Project > Financials.
2. Expand Define and Maintain Intercompany Processing Rules.
3. Select Go to Task for Manage Intercompany Balancing Rules.
4. In the Search Results region, select the Primary Segment Rules tab.
5. Click the Create icon to create a new rule.
6. Complete the fields on the Create Primary Segment Balancing Rules page as shown in the
following table:
Field Value
Source Other
Category Other
Transaction Type None
From Ledger US Primary Ledger
To Ledger US Primary Ledger
From Legal Entity US1 Legal Entity
To Legal Entity Leave blank (All others are
default later).
From Primary Segment 101
Value
To Primary Segment All Other
Value
Receivables Account 101.10.12300.000.000.000
Payables Account 101.10.22270.000.000.000
Start Date Date prior to today’s date,
for ex. 1/1/2014
End Date Null

Turn off journal approval for the Manual source if it was not done earlier.

Chapter 8 - Page 3
8. Navigate to: Setup and Maintenance > Search for Manage Journal Sources > Go to
Task.
9. Search Name: Manual.

Chapter 8 - Page 4
10. Set Require Journal Approval unchecked for the journal source option Manual.

Chapter 8 - Page 5
Practice 8-2: Viewing Intercompany Balancing Rules and Secondary
and Clearing Company Balancing Options
Overview
In this practice, you will view intercompany balancing rules and secondary and clearing
company balancing options and enter and post three journals showing different balancing
scenarios.
Assumptions
Tasks
1. Navigate to Setup and Maintenance > Implementation Projects > XXImplementation
Project > Financials > Define and Maintain Intercompany Processing Rules > Manage
Intercompany Balancing Rules > Go to Task.
2. Select From Ledger: US Primary Ledger.
3. Click Search.
4. In the Search Results region, click the Legal Entity Rules tab.
5. View the existing balancing rules.
6. Click the View icon in the Receivables Account column and the Payables Account
column to view the description of the segment values on one of the rules.
7. Click the Chart of Accounts Rules tab.
8. View the existing balancing rules.
9. Click Cancel.
10. Select Go to Task for Manage Secondary and Clearing Company Balancing Options.
11. Review the rules.
12. Click Cancel.
Enter and Post a GL Journal with Mixed Balancing Segment Value Assignments
13. Navigate to: General Accounting > Journals
14. Select Create Journal task.
15. Enter Journal Batch: XX1 Intercompany.
16. Select Accounting Period: Current period.
17. Enter Journal Name: XX1 Intercompany.
18. Enter Category: Adjustment.
19. Enter the following journal lines. 101 is assigned to a legal entity and 203 is assigned to the
ledger.
Journal lines Debit Credit
203.10.59110.000.000.000 1,000.00
101.10.42000.000.000.000 1,000.00
20. Click Save. (Hint: tab out of the last line of the journal before clicking save.)
21. Click Post and note the request ID.

Chapter 8 - Page 6
22. Click Manage Journals in the Tasks pane. Search for your journal batch using your XX1%.
23. Click the Journal Name to drill down to view your posted journal.
24. View journal lines.
Notes
 Intercompany balancing lines are generated to balance the journal between primary
balancing segment values 101 and 203 and the appropriate trading partner value is
populated into the intercompany segment of the balancing lines.
 When balancing in this journal the Legal Entity Rule is used for both lines.
25. Click Cancel.
Perform the following tasks to enter and post a GL journal with balancing segment
values assigned directly to a ledger:
26. Select the Create Journal task.
27. Enter Journal Batch and Journal Name: XX2 Intercompany with Category: Adjustment.
29. Enter the following journal lines. 204 and 251 are assigned to the ledger but not to any legal
entities.
204.10.59210.000.000.000 1,000.00
251.90.42000.000.000.000 1,000.00
30. Click Save.

Note:
 The ledger balancing lines are generated using the Chart of Accounts Rule to balance
the journal between primary balancing segment values 204 and 251.
 Balancing segment 2 was also balanced between 10 and 90, while balancing the primary
balancing segment values.
35. Click Cancel.
Perform the following tasks to enter and post a GL journal that balances by primary
balancing segment but not by balancing segment 2:
36. Select Create Journal task.
37. Enter Journal Batch and Journal Name: XX3 Intercompany with Category: Adjustment.
39. Enter the following journal lines.

101.30.59110.000.000.000 1,000.00
101.10.42000.000.000.000 1,000.00

Chapter 8 - Page 7
40. Click Save.
 As the journal balances by primary balancing segment balancing lines are generated to
balance the journal between balancing segment 2 values 30 and 10. Secondary and
Clearing Company Balancing Options for US Primary Ledger are used to build the
accounts.
 The intercompany segment for the balancing lines is not populated with the trading
partner for balancing segment 2.
45. Click Cancel.

Chapter 8 - Page 8
Practice 8-3: Creating an Intercompany Batch
Overview
In this practice, you will:
 Create an Intercompany Batch.
 Review the Intercompany Balancing Rules.
Assumptions
Each student should only use the batch date assigned to them by the instructor.
Tasks
1. Navigate to: Intercompany Accounting > Transactions > Tasks Panel Tab > Create
Transactions.
2. Select Provider: US1 I/C Org.
3. Enter Transaction Type Name: I/C Adjustment.
4. Accept the Batch Date and Accounting Date as today’s date.
5. From the Transactions section, click the Add Row icon.
6. Enter the following details:
Field Value
Receiver US2 I/C Org
Debit (USD) 100
7. From the Transactions: Distributions section, click the Provider tab.

8. Click the Add Row icon and enter the following details:
Field Value
Account 101.10.41000.000.000.000
Credit (USD) 100
9. Click the Receiver tab.

10. Click the Add Row icon and enter the following details:
Field Value
Account 102.10.60110.000.000.000
Debit (USD) 100
11. Click Submit.

12. Click OK.

Chapter 8 - Page 9
Review the transaction
13. Navigate to: Tasks Panel Tab > Manage Intercompany Inbound Transactions.
14. Enter your batch number and click Search.
15. Click the resultant row to display the View Inbound Transaction page.
Note: The transaction status is approved because the transaction type, I/C Adjustment,
does not require a manual approval.
16. Click the Receiver tab and review the details.
Note: An additional row is automatically added to the receiver distributions. This is the
intercompany payables account that was generated based on the intercompany balancing
rules.
17. Click the Provider tab and review the details.
Note: An additional row is automatically added to the Provider distributions. This is the
intercompany receivables account that was generated based on the intercompany
balancing rules.
18. Click Cancel.
Review the Intercompany Balancing Rules

19. Navigate to: Setup and Maintenance > Define and Maintain Intercompany Processing
Rules > Manage Intercompany Balancing Rules
20. Select the following fields:
Field Value
21. Click Search.

22. Click the Legal Entity Rules tab.

Chapter 8 - Page 10
23. Click the row with the following details:
Field Value
To Legal Entity US2 Legal Entity
Transaction Type I/C Adjustment
24. Review the balancing rule and note the receivables account. This is used to generate the
provider intercompany receivables line.
25. Click Cancel.
26. Select the following fields:
Field Value
27. Click Search.

28. Click the Legal Entity Rules tab.
29. Click the row with the following details:
Field Value
To Legal Entity US1 Legal Entity
Transaction Type All Other
30. Review the balancing rule and note the payables account. This is used to generate the
receiver intercompany payables line.

Chapter 8 - Page 10
Transfer the Intercompany Transaction to General Ledger
31. Navigate to: Intercompany Accounting > Transactions >Transfer to General Ledger.
Field Value
From Accounting Date Your assigned batch date
To Accounting Date Your assigned batch date
From Intercompany Organization US1 I/C Org
To Intercompany Organization US1 I/C Org
33. Click Submit.

34. Note the Request ID.
35. Click OK.
Review and Post the Journal to the General Ledger

36. Navigate to: General Accounting > Journal > Journals > Manage Journals.
37. Enter your journal batch number and click Search.
38. Select the row and click the journal batch number.
Note: The journal only contains the accounting for the provider as the transfer was
executed for just that intercompany organization.
39. Click Post to post the journal and note the request ID.
40. Click Cancel.
41. Click Search and verify that your batch status is posted.

Chapter 8 - Page 11
Practice 8-4: Submitting and Reviewing Reconciliation Reports
Overview
 Submit the Prepare Intercompany Reconciliation Reporting Information process.
 Review the Intercompany Reconciliation report.
Assumptions
Tasks
Submit the Prepare Intercompany Reconciliation Reporting Information Process

Note: If another class participant already submitted the report, you can skip to the next
section, Review the Intercompany Reconciliation Reports.
1. Navigate to: Intercompany Accounting > Reconciliation.
2. Click Actions > Run.
3. Enter Provider Ledger: US Primary Ledger.
4. Enter Provider Accounting Period: Current period. Leave all other fields blank.
5. Click Submit.
6. Note the Process ID.
7. Click OK.
8. Click Refresh.
Review the Intercompany Reconciliation Reports

9. Navigate to: Intercompany Accounting > Reconciliation.
10. If required, navigate to Actions > History and select the Instructor Request ID to view the
report.
11. The Period Summary Report displays summary reconciliation data.
Note: The Receiver LE is displayed as UNASSIGNED if the primary balancing segment
value on the balancing line is not assigned to a legal entity.
12. Click the Entered Amount Difference in Transaction Currency amount for the row
where the Provider LE is US1 Legal Entity and the Receiver LE is US2 Legal Entity.
13. Review the Source by Summary Report.
14. Click the Amount in the Intercompany Receivables GL Balance.
15. Review the Journal Lines Report.
16. Click the Journal Name.
17. Review the journal lines and note that the provider side was posted. The difference is
because the receiver side is not posted.
18. Click Done to return to the Journal Lines Report.

Chapter 8 - Page 12

Chapter 8 - Page 13
Configuring Financial
Reporting
Chapter 9
Practices for Lesson 09: Configuring Financial Reporting

Chapter 9 - Page 1
Practices Overview
 Viewing a Financial Report from the Financial Reporting Center.
 Creating a report with the Financial Reporting Studio:
 Defining a grid.
 Adding a formula for total expenses.
 Defining a rolling 12-period column.
 Defining the grid point of views for the dimensions.
 Setting properties.
 Adding a logo, title and chart.
 Reviewing a report.
 Using Infolets Demonstration.
 Setting up the General Accounting Expense Infolet for All Users Demonstration.

Chapter 9 - Page 2
Practice 9-1: Viewing a Financial Report from the Financial Reporting
Center
Overview
In this practice, you will be reviewing the Balance Sheet report in HTML and Excel formats from
the Financial Reporting Center.
Assumptions
Tasks
1. Navigate to Financial Reporting Center.
2. Click on the Search icon.
3. Enter Balance Sheet and click on the Search icon.
4. Select the Balance Sheet that is a Financial Report not a Dashboard.
5. Click the Go to Member Selection icon.

6. Expand Company > All Company Values.

Chapter 9 - Page 3
7. Select [All Company Values].[102] and move it to the Selected area by using the Arrow
icon.
8. Click OK twice.
Note: By default the report opens in HTML Preview.
9. Next to Page: 101-US 1 LE 1 BU 1, click on the dropdown to choose either Company or
102-LE US 1 LE 2.
Note: the data refreshes automatically.
10. Click on the List of Values next to HTML Preview and select Export to Excel.
11. Select Open with and then click OK.
Note: Each Company opens is a separate sheet.
12. Close Excel once you have viewed the report.
13. Back in Fusion click Done.

Chapter 9 - Page 4
Practice 9-2: Creating a Financial Report: Defining a Grid
Overview
In this practice, you will be performing the basic tasks to begin creating your report grid in
Oracle Financial Reporting Studio.
Your company, Vision America Inc., requires a rolling twelve-month income statement report to
show revenue and expenses for both of its companies.
Assumptions
Tasks.
1. Navigate to: Financial Reporting Center.
2. Click on the Tasks panel tab icon at the far right of the page and then click the Open
Workspace for Financial Reporting link.
3. In the Workspace URL, remove /workspace/index.jsp.
4. Copy the URL that remains, for instance: https://adc-fapXXXX-bi.oracledemos.com.
Where XXXX is the Instance unique for your class.
Note: You will use this in the Server URL when you login to the Financials Reporting
Studio in step 7 below.
Tasks
Accessing the Financial Reporting Studio on your desktop.

5. Navigate to Start menu > Programs > Oracle > Financial Reporting Studio > Financial
Reporting Studio.
6. Enter your FASXX.Student name and password.
7. Paste the copied URL into the Server URL, https://adc-fap<assigned database
number>-bi.oracledemos.com. For example,
https://adc-fapXXXX-bi.oracledemos.com.

Chapter 9 - Page 5
8. Click OK.
Defining a new report and grid.

9. Click the New Report button (first icon on the tool bar) or File menu > New > Report.
10. From the top menu click on View > deselect Guidelines.
11. Click the New Grid button (first icon in the second set on the tool bar).
12. Draw a box on the pallet to create the grid for your report.

Chapter 9 - Page 6
13. Click the Database Connection list. Select USChartofAccounts.
14. Click OK.

Note: the Dimension Layout window that opens to arrange your dimensions in one of the
three report levels: pages, columns, and rows.
Selecting the Point of View Dimensions for the Grid.

15. Drag and drop the following dimensions to the following grid sections:
Tip: Click the icon in front of the name to select for dragging.
 Accounting Period > Columns
 Account > Rows
 Company > Pages

Chapter 9 - Page 7

Chapter 9 - Page 8
16. Click OK.
Selecting the Account Dimension Members.

17. Double-click Account.
Note: This opens the Select Members window. You will be selecting revenue accounts
and expense accounts.

Chapter 9 - Page 9
18. In the Selected box on the right, click on Account and then click the Remove icon.
19. In the Available box, expand Account > All Corporate Accounts - V1 > [Account]@[T] >
95001.
20. Select 95011-Revenue.

Chapter 9 - Page 10
21. Click the Add icon.
22. Click OK.
Saving your report.

23. Click File > Save As.
24. Double click on My Folders.
25. Enter the name for the report: XXVision Income Statement.
26. Click Save.
Warning: Save often.

Chapter 9 - Page 11
Inserting a blank row and a data row for expenses.
27. Select the last row in the grid by clicking on the row header.
28. From the menu bar select Insert > Row > Text.
29. Right-click the row header on the row below row 2.
30. Select Insert > Row > Data.
31. Double-click account 95011 in line 3.
32. Remove the selected account 95011.
33. Expand Account > All Corporate Accounts - V1 > [Account]@[T] > 95001 > 95021 -
Expenses.
34. Select all three accounts: 50000, 60000, and 70000.

Chapter 9 - Page 12
36. Select the Place selections into separate rows check box at the bottom of the Selected
window.
37. Click OK.

38. Save. Leave the report open for the next practice.

Chapter 9 - Page 13
Practice 9-3: Creating a Financial Report: Adding a Formula for Total
Expenses
Overview
In this practice, you be adding a formula for total expenses.
Prerequisite:
Complete the following practice before beginning this one:
 12-2: Creating a Report with the Financial Reporting Studio: Defining a Grid.
Assumptions
Tasks
1. Right-click the row header of the last row.
2. Select Insert > Row > Formula.
3. Click in the blank cell on row 6.
4. In the Row 6 Properties sheet, select the Custom Heading radio button.
5. In the white box type Total Expenses.

6. Click in the formula cell at row 6 and column A.

Chapter 9 - Page 14
7. Click the Sum() button. The formula Sum() is entered into the Edit box.
8. Click between the brackets () and enter [3:5].

Note: If the rows are not contiguous (2 subtotal rows) then you can enter a formula like this:
Sum([1],[6])

Chapter 9 - Page 15
9. Click the Accept button (green check mark in front of the Edit box).
Note: This action validates the syntax of the formula. The Reporting Studio does not give
you a confirmation. You will only get an error window when the syntax does not validate.

Chapter 9 - Page 16
Practice 9-4: Creating a Financial Report Defining a Rolling 12-Period
Column
Overview
In this practice, you be creating a rolling 12-period column using the range function.
Prerequisite:
 12-3: Creating a Report with the Financial Reporting Studio: Adding a Formula for
Total Expenses.
Assumptions
Tasks
1. Double-click the AccountingPeriod cell (below Column A).
2. In the Selected box on the right, click on AccountingPeriod and then click the Remove
icon.
3. Click the Functions tab.
4. Select Range.

Chapter 9 - Page 17
Note: The Edit Range Function window opens to add the range function start and end
members.
6. If not selected, select the StartMember row.
7. Click in the Value field.
8. Click the Lookup button.
9. Select the Functions tab.

Chapter 9 - Page 18
10. Select RelativeMember.

12. If not selected, select the Member row.

Chapter 9 - Page 19
14. Click the Lookup button.
15. Select Current Point of View.

Chapter 9 - Page 20
17. Click OK.

18. Select the Offset row.
Note: The Offset value determines how many periods to include from the current point of
view. This will be a rolling 12-period report going 12 periods back from the last column.

Chapter 9 - Page 21
19. Enter -11 in the Value field.
20. Click OK twice.

21. In the Edit Range Function window, select the EndMember row.

Chapter 9 - Page 22
23. Click the Lookup icon.
24. Select Current Point of View.

Chapter 9 - Page 23

Chapter 9 - Page 24
26. Click OK three times until you return to your report grid.
Note: Column A should now be replaced by Range from Relative to Current Point of
View offset by -11 to Current Point of View for AccountingPeriod.

Chapter 9 - Page 25
Practice 9-5: Creating a Financial Report: Defining the Grid and User
Point of View Dimensions
Overview
In this practice, you be defining the points of view for the report dimensions.
Prerequisite:
 12-4: Creating a Report with the Financial Reporting Studio: Defining a Rolling 12-
Period Column.
Assumptions
Tasks
Defining the Grid Point of View Dimension Values.

1. Click the Grid object (the intersection of rows and columns on the left margin).
Note: This activates the grid and opens the Grid Properties sheet.
2. Right-click the Grid object.

3. Select Grid Point of View.

Chapter 9 - Page 26
4. Click the Ledger: User Point of View for Ledger button.
5. Expand Ledger > All Ledgers > select US Primary Ledger.
6. Select the Scenario tab.

7. Expand Scenario > select Actual.
8. Select the Balance Amount tab.
9. Expand Balance Amount > select Period Activity.

Chapter 9 - Page 27
10. Select the Currency tab.
11. Expand Currency > select USD.
12. Click OK.
Setting up the Grid Point of View.

13. Right-click the Grid object.
14. Select Grid Point of View Setup.
15. Scroll down to find the Balance Amount dimension.
16. In the Report Viewers May Select column, select Nothing, Lock Member Selection.
17. Click OK.
Setting up a Prompt for a Point of View Dimension.

18. In the grid double-click on the word Pages.

Chapter 9 - Page 28
19. Remove Company from the Selected box.
20. In the Available box select Prompt for Company.
22. Click OK.

23. In the Define Prompts window, replace the Enter Company title with Please select a
Company.

Chapter 9 - Page 29
24. Click on the Default Member field, click the Lookup button.
25. Remove Company from the Selected box.
26. In the Available box expand Company > All Company Values.
27. Select 101 -US 1 LE 1 BU 1 and 102-US 1 LE 2.
29. Click OK.
30. Click the Member Labels in Prompt Selection Dialog list button.
31. Select Alias.
32. Click OK.

Chapter 9 - Page 30
Practice 9-6: Creating a Financial Report: Setting Properties
Overview
In this practice, you will be setting the grid, page and heading row properties.
Prerequisite:
 12-5: Creating a Report with the Financial Reporting Studio: Defining the Grid and
User Point of View Dimensions.
Assumptions
Tasks
Setting the Grid Properties.

1. Click the Grid object (the intersection of rows and columns on the left margin).
Note: This activates the grid and opens the Grid Properties sheet.
2. On the Grid Properties sheet select Suppression.

Chapter 9 - Page 31
3. In the Zero Values field enter 0.
4. On the Grid Properties sheet, select General.

Chapter 9 - Page 32
5. Select the Drill Through option. (Drag out the window to see the drill-through box on the
very bottom of the window.)
Setting the Page Properties.

6. Click on the word Pages on the Grid.
Note: This opens the Page Properties sheet on the right side of the window. If it does not
open, click View > Property Sheet.

Chapter 9 - Page 33
7. Select the Alias: Default radio button.
Setting the Heading Row Properties.

8. Click on the first cell on Row 1 on the Grid.
Note: This opens the Heading Row Properties sheet on the right side of the window.
9. Select the Alias: Default radio button.

Chapter 9 - Page 34
10. Select the Allow Expansion radio button.
11. Repeat the Alias: Default and Allow Expansion settings for rows 3,4 and 5.
12. Save. Leave the report open for the next activity.

Chapter 9 - Page 35
Practice 9-7: Creating a Financial Report: Adding a Logo and Title
Overview
In this practice, you will perform the tasks to add your company logo and a title to your report in
the Oracle Financial Reporting Studio.
Prerequisite:
 12-6: Creating a Report with the Financial Reporting Studio: Setting Properties.
Assumptions
Sign in as the FASXX.Student user assigned to you by the instructor.
Tasks
Inserting a logo into the report header:

1. Download a sample logo from here and save to your machine.
2. Click the Image button (third icon in the second set of icons on the tool bar).
3. Using your cursor, draw a box in the report pallet’s Header region to determine the length
and width of the image.
4. Search for the logo you had downloaded in step 1.
5. Click the Open button.

Chapter 9 - Page 36
6. Use your curser to size the image above the grid.
7. Save.
Using the Text button to insert text in the report.

8. Click the Text button (second icon in the second set of icons on the tool bar).
9. Using your cursor draw a box in the report pallet’s Header region to determine the length
and width of the text box.
10. Enter Rolling 12 Month Income Statement.
11. Use the Format menu > Font to apply formatting options to the text. Select Bold as the
Font Style and 14 as the Font Size.
12. Center the text with the Center Text icon on the tool bar.
13. Use the File menu > Page Setup option to set page setup options.
14. Select the Landscape option.
16. Save.
17. Save. Leave the report open for the next activity.

Chapter 9 - Page 37
Practice 9-8: Reviewing a Report
Overview
In this practice, you will be previewing the report in the Oracle Financial Reporting Studio and
make edits that are necessary. Then, you will open the report in Workspace and drill down to
detail balances.
You need to review your company Vision America Inc.'s rolling twelve-month income statement
report to verify that it was created correctly.
Prerequisite:
 12-7: Creating a Report with the Financial Reporting Studio: Adding a Logo, Table
and Chart.
Assumptions
Previewing the report in Financial Reporting Studio.

1. Ensure that the AccountingPeriod POV is set to 12-14. If not, click the
AccountingPeriod POV.
2. Expand AccountingPeriod > 12-14 > Qtr4-14 select 12-14 (or the period assigned by your
instructor.)
3. Click OK.
4. Click File > PDF Preview.

5. Accept the default Companies in the prompt window.
6. Click OK.
7. Use the Next Page button to see all the columns.
8. Go back to your definition and adjust anything that does not look correct.
Note: Some of the values may show “Missing,” which is not an error but rather a lack of
data due to the limited data in our database.
Opening the report from Workspace.

9. Sign in to the application.
11. Click on the Tasks panel tab icon at the far right of the Overview page and then click Open
Workspace for Financial Reports.
Note: This opens a new web page entitled Enterprise Performance Management
System Workspace, Fusion Edition.

Chapter 9 - Page 38
12. Click on Navigate > Applications > BI Catalog.
13. Click on My Folders. Your XXVision Income Statement should be visible.
14. Click Open.

15. Accept the default Companies in the prompt window.
16. Click OK.
17. Click on the Revenue amount in column 2-14.
Note: the amounts on the screenshot may be different than yours due to changing data.
18. Select Drill to Detail Balances.
Note: You can drill down further by clicking on any amount in the Period Activity (USD)
Column.
19. Close the webpage tab that the drill down opened.

Chapter 9 - Page 39
20. Close the XXVision Income Statement tab.

Chapter 9 - Page 40
Practice 9-10: Setting up and Viewing the General Accounting
Expense Infolet Demonstration
Overview
In this practice, you will set up an account group with 2 accounts that you will view on the
General Accounting Expenses infolet.
Assumptions
Tasks
1. Navigate to: General Accounting > General Accounting Dashboard.

2. Ensure that the Data Access Set is US Primary Ledger.
3. In the Account Monitor area, click the View menu.
4. Select Account Group.

5. Select Create.

Chapter 9 - Page 41
6. Enter:
Field Value
Name XXTravel Expenses
Description For tracking airfare and meals
Display In Expenses
Set as Default Select
Time Option Accounting Period
Comparison Option Prior Year PTD
Access Private
7. In the Accounts area, click the Add Row button.

8. Enter:
Field Value
Name XXAirfare
Ledger US Primary Ledger
Co 101
LoB 10
Acc 60512
CC 400
Prod 000
IC 000
Change Always Display
9. In the Accounts area, click the Add Row button.
10. Enter:
Field Value
Name XXMeals
Co 101
LoB 10
Acc 60521
CC 400

Chapter 9 - Page 42
Field Value
Prod 000
IC 000
Change Always Display
11. Select the Save drop-down list.

13. Click OK.
Viewing the Expense Infolet

Note: The account group may not show on the infolet immediately. Wait a few minutes
before moving on. If the infolet does not work after 5 minutes, log out and then log back in.
1. Navigate to: Home icon > Page Control dot for General Accounting Infolets. .
2. Find the Expenses infolet.

Chapter 9 - Page 43
3. Click on the Expanded View icon.
4. Hover over the status bar graph to see the details.

Note: Infolets use the current open period as the basis for the comparison option so there
may not be any values to hover over.

Chapter 9 - Page 44
Practice 9-11: Viewing an Account Group and Sunburst from the
Financial Reporting Center Demonstration
Overview
In this demonstration, you will be:
 Viewing your account group from the Financial Reporting Center
 Viewing your account group as a Sunburst
Assumptions
Tasks
.
2. Click the Search icon and enter XXT.
3. Click the Search icon.
4. Select your XXTravel Expense Sunburst.

5. From the Account Group drop down, select XXTravel Expenses.
Editing Account Group Segments.

6. Change the period to 11-15. The balances will be automatically updated.
7. Click the Show/Hide Segments button.
8. On the Account segment select Value and Description.
9. For the Product and Intercompany segments Unselect Value.

Chapter 9 - Page 45
10. Click Done.
Reviewing an Account Group as a Sunburst

11. Select View as Sunburst.
12. Click Show Description.
13. Hover over each ring to see the details of the changes.
14. Select any segment in the outer ring (cost center) and press the Zoom In button. This
drills down from Total Sales parent cost center to child cost centers.
15. Select any segment in the middle ring (account) and press the Move Ring Away
From Center arrow button to view expenses distributed first by cost center and then
by account (expense type).
Note: You can also use the Segments section to the right of the sunburst to move the rings

Chapter 9 - Page 46
away or towards the center.
16. Select another color for the rings.

Chapter 9 - Page 47
17. Select Done.

Chapter 9 - Page 48
Practices for Lesson10:
Configuring Business Units
and Reference Data Sets
Chapter 10
Practices for Lesson10: Configuring Business Units and Reference Data Sets
Chapter 10 - Page 1
Practices Overview
 Viewing Your Business Unit.
 Viewing the Assigned Business Unit Functions.
 Creating a Reference Data Set.
 Managing Your Business Unit Set Assignment.
 Provisioning Data Roles.
Chapter 10 - Page 2
Practice 10-1: Viewing Your Business Unit
Overview
In this practice, you be reviewing your assigned business unit functions that were created when
you uploaded your spreadsheet.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance. Click on the Financials offering.
2. Click Setup.
3. In the Functional Areas panel, click on Organization Structures > Manage Business
Unit.
4. Select your XXBusiness Unit hyperlink.

5. View the details, including the Default Set.
Chapter 10 - Page 3
Practice 10-2: Viewing the Assigned Business Unit Functions
Overview
In this practice, you will view the assigned business unit functions..
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Organization Structures.
4. Next to the Assign Business Unit Business Function task, click the Select…link under
the Scope column.
5. The Select Scope window appears. With the Assign Business Unit Business Function
option selected, select Select and Add from the Business Unit drop-down list.
7. Search and select the row header for your XXBusiness Unit.
9. View the Business Unit Functions and Financial Reporting.
Chapter 10 - Page 4
Practice 10-3: Creating a Reference Data Set
Overview
In this practice, you be creating a reference data set to use with Payables Payment Terms.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Application Extensions > Show: All Tasks >
Manage Reference Data Sets.
4. Click New and enter the following
Field Choices or Values
Set Code XXREFDATA
Set Name XXReference Data
Description XXReference Data Set
Chapter 10 - Page 5
Practice 10-4: Managing Your Business Unit Set Assignment
Overview
In this practice, you will be putting your reference data set on the Payables Payment Terms for
your Business Unit.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Organization Structures > Manage Business
Unit Set Assignment.
Note: If this task is not currently scoped to your XXBusiness Unit, you will need to scope it.
4. Scroll down to Payables Payment Terms and change the Reference Data Set Code to
XXREFDATA.

Chapter 10 - Page 6
Practice 10-5: Provisioning Data Roles
Overview
In this practice your instructor will be generating data roles for all the Business Units and
SetID’s.
In this practice, you will be:
 Searching for your user in Oracle Identity Manager.
 Assigning the data role for your business unit and SetID to your user.
Note: When a business unit is created, the data role for that business unit is automatically
generated and assigned to the Application Implementation Consultant job role. Since your
FASXX.Student user has this job role, you already have access to the business unit that
you created earlier. The purpose of this practice is to show you how to assign a business
unit data role if you want to restrict access to one business unit.
Prerequisites
You successfully completed the following practices:
 Entering Data in Rapid Implementation Spreadsheet
 Uploading Chart of Accounts File
 Deploying a Chart of Accounts Demonstration
 Uploading Ledger, Legal Entity, and Business Unit File
Assumptions
Tasks
Your Instructor will generate the roles.

Note to the Instructor: You may not need to generate the roles. Before generating them,
check the Summary > Valid Roles for each student’s XXBusiness Unit and XXREFDATA.
2. In the Search field type Define Data Security for Financials and click Search
3. Click Manage Data Security for Financials > Manage Role Templates.
4. Locate and click the Search - Role Templates link in the Search and Create panel
(located on the bottom right).
5. Click Search to search for all role templates.
6. Find the Financials Common Module Template for Business Unit Security template
and click the template name.
7. Click Open.
8. Click the Summary tab.
9. Click Generate Roles.
10. Click OK.
11. Close the tab and click on the Search Role Templates tab.
12. Do the same for the Payables Template for Business Function Payables Invoicing and
the Financials Common Module Template for SetID template.
Chapter 10 - Page 7
Students begin here.
14. Click Setup.
15. In the Functional Areas panel, click on Enterprise Profile > Provision Roles to
Implementation Users.
16. From Oracle Identity Manager, click the Administration link in the upper right-hand corner
of the page.
17. Enter your FASXX.Student user in the User field.
18. Click Search.
19. Click the FASXX.Student link.
20. Click the Roles tab.
21. Click Assign.
22. Enter %XX in the Display Name field.
23. Select Search.
24. Highlight all the roles with your business unit and setID and click Add.
25. Close the Oracle Identity Manager tab on your browser.
Chapter 10 - Page 8
Tax
Chapter 11
Practices for Lesson 11: Configuring Oracle Fusion Tax

Chapter 11 - Page 1
Practices Overview
In these practices, you will create two different tax configurations and test one of them. The
practices are:
 Viewing a Calculated Tax on a Payables Transaction Demonstration.
 Creating a US Sales Tax Using the Tax Configuration Workbook.
 Creating VAT Sales Tax Using the Tax Configuration Workbook (Optional).
 Using the Tax Simulator to Test a Payables Transaction.
 Enabling Your Tax for Transactions.

Chapter 11 - Page 2
Practice 11-1: Viewing a Calculated Tax on a Payables Transaction
Demonstration
Overview
In this demonstration, you will view the calculated US sales tax on a Payables sales invoice.
Assumptions
Background
After setting up your tax configuration and verifying the transaction results through testing, you
can enable the applicable tax or taxes for transactions. The tax determination process uses your
tax configuration and the details on the transaction to determine which taxes apply to the
transaction and how to calculate the tax amount for each tax that applies to the transaction.
Tasks
1. Navigate to: Oracle Fusion Payables > Invoices work area.
2. Click on the Tasks panel > Invoices > Create Invoice.
3. Enter:
Field Value
Business Unit US1 Business Unit
Supplier Advanced Corp
Supplier Site AC US1
Legal Entity US1 Legal Entity
Number APTest
Amount 1095.00
4. Accept all other defaults.

5. In the Lines section, enter:
Field Value
Amount 1000.00
Distribution Combination 101.10.60520.000.000.000

7. Click Invoice Actions > Calculate Tax.

Chapter 11 - Page 3
8. Expand the Taxes Section.

Chapter 11 - Page 4
Practice 11-2: Creating a US Sales Tax Using the Tax Configuration
Workbook
Overview
In this practice, you will create a US sales tax using the tax configuration workbook and
subscribe you business unit to your tax regime.
The Tax Configuration Workbook is a Microsoft Excel spreadsheet template with five common
tax setup worksheets:
 Manage Tax Regimes
 Manage Taxes
 Manage Rates
 Manage Tax Recovery Rates
 Manage Tax Rules
Oracle Fusion Tax provides predefined tax regimes and taxes in the Tax Configuration
Workbook to enable quick and easy setup.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > In the Search field, enter Rapid and click the
Search magnifying glass icon.
2. Click on the Define Common Financials Configuration for Rapid Implementation task
list and then select Manage Tax Regimes.

Chapter 11 - Page 5
3. In the Search Results region click the Rapid Setup Spreadsheets button. Select
Download Tax Configuration Workbook.
4. Click OK to open the spreadsheet using Microsoft Office Excel. If you get a message to
accept the Spreadsheet, click Yes.
5. Right-click on the Tax Conf Workbook Instructions tab.
6. Click Unhide.
7. Select Manage Tax Regimes and click OK. Repeat for Manage Taxes.
8. Click the Manage Tax Regimes tab in the spreadsheet.
9. Delete all the existing Regimes.

Chapter 11 - Page 6
Field Value
Tax Regime Code XXUS Regime
Country United States
Start Date 2001/01/01
11. Click on the Manage Taxes tab.

12. Delete all the existing Taxes.
13. Complete the fields, as shown in the following table:
Field Value
Tax COUNTRY
Tax Name XXUS Sales Tax
Tax Geography Type Country
Tax Currency USD
Rounding Rule Nearest
Recoverable No
Default Place of Supply Ship to use bill to if ship to is not found
Default Tax Registration Bill-from party
14. Click on the Manage Rates tab.

Field Value
Tax COUNTRY
Tax Status Code STANDARD
Tax Jurisdiction Code XXUS
Tax Jurisdiction Name XXUnited States
Parent Geography Type COUNTRY
Parent Geography Name UNITED STATES
Geography Name United States
Tax Rate Code XXTAXRATE

Chapter 11 - Page 7
Field Value
Tax Rate Name XXTax Rate
Tax Rate 7
Set As Default Rate Yes
Effective Start Date 2001/01/01
16. Click on the Instructions tab.

17. Click the Generate CSV File button. Save it to your Desktop.
Note: You may need to enable macros to use the Generate CSV File button.
18. Click OK.
19. Close Excel.
20. In the Search Results region click the Rapid Setup Spreadsheets button click Upload
Tax Configuration Workbook.
21. Click Browse… and select your TaxConfigurationWorkbook.zip file.
22. Click Open.
23. Click Upload.
24. Click OK.
25. In the Manage Tax Regimes page for Transaction Tax, select the Monitor Upload and
Download Processes tab. Click the Refresh icon until the Status is Succeeded.
Subscribing your Business Unit and the US1 Business Unit to your Tax Regime.
26. Search for your XXUS Regime.
27. Click on the XXUS Regime link.
28. Click Edit.
29. Scroll down to the Configuration Options tab.
30. Click Add Row.
Field Value
Party Name XXBusiness Unit
Party Type Business unit owning tax
content
Configuration for Taxes and Common Configuration
Rules
32. Repeat steps 30 and 31 for the US1 Business Unit.


Chapter 11 - Page 8
34. Click Done.
Enabling a Tax for Simulation

Note: Tax is not enabled for simulation or transactions when it is created from a
spreadsheet upload. You can enable a tax for simulation from the:
 Create Tax page
 Edit Tax page
 Enable Taxes option in the Rapid Setup Spreadsheet list of values on the Manage
Taxes page
Once you enable a tax for both simulation and transactions processing, you can’t modify
the tax setup.
list and then select Manage Taxes.
37. Enter XXUS in the Tax Regime Code field and click Search.
38. Select the row with your tax and click the Edit icon.
39. Click the Tax Rule Defaults tab.
40. Scroll down to the bottom of the page. If the Tax Rate does not have a Default Value then
click Create Default.
41. Accept all the defaults and enter:
Field Value
Tax Status Code Standard
Tax Rate Code XXTAXRATE1
Rate Percentage 7

43. Select Enable tax for simulation.
Note: It is a best practice to use the Tax Simulator to test your configuration before you
enable your tax for transactions.

Chapter 11 - Page 9
Practice 11-3: Creating a VAT Tax Using the Tax Configuration
Workbook (Optional)
Overview
In this practice, you create a tax configuration for value-added tax (VAT) in the United Kingdom
using the Tax Configuration Workbook.
Assumptions
Creating Tax Setup Data

list and then select Manage Tax Regimes.

Chapter 11 - Page 10
3. In the Search Results region click the Rapid Setup Spreadsheets button. Select
Download Tax Configuration Workbook.
4. Click OK to open the spreadsheet using Microsoft Office Excel. If you get a message to
accept the Spreadsheet, click Yes.
5. Right-click on the Tax Conf Workbook Instructions tab.
6. Click Unhide.
7. Select Manage Tax Regimes and click OK. Repeat for Manage Taxes.
8. Click the Manage Tax Regimes tab in the spreadsheet.
9. Delete all the existing Regimes.

Field Value
Tax Regime Code XXGB VAT
Country United Kingdom
11. Click on the Manage Taxes tab.

12. Delete all the existing Taxes.
Field Value
Tax COUNTRY
Tax Name XXGB VAT
Tax Geography Type Country
Tax Currency GBP
Rounding Rule Nearest
Recoverable No
Default Place of Supply Ship to use bill to if ship to is not found
Default Tax Registration Bill-from party
14. Click the Manage Rates tab in the spreadsheet.

Note: You need to create both a default nonjurisdiction-based tax rate and a default
jurisdiction-based tax rate or rates for each type of transaction tax in a given country. The
number of specific default jurisdiction-based tax rates you set up depends on the
transaction tax regulations for that country. The default nonjurisdiction-based tax rate
created for each tax is required to enable the tax for either simulation or simulation and
transaction processing.
15. Complete the fields, as shown in this table, to set up a default nonjurisdiction-based tax rate
for your XX GB VAT tax. For the tax regime and tax, you may have to scroll up in the
window to select the value.
Field Value
Tax XX GB VAT

Field Value
Tax Jurisdiction Code Blank
Tax Jurisdiction Name Blank
Geography Name Blank
Tax Rate Code XX GB VAT DEFAULT
Tax Rate Name XX GB VAT Default
Tax Rate 0
Note: The default nonjurisdiction-based tax rate is applied only in the absence of a valid tax
rate rule or a default jurisdiction-based tax rate. It is a common tax rate that is applied when
there is no specific tax rate defined for the jurisdiction associated with the transaction. The
default nonjurisdiction-based tax rate can prevent potential transaction errors when a tax
place of supply location on a transaction legally stops imposing a tax rate in accordance
with newly enacted laws.
16. Complete the fields, as shown in this table, to set up a default jurisdiction-based tax rate.
For the tax regime and tax, you may have to scroll up in the window to select the value.
Field Value
Tax XX GB VAT
Tax Jurisdiction Code GB VAT
Tax Jurisdiction Name GB VAT
Geography Name United Kingdom
Tax Rate Code XX GB VAT STANDARD
Tax Rate Name XX GB VAT Standard
Tax Rate 20
Note: The default jurisdiction-based tax rates:

 Ensures that the calculated transaction tax amounts are based on the rates
enforced by the tax authority for a particular jurisdiction.
 Allows correct downstream reporting of transaction tax amounts on a periodic basis
to the proper local tax authorities.

Without the creation of valid default jurisdiction-based tax rates, filing of tax reports and
returns cannot be completed. The jurisdiction information is required for the calculated
transaction tax amounts to appear on the tax reports and returns for filing with the specific
local tax authorities.
17. Click the Manage Tax Recovery Rates tab in the spreadsheet.
18. Complete the fields, as shown in this table for the tax recovery rate. For the tax regime and
tax, you may have to scroll up in the window to select the value.
Field Value
Tax XX GB VAT
Tax Recovery Rate Code XX GB VAT STANDARD REC RATE
Tax Rate 100
19. Save the spreadsheet tax data in a zip file that contains CSV formatted data by using the
Generate CSV File macro button on the Instructions tab of the spreadsheet. You may
need to enable macros to use the Generate CSV File button.
Save your spreadsheet zip file with a unique name by adding _XX to the file name.
20. On the Manage Tax Regimes page for Transaction Tax, click Upload Tax Configuration
Workbook in the Rapid Setup Spreadsheets list of values in the Search Results region.
21. In the Upload Tax Configuration Workbook dialog box, select your file and click Upload.
22. Click OK to acknowledge that your process was submitted.
23. On the Manage Tax Regimes page for Transaction Tax, select the Monitor Upload and
Download Processes tab.
24. Note the status of your process.
 If the status of the upload process is Succeeded and there are no validation errors in
the log file, you can view your tax regime using the search criteria on this page.
 If the status of the process is Paused, wait for the sub-processes to complete and then
click the Refresh icon.
 If the upload failed, check the details in your upload file, correct any errors, and upload
the file again.
Enabling a Tax for Simulation

Tax is not enabled for simulation or transactions when it is created from a spreadsheet upload.
You can enable a tax for simulation from the:
 Create Tax page
 Edit Tax page
 Enable Taxes option in the Rapid Setup Spreadsheet list of values on the Manage
Taxes page
Note: The Enable Taxes option in the Rapid Setup Spreadsheet list of values on the
Manage Taxes page automatically enables a tax for both simulation and transactions

processing. The best practice is to first enable a tax or collection of taxes for simulation only
using the Create Tax page or the Edit Tax page. Use the Oracle Fusion Tax Simulator to
thoroughly test all tax setups for accuracy before enabling the tax or collection of taxes for
transactions processing. Once you enable a tax for both simulation and transactions
processing, you can’t modify the tax setup.
25. Navigate to: Setup and Maintenance > Manage Taxes.
26. On the Manage Taxes page for Transaction Tax, enter XX GB VAT in the Tax field and
click Search.
28. On the Edit Tax page, select the Enable tax for simulation option. You can use the Tax
Simulator to test your configuration before you enable your tax for transactions.

Practice 11-4: Using the Tax Simulator to Test a Payables Transaction
 Overview
 In this practice, you will use the Tax Simulator to test your US Sales Tax on a Payables
transaction. After setting up your tax configuration and verifying the transaction results
through testing, you can enable the applicable tax or taxes for transactions. The tax
determination process uses your tax configuration and the details on the transaction to
determine which taxes apply to the transaction and how to calculate the tax amount for
each tax that applies to the transaction.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Simulator Transactions.
Note: Use the Manage Tax Simulator Transactions page to test your tax configuration with
existing transactions, as well as newly created transactions, without impacting active data.
Entering a Payables Transaction to Test Your Tax Setup

Note: You must use the US1 Legal Entity and the US1 Business Unit for the simulation
because your Business Unit does not have a Supplier Assignment.
2. Click the Create button.
Field Value
Document Event Class Purchase invoice
Legal Entity US1 Legal Entity
Document Number XXAP
4. In the Supplier region, click the Name search icon.

5. Enter Advanced Corp in the Name field.
7. Select the row.
9. Select AC US1 in the Site field.
10. Enter line information for line number 1.
11. Enter Hardware in the Line Description field.
12. Enter 3000.00 in the Amount field.
Viewing Tax Lines

14. Click the View Tax Lines button.

15. Use the Tax Line Details page to view additional details about the tax calculation that
applies to a specific detail tax line.
16. Use the header region to view attributes that drive tax determination or tax calculation.
17. Use the tax line details table to view the calculated tax lines with the corresponding tax
configuration details for each transaction line.
18. Use the Rule Results region to view the processing and evaluation of the rules associated
with a rule type. For each tax rule listed in the tax rules process results table, you can drill
down to the associated rule conditions to view the condition details. For this tax line no
rules were evaluated. The default values for the rule types were used in tax determination,
so no rule conditions are displayed.
Information: For further information about setting up your minimum tax configuration, refer
to the Help Portal to view the demonstrations on:
 Configuring Taxes for Transactions Part 4: Verifying Tax Configuration.
 Configuring Tax Rules Part 2: Verifying Tax Applicability Rules.

Practice 11-5: Enabling Your Tax for Transactions
Overview
In this practice, you will enable your tax for transactions.
Assumptions
Tasks
list and then select Manage Taxes.
3. Enter XXUS in the Tax Regime Code field and click Search.
5. Select Enable tax for transactions.
7. Click Done.

Subledger Accounting
Chapter 12
Practices for Lesson 12: Configuring Oracle Fusion Subledger Accounting

Chapter 12 - Page 1
Practices Overview
In these practices, you will do the following practices:
 Creating Three Account Rules.
 Creating a Description Rule.
 Creating Two Journal Line Rules.
 Creating a Journal Entry Rule Set.
 Duplicating and Modifying an Accounting Method.
 Assigning an Accounting Method to a Ledger.
 Reviewing Accounting for a Payables Invoice.

Chapter 12 - Page 2
The goal of these practices is create a new Accounting Method for your secondary ledger.
Your company requires the secondary ledger to have more detailed accounting for the
Payables liability account than the standard accrual method allows.
Below is an example of the accounting that will be on the invoice and ultimately in the
primary ledger. Also below is the accounting that your new SL Accrual accounting method
will produce for the same invoice. The SL Accrual method will put the departments used on
the distribution accounts on the liability account.
Ledger Accounting Method Account Combination DR CR
Primary Standard Accrual 01-110-5620-01 400.00
01-120-5620-01 600.00
01-000-2210-01 1000.00
Secondary SL Accrual 01-110-5620-01 400.00

01-120-5620-01 600.00
01-110-2210-01 400.00
01-120-2210-01 600.00

Chapter 12 - Page 3
Practice 12-1: Creating Three Account Rules
Overview
In this practice, you will be defining three Account rules for the Payables subledger for the
secondary ledger to use. Account rules will be used to determine the accounts for subledger
journal entry lines.
The three account rules will be:
 An account combination rule using a constant for the liability account for the credits:
01-000-2210-00.
 A segment rule using the department value from the distribution account.
 A source rule using the distribution account for the debits.
Assumptions
Tasks
Creating Rules for Your Standard Invoice.

2. Click Setup.
3. In the Functional Areas panel, click on Payables > Manage Account Rules.
Note: You may need to first change the Show list of values to All Tasks.
4. Select Create.
Field Value
Name XXLiability Account
Short Name XXLIAB_ACCT
Description Using a constant.
Chart of Accounts XXLedger
Rule Type Account Combination
6. In the Rules region, click Add Row.

Field Value
Priority 1
Value Type Constant
Value 01-000-2210-01
Adding a Condition.
8. Place your cursor in the Rule 1: Conditions region text box, and remove any existing text.
9. Select Source.

Chapter 12 - Page 4
10. Search Name: Invoice Type.
11. Click the Search arrow.
12. Select Payables: Invoice Type.
13. Click OK.
14. Place the cursor after ).
15. Select Operator: Equal To (=).
16. Enter STANDARD.
17. Select Validate.
18. An Information window appears: Validation is complete.
Note: The validation step validates the Condition, not the rule.
19. Select OK.
20. If the rule status is not active, go to the Actions menu and select Change Status >
Activate.
21. Select Save and Create Another.
Creating a Second Rule for the Department Segment.

Field Value
Name XXDepartment
Short Name XXDEPT
Description Department value for the
liability account.
Rule Type Segment
Segment XXDepartment

Chapter 12 - Page 5
Field Value
Priority 1
Value Type Source
Value Invoice Distribution Account
Payables Standard
Segment XXDepartment
25. Click OK.
26. Click Save and Create Another.
Creating a Third Rule for the Distribution Account.

Field Value
Name XXExpense Account
Short Name XXEXP_ACCT
Description Expense Account
Rule Type Account Combination

Field Value
Priority 1
Value Type Source
Value Invoice Distribution Account
Payables Standard
31. Click Done.

Chapter 12 - Page 6
Practice 12-2: Creating a Description Rule
Overview
In this practice, you will define a description rule for Payables invoices.
Description rules are used to build the descriptions for subledger journal entry headers and
lines.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Payables > Manage Description Rules.
4. Select Create in the Search Results table.
Field Value
Name XXDescription
Short Name XXDESC
Description Description for Invoices.
6. In the Rules region, click Create.
7. Enter the text Supplier:
8. Click the Source button.

9. In the Search dropdown, select: Name and enter Supplier Name.
10. Click the arrow pointing right.

Chapter 12 - Page 7
11. Select Supplier Name for Subledger Application: Payables.
12. Click OK.
13. Enter the text (including the comma): , Supplier Number: .

15. In the Search drop-down list, select Name and enter Invoice Supplier Number.
17. Select Invoice Supplier Number for the Payables Subledger.
18. Click OK.
19. Enter the text (including the comma): , Invoice Number: .

21. In the Search drop-down list, select Name and enter Invoice Number.
23. Select Invoice Number for the Payables Subledger.
24. Click OK.
25. Select Save and Close twice.
26. Click Done.

Chapter 12 - Page 8
Practice 12-3: Creating Two Journal Line Rules
Overview
In this practice, you will create two journal line rules, one for the credit and one for the debit of
the journal.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Payables > Manage Journal Line Rules.
Field Value
Name XXCredit Line
Short Name XXCREDIT
Description Line rule for the credit.
Event Class Invoices
Side Credit
Accounting Class Liability
Merge Matching Lines No

Chapter 12 - Page 9
Field Value
Name XXDebit Line
Short Name XXDEBIT
Description Line rule for the debit.
Side Debit
Accounting Class Expense
Merge Matching Lines No
9. Click Close.

Practice 12-4: Creating a Journal Entry Rule Set
Overview
In this practice, you will create a new Journal Entry Rule Set. The journal entry rule set is a
collection of rules. These rules are used to create balanced journal entries for a given event
type.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Payables > Manage Subledger Journal Entry
Rule Sets.
Field Value
Name XXJERS
Short Name XXJERS
Description Invoice rule set.
Event Type All
Assign Your Account Combination Rule

6. In the Journal Entry region, select Description Rule: XXDescription.
7. In the Journal Lines region, click Add Row.
Field Value
Line Type Credit
Journal Line Rule XXCredit Line
Account Combination Rule XXLiability
XXDepartment XXDepartment
9. In the Journal Lines region, click Add Row.

Field Value
Line Type Debit
Journal Line Rule XXDebit Line
Account Combination Rule XXExpense Account

12. Select the row header for XXJERS.
13. Select Actions > Change Status > Activate.
14. Click Yes
15. Verify that the Status of the XXJERS is Active.
16. Click Done.

Practice 12-5: Duplicating and Modifying an Accounting Method
Overview
In this practice, you will duplicate the Standard Accrual method and replace the Payables invoice
Journal entry rules set with your journal entry rule set. You should then attach your new accounting
method to your secondary ledger.
Since you have not defined a secondary ledger yet you can practice attaching your new accounting
method to your primary ledger. Attaching an accounting method to a secondary ledger is done in
the same way.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Payables > Manage Accounting Methods.
4. Highlight the Standard Accrual row.
5. Click Actions > Duplicate.
Field Value
Name XXSL Accrual
Short Name XXSL_ACCRUAL

8. On the Invoices row, enter the Effective End Date = Yesterday’s date.
9. Click Save.
10. In the Journal Entry Rule set Assignments region, click Add Row.
Field Value
Event Type All
Rule Set XXJERS
Effective Start Date Today’s date

13. Highlight your XXSL Accrual row and click Edit.
14. Click the Activate button.
15. Click Yes.
16. Click OK.
18. Click Done.
Attaching Your New Accounting Method to Your Ledger.

20. Select the Financials Offering.
21. Click Setup in the Administration area.
22. Click on General Ledger from the Functional Areas list.
23. Next to the first Specify Ledger Options task click on the hyperlink in the Scope column.
24. Select the Specify Ledger Options radio button.
25. In the Secondary Ledger field, select Select and Add.
26. Click Apply and Go to Task.
27. Select your XXLedger US from the list.
28. Scroll to the bottom and click Save and Close.

29. In the Subledger Accounting area, select XXSL Accrual for the Accounting Method.

Note: We will test your new accounting method in another lesson.

Practice 12-6: Reviewing Accounting for a Payables Invoice
Please skip this practice. The training environment is not set up to support it.
-_-_-_-_-_- INSTRUCTOR NOTE -_-_-_-_-_-_-_-_-_-_-_-_ -_-_-_-_-_-_-_-

In preparation for this course instructor should have created a custom Subledger
Accounting Method and attached it to the US IFRS Secondary Ledger, following the
same steps as in practices 12-1 to 12-5, just using the US Chart of Accounts instead
of Chart of Accounts: XXLedger.
The instructor will also have entered and accounted a sample AP invoice.
Participants can review the resulting subledger accounting entries and general
ledger journals.
-_-_-_-_-_-_ -_-_-_-_-_-_-_-_-_-_-_-_ -_-_-_-_-_-_-_-_-_-_-_- _-_-_-_-_-_-
Overview
 Review an AP invoice.
 Review the resulting subledger accounting entries and general ledger journals.
Assumptions
Tasks
Creating an AP invoice. This step has been performed by the instructor in advance. You can
review the invoice.
1. Navigate to: Payables > Invoices > Create.
Field Value
Supplier Advanced Corp
Number GR_STDINV_004
Amount 1,000.00 USD
2. Create two lines:
Field Value
Line 1
Amount 400.00
Line 2
Amount 600.00

3. Expand Taxes, click on Edit Taxes and overwrite tax amounts to 0.00
4. Validate and Account in Draft.
Submitting the Create Accounting Process in Final / Post. (This has already been performed
by the instructor in advance, so you can simply review the accounting for the invoice.)
1. Navigate to: Payables > Invoices.
2. Click on the Tasks panel tab: Accounting > Create Accounting.
3. Enter or accept the following:
Field Value
Subledger Application Payables
Process Category Invoices
End Date Today
Accounting Mode Final
Process Events All
Report Style Detail
Transfer to General Ledger Yes
Post in General Ledger Yes
Journal Batch Lesson 12
Include User Transaction Identifiers No
4. Click Submit.
5. Select OK.
Viewing the results of the Create Accounting run. This has already been performed by the
instructor in advance.
6. Navigate to: More…Tools > Scheduled Processes.

7. Click Refresh until the Create Accounting Execution Report, Status: Succeeded.
8. Select the row header for the Search Results: Name: Create Accounting Execution
Report: status row.
9. The Create Accounting Execution Report, #####: Details region will appear below.
10. Scroll to the bottom of the page and select the Output Name: Default Document link.
11. A PDF report display appears. Click the Download icon and Save to your desktop. The file
name is outputDocument.pdf.
12. Open the file from the desktop to view the report results.
Note: Notice that the secondary ledger has represented the accounting differently than the
primary ledger. The secondary ledger’s liability department is the same as the distribution
accounts.

Reviewing the AP invoice
14. Click on the Tasks panel tab: Invoices > Manage Invoices
15. Search for Invoice Number: GR_STDINV_004
16. Click on the invoice number in the search results to open the Manage Invoice page
Note: You can review the invoice accounting entries for both the primary and the secondary
ledger by clicking on the Accounting Status: Final hyperlink in the Invoice Summary panel.
Reviewing the Subledger Journal Entry.

18. Click on the Tasks panel tab and click Accounting > Review Journal Entries.
19. Enter Ledger: US Primary Ledger.
20. Optionally enter Transaction Number Equals: GR_STDINV_004
21. Click Search.
22. Click View Journal Entry.
23. Click View Transaction.

24. Click Done three times.
Viewing the General Ledger Journals.

1. Navigate to: General Accounting > Journals.
2. Change your Data Access Set to US Corp Ledger Set.
3. Click on the Tasks panel tab: Journals > Manage Journals
4. Enter Journal Batch: Starts with: Lesson 12.
5. Click Search.
6. Click on the Journal Batch name link on the US Primary Ledger row.
Note: You are now viewing the General Ledger journal.
7. Click on the Credit amount link.

Note: You are now in Subledger Accounting not General Ledger.
9. Click Done twice.
10. Click Cancel.
11. Go back to the Search Results and click on the Journal Batch name link on the US IFRS
Secondary Ledger row.
Note: You are now viewing the General Ledger journal.
12. Click on a Credit amount link.
Note: You are now in Subledger Accounting not General Ledger.
15. Click Cancel.
16. Click Done.

Practices for Lesson13:
Payables
Chapter 13
Practices for Lesson13: Configuring Oracle Fusion Payables

Chapter 13 - Page 1
Practices Overview
 Defining Your User as a Procurement Agent.
 Creating a Payment Term.
 Managing Common Options for Payables and Procurement
 Managing Invoice Options
 Managing Payment Options
 Managing Distribution Sets.

Chapter 13 - Page 2
Practice 13-1: Defining Your User as a Procurement Agent
Overview
In this practice, you will be defining your user as a procurement agent.
Prerequisites
 Provisioning a Data Role
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Payables.
4. Next to the Manage Procurement Agents task, click the Selected Scope link.
5. The Select Scope window appears. With the Manage Procurement Agents option
selected, select Select and Add from the Business Unit drop-down list.
8. Click Save and Close. The Manage Procurement Agents page opens.
9. Click Create.
Field Value
Procurement BU XXBusiness Unit
Agent Student, FASXX

Chapter 13 - Page 3
11. Accept all the defaults under Agent Access.

13. Click OK.
14. Click Done.

Chapter 13 - Page 4
Practice 13-2: Creating a Payment Term
Overview
 Setting the scope for your business unit.
 The installments and discounts for the new payment term are:
 First installment: 40 percent due in 10 days, with a discount of 5 percent if paid in 7
days.
 Second installment: 35 percent due in 20 days, with a discount of 3 percent if paid in
15 days.
 Third installment: 25 percent due in 30 days, with a discount of 2 percent if paid in
25 days.
 Assigning your XXREFSET set to the payment term.
Prerequisites
Assumptions
Tasks
2. Click Setup.
4. Next to the Manage Payment Terms task, click the Selected Scope link.
5. The Select Scope window appears. With the Manage Payment Terms option selected,
select Select and Add from the Business Unit drop-down list.
8. Click Save and Close. The Manage Payment Terms page opens.
9. Click Create.
Field Value
Name XXPayment Term
Description Multiple installments with
discounts.

Chapter 13 - Page 5
11. In the Installments section Click Add Row.
Field Value
Due (%) 40
Days 10
First Discount (%) 5
Days 7

Field Value
Due (%) 35
Days 20
Days 15

Field Value
Due (%) 25
Days 30
Days 25
17. Click Save.

18. In the Set Assignments section Click Add Row.

Chapter 13 - Page 6
19. Click the Set Code list and select XXREFSET and COMMON.
Add your Reference Data Set to the Immediate Payment Term.

Note: The first time that you save the Manage Common Options for Payables and
Procurement page for a business unit, a default record for the Manage Invoice Options task
is automatically created. The Payment Terms field on the Manage Invoice Options page is
a required field and the invoice options record is saved using the predefined payment term
of Immediate. If your Reference Data Set is not added to the Immediate Payment Term you
cannot complete the next practice.
21. Click on the Immediate payment term link.
22. In the Set Assignments region, click Add Row.
23. In the Set Code field enter: XXREFDATA.
25. Click Done.

Chapter 13 - Page 7
Practice 13-3: Managing Common Options for Payables and
Procurement
Overview
 Verifying that the scope is set for your business unit.
 Reviewing default distribution combinations for your business unit.
Prerequisites
 Creating a Payment Term
Assumptions
Tasks
2. Click Setup.
4. Ensure that the Manage Common Options for Payables and Procurement task is
scoped for your XXBusiness Unit.
5. Click Manage Common Options for Payables and Procurement.
6. Review the following and enter if necessary. For accounting, review these values and
make thoughtful changes id necessary, based upon the previous setup you have
accomplished:
Field Value
Liability 01-000-2210-01
Prepayment 01-000-1350-01
Conversion Rate Variance Gain 01-400-7890-01
Conversion Rate Variance Loss 01-400-7890-01
Discount Taken 01-400-7790-01
Miscellaneous 01-400-6120-01
Realized Gain Distribution 01-400-8220-01
Realized Loss Distribution 01-400-8220-01
Conversion Rate Type Corporate

Chapter 13 - Page 8

Chapter 13 - Page 9
Practice 13-4: Managing Invoice Options
Overview
 Setting the scope for your business unit.
 Configuring invoice options for your business unit.
Prerequisites
 Manage Common Options for Payables and Procurement
Assumptions
Tasks
2. Click Setup.
4. Next to the Manage Invoice Options task, click the Selected Scope link.
5. The Select Scope window appears. With the Manage Invoice Options option selected,
8. Click Save and Close. The Manage Invoice Option page opens.
9. Accept or enter.
Section Field Value
Recalculate invoice Enable
installments
Invoice Currency USD
Invoice Entry
Payment Currency USD
Pay Group Standard
Payment Terms XXPayment Term
Discount Always take discount Enable
Payment Request Pay Group Standard
Self-Service Invoices Allow Unit Price Change for Price decrease only
Quantity-Based Matches


Practice 13-5: Managing Payment Options
Overview
 Verifying that the scope is set for your business unit.
 Reviewing the default payment option settings.
Prerequisites
 Managing Common Options for Payables and Procurement
 Managing Invoice Options
Assumptions
Tasks
2. Click Setup.
4. Next to the Manage Invoice Options task, click the Selected Scope link.
5. The Select Scope window appears. With the Manage Payment Options option selected,
8. Click Save and Close. The Manage Payment Option page opens.
9. Review and accept the default payment options.

Practice 13-6: Managing Distribution Sets
Overview
In this practice, you will be creating a distribution set for miscellaneous expenses.
Prerequisites
You must have successfully completed the following practices:
Assumptions
For accounting, review the recommended values and make thoughtful changes based on the
previous setup you have accomplished. You may create a distribution set for department or
cost center or another segment, based on your chart of account setups you have previously
setup.
Tasks
2. Click Setup.
4. In the Show field drop down select All Tasks.
5. Click on Manage Distribution Sets.
6. Click Create.
Field Value
Business Unit XXBusiness Unit
Name XXMiscellaneous Expenses
Description Distribute miscellaneous
expenses to departments 110
and 120
Distribution Percentage 100
8. In the Distribution Set Details region, click Add Row.

9. Enter the following and click Add Row again for Line 2:
Note: There might be a bug. Enter the Distribution Combination first, otherwise you will
need to enter some of the information twice.
Column Line 1 Line2

Distribution (%) 50 50
Description Administration Department Sales Department
Distribution Combination (or 01-110-5620-01 01-120-5620-01
one that fits your setups)

11. Click Done.

Payments: Payables
Chapter 14
Practices for Lesson 14: Configuring Oracle Fusion Payments: Payables

Chapter 14 - Page 1
Practices for Lesson 14: Configuring Oracle Fusion Payments:
Payables
Practices Overview
 Creating Banks, Branches, and Accounts Using a Spreadsheet.
 Creating a Payment Document for a Bank Account.
 Creating a Disbursement Payment File Format.
 Creating the Transmission Configuration.
 Creating a Payment System.
 Creating a Payment Method.
 Creating a Payment Process Profile.
 Submitting a Payment Process Request.

Chapter 14 - Page 2
Practice 14-1: Creating Banks, Branches, and Accounts Using a
Spreadsheet
Overview
In this practice you will be creating a bank, a branch, and an account using a spreadsheet.
Assumptions
Tasks
list and then select Create Banks, Branches and Accounts in Spreadsheet.
3. Click OK.
Note: Two tabs are displayed at the bottom of the spreadsheet Instructions and Bank
Account.
4. Click the Bank Account tab.
Entering Data
5. Enter your bank, branch, and account information, using the tables below:
Bank Information
Required Spreadsheet Column Value

Bank Name XXBank of America
Branch Information
6. Enter the required branch information: name, optionally add the number, BIC code, and
alternate name.

Branch Name XXMain Branch
Account Information
7. Enter the required account information: name, number, currency, legal entity, and type.
Oracle recommends that you add the cash and clearing account for end of period
accounting. For accounting, review the recommended values and make thoughtful
changes based on the previous setup you have accomplished.


Chapter 14 - Page 3
Account Name XXDisbursements
Account Number XX123456
Currency USD
Legal Entity XXVision America
Account Type Checking
Cash Account 01-000-1110-01
Cash Clearing Account 01-000-1120-01
8. After preparing the data in the spreadsheet, click the Generate Banks, Branches, and
Accounts File button.
9. Save the generated XML file with a unique name,
XX_CE_RAPID_IMPLEMENTATION.xml to your desktop.
Loading the File into Cash Management

10. From Functional Setup Manager select Upload Banks, Branches, and Accounts task.
11. Use the Data File: Browse button to find your XXCE_RAPID_IMPLEMENTATION.xml file.
12. Click Open.
13. Click Submit.
14. Click OK.
15. If you are not taken immediately to the Manage Scheduled Processes page then Navigate
to: More…Tools > Scheduled Processes.
16. Verify that the process completed without errors or warnings. The Status should be
Succeeded.
Reviewing the Bank, Branch, and Account Created.

18. Click Setup.
19. In the Functional Areas panel, click on Cash Management and Banking > Manage
Banks.
20. Highlight your XXBank of America.
21. Click View Branches and View Accounts.
22. Click Done until you are back to the Functional Setup Manager.

Chapter 14 - Page 4
Practice 14-2: Creating a Payment Document for a Bank Account
Overview
In this practice, you will be creating a payment document for a bank account.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Cash Management and Banking > Manage Bank
Accounts.
4. On the Manage Bank Accounts page, enter XXDisbursements in the Account Name
field.
5. Click Search.
6. In the Search Results region, click on the XXDisbursements link.
7. Click the Edit button at the top of the page.
8. Click Create icon in the Payment Documents region.
Field Value
Payment Document XXCheck
Paper Stock Type Blank Stock
First Available Document Number 5001
Format Laser Check
10. Click OK.

12. Click OK.
13. Click Done.

Chapter 14 - Page 5
Practice 14-3: Creating a Disbursement Payment File Format
Overview
In this practice, you will be creating a Disbursement Payment File Format using the Standard
Check BI Publisher Template.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Payments > Manage Formats.
4. In the Search Results region select Disbursement Payment File Formats from the
Select Type field drop down.
Note: The Select Type list is in the middle of the page, not in the upper right.

6. In the Name field on the Create Format page, enter XXElectronic format.
7. In the Code field, enter XXELECTRONIC.
8. In the BI Publisher Template field, enter CE_ISO20022 if available.

11. Click Done.

Chapter 14 - Page 6
Practice 14-4: Creating the Transmission Configuration
Overview
In this practice, you will be creating the transmission configuration.
Assumptions
Tasks
Selecting the Protocol for the Transmission Configuration

2. Click Setup.
3. In the Functional Areas panel, click on Payments > Manage Transmission
Configurations.
4. In the Search Results region select File Transfer Protocol for Static File Names from
the Select Protocol field drop down.
Creating the Transmission Configuration

6. In the Configuration field enter XXTransmission Configuration.
Enter the following:
Name Value
*FTP Server IP Address payments.training.oracle.com
*FTP Account User Name FASXX
*FTP Account Password XX123
*Remote File Directory /tmp

8. Click OK.
9. Click Done.

Chapter 14 - Page 7
Practice 14-5: Creating a Payment System
Overview
In this practice, you will be creating a payment system.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Payments > Manage Payment Systems.
4. Click Create.
5. Enter the Following:
Section Field Value

Name XXPayments
Code XXPS
Header
Processing Model Processor
Bank XXBank of America
Disbursement Electronic funds transfer and Select
positive pay
Formats (Click Add) Name XXElectronic Format
Transmission Protocols Name File Transfer Protocol for
Static File Names

Chapter 14 - Page 8
6. Click Save and Add Accounts.
7. Click OK.
Creating a Payment System Account

8. Click the Add Row icon and enter XXPayments Account in the Name field.
10. Click OK.
11. Click Done.

Chapter 14 - Page 9
Practice 14-6: Creating a Payment Method
Overview
In this practice, you will be creating a payment method.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Payments > Manage Payment Methods.
4. Click Create.
Tab or Section Field Value

Name XXPayment Method
Header
Code XXPM
Usage Rules Automatically assign payment Select
method to all payees
Enable for use in Payables Select
Business Units (select XXBusiness Unit
Payables Specific)
Payment Process Transaction Payables Document
Types (select Specific)


8. Click OK.
9. Click Done.
Changing the Payment Method on Your Invoices only if you have done the
additional activities and have a Supplier and Invoice Available.
10. Navigate to: Payables > Invoices > Tasks panel tab > Manage Invoices.
11. Search for your invoices based on you XXIBM Corp. supplier. If you did not setup any
suppliers, you can do this for any invoice you see that has an unpaid amount equal to the
invoice amount.
12. Click on the first Invoice Number link.
13. Click on the Installments tab.

14. Change the Payment Method on each row to XXPayment Method.

16. Repeat steps 12 – 15 for you second invoice.

Practice 14-7: Creating a Payment Process Profile
Overview
In this practice, you will be creating a payment process profile.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Payments > Manage Payment Process Profiles.
4. Click Create.

Name XXPayment Process Profile
Code XXPPP
Payment File Format Laser Check Format
Header
Processing Type Printed
Default Payment Document XXCheck XX Disbursement
Payment File Send to Printer
Payment Methods Specify: XXPayment Method
Disbursement Bank Accounts Specify: XXDisbursements
Usage Rules
Business Units Specify: XXBusiness Unit
Currencies All
Allow multiple copies for Select
Reporting payment file
Condition All payments

7. Click OK.
8. Click Done.

Practice 14-8: Submitting a Payment Process Request
Overview
In this practice, you will be submitting a payment process request.
Assumptions
You have performed the additional activities for creating supplier and invoices.
Tasks
1. Navigate to: Payables > Payments > Tasks panel tab > Submit Payment Process
Request.
2. Enter or accept the Following:

Header Name XXPayment Request
Pay Through Date 1 Month from today
From Payment Priority 1
To Payment Priority 99
Selection Criteria (tab)
Date Basis Pay date
Supplier or Party XXIBM Corp.( or use same
supplier you used in step 11 in
Lesson 14-6)
Payment Method XXPayment Method
Payment Date Today

Disbursement Bank Account XXDisbursement
Payment and Processing
Payment Document XXCheck
Options (tab): Payment
Attributes Payment Process Profile XXPayment Process Profile
Payment Conversion Rate Corporate
Type
Processing Options Create payment files Select
immediately
Validation Failure Handling Leave the defaults.

3. Click Submit.
4. Click OK.
5. Scroll down to the bottom of the page and under the Schedule Requests region, click
Refresh until the Format Payment Files has Succeeded.
6. Click on the View Output icon.

7. Click on the ESS_O_XXXXXXX link.
8. Open with: Adobe Acrobat Reader (default).
9. Close all windows until you are back to the payments Overview page.
Printing the Payment.

10. Scroll up to the top region. You may need to click on the refresh icon in the region to
update it.
11. Expand your XXPayment Process row.

12. Click on the Action icon arrow.
13. Click Print.

14. Click OK.
15. Click Refresh until the Status is Submitted for Printing.
16. Click Action.
17. Click Record Print Status. If you get an error when doing this, click on the
reference number link then click on the Record Print Status button.
18. Click Submit.
19. Click Record the Print Status.
20. Click OK.
21. Click Done.

Receivables
Chapter 15
Practices for Lesson 15: Configuring Oracle Fusion Receivables

Chapter 15 - Page 1
Practices Overview
In these practices, you will:
 Reviewing Receivables System Options.
 Reviewing AutoAccounting Rules.
 Reviewing Remit-to Addresses.
 Reviewing Receivables Activities.
 Reviewing Statement Cycles.
 Creating a Customer Profile Class
 Creating a Customer
 Defining a Transaction Type
 Creating Banks, Branches, and Accounts Using a Spreadsheet.
 Creating a Receipt Class and Receipt Method

Chapter 15 - Page 2
Practice 15-1: Reviewing Receivables System Options
Overview
In this practice you will be reviewing and setting required system options to configure the
Receivables environment. This practice can only be done once. If a setting has been completed
when your spreadsheet uploaded, review the settings. If the setting is not set or different, enter the
correct value.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Receivables > Manage Receivables System
Options.
4. In the Search field select your XXBusiness Unit and click Search.
5. Click on the XXBusiness Unit link.
6. Click the Billing and Revenue tab if it is not already selected.
7. For accounting, review these values and make thoughtful changes if necessary, based upon
the previous setup you have accomplished:
Section Field Value

General
Information
Split Amount 2,500
Days in days Sales 30
Outstanding Calculation
Print remit to address Selected
Print home country Selected
Application Rule Set Line And Tax
Prorate
Discount Basis Invoice Amount
Accounting Tax Account 01-000-2230-01
Cross Currency 01-400-7990-01
Rounding Account
Realized Gains Account 01-400-4430-01
Realized losses 01-400-4430-01
Account
Automatic journal import Selected
Days per Posting Cycle 15

Chapter 15 - Page 3
Section Field Value
Transactions
Tax Invoice Printing Itemize and Sum
Options
Document Number When completed
Generation Level
Customers
Grouping Rule DEFAULT
AutoInvoice
Purge interface tables Selected
Maximum Memory in 3,145,728
Bytes
Log File Message Level 0
8. Click the Cash Processing tab at the top.

9. Enter these values, for accounting, review these values and make thoughtful changes if
necessary, based upon the previous setup you have accomplished:
Section Field Value

General
Information
AutoCash Rule Set Oldest transaction
first
Match Receipts By 1 Transaction Number
Chargeback Due Date Open invoice due
date
Accounting

Chapter 15 - Page 4
Section Field Value
Realized Gains Account 01-000-4430-01
Realized losses 01-000-4430-01
Account
Cross Currency 01-400-7990-01
Rounding Account
Automatic
Receipts
Invoices per Commit 500
Receipts per Commit 500

11. Click Done.

Chapter 15 - Page 5
Practice 15-2: Reviewing AutoAccounting Rules
Overview
In this practice you will be reviewing the AutoAccounting Rules for your business unit.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Customer Billing > Manage AutoAccounting
Rules.
5. Click on each row to see the Constant Values used on each rule.
6. Click Cancel.

Chapter 15 - Page 6
Practice 15-3: Reviewing Remit-to Addresses.
Overview
In this practice you will be reviewing the Remit-to Address for your business unit.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Customer Billing > Manage Remit-to
Addresses.
4. Leave the Search field blank and click Search.
5. Click on the Site Number link next to your XX Main Street address.
6. Click Cancel.
7. Click Done.

Chapter 15 - Page 7
Practice 15-4: Reviewing Receivables Activities
Overview
In this practice you will be reviewing the Receivables Activities for your business unit.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Receivables > Manage Receivables Activities.
5. Click on a Name link to view the details.

6. Click Cancel twice.

Chapter 15 - Page 8
Practice 15-5: Reviewing Statement Cycles
Overview
In this practice you will be reviewing the Receivables Activities for your business unit.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Receivables > Manage Statement Cycles.
4. In the Interval Search field select Quarterly and click Search.
5. Click Cancel.

Chapter 15 - Page 9
Practice 15-6: Creating a Customer Profile Class
Overview
In this practice you be defining a customer profile class.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Customer > Show: All Tasks > Manage
Receivables Customer Profile Classes..
5. Enter Profile Class Name as XXModerate Risk.
6. Enter following information on Profile Class tab:
Section Field Value

Credit and Collections
Collector Jim Jones
Credit Classification Moderate Risk
Credit Limit USD 100000
Terms
Payment Terms 30 Net
Receipt Matching
Match Receipts By Transaction Number
Invoicing
Grouping Rule DEFAULT

8. On Late Charges tab Click Add Row in Currency Settings Region

9. Enter following:
Field Value
Currency USD – US Dollar
Minimum Receipt Amount 15.00
Minimum Statement Amount 100
Minimum Dunning Amount 100
Minimum Dunning Invoice 15.00
Amount

11. Click Done.

Practice 15-7: Creating a Customer
Overview
In this practice, you will be creating a customer with a bill-to site.
Assumptions
Tasks
1. Navigate to: Receivables > Billing > Tasks panel tab > Customers > Create Customer.
2. Enter following details:
Section Field Value

Organization
Information
Name XXIBM Corporation
Account Information
Account Description XXIBM Corporation
Account Type External
Account Established Six Months Ago
Date (Important for
Advanced Collections)
Account Address
Account Address Set XXREFDATA
(or CUSTSITE)
From Date Six Months Ago
(Important for
Advanced Collections)
Address
Site Name XXNew York
Address Line 1 XX Main Street
City New York
State NY
Postal Code 10022
3. Click Save and Close
4. Click Done

Practice 15-8: Defining a Transaction Type
Overview
In this practice, you define a transaction type for your business unit.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Customer Billing > Manage Transaction Types.
5. Enter these values in the header section:
Field Value
Transaction Type Set COMMON
Name XXInvoices
Transaction Class Invoice
Transaction Status Open
From Date Six months ago
(Important for
Advanced
Collections)
Creation Sign Positive Sign
Generate Bill Yes
Credit Memo Type Credit Memo
Open Receivable Selected
Allow Freight Select
Post to GL Selected
Natural application only Selected
6. Under Reference Accounts, click Create.

7. In the Business Unit field, select XXBusiness Unit. All the Accounts should default in.

8. Click OK.

Practice 15-9: Defining a Transaction Source
Overview
In this practice, you will define a transaction source for your legal entity.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Customer Billing > > Show: All Tasks
Manage Transaction Sources.
5. Enter these values in the header section:
Field Value
Transaction Type Set COMMON
Name XXManual
Description XXManual
Type Manual
From Date Six months ago
Automatic transaction Selected
numbering
Last Transaction 1000
Number
Standard Transaction Invoice
Type

7. Click Done.

Practice 15-10: Creating Banks, Branches, and Accounts Using a
Spreadsheet
Overview
In this practice you will be creating a bank, a branch and an account using a spreadsheet to use
for Customer receipts.
Assumptions
Tasks
list and then select Create Banks, Branches and Accounts in Spreadsheet.
Note: Two tabs are displayed at the bottom of the spreadsheet Instructions and Bank
Account.
3. Click the Bank Account tab.
Entering Data
4. Enter your bank, branch, and account information, using the tables below:
Bank Information

Bank Name XXBank of America
Branch Information
5. Enter the required branch information: name, optionally add the number, BIC code, and
alternate name.
Branch Name XXMain Branch
Account Information
6. Enter the required account information: name, number, currency, legal entity, and type.
Oracle recommends that you add the cash and clearing account for end of period
accounting.
Account Name XXDeposit
Account Number XX123456

Currency USD
Account Type Checking
Cash Clearing Account 01-000-1120-01
7. After preparing the data in the spreadsheet, click the Generate Banks, Branches, and
Accounts File button.
8. Save the generated XML file with a unique name,
XX_CE_RAPID_IMPLEMENTATION.xml to your desktop.
Loading the File into Cash Management

9. From Functional Setup Manager select Upload Banks, Branches, and Accounts task.
10. Use the Data File: Browse button to find your XXCE_RAPID_IMPLEMENTATION.xml file.
11. Click Open.
12. Click Submit.
13. Click OK.
14. If you are not taken immediately to the Manage Scheduled Processes page then Navigate
to: More…Tools > Scheduled Processes.
15. Verify that the process completed without errors or warnings. The Status should be
Succeeded.
Reviewing the bank, branch, and account created.

17. Click Setup.
Banks.
19. Highlight your XXBank of America.
20. Click View Branches and View Accounts.
21. Click Done until you are back to the Functional Setup Manager.

Practice 15-11: Creating a Receipt Class and Receipt Method
Overview
In this practice, you will create a manual receipt class, a check method, and attach your bank
account to the method.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Customer Payments > Manage Receipt Classes
and Methods.
4. Click Create.
5. Enter:
Field Value
Name XXManual
Creation Method Manual
Remittance Method No Remittance
Clearance Method By Matching
6. Under Receipt Methods click Create.

7. Enter:
Field Value
Name XXCheck
Printed Name XXCheck (defaults)
Effective Start Date Yesterday
8. In the Remittance Bank Accounts tab click Create.

9. Enter the following, for accounting, review these values and make thoughtful changes if
necessary based upon the previous setup you have accomplished:

Section Field Value
Remittance Bank Accounts
Bank XXBank of America
Branch XXMain Branch
Account XXDeposit
Primary Selected
Effective Start Date Yesterday
GL Accounts
Cash 01-000-1110-01 (defaults)
Remittance 01-000-1270-01 (defaults)
Unapplied Receipts 01-000-1310-01 (defaults)
Unidentified Receipts 01-000-1310-01 (defaults)
On-Account Receipts 01-000-1280-01 (defaults)
Unearned Discounts Unearned Discounts
Earned Discounts Earned Discounts

11. Click Done.

Payments: Receivables
Chapter 16
Practices for Lesson 16: Configuring Oracle Fusion Payments: Receivables

Chapter 16 - Page 1
Practices for Lesson 16: Configuring Oracle Fusion Payments: Receivables

Chapter 16 - Page 2
Cash Management
Chapter 17
Practices for Lesson 17: Configuring Oracle Fusion Cash Management

Chapter 17 - Page 1
Practices Overview
 Managing Bank Statement Transaction Codes.
 Managing Bank Statement Transaction Creation Rules.
 Managing Bank Statement Reconciliation Tolerance Rules.
 Managing Bank Statement Reconciliation Matching Rules.
 Managing Bank Statement Reconciliation Rule Sets.
 Assigning a Rule Set to your Bank Account.

Chapter 17 - Page 2
Practice 17-1: Managing Bank Statement Transaction Codes
Overview
In this practice you be creating transaction codes for check disbursements and for bank fees.
Assumptions
Tasks
Creating a Transaction Code for EFT Disbursements

2. Click Setup.
3. In the Functional Areas panel, click on Cash Management and Banking >Manage Bank
Statement Transaction Codes.
4. Click Create.
Field Value
Transaction Code 0XX
Description XXChecks
Transaction Type Check
Domain Payments
Creating a Transaction Code for Bank Charges.

7. Click Create.

Chapter 17 - Page 3
Field Value
Description XXBank Charges
Transaction Type Fee

10. Click Done.

Chapter 17 - Page 4
Practice 17-2: Managing Bank Statement Transaction Creation Rules
Overview
In this practice, you will be creating bank statement transaction creation rules for bank fees.
Assumptions
GL Chart of account setups for needed accounts has been done.
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Cash Management and Banking > Show: All
Tasks > Manage Bank Statement Transaction Creation Rules.
4. Click Create.
5. Enter the following (for accounting, review these values and make thoughtful changes if
necessary, based upon the previous setup you have accomplished):
Field Value
Name XXBank Charges
Type Fee
Type Fee
Offset Account 01-000-5620-01

7. Click OK.

Chapter 17 - Page 5
8. Click Done.

Chapter 17 - Page 6
Practice 17-3: Managing Bank Statement Reconciliation Matching
Rules
Overview
In this practice, you will be creating a bank statement reconciliation matching rule.
Assumptions
Tasks
2. Click Setup.
3. In the Functional Areas panel, click on Cash Management and Banking >Show: All
Tasks > Manage Bank Statement Reconciliation Matching Rules.
4. Click Create.
Field Value
Name XXOne to One
Description One to one matching rule for
Payables.
Transaction Source Payables
Matching Type One to One
Matching Criteria Amount (Defaults)

7. Click OK.
8. Click Done.

Chapter 17 - Page 7
Practice 17-4: Managing Bank Statement Reconciliation Tolerance
Rules
Overview
In this practice, you will be creating a bank statement reconciliation tolerance rule.
Assumptions
Tasks
2. Click Setup.
Tasks > Manage Bank Statement Reconciliation Tolerance Rules.
4. Click Create.
Field Value
Name XXDate and Amount
Description Date and Amount tolerance
for Payables.
Date Tolerance Enable
Days Before 3
Days After 3
Amount Tolerance Enable
Amount Below 2
Amount Above 2

7. Click OK.
8. Click Done.

Chapter 17 - Page 8
Practice 17-5: Managing Bank Statement Reconciliation Rule Sets
Overview
In this practice, you will be creating a bank statement reconciliation rule set.
Assumptions
Assumptions
Tasks
2. Click Setup.
Tasks > Manage Bank Statement Reconciliation Rule Sets.
4. Click Create.
Field Value
Name XXRule Set
Description XXRule set for Payables.
6. In the Reconciliation Rules section, click Create.

Field Value
Matching Rule XXOne to One
Tolerance Rule XXDate and Amount
8. Click OK.
10. Click OK.
11. Click Done.

Chapter 17 - Page 9
Practice 17-6: Assigning a Rule Set to a Bank Account
Overview
In this practice, you will be assigning a rule set to your bank account.
Assumptions
Tasks
2. Click Setup.
Bank Accounts.
4. Search for your account by entering XX in the Account Name field and click Search.
5. Click on the XXDisbursements link.
6. Click on the Controls tab.
7. Click the Edit button.
8. In the Manual Reconciliation Tolerance Rule field enter XXDate and Amount.
9. In the Automatic Reconciliation Rule Set field enter XXRule Set.
10. In the Bank Statement Transaction Creation Rules, click Add.
11. In the Rule field enter XXBank Charges.

13. Click OK.
14. Click Done.


Advanced Collections
Chapter 18
Practices for Lesson 18: Configuring Oracle Fusion Advanced Collections

Chapter 18 - Page 1
Practices Overview
In these practices, you will be creating various setups for Oracle Fusion Advanced Collections.
Some of these practices are required and others depending on your collection method are
optional. The following practices are:
 Getting Started with Advanced Collections Demonstration
 Creating an Aging Method
 Creating a Collector
 Reviewing the Dunning Templates: Instructor Demonstration
 Creating a Strategy Task
 Creating a Strategy

Chapter 18 - Page 2
Practice 18-1: Getting Started with Advanced Collections
Demonstration.
Overview
In this instructor led demonstration, you will be
 Viewing Collections Customer Work Area
 Viewing the Collections Dashboard
Assumptions
Sign in a Jim.Jones and the same password assigned to your user.
Tasks
View Collections Customer Work Area

1. Sign in a Jim.Jones and the same password assigned to your user.
2. Navigate to: Collections > Customer.
3. Under the Search Customers section, click the Customer List of Values (LOV). Change
the value to Account.
4. Enter 10060. Click Search.
5. The Collections Customer work area defaults to the Profile tab. The Profile tab displays
the customers: Collector, Business Level view, whether or not to send Dunning Letters and
Statements, contact method, payment terms, statement cycle, and discount grace days.
This profile is directly linked to the customer profile class in Oracle Fusion
Accounts Receivables.
6. Click the Transactions tab. The customer delinquent invoices are displayed. You can filter
by transaction class, due date, include current, or closed transactions. You can take the
action of paying, disputing, or adjusting a customer's transaction.
7. Scroll down to the Details section. The details of the transaction selected above are
displayed.
8. In the Details Section Click the Activity tab. This tab show information for each particular
line selected in the transactions tab.
9. Click the Aging tab to display the customers aging method and details. You can recalculate
by changing the Business Unit and Aging Method.
10. Click the Contact tab. The Contact tab displays the details of the primary and secondary
contacts for the customer.
11. Click the History tab. The History tab displays the history of correspondence and the
transactions included in that correspondence.
12. Click the Communication tab. The Communications tab displays the phone numbers, e-
mail, and addresses for the customer.
13. Click the Activities tab. The Activities tab displays action taken on the specific transaction,
such as partial payment, a submitted dispute, or adjustment.
14. You can take Notes regarding specific transactions or for the whole account. Click the
Create button and enter your notes in the form that displays. Click the Cancel button.

Chapter 18 - Page 3
View Collections Dashboard
15. Navigate to: Collections > Collections Dashboard link. The delinquent customers that
belong to the collector Jim Jones are displayed.
16. Scroll down to and expand the Activities region. Use the Activities region to create tasks
for follow-up action with the customer assigned to the collector. Collectors must be created
as Resources in the Customer Relationship Management application to create activities.
17. Expand the Customer Search region. You can filter the list of customers and access the
Collections Customer work area from the Customer Search region.
18. Clicking on any of the links displayed in the Search region takes you to the Collections
Customer work area for that specific customer.
Viewing Metrics
19. Navigate to: Collections > Collections Dashboard.
20. Click on the Metrics tab.
21. Search on the Business Unit: US1 Business Unit.
22. Sign out as user Jim.Jones.

Chapter 18 - Page 4
Practice 18-2: Creating an Aging Method.
Overview
In this practice you will be creating an aging method because your company requires a unique
aging method that is not a Collections predefined aging method.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Select the Financials offering > Setup >
Collections > Manage Aging Methods.
2. Click Add Row.
Aging Method Section

3. Enter:
Field Value
Aging Method Name XX 1 to 120 Aging
Aging Type 7 Bucket
Enable Yes
Aging Method Set Common Set
Aging Method Description Current to 120 Day Aging method.
4. Click Save.
Aging Method Details Section

5. Click Add Row four times.
6. Enter:
Sequence Bucket Type Aging Days From Aging Days To Aging Bucket Heading
0 Current -9999 0 Current
1 Past Due 1 45 45 Past Due
5 Past Due 121 9999 121+ Past Due

Chapter 18 - Page 5

Chapter 18 - Page 6
Practice 18-3: Creating a Collector and a Resource
Overview
In this practice, you will be creating yourself as a collector. Once you have created yourself as a
new collector you can assign the collector to customers under the Profile tab on the Customer
work area.
Assumptions
Tasks
Collections > Manage Collectors.
2. Click Add Row.
3. Enter your name as Collector Name.
4. Select Employee from the Type list of values.
5. Select your user name (Assigned by the instructor) from the list of values in Employee or
Group field.
6. Select Yes to enable the collector.
7. Select US1 BU Set from the Collector Set list of values.
Creating a Resource
9. Navigate to Resources > Show: All Tasks > Manage Resources.
10. Click Create.
11. Search for your FAS01.Student from the Person Name field and Employee from the
Usage field.
12. Highlight your row and click Add as Resource.
13. Click OK.
14. Select Collector from the Role drop down.

Chapter 18 - Page 7
16. Click Done.

Chapter 18 - Page 8
Practice 18-4: Reviewing Dunning Templates Demonstration
Overview
In this instructor led demonstration, you will be reviewing dunning templates.
Assumptions
Tasks
1. Navigate to: More…Tools > Click the Reports and Analytics link.
2. Expand Shared Folders > Financials > Collections > Correspondence.
3. Click on Collections Send Dunning Letters and then the Edit link.
4. Click the Edit link on one of the templates to open the files to view the contents of the
template letter. Close the letter.

Chapter 18 - Page 9
Practice 18-5: Creating a Strategy Task
Overview
In this practice, you will be creating a manual task.
Assumptions
Tasks
Collections > Manage Strategy Tasks.
2. Click Add Row.
3. Enter the following information using the table below:
Field Value
Enabled Selected
Name XXFriendly phone call
Customer is slightly past due, make
Description
friendly call
Type Manual
Category Phone Call
How long will strategy wait until it executes
0 days
this task
How long will strategy wait after it executes
0 days
this task
Optional Y

Practice 18-6: Creating a Strategy
Overview
In this practice, you will be creating a strategy, assign tasks, and assign them sequentially.
Assumptions
Tasks
Collections > Show: All Tasks > Manage Collections Strategies.
Creating a Strategy Template Group

2. Click Create.
3. Enter:
Field Value
Group Name XX US Customers
Strategy Level Account
Change Strategy per Tolerance No
Enabled Yes
Start Date Select today’s date from the pick list
End Date Blank
Customer Segment Section

4. Enter the following information:
Field Values
View Name IEX F_ACCOUNTS_V
Identifier CUST_ACCOUNT_ID
Strategies Section
5. Click Add Row.
Field Values
Method Name XXUSA Strategy Good
Lowest Applicable Score 50

Field Values
Method Name XXUSA Strategy Bad
Lowest Applicable Score 0

Tasks Section:
7. Select the XXUSA Good Strategy. Click Add Row for each new row.
Field Value
Order 10
Name XXFriendly Phone Call
Order 20
Order 30
8. Select the XXUSA Bad Strategy. Click Add Row for each new row.
Field Value
Order 10
Name Friendly Phone Call
Order 20
Name Hard Customer Call

Configuring Assets
Chapter 19
Practices for Lesson 19: Configuring Assets

Chapter 19 - Page 1
Practices Overview
 Updating an Existing Assets Configuration
 Review Asset Key Flexfield Demonstration
 Review Asset System Control Options Demonstration
 Define Values for Major and Minor Category
 Define Values for Asset Clearing and CIP Clearing Accounts
 Managing Fiscal Years
 Managing Asset Books
 Managing Asset Categories
 Provisioning Data Roles to the User Account

Chapter 19 - Page 2
Practice 19-1: Updating an Existing Assets Configuration
Overview
 Open an Update spreadsheet.
 Update an existing Assets configuration.
 Validate your data.
 Generate a configuration file.
 Upload your data.
Assumptions
To use the spreadsheet, ADF Desktop Integrator (DI) must be installed first.
Note: In the classroom, ADFdi is already installed so skip to step.5.
1. In the application, navigate to: Tools > Download ADF Desktop Integrator.
2. Click on the file that opens.

Chapter 19 - Page 3
3. Click setup.exe.
4. Follow the prompts.
Tasks
5. Navigate to: Setup and Maintenance > Update Fixed Assets Configuration in
Spreadsheet.
6. Click OK.
7. Click Yes.
8. Reenter your login credentials.
9. On the Update Fixed Assets Configuration spreadsheet, click the Categories tab.
10. Click the Download button.
11. Count down the list to find an asset category that matches your number. For example
if your 03, count down 3.
Change the Description by adding your XX or if there are more students than assets, click
on the Locations tab.
12. Click the Download button.
13.
14. Add a new location by copying any existing location.In the BUILDING column, enter XX500
where XX is the number your instructor assigned you.
15. Return to the Rapid Setup Instructions tab.
16. Click Validate Data.
17. Ensure that your validation report contains no errors and return to the Rapid Setup
Instructions tab.
18. Click Generate Configuration File.
19. Save the file to your computer.
To upload your data:

20. Navigate to: Tools > File Import and Export.
21. On the File Import and Export page, click the Create icon.
22. Select your saved zip file and the account fin/assets/import.
23. Click Save and Close. Your file now appears in the Search Results section.
24. Navigate to: Setup and Maintenance > Upload Fixed Assets Configuration in
Spreadsheet.

Chapter 19 - Page 4
25. On the Upload Fixed Assets Configuration page, select your data file as a zip file and
click Submit.
26. On the Confirmation window, note your process ID and click OK.
27. Navigate to: Tools > Scheduled Processes.
28. On the Scheduled Processes page, search for your process ID.
29. If it is still running, wait a moment and click the Refresh icon until the Status shows that the
upload has finished successfully.

Chapter 19 - Page 5
Practice 19-2: Review Asset Key Flexfields Demonstration
Overview
In this demonstration, the instructor will review the Asset Key Flexfields.
Assumptions
The instructor will sign in with their user.
Tasks
1. Navigate to: Setup and Maintenance > Manage Fixed Assets Key Flexfields.
2. On the Manage Fixed Assets Key Flexfields page, click on the Search button.
3. Click Category Flexfield.
4. Click Manage Structures.
5. Click Search.
6. Place Cursor on the Asset Category Flexfield.
7. Click Edit.
8. Select the segment Major Category and click Edit.
9. Review Attributes for the Major Category Segment.
11. Click Done.
12. Select the Location Flexfield.
13. Click Manage Structures.
14. Click Search.
15. Place the cursor on the Asset Location Flexfield.
17. Select segment State/County and Click the Edit icon.

Chapter 19 - Page 6
Practice 19-3: Define Values for Major and Minor Category
Overview
In this practice, you create a major and minor category value by using the Manage Fixed Assets
Key Flexfields page from the Setup and Maintenance work area.
Assumptions
Background
In this practice, you are the asset accounting manager at your company and your manager has
requested that you add a category for Office Supplies with a minor category of Printer.
Tasks
2. Click Search.
3. Select Category Flexfield.
4. Click Manage Structure Instances.
5. Click Search.
6. Select the name Category and click the Edit icon.
7. To add a major category value, click FA_MAJOR_CATEGORY.
8. On the Manage Value Sets page, click Manage Values.

9. On the Manage Values page, click Search to view a list of the major category values that
have already been defined in the Search Results section. Note that XXOFFICE SUPPLIES
is not currently in the list.

Chapter 19 - Page 7
11. On the Create Value page, enter Value: XXOFFICE SUPPLIES.
12. Enter Description: XXOffice Supplies.
13. Click Save and Close. Note that XXOFFICE SUPPLIES now appears in the Search
Results.
14. Click Save.
15. You will now create a minor category value.
16. On the Manage Value Sets page, click the Cancel button.
17. On the Edit Key Flexfield Structure Instance page, click FA_MINOR_CATEGORY.
18. Click Manage Values.
20. Enter Value: XXPRINTER.
21. Enter Description: XXPrinter.
22. Select XXOFFICE SUPPLIES in the Independent Value field.
23. Click Save and Close. XX PRINTER now appears in the Search Results.
24. On the Manage Values page, click Done.
25. On the Manage Value Sets page, click Cancel.
26. On the Edit Key Flexfield Structure Instance, click Cancel.
27. On the Manage Key Flexfield Structure Instances, click Done.
28. On the Manage Fixed Assets Key Flexfields page, click Done.

Chapter 19 - Page 8
Practice 19-4: Define Values for Asset Clearing and CIP Clearing
Accounts
Overview
In this practice, you will create asset clearing accounts that you will use for your asset
categories.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Key Flexfields.
2. On the Manage Key Flexfields page click Search.
3. Place your cursor on the Accounting Flexfield and click Manage Structure Instances.
4. Click Search on the Manage Structure Instances Page.
5. Place your cursor on US Chart of Accounts and click on the Edit icon.
6. Place your Cursor on Account segment and click on the Corporate Account Value Set
Code link.
8. Click Search on the Manage Values page.
9. Click on the Create icon.
30. Define Values based on the following table (15910 + XX/15930 + XX where XX is the
number your instructor assigned you)
10. :
Student Number Value Description Account Type
01 15911/15931 01_Asset Clearing/01_CIP Clearing Asset
12. Click Done.

Chapter 19 - Page 9
Practice 19-5: Review Asset System Control Options
Overview
In this demonstration, the instructor will review the Asset System Control options.
Assumptions
The instructor will sign in with their user.
Tasks
1. Navigate to: Setup and Maintenance > Manage System Controls.
2. Review the Manage System Controls Options.
3. Click Cancel.

Practice 19-6: Define Values for Asset Clearing and CIP Clearing
Accounts
Overview
In this practice, you will create asset clearing accounts that you will use for your asset
categories.
Assumptions
Tasks
2. On the Manage Fixed Assets Key Flexfields page click Search.
3. Place your cursor on the Accounting Flexfield and click Manage Structure Instances.
4. Click Search on the Manage Structure Instances Page.
5. Place your cursor on US Chart of Accounts and click on the Edit icon.
6. Place your Cursor on Account segment and click on the Corporate Account Value Set
Code link.
8. Click Search on the Manage Values page.
9. Click on the Create icon.
10. Define Values based on the following table:
Student Number Value Description Account Type
12. Click Done.

Practice 19-7: Managing Fiscal Years
Overview
In this practice, you will create a fiscal year by using the Manage Fiscal Years page from the
Setup and Maintenance work area.
Assumptions
Background
In this practice, you are an asset accounting manager at your company and need to define a
new fiscal year according to your company's reporting and tax regulations.
Tasks
1. Navigate to: Setup and Maintenance > Manage Fiscal Years.
5. Enter a unique Name: XXFIS YR.
6. Enter a unique Description: XXFiscal Year.
8. Enter a Fiscal Year: (enter the current year).
9. Enter a Start Date: 01/01/XX.
10. Enter an End Date: 12/31/XX.
11. Enter a Mid Year Start Date: 7/1/XX.

13. Click Done.

Practice 19-8: Managing Asset Calendars
Overview
In this Practice, you will create a monthly calendar by using the Manage Calendars page from
the Setup and Maintenance work area.
Assumptions
Background
As the asset accounting manager, you have defined a fiscal year and now need to define a new
calendar using the fiscal year you just defined.
Tasks
1. Navigate to: Setup and Maintenance > Manage Asset Calendars.
3. Enter a unique Name: XXMTH CAL.
4. Enter a unique Description: XXMonthly Calendar.
5. Select the Fiscal Year Name: Select the fiscal year you created earlier.
6. Enter the Periods per Year: 12
7. Select the Period Suffix: Calendar.
9. Enter the first period:
Period Name: JAN-YY (YY is the current year).
Period Number: 1
Start Date: 1/1/YY
End Date: 1/31/YY
10. Click the Add Row icon to enter another period. Note that the values for Period Number,
Start Date, and End Date have been entered automatically. You only need to enter the first
three letter of the month in the Period Name field: FEB.
11. Continue adding periods until you have entered all 12 periods.

13. Click Done.

Practice 19-9: Managing Prorate Conventions
Overview
In this Practice, you will create a Prorate Convention by using the Manage Prorate Conventions
page from the Setup and Maintenance work area.
Assumptions
Background
As the asset accounting manager, you have defined a fiscal year and now need to define a new
prorate convention using the fiscal year you just defined.
Tasks
1. Navigate to: Setup and Maintenance > Manage Prorate Conventions.
3. Enter a unique Name: XXPRO CON.
4. Enter a unique Description: XXMonthly Prorate Convention.
5. Select the Fiscal Year Name: Select the fiscal year you created earlier.
6. Enable Depreciate when placed in service option.
7. Select Reference Data Set as US1 BU Set.
Start Date: Accept Default Value
End Date: 1/31/YY
Prorate Date: 01/01/YY
10. Click the Add Row icon to update the values for remaining periods. Note that the values for
Start Date, End Date and Prorate Date have been entered automatically.
11. Continue adding periods until you have entered all 12 periods.
13. Click Done.

Practice 19-10: Managing Asset Books
Overview
In this Practice you will create a corporate depreciation book by using the Manage Books page
from the Setup and Maintenance work area.
Assumptions
Background
In this practice, you are an asset accounting manager for your company and need to define a
new corporate book for your company. The corporate book will store all of your company's asset
information in accordance with statutory requirements and your company's corporate policy.
Tasks
1. Navigate to: Setup and Maintenance > Manage Asset Books.
3. Enter a unique Name: XXUS CORP (replacing XX with your initials).
Note: XX cannot be numeric.
4. Enter a unique Description: XX US Corporate Book.
5. Select a Book Class: Corporate
Note: When you define a corporate book, the name of the corporate book you are defining
is populated automatically into the Associated Corporate Book field.
6. Select a Ledger: US Primary Ledger.
7. Select a Depreciation Calendar: XX MTH CAL (select the calendar you created earlier).
Note: The Fiscal Year Name is populated automatically.
8. Select a Prorate Calendar: XX MTH CAL (select the calendar you created earlier).
9. Select the Current Period: Enter the current month and year.
10. Select how to Divide Depreciation: Evenly
11. Check the following check boxes:
Depreciate if retire in the first year
Allow amortized changes
Allow cost sign changes
Allow ledger posting
Accounts Region
Enter the following account information:
Field Value
Account Defaults 101.10.78990.000.000.000

Net Book Value 78530
Retired Gain
Net Book Value 78540
Retired Loss

Proceeds of Sale Gain 78510
Proceeds of Sale Loss 78520
Proceeds of Sale 15930
Clearing
Cost of Removal Gain 78530
Cost of Removal Loss 78540
Cost of Removal 24220
Clearing
Deferred Depreciation 68800
Expense
Deferred Depreciation 16800
Reserve
Rules section: Reference Data Groups tab

Accept the default Reference Data Set Code for all reference data objects except for Asset Prorate
Conventions. Enter US1 BU Set for Asset Prorate convention

13. Click Done
14. Navigate to Setup and Maintenance > Manage Fixed Asset Lookups
Search for Lookup Type: ORA_FA; Click on ORA_FA_ALLOW_GROUP.
15. Add your book name as your lookup Code.Search for your book XXUS CORP (replacing XX
with your initials)

16. Navigate to Setup and Maintenance > Manage Asset Books
17. Go to Advanced Rules tab and select all check boxes. Save and Close.

Practice 19-11: Managing Asset Categories
Overview
In this Practice you will create a corporate depreciation book by using the Manage Books page
from the Setup and Maintenance work area.
Assumptions
Background
You are an asset accounting manager for your company. You created category values and now
need to define a category with a major category of Office Supplies and a minor category of
Printer.
Tasks
1. Navigate to: Setup and Maintenance > Manage Asset Categories.
2. Click Create.
3. Select a Major Category: XXOFFICE SUPPLIES (this is the major category value you
created earlier).
4. Select a Minor Category: XXPRINTER (this is the minor category value you created
earlier).
5. Enter a Description: Printer
6. Accept the default Category Type: Non-lease
7. Accept the default Ownership: Owned
8. Select the Property Type: Personal
9. Select the Property Class: 1245 property
10. Check the following check boxes:
Capitalized
Enabled
In physical inventory
11. In the Books section, click the Add Row icon.
12. Select a Book: XXUS CORP
13. On the Accounts tab, enter the following account information:
Please note that the XX_ACCOUNT for Asset Clearing should be 15910 + XX (where XX is
the number assigned by your instructor).
Please note that the XX_ACCOUNT for CIP Clearing should be 15930 + XX (where XX is
the number assigned by your instructor).
Account Value
Asset Cost 101.10.15170.000.000.000

Asset 101.10.XX_ACCOUNT.000.000.000
Clearin
g
Depreciation 101.10.68170.121.000.000
Expense

Depreciation 101.10.16170.000.000.000
Reserve
Bonus 101.10.68170.121.000.000

Depreciation
Expense
Bonus 101.10.16170.000.000.000
Depreciation
Reserve
CIP Cost 101.10.15400.000.000.000
CIP Clearing 101.10.XX_ACCOUNT.000.000.000
Unplanned 101.10.68170.121.000.000
Depreciation
Expense
14. Select Default Depreciation Expense Combination.

15. On the Default Rules tab, click the Add Row icon.
16. Select a Method: STL
17. Select the Life in Years: 5
18. Select the Life in Months: 0
19. Select a Prorate Convention: XXPRO CON
20. Select a Retirement Convention: XXPRO CON
22. Place your Cursor on Major Category-Vehicle and Minor Category-Standard Row.
23. Click on Edit Icon
Account Value
Asset Cost 101.10.15150.000.000.000

Asset Clearing 101.10.XX_ACCOUNT.000.000.000
Depreciation 101.10.68150.121.000.000
Expense
Depreciation Reserve 101.10.16150.000.000.000
Bonus Depreciation 101.10.68150.121.000.000
Expense
Bonus Depreciation 101.10.16150.000.000.000
Reserve
CIP Cost 101.10.15400.000.000.000
Unplanned 101.10.68170.121.000.000
Depreciation
Expense

27. Select Default depreciation expense combination.
32. Select a Prorate Convention: XX PRO CON
33. Select a Retirement Convention: XX PRO CON
35. Place your Cursor on Major Category-Vehicle and Minor Category-Heavy row.
37. In the Books region, click the Add Row icon.
Account Value
Asset Cost 101.10.15150.000.000.000

Depreciation 101.10.68150.121.000.000
Expense
Depreciation 101.10.16150.000.000.000
Reserve
Bonus 101.10.68150.121.000.000
Depreciation
Expense
Bonus 101.10.16150.000.000.000
Depreciation
Reserve
CIP Cost 101.10.15400.000.000.000
Unplanned 101.10.68170.121.000.000
Depreciation
Expense
40. Select Default depreciation expense combination.

45. Select a Prorate Convention: XX PRO CON
46. Select a Retirement Convention: XX PRO CON

48. Place your Cursor on the Major Category-Building and Minor Category-Office row.
49. Click on the Edit Icon.
Account Value
Asset Cost 101.10.15120.000.000.000

Depreciation 101.10.68120.121.000.000
Expense
Depreciation 101.10.16120.000.000.000
Reserve
Bonus 101.10.68120.121.000.000
Depreciation
Expense
Bonus 101.10.16120.000.000.000
Depreciation
Reserve
CIP Cost 101.10.15400.000.000.000
Unplanned 101.10.68170.121.000.000
Depreciation
Expense
53. Select the Default depreciation expense combination.

61. Place your Cursor on Major Category-Computer and Minor Category-Hardware row.
62. Click the Edit Icon.

Account Value
Asset Cost 101.10.15160.000.000.000

Asset 101.10.XX_ACCOUNT.000.000.000
Clearin
g
Depreciation 101.10.68160.121.000.000
Expense
Depreciation 101.10.16160.000.000.000
Reserve
Bonus 101.10.68160.121.000.000
Depreciation
Expense
Bonus 101.10.16160.000.000.000
Depreciation
Reserve
CIP Cost 101.10.15400.000.000.000
Unplanned 101.10.68170.121.000.000
Depreciation
Expense
66. Select the Default depreciation expense combination.

74. Click Done.

Practice 19-12: Provisioning Data Roles to the User Account
Overview
In this Practice you will learn to provision data roles for the Asset Book to your User
Account.
Assumptions
Background
In this Practice you are an asset accounting manager at your company and need to assign the
Data Role for the Asset Book to your User Account.
Tasks
1. Navigate to: Setup and Maintenance > Provision Roles to Implementation Users for
Asset Books.
2. On the Oracle Identity Manager page, Click Administration.
3. On the Welcome page, click on the Advanced Search-Users link in the Users section.

4. Enter your user name assigned by the instructor in the User Login field and click on
Search.
1.
5. Click on Your User Name in the Display Name Field.
6. Click on Roles to search and assign the Data Role related to your Asset Book.
7. Click Assign to search and assign roles to your User Account.

8. Enter %XX% in the Display Name Field and click Search.

9. Select the Roles related to your Asset Book and click Add to assign the roles.
10. Close Oracle Identity Manager tab from the Browser.

11. Log out from the Instance and Log in again.
12. Navigate to: Fixed Assets > Assets > Tasks.
13. From the Tasks pane, click Add Asset.
15. On the Book list, verify that your Asset Book appears in the list.


Configuring Oracle Expenses
with Rapid Implementation
Chapter 20
Practices for Lesson 20: Configuring Oracle Expenses with Rapid Implementation
Chapter 20 - Page 1
Practices Overview
 Reviewing the Expenses System Options.
 Creating an expense report template.
 Setting warning and error limits on a conversion rate demonstration.
 Viewing a conversion rate policy warning and error.
 Setting Up a Car Rental Policy.
 Setting Up an Airfare Policy.
 Setting Up a Miscellaneous Expense Policy.
 Setting Up a Meals Expense Policy.
 Setting Up a Mileage Expense Policy.
 Setting Up an Accommodations Expense Policy.
 Setting up a Corporate Credit Card
 Creating a Corporate Card Program
 Setting Up a Corporate Card Usage Policy Warning (Demonstration)
 Creating Receipt and Notification Rules.
Chapter 20 - Page 2
Practice 20-1: Reviewing the Expenses System Options
Overview
In this practice, you will review the Expenses System Options.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Manage Expense System Options.
2. On the Manage Expenses System Options page you can define system options for all
business units or set options for a specific business unit.
3. Review the three sections in the Manage Expense System Options page:
 User Options for Expense Report
 Corporate Options for Expense Report
 Processing Options for Expense Report
 Specific Business Units
4. Click the Reset to Default Options button on the right-hand side of the page and notice
how some of the options return to the default setting.
5. In the User Options for Expense Report section, change the Allow choice of
reimbursement currency during expense entry to so you can choose a reimbursement
currency when creating expense entries.
6. In the Corporate Options for Expense Report section, select the Enable Terms and
Agreement check box to enforce expense terms and agreements for all business units.
This controls whether employees are required to select the I have read the company
policies before submitting expense reports check box.
7. Select a value from the Printable Expense Report Format list.
8. In the Processing Options for Expense Report section, select Third Party in the Pay
Expense Reports Through choice list. This allows your expense reports to be paid
through a third-party legacy application within your company or an outside supplier.13.
9. In the Specific Business Units section, select a business unit, Japan for example, and
click the Edit button.
If you business unit doesn’t exist in the Specific Business Units section, click Create and
select an applicable Business Unit from the Create System Options: Specific Business
Unit page.
10. Review the choices in the Edit Expenses System Options: <Japan> Business Unit page.
Although the choices are similar to the options on the Manage Expense System Options
page, the choices you make on this page will apply only to the specific business unit you
have selected.
11. Scroll down to the Processing Options for Expense Report section.
12. In the Employee Liability Account section, select the Define value specific to
business unit.
Chapter 20 - Page 3
13. Open the box and change the LoB to a different LoB.
14. Select OK.
15. Notice how the LoB number changes in your Employee Liability Account.
16. Select Cancel.
Chapter 20 - Page 4
Practice 20-2: Creating an Expense Report Template
Overview
In this practice, you will be creating expense types that are applicable to each business unit.
You will complete the following tasks:
 Creating an expense report template.
 Creating four expense types.
 Defining the expense types permitted to be itemized for the itemization-required
expense type of Hotel.
 Specifying Expense Requirements.
 Confirming that created expense types appear in the expense report template.
Assumptions
Tasks
Creating an Expense Report Template

1. Navigate to: Setup and Maintenance > Manage Expense Report Templates.
3. Enter Name: XXTemplate.
4. Accept the default effective start date.
5. Select US1 Business Unit.
6. Click Save.
Creating an Expense Type for Domestic Airfare

7. Select the Expense Types tab.
9. Enter Name: Domestic Airfare.
10. Select Category: Airfare.
11. Enter Account: 60512.
12. From the Save and Close drop down, click Save and Create Another.
Creating an Expense Type for Room Charge

13. Click the Receipt Requirement tab.
14. Enter Name: Room Charge.
15. Select Category: Accommodations.
17. Select the This expense type used in itemization only check box.
Note: This expense type is now available only for an expense type that is required to be
itemized.
Chapter 20 - Page 5
Creating an Expense Type for Internet
19. Enter Name: Internet.
20. Select Category: Miscellaneous.
22. Select the This expense type used in itemization only check box.
Note: This expense type is now available only for an expense type that is required to be
itemized.
Creating an Expense Type for Hotel

24. Enter Name: Hotel.
27. Select the Itemization tab.
28. Select Enabled.
29. Select the Include check boxes for both the Room Charge and the Internet expense
types.
Note: These two expense types are now available as itemizable expense types.
31. Click Yes.
Specifying Receipt Requirements

32. Select the Receipt Requirement tab.
33. Select the Require receipts for cash expense lines above specified amount check box.
34. Enter 0.00 in the USD field.
35. Select the Require receipts for corporate card expense lines above specified amount
check box.
36. Enter 0.00 in the USD field.
38. Click Yes.
39. Click Done.
Confirming that Created Expense Types Appear in the Created Expense Report
Template
40. Navigate to: About Me > Expenses.
41. Click Create Expense Report.
43. Accept the default date.
44. Select your Expense Report Template.
45. Select Hotel. Notice that the Itemize button is now enabled because you specified that the
Hotel expense type is required to be itemized.
46. Enter Amount of $200.00.
47. Click the Itemize button.
48. Select Room Charge.
Chapter 20 - Page 6
49. Change the Amount field to 150.00.
50. Click Add Line.
51. From the Expense Type list, select Internet.
52. Change the Amount to 50.00.
55. Click OK.
Chapter 20 - Page 7
Practice 20-3: Modifying Approval Rules Demonstration
Overview
In this demonstration, the instructor will demonstrate that you can create or modify approval
rules to implement your expense report policies.
Instructor: In this instructor-led demonstration, modify the following two predefined approval
rules that represent the company policy.
 Expense reports with report total = < $1,000 is automatically approved.
 Expense reports with report total > = $1,000 requires one level of supervisory approval.
 You will modify the preceding predefined rules to reflect the following changes:
 Expense reports with report total = < $1,000 is automatically approved.
 Expense reports with report total > $1,000 and < = $2,000 requires one level of
supervisory approval.
 Expense reports with report total > $2,000 requires two levels of supervisory approval.
Assumptions
Sign in as your FASXX.Instructor.
Tasks
1. Navigate to: Setup and Maintenance > Manage Expense Approval Rules > Oracle BPM
Worklist application.
2. Modifying an Existing Approval Rule to Add a New Condition That Requires a Single Level
of Supervisory Approval for a Report Total Greater Than $1,000 and Equal to or Less Than
$2,000
3. From the Tasks to be configured pane, select the FinExmWorkflowExpenseApproval task.
4. To define and modify rules, click the Rules tab.
5. Click the Edit (pencil) icon on the icon tool bar to make the rules editable.
6. Expand the two predefined rules. There are no changes to the
ExpenseReportAutoApprovalRule.
7. Collapse the ExpenseReportAutoApprovalRule.
8. In the IF region for the ExpenseReportManagerApprovalRule, click the Add Rule button
(Insert Test). This adds a new blank condition.
9. In the left-most field of the new condition, click the LOV search icon to select the report
attribute.
10. Expand the Task folder.
11. Expand the payload folder.
12. Expand the getExpenseReportVOResponse folder.
13. Expand the result folder.
14. Select the expenseReportTotal folder.
16. In the middle field, select same or less than from the choice list.
17. In the right-most field, enter 2000. Now you have modified the existing rule by adding a
condition that requires a single level of supervisory approval for expense reports with a
report total > $1000 and < = $2,000.
Chapter 20 - Page 8
18. Collapse the rule you just modified.
19. Adding a New Approval Rule That Requires Two Levels of Supervisory Approval for a
Report Total Greater Than $2,000
20. From the Create icon choice list to the right of the View choice list, select Add Rule.
21. Expand the new rule. It has blank IF and THEN regions.
22. In the rule name field, enter Report Total over 2000.
23. In the IF region, click the LOV search icon in the left-most field.
24. Expand the Task folder.
25. Expand the payload folder.
26. Expand the getExpenseReportVOResponse folder.
27. Expand the result folder.
28. Select the expenseReportTotal folder.
30. From the middle list, select more than.
31. In the far-most right field, enter 2000. You have now defined the condition for expense
reports over $2,000.
32. In the THEN region, from the List Builder list, select Supervisory and click the Create Action
button. Now you can add levels to the hierarchy.
33. For the Response Type, select the Required radio button.
34. In the Number of Levels field, enter 2.
35. Click the LOV search icon for the Starting Participant field. The Add Variable dialog box
appears.
36. Select the Get Manager radio button.
37. From the List Builder list, select Supervisory.
38. In the Reference User field, enter Task.creator. NOTE: Task.creator means the expense
report submitter.
40. Click the LOV search icon for the Top Participant. The Add Variable dialog box appears.
41. Select the Get User radio button.
42. In the Reference User field, enter "Samuel.Mabry" as the name of the highest person in the
supervisory hierarchy.
43. Click the OK button. You have completed the approval hierarchy definition for reports over
$2,000.
44. Click the Save icon in the icon toolbar.
46. Click the Commit icon in the icon toolbar.
47. Reviewing the Approver List to Confirm Changes to the Approval Rules
48. Login: Use your username.
49. You will create two expense reports, one with a report total of 1,500 USD and another with
a report total of 2,500 USD and submit for approval.
Creating an Expense Report with an Expense Item of $1,500

50. Navigator menu > My Information menu > Expenses link > Expenses work area.
Chapter 20 - Page 9
51. In the Expenses work area, click the Create Report button. The Create Expense Report
page appears.
52. In the Purpose field, enter report total equals 1500.
53. Select the I have read and accept the corporate travel and expense policies check box.
54. Click the Create Expense Item button. The Create Expense Item dialog box appears.
55. From the Expense Type choice list, select Car Rental.
56. From the Amount choice list, select USD - US Dollar.
57. To the right of the Amount choice list, enter 1500.
58. In the Merchant Name field, enter Hertz.
62. Confirming the Modified Approval Rule for Expense Reports Greater Than $1,000 and
Equal to or Less Than $2,000
63. Click the Pending Approval tab.
64. Click the Expense Report Number link for the expense report number that you noted above.
TIP: The most recent expense report link is always the one at the bottom of the table.
65. Alternatively, you can copy the expense report number from the message and paste it into
the Query by Example (QBE) field for the expense report. To enable the QBE functionality,
click the QBE icon and a row of fields display above the table.
66. Click the Approver List link. The Approver List hierarchy displays.
67. Note the approver listed in the Expense Report Approval Stage.
Creating an Expense Report with an Expense Item of $2,500

70. Navigator menu > My Information menu > Expenses link > Expenses work area.
71. In the Expenses work area, click the Create Report button. The Create Expense Report
page appears.
72. In the Purpose field, enter report total equals 2500.
73. Select the I have read and accept the corporate travel and expense policies check box.
74. Click the Create Expense Item button. The Create Expense Item dialog box appears.
75. From the Expense Type choice list, select Car Rental.
76. From the Amount choice list, select USD - Dollar.
77. To the right of the Amount choice list, enter 2500.
78. In the Merchant Name field, enter Hertz.
81. Note the confirmation expense report number.
83. Confirming the New Approval Rule for Expense Reports Greater Than $2,000
84. Click the Pending Approval tab.
85. Click the Expense Report link of the expense report number that you noted above. TIP: The
most recent expense report link is always the one at the bottom of the table.
86. Alternatively, you can copy the expense report number from the message and paste it into
the Query by Example (QBE) field for the expense report. To enable the QBE functionality,
click the QBE icon and a row of fields display above the table.
87. Click the Approver List link. The Approver List hierarchy displays.
88. Note the approver listed in the Expense Report Approval Stage.
Practice 20-4: Setting Warning and Error Limits on a Conversion Rate
Demonstration
Demonstration Overview
In this demonstration you will be:
 Set a warning and error limits on a conversion rate
Note: This demonstration can be done only once in the instance. If it has already been
completed, just review the setup with the class.
 You are setting a warning limit on the conversion rate. If users enter a conversion rate
that is 5-10% higher than the default conversion rate, they will see a Warning.
 You are setting an error limit on the conversion rate. If users enter a conversion rate
that is 10-15% higher than the default conversion rate, they will see an Error.
Assumptions
Tasks
1. Navigate to: Setup and Maintenance > Financials > Define Expense Policies and Rules
> Manage Conversion Rates and Policies page > US1 Business
The Edit Conversion Rates and Policies: US1 Business Unit dialog opens.
3. Select the Default conversion rate check box.
4. Enter Warning Tolerance Percentage: 5.
5. Select the Display warning to user check box.
6. Enter Error Tolerance Percentage: 10.
7. In the Individual Currency Exceptions region, click the Add Row icon.
8. Select Currency: AUD – Australian Dollar.
10. Select the Display Warning to User check box.
11. Enter Error Tolerance Percentage: 15.
13. Click Done.
Practice 20-5: Viewing a Conversion Rate Policy Warning and Error
Overview
In this practice, you show that during your business trip to the UK, you took a taxi ride and paid
for it by using your personal Visa credit card. After returning, you are entering your expenses.
You notice that a different conversion rate was applied to the taxi expense by Visa than the one
used by your company. You will complete the following tasks:
This practice covers:
 View a conversion rate warning.
 View a conversion rate error.
 Review the Expense System Options.
 Select options for a specific business unit.
 Enable a printable expense report and then assign it to a specific business unit.


Assumptions
Tasks
Viewing a Warning for a Conversion Rate Used in an Expense Report

1. Navigate to: About Me > Expenses.
3. Click Create Expense Report.
4. In the Expenses Items region, click the Create icon. The Create Expense Item dialog
opens.
5. Accept the default date.
6. Select Expense Template: Expenses US1.
7. Select Expense Type: Taxi.
8. Select Amount: GBP - Pound Sterling and enter 100.00.
Note: GBP may be near the top of the choice list, rather than in alphabetical order.
9. In the Conversion Rate field, change the conversion rate from 1.52975371 to 1.62.
10. Select Expense Location: San Francisco, San Francisco, CA, United States.
Note: You will see a yellow warning that surrounds the Conversion Rate field, which
indicates that the conversion rate you entered of 1.62 is 5% or more above the allowable
limit of 1.52975371. For entering the conversion rate of 1.62, which resulted in a warning,
enter a justification.
11. Enter Justification: Conversion rate applied by Visa.
Viewing an Error for a Conversion Rate Used in an Expense Report

13. In Create Expense Item dialog, accept the default date.
14. Select Expense Type: Lunch.
15. Select Amount: GBP - Pound Sterling and enter 100.00.
16. Change the conversion rate to 1.88.
17. Confirm that the Expense Location list shows San Francisco, San Francisco, CA,
United States.
Note: You will receive a red error that surrounds the Conversion Rate field, which
indicates that the conversion rate you entered of 1.88 is 10% or more above the allowable
limit of 1.52975371.
Tip: If you do not see the error message, click the Save and Close button and then submit
the expense report. You will then see a message that indicates that you cannot submit an
expense report with errors. You will note a red error icon on the line. Click the expense
item link and then you will see the error that was not showing previously.
19. Select “I have read and accept the corporate travel and expense policies”.
21. Click OK.
Practice 20-6: Setting Up a Car Rental Policy
Overview
In these practices, you will be following all of the procedures to set up a car rental policy in
Expenses.
Assumptions
Tasks
Setting Up a Car Rental Policy

1. Navigate to: Setup and Maintenance > Manage Policies by Expense Category.
2. Select Create Policy: Car Rental.
3. Specify a Policy Name: XXCar Rental.
4. In the Rate Definition region:
a. a. Select the Single Currency radio button.
b. b. Select Currency: USD US Dollar.
1. Note: If a currency rate conversion is necessary to verify a policy rate limit, you
must define a conversion rate in Oracle Fusion General Ledger.
5. In the Rate Determinants section:
c. a. Select the Role check box.
d. b. Select Role Type: Job.
Setting Up Car Rental Policy Violations

6. Select the Policy violation warning check box.
8. Select the Display warning to user check box.
9. Select the Prevent report submission check box.
11. Click Save.
The following table describes what employees see when you set up warning and error policy
violations, as well as the calculation used to derive the policy violation:
Completing the Car Rental Rate Spreadsheet
12. On the Create Car Rental Policy page, click Create Car Rental Rates.
13. Download the predefined spreadsheet to your local drive for completion.
TIP: If you select rate determinants in the Rate Determinants area, you complete the
predefined spreadsheet. If you don't select any rate determinants, you create car rental
rates in the Create Rates dialog.
14. On the Create Car Rental Rates spreadsheet, complete the fields as shown in the following
table.
15. Click Upload Rates.

16. On the Manage Policies by Expense Category page, click Save.
Activating the Car Rental Policy

17. Navigate to: Setup and Maintenance > Manage Policies by Expense Category task >
Go to Task > Manage Policies by Expense Category page.
18. Select the car rental policy that you created and click Activate.
19. Assign the car rental policy to an expense type.
Assigning the Car Rental Policy to an Expense Type
The Manage Expense Report Templates page opens.
21. Select an applicable template for a business unit or click Create.
22. On the Create Expense Report Template page, create a template for Car Rental
expenses.
23. On the Expense Types tab, click the Create icon to open the Create Expense Type
dialog.
24. In the Create Expense Type dialog, select Category: Car Rental.
25. On the Policies tab, select the Car Rental policy you created, specify the start date, and
optionally specify an end date.
Practice 20-7: Setting Up an Airfare Policy
Overview
In this practice, you will be following all of the procedures to set up an airfare policy in
Expenses.
To setup an airfare policy, you will:
 Entering General Information
 Setting Up Airfare Policy Violations
 Creating a Flight Class policy
 Activating the Airfare Policy
 Assigning the Airfare Policy to an Expense Type
Assumptions
Tasks
Enter General Information

2. Select Create Policy: Airfare.
3. Enter Policy Name: 35AirFare.
4. In the Flight Class Determinant section:
e. a. The Role check box is already selected by default.
f. b. Select Role Type: Job.
Setting Up Airfare Policy Violations

5. In the Policy Enforcement section, accept the following defaults:
 Policy violation warning radio button
 Display warning to user check box
The following table describes what employees see when you set up warning and error policy
violations for an airfare policy.
Creating a Flight Class Policy
7. Review the following example of a flight class policy:
 Vice Presidents and above who fly longer than 8 hours for an international flight can
purchase a first class ticket.
 Vice Presidents and below who fly less than 8 hours for a domestic flight must
purchase economy class ticket.
Activating the Airfare Policy

9. Select the airfare expense policy that you created and click Activate.
Assigning the Airfare Policy

11. Select an applicable template for a business unit or click the Create icon.
12. On the Create Expense Report Template page, create a template for airfare expenses, or
an applicable template for a business unit.
dialog.
14. Select Category: Airfare.
15. On the Policies tab, select the airfare policy you created, specify the start date, and
optionally specify an end date.
Practice 20-8: Setting Up a Miscellaneous Expense Policy
Overview
In this practice you will be setting up a miscellaneous expense policy and completing the
miscellaneous rate spreadsheet for uploading to the application.
The policy is set up with a single instance rate in US dollars, by job, and is enforced by a
warning and an error
This practice covers the following aspects of setting up a miscellaneous expense policy:
 Setting Up a Miscellaneous Expense Policy
 Setting Up Policy Violations
 Completing the Miscellaneous Rate Spreadsheet
 Associating the Miscellaneous Expense Policy with an Expense Type
Assumptions
Tasks
Setting Up a Miscellaneous Expense Policy

2. Select Create Policy: Miscellaneous.
3. In the Miscellaneous Eligibility Rule section, do the following:
g. a. Select the Minimum number of days for miscellaneous expense
reimbursement check box.
h. b. Enter Days: 5.
4. In the Rate Type section, select the Rate limit radio button.
5. In the Rate Definition section, do the following:
i. a. Select the Single instance limit check box.
j. b. Select the Single currency radio button.
k. c. Select Currency: USD US Dollar.
Note: If a currency rate conversion is necessary to verify a policy rate limit, you must define
a conversion rate in Oracle Fusion General Ledger.
6. In the Rate Determinants section, do the following:
l. a. Select the Role check box.
m. b. Select Role Type: Job.
7. In the Policy Enforcements section, do the following:
n. a. Select the Policy violation warning check box.
o. b. Enter Warning Tolerance Percentage: 10.
p. c. Select Display warning check box.
q. d. Select the Prevent report submission check box.
r. e. Enter Error Tolerance Percentage: 20.
Setting up Policy Violations
8. To set up a policy violation for a miscellaneous expense policy, use the data shown
previously in the set policy violations for accommodations expense.
Completing the Miscellaneous Rate Spreadsheet

9. On the Create Miscellaneous Policy page, click Create Rates.
Note: If you select rate determinants in the Rate Determinants section, you complete the
predefined spreadsheet. If you don't select any rate determinants, you create
miscellaneous rates in the Create Rates dialog.
11. On the Create Miscellaneous Rates spreadsheet, complete the fields as shown in the
following table.
12. Click Upload.

When rates are successfully uploaded, the policy status is valid. To use the miscellaneous rate
policy for calculation of miscellaneous expenses, you must:
13. Activate the miscellaneous expense policy.
14. On the Manage Policies by Expense Category page, select the miscellaneous expense
policy that you created and click Activate.
15. Assign the accommodations expense policy to an expense type.
Assigning the Miscellaneous Expense Policy to an Expense Type

17. Click the Create icon or select an applicable template for a business unit.
18. Create a template for miscellaneous expenses.
dialog.
20. Select Category: Miscellaneous.
21. On the Policies tab, select the miscellaneous expense policy you created, specify the start
date, and optionally specify an end date.
Practice 20-9: Setting Up a Meals Expense Policy
Overview
In this practice, you will be setting up a miscellaneous expense policy including:
 Setting Up a Meals Expense Policy
 Completing the Meals Rate Spreadsheet
 Associating the Meals Expense Policy with an Expense Type
Assumptions
Tasks
Setting Up a Meals Expense Policy

2. Select Create Policy: Meals.
s. a. Select the Select the Single instance limit check box.
t. b. Select the Single currency radio button.
u. c. Select Currency: USD US Dollar.
v. a. Select the Policy violation warning check box.
w. b. Select Warning Tolerance Percentage: 10.
x. c. Select the Display warning to user check box.
y. d. Select the Prevent report submission check box.
z. e. Enter Error Tolerance Percentage: 20.
5. Click Save.

To set up a policy violation for a meals expense policy, use the data shown previously in the set
policy violations for accommodations expense.
Completing the Meals Rate Spreadsheet

6. On the Create Meals Policy page, click the Create Rates button.
predefined spreadsheet. If you don't select any rate determinants, you create meals rates in
the Create Rates dialog.
8. On the Create Meals Rates spreadsheet, complete the fields as shown in the table.
9. Click the Upload.
10. When rates are successfully uploaded, the policy status is valid. To use the rates
spreadsheet for calculation of meal expenses, you must:
aa. a. Activate the miscellaneous expense policy.
bb. b. On the Manage Policies by Expense Category page, select the meals
expense policy that you created and click the Activate button.
11. Assign the meals expense policy to an expense type.
Assigning the Meals Expense Policy to an Expense Type

Follow these steps to assign the meals expense policy to an expense type:
14. Create a template for meals expenses.
dialog.
16. Select Category: Meals.
17. On the Policies tab, select the meals expense policy you created, specify the start date,
and optionally specify an end date.
Practice 20-10: Setting Up a Mileage Expense Policy
Overview
In this practice, you will be setting up a mileage expense policy to allow employees to claim
mileage reimbursement for travel expenses incurred by using their personal vehicles for
business activities. In most countries, mileage reimbursement rates are determined by the
central government.
Based on government mileage regulations and your company policy, you can set up a mileage
expense policy by defining:
 Mileage eligibility rules
 Mileage rate determinants
 Mileage add-on rates
Assumptions
Tasks
Mileage Eligibility Rules

1. Navigator to: Setup and Maintenance > Tasks pane: Manage Policies by Expense
Category.
2. Select Create Policy: Mileage.
3. In the Mileage Eligibility Rules section, specify the rules that determine whether
employees can claim mileage reimbursement for using their personal or company provided
vehicles. The table lists the eligibility rules and their descriptions.
Mileage Rate Determinants
4. In the Mileage Rate Determinants section, specify the determinants on which the mileage
reimbursement policy is based. The table lists selected rate determinants and their
descriptions
Mileage Add-On Rates

5. In the Mileage Add-On Rates section, you can add passenger rates and company-specific
rates for inclusion in the mileage reimbursement policy. The table lists additional rate types
and their descriptions.
6. Once you finish setting up the mileage expense policy, you must:
 Complete the mileage rate spreadsheet and load the spreadsheet to the application, or
complete the Create Rates dialog box, depending on the complexity of the policy.
 Activate the mileage reimbursement policy.
 Set up cumulative mileage determinants when applicable.
 Assign the mileage reimbursement policy to expense types.
Practice 20-11: Setting Up an Accommodations Expense Policy
Overview
In this practice, you will be following all of the procedures for setting up an accommodations
expense policy.
To setup an accommodations expense policy, you perform the following steps:
 Setting Up an Accommodations Policy
 Completing the Accommodations Rate Spreadsheet
 Associating the Accommodations Expense Policy with an Expense Type
Assumptions
Tasks
Setting Up an Accommodations Policy

2. Select Create Policy: Accommodations.
The Create Accommodations Expense Policy page opens.
cc.a. Select Single currency.
dd. b. Select Currency: USD.
4. In the Rate Determinants section, do the following:
ee. a. Select the Roles check box.
ff. b. Select the Locations check box.
gg. c. Select Role Type: Job.
hh. d. Select the Geographical locations check box.
ii. a. Select the Policy violation warning check box.
jj. b. Enter Warning Tolerance Percentage: 10.
kk.c. Select the Display warning check box.
ll. d. Select the Prevent report submission check box.
mm. e. Enter Error Tolerance Percentage: 20.

To set policy violations for accommodations expense use the information shown in the following
table.
Completing the Accommodations Rate Spreadsheet
6. Click Create Rates.
predefined spreadsheet. If you don't select any rate determinants, you create
accommodations rates in the Create Rates dialog.
8. On the Create Accommodations Rates spreadsheet, complete the fields as shown in the
table.
9. Click Upload.
10. On the Create Accommodations Expense Policy page, click Save and Close.
When rates are successfully uploaded, the policy status becomes valid. To use this rate policy
for calculation of accommodations expenses, you must:
11. Activate the accommodations expense policy.
nn. a. On the Manage Policies by Expense Category page, select the
accommodations expense policy you created and click Activate.
12. Assign the accommodations expense policy to an expense type.
Assign the Accommodations Expense Policy to an Expense Type.

15. Create a template for accommodations expenses.
dialog.
18. On the Policies tab in the Create Expense Type dialog, select the accommodations
expense policy you created, specify the start date, and optionally specify an end date.
Practice 20-12: Setting Up a Corporate Card Program
Overview
In this practice you will:
 Set up a Cash Advance
 Enter Values in the Create Transfer Parameters page.
 Set Up the HTTPS Server.
 Configure the Corporate Cards Program Setup.
Assumptions
Tasks
Set Up a Cash Advance

1. Navigate to: Setup and Maintenance > Manage Corporate Card Program.
2. Click Create.
3. Enter Name: XXVision Card Program.
4. Enter Card Type: Procurement.
5. Enter Brand: American Express.
6. Select File Format: American Express #1025
7. Select the Transfer Parameters tab in the Create Corporate Card Program page.
8. Click the Create Transfer Parameter dialog box.
Before you can download transaction files from American Express servers, you must set up a
Secure File Transfer (SFT) account with American Express and obtain the user name and
password that identifies your customer account on the SFT server.
Enter Values in the Transfer Parameters page.
9. Enter the values displayed in the table below in the Create Transfer Parameters page.

After you complete the tasks for corporate card transaction download, you can use the Upload
Corporate Card Transaction File program with the profile name as a download parameter to
download corporate card transaction files from American Express.
Note: American Express places one or multiple transaction files at a time in a folder called
Outbox in your customer account, but the Upload Corporate Card Transaction File program
processes only one file at a time. The process picks up the oldest file each time. To pick up
multiple files, you must schedule the Upload Corporate Card Transaction File process to
run multiple times.
Before you can process VISA, MasterCard, and Diner's Club corporate card transaction files,
you must set up an HTTPS server, configure the corporate card programs setup, and verify the
HTTPS server setup.
Practice 20-13: Creating a Corporate Card Program
Overview
In this practice, you show that your company has chosen American Express as your corporate
card issuer. You are ready to start processing corporate card transaction files. To enable the
processing, you will set up the applicable entities. You will complete the following tasks:
 Define a corporate card mapping rule.
 Create a corporate card program and company account number with American
Express.
 Assign the mapping rule to the corporate card program to enable the upload process to
derive corporate card expense types for the corporate card transactions.
Create a Corporate Card Mapping Rule

A corporate card mapping rule enables you to assign a corporate card expense type to the
transactions based on the transaction codes in the corporate card transaction file. Once the
corporate card expense type is derived using the mapping rule, the corporate card expense type
is converted to an expense type. This expense type is derived using the corporate card expense
type mapping in the default expense template.
Note: Only those corporate card transactions with associated expense types are displayed
in the Expenses work area
Assumptions
Tasks
Define a Corporate Card Mapping Rule

1. Navigate to: Setup and Maintenance > Manage Corporate Card Expense Type
Mapping Rules.
The Create Corporate Card Expense Type Mapping Rule dialog appears.
3. In the Name field, enter XXMapping Rule.
4. Select Source Lookup Type: MIS Industry Codes.
MIS Industry Codes is a lookup that contains the American Express corporate card
transaction codes that describe the type of transactions in the corporate card transaction
file.
5. Select Default Card Expense Type: Miscellaneous.
6. Map the Source Lookup Codes to the following corporate card expense types:
7. Select Source Lookup Code 01: Air.
8. Select Source Lookup Code 03: Hotel.
9. Select Source Lookup Code 05: Meal.
10. Select Source Lookup Code 08: Miscellaneous.
12. Click Done.
Creating a Corporate Card Program and Company Account Number with
American Express
A corporate card program represents your agreement with the card issuer, your organization
setup within the card issuer system, and the payment liability.
13. Navigate to: Setup and Maintenance > Manage Corporate Card Programs.
The Create Corporate Card Program page opens.
15. Enter Name: XXAMEX.
16. Enter Description: XXAmerican Express Travel Card.
17. Select Card Type: Travel.
18. Select Card Brand: American Express.
19. Click the Upload Rules tab.
20. Select File Format: American Express KR1025.
21. Select Employee Matching Rule for New Cards: Employee number.
22. In the Card Expense Type Mapping section, select Transaction Summary Mapping
Rule: XXMapping Rule. This is the mapping rule that you created previously.
23. Select Transaction Summary Source Column: MIS industry code.
24. In the Company Accounts section, click the Create icon.
The Create Company Account dialog opens.
25. Enter Company Account Name: XXCompany Account Name.
26. Enter Company Account Number: XX1000.
27. Enter Market Code: 001.
28. Enter Requesting Control Account Number: XX2000.
29. Select Card Issuer: American Express.
30. Select Card Issuer Site: UK - London.
31. Select Payables Business Unit: US1 Business Unit.
32. Select Payment Currency: USD – US Dollar.
33. Select Payment Terms: Immediate.
34. Select Payment Option: Both.
35. Enter Expense Clearing Account: 101.10.22190.000.000.000.
Note: If you receive an error message, click the Expense Clearing Account icon and
search for any missing segments in the Expense Clearing Account dialog box.
37. To exit the page, click Save and Close.
38. Click Done.
Practice 20-14: Setting Up a Corporate Card Usage Policy Warning
Demonstration
Overview
In this demonstration, your instructor will set up a warning to enforce corporate card usage.
Assumptions
Tasks
Corporate Card Usage Policy Warning

If the Airfare category has been adjusted already, select another expense category and add
parameters.
1. Navigate to: Setup and Maintenance > Define Credit Card Data.
2. Click the US1 Business Unit link.
3. For Airfare, do the following:
 Enter Cash Limit: 100.00.
 Enter Warning Tolerance Percentage: 0.00.
 Select the Display Warning to User check box.
5. Click Done.
Practice 20-15: Creating Receipt and Notification Rules
Overview
In this practice you will be creating an Expense Report Receipt and Notification Rule.
Assumptions
Tasks
Create Expense Report Receipt and Notification Rule
1. Navigate to: Setup and Maintenance > Manage Expense Report Receipt and
Notification Rule.
2. Specify the type of receipt your company requires for expense report submission in the
header of the Create Receipt and Notification Rule page:
3. Specify the stage when imaged receipts must be attached to the expense report by the
employee.
4. Specify when missing and overdue expense report receipts are considered overdue.
5. Specify when expense report payments should be placed on hold due to pending receipts.
6. Specify the level on which you want to define receipt rules. You can specify receipt rules at
all, any, or none of the following levels:
 Organization Level
 Template Level
 Expense Level
7. For the Organization Level:
Navigate to: Setup and Maintenance > Manage Expense Report Receipt and
Notification Rules > Create.
8. For the Template Level:
Navigate to: Setup and Maintenance > Manage Expense Report Template > Create >
Receipt Requirement tab.
9. For the Expense Level:
Navigate to: Setup and Maintenance > Manage Expense Report Template > Create >
Expense Types tab.

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Oracle Financials Cloud:

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Oracle Financials Cloud: Financials Implementation for R11 Table of Contents

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Oracle Financials Cloud: Financials Implementation for R11 Table of Contents

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Oracle Financials Cloud: Financials Implementation for R11 Table of Contents

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Oracle Financials Cloud: Financials Implementation for R11 Table of Contents

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Practices for Lesson 1: Introduction to Oracle Cloud Financials Implementation

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Practices for Lesson 2: Introducing Oracle Fusion Navigation

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Practices for Lesson 2: Introducing Oracle Fusion Navigation

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Practices for Lesson 2: Introducing Oracle Fusion Navigation

3. Click the Sign in button.

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12. Enter Navigate in the search field and click Enter.

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Practices for Lesson 2: Introducing Oracle Fusion Navigation

8. Click the View Report link on the bottom of the chart.

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Practices for Lesson 3: Overview of Oracle Fusion Functional Setup

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Expand the Offerings

View Setup Tasks

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9. Click Save and Open Project.

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Practices for Lesson 4: Security Overview

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