Phases of Hr

Oracle Financial

Is using for the import the journals From Elixir And AIMS

set of books:- it is used to secure the ledger balances of an organization

it has 3 components

    • currency:- primary currency INR

    • calendar:- calendar is april to march

    • Chart of Accounts:-has following 11 segments

  1. Account

  2. Branch

  3. Department

  4. Policy Type

  5. Product

  6. Channel

  7. Company

  8. Project

  9. Future 1

  10.   Future 2

  11. Future 3

Journals :- there are two types of journals

Manual :- we can enter journals manually in GL Module. In around 40-60 manual journal entries is done in a month

Automated:-the journals which are imported from submodules and legacy system

is using FSG(Financial Statement Generator) Report to know overall ledger balances

Account Payables:- Is maintaining the supplier and invoice information. Account Payables is integrated to CMS

Following setups are done in account paybles

  1. Payable options

  2. financial options

  3. Entering Suppliers based on CMS data :- in agents and brokers are suppliers

  4. Create Internal bank and suppliers bank

  5. Enter Invoices : there are 7 types of invoices but currently is using only following invoices

    • Standard:-

    • Credit memo;-to reduce the supplier balance issued by the supplier

    • Debit memo:- to reduce the supplier balance issued by the

    • Pre Payments :- when we get the advance from the supplier , we will enter the amount in prepayment invoice

Two types of prepayment

                    1. Permanent Prepayment:- we cannot adjust this amount with any invoices. At any point of time permanent can be converted into temporary prepayment

                    2. Temporary prepayment:- we can adjust this amount to any invoices

After entering the invoices user will validate the invoice manually . By the end of the day runs the invoices register... [continues]

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