General Ledger

Currency, Calendar, Chart of Accounts - 3C's

Segments, Value Sets, Account Combinations
Set of Books
Period Types, Rates (Daily, Period), Calendars (Accounting,
Transaction)
Journal Sources, Categories, Recurring/Encumbrance
Journals
Profile options
Open/Close Accounting Periods
Business Group, Legal Entity, Set of Books, Operating
Unit, Inventory Org
Currency Translation &Revaluation
Mass Allocation, Consolidation, Intercompany
Budgeting, Suspense A/c, Encumbrance A/c
Security & Cross Validation Rules
Financial Statement Generator (FSG)

R12 Updates General Ledger.

Ledger & Ledger Sets
Multi Org Access Control (MOAC)
Sub Ledger Accounting Method (SLA)
4C's - Currency, Calendar, Chart of Accounting,
Accounting Convention
Data Access Sets
Accounting Setup
Multiple Currency Support, Foreign Currency Journals
Management Segment for Management Reporting
(Company, Account, Center, Balancing, Mgmt, 2-30)

Account Payables 11i

Financial Options, Payable Options
Payment Terms, Methods, Payment Batches
Suppliers, Signing Limits
Invoice Hold & Release Names
Payable & Purchasing Lookups
Distribution Sets, Tolerances, Special Calendar
Bank Account & Branch
Invoices Batches - Quick, Recurring, Expense
Reports
Invoice Types - Standard, Credit Memo, Debit
Memo,ExpenseReports, Mixed,
Prepayment,Withholding Tax, PO PriceAdjustment
Credit Card Payments
Encumbrance Accounting, Withholding Amounts

R12 Updates Payables

Multi Org Access Control in Payables, i.e. switch
OU/LE
Suppliers in Trading Community Architecture
(TCA), single site for multiple operating units
Sub Ledger Accounting Method in AP
E Business Tax
Invoice Lines - line level approvals and select the
operating unit/entity
Improved Integration & Asset Tracking,
enhanced approvals
One setup for suppliers, i.e. No OU dependence
specific

Account Receivables 11i

Receivable Activities, Receipt Class/Sources
Auto Cash Rule Sets, Grouping Rules
Receivable Lookups, Organizations, Program
Billing
Payment Terms, Methods
Auto Accounting Rules
Transaction Types & Sources, Revenue
Recognition
Accounting
Approval Limits, System Options
Collectors, Distribution Sets, Sales Persons
Aging Buckets, Dunning Letters
Customers, Profile Classes, Lockboxes
Credit Memo, Debit Memo, Invoice, Bills
Receivables
Transaction Batches, Receipt Batches
Items & Categories, Unit of Measures
Tax Codes, Sales Tax Rates, GL Tax
Assignments

R12 Updates Receivebles

Balance Forward Billing, Credit Card Chargeback
AP/AR Netting
Daily Revenue
Automated Refunds
SLA in Receivables, MOAC
Cost of Goods Sold (COGS) & Revenue Matching
Revenue Contingencies
Centralized Payment Process

Fixed Assets 11i

Location Flex field, Asset Key Flex field
Book Controls, System Controls
Asset Categories & Keys
Depreciation Methods - Flat, Formula, Table,
Calculated, Production
Asset Category Flex field
Fiscal Years
Prorate/Retirement Conventions
Assets work bench, Mass Additions
Warranties, Bonus Rules, Leases
Quick Codes, Rollback Depreciation

R12 Updates Fixed Assets

Legacy Conversions with enhanced mass
additions
API's for Mass Transactions
Automatic Preparation of Mass Additions
Enhanced Solution for energy industry and new
depreciation methods
Sub ledger Accounting and Reporting
Flexible Reporting with XML publisher
Automatic Depreciation Rollback

Cash Management
Bank Accounts, Branches
Profile options
Banks Transaction Code
Cash Forecasting & Positioning
Bank Statement & Reconciliation
Payments, Receipts
Bank Account Signing Authority
R12 Updates
Bank Account Model & Bank Account
Transfers
Bank Account Balances & Interest
Calculations
Sub ledger Accounting
Banks Statement Reconciliation
Cash Pooling
Multi Org Access Control and Security

EB Tax
TaxAuthority, Tax Regime, Jurisdiction, Tax
Status, Tax Rate
Tax Definition , Configuration, Rule Engine,
Services, Tax Management
Purchasing
Purchasing options, Financial options
Inventory & Purchasing Accounting Period
Unit of Measure
Receiving Options
Inventory Key Flexi field
Purchasing Lookups & Classes
Items & Categories
Requisitions, Quotation, RFQ, PO
Manual or Automated Purchase Order Standard, Contract, Blanket, Planned
2 Way Matching - PO & Invoice Qty, 3 Way
Matching - PO, Received & Inv Qty, 4 Way
Matching - PO, Inv Qty, Received & Accepted.

Procure to Pay
Creation of Requisition, Purchase Order
Receipt - Receiving A/c (Dr), AP Accrual A/c (Cr)
Delivery - Raw Material Sub Inventory, Purchase Price
Variance A/c (Dr), Receiving A/c (Cr)
Invoice Matching with PO - AP Accrual Liability A/c, Invoice
Price Variance A/c (Dr), AP Liability A/c (Cr)
On Making Payment - Liability A/c (Dr), Cash (Cr)
P to P Steps using AP, AR, PO, INV, OM, BOM, MFG
Creation of Items, Setting up Selling Price for an Item, Define
customer, Creation of Sales Order
Enter Item Costs, Resources, Departments, Routing, Bills of
Materials, Suppliers, Purchase Requisitions
Purchase Order, Inventory Receipt, Auto Create Supplier
Invoice
Create & View Invoices, make payments in AP, Payment
Reconciliation
Sales Order Booking, Releasing, Ship Confirm the Finished
Goods
Run Auto Invoice, View Sales Invoice, Create Receipt,
Remittance & Account Balances, Receipt reconciliation.

Order to Cash
Sales Order Entry & Pricing, Booking & Credit
Check, Order Promising & Scheduling, Pick
Release - Material A/c (Dr) ,To Sub Inv, Material
A/c (Cr) ,from Sub Inv
Ship Confirm - Cost Goods Sold A/c (COGS)
(Dr), Material A/c (Cr)
Invoicing - Receivables A/c (Dr), Revenue Tax,
Freight A/c (Cr)
Receipt - Cash A/c (Dr), Receivable A/c (Cr)