What are the steps followed in creating the accounting
flexfields?
Answers were Sorted based on User's Feedback
Answer / mallikharjuna
In accounting accounting flexfield no need to creating accounting flexfield,because there already existing accounts.
Is This Answer Correct ? | 7 Yes | 2 No |
For setting up of accounting flexfield, follow the below steps.
1. Decide your accounting flexfield segments and its characteristics.
2. Define the valueset for each segment - This should be the first step in Oracle Fusion, but can be slightly later in R12.
3. Define accounting flexfield structure and then add segments (attach the valuesets for each segment).
4. Complete flexfield qualifiers
5. Optionally enable other options (like dynamic insert) and then compile the flexfield structure
Note: In Oracle Fusion, there is a slight change. Flexfield structures are not used, instead COA instances are used. We can create only ONE structure, but we can create multiple instances.
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / vvrmca
i think no need to create accounting accounting flexfield it
is already existing.just we setuping that accounting flexfield
for that u have to follow below steps
the structure of accounting flexfield is
COMPANY-ACCOUNT-COSTCENTER
GL--->SETUP--->FINACIALS--->FLEXFIELDS--->KEY--->SEGMENTS
press find icon
select the application and AFF.
ok.
Is This Answer Correct ? | 4 Yes | 8 No |
What is the purpose of secondary tracking Flexfeild Qualifier
what is the gap analysis, how do you defined.what are the pre- requisities
What is Auto cash Rule Set in receivables ?
What is Intercompany Invoicing?
What is meant by pay on receipt auto invoice?
Why should i attach the Natural Account flex field qualifier to the segment?
I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.
On what basis you will define accounting structure
what are the accounting entries which get effected in order to cash cycle
8 Answers Cognizant, Oracle, TCS, Wipro,
Payment void is disabled for only one specific payment. what will be the problem..if any idea Please guide me
What are register in India localisation?
How we will generate balance sheet through r12