Fusion Receipt Accounting

Sreeni Devireddy
Platform Technology Solutions
Oracle Development

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Safe Harbor Statement
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commitment to deliver any material, code, or functionality, and should not be relied upon
in making purchasing decisions. The development, release, and timing of any features or
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Agenda
1 Subledger Accounting (SLA) Architecture
2 Transaction Account Builder (TAB)
3 Receipt Accounting

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Agenda
1 Subledger Accounting (SLA) Architecture
2 Transaction Account Builder (TAB)
3 Receipt Accounting

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Architecture
What is SLA?

SLA EVENTS table

Subledger
Receiving (3888-000-21445-3888) 500 USD Dr
Receiving Event Accounting Accrual (3888-000-34523-3888) 500 USD Cr
Receiving Engine

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Architecture
Flow

Fusion Subledger Fusion

Fusion Accounting General Ledger
Subledgers

Subledger Accounting Subledger Journals GL Journals

Dr Cr Dr Cr
Engine

Subledger GL Balances
Balances

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Architecture
Event Model

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Architecture
Journal Entry

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Architecture
Structure

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Fusion Vs EBS
EBS

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Agenda
1 Subledger Accounting (SLA) Architecture
2 Transaction Account Builder (TAB)
3 Receipt Accounting

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Overview

Account Generator
E-Business Suite
Workflow

PeopleSoft ChartFields

Automatic Accounting
JD Edwards
Instruction (AAI)

Transaction Account
Fusion Applications
Builder

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Architecture
Application

Transaction Account
Definition

Transaction Account
Types

Account Rule

Sources / Mapping Sets

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Accrual Account

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Charge Account

* Purchasing Natural Account for Transaction Account Builder

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Variance Account

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Agenda
1 Subledger Accounting (SLA) Architecture
2 Transaction Account Builder (TAB)
3 Receipt Accounting

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 Receipt Accounting Flow (with no variance)
(20 * 10) Raise Purchase Order TAB

Receive Receiving Inspection DR 200

D Accrual CR 200
Transfer Transactions from Receiving to Costing Receipt I
I S
N Accounting T
Create Receipt Accounting Distributions T R
E I
Create Accounting R B
F U S
A T Inventory DR 200
Deliver / Put Away C I L Receiving Inspection CR 200
Cost
E
Accounting
O
N
A
Transfer Transactions from Inventory to Costing
S
Create Cost Accounting Distributions

Create Accounting
Accrual DR 200
(20 * 10) Invoice Liability CR 200

Create Accounting Match Receipt Accruals

Transfer Costs to Cost Management Accrual Reconciliation Report Accrual CR 200 Accrual DR 200

* for inventory items (accrue on receipt)

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 Receipt Accounting Flow (with price variance)
(20 * 10) Raise Purchase Order TAB

Receive Receiving Inspection DR 200

D Accrual CR 200
Transfer Transactions from Receiving to Costing Receipt I
I S
N Accounting T Receiving Inspection DR 20
Create Receipt Accounting Distributions T R IPA CR 20
E I
Create Accounting R B
F U S
A T Inventory DR 200
Deliver / Put Away C I L Receiving Inspection CR 200
Cost
E
Accounting
O
N
A
Transfer Transactions from Inventory to Costing Inventory DR 20
S
Receiving Inspection CR 20
Create Cost Accounting Distributions

Create Accounting
Accrual DR 200
IPV DR 20
(20 * 11) Invoice Liability CR 220

Create Accounting Match Receipt Accruals

Transfer Costs to Cost Management Accrual Reconciliation Report Accrual CR 200 Accrual DR 200

* for inventory items (accrue on receipt)

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Receipt Accounting Flow (with quantity variance)
(100 * 9) Raise Purchase Order TAB

Receive Receiving Inspection DR 900

D Accrual CR 900
Transfer Transactions from Receiving to Costing Receipt I
I S
N Accounting T Accrual DR 9
Create Receipt Accounting Distributions T R Receiving Inspection CR 9
E I
Create Accounting R B
F U S
A T Inventory DR 900
Deliver / Put Away C I L Receiving Inspection CR 900
Cost
E
Accounting
O
N
A
Transfer Transactions from Inventory to Costing Receiving Inspection DR 9
S
Inventory CR 9
Create Cost Accounting Distributions

Create Accounting
Match Receipt Accruals
Accrual DR 891
(99 * 9) Invoice Accrual Reconciliation Report Liability CR 891

Create Accounting Clear Receipt Accrual Balances

Accrual CR 900 Accrual DR 891
Transfer Costs to Cost Management Accrual Reconciliation Report
Accrual CR 891 Accrual DR 891

* for inventory items (accrue on receipt)

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Non Accrue On Receipts

• After AP period is closed

– Create Uninvoiced Receipt Accrual
– Create Entries for Receipt Accounting

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Accrual Clearing Rules
• Define accrual clearing rules to clear accrual balances automatically
• Accrual balances are often of unknown origin and unpredictable
• With accrual clearing rules you can specify when accrual balances should be
cleared and written off
• The Clear Receipt Accrual process scans for applicable rules on the transactions,
and clears the balances when rule criteria are met

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