News & Events

Oracle E-Business Suite r12 – What is new?

Thinking about upgrading to the latest release of Oracle E-Business Suite, here are some of the new features and enhancements of Oracle EBS r12:
Changes in Financial Modules

General / Architectural

• Multiple user interface improvements (web, fewer clicks etc)
• BI Publisher introduced much more widely including many standard reports
• Banks and bank accounts centralised in TCA Model, owned by CM
• Suppliers moved to TCA and model changed for addresses
• Wholly new module, Oracle Payments : linked to AP, AR
• Wholly new module, e-Business Tax
• Sub-ledger Accounting gives consistency across modules
• Legal Entity level data

General Ledger

• Ledgers replace Sets of Books – defined by 4th ‘C’ Accounting Method
• Accounting Setup manager greatly simplifies set up and minimises danger of errors
• Reporting Currencies embeds old MRC feature as standard
• Journal Copy – can copy entire batches with any status
• Replacement for Disabled Accounts

Accounts Payable

• New User Interface for Supplier Maintenance (web-based)
• Supplier bank accounts have new data model
• TCA changes mean address changes instantly replicated across OUs
• Invoice Lines introduced to data model to give more realistic representation
• Backward compatible views for old supplier tables to minimise changes
• Employee Suppliers data remains in HR for security reasons
• Flexible payment runs in collaboration with new Payments module

Payments Manager

• Payments Manager is a New User Interface facility to control:
o The creation of payment batches
o The usage of Payment Templates to speed invoice selection
o The scheduling of payment runs
o The modification of invoice selection
o The execution of payments via Cheque, wire, electronic funds transfer etc.
o The voiding or stopping of payments

Accounts Receivable

• Dunning moved to Advanced Collections
• Dunning, Invoices and Statements under BI Publisher
• Line level cash applications
• Funds Capture enhancements in tandem with new Payments module
• Refunds enhanced with AP
• Improved late charges

Assets

• Sub-Ledger Accounting used to interface to GL
• Option to keep Workflow Account Generator

Cash Management

• Bank/Branch/Account model moved to CM and web screens
• Data model changed to split Banks and Branches properly
• Banks secured by Legal Entity, not Operating Unit

R12 Architectural Changes

Multiple Organisation Access Control

• Enter transactions for multiple operating units without switching responsibilities.
• Pay invoices for multiple operating units in a single pay run.

General Ledger

• Data Access control allows simultaneous access to multiple Ledgers
• Data Access Security by Ledger, Entity, balancing segment, management segment
• Secondary Ledger for reporting – can be driven from SLA (dual posting)

Accounts Payable

• Processing and reporting available across multiple Operating Units
• Includes line level approval
• AP/AR Netting via agreements, with review step
• Complex Invoice Processing e.g. for retainage
• iSupplier portal allows Invoice Requests for non-PO invoices

Upgrade Advantages

• Eliminates de-support risk
• Potentially lower support cost
• New or enhanced functionality, improved reporting capability
• Increased integration; potential to reduce customizations
• Opportunity to migrate to new hardware and operating system
• Versus re-implementation, an upgrade manages the migration of data and setups
If you are interested in upgrading to make use of these new great features, please get in contact with one of dsp’s Oracle E-Business Suite consultants.

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For more information or to schedule a demo please contact us

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