If you organization is into Multiple Business Group, Legal Entity, Operating Units – especially Oracle Financials helps your organization to built a Centralized application to maintain those records in a single integrated system
Multi Ledger Architecture
Each Legal entity & Each Operating Units can owns a separate Ledgers to maintain your Financials business transactions. You can configure a Primary Ledger, Secondary Ledgers and Reporting Ledgers as per the Statutory requirements, Management Team
Your transactions can be recorded in One single functional currencies and the same can be reported in multiple currencies by configuring the Reporting Ledgers.
Records the Transactions as per the Indian GAAP and Reports the same transactions to your Parent Company as per the US Accounting Standards or European GAAP. By configuring the Secondary Ledger Concept the IFRS Standards can also be configured
Almost 250+ Standard Reports are available in the entire Oracle Financials Modules and we can leverage the benefits of customizing a new report through Financials Statement Generator (FSG) Tool without any programming knowledge.
Configure a Budget and be controlling your expenditures
Maintain records in Multiple Ledgers and consolidate the Data’s to the Parent Ledgers
Global Intercompany system enables your organization to set the Behavior of Your Intercompany transactions
Process a Procure to Pay or Order to Cash Life Cycle transactions, system by defaults generates the Accounting Entries based on the Events & transfers the same to Ledgers automatically
Sub Ledger Accounting
Enter a Transaction in a Module & get multiple representation of Accounting Rules for Multiple Ledgers
Configure e-Business Tax Module as a centralized engine and use the common tax Name in Multiple Modules & Oracle EBS supports both general taxes and Local taxes by configuring the Localization in all the Modules
Vendor Invoices are highly managed and controls by matching to the Purchase Orders & Receipts, Ensure the Payments are done only for the materials consumed or procured.
Expense Report Approvals
Easy & comfortable process on ensuring the employees are paid in time & with an approval Management on controlling the expenditures.
Multiple Payment Methods
Configure a Check, Electronic, P-Card Payments directly from EBS Application.
Generate Customer Bills as per the required formats for each customers and maintain records and statements in a effective manner.
Indentify Your Receivables and Payables
Fraction of Second & Process the Aging Reports to get a complete Cash Inflow & Cash Outflow Reports.
Ensure & authenticate your Ledgers Cash balance synchronize with the Bank Balance.
Complete Asset Management System
What Assets, Where it is located, Process Deprecation, Maintain Records based on Companies Act and Tax Rules.
End to End Configuration of Procure to Pay & Order to Cash Life Cycle
Easy & flexible Application for Users, Auditors & Management Team