Jade Global's Blog

In today’s global economy, many large enterprises have locations around the world. Gathering everyone together for a meeting can be difficult, so when it comes to consolidating financial data, it’s even more complicated. Picture this: A local subsidiary of your enterprise does business in their local currency. Of course they do. And your parent company has a different primary accounting currency that’s the standard at that level. Having the local office use a fluctuating exchange rate to convert their financial data when rolling up their data to the parent company can lead to so many irregularities and complications. Read more about Oracle Financial Cloud Services . Having standard consolidation processes and solutions available to your employees at a global level can reduce these irregularities, and also make life a little easier for everyone. Work smarter With the differences in local and parent company financial and accounting practices, many global companies deal with inc...

 Requisition Creation: In R12 iProcurement, the users can see a new button for Managing Approval Routing lists in create requisition page under Approvals stage. The functionality remains the same as in 11i, but users can add/ delete the approvers and can make changes in the routing sequence in iProcurement itself. Learn more about Oracle EBS implementation . New country field is required when entering a “one-time” ship to address on create requisitions page. Oracle has introduced a new feature for Internal Requisitions and Internal Sales Orders. If the preparer makes changes for approved Internal Requisition, it will reflect in Internal Sales Order and vice versa. Oracle supports this feature only for few particular fields. For Internal Requisition Oracle supports changes to the following attributes: Quantity Need by Date If the preparer updates any of these values, the changes will be reflected in Internal Sales Order. Similarly, for Internal Sales Order, O...