Oracle Fusion Financials Cloud Tutorials

Oracle Fusion SaaS Cloud Fundamentals - Setup Enterprise Structure

Oracle Fusion Applications have been designed to ensure your enterprise can be modeled to meet legal and management objectives.

The decisions about your implementation of Oracle Fusion Applications are affected by your:

• Industry

• Business unit requirements for autonomy

• Business and accounting policies

• Business functions performed by business units and optionally, centralized in shared service centers

• Locations of facilities

Every enterprise has three fundamental structures that describe its operations and provide a basis for reporting.

• Legal

• Managerial

• Functional

In Oracle Fusion, these structures are implemented using the chart of accounts and organization hierarchies. Many alternative hierarchies can be implemented and used for reporting.

In this course, the students will learn how to setup and implement Enterprise Structures, which includes setting up of the following entities in Oracle Fusion SaaS Cloud:

• GL Calendar
• Legal Addresses
• Legal Entity
• Chart of Accounts (COA) Value Sets and associated Values
• Chart of Accounts (COA)
• Primary Ledger
• Assigning Legal Entity to Primary Ledger and complete Accounting Configuration
• Locations for Business Units and Inventory Organizations
• Business Units and Business Unit Set Assignment
• Facility, Facility Shifts and Facility Workday Patterns
• Item Master Inventory Organization
• Transactional Inventory Organizations
• Setting up Users and assigning Roles