R12i Oracle Intercompany Orders and Intercompany Invoicing across Operating Units

Introduction

When you process and invoice an order, the selling organization records entries to accounts receivable, for revenue, tax, and freight. The shipping warehouse records entries to the inventory asset account and the cost of goods sold (COGS) account. When the above scenario involves a selling organization in one operating unit, and a shipping organization in another operating unit additional accounting must take place.

The shipping organization must bill the selling organization at the transfer price, and the selling organization must make the corresponding payment. The intercompany accounts receivable invoice is the transaction the system uses to record the intercompany receivable accounting for the shipping organization. It debits the intercompany accounts receivable at transfer price, charges tax, freight, and credits intercompany revenue.

The intercompany accounts payable invoice is the transaction the system uses to record the payable accounting for the selling organization. The system debits intercompany COGS and freight, and credits the intercompany payable account.

Course Objective

This course teaches students about the basic Oracle Intercompany Invoicing, including the way to to setup an organizational's functional Enterprise Structure in Oracle E-Business Suite.

It will be useful to anyone who is new to Oracle Inter-company Invoicing and looking for understanding the basic concepts inter-company orders and associated inter-company invoicing across Operating Units.

Environment

We will be using the following environment for demonstration:

+ Oracle E-Business Suite Release 12.2.x

Learning Objectives

By the end of this course you will be able to learn complete Inter-company business process flow spanning across multiple Operating Units. 

Audience

Oracle EBS instance can be used for demo or personal learning purposes. Following are potential audience for this course:

+ Business Users

+ Anyone who wants to learn Oracle E-Business Suite Financials and SCM

+ Oracle Functional Consultants

Kabeer is a seasoned Oracle professional and has been working with Oracle Applications since last 20 years. He is proficient in Oracle E Business Suite, Oracle Fusion Cloud Applications and  Solution Architecture. Originally from India, he has traveled extensively on consulting assignments across South Asia and Australasia. He has worked with some of the well known large corporations, including Oracle Corporation in their Consulting Services division.

He started his career by learning Oracle Applications on 10.6 Character and 10.7 Smart Client versions. Since then he has extensively worked on Oracle E Business Suite releases 11, 11i and up until the latest release 12i.

Since last couple of years Kabeer has been managing Oracle Fusion Cloud Applications, Enterprise Server Virtualization using VM and Solution Architecture.

Kabeer likes to work out in gym a couple of times in a week, and loves to go on hiking to natural bushes, beaches and countryside over the weekend.

 

Classes by this teacher