Oracle Fusion
Applications is an ERP software which is a complete set of business
applications that sets the new standard for innovation, work, and adoption. And
been built from the best features of following ERP’s.
• EBS
• JD Edwards
• People Soft
• Siebel
Oracle Fusion Applications also
provides powerful reporting (Includes Graphical reporting) toll which empowers
top management to take business decisions. Following are the reporting tools
available.
• KPI (Key Performance Indicators)
• Dash Boards
• Ad hock Reports using OBIA
• Real time Reports using OTBI
• FR Reports
• Hyperion Reporting(Smart Views)
Following are the Modules
available in Financials.
• General Ledger
• Accounts Payable
• Tax Engine for Tax Calculation
• Asset Management
• Payments and Collections
• Accounts Receivable
• Cash & Expense Management
• Following are the few Differences between Oracle EBS & Fusion
EBS
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Fusion
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Product-specific setup
requires logging in/out of each product
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Central place to enter
all setup across products
(FSM)
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No sequential listing of
setup tasks
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Auto-generated list of
setup tasks with dependencies (pre-reqs) identified
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No ability to assign
tasks and monitor progress
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Can assign tasks, mark
status, set due dates
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No ability to copy setup
data across instances
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Can export and import
setup to any instance
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Setup Data NOT sharable across BUs (OUs)
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Reference Data (Setup) can be shared
across Bus
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Product-Specific Setup
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Centralized Setup Across All Products
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Responsibility
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Data Role (automatically generated when
BUs and Ledgers are defined)
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Business Group
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Term Change: Enterprise
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Establishment
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Term Change: Legal Reporting Unit
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Operating Unit
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Term Change: Business Unit
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No Spreadsheet to upload LEs, BUs, COA
Values, COA Hierarchies, Ledgers, Banks and Bank Accounts
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Integrated Spreadsheets to upload all
via Functional Setup Manager(Rapid Implementation)
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Unified chart of accounts that includes
segments, qualifiers and value sets
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Separation of COA structure and instance
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One Balancing Segment and a Secondary
Tracking Segment
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Three Balancing Segments; no secondary
tracking segment
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Segment Qualifier
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Terminology Change: Segment Label
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No Date Effective Hierarchy
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Date Effective Hierarchies
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Segment Value Security at Segment level
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Segment Value Security at Value Set
level
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Relational Balances (balances stored in
tables)
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Multi-dimensional balances (embedded
Essbase cube)
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Mass Allocations, and AutoAllocations
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Hyperion Calculation Manager (graphical
tool that can leverage trees for allocations)
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Web ADI for spreadsheet integration
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ADFDI (ADF Desktop Integration) for
spreadsheet integration
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Global Consolidation System (GCS)
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Hyperion Financial Management (HFM)
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Budget Wizard, Budget Journals
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Budgets must be loaded directly to
Essbase Cube for Budget vs. Actual Reporting
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