Enterprise Resource Planning

ebs

Oracle E-Business Suite

The Oracle Financials Centralized Solution Set is an unprecedented, centralized architecture that standardizes accounting, intercompany processing, and transactional taxes across your entire enterprise. It encompasses a powerful global accounting solution, a robust intercompany solution, and a global tax solution – all built to work together on the E-Business Suite’s unified information architecture. Enterprise application users play multiple roles. With the proliferation of enterprise information across disparate data sources, the business user needs a pervasive, fast, and accurate search experience across the enterprise application domain. Business users are adept at using search technology on the internet, and they expect a similar search experience within enterprise applications.

Business Benefits

  • Improve consistency with global accounting.
  • Easily achieve compliance with tax rules.
  • Gain efficiencies with highly automated processing.
  • Improve enterprise visibility with centralized and integrated tax and accounting.

Features

Accounting

  • Compliance with multiple accounting policies through user-defined accounting rules.
  • Single source of truth for all subsystem accounting activity.
  • Accounting, reconciliation, and reporting facilitated by a central data model.
  • Auditable and transparent accounting entries accessible with full drill-down.

E-Business Tax

  • Enforcement and tax compliance with configurable business rules.
  • Centralized tax repository for auditing and reporting.
  • Tax simulation for previewing effects of changing tax rules and rates.

Advanced Global Intercompany System

  • Streamlined intercompany trading with unlimited trading partners.
  • Local statutory compliance with intercompany invoices.
  • Interactive intercompany reconciliation and drill-down.
  • Transaction-level balancing for subledger applications.
  • Intercompany calendar controls transaction entry at the period close.