This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:
| Date | Product | Feature | Notes |
|---|---|---|---|
| 03 SEP 2021 | Created initial document. |
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Collaboration Messaging Framework
Collaboration Messaging Framework
Business-to-business (B2B) messaging is a key component of collaborative relationships and can increase the quality, quantity, and frequency of information that can be exchanged between trading partners. However, the differences in B2B standards, technical capabilities of trading partners, and the diversity of trading partners can make this costly to establish and maintain. Oracle Supply Chain Collaboration and Visibility Cloud manages B2B communications with trading partners by leveraging the Oracle Collaboration Messaging Framework, a next-generation B2B messaging platform that maps and routes standards-based B2B messages through a B2B solution provider, on-premise B2B application, or direct to the trading partner. Oracle Collaboration Messaging Framework is a common infrastructure component that is included with all Oracle Cloud Applications environments at no additional charge. It is also tightly integrated with Oracle Cloud Applications, making it easy for Oracle Supply Chain Collaboration Cloud customers to set up and manage multiple trading partner connections.
Send messages to your trading partners using Secure File Transfer Protocol as the delivery method.
Find a Document Using a Description Instead of a Coded Value
Select a document using a description available in the collaboration document column instead of a coded value in the name column.
Service Excellence Continuing Investments
In this update, our ongoing investment in service excellence includes improvements in performance, usability, and messaging. Refer to the What's New for more information.
Tax Exception Application to Related Taxes
Apply the tax exception derived for a source tax to related taxes in the same regime or jurisdiction. For example, apply the tax exception derived for a US State tax to City or County taxes. This reduces the setup and ongoing maintenance, and improves the run-time performance during tax calculation processing.
Tax Registration Number Masking
Mask the tax registration number on all transactions to comply with the European Union General Data Protection Regulation for data protection and privacy of all individuals within the European Union and European Economic Area. The tax registration number is overwritten with a random number.
Customer Dispute Submission Using a REST API
Submit customer disputes for one or more transaction lines using the Receivables Dispute REST API. Specify the specific transaction line or lines to dispute and the reason for the dispute. The REST API both creates the dispute and initiates the credit memo approval workflow.
Party and Party Site Fiscal Classification Assignment Using REST APIs
Create party fiscal classification assignments for suppliers and customers using the Party Fiscal Classification Assignment REST API, and for supplier sites and customer sites using the Party Site Fiscal Classification Assignment REST API. This avoids manual user intervention to assign party fiscal classifications after creating a party or party site using a REST API.
Print Attributes Update Using a REST API
Update print attributes, such as the print status, when printing or reprinting transactions using the Receivables Invoice REST API. This helps users maintain the most current record of printed transactions.
Simplified Workflow Rules Configuration
Use the Simplified Workflow Rules Configuration feature to create workflow rules for Payables Invoice Approval and General Ledger Journal Approval workflows using spreadsheets. Download templates using the Manage Workflow Rules in Spreadsheet task to create and manage workflow rules as per your approval policies.
This feature was introduced in update 18C. In update 21D, you can specify custom values for start approver name for rules using Supervisory Hierarchy or Job Level Hierarchy approval routing. Example: 'Manager of Invoice Line.Project Manager Name' or 'Invoice Line.Project Manager Name'.
Budget Creation and Synchronization Using Spreadsheet for Both Budgetary Control and General Ledger
Enter budgets in a spreadsheet to create budgets and synchronize budget balances for both Budgetary Control validation and for General Ledger reporting and inquiry.
Configurable Import Submission Options for Journal Creation Spreadsheet
Control the display of submission options when loading journals using the Create Journal in Spreadsheet task.
Joint Venture JADE Audit Report Improvements
Joint venture audit report improvements:
- Enables auditors to view additional transaction details on the Joint Audit Data Exchange (JADE) report.
- Wider selection criteria enables the joint venture accountant to generate audit reports for a larger set of transactions.
Joint Venture Operational Measures and States
Record and manage date effective operational states and measures for various levels within a joint venture to achieve more accurate calculations for overhead and allocation of accounting amounts. Operational states enables tracking of the status of a joint venture. Operational states are industry-specific and are therefore user-defined. Examples from the Oil & Gas industry would be exploration, production, on hold, or complete. Operational measures provide statistics for the activities associated with the joint venture such as units of production, water usage, equipment hours, or employee hours. These operational states and measures provide additional visibility into the operations of the joint venture.
Enhancements include:
- Operational States application that enables you to record and manage date effective operational states for your joint ventures at all levels within the joint venture.
- Operational Measures application enables you to define the different types of measures you will be tracking for your joint ventures and to also record and manage date effective operational measures for your joint ventures at all levels within the joint venture.
Joint Venture Partner Contribution Requests
Provides the ability to initiate joint venture partner contribution requests from within Joint Venture Management and automate the creation and processing of partner contributions. This feature also includes generating receivables invoices for the partner contributions and capturing references of the receivable invoices within Joint Venture Management.
Joint Venture Subledger for Internal Transfers
This functionality automates the process to distribute costs to all partners, including internal stakeholders that manage their financial accounts in the same primary ledger as the joint venture, but in a separate cost center. You can now automatically create internal transfer journal entries to transfer the distributed costs from the joint venture to an internal partner that does not want to receive an invoice.
Enhancements include:
- A Joint Venture Subledger that's fully integrated with Subledger Accounting. This subledger is used to create internal transfer journal entries from Joint Venture Management for posting to the General Ledger.
- Interactive processes to review the results of the creation of the joint venture internal transfer source transactions, the status of the joint venture subledger transactions, and the distributions associated with a specific internal transfer transaction.
Joint Venture Transaction Status for Identified Transactions That Are Not Distributable
Provides the ability to change the joint venture transaction status to "Not Distributable" for all transactions, not just for project-related transactions. Prior to this enhancement, companies could only put transactions on hold if they did not want specific transactions to be distributed and billed to partners. Included is the ability to specify a change reason and change reason description for this and any other change made to Joint Venture Transactions, thus improving auditing of any changes made.
Receivables Invoices in Partner Currency
The ability to use alternate currency enables the managing partner to create joint venture invoices in various currencies while continuing to report in their ledger currency. Prior to this enhancement, managing partners could create joint venture invoices only in the primary ledger currency associated with the joint venture.
Subledger Accounting Simplified Navigation from Joint Venture Management
Providing the ability to drill down to the associated subledger accounting transaction from Joint Venture Management enables the joint venture accounting manager to quickly identify the original transaction that was distributed to joint venture partners. Prior to this enhancement, a joint venture accounting manager would manually go the associated original transaction in case of questions or disputes, which is time-consuming.
Usability and Navigation Improvements for Joint Venture Transactions
Usability improvements in Joint Venture Management applications provide increased productivity through reduction of clicks, minimized scrolling, and simplified navigation.
Enhancements include:
- Incorporation of intuitive and simplified application designs in the Joint Venture Transactions work area that focuses on an engaging user experience.
Asset Book Change During Source Lines Preparation
Change an incorrect asset book during source line preparation when a primary ledger has multiple associated corporate books. Use either the Assets page or the Prepare Source Lines page to change an incorrect asset book for Payables invoice lines transferred through the Create Mass Additions process.
Rule-Based Asset Book Defaulting for Invoices Transferred from Payables
Assign a default asset book to source lines transferred from Payables based on the qualified segments of the asset clearing account including balancing segment, cost center, and natural account.
Capture rent changes by rate or by amount, and automatically modify the rent according to the change. The lease terms and conditions often include an automatic increase or decrease of the rental payment based on a fixed percentage or fixed amount. For example, rental payments may automatically increase two percent each year to cover inflation.
Lease Disclosure and Transaction Reports
Generate reports to help lessees create disclosures according to IFRS16 and ASC842 standards. The reports include lease information, lease costs, cash, and right-of-use and liability balances. The reports provide balances and the related transactions that result in the balance changes from period to period.
Update operating expense payments with the actual amounts before sending them to Payables for processing. The lease administrator can capture both rental and operating expense payments related to a lease. The operating expenses are often just an estimate at the beginning of the lease, and the amount can change each period. For example, the lease administrator may capture estimates for future utility charges. The actual amount invoiced to the lessee is what should be paid to the supplier or lessor.
Attendee Capture in Expenses Mobile Application
Capture employee and non-employee attendee details for all expense types to accurately track attendees.
Auditing of Duplicate Expenses and Expenses Under Receipt Threshold
Route expenses for audit that were identified as duplicates by the Expenses application and changed to actual expenses by employees. Detect expenses that circumvent receipt requirements by being under the receipt thresholds enforced by the company.
Detailed View of Audit Results in Expense Audit
Display automatic audit checks performed on expense reports using audit rules. Provide auditors with a detailed view of these audit results.
Expense Report Risk Indicator in Expense Audit
Evaluate the potential risk of an expense report using preconfigured rules and provide visual indicators for risk in the expense report audit.
Pay Group for Cash Advances and Expense Reports
Enable specific pay groups for cash advances and expense reports with negative reimbursement amounts. Creating distinct pay groups allows companies to process cash advance and expense reimbursements separate from the refunds collected from employees.
Policy Enforcement for Miscellaneous Expenses in Mobile Application
Validate miscellaneous expenses for policy violations within the Expenses mobile application. The mobile application performs the same validations that are enforced online. If your company policy permits submission of expenses with policy violations, provide a justification in the mobile application. If company policy does not allow an expense report submission with policy violations, you cannot submit an expense item. You must correct the expense item using the mobile application.
Project Expenditure Organization Capture in Expenses Mobile Application
Capture project expenditure organization in Expenses mobile application for project-related expenses. Provide a default project expenditure organization when applicable and restrict selection to valid project expenditure organizations.
Automatically Increment the Date Parameter for Cost Transfers to Cost Management Schedule Runs
Automatically increment the date parameter of the Transfer Costs to Cost Management process based on the scheduled frequency. Payables supervisors can use this option to schedule the process for the desired frequency without manual intervention.
Create Invoice for Items Ordered and Priced in Different Units of Measure
Create purchase order matched invoices for items with dual unit of measure (UOM). Dual UOM items can be ordered in the UOM used for packing and shipping. They are invoiced based on the actual weight of the items received in the item's secondary UOM.
Collections Strategies by Transaction Type
Define and run collections strategies based on the transaction type assigned to the transaction. This helps support more flexible and targeted strategies.
History of Collections Scoring Details
Maintain a history of collections scoring details, including the data point values, to better explain the score calculation.
Mass Reconciliation of Bank Statement Lines and System Transactions
Reconcile high volumes of bank statement lines and system transactions. This allows users to select and group several statement lines and system transactions outside the application and perform reconciliation.
Customer Dispute Submission Using a REST API
Submit customer disputes for one or more transaction lines using the Receivables Dispute REST API. Specify the specific transaction line or lines to dispute and the reason for the dispute. The REST API both creates the dispute and initiates the credit memo approval workflow.
Print Attributes Update Using a REST API
Update print attributes, such as the print status, when printing or reprinting transactions using the Receivables Invoice REST API. This helps users maintain the most current record of printed transactions.
Standalone Selling Prices in One Reference Currency
A business who establishes standalone selling prices in a single currency can now use those established standalone selling prices in accounting contracts denominated in other currencies.
Region and Country-Specific Features
Bulk Reprocessing of Fiscal Documents in Error Status for Brazil
Use the Import Fiscal Document Approval FBDI for Brazil to reprocess in bulk the fiscal documents returned in error by the tax authority.
On-Account Credit Memo for Portugal
Allow on-account credit memos in Portugal. This was previously not available for Portugal.
Single Step Submission of Select Transactions for Tax Reporting and Tax Allocation Processes
Submit the Select Transactions for Tax Reporting and the Tax Allocation processes in one step.
U.S. Federal BETC on Interest Invoice
Populate the Business Event Type Code on interest invoices to properly classify the type of payment for inclusion in SPS and PAM payment files.
U.S. Federal Journal Line Attributes
Capture Federal attributes on General Ledger journal lines to support GTAS, DATA Act, and CTA interfaces.