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 |
|---|---|---|---|
| 13 JAN 2022 | Oracle Digital Assistant | Oracle Enterprise Performance Management Financial Consolidation and Close Skill in Digital Assistant for Fusion Applications | Updated document. Delivered feature in update 22A. |
| 10 DEC 2021 | Created initial document. |
This guide outlines the information you need to know about new or improved functionality in this update.
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Collaboration Messaging Framework
Collaboration Messaging Framework
Receive Order Forecasts from Customers
Receive an inbound order forecast B2B message from customers and synchronize the information with Oracle Fusion Cloud Supply Chain Collaboration and Oracle Fusion Cloud Demand Management.
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.
Oracle Enterprise Performance Management Financial Consolidation and Close Skill in Digital Assistant for Fusion Applications
You can now use the Oracle Enterprise Performance Management Financial Consolidation and Close skill to do these tasks:
- View and update consolidation data.
- Start consolidation jobs directly within the digital assistant.
- View task summary and status.
The integrated Financial Consolidation and Close skill can be used in Oracle Web channel or Microsoft Teams.
NOTE: The Financial Consolidation and Close skill is supported only when the EPM instance is deployed on an Oracle Cloud Infrastructure second-generation (Gen 2) cloud environment.
Collections Strategy Change Using a REST API
Change collections strategies assigned to customers using the Collections Strategies REST API.
Customer Dispute Submission for Transaction Header Sections Using a REST API
Submit customer disputes for any part of a transaction using the Receivables Dispute REST API. Specify the sections of the transaction to dispute: total percentage; lines subtotal; freight; tax. Add related comments about the dispute. The REST API also initiates the delivery of dispute confirmation to the customer after the credit memo approval workflow is approved.
Enhancements to Receivables Transaction Interface Lines REST API
Review and update interface line attributes using the Receivables Transaction Interface Lines REST API.
Unpaid Reason Code Update Using a REST API
Update the unpaid reason code on collections delinquencies using the Collections Delinquencies REST API.
Simplified Workflow Rules Configuration
Use the Simplified Workflow Rules Configuration feature to create workflow rules using spreadsheets for Payables Invoice Approval and General Ledger Journal Approval workflows. Download the templates using the Manage Workflow Rules in Spreadsheet task to create and manage workflow rules according to your approval policies.
This feature was introduced in update 18C. In update 22A, you can define rules to send FYI notifications to members of a Supervisory or Job Level hierarchy.
Ability to Create Private Budget Account Groups
Use the Budget Account Group page to create budget account groups to view budget accounts and balances that cannot be viewed by others.
Budget Balances Synchronization from Budget Transfers in Both Budgetary Control and General Ledger
Enter budget transfers in the Review Budgetary Control Balances page and synchronize budget balances for both Budgetary Control validation and General Ledger query and reporting.
Budget Monitor Display of Accounts with Budget or Consumption Balances Only
Budget accounts without budget or consumption balances are not displayed as you drill down in the Budget Monitor.
Review Budgetary Control Balances Page Personalization
Use personalizations to add or remove fields from the Review Budgetary Control Balances page default display.
Chart of Accounts Mapping Segment Rules Using File-Based Data Import
Create and update chart of accounts mapping segment rules using a file-based data import template. This facilitates the creation and maintenance of a large number of segment mapping rules between primary and secondary ledger charts of accounts and other chart of accounts mapping requirements.
Cross-Validation Rules Creation and Maintenance Using File-Based Data Import
Manage cross-validation rules for your chart of accounts using file-based data import (FBDI). FBDI is an efficient way to manage cross-validation rules from external sources.
Historical Rates Entry Using File-Based Data Import
Use the Historical Rates file-based data import template to upload historical rates to General Ledger. This facilitates data upload to the interface table from external sources and helps create and maintain historical rates when managing large volumes of data.
Credit Memo for Negative Intercompany Transactions
Create credit memos in Receivables and Payables for negative Intercompany transactions using ADF Desktop Integrator (ADFdi), File-Based Data Import (FBDI), Intercompany import processes and Transaction Account Definition (TAD) to enter details into the Intercompany ERP module.
Attachments for Joint Venture Definitions and Partner Contributions
Add and retrieve attachments at various levels within Joint Venture Definitions and Partner Contributions.
Add attachments of different types, including those related to joint operating agreements, operational documents, specific joint venture stakeholders, ownership definitions, merger and acquisition activities, scope changes, and changes in partner responsibilities. Attachments can be documents, such as signed contracts, emails, statements, blueprints, spreadsheets, and permits.
Joint Venture Account Sets provides an easy and flexible method for specifying the accounts to be used when identifying transactions for Joint Venture Management processes. Joint Venture Administrators can quickly define filter criteria to support single accounts, ranges of accounts, and the exclusion of accounts.
Joint Venture Account Sets are available in overhead methods and reduce errors associated with specifying each account separately for a method.
Joint Venture Invoices for Paid Expenses
Choose to invoice joint venture partners only for paid expenses. Managing partners can use this option to conform to joint operating agreements with the requirement to bill partners only for paid expenses. This option is only available for expenses brought into Joint Venture Management from Oracle Cloud Payables.
Original Ownership Definition Start and End Date Display for Rebill Distributions
Display the original start and end dates for the ownership definition that was used for a distribution. Auditors can use this information to determine the ownership definition used for a transaction that was rebilled based upon a change to the ownership definition.
Overhead Methods with Direct Bill Partner Option
Specify a direct billed stakeholder for an overhead method as an alternative to the ownership definition. Instead of splitting and distributing overhead charges to the joint venture partners, the direct billed stakeholder will be responsible for the overhead charges. Additionally, Joint Venture Accountants can apply a direct bill stakeholder by exception to overhead transactions.
Percentage of Cost Joint Venture Overhead Method Based Upon General Ledger and Subledger Transactions
Provide an additional overhead calculation based upon a percentage of selected financial transactions. Calculate overhead based upon selected transactions from the General Ledger and Subledger Accounting recorded for a specific period, the beginning of the year through a specific period, or the inception of the joint venture through a specific period.
Receivable Code Combination Default for Joint Venture Receivables Invoices
Define a default code combination to use as the receivable account for Receivables invoices created in Joint Venture Management to recoup costs from joint venture partners. The Joint Venture name is available as a source in Subledger Accounting. You can configure Subledger Accounting account mapping to derive accounting using the Joint Venture name.
Capture a rent increase index and automatically modify the rent as the index increases or decreases. The lease terms and conditions often include an automatic change of the payment amounts based on an index. For example, the terms and conditions of the lease tie the lease payments to the Consumer Price Index (CPI). Each year, typically on the anniversary of the lease, the lease and CPI are reviewed. If the CPI increases, the future rent payments also increase.
Submit draft lease activation, lease amendment, and lease termination transactions to lease administration and accounting for review and approval before they become transactions. Both IFRS16 and ASC842 require that the corporate balance sheet include leases. Lease transactions, such as activation, amendment, and termination, impact the balance sheet by increasing or decreasing the assets and liabilities.
Pay for miscellaneous lease-related expenses. Lessees often receive charges in addition to the regular period rent charges. Cleaning fees or fees to decorate the lobby for holidays are examples of miscellaneous lease expenses. The lease administrator can capture these expenses, associate them to a lease, and submit them for transfer to Payables.
Access to Digest Notification for Expense Delegates
Send expense digest notifications to delegates to allow them to fix expense items requiring expense owner attention.
Display of Fields by Expense Type in Oracle Expenses Mobile Application
Simplify expense entry in the Expenses mobile application by only enabling the applicable fields for each expense type. The Description, Merchant, Expense Location, and Number of Days fields are exposed based on the field behavior defined for expense type and the template.
Receipt Attachment After Expense Report Approval
Allow employees to attach receipts and supporting documents to an approved expense report, even after expenses are paid. This helps employees comply with government regulations about providing adequate proof of employee expenses.
Automatic Notifications to Suppliers for Rejected Electronic Invoices in Industry Standard XML
Inform suppliers about rejected electronic invoices by sending back electronic responses using industry-standard XML. Suppliers who have the capability to process electronic responses can get the reason for rejection and take corrective action in a touchless manner.
Configurable Payables Workflow Notifications
The Configurable Payables Workflow Notifications feature was introduced in update 17D, with additional capabilities added in update 19D. In update 22A, users with the View Payables Invoice privilege can drill down to the invoice from the email and in-app notifications for the following Payables workflows:
- Invoice Approval
- Invoice Account Coding
- Hold Resolution
Invoice Requester Recognized from Invoice Document
Recognize and extract the invoice requester from the invoice document. This eliminates the need to manually enter the requester details.
Collections Data Point for Total Receivables Balance
Provide the data point Total Receivables Balance at customer, account, and site levels.
Collections Strategy Change Using a REST API
Change collections strategies assigned to customers using the Collections Strategies REST API.
Credit-Related Attributes on Collections Pages
Display credit-related information, such as a customer credit limit and credit rating, in the Collections pages to improve collections efficiency.
Start and End Time Display of Collections Strategies and Strategy Tasks
Include a time stamp in the start and end time display in the Strategy Tasks infotile in the Collections work area. The more detailed start and end times of collections strategies and strategy tasks provides collectors a more refined view of strategy execution and the time it takes to complete a task.
Unpaid Reason Code Update Using a REST API
Update the unpaid reason code on collections delinquencies using the Collections Delinquencies REST API.
Application of Unidentified Receipts on Review Receipt Page
Improve the application of unidentified receipts to transactions on the Edit Receipt page. By default, when a receipt does not contain customer information, the Add Open Receivables button is enabled and the Add Application button is not enabled. Use the Add Open Receivables button to derive customer information for an unidentified receipt by entering a specific transaction number for application in the Add Open Receivables window.
Customer Dispute Submission for Transaction Header Sections Using a REST API
Submit customer disputes for any part of a transaction using the Receivables Dispute REST API. Specify the sections of the transaction to dispute: total percentage; lines subtotal; freight; tax. Add related comments about the dispute. The REST API also initiates the delivery of dispute confirmation to the customer after the credit memo approval workflow is approved.
Enhancements to Receivables Transaction Interface Lines REST API
Review and update interface line attributes using the Receivables Transaction Interface Lines REST API.
Additional Control of Currency Conversion
Enable the Disable Override from Source option in the Manage System Options for Revenue Management page to control currency conversions. This option ensures that only the default conversion type and conversion dates are applied when converting foreign currency revenue contract lines to the ledger currency.
Immaterial Change on Contracts Denominated in Non-Ledger Currency
Terminate or modify a contract with prospective accounting treatment that is denominated in a foreign currency.
Region and Country-Specific Features
Enhanced Fiscal Document Extract for Brazil
Use the enhanced fiscal document extract for Brazil to provide the Receivables Transaction Type and the Bill-To Party State Inscription Classification to tax authority integration partners.
Legal Entity Parameter for Z4 and Z5A Reports for Germany
Specify a legal entity when producing the Z4 and Z5A reports for Germany. The Legal Entity parameter enables users to generate the reports for ledgers with multiple legal entities.
Unique Fiscal Identifier for Portugal
Generate and assign a unique fiscal identifier, called the ATCUD, to Receivables transactions in accordance with Portuguese legal requirements. The ATCUD is also included in the SAF-T extract.
Netting Letter Distribution to Multiple Email Addresses
Send netting letters by email to trading partners and internal stakeholders with the details of the settled transactions. This helps to communicate with multiple recipients using a single email.
Performance Improvement for Customer and Supplier Balance Netting
Provide performance improvements to customer and supplier balance netting processes. This helps customers who process large volumes of Payables and Receivables transactions.
U.S. Federal Receipt Accounting for Delivery to Expense Event Class
Generate Federal budgetary accounting that complies with U.S. Standard General Ledger requirements for Delivery to Expense event class receipts.
U.S. Federal SPS Summary Schedules
Create federal payment summary schedules that comply with U.S. Treasury standards for the Secure Payment System (SPS) payment file formats.
U.S. Federal Supplier Attributes
Capture the federal attributes (for example, federal or non-federal code and default trading partner TAS) on the Supplier and the Supplier Site pages to support the GTAS and DATA Act interfaces.