This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:
| Date | Module | Feature | Notes |
|---|---|---|---|
| 05 SEP 2023 | Subledger Accounting | Transaction Header and Event Public Entity Object File Identifier Attributes in Subledger Transaction Headers and Subledger Accounting Events | Updated document. Revised feature description. |
| 29 JUN 2023 | Subledger Accounting | Transaction Header and Event Public Entity Object File Identifier Attributes in Subledger Transaction Headers and Subledger Accounting Events | Updated document. Delivered feature in update 23C. |
| 29 JUN 2023 | Subledger Accounting | Translated Subledger Application Extract Public View Object | Updated document. Delivered feature in update 23C. |
| 02 JUN 2023 | Created initial document. |
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Collaboration Messaging Framework
Collaboration Messaging Framework
Define the File Extension for Your B2B Messages Delivered by Email or an Oracle Content Repository
Specify the file extension that meets your business process requirements when delivering B2B message files using email or the Oracle content repository.
NOTE: This feature was also made available in the April monthly update of 23B.
Retransmit Unsuccessful B2B Messaging-Enabled Purchase Orders
Review purchase orders that have B2B messaging enabled but were not transmitted and retransmit them in bulk.
NOTE: This feature was also made available in the May monthly update of 23B.
Specify the Sender's Email Address for Outbound B2B Messages
Define the email address you want to use for sending B2B messages to your trading partners by email.
NOTE: This feature was also made available in the April monthly update of 23B.
Simplified Workflow Rules Configuration
Simplified Workflow Rules Configuration enables you to define approval rules that are now more flexible using Lists and ability to add multiple approval actions on the same rule conditions. The advanced configuration includes more information about its functions, and features an expanded range of functions. You have the option to enable or disable both rules and rule blocks.
Workflow Transaction Console for Account Coding Workflow
Use the Workflow Transaction Console to monitor workflow tasks and resolve exceptions for the Account Coding workflow.
Budget Balance Type Classification for the Carry Forward of Funds Available and Purchase Orders
Designate budget entries that carry forward the funds available and purchase order obligation balances as either an initial budget or budget adjustment balance type, based on the budget entry classification. This provides added flexibility to classify budget balance types according to business requirements.
Simplified Creation and Maintenance of Control Budget Supplemental Rules
Create new supplemental rules by copying existing rules. This helps simplify the creation and maintenance of control budget definitions.
Column Attribute Change in Journals Report
In the Journals Report the ACTUAL_FLAG column has been renamed to BALANCE_TYPE when viewing output in CSV format.
Carried Interest Journal Entries
Create carried interest journal entries to track the amounts being carried by consenting stakeholders. The feature provides timely and accurate accounting for carried interest distributions and eliminates errors associated with manual processing.
Joint Venture Invoice and Journal Entry Exclusion from Joint Venture Management Processing
Enable joint venture invoices and journal entries generated from distributed joint venture transactions to be posted to the same accounts as the original transactions, and prevent the invoices and journal entries from being distributed again.
You are no longer required to create a separate account and subledger accounting rules to hold the amounts billed to stakeholders.
Joint Venture Partner Contribution Cancellation
Cancel unused joint venture partner contributions and create a credit memo to reimburse the stakeholder for a partner contribution that is no longer needed. Managing partner contribution reimbursements through the Joint Venture Management processes eliminates errors associated with manual processing.
Joint Venture Stakeholder and Ownership Definition Management Using a Spreadsheet
Add, update, delete, and report on the stakeholders and ownership definitions for joint ventures using the Joint Venture Definitions spreadsheet. Downloading and updating the information through a spreadsheet makes the management of joint venture definitions easier for joint venture accountants and administrators.
Partner Account Default for Partner Contribution Receivables Invoices
Assign a default partner account to Receivables invoices created from joint venture partner contributions. This eliminates the need to set up Subledger Accounting mapping rules for partner contributions to Receivables invoices.
Intercompany Transactions Import Error Correction Spreadsheet
Use the Intercompany Transactions Import Error Correction ADFdi spreadsheet to correct imported intercompany transactions that ended in error. The error correction spreadsheet can in some cases help reduce the need to manually correct errors and repeat the import process.
Transaction Header and Event Public Entity Object File Identifier Attributes in Subledger Transaction Headers and Subledger Accounting Events
New attributes have been added to the Subledger Accounting Events and Subledger Transaction Headers view objects in the Business Intelligence Cloud Connector (BICC) Extract Data Stores for Financials.
Translated Subledger Application Extract Public View Object
Extract translatable information about the subledger applications registered in Accounting Hub using Translated Subledger Application view object.
Enforcement of Limits for Entertainment Policies Based on Employee Grade
Enforce single, daily and yearly limits for entertainment expenses based on employee grades. If multiple employee attendees are present at an entertainment, enforce limits based on each attendee's grade.
Expense Template and Payment Method Selection in Expenses Mobile Application
Select an expense template during expense entry and select a payment method during expense report creation using the Expenses Mobile Application.
Accounting Configuration for Lease Accounting Invoices in Payables Based on Lease and Property Details
Configure accounting rules for lease accounting invoices in Payables based on the lease and property details. This ensures that the accounting entries created for Payables invoices are consistent with the upstream Lease Accounting transaction
Form 1099-G for Government Payments Towards Unemployment Compensation, Taxable Grants, and Agricultural Subsidy Payments
Generate Form 1099-G for certain payments made by federal, state, or local governments. These payments include unemployment compensation, taxable grants, and agricultural subsidy payments.
Instructions for Recipient on Copy B of Form 1099-MISC and Form 1099-NEC
Print instructions for recipient on Copy B of Form 1099-MISC and Form 1099-NEC sent to suppliers. This complies with the requirements of Internal Revenue Services (IRS) and helps suppliers in filing their income tax return.
Management of Invoices Enabled for Funds Reservation Using a REST API
Manage invoices enabled for funds reservation using the Invoices REST API. This helps improve automation processing and reduced manual updates to invoices enabled for funds reservation.
Matching of Invoices to Negative Purchase Order Lines with Supplier Credits Using a REST API
Match invoices with trade-ins and discounts on the purchase order using the enhanced Invoices REST API. An item or equipment that is being traded in, or discounts agreed upon during purchase negotiations, are created as negative lines on the purchase order. Match the invoice to negative lines in the purchase order to record the supplier credit.
Single 1099 Return for a Tax Reporting Entity
Consolidate 1099 returns across multiple business units and submit a single 1099 return for a tax reporting entity.
Tax Calculation Based on One-Time Location for Purchase Order Matched Invoices
Calculate taxes based on one-time location for invoices matched to purchase orders. The ship-to location on invoices defaults from the purchase orders that ship to one-time locations.
Upgrade of ISO 20022 Payment and Direct Debit Templates to 2019 Version
Use the updated ISO 20022 payment and direct debit file templates in accordance with the compliance requirements of 2019 version. The template updates include an XML header version number, an additional tag under required execution date, and a change of the BIC tag to BICFI.
Lease Accounting Integration with Receivables for Revenue Leases
Use Receivables to process billing and accounting of revenue lease accruals for lease transactions created in Lease Accounting.
Multifund Accounting with User Modifications to Subledger Accounting Rules
Modify Subledger Accounting rules for user implementations enabled for Multifund Accounting. Manage account code combinations on invoices and debit memos posted to General Ledger through modifications to the predefined Subledger Accounting rules. Use the same accounted fund details in credit memo and receipt accounting.
Transaction Sweep to Future Accounting Period Using a Scheduled Process
Use the Sweep Receivables Transactions to Another Period process to review invalid transactions and sweep them to a future accounting period. Use this process in conjunction with other processes, activities, and reports to close a Receivables accounting period.
Translated Display of Transaction Type, Transaction Source, and Receipt Method
Display the values for transaction type, transaction source, and receipt method in the local language on all related pages. This eliminates the need to repeat a system setup for each language a company supports.
Capitalization of Fixed Assets for Inventory Destination Receipts in the Procurement Process
Capitalize and place fixed assets with a destination type of Inventory in service as soon as they are received. This initiates the process of recognizing depreciation expenses at once and eliminates the delays involved in waiting for the invoice process.
Lease Property Definition Using File-Based Data Import
Define and upload property information using File-Based Data Import. Lease administrators can then associate the properties with the assets on a lease. Companies typically have many leases that include properties such as buildings, floors, and offices. Including the specific property information on the lease and related lease invoices reduces the time to pay the lease invoices. Lease accountants reduce their reconciliation and period close time by knowing which expenses are associated with which specific property.
Revenue Lease Creation and Activation
Create revenue operating leases for any property belonging to a designated business unit. Details of the lease include terms of lease, asset and property details, parties, billing schedules, and renewal and early termination options. A lease administrator can also capture lease-related rights and obligations, as well as milestones to track important decisions and events throughout the lifecycle of the lease. Validations ensure all information is correct before generating cash flows and amortization schedules. The activation process generates the lease booking transaction and enables the lease for billing and periodic accruals processing.
Region and Country-Specific Features
Business Unit Security for Fiscal Document Generation for Brazil
Implement business unit security for the Brazilian fiscal document generation process. This will align the data security of fiscal documents with Receivables transactions.
Performance Improvements for Journals for Mexico Report
Improve the performance of the Journals for Mexico Report by introducing additional parameters and filters. This reduces the report's run time when handling large volumes of data.
SHAAM Certificates Interface for Israel with 2023 Legislative Update
Use the enhanced Import SHAAM Interface File Data for Israel process to comply with the 2023 legislative changes.
Bulk Maintenance of Banks and Bank Branches in Japan
Manage banks and branches automatically by comparing the bank master file shared by the Japan banking association with Oracle Cloud data. This eliminates manual maintenance of banks and branches in Oracle Cloud after comparing the application data with the latest bank master file.
Recognition of Japanese Language Invoices Using Intelligent Document Recognition
Adds Japanese language support for invoices in IDR. Japanese recognition is enabled for all invoice header and invoice line attributes.