Allocations Metalink Notes

 

Recurring Journals in Oracle Fusion General Ledger - Calculation Manager (Doc ID 2095911.1) ABSTRACT In Oracle Fusion Applications, the Allocation Manager is used for allocations and formula recurring journals to provide a solution that improves usability and performance. The Allocation Manager provides an allocation wizard that is easy to understand, and formula components that provide functionality for recurring journal formulas using the features of Oracle Essbase. HISTORY Traditionally in Oracle E-Business Suite (EBS), MassAllocation or recurring journal formulas were defined to allocate financial amounts across a group of cost centers, departments, or divisions. However, two issues were commonly cited:      • The user interfaces for defining MassAllocation or recurring journal formulas were not easy to understand.      • Generating MassAllocation or recurring journal entries could be time-consuming due to performance issues. In Oracle Fusion Applications, the Allocation Manager replaces MassAllocation and formula recurring journals to provide a solution that improves usability and performance. The Allocation Manager provides an allocation wizard that is easier to understand, and formula components that provide equivalent functionality to recurring journal formulas. DETAILS The Allocation Manager provides the following features:      • Distributes revenues or costs with recursive allocation rules.      • Creates complex formula rules using formula component.      • Contains an Allocation Wizard to define allocation and formula rules.      • Uses real-time check of rule definitions to validate correctness of rules.      • Minimizes setup and maintenance with reusable components.      • Simplifies allocation generation process by integrating with Enterprise Scheduler Service (ESS).      • Groups rules together in rule sets to cascade allocations for processing efficiencies.      • Creates primary, statistical, or foreign currency allocation and formula rules. SUMMARY Define recurring journal formulas for transactions that you repeat every accounting period, such as accruals, depreciation charges, and allocations. Your formulas can be simple or complex. Each formula can use fixed amounts and/or account balances, including standard, actual amounts, statistics, and period-to-date or year-to-date balances from the current period, prior period, or same period last year.

To Bottom