Is Oracle Cool Again?

I joined Oracle UK in 1997 when Oracle 8 was just out to a lot of buzz. I had written a College paper on Designer 2000, which in 1995 sounded futuristic; automatic code generation and reverse engineering of code was a hot topic around then. All in all it felt [...]

R12 Intercompany Accounts Set Up

In R12 the Intercompany Accounts setup is broken out from GL and included in the Advanced Global Intercompany System (AGIS) product (Don’t worry you don’t need any additional license for this product). There is a separate set up screen for Intercompany and Intracompany Accounts. The same set up pages are available through the [...]

Intercompany Segment in Secondary Ledgers

I was recently asked - Do I need to define an Intercompany Segment in my secondary ledger if the primary it is attached to has an Intercompany Segment?

Intercompany Vs Intracompany

When I present about Oracle Intercompany products I always start with a couple of slides explaining the difference between Intercompany and Intracompany and why we might care about the difference. This is sometimes obvious but often the two terms are used interchangeably or the term Intercompany is used generically to discuss Inter and Intra [...]

Cleaning Out My Closet

I am moving up in the Oracle World. Yes, after 6 years on the 12th floor in Oracle HQ, today I moved up to the newly refurbished 16th floor in building 300 (that’s the tallest emerald tower that says ‘Oracle’ on the top)

This will have a real impact on my life in a number of [...]

New Intercompany features in R12

R12 introduces the new product Advanced Global Intercompany System (AGIS), which takes forward the features provided by GIS in 11i GL and adds a number of important new capabilities. The major new capabilities are:

Creation of Documentation (ie. Payables and Receivables Invoices) for AGIS transactions

Oracle Intercompany is FUN

In release 12 of Oracle financials we decided to pull the existing Global Intercompany System (GIS) functionality out of the GL product, add a whole bunch of new functionality and make it a product in its own right. We decided to call this new product (wait for it…) Advanced Global Intercompany System (AGIS) - [...]

How do I define my Legal Entities?

In the real world a Legal Entity (LE) can enter into contracts, own cash (bank accounts), employ people, pay taxes, be sued and simlar. In Oracle Financials Release 12, a whole new product; Legal Entity Configurator, was created to manage them. We allow you to define your real world Legal Entities and then [...]

Intercompany Segments in the Vision Demo

One of the most common questions I get asked is
‘Do we need to define an Intercompany segment in our chart of accounts?’
The answer is:
‘We do not require an Intercompany Segment, but we still recommend defining one’.
Even if you do not have a great deal of intercompany activity at the moment, it is worth having one [...]

Mixed Messages

 The open social network Oracle Mix was launched at Oracle Open World and I’ll be watching closely to see what level of uptake it has from within and without Oracle. It could change the way we interact with our user community and how we both get input for product direction and disseminate product features, best [...]