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 pretty good to be joining Oracle and many of my college friends were impressed, especially as I was joining product development. Things went well, I learned a lot, 8i came out, I was involved in building 11i which was on the latest tools and then I moved out to the US in 2000 at the height of the dot com boom. Continue reading “Is Oracle Cool Again?”
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 Accounting Set Up Manager as well as AGIS so you can pick your navigation path. Continue reading “R12 Intercompany Accounts Set Up”
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? Continue reading “Intercompany Segment in Secondary Ledgers”
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 company (Oracle Apps is certainly guilty of the latter). So here goes…
InterCompany Transactions are between two or more related internal legal entities with common control, i.e. in the same enterprise (Inter = Latin for “BETWEEN”)
IntraCompany Transactions are between two or more entities within the same legal entity (Intra = Latin for “WITHIN”)
So that’s it then and a free latin lesson to boot. No? Want more?
Well the real difference is that Intracompany processing is determined by company management, whereas Intercompany has to follow the law.
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 ways, Continue reading “Cleaning Out My Closet”
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 Continue reading “New Intercompany features in R12”
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) – I bet you didn’t see that name coming! Continue reading “Oracle Intercompany is FUN”