If you read a lot of Oracle blogs you can’t have missed the news that you get to vote for some of the sessions at Oracle Open World this year on Oracle Mix. There’s a lot of great sessions suggested and although I’m about to plug my own I would encourage you to check out the other suggestions and vote often.
My suggestion is for a session inspired by the series I started on Why product development should blog, which only got as far as three part:
A bold claim, but one I’m pretty confident I can back up. I’d also be interested in getting input form other bloggers within and without Oracle so I can share some of your wisdom in this session too. So add your comments and remember to go and vote.
by David Haimes (with excerpts from an internal document by Seamus Moran)
Regular readers will probably be used to this answer now… it depends.
In General Ledger 11i your functional currency referred to the currency of your set of books, it was one of your three Cs (Calendar, Currency and Chart of Accounts). In R12 we changed the terminlogy, there is no more set of books that is now renamed Ledger and the Currency of your Ledger is referred to as the Accounting Currency of the Ledger.
This is a subtle change and I’m sure experienced 11i practitioners are still using the term functional currency but you all need to stop because it’s confusing people.
In Financial standards (IAS 21 and FAS 52), Functional Currency is a test Continue reading “What is your functional currency?”
I noticed today on Stephen Chan’s blog that this White Paper is available on metalink
Best Practices for Adopting Oracle E-Business Suite, Release 12 (Metalink Note 580299.1)
I haven’t reviewed the document yet, despite there being a section on AGIS. As soon as I resolve the problem I’m having with my metalink login I will take a look. I understand it was pulled together by Anne Carlson, who I know reads this blog becasue she mailed me just today with a question about it, I’m hoping some of the useful posts from this blog made the cut.
I want to use this opportunity to plug two other guides that are new in R12 and I highly recommend you read if you are looking at upgrading to R12.
I discuss them a little more along with a few other resources in this post.
UPDATE (June 16th):
I reviewed the White Paper and the AGIS section is fairly sparse – I will be contacting the author to try and get more detail in there.
However on the whole I think it’s a great document and essential reading for anyone looking to implement or upgrade to R12. Now if we can just publish that information on a blog, then we’ll truly have a living document, I’ll ask that question of the document owners.