The One Laptop per Child program has had somewhat of a rocky ride, it was envisaged that they would cost $100 and be made available to all school age children in developing countries. However they’re costing $200 and the orders have not been flooding in from the governments of developing countries. They’re now not known as the $100 laptop and are called the XO.
However these things do appear to be amazing devices, a review in laptop magazine mused that they are more revolutionary than the iPhone. Now I have a bunch of macs around the house and am a big fan of apple products, but I think the XO which can be dropped, withstand 120F temperatures and hase a great mesh network and some nice looking collaboration software designed to connect kids in devloping countries has to be better than a phone, even one made by apple.
Although the XO is intended for developing countries, many people in the US were interested so they came up with another innovative idea, if you want to buy one you need to give one. Reading my good friend Alvin’s blog I saw his had arrived and I look forward to seeing how his kids get along with it. Alvin has done a good job of introducing his kids to all kinds of tech gear; computers, photography and he even tought his daughter how to DJ so they should pick the XO up pretty quick.
So I just decided to Give One Get One, the program has been extended until the end of the year so you still have a few days left if you’re interested.
I see a great comparison of the OLPC, Kimble and iPhone by Mike Hendrickson on O’Reilly
In Oracle Ebusiness Suite 11i, the Legal Entity is tied closely to a set of books and operating Unit, so your Legal Structure has to be defined in the way you set up your apps partitions (OU, Set of Books etc.). In R12 financials breaks away from that with the introduction of the Legal Entity Configurator allowing you to model your Legal Structure separately from the partitions in your ERP system. Then you mark certain items with an owning LE, rather than use the OU or set of books to derive the LE. So let’s see what this buys you. Continue reading “Legal Entity Configurator – Why?”
My primary reason for starting this blog was to discuss issues customers asked me a lot at about at Open World and on various forums. My rationale being that if I blog about our products we might help people understand them and a) Make informed choices implementing them, get more value from them and maybe log less support calls and bugs for us to look at; b) Learn how people use our apps, or why they can’t use them and be in a position to engineer better apps. What I didn’t have in mind was being able to sound off about whatever I want to on a Friday night and people actually read it and link to it from other blogs, which is dangerous because it just encourages me. I was also encouraged this week reading Meg’s girl on a rant, nice to see other people getting things off their chest too. The last few days I’ve been thinking about what I wrote about Google last week. Why? Because on Monday I was asked by Terrance if I could go to the Google office and talk to them about Intercompany. Doh! My first question was, Continue reading “Friday Night Writes”
The short answer is sort of. Which is not much help to anyone, hopefully you will have a few moments to read on and I can explain myself. This post assumes that you understand the relationship between Legal Entities and Ledgers which I discussed in an earlier post.
In R12, a new Legal Entity Configurator was introduced in financials and Legal Entities defined here are are assigned to Ledgers and/or Balancing Segments (Company Codes). However it is not possible to assign a Financials Legal Entity to an Operating Unit, you can only define a Default Legal Context (DLC) to an Operating Unit. This assignment can cause confusion as it is only possible to assign one DLC, but I can use more than one LE in that Operating Unit. The key word in DLC is default. Continue reading “Can I assign an Operating Unit to Multiple Legal Entities?”
I was surprised that my pondering if Oracle was cool again got so much attention, the piece from turning around my comment to ask if Oracle is as cutting edge and risk taking as google I think was intentionally provocative, but I’ll bite.
So what do Google and Oracle do, where do they make money? Oracle sells software and associated services to enterprises, a company thinks Oracle software can improve the way they run their business so they pony up for the license fee. I see Google as more like a broadcaster, like TV and radio stations they provide content that attracts viewers who they advertise to. When internet habits change and traffic moves to other sites, google need to own those sites to keep their ratings up. Continue reading “Is Google Just an Oracle Wannabee?”
Leslie posted some excellent comments, which touched on the exchange rates to use on intercompany transactions, a very interesting and complex topic. I have discussed this at length with Seamus Moran many times, he has educated and enlightened me and I use an example of his here.
Consider Top Hat Global Corp
- The group reports to shareholders in Monopoly Money – MYM.
- Subsidiary N is a plant, and is located in Elbonia, where they use the Elbonian Enigmatic Krown, the EEK.
- They sell in all of the EUR countries.
- They ship from the plant to all of the EU countries. Continue reading “What Exchange Rate to use for Intercompany”
In R12 the Advanced Global Intercompany System was introduced and one of the main goals was to make the reconciliation process more efficient. Intercompany is often the top barrier to a fast period close, because you have to be sure you eliminated it all to zero, so your parent company does not report a profit from trading internally. Fail to do this and you might go to jail, I have no legal training but when it comes to accounting irregularity I understand claiming it was an honest mistake is not much of a defense. Continue reading “Intercompany Reconciliation Reports just got Interactive”
I have an Intercompany group on Oracle Mix and I want to invite all readers of this blog to join and start posting ideas, discussions and also sharing experiences.
It doesn’t have to be specific to Oracel products, it could be ideas for new features, better collateral or whatever you want to start discussions about and maybe have voted on by other members.
So far things are quiet in there, I am reluctant to post my ideas, because frankly I think you probably have quite enough of my thoughts on this blog and those inside Oracle development probably know my thoughts by now. The Idea of Oracle mix is to have you, the customer (or potential customer) lead and join in the discussion.
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”