Multiple Reporting Currencies

The Multiple Reporting Currencies (MRC) is the set of unique feature embedded in Oracle
applications, which allows you to report on and maintain accounting at the transaction level in
more than one functional currency MRC is based on the Multi!Org "rchitecture, and is a
significant aspect of a globali#ation strategy
The primary functional currency is the currency you use to record transactions and maintain your
accounting data within the Oracle $!%usiness &uite 'n the primary set of boo(s, the functional
currency is always the primary functional currency )sually, the primary functional currency is the
currency in which you perform most of your business transactions, and the one you use for legal
reporting
" reporting set of boo(s is a financial reporting entity associated with a primary set of boo(s
*hile the reporting set of boo(s has the same chart of accounts and accounting calendar as the
primary set of boo(s, its use of a different functional currency (reporting functional currency)
allows you to report in a different functional currency than that of your primary set of boo(s
+ou must define a separate set of boo(s for each of your reporting functional currencies %y using
MRC concept we can maintain up to $ight Reporting &et Of %oo(s
Multi - Org Setup
Steps and Navigations
, -ogin as sysadmin responsibility
. /efine required responsibilities
0avigation1 security!2responsibility!2define
3 /efine user and assign responsibilities to the user
0avi1 &ecurity!2user!2 define
4 -ogin as 5- Responsibility
6 /efine accounting fle7field
0avi1 setup!2financials!2fle7field!2(ey!2segments
8 5ive values for your segments
0avi1 setup!2financials!2fle7field!2(ey!2values
9 /efine Currency
0avi1 setup!2Curriencies!2define
: /efine Calendar
0avi1 &etup!2financials!2calendar!2Type;"ccounting
< Create &O% 01 &etup!2financials!2boo(!2define
,= -ogin as >RM& responsibility
,, /efine a location 01 *or( &tructure!2-ocation
,. /efine a %usiness 5roup
01 *or(s &tructure!2organi#ation!2description
,3 &et the following ?rofile Options to all your responsibilities
>R1 &ecurity
>R1 %usiness group
>R1 )ser Type
5-1 &et of %oo(s 0ame
,4 -ogin as 'nventory responsibility
,6 Create legal entity
01 &etup!2organi#ations!2organi#ations
,8 Create Operating unit 01 &etup!2organi#ations!2organi#ations
,9 &et ?rofile option Mo1 Operating unit for all responsibilities which is wor(ed at operating unit
level
,: Create *or( day calendar
,< Create inventory Organi#ation
01 &etup!2organi#ations!2organi#ations
.=-ogin as sysadmin and run replicate seed data program
Procure To Pay Cycle Process
, Create a &tandard ?urchase order
. 5ive &hipments
3 5ive /istributions
4 "pprove ?O
6 &ee the status of the ?O 'n The header level1 't is approved
8 5o to the Receiving@Receipts
9 5ive the sub inv and stoc( locator where you want store the goods "nd &ave
: Aiew the request status and refresh 'f not Completed
< Run the ?rogram ?ay on receipt auto invoice(*hich 5enerate 'nvoice "utomatically)
,= Aiew the &tatus of the program and refresh if not completed
,, 5o to ?ayables1 'nvoice@$ntry @'nvoice
Buery with the 'nvoice 0um $R&C
,. Aalidate the 'nvoice "fter Aalidate $nable the creating "ccounting chec( bo7
,3&ee The "ccount
,4 $nable the chec( bo7 ?ay in full "nd ?res o(
,6 &elect the %an( and 5o to "ctions
,8 $nable the chec( bo7 Create "ccounting and press o(
,9 &ee the "ccount Created
,: 0ow see the invoice status validated, accounted and amount paid
,< 5o to Cash Management1 %an( &tatements@ Manual clearing @Clear Transactions
Dind the %an( "ccount
.= $nable the Transaction and press Clear Transaction %utton
., 5o to ?ayables1 ?ayment@$ntry@?ayment
Buery with ?ayment /ate
.. 5o to actions, enable Create "ccounting and press o(
.3 &ee the "ccount created
.4 Run1 ?ayables Transfer to 5eneral -edger
.6Aiew the Request status and refers if not completed
.85ot to 5-1Eournal@'mport@Run
.9Aiew the request status and refers if not completed
.: 5o to Eournals@$nter Dind with &ource as ?ayables
Payables Reports Listing
Accounts Payables Frequently Ased !uestions
, *hat are the types of invoicesF
. *hat is difference between debit memo and credit memoF
3 *hat is meant by with!holding ta7 invoiceF
4 *hat are the mandatory setups in "?F
6 *hat is the difference between ?O default and quic( matchF
8 )se of recurring invoiceF
9 &teps for payment batchF
: ?urpose of ?ayable invoice open interfaceF
< ?ayable open interface importF ($7pense Report 'mport)
,= Multi Currency paymentsF
,, Can we implement MRC at ?ayablesF
,. )se of /istribution setF
,3 "ccounting MethodsF
,4 )se of automatic offset methodF
,6 *hat does the )naccounted Transaction &weep Report doF
,8 *hat reports should ' run before closing the periodF
,9 *hat is the program to transfer data from "? to 5-F
,: *hat is meant by void paymentsF
,< *hat are the types of Gournal categories available in the "?F
.= *hat is meant by matching and what are the types of matchings availableF
., Types of ?repaymentsF "nd difference between themF
.. *hat is a >old and Release
.3 >ow to approve HnI no of invoices
.4 *hat is Jero!?ayment in "?
.6 *hat is ?ro7ima ?ayment TermsF
.8 *hat are the tables associated with 'nvoiceF
.9 *hich interface tables are used for 'nvoice 'mportF
.: *hat is . way, 3 way and 4 way matchingF
.< *hat is 'nterest 'nvoice and how it can be createdF
3= >ow many (ey fle7fields are there in ?ayablesF
3, Can you cancel the invoiceF 'f yes, e7plainF
3. *hat is pay date basisF
33 *hat is terms date basisF
34 *hat is the report used to identify duplicate suppliersF
36 /ifference between header level ta7 calculation and line level ta7 calculationF
38 *hat is meant by accrual write offF
39 /ifference between quic( payment and manual paymentF
3: )se of Duture dated paymentsF
3< Tell me steps for ?eriod closing ?rocess in "?F
4= ?ayable "nd Dinancial optionsF
4, *hat is meant by third party paymentsF
4. >ow to transfer funds between your internal ban(sF
43 'nvoice "pproval ?rocessF
44 Can ' find out which invoices are matched to a ?OF
46 *hat is 'ntercompany 'nvoicingF
48 $R& 'nvoice meansF
49 )se of ?ay on receipt auto invoiceF
4: *hat is meant by RT& transactionsF
4< *hat are the steps to define a %an(F
6= ?ayment MethodsF
"i##erence bet$een %ultiple databases& %ultiple instances& and %ultiple installations'
'n Oracle database terminology, an instance is the combination of bac(ground processes and
memory structures that allow the user to access data in an Oracle database 'n an applications
conte7t, instance and database are often used interchangeably Multiple installations, or KinstallsK
means that Oracle "pplications are installed multiple times on a single database Multiple
databases or instances refer to a scenario in which there may e7ist numerous databases, each
with one or more installations and implementations of the Oracle "pplications
Period status in (eneral Ledger
Open1 'n the Open status you can enter and post Eournals
Closed1 'n this status Eournal entry and posting not allowed until accounting period is reopened
Reporting and inquiry allowed
Per%anently Closed1 'n this status Eournal entry and posting not allowed +ou cannot change
this period status Reporting and inquiry allowed +ou can change the status
Never Opened1 Eournal entry and posting are not allowed 5eneral -edger assigns this status to
any period preceding the first period ever opened in your calendar, or to any period that has been
defined, but is not yet future!enterable +ou cannot change this period status
Future-)ntry1 Eournal entry is allowed, but posting is not +our period is not yet open, but falls
within the range of future!enterable periods you designated in the &et of %oo(s window +ou
cannot change this period status without using the concurrent process to open the period
Recurring *ournals
/efine recurring Gournal formulas for transactions that you repeat every accounting period, such
as accruals, depreciation charges, and allocations
+ou can use recurring Gournals to create three types of Gournal entries1
Seleton *ournal )ntries+ &(eleton Gournals have varying amounts in each period +ou define a
recurring Gournal entry with out amounts, and then enter the appropriate amounts each
accounting period
There are no formulas to enter, only account combinations Dor e7ample, you can record
temporary labor e7penses in the same account combination every month with varying amount
due to fluctuations in hours
Standard Recurring *ournal )ntries+ &tandard recurring Gournal entries use the same accounts
and amounts each period
Dor $7ample1 Record monthly lease e7penses with constant amounts charged to the same
account
Recurring *ournal For%ula )ntries+ Dormula entries use formulas to calculate Gournal amounts
that vary from period to period Dor e7ample, calculate commotion to sales representative based
on the sales of the month
Purc,asing FA!-s
, /efine RequisitionF
. *hat are the types of requisitionsF
3 *hat is the use of requisition templateF
4 *hat is the procedure for requisition importF
6 *hat is meant by RDBF
8 *hat are the types of RDBL&F
9 *hat is meant by quotation and quotation analysisF
: *hat is meant my ?OF
< *hat are the types of ?OF
,= *hat are the types of receiptsF
,, *hat is meant by receipt routingF
,. *hat is the purpose of receiving transactionsF
,3 *hat is meant by receipt routingF TypesF
,4 *hat is the use of auto createF
,6 *hat is meant by pay on receipt auto invoiceF
,8 *hat do you mean by controlling buyers wor(loadF
,9 *hat is matchingF *hat are the various methods of matchingF
,: *hat is the use of defining security hierarchyF
,< *hat is the difference between accrue at period end and accrue on receiptF
.= *hy are e7penses items typically accrued at period end, and why are inventory items always
accrued on receiptF
Types O# Purc,ase Orders
Drom the below picture you can find the diffrence between purchase orders
ey #le.#ield
(ey fle7field is a field made up of segments, where each segment has both a value and a
meaning +ou can thin( of a (ey fle7field as an MintelligentL field that your business can use to
store information represented as McodesL
Most organi#ations use LcodesL made up of meaningful segments to identify general ledger
accounts, part numbers, and other business entities $ach segment of the code can represent a
characteristic of the entity Dor e7ample, consider an account number for a ban( " complete ban(
number may consists of various segments li(e the country code, area code, city code, branch
code, account type, account number etc
/,at is S!L0Loader and $,at is it used #or'
S!L0Loader is a bul loader utility used #or %oving data #ro% e.ternal #iles into t,e Oracle
database1 2ts synta. is si%ilar to t,at o# t,e "34 Load utility& but co%es $it, %ore
options1 S!L0Loader supports various load #or%ats& selective loading& and %ulti-
table loads
2ntroduction to TOA"
TOA" is po$er#ul develop%ent tool to build an advanced S!L5PLS!L 1 6sing TOA"&
developers can build and test PL5S!L pacages& procedures& triggers and
#unctions1 7ou can create and edit database tables& vie$s& inde.es& constraints and
users1 Si%ply& t,e (62 ob8ect bro$ser provide quic access to database ob8ect1
Pro8ect 2%ple%entation Model
Period closing Process #or Payables
Period closing Process #or Payables
+ou cannot close a period in ?ayables if any of the following conditions e7ist1
o Outstanding payment batches Confirm or cancel all incomplete payment batches
o Duture dated payments for which the Maturity /ate is within the period but that still have a
status of 'ssued
o )naccounted transactions &ubmit the ?ayables "ccounting ?rocess to account for
transactions, or submit the )naccounted Transaction &weep to move any remaining unaccounted
transactions from one period to another
o "ccounted transactions that have not been transferred to general ledger &ubmit the ?ayables
Transfer to 5eneral -edger process to transfer accounting entries
To complete the close process in ?ayables1
, Aalidate all invoices
Run 'nvoice Aalidation Concurrent program
. Confirm or cancel all incomplete payment batches
3 'f you use future dated payments, submit the )pdate Matured Duture /ated ?ayment &tatus
?rogram This will update the status of matured future dated payments to 0egotiable so you can
account for them
4 Resolve all unaccounted transactions
&ubmit the ?ayables "ccounting ?rocess to account for all unaccounted transactions Review the
)naccounted Transactions Report Review any unaccounted transactions and correct data as
necessary
Then resubmit the ?ayables "ccounting ?rocess to account for transactions you corrected Or
move any unresolved accounting transaction e7ceptions to another period (optional)
o ?ayables "ccounting ?rocess
o &ubmit the )naccounted Transactions &weep ?rogram
6 Transfer invoices and payments to the 5eneral -edger and resolve any problems you see on
the output report1
o ?ayables Transfer to 5eneral -edger ?rogram
8 'n the Control ?ayables ?eriods window, close the period in ?ayables
o Controlling the &tatus of ?ayables ?eriods
9 Reconcile ?ayables activity for the period +ou will need the following reports1
o "ccounts ?ayable Trial %alance Report (this period and last period)
o ?osted 'nvoice Register
o ?osted ?ayment Register
: 'f you use Oracle ?urchasing, accrue uninvoiced receipts
< 'f you use Oracle "ssets, run the Mass "dditions Create ?rogram transfer capital invoice line
distributions from Oracle ?ayables to Oracle "ssets
,= ?ost Gournal entries to the general ledger and reconcile the trial balance to the 5eneral
-edger
"ata Load
/ata load is the tool to -oad data into any application running in *indows, and contains e7tra
functionality for loading data and setup into Oracle "pplications Means we can load data through
front end forms To load data using /ata -oad you setup /ata -oad to load into the forms and the
forms load the data into your system 0on technical users can also use this tool
SO9
The &arbanes!O7ley "ct of .==., also (nown as the ?ublic Company "ccounting Reform and
'nvestor ?rotection "ct of .==. and commonly called &O7 or &arbo7N is a )nited &tates federal
law enacted on Euly 3=, .==.,To improve quality and transparency in financial reporting and
independent audits and accounting services for public companies, to create a ?ublic Company
"ccounting Oversight %oard, to enhance the standard setting process for accounting practices, to
strengthen the independence of firms that audit public companies, to increase corporate
responsibility and the usefulness of corporate financial disclosure, to protect the obGectivity and
independence of securities analysts, to improve &ecurities and $7change Commission resources
and oversight, and for other purposes
Note On 2ndian locali:ation
Oracle "pplications was developed as a 5lobal product%ecause of this reason it does not
supported by some acts li(e customs,central e7cise,vat,cstetc which are mandatory according
to 'ndian -aws
"ll other contries are also having some contry specific requirements To meet the above
requirements Oracle developes software named patches*e can add this patches to the base
product of the oracle applications
'ndian -ocali#ation is also one patch which meets the contry specific requirements
/,at is 2ndia Locali:ation Product'
'ndia -ocali#ation is a solution built over Oracle $!%usiness &uite, OracleOs e!business
applications software product, that provides Clients in 'ndia with the most comprehensive solution
to comply with the 'ndia specific ta7 requirements as specified by Central $7cise, Customs, &ales
Ta7 and A"T, and 'ncome Ta7, (to the e7tent of ta7 deduction at source and generation of
/epreciation &chedule for fi7ed assets) 'ndia -ocali#ation product also provides valuable
information that can be used for statutory and management reporting
/,at "oes 2ndia Locali:ation Product "o'
The product uses its own ta7 engine, for handling ta7es applicable across O?rocure to ?ayO and
OOrder to CashO transactions
'n 'ndia -ocali#ation, ta7es are defaulted based on the pre!determined setup (Ta7 /efaultation)
Ta7 amounts are calculated based on precedence such as transaction base value, ta7 on ta7, or
assessable value as specified by ta7 authority (Ta7 Calculation) The Ta7 "mount is considered
for inventory valuation, recoverability and accounting based on the pre!determined recoverability
and accounting rules (Ta7 "ccounting and Recoverability) /etails of recoverable ta7 amount are
recorded as part of the repository (Ta7 Recording) This information can further be used to
calculate the final ta7 liability arising on settlement at the end of the ta7 period (Ta7 &ettlement)
and for statutory reporting (Ta7 Reporting)
Co%ponents o# 2ndia Locali:ation Product
Ta7 /efaultation
Ta7 Calculation and Recovery
"ccounting for 'ndia -ocali#ation Ta7es
Recording and Reporting Ta7 'nformation
For% personali:ation
2ntroduction to For% personali:ation
Dorm personali#ation is a declarative feature that alters the loo( and behavior of the oracle forms
with out changing base code This concept was introduced in the release ,,6,= "ll $!%usiness
suit forms can be personali#ed
3y using #or% personali:ation you can+, /isplay your own terminology
. &tream lines the screen interaction
3 'mplement security policies
4 "dd your own validation and error messages
T,ere are so%e li%itations+
, +ou can only change what oracle forms allows to be changed at run time
. +ou can only respond to limited trigger events only
3 +our changes may be overridden by oracle base code
A2M "ocu%ents
"s a functional consultant we should (now about "'M ?lease find the "'M
"ocu%ents list belo$1
%usiness ?rocess "rchitecture (%?)
%?=,= /efine %usiness and ?rocess &trategy
%?=.= Catalog and "naly#e ?otential Changes
%?=3= /etermine /ata 5athering Requirements
%?=4= /evelop Current ?rocess Model
%?=6= Review -eading ?ractices
%?=8= /evelop >igh!-evel ?rocess Aision
%?=9= /evelop >igh!-evel ?rocess /esign
%?=:= /evelop Duture ?rocess Model
%?=<= /ocument %usiness ?rocedure
%usiness Requirements /efinition (R/)
R/=,= 'dentify Current Dinancial and Operating &tructure
R/=.= Conduct Current %usiness %aseline
R/=3= $stablish ?rocess and Mapping &ummary
R/=4= 5ather %usiness Aolumes and Metrics
R/=6= 5ather %usiness Requirements
R/=8= /etermine "udit and Control Requirements
R/=9= 'dentify %usiness "vailability Requirements
R/=:= 'dentify Reporting and 'nformation "ccess Requirements
%usiness Requirements Mapping
%R=,= "naly#e >igh!-evel 5aps
%R=.= ?repare mapping environment
%R=3= Map %usiness requirements
%R=4= Map %usiness /ata
%R=6= Conduct 'ntegration Dit "nalysis
%R=8= Create 'nformation Model
%R=9= Create Reporting Dit "nalysis
%R=:= Test %usiness &olutions
%R=<= Confirm 'ntegrated %usiness &olutions
%R,== /efine "pplications &etup
%R,,= /efine security ?rofiles
"pplication and Technical "rchitecture (T")
T"=,= /efine "rchitecture Requirements and &trategy
T"=.= 'dentify Current Technical "rchitecture
T"=3= /evelop ?reliminary Conceptual "rchitecture
T"=4= /efine "pplication "rchitecture
T"=6= /efine &ystem "vailability &trategy
T"=8= /efine Reporting and 'nformation "ccess &trategy
T"=9= Revise Conceptual "rchitecture
T"=:= /efine "pplication &ecurity "rchitecture
T"=<= /efine "pplication and /atabase &erver "rchitecture
T",== /efine and ?ropose "rchitecture &ubsystems
T",,= /efine &ystem Capacity ?lan
T",.= /efine ?latform and 0etwor( "rchitecture
T",3= /efine "pplication /eployment ?lan
T",4= "ssess ?erformance Ris(s
T",6= /efine &ystem Management ?rocedures
Module /esign and %uild (M/)
M/=,= /efine "pplication $7tension &trategy
M/=.= /efine and estimate application e7tensions
M/=3= /efine design standards
M/=4= /efine %uild &tandards
M/=6= Create "pplication e7tensions functional design
M/=8= /esign /atabase e7tensions
M/=9= Create "pplication e7tensions technical design
M/=:= Review functional and Technical designs
M/=<= ?repare /evelopment environment
M/,== Create /atabase e7tensions
M/,,= Create "pplication e7tension modules
M/,.= Create 'nstallation routines
/ata Conversion (CA)
CA=,= /efine data conversion requirements and strategy
CA=.= /efine Conversion standards
CA=3= ?repare conversion environment
CA=4= ?erform conversion data mapping
CA=6= /efine manual conversion procedures
CA=8= /esign conversion programs
CA=9= ?repare conversion test plans
CA=:= /evelop conversion programs
CA=<= ?erform conversion unit tests
CA,== ?erform conversion business obGects
CA,,= ?erform conversion validation tests
CA,.= 'nstall conversion programs
CA,3= Convert and verify data
/ocumentation (/O)
/O=,= /efine documentation requirements and strategy
/O=.= /efine /ocumentation standards and procedures
/O=3= ?repare glossary
/O=4= ?repare documentation environment
/O=6= ?roduce documentation prototypes and templates
/O=8= ?ublish user reference manual
/O=9= ?ublish user guide
/O=:= ?ublish technical reference manual
/O=<= ?ublish system management guide
%usiness &ystem Testing (T$)
T$=,= /efine testing requirements and strategy
T$=.= /evelop unit test script
T$=3= /evelop lin( test script
T$=4= /evelop system test script
T$=6= /evelop systems integration test script
T$=8= ?repare testing environments
T$=9= ?erform unit test
T$=:= ?erform lin( test
T$=<= perform installation test
T$,== ?repare (ey users for testing
T$,,= ?erform system test
T$,.= ?erform systems integration test
T$,3= ?erform "cceptance test
?$RDORM"C$ T$&T'05(?T)
?T=,= ! /efine ?erformance Testing &trategy
?T=.= ! 'dentify ?erformance Test &cenarios
?T=3= ! 'dentify ?erformance Test Transaction
?T=4= ! Create ?erformance Test &cripts
?T=6= ! /esign ?erformance Test Transaction ?rograms
?T=8= ! /esign ?erformance Test /ata
?T=9= ! /esign Test /atabase -oad ?rograms
?T=:= ! Create ?erformance Test Transaction?rograms
?T=<= ! Create Test /atabase -oad ?rograms
?T,== ! Construct ?erformance Test /atabase
?T,,= ! ?repare ?erformance Test $nvironment
?T,.= ! $7ecute ?erformance Test
"doption and -earning ("?)
"?=,= ! /efine $7ecutive ?roGect &trategy
"?=.= ! Conduct 'nitial ?roGect Team Orientation
"?=3= ! /evelop ?roGect Team -earning ?lan
"?=4= ! ?repare ?roGect Team -earning $nvironment
"?=6= ! Conduct ?roGect Team -earning $vents
"?=8= ! /evelop %usiness )nit ManagersIReadiness ?lan
"?=9= ! /evelop ?roGect Readiness Roadmap
"?=:= ! /evelop and $7ecute CommunicationCampaign
"?=<= ! /evelop ManagersI Readiness ?lan
"?,== ! 'dentify %usiness ?rocess 'mpact onOrgani#ation
"?,,= ! "lign >uman ?erformance &upport&ystems
"?,.= ! "lign 'nformation Technology 5roups
"?,3= ! Conduct )ser -earning 0eeds "nalysis
"?,4= ! /evelop )ser -earning ?lan
"?,6= ! /evelop )ser -earningware
"?,8= ! ?repare )ser -earning $nvironment
"?,9= ! Conduct )ser -earning $vents
"?,:= ! Conduct $ffectiveness "ssessment
?roduction Migration (?M)
?M=,= ! /efine Transition &trategy
?M=.= ! /esign ?roduction &upport 'nfrastructure
?M=3= ! /evelop Transition and Contingency ?lan
?M=4= ! ?repare ?roduction $nvironment
?M=6= ! &et )p "pplications
?M=8= ! 'mplement ?roduction &upport 'nfrastructure
?M=9= ! Aerify ?roduction Readiness
?M=:= ! %egin ?roduction
?M=<= ! Measure &ystem ?erformance
?M,== ! Maintain &ystem
?M,,= ! Refine ?roduction &ystem
?M,.= ! /ecommission Dormer &ystems
?M,3= ! ?ropose Duture %usiness /irection
?M,4= ! ?ropose Duture Technical /irection
Oracle 2%ple%entation Met,odalagy
&)MM"R+ 0OT$& O0 "'M
"pplication 'mplementation Method is a provan approach, which specifies all the activities which
are required to implement oracle applications successfully
The scope of the "'M is enterprise wide
There are eleven processes of implementation
, %usiness ?rocess "rchitectureP%?Q
This phase e7plains
$7isting business practices
Catalog change practices
-eading practices
Duture practices
. %usiness Requirement /efinitionPR/Q
This phase e7plains about the
%ase line questionnaire and
The gathering of information
3 %usiness Requirement MappingP%RQ
'n this phase we can match all the requirements of business with the standard functionality of the
oracle applications
'f all the requirements match with oracle standard (with out customi#ation) functionality then, it is
called as vanilla implementation)
4 "pplication and Technical "rchitecture PT"Q
$7plains the infrastructure requirements to implement oracle applications
Dor e7ample1
des(tops
software
hardware
peopleetc
6 %uild and Module /esignPM/Q
'n this phase concentrate on developing the new functionality which is required by the client
This is called customi#ation
'n this phase e7plains how to design a forms, database and reports
8 /ata Conversion1PCAQ
's the process of converting or transferring the data from legacy system to oracle applicationsF
This is called as data migration
$71 transferring the closing balances of the previous year as an opening balances to ne7t year
9 /ocumentation1P/OQ
'
n this phase we have to prepare module wise user guides and implementation manuals which
helps in the implementation
: %usiness &ystem Testing1PT$Q
" process of validating the setupIs and the functionality by a tester to certify its status is allied
business system testing 't is done by a functional consultant
< ?erformance Testing1P?TQ
?erformance testing means evaluation of transaction saving time, transaction retrieval times 't is
done by a technical team
,=N "doption and -earningP"?Q
This phase e7plains about the removal of the legacy system of the client The entire user should
be trained with new oracle applications 'n this phase we have to prepare user manuals
,, ?roduction MigrationP?MQ
" process of decommissioning of legacy system and the usage of new oracle application system
begins in this phase