Multi set of books setup in DBI

We have setup a new consolidated SOB and COA, but DBI objects are still showing the old local set of books data. Can anyone tell me what we need to setup in DBI in order to see the new consolidated data?

Hi
Follow the limk below which will take you to the GL Users Guide. Go to page 7-54 and there is a section on setting up a set of books. There is also a section on accounting for multiple companies using multiple sets of books. I refered to this when I set up new sets of books for my company.
Hopefully this will help you out.
http://download.oracle.com/docs/cd/B25516_18/current/acrobat/115glug.zip
Regards
Lee

Similar Messages

  • Multiple set of books setup

    Could someone outline steps on how to setup a second set of books in ERP?
    Thanks

    Hi
    Follow the limk below which will take you to the GL Users Guide. Go to page 7-54 and there is a section on setting up a set of books. There is also a section on accounting for multiple companies using multiple sets of books. I refered to this when I set up new sets of books for my company.
    Hopefully this will help you out.
    http://download.oracle.com/docs/cd/B25516_18/current/acrobat/115glug.zip
    Regards
    Lee

  • Multi Currency and Multi set of books with disco 3i

    Hi all,
    i've understood uit disco4i new feature pdf that disco4i has multiple schema awareness to support MRC and MSOB installations.
    Does anyone know:
    1. if MRC and MSOB is supported with disco 3i and how?
    2. what precisely this multiple schema awareness is about?
    Thanx Sandra

    As far as i know,
    If you want different calendar then you should use Secondary Ledger [Not sure if it is available in 11i but this concept is there in R12]
    If you only need multiple currencies to support your reporting requirements, use reporting currencies with a primary ledger
    Your testing proves the same as well.
    Regards,
    Srini

  • Revenue reorganization in Country specific set of book

    Hi,
    We have two set of books setup in our environment, Management book and China Legal Book. Management Book is the operating book.
    When there is a prepayment for revenue collection, in management set of book we only recognized the advance billing for the prepayment, where for China Legal book we need to recognize as full revenueincluding tax.
    Any FI/CO experts can help to advise how to handle this scenario.
    Thank you.
    Regards,
    Peck Har
    Edited by: Peck Har Poh on Feb 27, 2008 8:58 AM

    Hi Josef
    1. Country G/L account number in the sense a G/L account which is created under the country COA
    2. At the end of the day, Country COA creation is the same as any COA. So, the G/L accounts that you create under a country COA are created in the same way as for a normal COA. If you use FS00 to create an operational COA G/L account say 123, you use the same transaction code to create Country COA G/L account say 456 (In the COA field, you select your country COA instead of operational COA). Once both 123 and 456 are created, you go into G/L account 123, and assign 456 in the alternative account number field in the control data tab. This is how you link G/L accounts under both COA's.
    3. The purpose of having 2 different COA's is to report your Financial statements in 2 different formats. In a client, it is prefered that we have a single operational COA for all the company codes so that other aspects like Controlling area do not pose any design concerns. In such a case, you have country COA assigned to each company code as well so that you can report as per the country requirements.
    Regards
    Sowmya

  • Anyone successful going multi-national in 1 Set of Books

    Has anyone out there successfully gone multi-national in 11i on 1 Set of Books? We are implementing finance modules, Order Management, Inventory, full Manufacturing modules, Shipping, Purchasing, APS...
    So far have implemented a dozen US facilites and we're looking to implement facilities in several countries in Central and South America. No one in Oracle has been able to prove to us we can satisfy statutory reporting requirements in these countries using USD as functional currency.

    John
    I would echo the requirements around having multiple books if you are going to meet local requirements around statutory requirements.
    Looking at Argentina / Brazil / Chile / Columbria they all require detailed transaction level reporting - diaro reports. These are included in globalizations which opearte at set of books level.
    One client I worked for looked to keep the SOB in USD due to the rate of inflation. They use local systems for statutory requirements. I have also been ionvolved with looking at MRC as a use in hyperinflationay countries. In the standard GL revaluationa and translation average and period end rates are used. With MRC daily rates are used to produce the "shadow ledger" in USD.
    In the common country features globalisations there is inflation adjustment functionality for Latin America - though I have never seen it used.
    One of the biggest challenges is Brazil with it's multiple tax regime and this is outlined in the Brazillian Globalization manual.
    Globalization info can be found in: (11i)
    Argentina A81221
    Brazil A81218
    Chile A81224
    Columbia A81222
    Mexico A81258
    Common Country Features A81238
    Ian

  • Change the Operating Unit and GL set of books on a responsiblity

    Hi Every one
    few of the responsibilities which were configured have a either a wrong of set of books or a wrong operating unit
    For example a responsibilty which was suppose to have US Set of Books and US operating Unit has MX Set of Books and US Operating Unit
    though in Multi Org setup MX set of Books is associated to MX operating Unit. Also vice versa happened on other responsibilities for example right set of books but wrong operating unit.
    My question what is the impact of changing GL Set of Books, MO Profile Value to right one? we already have one year transactions on these responsibilities which are related Oracle Cost Management and Oracle inventory.
    Thanks in advance.

    I am running into similar question - I am on R12 and am back tracking some origional set up issues
    I want to change a opearing unit to report to a different GL ,I vcan change it in HR Organization profiles however If i post an entry via AP to GL it shows up in the (old ) GL
    Is there a process i can run to update ?

  • Reporting Set of Books with different calendar from primary SOB

    Hi All,
    We are in 11i multi Org.
    Our primary SOB is with the calender 'JAN-DEC'.
    We have a requirement to create a secondary set of books with a new calendar "APR-MAR" with the same chart of accounts and same functional currency for reporting purposes to our parent company.
    I saw multiple documentation on MRC SOB, the calendar in MRC Reporting SOB must be same as Primary SOB.
    But, in our case, the currency is same, but the calendar structure has to be different.
    I tried to setup 2 new SOB  in Test 1. with a different calender but same functional currency 2. same calender but different currency.
    When I try to assign them to primary set of books through Assign Reporting Set of Books form, only the 2nd SOB ( same calender but different currency) showed up in the LOV for reporting set of Books.
    Can some one shed some light on me to check if it's possible to do so and if yes, then how to setup a new reporting SOB with a different calendar than Primary SOB?
    Thanks
    Radhika

    As far as i know,
    If you want different calendar then you should use Secondary Ledger [Not sure if it is available in 11i but this concept is there in R12]
    If you only need multiple currencies to support your reporting requirements, use reporting currencies with a primary ledger
    Your testing proves the same as well.
    Regards,
    Srini

  • When should I attach my own SET OF BOOKS

    Hello All,
    I tried attaching my set of books at purchasing immediately after creating set of books,business group,operating unit.It was done successfully.
    But when I wanted to create a new requisition I was getting numerous errors
    like
    1)APP-PO-14142:get_po_paramerters-10;ORA-01403.
    2)Some exception was raised 100501
    3)ORA:01403-no data found
    Now I would like to know do I have to complete all the setups like defining purchasing options,receiving options,requisition templates,etc before I use my own set of books.
    Eraly replies are appreciated.

    It sounds like you're missing some setups.
    You may want to verify you have the correct MO: Operating Unit profile set for your given responsibility and ensure that the Financial Options have been set up as well.
    Just some thoughts to check.
    Please check if all the
    1. financial options
    2. purchasing options
    3. receiving options for all inventory organizations
    are set up.
    If this is a new operating unit, did you set all the profile options for a newly created responsibility prior to setup? Each operating unit will need its own responsibility.
    You might want to check the data in FINANCIALS_SYSTEM_PARAMS_ALL and ensure that your record for this particular operating unit (org_id) looks okay.
    Are you using a single business group or do multiple exist?
    I'm not sure if you are aware, but some common profile options that should be set at the responsibility level (sysadmin/profile/system -- for a particular responsibility) in a multi-org environment are:
    MO: Operating Unit
    GL Set of Books Name
    HR: Security Profile
    HR:Business Group
    HR:User Type
    There are others, but these are some that can be very detrimental if they are not defined prior to setups.
    Also, I'm assuming that all other setups have been performed (Purchasing Options, Chosen set of books, locations exist for the default inventory org , etc?
    Incase if still struggling, let me know.

  • Report changes for Multiple sets of books

    Hi,
    I am new to the financials suite. What changes would be needed in reports to make them global and run across multiple sets of books and currencies.
    I was thinking of eliminating any _all tables. I am not sure on what SOB related parameter changes would be needed.
    Thanks for your help in advance.

    Are the existing reports Standard or Custom Reports?
    If they are Standard then they should work for any SOB.
    If they are Custom Reports then I suggest you to run them in the development instance and see if you are getting any errors.
    For more info you can refer to chapter 4 & 5 of multi org user guide in the following link http://download-uk.oracle.com/docs/cd/B25516_08/current/acrobat/115multorg.pdf

  • How to multiple/ parellal sets of books to generate more than one financial statement based on different (or the same) accounting principles.

    How to multiple/ parallel sets of books to generate more than one financial statement based on different (or the same) accounting principles.
    My Client needs Parallel Ledger in SAP B1 similar like SAP ECC. Is this functionality available ?

    Dear Mr. Nagrajan,
    Thank you for your response. I have already gone through documents but not able to understand. Is there any setup for this ? or its just work around i.e. using template and special field in JV i.e. Ref. 1 /2
    My doubts :
    I understand that Chart of Account structure is one and common for IFRS and other accounting method. We need to create only those account separately ( 2 times with prefix like IFRS revenue account, GAAP Revenue account).
    Now at time of entry, Assume some entries / adjustment are specifically for IFRS and not for other ledger. In this case, What need to do ?
    You have mentioned about DTW approach but do we need to insert all JV's again with other ledger ?
    Someone suggested that if any entry which are specific to IFRS Ledger, We need to user Ref.1 /2 column or Transcation code column and in which we can put IFRS
    Based on this, Need to create 2 seperate template for IFRS and other ledger for all report.
    This is my understanding of Solution in SAP B1. Please help me to clarify my though process
    Please do needful.If you have done implemenation and if you can share doucment, it would be great help.
    Email :[email protected]

  • Set of Books not showing in list of values - 11i

    Hi all,
    I have an issue with Set of books, i have followed one note and created a set of books. After that tried to create one inventory organization, then tried to create operating unit, there Legal Entity is showing but when click set of book, showing No entries found of List of values.
    Please help to solve this issue. I am a dba, trying to enable multi-org for learning purpose
    Thanks
    Pons

    Pl post details of OS, database and EBS versions, along with which document you are following to enable multiorg. Pl see if these MOS Docs can help
    FAQ - Multiple Organizations Architechure (Multi-Org) (Doc ID 165042.1)
    LOV for Legal Entity or Set of Books from Operating Unit Information Missing Selections          (Doc ID 354008.1)
    HTH
    Srini

  • Update set of books in implementation options ??

    we are doing project setup[ in one of the test instance , How ever while doing thta in implementation options set of books is saved incorrectly and now it is freezed (not able to change the set of books field) ..Navigation setup -->system-->implementation options-->Systme Tab
    can we update this set of books from back end ..and if we do where all can we get an impact ..!!
    any suggestions ..

    Though the form field only updates the SOB in the pa_implementations_all table. It is not advised to do backend updates. I would advise to log a SR and propose your strategy which the Oracle Dev team will analyze and may approve it.
    Hope this helps !
    ~Sathish Raju
    www.projectsaccounting.com

  • Set of Books

    Can anybody tell why Expense and Revenue Accounts are not displaying in list of values while creating set of books.
    While Creating Set of books, I am not able to access the account values related to Expenses and Revenues. Other are displaying in the list of values.

    Hello Abu,
    In R12, the term "set of books" has been replaced by "Ledger" (Primary/Secondary).
    The setup is done at --> Setup > Financials > Accounting Setup Manager > Accounting Setup
    Hope this help,
    Vikram

  • Set of Books values

    Hi
    Using 11i , i m using
    FND_CLIENT_INFO.SET_ORG_CONTEXT to set the org value in TOAD,
    I wanted to know is there any method to set the set of books id value in TOAD...
    Regards
    Yram

    Pl post details of OS, database and EBS versions, along with which document you are following to enable multiorg. Pl see if these MOS Docs can help
    FAQ - Multiple Organizations Architechure (Multi-Org) (Doc ID 165042.1)
    LOV for Legal Entity or Set of Books from Operating Unit Information Missing Selections          (Doc ID 354008.1)
    HTH
    Srini

  • Create new GL set of Books

    Hello,
    We have created a new set of books in and modified the charts of accounts in UAT. how ca we create new gl responsibility and assign the new SOB and COA to it?
    Please provide me with detailed instructions ASAP.
    Thank you..

    thank you for that.
    Can you help me please and tell me what changes do i need to do in Purchasing & Inventory modules setups?
    Thanx...

Maybe you are looking for