How to Use Oracle Account Generator for Project-Related Transactions

April 4, 2007 on 6:06 pm | by Marian Crkon | In How To Guides | 6 Comments | Print This Post

They say that if you know flexfields, you know Oracle Financials. I dare to say that if you know AutoAccouting and Account Generators, you understand Oracle Projects. For the lucky ones out there who are faced with an opportunity to set up these tools, here are some insights and experiences I’d like to share…

Check out this white paper I prepared for COLLABORATE07, which explains how to use the seeded Project Account Generators. Oracle provides these generators for you to start building your own processes for project-related transactions. It explains how Oracle initiates the Account Generators, what rules to follow when customizing them, and how to assign your customized processes to your accounting transactions. It also provides a detail step-by-step example of customizing a selected project-related transaction. The paper assumes that the reader is familiar with Oracle Financials and Projects accounting concepts and terminology and a working knowledge of Oracle Workflow Builder tool. Hope you find this information useful.

Account Generators are workflows that provide selected Oracle Applications the ability and flexibility to automatically generate accounting flexfield combinations using your own business rules. Some Oracle Account Generators come pre-seeded in the applications with pre-built rules. However, all Project Account Generators for project-related transactions must be always customized. Automatic generation of account combinations based on project-related information entered by users improves the accuracy and ease of data entry. When the business requirements change and new needs arise, Project Account Generator processes will have to be modified.

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