Cloud Readiness / Oracle Accounting Foundation Cloud
What's New
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  1. Release 22D
  1. Revision History
  2. Overview
  3. Feature Summary
  4. Accounting Foundation
    1. Accounting Foundation
        1. Data Length Enhancement for the Organization Unit Name Attribute
        2. Addition of Currencies
        3. Resolution of Decomposition Observations
        4. Filter Process Executions for an Execution Date in the Process Monitor Screen
        5. Enable Extraction of Data with the File Size More Than 2GB
        6. Availability of Additional Public API Endpoint
        7. Enabling Connection to SSO Enabled ERP Environment
        8. Inclusion of New Project Dimension in Balance Reconciliation
        9. Inclusion of New Ledger ID Dimension in Balance Reconciliation
        10. Ability to Reconcile Based on Local Currency Balance Amount
        11. Balance Reconciliation Based on Entered Currency Dimension
        12. Extend Dimension Entities
        13. Effective Date Addition
        14. Disable/Retire Dimensional Value
        15. Retrieve Rounded Journal Amounts from ERP
        16. Balance Revaluation Process for All Currencies
        17. Archived Extracts
        18. Execute Data Quality Rules by Data Source
        19. Custom Data Quality Rules and Groups

Release 22D

Revision History

This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:

Date Module Feature Notes
01 MAR 2023   Disable/Retire Dimensional Value Updated document. Revised feature information.
01 MAR 2023   Custom Data Quality Rules and Groups Updated document. Revised feature information.
22 FEB 2023   Disable/Retire Dimensional Value

Updated document. Delivered new feature in patch 23.2.1.

22 FEB 2023   Custom Data Quality Rules and Groups

Updated document. Delivered new feature in patch 23.2.1.

22 FEB 2023   Execute Data Quality Rules by Data Source

Updated document. Delivered new feature in patch 23.2.1.

22 FEB 2023   Archived Extracts

Updated document. Delivered new feature in patch 23.2.1.

22 FEB 2023   Retrieve Rounded Journal Amounts from ERP

Updated document. Delivered new feature in patch 23.2.1.

22 FEB 2023   Balance Revaluation Process for All Currencies

Updated document. Delivered new feature in patch 23.2.1.

27 JAN 2023   Effective Date Addition Updated document. Delivered new feature in patch 23.1.1.
25 JAN 2023   Extend Dimension Entities Updated document. Delivered new feature in patch 23.1.1.
25 JAN 2023   Balance Reconciliation Based on Entered Currency Dimension Updated document. Delivered new feature in patch 23.1.1.
25 JAN 2023   Ability to Reconcile Based on Local Currency Balance Amount Updated document. Delivered new feature in patch 23.1.1.
25 JAN 2023   Inclusion of New Ledger ID Dimension in Balance Reconciliation Updated document. Delivered new feature in patch 23.1.1.
25 JAN 2023   Inclusion of New Project Dimension in Balance Reconciliation Updated document. Delivered new feature in patch 23.1.1.
23 JAN 2023   Enabling Connection to SSO Enabled ERP Environment Updated document. Delivered new feature in patch 23.1.1.
23 JAN 2023   Availability of Additional Public API Endpoint Updated document. Delivered new feature in patch 23.1.1.
05 JAN 2023   Resolution of Decomposition Observations Updated document. Revised feature information.
03 JAN 2023   Enable Extraction of Data with the File Size More Than 2GB Updated document. Delivered new feature in 22D.
03 JAN 2023   Filter Process Executions for an Execution Date in the Process Monitor Screen Updated document. Delivered new feature in 22D.
23 DEC 2022   Resolution of Decomposition Observations Updated document. Delivered new feature in 22D.
23 DEC 2022   Addition of Currencies Updated document. Revised feature information.
22 DEC 2022     Created initial document.

Overview

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Feature Summary

Column Definitions:

Report = New or modified, Oracle-delivered, ready to run reports.

UI or Process-Based: Small Scale = These UI or process-based features are typically comprised of minor field, validation, or program changes. Therefore, the potential impact to users is minimal.

UI or Process-Based: Larger Scale* = These UI or process-based features have more complex designs. Therefore, the potential impact to users is higher.

Features Delivered Disabled = Action is needed BEFORE these features can be used by END USERS. These features are delivered disabled and you choose if and when to enable them. For example, a) new or expanded BI subject areas need to first be incorporated into reports, b) Integration is required to utilize new web services, or c) features must be assigned to user roles before they can be accessed.

Ready for Use by End Users
(Feature Delivered Enabled)

Reports plus Small Scale UI or Process-Based new features will have minimal user impact after an update. Therefore, customer acceptance testing should focus on the Larger Scale UI or Process-Based* new features.

Customer Must Take Action before Use by End Users
(Feature Delivered Disabled)

Not disruptive as action is required to make these features ready to use. As you selectively choose to leverage, you set your test and roll out timing.

Feature

Report

UI or
Process-Based:
Small Scale

UI or
Process-Based:
Larger Scale*

Accounting Foundation

Accounting Foundation

Data Length Enhancement for the Organization Unit Name Attribute

Addition of Currencies

Resolution of Decomposition Observations

Filter Process Executions for an Execution Date in the Process Monitor Screen

Enable Extraction of Data with the File Size More Than 2GB

Availability of Additional Public API Endpoint

Enabling Connection to SSO Enabled ERP Environment

Inclusion of New Project Dimension in Balance Reconciliation

Inclusion of New Ledger ID Dimension in Balance Reconciliation

Ability to Reconcile Based on Local Currency Balance Amount

Balance Reconciliation Based on Entered Currency Dimension

Extend Dimension Entities

Effective Date Addition

Disable/Retire Dimensional Value

Retrieve Rounded Journal Amounts from ERP

Balance Revaluation Process for All Currencies

Archived Extracts

Execute Data Quality Rules by Data Source

Custom Data Quality Rules and Groups

Accounting Foundation

Accounting Foundation

Data Length Enhancement for the Organization Unit Name Attribute

Size of the business term ‘'Organization Unit Name' has been increased from 100 to 255.

It will enable users to ingest Organization Unit Name with up to 255 characters long without getting truncated.

NOTE: User can run the SCD with the latest MIS Date to move the Organization Unit Name attribute without getting truncated.

Steps to Enable

You don't need to do anything to enable this feature.

Addition of Currencies

Currency codes referring to legacy/inactive currencies have been added to the list of currencies seeded/used by AFCS. This is in response to the implementation instances that continue to need such legacy currencies.

NOTE: These currencies have been enabled with no end date and can be deactivated by the user in the future if not required. There is one exclusion; currency code STAT would be added in an upcoming release.

Steps to Enable

You don't need to do anything to enable this feature.

Resolution of Decomposition Observations

Enhancement to enable an explicit tracking of Line Numbers through ERP has been enabled, allowing the resolution of decomposition observations. This enhancement also improves the performance of the decomposition process.

Resolution of decomposition observations.

Steps to Enable

  • Add a line number as a Supporting Reference in your ERP instance.
  • Include the Supporting Reference in the Sub Ledger configuration.
  • Map the Supporting Reference in AFCS-ERP Settings user interface

Filter Process Executions for an Execution Date in the Process Monitor Screen

AFCS will support the search and the list of executions run for a specific As of Date in the Process Monitor screen.

Enhanced monitoring of process executions.

NOTE: Users can specify the date in MM/dd/yyyy or MM/dd format in the search box for filtering executions run for the date.

Steps to Enable

You don't need to do anything to enable this feature.

Enable Extraction of Data with the File Size More Than 2GB

AFCS will support the extraction of data with a file size of more than 2GB.

Extracting large sets of data in a single run.

Steps to Enable

You don't need to do anything to enable this feature.

Availability of Additional Public API Endpoint

AFCS now provides API to do the following:

  • Retrieve ERP ESS Job invoked by AFCS SLA process.

This enhancement will enable the orchestration of automation of end-to-end processes between AFCS and ERP.

Steps to Enable

You don't need to do anything to enable this feature.

Enabling Connection to SSO Enabled ERP Environment

AFCS will be able to connect to SSO enabled ERP environment and perform event posting, locate BICC extract, download BICC extracts, and so on.

This enhancement will facilitate connectivity from AFCS to SSO-enabled ERP instance.

Steps to Enable

You don't need to do anything to enable this feature.

Inclusion of New Project Dimension in Balance Reconciliation

The New Project Dimension is packaged as an optional dimension for GL - ML Reconciliation. In the Type configuration, select Project as an optional dimension.

This enhancement will enable additional COA segments for Balance Reconciliation.

Steps to Enable

You don't need to do anything to enable this feature.

Inclusion of New Ledger ID Dimension in Balance Reconciliation

The New Ledger ID Dimension is packaged as an optional dimension for GL - ML Reconciliation. In the Type configuration, select Ledger ID as an optional dimension.

This enhancement will enable additional COA segments for Balance Reconciliation.

Steps to Enable

You don't need to do anything to enable this feature.

Ability to Reconcile Based on Local Currency Balance Amount

New Measure End of Period Balance Local Currency Amount is a package for GL - ML Reconciliation. In Entity Configuration, select End of Period Balance Local Currency Amount from the Measure list.

This enhancement will help reconciliation of Local Currency Balance Amounts.

Steps to Enable

You don't need to do anything to enable this feature.

Balance Reconciliation Based on Entered Currency Dimension

The Balance reconciliation process is standardized on mandatory Entered Currency Dimension for both General Ledger to Management Ledger and General Ledger to Product Processor.

This enhancement will enable Balance Reconciliation based on Entered Currency dimension.

Steps to Enable

You don't need to do anything to enable this feature.

Extend Dimension Entities

Coverage for the Catalog Extension feature has been increased to include Dimension Entities.

This enhancement will allow users to extend out-of-the-box and custom dimension entities and add custom attributes. It also enables users to extract extended/custom attributes using data services.

Steps to Enable

You don't need to do anything to enable this feature.

Effective Date Addition

Add an Effective date filter to the BCE report.

It will help users to filter the records further after selecting Extraction Date.

Steps to Enable

You don't need to do anything to enable this feature.

Disable/Retire Dimensional Value

Ability to retire obsolete dimensional values.

Users can retire a dimensional value if it is obsolete or no longer in use.

Steps to Enable

Users must set the PMF parameter to ‘YES’ for the given SCD task.

Tips And Considerations

NOTE: Users should always load a snapshot of the master data. For example: Contracts or Journals referring to an obsolete node will result in DQ failure for any new record.

Retrieve Rounded Journal Amounts from ERP

AFCS will now retrieve rounded journal amounts from ERP with BICC extract jobs.

This enhancement will use ERP journal amounts adjusted with rounding errors for management ledger balance computation in AFCS.

Steps to Enable

You don't need to do anything to enable this feature.

Balance Revaluation Process for All Currencies

Revaluation Run can be executed for all the currencies.

This will help business users to perform balance revaluation for all the currencies at one time.

Steps to Enable

The appropriate PMF parameter has to be selected.

Archived Extracts

AFCS will now produce a single archived file for an extract. The files generated for a given extract run will be combined into a single archived file, and the archived file will be available for download from the system.

This enhancement will significantly improve the user experience of integrating AFCS with downstream systems. Users will now be required to download and transfer significantly smaller archived files compared to multiple large files over the network.

Steps to Enable

You don't need to do anything to enable this feature.

Execute Data Quality Rules by Data Source

This feature enables users to execute data quality (DQ) checks for a subset of records based on a given data source.

It saves time as DQs are executed only for a subset of records and not all records for a given As of date.

Steps to Enable

Users need to provide Data Source as a parameter.

Custom Data Quality Rules and Groups

Users can create/modify/delete the custom DQs rules and custom DQ groups.

  • Users can create their own custom DQ rules in addition to the seeded DQ rules.
  • Users can create custom groups and map both the seeded and custom DQ rules to the group.

Steps to Enable

You don't need to do anything to enable this feature.

Tips And Considerations

NOTE: Pipeline for the Custom DQ Group Execution needs to be created by the user.