Thanks a ton for the great job done and they are very simple and yet detailed explanation so everyone can understand it.Could you please share a detailed video on E-business Tax please?
Based on your request i had created my first video on Ebtax. Stay tuned to my cannel for more videos on Ebtax:- th-cam.com/video/BUZgfUuXVTE/w-d-xo.html
Hi Abhisekh, Based on your request, i had created video on FA Accounting entries. Please find below the link for the same:- th-cam.com/video/HLJPg_TDQKU/w-d-xo.html
Thanks Arvind, Just wanted to ask if we unclear/unreconciled and void the payment then generally our entries got reversed in GL for payment in AP, but what will be the scenerio in cash management. Is unclearing/unreconciling the payment make any difference as such in Oracle I mean is there any reverse entries for that?
Allocation of inventory prior to booking can u please share right ways. Allocation removing adding reallocation is controlled manually and by allocation rules custom.we are having chaos
@@OracleEbizandFusionVideos allocation happens via reservation correct.during booking or prior u can allocate reallocate un allocate item quantity via reservation. Again during picking move order allocation transact of move order happens.can u please share differences here.
Sir, what is a business reason that someone will create a Chargeback invoice as in example if Receivale is 100 and customer pays 75 and outstanding balance is 25 then why will a user settle this Receivale and create a New Receivable using Chargeback.....?
Practically, i did not see any client (which i worked) using Chargeback functionality... but one of the reason could be if you create a new chargeback invoice, new invoice will be created with new due date...so customer will get additional days to pay the remaining balance... this holds good if we are charging interest for late payment... If we are not charging interest for late payment from customer, then i do not see any business reason to create a chargeback invoice
DCOGS is a new concept in R12. In simple terms, when we ship the goods, we need to hit DCOGS account (Which is in general a Asset account). Only when the customer confirmed that the goods are received and when AR invoice is created, we need to hit COGS account (Which is a P&L Account). i.e. we are deferring of hit to P&L account till the goods are actually received by customer and AR invoice is created.
as per accounting matching principle, you should recognize COGS when revenue is confirmed, oracle introduced this DCOGS because unless the all the risks and rewards are transferred to customer, revenue cannot be recognized, that is the reason DCOGS is hit as debit while shipping is ready, however once customer confirms the receipt, this will become now revenue of company and hence real COGS should be debited and DCOGS should be nullified.
@@viswasviswanathan2342 i did not get you.... Are you saying you are able to register but not able to use infosemantics vision environment? I had suggested this to lot of my subscribers and they are able to successfully register and practice on this environment
Hi Arvind, as always your published videos are very informative and in detail. Can you please send me the working excel sheet (used in the video) to my email address. I have shared it with you on FB page.
Your videos are amazing and good explanations. Please keep posting.
Thanks for your feedback
Awesome explanation.. Hats off
Thanks
Very valuable and informative video Thank you
Thanks for your feedback
Thank you, it is very informative
Glad it was helpful!
Thanks a ton for the great job done and they are very simple and yet detailed explanation so everyone can understand it.Could you please share a detailed video on E-business Tax please?
Sure
Based on your request i had created my first video on Ebtax. Stay tuned to my cannel for more videos on Ebtax:-
th-cam.com/video/BUZgfUuXVTE/w-d-xo.html
the explanation is extremely good. Thanks a lot for the videos you upload for us. Sir could u make a video for fixed asset accounting entries ?
Sure. My next video will be on FA Accounting entries
Hi Abhisekh,
Based on your request, i had created video on FA Accounting entries. Please find below the link for the same:-
th-cam.com/video/HLJPg_TDQKU/w-d-xo.html
This video is very informative. Could you please illustrate the O2C cycle from creation of SO. Thanks.
Sure
Thank you for Nice videos. Is there any more details video for O2C
AR module falls under O2C cycle... There are lot of videos in my channel on AR module... You can refer them
Hi Arvy - Do u have such for fusion?
Not yet... I will add this to my to do list
Thanks, Arvind, Could you please make a video demonstrating the O2C Cycle in details
Sure
Thanks Arvind, Just wanted to ask if we unclear/unreconciled and void the payment then generally our entries got reversed in GL for payment in AP, but what will be the scenerio in cash management. Is unclearing/unreconciling the payment make any difference as such in Oracle I mean is there any reverse entries for that?
Cash Management do not generate any accounting entries for reconciling or unreconciling of receipts/payments
Allocation of inventory prior to booking can u please share right ways. Allocation removing adding reallocation is controlled manually and by allocation rules custom.we are having chaos
Sorry, can you rephrase your question... Your question is not clear
@@OracleEbizandFusionVideos allocation happens via reservation correct.during booking or prior u can allocate reallocate un allocate item quantity via reservation. Again during picking move order allocation transact of move order happens.can u please share differences here.
Is it possible to share the spreadsheet you showed during the video
Ping me your email id here or on my facebook page so that i can share this spreadsheet with you
@@OracleEbizandFusionVideos nandunsph11@gmail.com
@@OracleEbizandFusionVideos Thank you very much
@@nandun11 Sent
Hi sir, how to check shipping entries in oracle ebs(Navigation).. please help me sir
You can check the entries under Material transactions screen under Inventory Module
Sir, what is a business reason that someone will create a Chargeback invoice as in example if Receivale is 100 and customer pays 75 and outstanding balance is 25 then why will a user settle this Receivale and create a New Receivable using Chargeback.....?
Practically, i did not see any client (which i worked) using Chargeback functionality... but one of the reason could be if you create a new chargeback invoice, new invoice will be created with new due date...so customer will get additional days to pay the remaining balance... this holds good if we are charging interest for late payment... If we are not charging interest for late payment from customer, then i do not see any business reason to create a chargeback invoice
@@OracleEbizandFusionVideos Sir, Your promise is pending for a detailed process video on CM....Sorry for pushing you :)....
Why pick release accounting entry is.
Material account debit to material account credit...
Because, when you are picking the item, you are just moving the item from one inventory stock locator to another stock locator
Sir, Please make a video on AUTO INVOICING RULE.
Sure
Are you referring to AR invoicing rules or AR Auto Accounting?
can you please explain difference between deferred COGS and COGS in simple terms?
DCOGS is a new concept in R12. In simple terms, when we ship the goods, we need to hit DCOGS account (Which is in general a Asset account). Only when the customer confirmed that the goods are received and when AR invoice is created, we need to hit COGS account (Which is a P&L Account). i.e. we are deferring of hit to P&L account till the goods are actually received by customer and AR invoice is created.
@@OracleEbizandFusionVideos thank you Soo much and your explanation is too good ...
as per accounting matching principle, you should recognize COGS when revenue is confirmed, oracle introduced this DCOGS because unless the all the risks and rewards are transferred to customer, revenue cannot be recognized, that is the reason DCOGS is hit as debit while shipping is ready, however once customer confirms the receipt, this will become now revenue of company and hence real COGS should be debited and DCOGS should be nullified.
Hi,
Can you please share me the link for Oracle download from site.
You can search for Infosemantics vision instance in google... Register there and start using Oracle vision environment
@@OracleEbizandFusionVideos I register and added favorites which like to but didn't see the option for practice.
@@viswasviswanathan2342 i did not get you.... Are you saying you are able to register but not able to use infosemantics vision environment? I had suggested this to lot of my subscribers and they are able to successfully register and practice on this environment
@@OracleEbizandFusionVideos Registration part is done and got username & password but it dont going to oracle for making entries .
@@OracleEbizandFusionVideos Sir us there any way to contact you.
Hi Arvind, as always your published videos are very informative and in detail. Can you please send me the working excel sheet (used in the video) to my email address. I have shared it with you on FB page.
Ping me on my facebook page and provide me your email id so that i can email you
Hi arvind Nice explained could you please send me the Excel sheet on my mail id
Ping me your email id on my facebook page