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New Chart of Account (COA) Impact to HCM due to Oracle Fusion ERP Implementation

in Human Capital Management 5 comments

Summary:

Initially during HCM implemenation, the Chart of Account mainly Cost Center information was setup in references to the existing information in the SAP. Then we link the setup Cost Center to Departments and Positions in the HCM.

Now, we decided to implement ERP (Finance) in Oracle Fusion (in the same instance) and in the implementation the Chart of Account will be resetted and created new ones which means at the Enterprise Structres on the Chart of Account related needs to be updated. Then the HCM information will need to be updated/correct in order to reflect to the new Chart of Account.

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