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Understanding Redwood in Oracle ERP Financials – Versioning and Migration

I’m currently exploring Redwood in Oracle ERP Financials and have a few questions:

  1. Does Redwood have versioning like V2, V3 for ERP Financials? If yes, then how are these versions applied across modules (e.g., Payables, Expenses, Procurement)?
  2. How can we check the current Redwood version in our environment? Is there a specific profile option, setup page reference that shows which Redwood UX version we are using?
  3. What steps should we take to migrate to the next Redwood version?

Any insights, documentation links would be greatly appreciated.

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