Register today for Oracle CloudWorld. October 17th - 20th, Las Vegas

Register now

Hillel Cooperman, Senior VP of User Experience Design, has a message for you on Oracle CloudWorld

Watch now
ARCS rollout - account analysis? — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

ARCS rollout - account analysis?

Received Response
24
Views
2
Comments
edited Nov 29, 2019 9:38AM in Account Reconciliation 2 comments

Summary

ARCS rollout is ongoing, business complains of value added

Content

Hi all,

We are working on ARCS rollout for a while now and we keep hearing the same feedback from the business which is criticizing the value added of the tool. For Balance Sheet reconciliation, Business checks the following:

1. comparing subledger number vs. GL numbers for PTD activity

2. analyzing ending BS balances per vendor, assets, etc. (analyzing factors depending on the respective module)

 

For 1) Rec compliance can help. Users can compare GL vs. Subsystem PTD activity. We can also assign Transaction Matching to profiles which can speed up the comparison.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!