Forum Stats

  • 3,757,060 Users
  • 2,251,192 Discussions
  • 7,869,716 Comments

Discussions

Set up non-financial data in Oracle GL (EBS & Fusion)

User_PHBUU
User_PHBUU Member Posts: 5 Red Ribbon
edited May 14, 2021 4:23AM in EBS on OCI Automation

Hi all,

 

I'm sure many of us professionals would agree that we should uphold the principle of "single source of data (truth)" as implementing finance ERP applications so that data and data oriented business queries can be traced to the root.

 

So my question is:

is it an industry / good practice to set up non-financial data in Oracle GL (EBS and/or Fusion), link to a data warehouse (ex. Oracle Hyperion), and end with an output solution (ex. data reporting tool)?

 

So in the case of whenever you need to create new accounts, entities, products, lines of business, even non-financial data like quantity, ratios, %, headcount, you should ALWAYS begin creating in Oracle GL.

 

Appreciate y'all comments and insights!

Tagged: