Session ID:

Prepared by:

Remember to complete your evaluation for this session within the app!

10896

Mastering Oracle Projects Reporting and Period End Processing

Finding success with pre-built content to

accelerate period-end and enable a 360-

degree view of Oracle Projects

4/8/2019

Tim Colleran, Sr. Solutions

Architect at Magnitude

Intro

• Licensed CPA with a financial auditing and cost accounting

background

• Techno-functional professional with over 9 years of experience

working with Oracle ERPs, SQL, and Noetix products

• Helped over 100+ Oracle-centric organizations improve their

operational reporting and monthly close processes

• People-first philosophy to technology

• Attended and presented at Collaborate since 2016

Tim Colleran

Sr. Solutions Architect

• Oracle Projects Overview

• Reporting and Period End Challenges

• Solution Demonstration

• About Magnitude

• Q&A

Oracle Projects

OverviewPurpose, Data Flow, Processes,

and Reporting

What is Oracle Projects?

“…a complete enterprise project management solution to give you a flexible

approach to defining and managing your projects and the people, schedules,

deliverables, and finances associated with them.” -- Oracle

Oracle Project Costing

• Financial Plan and Cost Budget Creation

• Accrual and expenditure capture

• Burdening Functionality• Integration with other Oracle

Applications

Oracle Project Billing

• Revenue Budget Creation• Billing retention and tax

functionality• Revenue accrual• Invoice creation• Integration with other

Oracle Applications

Oracle Project Management (incl. Resource Management)

• Project planning and tracking• Issue and change management• Shared resource repository

including schedules and availability

• Financial forecasts• Integration with other Project

Management tools

Oracle Projects Fundamentals includes*:

*Not listed: Grants Accounting, Project Collaboration, Project Portfolio Analysis

Oracle Projects Data Flow

OTL

HR

Payroll

INV

PAMFG

Oracle Projects

Timecards

Employees, Jobs, Orgs*

Payroll Actuals

Issues*

Mfg. Cost

PO

AP

FA

AR

Committed Cost*Receipt Accruals

Committed Cost*Supplier CostsExpense Reports

Capitalized Asset Cost

InvoiceInvoice Adj.

Oracle SLA

Create Accounting

Trx. Balance*Ref. Customers

Cost, Cross Charge, Budget Acctg. Events, Revenue Acctg. Events

Oracle GL

* Referenced or Reported between Applications

Oracle Projects Period End Process

Process Transactions

•Timecards

•Supplier Invoices

•Expense Reports

• Inventory Transactions

•Cost Distributions

•Revenue

• Invoices

•Asset Lines

Create Accounting

•Generate Cost, Cross Charge, and Revenue Accounting Events

•Run Create Accounting

•Post to the GL

• Interface Asset Lines

Reconcile

•Run Project Costing and Revenue Management “MGT” Reports

•Reconcile Cost Distribution Lines with GL using “AUD” Reports

Close Period

•Run and Review Period Close Exceptions “EXC” Reports

•Open Next PA Period

•Close the Current PA Period

•Update PA Reporting Period

•Update Project Summary Amounts

Oracle Projects Standard Reports

• AUD: Project Configuration

• AUD: Work Breakdown Structure

Project Detail

(3 Reports)

• MGT: Invoice Review

• MGT: Unbilled Receivables Aging

Billing

(7 Reports)

• MGT: Capital Project Summary Report

• MGT: Expenditures Detail Report

Expenditure Detail

(11 Reports)

• MGT: Revenue, Cost, Budgets by Resources

• MGT: Employee Activity Report

Project Financials

(4 Reports)

• AUD: Project Subledger Detail by Project

• EXC: Transaction Exception Details by PA or GL Pd.

Audit and Exception

(17 Reports)

Total Number of Reports by Report Category and Highlighted Reports:

Total Number of Standard Reports for Oracle Projects (R12.2):

42

Reporting and

Period End

Challenges

Oracle Projects Reporting and Period End Challenges

• Difficult to track what processes have been run, reviewed, and verified to ensure all interfaced transactions have been included

• Integration with many other Oracle Applications may cause conflicts, cause processes to fail, or not include all of the transactions

• Knowing what steps to complete, what processes to run and when, and what reports to review after each step

Period End Process Reporting

• What report to run and when and what to look out for

• Reconciliation to the GL can be difficult with the report format and detail level of the Oracle standard reports for both Projects and GL

• Oracle standard reports may not include the necessary columns, especially if you’ve extended Oracle using descriptive flex fields

• Oracle standard reports may be limited to a single project, expenditure type, or period

Solution

Demonstration

What is a NoetixView?

Oracle database tables

MTL_SYSTEM_ITEMS_B

HZ_CUSTOMERS

OE_ORDER_LINES_ALL

OE_ORDER_HEADERS_ALL

MTL_SYSTEM_ITEMS_TL

PA_PROJECTS_ALL

PA_TASKS

View of the database

ATO Flag

Booked Date

Customer

Customer No.

Item

Item Desc.

Line Status

Open Quant.

Order No.

Order Quant.

Project

Quantity

Organization

Order Lines

[remaps view] [doesn’t break]

Cust. Status

ATTRIBUTE1: “Customer Status”

Flexfield column in the table

Your Choice

BI Tool

Customer

Selling Org.

Cust. Status

Open Quant.

Order Quant.

Booked Date

Order No.

Orders

Customer No.

Flexfield column in the view

[Oracle EBS upgrade]

HZ_CUST_ACCOUNTS

OE_ORDER_LINES_ALL

HZ_PARTIES

PA_TASKS

Real-Time NoetixViews Oracle EBS Module Coverage

Service

Contracts

Payables

Financials Supply ChainHuman

ResourcesDiscrete

ManufacturingProjectsSales

General LedgerHuman

ResourcesCostingQuoting*

Advanced

BenefitsBilling

Receivables & Advanced

Collections*Payroll

Employee

Expenses*

Learning

Management*

ServiceProcess

Manufacturing

Assets

Field Service

TeleService

Install Base

Depot RepairTime & Labor

Inventory

Labor

Distribution*

Project

Contracts*

Project

Management

Property

Management*

Subledger

Accounting

Cash

Management

Enterprise Asset

Management

Purchasing

Quality

Master

Scheduling MRP

Advanced Supply Chain Planning

Work in Process

Cost

Management

Development

Execution

Bills of Material Planning

Order

Management

iProcurement*

Financials

Process Quality

Incentive

Compensation*

Field Sales*

* Limited Availability

Grants

Accounting

Project

Manufacturing*

Contract

Lifecycle

Management

Performance

Management*

Supplier

Lifecycle

Management*

Procurement

Contracts*

About Magnitude

About Magnitude

Realize the operational efficiencies promised

by modern business applications with

Magnitude’s unified application management

solutions.Our Vision

Our reporting and analytics, master data management, product

information management, productivity and data connectivity

solutions provide access to and insights from trusted financial

and non-financial information across the enterprise.

About Magnitude

Magnitude is a leading provider of software solutions

that enable enterprises to unify fragmented data,

deliver actionable insights for critical business

decisions and extend the value of infrastructure

investments.

1 ,200+ GLOBAL, BLUE -CHIP CUSTOMERS

CORE CAPABIL IT IES

Connectivity Analytics Data Management

KEY STATS

ENTERPRISE CHALLENGES WE SOLVE

▪ Unify access to all enterprise data sources

▪ Simply the governance and management of master data

▪ Deliver consistent, rich product information to online and offline storefronts

▪ Gain insight into enterprise data to drive operational efficiency

Approaching 100MM Revenue

Tripled recurring revenue, profit

and team in 3 years

8 Acquisitions

Over 500 Employees

Global coverage across

NA, EU & India

Austin, TX HeadquartersMagnitude’s solutions are used by more than 1,200 global

enterprises to manage the end-to-end data lifecycle, from

connectivity, harmonization and governance to analytics through

a bundled platform.

Today’s ERP Reality

ERP Vision

ERP

Single instance delivering detangling process complexity and delivering vast organizational

efficiencies

Reality

ERPERP

Core ERP fails to deliver on operational improvements because of fragmentation,

creating whitespace around the ERP. Custom builds and 3rd party vendors fill the gaps in the

whitespace

Magnitude Strategy

ERPERP

Magnitude strategy focused on consolidating the whitespace around core ERP through internal product development and M&A

REPORTING & ANALYTICSREPLICATION LAYERSOURCE APPLICATIONS

REPLICATED OBJECTS

CENTRALIZED, CLOUD DATABASE

CONTENT

Real-Time Views

Combined Application

Views and Data Marts

COMBINED REPORTING,

ANALYSIS, AND DASHBOARDS

USING YOUR BI TOOL OF CHOICE

METADATA REPOSITORY

Data Marts

TOOLS

SEARCH INDEX

Active Metadata

Repository (AMDR)

Noetix Search

Unified Business Analytics (UBA)

Cloud Applications

Oracle EBS

Oracle JDE

SAP ECC

LegacyApplications

Session ID:

Remember to complete your evaluation for this session within the app!

10896

tcolleran@magnitude.com