Archive for March, 2008
Inside Out: Back Office Systems Have Become Gateways to the External Community
Posted by Helene Abrams in News & Articles, The Changing Enterprise on March 20th, 2008
What used to be considered “back-office” systems are not located in the back of the office anymore. Systems that support a company’s infrastructure for sales, customer service, and supplier relations are front and center customer-, supplier- and employee-facing systems. The heightened importance of the internet to daily business processes requires that a wide variety of information must be available to number of different internal and external parties, creating both opportunities and risks. This overall interconnectedness of users and data systems means that the data has to be available, secure, standardized, and complete, consistent, and correct so that both the internal and external users can find the information that they need. >>MORE
Into the Future (And Back Again)
Posted by Chris Busbee in Chart of Accounts Structure, Designing a Chart of Accounts, TECHANGES on March 20th, 2008
Designing an accounting flexfield is one of the most difficult processes in an Oracle implementation. A “good” chart of accounts has the following criteria:
- The segments support important aspects of the business.
- You are able to report on critical business components with standard reports without resorting to spreadsheets.
- There is enough room to expand within each segment.
- FSGs and other reports are easy to create.
- Summary accounts and rollup groups fall naturally within ranges.
- Information in the chart of accounts is not repeated from other modules.
- There is only one type of information in each segment.