Agility by Design – an Oracle E-Business Suite Blog and Technical Tips 

Once on a consulting engagement, an accountant told me that he described his job to his five year old daughter as, “I put numbers in boxes.” That was a great explanation, and it helped define a pretty abstract concept. There are two basic premises to putting numbers in boxes. The first is that when you put a number in a box, there is some logic behind what box that number goes into, and second, that someone else can find the numbers in the boxes. The following actual case study provides insight into designing an accounting flexfield so that the “boxes” can help organize the important segments of the business.  >>MORE