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

Last month, this newsletter had an article about putting numbers in boxes that presented the current chart of accounts and design considerations for a local/county government. This month, we are continuing that article with design considerations for a CoA for a high tech manufacturing company. We will refer to this company as HTM in this article. HTM has many of the same issues that the county government had, with segments representing multiple types of data and with different kinds of information within one segment. This chart is a little more complex because HTM is a global company with different statutory and regulatory requirements. Trying to get global consensus on a new chart around the world is also very difficult politically because everyone feels ownership of their current values and they want to continue doing things in the way that they are used to doing them. The current accounting flexfield for HTM has nine segments…>>MORE