Sr
No
|
Points
|
11i
|
R12
|
Benefits
|
1
|
Multi Org Access Control
|
No Multi Org Access
Control Option in 11i.
|
Multi Org Access Control
Option is available in r12.
|
Role base access to OU –
perform multiple tasks across OU without changing responsibilities.
|
2
|
Sub-Ledger Accounting
Method
|
No Sub-Ledger Accounting
Method Option Available in 11i.
|
Sub-Ledger Accounting
Method is available in r12.
|
Enhance Global Accounting
engine by providing customizable accounting rules via Flexible & robust
accounting rules set up.
|
3
|
Primary Elements
|
3 C’s – Calendar,
Currency, Chart of Accounts.
|
4 C’s – Calendar,
Currency, Chart of Account, Conventions.
|
This 4th
C allows you to assign and manage a specific accounting method for each
ledger. Therefore, when a legal entity is subject to multiple reporting
requirements, separate ledgers can be used to record the accounting
information.
|
4
|
Ledger Sets
|
In 11i there is SOB – Set
of Book for Accounting.
|
In r12 there is Ledger
creation for Accounting.
|
No Need to change
Responsibilities to Access data in different ledger.
|
5
|
Global Intercompany
Systems
|
In 11i there is no Global
Intercompany Systems.
|
|
Intercompany Balancing,
Invoicing & Reconciliation.
|
6
|
Centralized Banking
|
In 11i Bank Account
associated with Operating Unit,
|
In r12 Bank Account
associated with Legal Entity, Single bank account serves multiple OU’s.
|
Centralized Internal Bank
Account Model, Bank Account Transfer, cash Pooling, Cash Positioning
Intra-Day activity, Single Payment activity.
|
7
|
e-BTax
|
In 11i User determines
tax by assigning Tax Codes,
Tax Rules in Code, Global
Descriptive flexfields for country –specific tax attributes, Granular
setup at OU level.
|
In r12 e-BTax determines
tax based on facts about each transaction, Tax Rules you can see, Tax
attributes collected in field on Key entities.
Configure tax rule once
per regime and share with your LE’s.
|
Centralized Tax Record
Repository for Audit & Reporting, Single Set for all Oracle Applications,
Improve Reporting, Facilitate Compliance , Improve
auditability.
|
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Thursday, April 9, 2015
Oracle 11i & R12 Comparisons
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