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Wednesday 1 April 2020

ORACLE FUSION CLOUD | BUSINESS PROCESS MODEL - BPM


ORACLE FUSION CLOUD
BUSINESS PROCESS MODEL (BPM)


BPM Activities
Description
Define Enterprise
Define the enterprise to get the name of the deploying enterprise and the location of the headquarters.
Define Enterprise Structures
Define enterprise structures to represent an organization with one or more legal entities. Define organizations to represent each area of business within the enterprise.
Define Legal Jurisdictions and Authorities
Define information for governing bodies that operate within a jurisdiction.
Define Legal Entities
Define legal entities and legal reporting units for business activities handled by the Oracle Fusion Applications.
Define Business Units
Define business units of an enterprise to perform one or many business functions that can be rolled up in a management hierarchy. A business unit can process transactions on behalf of many legal entities. Normally, it has a manager, strategic objectives, a level of autonomy, and responsibility for its profit and loss.
Define Financial Reporting Structures
Define financial reporting structures, including organization structures, charts of accounts, organizational hierarchies, calendars, currencies and rates, ledgers, and document sequences which are used in organizing the financial data of a company.
Define Chart of Accounts
Define chart of accounts including hierarchies and values to enable tracking of financial transactions and reporting at legal entity, cost center, account, and other segment levels.
Define Ledgers
Define the primary accounting ledger and any secondary ledgers that provide an alternative accounting representation of the financial data.
Define Accounting Configurations
Define the accounting configuration that serves as a framework for how financial records are maintained for an organization.
Define Facilities
Define your manufacturing and storage facilities as Inventory Organizations if Oracle Fusion tracks inventory balances there and Item Organizations if Oracle Fusion only tracks the items used in the facility but not the balances.
Define Reference Data Sharing
Define how reference data in the applications is partitioned and shared.


Disclaimer: this article taken from oracle you can have more detail through following link

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