What are Shared Entities?
· One-time definition of an object – and use the object across several products. For example, ‘Employees’, ‘Location’ are owned by Human Resources, the same might be used by other products like Manufacturing or Financials etc.
· They are ‘owned’ by a single product for table purpose only. Nobody is designated as primary user or decision maker.
· Ownership of the data, is again, at Enterprise’s discretion.
Define some of the Shared Entities.
Set of Books (SOB): It is a mean to collect and quantify financial data. There are three primary elements to a SOB – Chart of Accounts, Calendar and currency. (Owner: General Ledger)
Units of Measure: Used to express the quantity of items. (Owner: Inventory)
Items: Parts that are bought or sold or which are transacted. (Owner: Inventory)
Suppliers: Individuals or companies from whom goods and/or services are procured. (Owner: Purchase)
Customers: Buyers of the end products and/or services. (Owner: Receivables)
Sales Force: Comprises of individuals credited with sales revenue (Owner: Sales)
Employees: Individuals employed by the company who perform certain tasks. (Owner: Human Resources)
Locations: Physical addresses that may represent company’s addresses or customer’s addresses. (Owner: Human Resources)
Organizations: An entity designation that is used to partition data into logical units. Organization is any work group smaller than a Business Group. (Owner: Human Resources)
For example, consider the following organizations:
Government Reporting Entity/Legal Entity: GRE/LE is an organization for which fiscal or tax reports are prepared.
Operating Unit: OU is an organization – the level at which the transaction data is secured.
· One-time definition of an object – and use the object across several products. For example, ‘Employees’, ‘Location’ are owned by Human Resources, the same might be used by other products like Manufacturing or Financials etc.
· They are ‘owned’ by a single product for table purpose only. Nobody is designated as primary user or decision maker.
· Ownership of the data, is again, at Enterprise’s discretion.
Define some of the Shared Entities.
Set of Books (SOB): It is a mean to collect and quantify financial data. There are three primary elements to a SOB – Chart of Accounts, Calendar and currency. (Owner: General Ledger)
Units of Measure: Used to express the quantity of items. (Owner: Inventory)
Items: Parts that are bought or sold or which are transacted. (Owner: Inventory)
Suppliers: Individuals or companies from whom goods and/or services are procured. (Owner: Purchase)
Customers: Buyers of the end products and/or services. (Owner: Receivables)
Sales Force: Comprises of individuals credited with sales revenue (Owner: Sales)
Employees: Individuals employed by the company who perform certain tasks. (Owner: Human Resources)
Locations: Physical addresses that may represent company’s addresses or customer’s addresses. (Owner: Human Resources)
Organizations: An entity designation that is used to partition data into logical units. Organization is any work group smaller than a Business Group. (Owner: Human Resources)
For example, consider the following organizations:
Government Reporting Entity/Legal Entity: GRE/LE is an organization for which fiscal or tax reports are prepared.
Operating Unit: OU is an organization – the level at which the transaction data is secured.
(Users can therefore choose at which level they want to report – SOB or LE or OU)
Explain more about Organization.
An enterprise can have several branches, departments and divisions. They represent the operational groups in which people work. Each organization has a definite purpose and definition. For example, HR Organization is involved in managing employees, the Finance Department looks into money matters.
In Oracle HRMS, organizations are of two types – internal and external. The following are the Organizational classification available in Oracle HRMS:
Internal: Business Group/GRE/LE/HR Organization
External: Bargaining Unit/Benefits Carrier/Training Provider
(Some of these terms will be dealt in future posts)
What is Multi-Org?
Multi-Org enables multiple units in an enterprise to use a single Oracle Apps installation, while keeping transaction data separate and secure.
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