The Oracle ERP database is the underlying data store behind an Oracle enterprise resource planning system, holding every transaction, master record and configuration setting the application uses. In practice the phrase means two quite different things depending on...
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What is an ERP general ledger?
The ERP general ledger is the central accounting record inside an enterprise resource planning system, holding the balance of every account and receiving posted entries from every subledger. It is the point where operational activity becomes accounting: a purchase...
What is a financial statement generator?
The financial statement generator, almost always shortened to FSG, is a reporting tool built into the General Ledger module of Oracle E-Business Suite. It lets a finance user define a report by describing its structure rather than by writing code: which accounts form...
What are accounts payable reports?
Accounts payable reports are the set of reports that describe what an organization owes its suppliers: how much, to whom, when it falls due, and what is holding any of it up. No single report answers all of that, which is why payables teams work from a set rather than...
What is data validation?
Data validation is the process of checking that data satisfies a set of defined rules before it is accepted, stored or reported. A validation rule states a condition the data must meet: a date must fall within an open period, an amount must be positive, a supplier...
What is data storytelling?
Data storytelling is the practice of combining data, visuals and narrative so that an audience understands a finding and acts on it. It is the step between having an analysis and having an outcome, and it is the step most often skipped. A chart on its own is not a...
What is data mapping?
Data mapping is the practice of defining how each field in a source system corresponds to a field in a target system, including any transformation applied along the way. A mapping states that VENDOR_NAME in one system becomes supplier_name in another, that it is...
What is data democratization?
Data democratization is the practice of making data available to people across an organization who are not data specialists, so they can answer their own questions without routing every request through a technical team. It covers access, but it also covers the tools,...
What is an accounts payable aging report?
An accounts payable aging report lists every unpaid supplier invoice and groups the outstanding amounts by how long they have been outstanding, usually in thirty-day bands. It answers two questions at once: how much the organization owes, and how overdue that money...
What is a trial balance?
A trial balance is a listing of every account in the general ledger with its closing balance, arranged in two columns so that total debits can be compared against total credits. Under double-entry bookkeeping the two totals must agree. When they do, the ledger is...
What is financial statement analysis?
Financial statement analysis is the practice of interpreting an organization's financial statements to reach a judgement about its performance, position and prospects. Where reporting produces the statements, analysis interrogates them: it asks whether the numbers are...
What are data silos?
Data silos are collections of data held by one team, system or department and not readily accessible to the rest of the organization. The defining characteristic is reach rather than location: data sitting in a central warehouse that only two people can query is as...
What is the Oracle ERP database?
The Oracle ERP database is the underlying data store behind an Oracle enterprise resource planning system, holding every transaction, master record and configuration setting the application uses. In practice the phrase means two quite different things depending on...
What is an ERP general ledger?
The ERP general ledger is the central accounting record inside an enterprise resource planning system, holding the balance of every account and receiving posted entries from every subledger. It is the point where operational activity becomes accounting: a purchase...
What is a financial statement generator?
The financial statement generator, almost always shortened to FSG, is a reporting tool built into the General Ledger module of Oracle E-Business Suite. It lets a finance user define a report by describing its structure rather than by writing code: which accounts form...
What are accounts payable reports?
Accounts payable reports are the set of reports that describe what an organization owes its suppliers: how much, to whom, when it falls due, and what is holding any of it up. No single report answers all of that, which is why payables teams work from a set rather than...
What is data validation?
Data validation is the process of checking that data satisfies a set of defined rules before it is accepted, stored or reported. A validation rule states a condition the data must meet: a date must fall within an open period, an amount must be positive, a supplier...
What is data storytelling?
Data storytelling is the practice of combining data, visuals and narrative so that an audience understands a finding and acts on it. It is the step between having an analysis and having an outcome, and it is the step most often skipped. A chart on its own is not a...
What is data mapping?
Data mapping is the practice of defining how each field in a source system corresponds to a field in a target system, including any transformation applied along the way. A mapping states that VENDOR_NAME in one system becomes supplier_name in another, that it is...
What is data democratization?
Data democratization is the practice of making data available to people across an organization who are not data specialists, so they can answer their own questions without routing every request through a technical team. It covers access, but it also covers the tools,...
What is an accounts payable aging report?
An accounts payable aging report lists every unpaid supplier invoice and groups the outstanding amounts by how long they have been outstanding, usually in thirty-day bands. It answers two questions at once: how much the organization owes, and how overdue that money...
What is a trial balance?
A trial balance is a listing of every account in the general ledger with its closing balance, arranged in two columns so that total debits can be compared against total credits. Under double-entry bookkeeping the two totals must agree. When they do, the ledger is...
What is financial statement analysis?
Financial statement analysis is the practice of interpreting an organization's financial statements to reach a judgement about its performance, position and prospects. Where reporting produces the statements, analysis interrogates them: it asks whether the numbers are...
What are data silos?
Data silos are collections of data held by one team, system or department and not readily accessible to the rest of the organization. The defining characteristic is reach rather than location: data sitting in a central warehouse that only two people can query is as...