7 Configuring Oracle Financial Analytics: Oracle General Ledger and Profitability Analytics. The General Ledger

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7 Configuring Oracle Financial Analytics

This chapter describes how to configure Oracle Financial Analytics for particular sources
to meet your business needs, and contains the following topics:

 Section 7.1, "Overview of Oracle Financial Analytics"


 Section 7.2, "Configuration Required Before A Full Load for Financial Analytics"

To find out about other possible tasks required to deploy Oracle Business Intelligence
Applications, see Section 2.4, "Roadmap To Installing, Configuring, and Customizing
Oracle Business Intelligence Applications With ODI".

7.1 Overview of Oracle Financial Analytics

Oracle Financial Analytics consists of the following:

 Oracle General Ledger and Profitability Analytics. The General Ledger


Analytics application provides information to support your enterprise's balance
sheet and provides a detailed analysis on the overall health of your company.
The default configuration for the General Ledger Analytics application is based on
what is identified as the most-common level of detail or granularity. However,
you can configure and modify the extracts to best meet your business
requirements.

The Profitability Analytics application provides cost analysis, revenue trends, and
sales performance to provide an accurate picture of profit and loss. The
information found in the Profitability Analytics application pertains to data found
in the revenue and expense account groupings of your financial statements and
chart of accounts. The Profitability Analytics application is designed to provide
insight into your enterprise's revenue and profitability information, which ties into
your accounts receivable. The default configuration for the Profitability Analytics
application is based on what is identified as the most-common level of detail, or
granularity. However, the extracts are configurable and you can modify the
extracts to meet your business requirements. The Profitability Analytics
application provides cost analysis, revenue trends, and profitability analysis at
the products and customer level, and the income statement at the company and
business divisions level.

 Oracle Payables Analytics. The Oracle Payables Analytics application provides


information about your enterprise's accounts payable information and identifies
the cash requirements to meet your obligations.

The information found in the Oracle Payables Analytics application pertains to


data found exclusively under Accounts Payable (AP) in your financial statements
and chart of accounts. Analysis of your payables allows you to evaluate the
efficiency of your cash outflows. The need for analysis is increasingly important
because suppliers are becoming strategic business partners with the focus on
increased efficiency for just in time, and quality purchasing relationships.

The default configuration for the Oracle Payables Analytics application is based
on what is identified as the most- common level of detail, or granularity.
However, you can configure or modify the extracts to best meet your business
requirements.

 Oracle Receivables Analytics. The Oracle Receivables Analytics application


provides information to support your credit and collection activities, and to
monitor and identify potential, receivables problems.

The information found in the Oracle Receivables Analytics application pertains to


data found exclusively in the Accounts Receivable (AR) account grouping of your
financial statements and chart of accounts. Each day that your receivables are
past the due date represents a significant, opportunity-cost to your company.
Keeping a close eye on the trends, and clearing of AR is one way to assess the
efficiency of your sales operations, the quality of your receivables, and the value
of key customers.

The default configuration for the Oracle Receivables Analytics application is based on
what is identified as the most-common level of detail or granularity. However, you may
configure and modify the extracts to best meet your business requirements.

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