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Transaction Account Builder (TAB)

Oracle SCM Cloud

Demo

Overview

Transaction Account Builder (TAB) in Oracle SCM Cloud allows you to define rules to derive the account combinations, for the following accounts, on Purchasing Documents

  1. Charge Account: This is the account where the actual money spent is charged.
  2. Accrual Account: Intermediary account to record the money that has been spent on goods / services that are consumed but not invoiced
  3. Variance Account: This is the difference in the PO amount and the invoice amount
  4. Destination Charge Account: Destination Charge Account is relevant in case of Intercompany Transactions where Procuring Organisation and Destination Organisation are different. Destination Charge account is the charge account for the destination organisation 
  5. Destination Variance Account: Destination Variance Account is relevant in case of Intercompany Transactions where Procuring Organisation and Destination Organisation are different. Destination Variance account is the Variance account for the destination organisation 

Components for configuring the subledger accounting options:

  1. Account Combination Rule: All segments of the relevant chart of accounts will be populated
  2. Segment Rule: Specific segment of the chart of accounts will be populated. Segment Rule is used in conjunction with an account combination rule, so that account combination rule will populate all the segments and the specific segment will be overridden by the Segment rule
  3. Mapping Set: Allow Complex account derivation rules. For example: You have a requirement from the client which states that the account combination should depend on a combination of Item Number and Inventory Organisation . For combination of Item Number: A001 and Inventory Organisation: 002, the account combination should be 101.10.15910.000 for PO Charge Account and so on. This can be addressed by using Mapping Sets

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