OPM-SLA Notes Needed

[vasharma4u@yahoo.co.in]

Hi everybody,
Can anyone share the notes on OPM-SLA(Sub-Ledger Accounting) set up steps.As i dont have any accounting knowledge, I am facing somany problems on that. If any body is having notes on that please forward it to my mail id,i.e vasharma4u@yahoo.co.in.
thanks in advance and regards,
VAS

[rrodrigo99]

Vas

We are facing a lot of issues in OPM and SLA with R12. Apparently, and we are searching, OPM setup in Vision Instances for SLA are not correct. It is using a default rule that does not apply to OPM due to MAC --> SLA change.

Any hint, comment, or finding please share with us in order to quickly get an answer. Do you have the SLA er diagramm?

Best Regards

Raul P.

[vasharma4u@yahoo.co.in]

Hi Raul,
first of all i am sorry in making delay in reply. You have to define your own accounting rules in sla i.e. account derivation rules in sla. the rules which u have are oracle owned. if u want to modify them u have to define ur own rules.i will tell u the flow.
SLA-Flow:
a)Create New Account Derivation Rules.
b)Associate these Account Derivation rules to the Oracle owned Journal Line types.these are stadard. dont do any changes.
c)Assign the combination of the above two to a user defined Journal Line definition. Copy the definition of the Oracle owned Journal Line definition to create a user defined Journal Line Definition.
d)Assign the user defined Journal Line Definition to respective event class and event type combination.
e)Assign the Event class and event types to the user defined Application accounting Definition. Copy the definition of the Oracle owned Application Accounting Definition to create a User Defined one. Click on validate button to validate.
f)Assign the User defined Application Accounting definition to the User defined Sub-ledger accounting method. Copy the definition of the oracle owned Sub-ledger accounting method to create a user defined one.

11.If you want to check accounting entries of the Transactions, please follow the below steps.
Follow the below steps in Process Mfg Financials.
a)Ensure that the Last accounting period should be closed. To do this navigate to OPM Financials > Reports > Run (Run the report GMF Period close process for Process Organizations). While running this report the Period should be preliminarily closed. To close the accounting period its previous period should be in Final closed state.
b)Run the Actual Cost Process.(OPM Financials > Actual costs > Actual cost process)
c)Preliminary cost update. (OPM Financials > Cost update)
d)Viewing the Accounting Preprocessor Results. (OPM Financials > OPM Accounting preprocessor > Actions Menu > Submit process).
e)Viewing the accounting events. (OPM Financials > Sub-Ledger accounting > Accounting events).

When we feel that everything is fine in accounting entries and costing Transactions then manually we have to close the accounting period for final purpose.

We have to follow the above steps in the same sequential manner with different options.
i.While closing the accounting period with the help of GMF Period close process for Process Organizations report, we have to select the Final close option as ‘Yes’ which is available in Report parameters.check the account opening cycle in Inventory.it will be closed finally.
ii.Run the Actual Cost Process.
iii.Final cost update. While doing the Final cost update we have to select the check box ‘Final Up date’ in the Start Cost update process window.
iv.Viewing the Accounting Preprocessor Results.
v.Next we have to create the accounting in draft mode. (OPM Financials > Reports > Standard Reports > Run > Create Accounting Report). It is a request and when we feel that there are no errors in the accounting entries and costing transactions after seeing the Request output then we have to repeat this step by choosing the create accounting mode as Final.
vi.View the accounting program events; they will be in Final Accounted state.

please follow the above procedure to run the create accounting program in normal mode. if u already got the solution forget about this issue.
please do reply. i will be waiting for ur reply.i know this much about sla.please excuse me if u have not found the proper solution.
regards,
VAS

[rrodrigo99]

Vas
We are trying to change the Oracle elements defined in SLA. Thanks a lot for all hints. I will create a document based on your tips, and if we get the correct accouting, do not dount that I´ll share w u.
Thanks again and give us a couple days...

[rrodrigo99]

VAS

We had put SLA to work with OPM!!! I had followed your notes and it worked fine. The issue is that we are in 12.0.2. I do not know if it works fine in other releases.

If you need some information, please ask or try to contact by e-mail or private discussion

Thanks a Lot and Best Regards

Raul

[vasharma4u@yahoo.co.in]

Hi Paul,
How are you? I hope u r doing well.Congrats.
I was waiting for your reply.I dont whether you got the exact results or not using SLA.You can contact with me at any point of time.Infact I want to gain some knowledge and for that i dont have any objections.

You can send a mail to vasharma4u@yahoo.co.in to contact me.

regards,
VAS.

[RAJOPM]

Hi VAS

Can you send the SLA set up document/screen shot as I am doing the cylce to know this completely.

Please share the SLA set up steps to my mail id. jraj_2007@yahoo.co.in


Thanks to Rahul and VAS
RAJOPM

[rameshbvm]

Hi

Can anyone send me the SLA setups? Iam struck in that.Please help.

Thanks in advance
Ramesh

[vasharma4u@yahoo.co.in]

VAS

We had put SLA to work with OPM!!! I had followed your notes and it worked fine. The issue is that we are in 12.0.2. I do not know if it works fine in other releases.

If you need some information, please ask or try to contact by e-mail or private discussion

Thanks a Lot and Best Regards

Raul

Hi Raul,
How are you? I hope you are busy with your work.
Could you please forward the SLA Setup document to me and I will be waiting for your reply.

Thanks and Regards,
VAS