EBS 122 Cum RCD FIN

ORACLE E-BUSINESS SUITE
RELEASE CONTENT DOCUMENT

Financials
Release 12.1 and 12.2 (inclusive of 12.0.2 12.0.7)

Prepared by EBS Product Management & Strategy

Last Updated: August 2, 2013
Version: 1.0

Copyright 2011, 2013 Oracle Corporation
All Rights Reserved

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document

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Table of Contents
1. Disclaimer 1
2. Introduction 2
2.1. Purpose of Document 2
3. New and Changed Features in Financials 3
3.1. Oracle Advanced Global Intercompany System (AGIS) 3
3.1.1. Release 12.1.2 3
3.1.1.1. Purge Rejected Intercompany Batches from Interface Table 3
3.2. Oracle E-Business Tax 3
3.2.1. Release 12.2 3
3.2.1.1. Customer Tax Information Import 3
3.2.1.2. New Condition Set Operators for Tax Rules 3
3.3. Oracle Advanced Collections 4
3.3.1. Release 12.1.1 4
3.3.1.1. Customer Dispute Enhancement 4
3.3.1.2. Customer Level Bankruptcy 4
3.3.1.3. Status Assignment at Case and Contract Level 4
3.3.2. Release 12.1.2 4
3.3.2.1. Multiple Level Collections Strategy Management 4
3.3.3. Release 12.1.3 5
3.3.3.1. Staged Dunning 5
3.4. Oracle Assets 5
3.4.1. Release 12.1.3 5
3.4.1.1. Asset Impairment for J apan Tax Reform 2007 5
3.5. Oracle Cash Management 5
3.5.1. Release 12.1.1 5
3.5.1.1. International Bank Account Number (IBAN) Support 5
3.5.1.2. Bank Identifier Code (BIC) Support 5
3.5.1.3. Payment Group based Bank Statement Reconciliation 6
3.5.2. Release 12.1.2 6
3.5.2.1. Option to Override Country-Specific Validation for Bank Accounts 6
3.5.2.2. EDIFACT Bank Statement Format Update 6
3.5.2.3. Copy Bank Transaction Codes 6
3.5.2.4. Load Bank Statements for the Current Day 7
3.5.3. Release 12.1.3 7
3.5.3.1. Manual Entry in Cash Position 7
3.6. Oracle Credit Management 7
3.6.1. Release 12.1.3 7
3.6.1.1. Configurable Analyst Assignment Rules 7
3.7. Oracle Environmental Accounting & Reporting 7
3.7.1. Release 12.2 7


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3.7.1.1. Updated Carbon Disclosure Project Report 7
3.7.1.2. Enhanced Performance Dashboards 8
3.7.1.3. Enhanced Key Performance Indicators 8
3.8. Oracle Financials Common Modules 8
3.8.1. Release 12.2 8
3.8.1.1. Scheduling of AP/AR Netting Batches 8
3.9. Oracle Financials for EMEA 9
3.9.1. Release 12.0.3 9
3.9.1.1. Assets and Payments XML Publisher Report Extracts 9
3.9.2. Release 12.0.4 9
3.9.2.1. XML Publisher Report Extracts: Cash Management, General Ledger, Subledger Accounting, Receivables,
Bill Presentment, Payables, Regional Localization, and Financial Common Modules 9
3.9.2.2. United Kingdom Charges Value Add Tax (VAT) 9
3.9.3. Release 12.1.1 9
3.9.3.1. Business Intelligence Publisher Support for Select EMEA Reports 9
3.9.3.2. Enhanced Statutory Report Extracts for Italy 10
3.10. Oracle Financials for India 10
3.10.1. Release 12.0.3 10
3.10.1.1. Statutory Updates for India 10
3.10.2. Release 12.0.4 10
3.10.2.1. Statutory Updates for India 10
3.10.3. Release 12.1.1 10
3.10.3.1. Fringe Benefit Tax Support 10
3.10.3.2. Inclusive Tax Support 11
3.10.3.3. Retroactive Pricing Support 11
3.10.3.4. Payables Invoices Support for India 11
3.10.4. Release 12.1.2 11
3.10.4.1. Advanced Pricing Support for India 11
3.10.4.2. Tax Information on Purchase Order Workflow Notification for India 11
3.10.4.3. Reassessing Service Tax on Receipt of Foreign Payments for India 11
3.10.5. Release 12.1.3 12
3.10.5.1. Descriptive Flex Field (DFF) Support 12
3.10.5.2. Display of Value Added Tax (VAT) Invoice Number in Receivables Transaction Workbench for India12
3.10.5.3. General Ledger J ournal Drill-Down Support 12
3.10.6. Release 12.2 12
3.10.6.1. Enhanced Bill of Entry Functionality 12
3.10.6.2. Tax Import to Receivables and Payables 12
3.10.7. Release 12.2.2 12
3.10.7.1. Re-architecture of TDS Changes and Code Integration Points 12
3.10.7.2. Performance Improvement for Creditors Ledger Reports 13
3.11. Oracle General Ledger 13
3.11.1. Release 12.1.1 13
3.11.1.1. Enhanced Financial Statement Generator Reporting to Display Content Set Values 13
3.11.2. Release 12.1.2 13
3.11.2.1. Enhanced Financial Statement Generator Reporting to Support Drill-down for Non-Contiguous Account
Ranges 13
3.11.2.2. Streamlined Excel-based Financial Statement Publishing 13
3.11.3. Release 12.1.3 13
3.11.3.1. Synchronize Reversing J ournals between Primary and Secondary Ledgers 13
3.11.3.2. Limit Accounts in Budget Wizard 13
3.11.4. Release 12.2 14
3.11.4.1. E-Business Suite General Ledger Integration with the Fusion Accounting Hub 14
3.11.4.2. Data Relationship Management (DRM) Integration with E-Business Suite 14
3.12. Oracle Internet Expenses 14
3.12.1. Release 12.1.2 14
3.12.1.1. Access Expense Attachments from Invoice 14


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3.12.1.2. Support Receipts Required for Mileage Category 14
3.12.1.3. Archive and Purge of Expense Reports 15
3.12.1.4. Read-Only Access to Per Diem and Mileage Details in Audit 15
3.12.1.5. AMEX Loader Option to Not Load Payment Transactions 15
3.12.2. Release 12.1.3 15
3.12.2.1. Expense Receipt Management Enhancements 15
3.12.2.2. Duplicate Expense Detection 15
3.13. Oracle iReceivables Extensions for Oracle Endeca 15
3.13.1. Release 12.1.3.4 15
3.13.1.1. iReceivables Integration with Endeca V4.0 15
3.14. Oracle iSetup 16
3.14.1. Release 12.0.3 16
3.14.1.1. iSetup APIs 16
3.15. Oracle Legal Entity Configurator 16
3.15.1. Release 12.1.3 16
3.15.1.1. Enhanced Legal Addresses 16
3.16. Oracle Loans 17
3.16.1. Release 12.1.2 17
3.16.1.1. Process Application Fees without Loan Approval 17
3.16.1.2. Ad-hoc Billing and Receipt Application 17
3.16.1.3. Loan Forgiveness 17
3.16.2. Release 12.1.3 17
3.16.2.1. Multiple Disbursements during Loan Servicing 17
3.17. Oracle Payables 18
3.17.1. Release 12.1.1 18
3.17.1.1. Enhanced Withholding Tax Calculation for Brazil 18
3.17.1.2. Discount Calculation Enhancements 18
3.17.1.3. Subcontractor Management for Engineering and Construction 18
3.17.1.4. Supplier Dispute Processing 18
3.17.1.5. Third Party Payments 18
3.17.1.6. Business Intelligence Publisher Support for Selected Payables Reports 19
3.17.2. Release 12.1.2 19
3.17.2.1. Replace Supplier Bank Accounts on Invoices 19
3.17.2.2. Change Taxes from Inclusive to Exclusive Online 19
3.18. Oracle Payments 19
3.18.1. Release 12.0.3 19
3.18.1.1. Master Card S Record Compliance 19
3.18.1.2. Visa Compliance Table / Discover Qualification Table for FDC 20
3.18.1.3. Amex CAPN Enhancement 20
3.18.1.4. FDC Servlet Load Balancing 20
3.18.2. Release 12.0.6 20
3.18.2.1. Multiple Divisions per Settlement Batch Enhancement 20
3.18.2.2. Paymentech Certification 20
3.18.2.3. Single Euro Payments Area (SEPA) Credit Transfer Initiation Messages 20
3.18.3. Release 12.1.1 21
3.18.3.1. Single Euro Payments Area (SEPA) Support 21
3.18.3.2. Paymentech Integration Certification 21
3.18.3.3. Positive Pay File with Additional Parameters 21
3.18.4. Release 12.1.2 21
3.18.4.1. PA-DSS for Credit Card Processing 21
3.18.5. Release 12.2 22
3.18.5.1. Payment Acknowledgement Import 22
3.19. Oracle Public Service Financials International 22
3.19.1. Release 12.0.3 22
3.19.1.1. Uptake of Construction Industry Scheme and Dossier Functionality 22


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3.19.2. Release 12.0.4 22
3.19.2.1. Extension of Oracle Financials Functionality 22
3.19.2.2. Inflation Account for Assets 23
3.19.3. Release 12.0.6 23
3.19.3.1. Contract Commitments Integration with Self Service Purchasing 23
3.19.4. Release 12.2 23
3.19.4.1. Construction Industry Scheme (CIS): Exclusion of Out of Scope Contract Invoices in Monthly Returns
Reporting 23
3.20. Oracle Receivables 23
3.20.1. Release 12.1.1 23
3.20.1.1. Cash Application Work Queue 23
3.20.1.2. Enhanced Line Level Cash Application 24
3.20.1.3. Enhanced Performance for High Volume Receivables Processing 24
3.20.1.4. Golden Tax Adaptor Enhancements for Mainland China 24
3.20.1.5. Business Intelligence Publisher Support for Selected Receivables Reports 25
3.20.2. Release 12.1.2 25
3.20.2.1. Default Customer Bank Account Information on Unidentified Receipts 25
3.20.2.2. Enhanced Aging Report to Support Multi-Fund Accounts Receivables 25
3.20.3. Release 12.2.2 25
3.20.3.1. Review and Manage Accounting Exceptions during Period Close 25
3.20.3.2. Automate Auto Lockbox Processing 26
3.20.3.3. Assign Customers to Unidentified Receipts using API 26
3.20.3.4. Golden Tax Adaptor Enhancement for Mainland China 26
3.21. Oracle Receivables Extensions for Oracle Endeca 26
3.21.1. Release 12.1.3.4 26
3.21.1.1. Receivables Integration with Endeca V4.0 26
3.22. Oracle Subledger Accounting 27
3.22.1. Release 12.0.3 27
3.22.1.1. Supporting References 27
3.22.2. Release 12.1.1 27
3.22.2.1. Historical Data Initialization for New Reporting Currencies and Secondary Ledgers 27
3.22.3. Release 12.1.2 27
3.22.3.1. Accounting Rules Detail Report and Enhanced Subledger Accounting Online Inquiry 27
3.22.3.2. Accounting Data On-Demand Upgrade by Subledger 28
3.22.4. Release 12.1.3 28
3.22.4.1. New Control Accounts Qualifier 28
3.23. Oracle Treasury 28
3.23.1. Release 12.1.2 28
3.23.1.1. International Bank Account Number (IBAN) Support for Counterparty Bank Accounts 28
3.23.2. Release 12.1.3 29
3.23.2.1. Reconcile Treasury Transactions of all Deal Types 29
3.24. Oracle U.S. Federal Financials 29
3.24.1. Release 12.1.2 29
3.24.1.1. Enhanced Delinquency Processing 29
3.24.2. Release 12.1.3 29
3.24.2.1. Updates to Year-End Close Processing 29
3.24.2.2. Extract File Changes for Central Contractor Registration (CCR) 29
3.24.3. Release 12.2 30
3.24.3.1. Common Government-wide Accounting Classification (CGAC) Configuration 30
3.25. Tax, Legal and Regulatory Updates 30
3.25.1. Overview 30
3.25.2. Release 12.0.3 30
3.25.2.1. China National Accounting Office (CNAO) Support 30
3.25.2.2. J apan: Depreciable Assets Tax Report 31
3.25.3. Release 12.0.4 31
3.25.3.1. United States: Form 1099 Legislative Updates 31


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3.25.4. Release 12.1.1 31
3.25.4.1. Brazil: Fiscal SPED Support for Fiscal Book Generation and Electronic Invoice Integration 31
3.25.4.2. J apan: Asset Depreciation Enhancements for J apan Tax Reform Act of 2007 32
3.25.4.3. United Kingdom: Reverse Charge VAT 33
3.25.5. Release 12.1.2 33
3.25.5.1. Argentina: Turnover Tax Withholding/Perception Regimes 33
3.25.5.2. Brazil: Federal SPED Regulation - Accounting SPED 34
3.25.5.3. China: Golden Tax Adapter Enhancements 35
3.25.5.4. Italy: Annual VAT Extract 36
3.25.5.5. Italy: Annual Withholding Extract 36
3.25.5.6. J apan: Enhanced Support for Tax Reform 2007/2008 36
3.25.5.7. Spain: VAT Legislation: Modelo 340 Informative Declaration 37
3.25.5.8. Spain: VAT Legislation: Modelo 347 Domestic Transactions Turnover Report Changes 37
3.25.5.9. Spain: VAT Legislation: Modelo 415 Canary Island Turnover Report Changes 38
3.25.5.10. Spain: Changes to Taxpayer ID Validation 38
3.25.5.11. United Kingdom: Support for Revaluations and Impairments per Statement of Recommended Practice for
United Kingdom Local Authority Accounting 38
3.25.5.12. U.S. Federal: New FACTS II Edit Checks and File Layout Changes 39
3.25.5.13. U.S. Federal: Enhanced Central Contractor Registration (CCR) Processing 39
3.25.5.14. Global: Support for Asset Impairment in Accordance with International Accounting Standard 36 39
3.25.5.15. Global: Year End Closing Process 39
3.25.6. Release 12.1.3 40
3.25.6.1. Argentina: Support for Argentina Simplified Regime (Monotributo) 40
3.25.6.2. Belgium: Annual VAT Report File Format v1.3 40
3.25.6.3. Brazil: Support for Brazilian Electronic Collection Document Process (DDA) 40
3.25.6.4. China: Support for Version 2 of the China Accounting Software Data Interface Standard 41
3.25.6.5. India: Enhanced Value Added Tax (VAT) Functionality to Support Flexible Recovery Schedule for India
41
3.25.6.6. India: Value Added Tax (VAT) Statutory Accounting and Reporting for Non-Shippable Items 41
3.25.6.7. Israel: Israel VAT Report Enhancement 41
3.25.6.8. Israel: Withholding Tax File 856 42
3.25.6.9. U.S. Federal: Extract File Changes for Central Contractor Registration (CCR) 43
3.25.6.10. U.S. Federal: Regulatory Updates to Statement of Budgetary Resources 43
3.25.6.11. U.S. Federal: Regulatory Updates to SF-133 Report 43
3.25.6.12. Global: European Community VAT Changes for 2010 43
3.25.7. Release 12.2 44
3.25.7.1. Brazil: Federal SPED Regulation Accounting SPED Updates 44
3.25.7.2. Brazil: Fiscal SPED Electronic Invoice Layout Update (Manual 4.01) 44
3.25.7.3. Brazil: Fiscal SPED Support for PIS/COFINS (EFD-Digital Fiscal Bookkeeping) 45
3.25.7.4. Israel: Combined VAT File (Ichud Oskim) 45
3.25.7.5. Israel: Withholding Tax File 856 (Legal Changes 2010) 45
3.25.7.6. Portugal: Billing Software Certification 46
3.25.7.7. Spain: VAT Legislation: Modelo 349 ESL/EPL Changes 46
3.25.7.8. United Kingdom: Local Authority Revaluation and Impairment 47
3.25.7.9. U.S. Federal: New FACTS II Edits 47
3.25.8. Release 12.2.2 48
3.25.8.1. Belgium: Belgian VAT Annual Return Report Legal Changes 2012 48
3.25.8.2. China: China Accounting Software Data Interface Banking Standard 48
3.25.8.3. India: NSDL eTDS and eTCS Returns 49
3.25.8.4. India: TCS Product Impact Support 49
3.25.8.5. India: Service Tax Reverse Charge Mechanism 49
3.25.8.6. Russia: Enable Revaluation at Year End 49
3.25.8.7. United Kingdom: Modulus Check Validations for Bank Accounts in the United Kingdom 49
4. New and Changed Features in Real Estate Management 51
4.1. Oracle Property Manager 51
4.1.1. Release 12.1.1 51
4.1.1.1. New Lease Statuses 51
4.1.1.2. Lease Extension Enhancements 51


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4.1.1.3. Tenancy Extension and Contraction 51
4.1.1.4. Assignment Occupancy Percent Determined by Attribute on Tenancy 51
4.1.1.5. Multiple Schedules for Same Schedule Day 52
4.1.1.6. Prorating the Billing/Payment Amount based on a New Start Day Field 52
4.1.1.7. Breakpoint Flexibility 52
4.1.1.8. Updating Breakpoints 52
4.1.1.9. Natural Breakpoint Enhancements 52
4.1.1.10. Early Termination of Agreement or Lease 52
4.1.1.11. Extension of Variable Rent Agreements 53
4.1.1.12. New Calculation Methods 53
4.1.1.13. New Partial Year Calculation Methods 53
4.1.1.14. Month-to-Month Roll Forward of Variable Rent Agreements 54
4.1.1.15. Enhancement to Cumulative Calculation Method 54
4.1.1.16. Allowances and Abatements 54
4.1.1.17. Carry Forward of Excess Abatement as Negative Rent 54
4.1.1.18. Constraints 54
4.1.1.19. Updating Volumes 54
4.1.1.20. Additional Frequency Attribute 54
4.1.1.21. Streamlining of Adjustments 55
4.1.1.22. Form Enhancements 55
4.1.1.23. Display of Calculation Results 55
4.1.1.24. Variable Rent Templates 55
4.1.1.25. Term Template Enhancements 55
4.1.1.26. Processing by Property 55
4.1.1.27. Improved Variable Rent Report 55
4.1.1.28. Early Termination of Rent Increase Agreements 56
4.1.1.29. Extension of Rent Increase Agreements 56
4.1.1.30. Month-to-Month Roll Forward 56
4.1.1.31. Index Multiplier 56
4.1.1.32. Proration 56
4.1.1.33. Term Length 56
4.1.1.34. Include/Exclude Option 56
4.1.1.35. Recurring Backbill Terms 56
4.1.1.36. Rent Increase Report 56
4.1.1.37. Create Operating Expense Agreement 57
4.1.1.38. Enter and Maintain Estimated Payment Terms 57
4.1.1.39. Reconciliation 57
4.1.1.40. Operating Expense Agreement Dashboard 58
4.1.2. Release 12.2 59
4.1.2.1. Lease and Terms APIs 59
4.1.2.2. Business Event Workflow and Status Update 59
4.1.2.3. Variable Rent and Breakpoint APIs 59
4.1.2.4. Override Variable Rent Calculations Client Extensions 59
4.1.2.5. Index Rent APIs 59

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Purpose of Document 1

1. Disclaimer
This Release Content Document (RCD) describes product features that are proposed for
the specified releases of the Oracle E-Business Suite. This document describes new or
changed functionality only. Existing functionality from prior releases is not described. It
is intended solely to help you assess the business benefits of upgrading to the specified
release of the Oracle E-Business Suite.
This document in any form, software or printed matter, contains proprietary information
that is the exclusive property of Oracle. Your access to and use of this confidential
material is subject to the terms and conditions of your Oracle Software License and
Service Agreement, which has been executed and with which you agree to comply. This
document and information contained herein may not be disclosed, copied, reproduced or
distributed to anyone outside Oracle without prior written consent of Oracle. This
document is not part of your license agreement nor can it be incorporated into any
contractual agreement with Oracle or its subsidiaries or affiliates.
This document is for informational purposes only and is intended solely to assist you in
planning for the implementation and upgrade of the product features described. It is not
a commitment to deliver any material, code, or functionality, and should not be relied
upon in making purchasing decisions. The development, release, and timing of any
features or functionality described in this document remains at the sole discretion of
Oracle.
Due to the nature of the product architecture, it may not be possible to safely include all
features described in this document without risking significant destabilization of the
code.

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Purpose of Document 2

2. Introduction
2.1. Purpose of Document
This Release Content Document (RCD) describes features and enhancements proposed
for the specified release of Oracle E-Business Suite Financials. This document describes
new or changed functionality between E-Business Suite Release 12 and 12.2. It is
intended solely to help you assess the business benefits and value of upgrading to the
specified release of the Oracle E-Business Suite.
The new features and enhancements included in this document are grouped by product,
and then by the release in which they first became available. In a few cases, a feature is
released in an off-cycle patch and is designated as such for example, a feature released
after Release 12.1.1, but before Release 12.1.2, is designated as Release 12.1.1+.

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle Advanced Global Intercompany System(AGIS) 3

3. New and Changed Features in Financials

3.1. Oracle Advanced Global Intercompany System (AGIS)
3.1.1. Release 12.1.2
3.1.1.1. Purge Rejected Intercompany Batches from Interface Table
Oracle AGIS introduces a new Purge Rejected Intercompany Transactions Program to
purge rejected intercompany transaction batches from intercompany interface tables.
Oracle AGIS validates intercompany transaction batches imported from external source
applications. Batches that pass validation become intercompany transactions in AGIS.
Batches that fail validation are retained in the intercompany interface table with a
Rejected status. These rejected intercompany transactions occupy space in the database
and can lead to detrimental impact on system performance. Users can use the new
concurrent program to preview and purge the rejected intercompany transactions.
3.2. Oracle E-Business Tax
3.2.1. Release 12.2
3.2.1.1. Customer Tax Information Import
Users can now utilize the Customer Interface program to import the following tax
information:
Party Tax Profile
Tax Registrations
Exemptions
Reporting Code Association.
3.2.1.2. New Condition Set Operators for Tax Rules
Users now have the ability to define rules to calculate taxes using null transaction
attributes. Two new operators, Null and Not Null are available to specify whether a
transaction attribute is allowed to be null during tax calculations.

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle Advanced Collections 4

3.3. Oracle Advanced Collections
3.3.1. Release 12.1.1
3.3.1.1. Customer Dispute Enhancement
Collectors require the ability to record comments while researching transactions and
interacting with customers during the dispute process. A new Internal Comment field is
available on all screens used to submit and manage disputes. This field streamlines the
dispute submission and approval process by allowing collectors to enter and share
comments to internal users such as receivables specialists.
3.3.1.2. Customer Level Bankruptcy
During various stages of a customers bankruptcy process their outstanding business
transactions require specialized handling. In prior releases of Advance Collections,
individual transactions had to be marked with a Bankruptcy status. Collections agents
can now assign Bankruptcy status at the customer level, ensuring that all transactions in
all accounts and bill to sites are status and managed uniformly.
This feature has also been back-ported to 12.0 via the standalone patch:
8522751:R12.IEX.A.
3.3.1.3. Status Assignment at Case and Contract Level
Collectors can now better manage their leasing delinquencies by assigning delinquency
levels including the lease contract, the lease case, or specific transactions.
3.3.2. Release 12.1.2
3.3.2.1. Multiple Level Collections Strategy Management
In prior releases, collections strategies could only be executed at one business (party,
account, bill to site) at a time. Enterprises require the ability to execute strategies
simultaneously at different levels for different customers and operating units, for
example, in one region - at Bill to level, in another region at Account level. This new
feature allows managers to setup and execute strategies at multiple collection business
levels while allowing collections agents to change specific customer strategies to
different business levels as required.

Collections managers are now able to plan and manage collections strategies that support
their unique business requirements where strategies must be executed at different
operating units, groups of customers or specific customers. Collections agents can view
strategies at different levels on their work queue and on the strategy tab. Delinquent
customers are managed at the business level most appropriate to their business model.
Additionally, background processes including collections and strategy management can
now be executed at different levels concurrently.

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle Assets 5

3.3.3. Release 12.1.3
3.3.3.1. Staged Dunning
In addition to the Aged Dunning method that is based on a customers oldest aged
invoice, Collections organizations may now use Staged Dunning method. The Staged
Dunning method ensures the dunning notices set to a customer automatically
incremented based on the collection score and pre-defined number of days between
letters being sent.
3.4. Oracle Assets
3.4.1. Release 12.1.3
3.4.1.1. Asset Impairment for Japan Tax Reform 2007
As defined by previous regulatory initiatives in J apan and the J apan Tax Reform of 2007,
the impairment functionality in Oracle Assets has been extended to perform and account
for asset impairments in compliance with J apanese accounting regulations. Impairment
losses can now be derived and recorded for J apan-specific depreciation methods.
The following impairment feature functionality is now available for J apan depreciation
methods.
J apan specific impairment loss calculations
Assignment and impairment of assets within Cash Generating Units
Impairment of fully reserve and non-depreciating assets
Impairment of assets exceeding depreciation limits

3.5. Oracle Cash Management
3.5.1. Release 12.1.1
3.5.1.1. International Bank Account Number (IBAN) Support
International Bank Account Number (IBAN) is an international standard for identifying
bank accounts across national borders in a way that would minimize the risk of
propagating transaction errors. Cash Management now validates IBAN at the time of
recording bank account details. This validation is based on standard Modulo-97 checks.
This feature has also been back-ported to 12.0.6 via the standalone patch:
7552541:R12.IBY.A.
3.5.1.2. Bank Identifier Code (BIC) Support
Bank Identifier Code (BIC) is a unique identification for bank branches. This code can
be 8 or 11 characters in length. Cash Management now validates the length of BIC when
recording bank branch details.

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle Cash Management 6

7552541:R12.IBY.A.
3.5.1.3. Payment Group based Bank Statement Reconciliation
Oracle Cash Management now utilizes the new Payment Group Number attribute as an
optional matching criterion for manual and automated reconciliation of bank statements.
7552541:R12.IBY.A.
3.5.2. Release 12.1.2
3.5.2.1. Option to Override Country-Specific Validation for Bank Accounts
Sometimes legacy bank account numbers do not conform to modern country-specific
validation rules. Users can now disable the default country-specific bank validations to
migrate legacy bank account information.
This feature has also been back-ported to following releases:

Release Patch Number
12.0.4 7582842:R12.CE.A
12.1.1 8871846:R12.CE.B
3.5.2.2. EDIFACT Bank Statement Format Update
The bank statement loader program supports EDIFACT statements. With this release,
the following additional data processing features are addressed:
Support for non-numeric characters in bank balances. The opening and closing
balance amounts sent in the EDIFACT statements contain non-numeric
characters. The bank statement loader and import program is enhanced to
convert the non-numeric characters into numeric values.
Support loading and importing the Record 05. The current seeded loader is
enhanced to handle the record type 05. This additional record is defined as part
of the EDIFACT standard and contains the contextual information of Record 04.
This feature been back-ported to following releases:
12.0.4 8874185:R12.CE.A
12.1.1 8942035:R12.CE.B

3.5.2.3. Copy Bank Transaction Codes
Bank transaction codes are used by banks to identify the types of transactions on bank
statements. The codes are set up for each bank account for reconciliation purposes. For
organizations having several bank accounts, it can be a cumbersome process to manually
setup these transaction codes since most bank accounts for a specific bank use the same
transaction codes.
A new concurrent program has been provided to copy the bank transaction codes from
one bank account to another bank account(s).

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3.5.2.4. Load Bank Statements for the Current Day
In previous releases, users could only import bank statements and perform bank balance
maintenance for past dates. Users can now enter or import bank statements and perform
bank balance maintenance for the current date.
12.0.6 8965556:R12.CE.A
12.1.1 9090829:R12.CE.B

3.5.3. Release 12.1.3
3.5.3.1. Manual Entry in Cash Position
The cash position functionality has been enhanced to allow cash managers the ability to
manually enter cash flows into their cash positions allowing for greater flexibility in their
decision making process.
12.0.6 9059098:R12.CE.A
12.1.1 9059098:R12.CE.B

3.6. Oracle Credit Management
3.6.1. Release 12.1.3
3.6.1.1. Configurable Analyst Assignment Rules
In addition to the seeded assignment rules, Oracle Credit Management can now assign
credit analyst to case folders based on user-defined assignment rules and parameters.
This offers greater flexibility in addressing customer specific work load management
needs.

3.7. Oracle Environmental Accounting & Reporting
3.7.1. Release 12.2
3.7.1.1. Updated Carbon Disclosure Project Report
One of the pre-built OBIEE reporting and analytics dashboards supported in EA&R
covers the quantitative responses to the Carbon Disclosure Project (CDP). The Carbon
Disclosure Project report has been enhanced to support additional questions under the
2011 guidelines. The dashboard can now display: emissions in metric tons, emission
factors applied for GHG calculations and their origin; breakdown of Scope 1 and Scope

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2 emissions by activity; amount of fuel, electricity, heat, steam, and cooling in MWh
consumed by an organization during the reporting year; breakdown of fuel usage by fuel
type; year by year comparison of combined Scope 1 and Scope 2 emissions; year by year
comparison of Scope 3 emissions by source; and gross combined Scope 1 and 2
emissions for the reporting year in metric tons CO2e per full time equivalent (FTE)
employee.
3.7.1.2. Enhanced Performance Dashboards
Pre-built Oracle Business Intelligence Enterprise Edition (OBIEE) dashboards enable the
dynamic generation of reports providing insight into an organizations emissions and
other environmental impacts. The dashboards provide information on energy usage,
emissions, key performance indicators (KPIs), activities and transactions. Users can view
graphical representations of the data; drill down into output of past, current, and
projected data; analyze historical trends; define variance thresholds and receive alerts;
and publish and distribute reports in multiple formats. In this release additional pre-built
reports have been added including the Scope 3 Emissions and Emissions by Organization
Level dashboards.
3.7.1.3. Enhanced Key Performance Indicators
Oracle Environmental Accounting and Reporting enables organizations to create and
modify standard and custom industry-specific key performance indicators (KPIs) to
measure performance and monitor key environmental metrics such as energy, waste, and
water. Users can normalize data to operational metrics and use a drag-and-drop
environment in OBIEE to create custom reports. In the 12.2 release it is now possible to
set a threshold in the KPI Metrics history page highlighting to users whether the
organization is performing above, below or in-line with the targets so that corrective
actions can be taken as needed to successfully execute on the organizations
sustainability initiatives.

3.8. Oracle Financials Common Modules
3.8.1. Release 12.2
3.8.1.1. Scheduling of AP/AR Netting Batches
Users can now schedule the AP/AR Netting program to process transactions at
regular intervals. This allows automatic creation and settlement of netting batches
containing payables and receivables transactions.

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3.9. Oracle Financials for EMEA
3.9.1. Release 12.0.3
3.9.1.1. Assets and Payments XML Publisher Report Extracts
Standard XML product extracts for Assets and Payments are now available to European
users to create standard and custom templates for statutory reports.
3.9.2. Release 12.0.4
3.9.2.1. XML Publisher Report Extracts: Cash Management, General Ledger, Subledger
Accounting, Receivables, Bill Presentment, Payables, Regional Localization, and
Financial Common Modules
Standard XML Publisher Report extracts for key operational and statutory reports are
now available to European users for Cash Management, General Ledger, Subledger
Accounting, Receivables, Bill Presentment, Payables, Regional Localizations and
Financial Common Modules.
3.9.2.2. United Kingdom Charges Value Add Tax (VAT)
United Kingdom users are now able to identifying reverse charge VAT transactions and
ensure the appropriate tax rules are applied. Sales Invoices containing reverse charge
VAT transactions are printed with a reverse charge message. Additionally, a new United
Kingdom Reversed Charges VAT report is available.
3.9.3. Release 12.1.1
3.9.3.1. Business Intelligence Publisher Support for Select EMEA Reports
The following Oracle Financials for EMEA reports have been re-written utilizing the
Business Intelligence Publisher (BIP) tool. BIP based reports offer greater flexibility to
end users in changing report layouts and formats.
Payables Turnover Report
Supplier Statements
Receivables Aggregate VAT Statement
Customer Statements
Regional Cash Desk Report
Account Analysis Report
Account Analysis Detailed Reporting

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3.9.3.2. Enhanced Statutory Report Extracts for Italy
Article 37 of Italian Legislative Decree No. 223/2006 introduced a new fiscal
requirement whereby all legal organizations must provide customer and supplier listings
in electronic format to the Italian fiscal authorities on a yearly basis.
The Italian supplier and customer listing reports available in prior releases are now
replaced with new Italian Customer and Supplier Listing data extracts.

3.10. Oracle Financials for India
3.10.1. Release 12.0.3
3.10.1.1. Statutory Updates for India
Oracle Financials for India now provides the following to meet legal and statutory
requirements for India:
Tax Collected at Source tax type
Additional Tax Precedence capabilities
Ability to change taxes on receipts
Additional CVD tax types
Ability to record Secondary and Higher Education Cess on tax types
Ability to track and report Service Tax by Inventory Organization and Service
Type.
3.10.2. Release 12.0.4
3.10.2.1. Statutory Updates for India
Oracle Financials for India now provides the following to meet legal and statutory
requirements for India:
Tax support for inter-organization inventory transfers
Tax support in the following applications: iSupplier, iProcurement, Projects,
Costing and Billing
Encumbrance accounting with taxes.
3.10.3. Release 12.1.1
3.10.3.1. Fringe Benefit Tax Support
Fringe Benefit Tax (FBT) was introduced in India as part of Budget 2005-2006, to tax
specific employee expenses not treated as individual income.
Oracle Financials for India enables computation, payment, tracking, and statutory
reporting of Fringe Benefit Taxes on non-payroll expenses.


3.10.3.2. Inclusive Tax Support
Oracle Financials for India now supports the setup, calculation, accounting and reporting
of inclusive taxes for payables and receivable transactions.
3.10.3.3. Retroactive Pricing Support
In order to accurately reflect payable obligations, it is necessary to propagate retroactive
price modifications on blanket agreements to downstream documents such as releases
and standard purchasing orders.
The retroactive pricing process is modified to recalculate India taxes on transactions
such as receipts, accruals, credit memos, and price correction invoices. A new user
interface enables users to claim credit for increases in recoverable taxes.
3.10.3.4. Payables Invoices Support for India
Oracle Financials for India now supports tax calculation for unmatched payables
invoices. A new window is available to manage India taxes on unmatched invoices.
3.10.4. Release 12.1.2
3.10.4.1. Advanced Pricing Support for India
Oracle Financials for India now allows users to calculate excise and VAT assessable
values based on the advanced price list. The advanced price list is based on the item
category. Users can associate a price list with an item category to determine assessable
values for all items classified under that category.
3.10.4.2. Tax Information on Purchase Order Workflow Notification for India
Oracle Financials for India now enables reporting and display of India taxes on
purchasing approval workflow notifications. India taxes are included in the following:

Purchase order, requisitions, and releases workflow notifications
Total amount reported on workflow notifications
Approval limit in the workflow hierarchy
Change order workflow
Additionally, users can modify the tax amount, precedence, vendor, and vendor site
information at the time of approval.
3.10.4.3. Reassessing Service Tax on Receipt of Foreign Payments for India
Oracle Financial for India enables users to comply with statutory requirements by
allowing users to recalculate the service tax on receipt of foreign currency payments
based on the applicable exchange rate on the receipt date.


3.10.5. Release 12.1.3
3.10.5.1. Descriptive Flex Field (DFF) Support
Users can now capture customer specific data using descriptive flex fields within Oracle
Financials for India (OFI) forms. The data captured is stored and available within the
OFI specific tables.
3.10.5.2. Display of Value Added Tax (VAT) Invoice Number in Receivables Transaction
Workbench for India
The VAT Invoice number is now displayed within the reference field of Receivables
Transaction Workbench. This simplifies the process of matching receipt of payments
against a VAT invoice.
3.10.5.3. General Ledger Journal Drill-Down Support
Users can now drill down from General Ledger to transactions for the accounting entries
generated by Oracle Financials for India.

3.10.6. Release 12.2
3.10.6.1. Enhanced Bill of Entry Functionality
The Bill of Entry functionality has been enhanced to allow users to:
Create bill of entry records referencing documents such as Purchase Orders,
Releases, and Advanced Shipping Billing Notices
Account for custom duty taxes at the tax type level
Assign taxable basis based on landed cost or assessable value
Calculate taxable basis using exchange rates specified by customs.
3.10.6.2. Tax Import to Receivables and Payables
Users now have the ability to import legacy application computed taxes or use Oracle
Financials for India to calculate taxes for receivables and payables transactions on
import.
3.10.7. Release 12.2.2
3.10.7.1. Re-architecture of TDS Changes and Code Integration Points
Oracle Financials for India Tax Deducted at Source (TDS) feature is enhanced to support
advanced tax determination features, navigation and usability improvements for tax
integration with Payables invoices and centralized tax repository which enables powerful
reporting capabilities.
The tax invoice generation on Shipment feature is seamlessly integrated with Shipment
event.

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3.10.7.2. Performance Improvement for Creditors Ledger Reports
Oracle Financial for India Creditors Ledger and India Creditors Trial Balance
reports, report architecture has been modified for improved performance.
3.11. Oracle General Ledger
3.11.1. Release 12.1.1
3.11.1.1. Enhanced Financial Statement Generator Reporting to Display Content Set
Values
Users can now publish a Financial Statement Generator (FSG) report with a content set.
When the Page Expand option is selected, each value in the content set becomes visible
as an individual tab in the Microsoft Excel workbook.
3.11.2. Release 12.1.2
3.11.2.1. Enhanced Financial Statement Generator Reporting to Support Drill-down for
Non-Contiguous Account Ranges
General Ledger provides a streamlined drill path from the monetary amounts in financial
statements to the underlying detail balances. After running a FSG report, users can drill
from any summarized financial balance in the report directly to the detail account
balances that comprise the summary amount, even if the summary amount represents
multiple non-contiguous account ranges.
This process allows users to perform the drill down efficiently in one step and eliminates
the need to perform multiple searches by selecting one account range at a time. It also
improves usability by enabling the user to see all the information on a single page.
3.11.2.2. Streamlined Excel-based Financial Statement Publishing
Users can now publish FSG reports natively as Excel files. Users can create presentation
templates using Excel, and then run reports using BI Publishers Excel publishing
capabilities to generate an Excel file that opens directly in Excel. Users can then drill to
the underlying details, leveraging General Ledgers Account Analysis and Drilldown
capability.

3.11.3. Release 12.1.3
3.11.3.1. Synchronize Reversing Journals between Primary and Secondary Ledgers
Oracle General Ledger now streamlines the propagation of journal reversals from the
primary ledger to the associated secondary ledgers. The manual reversal of primary
ledger journal entries now automatically reverses the corresponding journal entries in the
secondary ledger.
3.11.3.2. Limit Accounts in Budget Wizard
In prior releases, users could only use specific account code combinations ranges in the
Oracle General Ledger Budget Wizard to limit accounts for the budget entry process.

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The Budget Wizard now allows users to use low and high values for one or more
segments in the account range.
3.11.4. Release 12.2
3.11.4.1. E-Business Suite General Ledger Integration with the Fusion Accounting Hub
E-Business Suite (EBS) General Ledger integration with the Fusion Accounting Hub
allows users to take advantage of new Fusion General Ledger capabilities, such as
embedded Essbase integration with real-time analytics.
Using the Fusion General Ledger for financial reporting has several advantages:
Generate boardroom ready financial statements
Analyze variances with exception-based online account monitoring
Online slice-and-dice account analysis.
This integration includes a program that creates and transfers Fusion journals to record
EBS period balances, and the ability to drill-down from Fusion to EBS. When balances
are transferred, it is possible to apply mappings to update EBS General Ledger period
and/or the account values.
3.11.4.2. Data Relationship Management (DRM) Integration with E-Business Suite
The Data Relationship Management (DRM) Integration with E-Business Suite
synchronizes each E-Business Suite instance with Hyperion DRM. Hyperion DRM's
master data management solution can store chart of accounts values and child-parent
relationships in a single application, regardless of the number of E-Business Suite
instances or other general ledger applications used.

3.12. Oracle Internet Expenses
3.12.1. Release 12.1.2
3.12.1.1. Access Expense Attachments from Invoice
The Expense Report Export program has been enhanced to provide the option Transfer
Attachments to transfer attachments from an expense report to an invoice. This option
enables the payables person to access the attachment from Invoice without having to use
Internet Expenses responsibilities and efficiently execute audits.
3.12.1.2. Support Receipts Required for Mileage Category
United Kingdom HM Revenue & Customs department requires employees to submit
invoices/tax receipts to employers for any mileage related claims so that the employers
can recover VAT on fuel purchased by employees used for business purposes.
The Receipts Required feature has been enhanced to provide support for expense types
associated with the Mileage expense category.

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3.12.1.3. Archive and Purge of Expense Reports
This new program enables administrators to archive and purge expense reports related
data that is no longer needed.
3.12.1.4. Read-Only Access to Per Diem and Mileage Details in Audit
The Audit Expense Report page has been enhanced to allow auditors to view Per Diem
& Mileage category expense details.
3.12.1.5. AMEX Loader Option to Not Load Payment Transactions
The American Express Transaction Loader and Validation program has been enhanced to
optionally load payment transactions.
3.12.2. Release 12.1.3
3.12.2.1. Expense Receipt Management Enhancements
Oracle Internet Expenses has been enhanced to provide users the ability to define rules to
accept, track and route imaged receipts to the appropriate auditor work queue.
Faxed receipts and/or emailed scanned receipts can now be associated with expense
reports as receipt images.
User defined rules can be setup to enforce receipt submission and reimbursement
thresholds in addition to highlight missing receipts for expense lines.
3.12.2.2. Duplicate Expense Detection
Duplicate Expense Detection Rules are now available to detect duplicate expense claims
aiding customers in decreasing administration costs by ensuring only reimbursement of
valid expense claims.

3.13. Oracle iReceivables Extensions for Oracle Endeca
3.13.1. Release 12.1.3.4
3.13.1.1. iReceivables Integration with Endeca V4.0
An organization's customers can now take advantage of the powerful search and
sophisticated guided navigation capabilities offered via Endeca integration. Receivables
and Collections Departments efficiency can be increased by reducing volume and cost
of collections-related activities as a result of empowering customers to review and
reconcile their own accounts.
The Externally-oriented Outstanding Receivables Overview Endeca page enables
customers to easily identify outstanding transactions, avoid late charges, and take
advantage of discounts. Customers can leverage immediately actionable information and
take appropriate actions in a timely manner, thereby improving enterprise bottom
line. Customers can also review the status of disputes, identify problematic transactions,
and initiate a dispute directly, leading to enhanced efficiency.

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle iSetup 16

3.14. Oracle iSetup
3.14.1. Release 12.0.3
3.14.1.1. iSetup APIs
Setup APIs are now available for the following products:
General Ledger
Accounts Payable
Accounts Receivable
Assets
Cash Management
Credit Management
E-Business Tax
Legal Entity
Public Sector Financials
Payments
Web Expense.

3.15. Oracle Legal Entity Configurator
3.15.1. Release 12.1.3
3.15.1.1. Enhanced Legal Addresses
In prior releases, when defining the address for a new legal entity, users could only select
from existing locations identified as legal addresses. Users can now select any existing
location as an address for a legal entity.
This feature has also been back-ported to following releases:
12.0.6 6116752:R12.XLE.A
12.1.1 6116752:R12.XLE.B

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle Loans 17

3.16. Oracle Loans
3.16.1. Release 12.1.2
3.16.1.1. Process Application Fees without Loan Approval
Loan application fee is a fee charged to process an application for a loan, such as a home
mortgage from a lender or mortgage broker. Loan application fees are charged to cover
some of the costs involved in processing the application including credit checks, property
appraisals and basic administrative costs. Such fees are often non-refundable regardless
of the outcome of the application review and are charged upfront.
Previously, in order for any loan fee to be processed, the loan application had to be
approved. This new feature allows processing and accounting for loan fees before the
loan gets approved or rejected.
The fees now can be charged manually on an ad hoc basis or automatically based on a
certain event in the loan application lifecycle (loan origination, loan activation, loan
submission for approval).
3.16.1.2. Ad-hoc Billing and Receipt Application
Borrowers receive their loan repayment bills when an automated process determines that
the next installment is due. This new feature allows users to manually select the next
installment and create a customer bill on an ad hoc basis. Users now also have an option
to create a loan without a schedule of installments and bill customers manually on an ad
hoc basis.
In addition, the process of applying customer payments to loans has been streamlined by
providing users an option to perform receipt application within the loan transaction
context, without the need to switch to Receivables.
A new system profile option (LNS: Allow to Bill and Apply from UI) has been
introduced to control users access to this feature.
3.16.1.3. Loan Forgiveness
The Loan Forgiveness feature allows users to create and manage loan forgiveness option
loan programs. By populating a Receivables Activity in the new system option Loan
Forgiveness Adjustment: Activity Name, loan forgiveness is enabled or disabled for the
loan products within the organization.
Loan forgiveness is applied at the individual loan level as a percentage of the loan
installment amount and can be modified throughout the loans duration. Loan
forgiveness details are visible for each individual loan via the Servicing Center:
Overview: Summary window. During billing, the forgiven amount is displayed and
accounted for as an adjustment on the customer invoice.
3.16.2. Release 12.1.3
3.16.2.1. Multiple Disbursements during Loan Servicing
In prior releases, direct loans could only be adjusted using multiple disbursements with
disbursement amount, percentage and a specific target date freeze before the approval,
activation or funding of the loan. Now, loan managers can perform adjustments to the

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle Payables 18

loan amount in active and multiple disbursements of the loan after the loan is activated,
funded or in the servicing stage.
Additionally, for Extended Repayment Schedule (ERS) loans, loan managers can now
add and convert additional receivables transactions to existing loans in the servicing
stage. Managers can also modify the outstanding amount of receivables or adjust the
receivables amount based on the payment terms.
3.17. Oracle Payables
3.17.1. Release 12.1.1
3.17.1.1. Enhanced Withholding Tax Calculation for Brazil
Brazilian tax regulations require withholding taxes to be deducted at multiple business
event points such as recording and payment of invoices.
In prior releases, withholding tax was deducted either during validation or payment of
invoices. Oracle Payables has been enhanced to allow application of withholding taxes
both during invoice validation and payment.
3.17.1.2. Discount Calculation Enhancements
Suppliers offer discounts for early payment. Early payment discounts can be fixed
monetary amounts or calculated on a percentage basis.
In prior releases, discounts could be defined in percentage terms only. Oracle Payables
now allows discounts to be specified in monetary amounts. When a percentage as well
as an amount is available, the higher or lower of the two can be specified for application.
3.17.1.3. Subcontractor Management for Engineering and Construction
Oracle Payables has been enhanced to automatically apply holds on supplier invoices
when the Pay When Paid or the PO Deliverable Control option is enabled on purchase
orders. During invoice validation, such holds are automatically released provided
authorizations have been recorded within Oracle Project Accounting or Oracle
Purchasing.
3.17.1.4. Supplier Dispute Processing
Supplier invoices may be short paid to expedite dispute settlements. The Payables
Invoice Workbench has been enhanced to capture the invoice amount originally claimed
by the supplier and the reason for short payment.
3.17.1.5. Third Party Payments
Suppliers can specify a related trading partner to be paid on their behalf. The payments
made on behalf of suppliers to other trading partners are termed as third party payments.
Oracle Payables has been enhanced to record third party relationships and to process
third party payments. Withholding and 1099 processing continue to occur for invoicing
suppliers.

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3.17.1.6. Business Intelligence Publisher Support for Selected Payables Reports
The following Oracle Payables reports have been re-written utilizing the Business
Intelligence Publisher (BIP) tool. BIP based reports offer greater flexibility to end users
in changing report layouts and formats:
Withholding Tax by Invoice Report
Bills Payable Maturity Date Report
Discounts Available Report
Payment Audit by Voucher Number
Prepayments Status Report
3.17.2. Release 12.1.2
3.17.2.1. Replace Supplier Bank Accounts on Invoices
In todays business environment, it is a common practice to change bank accounts. If
suppliers change their bank accounts, Oracle Payables can now automatically update all
unpaid and partially paid invoices with the new bank account information. When users
end date an existing supplier bank account and provide a new active bank account,
Oracle Payables will automatically update the remit-to bank account information on
unpaid and partially paid invoices. This streamlines transaction processing and prevents
the need to update each invoice manually.
This feature has been back-ported to 12.1.1 via the standalone patches:
6867725:R12.AP.B and 6615694:R12.IBY.B.
3.17.2.2. Change Taxes from Inclusive to Exclusive Online
The tax regulations in many countries require that certain types of taxes on invoices be
applied as inclusive or exclusive to the price of the good or service. This is common in
countries that report VAT, such as in the United Kingdom, where the VAT tax can be
treated as inclusive or exclusive depending on the type or price of the good or service.

Oracle Payables provides the flexibility to override the inclusive or exclusive nature of
taxes that default from the eBTax setup. While entering an invoice, users can change
taxes from inclusive to exclusive or vice versa to match the tax shown on the physical
invoice. This ensures more accurate invoice entry and tax reporting.

3.18. Oracle Payments
3.18.1. Release 12.0.3
3.18.1.1. Master Card S Record Compliance
The S record is the code returned by Master card in response to a card security
verification request. Master card now also requires the S record for the settlement


processing requests sent by Direct Marketing companies. The Payments application now
includes this card security verification code when transmitting the settlement file.
3.18.1.2. Visa Compliance Table / Discover Qualification Table for FDC
As part of an initiative to increase security for Discoverer Credit Card transactions, new
data elements have been introduced to the Discoverer authorization file (Discoverer
Qualification Data). Oracle Payments is now able to accept and store the additional
data elements from the authorization file into the database. The additional data elements
have been incorporated into the actual settlement file transmitted to the payment
processor.
3.18.1.3. Amex CAPN Enhancement
Amex CAPN is a new initiative to increase security for the American Express Credit
card transactions. Now when customers pay using an Amex credit card, two new data
elements are return with the authorization response; Transaction ID and POS. Oracle
Payments is now able to accept, and store the new data elements so that the additional
data can be included in the settlement of the payment to Amex.
3.18.1.4. FDC Servlet Load Balancing
FDC North is a processor model payment system and is integrated with iPayments for
credit / purchase card processing on the funds capture side. Under the 11i/FP.G and R12
versions, the FDC North servlet could not be load balanced due to the use of a text file
(BatchGenMap.txt) for processing purposes and the inability for a text file to be shared
concurrently by two processes due to the risk of overwriting data. In this release, the
data required to process FDC batch queries can now be derived from the Payments data
model eliminating the use of the BatchGenMap text file. As a result, load balancing of
the FDC North servlet is now possible.
3.18.2. Release 12.0.6
3.18.2.1. Multiple Divisions per Settlement Batch Enhancement
Before 12.0.6, for large customers with multiple internal divisions, the number of files
generated during the settlement batch process in Oracle Payments may well exceeded the
daily limit set my third party payment processors. In this version, the payment system
accounts with the same set of transmission configurations are grouped in to a single
settlement batch reducing the number of settlement batch files generated and risk of
exceeding the daily limit.
3.18.2.2. Paymentech Certification
Oracle Payments is now certified with Paymentech for payment transmissions.
3.18.2.3. Single Euro Payments Area (SEPA) Credit Transfer Initiation Messages
SEPA Credit Transfer is a payment instrument for the execution of credit transfers in
Euros between customer accounts located in SEPA. This feature creates SEPA Credit
Transfer initiation messages for payments per ISO and SEPA implementation guidelines.


3.18.3. Release 12.1.1
3.18.3.1. Single Euro Payments Area (SEPA) Support
The Single Euro Payments Area (SEPA) guidelines require that credit transfers be
executed using standard SEPA Credit Transfer initiation messages. These are XML
messages generated as per the ISO 20022 framework and conforming to SEPA credit
transfer schemes negotiated with banks.
Oracle Payments has been enhanced to support SEPA Credit Transfers. Messages are
initiated and formatted utilizing the existing disbursement framework.
7552541.R12:IBY.A.
3.18.3.2. Paymentech Integration Certification
Paymentech is a leading Back End Processor (BEP) in providing financial settlement
services. Oracle Payments is certified with Paymentech for seamless transmission of
credit card, debit card and direct debit transactions.
6975269:R12.IBY.A.
3.18.3.3. Positive Pay File with Additional Parameters
The Positive Pay File report details payments made to specific trading partners. A new
Positive Pay File with Additional Parameters report has been introduced to include
previous payments and, optionally, voided check information.
6939650:R12.IBY.A.
3.18.4. Release 12.1.2
3.18.4.1. PA-DSS for Credit Card Processing
To ensure all payment type applications that interact with payment cards meet consistent
security standards, the Payment Card Industry (PCI) Security Standards Council
encourages and in some cases mandates that merchants use only PA-DSS (Payment
Application Data Security Standards) certified payment application software.
Certification applies to software applications that store, process, or transmit payment
cardholder data as part of an authorization or settlement process. This certification
reassures users that Oracle Payments is properly handling and securing sensitive
payment card information. Certification includes proper adherence with industry
accepted data storage guidelines, encryption algorithms, secured coding practices, and
secured transmission standards.
Oracle Payments customers benefit from the ongoing enhancements made to conform to
PA-DSS requirements. These PA-DSS enhancements are also available as standalone
patches to customers on Release 12.0 and 12.1.1.

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3.18.5. Release 12.2
3.18.5.1. Payment Acknowledgement Import
Oracle Payments now has the ability to import payment acknowledgement reports
containing payment status for bank received payment files.
Users can:
Map bank acknowledgment codes with the system defined acknowledgment
codes
Import acknowledgment data
Import multiple acknowledgments per payment
Review acknowledgment details including bank reported errors and status.
3.19. Oracle Public Service Financials International
3.19.1. Release 12.0.3
3.19.1.1. Uptake of Construction Industry Scheme and Dossier Functionality
Oracle Public Sector Financials International Dossier and Construction Industry Scheme
functionality is now available in Release 12.
Dossier users can now define and execute Dossier processes for multiple ledgers
from a single user responsibility, and utilize data access sets to define the level
of data within ledgers that a user can view and/or modify.
Construction Industry Scheme (CIS) users operating in a shared service
organization can now more efficiently generate and submit monthly returns for
subcontractors for multiple operating units without switching between user
responsibilities.
3.19.2. Release 12.0.4
3.19.2.1. Extension of Oracle Financials Functionality
Oracle Public Sector Financials International now provides for following features:
Multi-Org Access Control
Centralized and Configurable Accounting
Integrated Budgetary Control
TCA Integration.
The following 11i Features have been replaced by standard Oracle functionality:
Accounts Receivable Combined Basis Accounting
Cash and Accrual Support

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle Receivables 23

Enhanced Funds Checker
Gross Based VAT
Multi-Period Posting
Single Third Party
Dunning.
3.19.2.2. Inflation Account for Assets
Modified Historic Accounting (MHCA) is obsolete in R12 and has been replaced by
Inflation Accounting for Assets (IAC).
3.19.3. Release 12.0.6
3.19.3.1. Contract Commitments Integration with Self Service Purchasing
Contract Commitment with Dual Budgetary Control is now integrated with Self Service
Purchasing. Users can create purchase orders, perform funds checking and funds reserve
using the self service version of Purchasing when Contract Commitments with the Dual
Budgetary Control feature is enabled.
3.19.4. Release 12.2
3.19.4.1. Construction Industry Scheme (CIS): Exclusion of Out of Scope Contract
Invoices in Monthly Returns Reporting
The Construction Industry Scheme (CIS) Monthly Returns Reporting now excludes out
of scope contract invoices. If the withholding tax field on all the distribution of a CIS
Supplier invoice is null, then the invoice is deemed out of scope and is now excluded
from the monthly returns reporting.
This update has also been back-ported to the following release:

12.1.x 9000000:R12.IGI.B

3.20. Oracle Receivables
3.20.1. Release 12.1.1
3.20.1.1. Cash Application Work Queue
Receivables departments need to efficiently allocate and monitor the workload of receipt
application personnel. Unapplied customer receipts can now be automatically assigned
to specific cash application specialists for further processing. This assignment is done
based on user defined rules by a new concurrent program: Assign Cash Application
Work Items.
Using the new Cash Application Work Queue workbench, specialists can efficiently
manage their workload, review unapplied receipts and take further actions on unapplied


receipts. The Cash Workload Review Report is now available to review and monitor the
current workload of assignees.
3.20.1.2. Enhanced Line Level Cash Application
Business operating in certain industries need to track balances and apply customer
payments at the invoice line level.
Oracle Receivables now maintains line level balances for all transactions originating
from sources enabled for line level operations. The Auto Lockbox matching routine has
been enhanced with an open call-out to invoke custom transaction line selection logic.
3.20.1.3. Enhanced Performance for High Volume Receivables Processing
Companies operating in industries such as telecommunications, retail, insurance and
utilities process large volume of invoices and receipts on a daily basis. Oracle
Receivables has significantly enhanced the performance and scalability of the following
key batch programs by implementing parallel processing logic and fine tuning database
indexes:
AutoInvoice Master Program
Automatic Clearing for Receipts
Automatic Remittances Master Program
Lockbox Execution Program
3.20.1.4. Golden Tax Adaptor Enhancements for Mainland China
All businesses operating in mainland China are required to use a government certified
tax application for VAT calculation, VAT invoice generation, and statutory tax
reporting. This system is referred to as Golden Tax. Golden Tax Adaptor provides a
seamless integration between Oracle Receivables and the Golden Tax system.
Golden Tax Adaptor now supports three additional VAT invoice types: special VAT
invoices, common VAT invoices, and special VAT invoices for waste and outdated
materials.
Credit memo processing through Golden Tax Adaptor has been enhanced with the
following new features:
Processing of on-account credit memos and credit memos referring to multiple
invoices
China Tax Office notification number support for credit memos on Special VAT
Invoices
Validation rules to prevent export of credit memos with duplicate or incorrectly
formatted notification numbers


3.20.1.5. Business Intelligence Publisher Support for Selected Receivables Reports
The following Oracle Receivable reports have been re-written utilizing the Business
Intelligence Publisher (BIP) tool. BIP based reports offer greater flexibility to end users
in changing report layouts and formats.
AR Reconciliation Report
Customer Open Balance Letter
Incomplete Invoices Report
Invoice Exception Report
Receipt Analysis - Days Late
3.20.2. Release 12.1.2
3.20.2.1. Default Customer Bank Account Information on Unidentified Receipts
Auto Lockbox now derives customer bank account information based on the Magnetic
Ink Character Recognition (MICR) number supplied in the lockbox data file. This
information is defaulted on unidentified receipts and can be manually associated with a
customer record for matching receipts in subsequent runs of Auto Lockbox
This feature has also been back-ported to 12.1.1 via standalone patch:
8422361:R12.AR.B
3.20.2.2. Enhanced Aging Report to Support Multi-Fund Accounts Receivables
Public sector companies and federal agencies often need to record receivables against
multiple operating funds on an invoice. Operating funds are represented as balancing
segments. In prior releases, Oracle Receivables aging reports could be used to monitor
fund level balances only when an invoice impacted a single balancing segment.

Oracle Receivables introduces a new Aging 7 Bucket by Account -- Multi-Fund
Accounts Receivables Report. This report lists receivables balances regardless of the
number of funds associated with any invoice.
All other Oracle Receivables aging reports remain unchanged.
3.20.3. Release 12.2.2
3.20.3.1. Review and Manage Accounting Exceptions during Period Close
Companies are constantly striving towards reducing the period close cycle time to
finalize the financial statements as early as possible for management and statutory
reporting. One of the period close tasks that can take considerable amount of time is
resolving the accounting exceptions.

Receivables now provides the new Sweep Invalid Distributions report that shows the
details of the accounting exceptions that are holding the period close for review and
action. If the amount involved is not material from the reporting perspective and
resolving the accounting exceptions is likely to delay the period close then the

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle Receivables Extensions for Oracle Endeca 26

accounting date of the accounting distributions that have exceptions should be swept to
the next open period. Pass manual journal entry in the General Ledger in the current
period for the receivable accounting distributions that are swept to the next period.

The new Receivables report is not only useful in creating the manual journal entry in the
General Ledger but will also act as a supporting document for audit. In the next open
period reverse the manual journal entry and resolve the accounting exceptions.
3.20.3.2. Automate Auto Lockbox Processing
Companies using the Lockbox service receive the data file containing receipt information
from the banks at frequent intervals for each bank account that receives payments. These
files are processed by the Auto Lockbox programs to import, validate, create and apply
receipts. Until now the lockbox processing programs had to be launched manually from
the UI for each data file. Receivables now allows these programs to be submitted as
standard concurrent requests using the standard Submit Request form.
To further improve productivity, a custom program can be created that scans for the
incoming files at regular intervals. When a file is received it can automatically submit the
Auto Lockbox programs to process the file.
3.20.3.3. Assign Customers to Unidentified Receipts using API
Receivables departments need to efficiently manage the cash application process to
reduce the manual efforts and at the same time improve the customer satisfaction. Timely
and accurate application of the unidentified customer cash receipts to the invoices paid is
important to provide a true picture of the customer account and the transaction status and
helps in improving customer satisfaction. An API is now available that can be used to
assign customers to the unidentified receipts.
3.20.3.4. Golden Tax Adaptor Enhancement for Mainland China
The Golden Tax Adaptor provides the following new features:
Integration with Aisino Golden Tax system V7.20 on which one Golden Tax
transactions can map multiple VAT invoices
VAT invoice types can be defaulted by customer taxpayer types, and user can
change the default VAT invoice type on receivable transaction level
Allow to split transaction lines while unit price exceeds maximum VAT invoice
amount limit.

3.21. Oracle Receivables Extensions for Oracle Endeca
3.21.1. Release 12.1.3.4
3.21.1.1. Receivables Integration with Endeca V4.0
Receivables personnel can now take advantage of the powerful search and sophisticated
guided navigation capabilities offered via Endeca integration. They can leverage
immediately actionable information on the Outstanding Receivables and Disputes
Overview pages to initiate appropriate tasks, such as Print, Pay, or Dispute outstanding
receivables transactions.

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle Subledger Accounting 27

In addition, Receivables Department Management can pre-define alerts that will help the
user identify items requiring prompt attention based on enterprise business priorities.
Receivables and Collections Departments can now better identify potential problem
areas and customer summary and transaction information based on a set of key metrics,
such as Outstanding Receivables Balance, Past Due Balance, Available Credit Balance,
Open Discounts, and are empowered to take remedial actions in a timelier manner.

The Disputes Overview Endeca page enables Receivables personnel to analyze and
improve disputes processing, as well as identify customers who might be overusing
disputes as a way to delay payments.
3.22. Oracle Subledger Accounting
3.22.1. Release 12.0.3
3.22.1.1. Supporting References
Using the Supporting References feature users can capture additional information from a
transaction and store it as part of the accounting entry.
Additionally, users can automatically maintain balances by supporting reference.
3.22.2. Release 12.1.1
3.22.2.1. Historical Data Initialization for New Reporting Currencies and Secondary
Ledgers
When setting up new secondary ledgers or reporting currencies with an existing primary
ledger for new local or corporate reporting requirements, all historical transaction
accounting amounts and balances have to be initialized in these new ledgers/currencies
to ensure proper reconciliation with their primary ledger counterparts. Oracle Subledger
Accounting now provides a new concurrent program: SLA Secondary/ALC Ledger
Historic Update for this particular need. This program retroactively posts historical
transaction accounting data from the existing primary ledger to the newly created
secondary or reporting currency ledgers. Once this program is executed, reports and
inquiries will correctly display secondary ledger or reporting currency amounts.
3.22.3. Release 12.1.2
3.22.3.1. Accounting Rules Detail Report and Enhanced Subledger Accounting Online
Inquiry
Oracle Subledger Accounting introduces a new Subledger Accounting Rules Detail
Listing Report to provide detailed information about accounting rules defined for a
subledger accounting method. The report can be submitted from the individual
subledger applications or from Oracle General Ledger. In addition, the report can be
submitted for custom applications registered within Oracle Financial Accounting Hub.
Users can now use the new report to easily review the following setup details:
Subledger Accounting Method
J ournal Line Definition

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle Treasury 28

J ournal Line Type
Account Derivation Rule
J ournal Header Description
J ournal Line Description
The online Subledger J ournal Entry page has also been enhanced with two new sections
to display the journal line definition and the journal line type used for generating an
accounting entry.
3.22.3.2. Accounting Data On-Demand Upgrade by Subledger
During the Release 12 upgrade process, customers can choose the time span for
converting historical accounting data to the new Subledger Accounting tables. There is
also a separate program that allows customers to extend the data conversion to older
accounting periods after the upgrade. This program runs for all subledgers at the same
time.
In this release, Oracle Subledger Accounting has enhanced this process by introducing a
new concurrent program Upgrade Historical Subledger Transaction Accounting that
allows the historical accounting data conversion be done independently for each
subledger.
3.22.4. Release 12.1.3
3.22.4.1. New Control Accounts Qualifier
Restrict Manual J ournals has been added as a new qualifier on the natural account
segment to provide users the ability to specify the control accounts that do not require
third party detail for posting.

3.23. Oracle Treasury
3.23.1. Release 12.1.2
3.23.1.1. International Bank Account Number (IBAN) Support for Counterparty Bank
Accounts
The International Bank Account Number, or IBAN, was designed to standardize and
simplify the transfer of international payments. A new field has been added to the
Counterparty Settlements Account Details window to support the input of the
International Bank Account Number for the counterparty.
The seeded confirmation templates and X12 Electronic Funds Transfer script now use
the IBAN for both the company and counterparty, if provided. The Daily
Payments/Receipts Report displays the IBAN, if it is specified, rather than the account
number for the counterparty.

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle U.S. Federal Financials 29

3.23.2. Release 12.1.3
3.23.2.1. Reconcile Treasury Transactions of all Deal Types
Oracle Treasury now allows the use of Retail Term Money Market deal transactions
within the Oracle Cash Management Bank Statement reconciliation. With this
enhancement, users can view and use all treasury deal type transactions when reconciling
bank statements within Oracle Cash Management providing a single point for
reconciliation.
This update has also been back-ported to the following releases:

12.0.6 9491322:R12.XTR.A
12.1.1 9393372:R12.CE.B

3.24. Oracle U.S. Federal Financials
3.24.1. Release 12.1.2
3.24.1.1. Enhanced Delinquency Processing
Federal delinquency processing features have been enhanced to provide additional
configuration options including the ability to configure:
Finance charges to be assessed on other finance charges
Finance charges once for an installment invoice or on each installment for an
installment invoice
The source of the distribution for finance charges (for example, from the original
invoice distribution or from the transaction type).
3.24.2. Release 12.1.3
3.24.2.1. Updates to Year-End Close Processing
The Federal Year End Close process has been modified to add a Closing Method to
accommodate configuration of Pre-Closing as well as Closing accounting entries.
Closing Method and Closing Period have been added as parameters to the Year End
closing process.
3.24.2.2. Extract File Changes for Central Contractor Registration (CCR)
CCR enhancements include:
Placing specific named holds (instead of supplier site holds) on invoices and
scheduled payments when the suppliers registration status becomes inactive,
and automatically releasing the hold when the registration becomes active
Masking the CCR account user identifier and password information on
concurrent request parameters and log file output
Providing validation on the Payables Assignment page to prevent the association
of a CCR vendor to an existing supplier when their TINS do not match

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Tax, Legal and Regulatory Updates 30

Updating unpaid invoices with the latest bank account information from
CCR when the bank information has changed for a CCR registration.
3.24.3. Release 12.2
3.24.3.1. Common Government-wide Accounting Classification (CGAC) Configuration
Federal Financials has been modified to accommodate attributes for the Common
Government Accounting Classification (CGAC) structure. Configuration windows
have been added or modified to accommodate:
The CGAC component based Treasury Account Symbol (TAS) for both
internal agency accounts as well as Trading Partner accounts
TAS, Fund, and General Ledger CGAC related attributes
The 8-character Business Event Type Code (BETC) required for all Fund
Balance with Treasury (FBWT) activity being reported to Treasury such as
payments, collections, borrowings, etc.
Also, a new automated process has been added for establishing new single and
multi-year TASs from existing single-year and multi-year TASs that are expiring.
The process will establish related funds, budget distribution, and TAS/BETC
relationships for the new TASs.
Release Patch Number My Oracle Support Knowledge
Document
12.0.x 9307787:R12.FV.A 1277072.1
12.1.x 9307787:R12.FV.B 1277072.1

3.25. Tax, Legal and Regulatory Updates
3.25.1. Overview
The following section provides information about the updates introduced to address tax,
regulatory and legislative changes.
Note: Most of the following updates have also been back-ported to previous releases via
standalone patches. Please refer to the sections below for information on patch numbers.

3.25.2. Release 12.0.3
3.25.2.1. China National Accounting Office (CNAO) Support
The China Accounting Software Data Interface Standard (CNAO) is now available to
provide financial data export and cash flow statement functionality to comply with
Chinese legal requirements.


3.25.2.2. Japan: Depreciable Assets Tax Report
The Depreciable Assets Tax report is now available to address J apanese regional
taxation requirements. A user interface has been added to capture the additional
Company and Tax Authority level information required for the report.
3.25.3. Release 12.0.4
3.25.3.1. United States: Form 1099 Legislative Updates
This release of Oracle Payables incorporates all 2006 IRS mandated 1099 updates as
follows:
For all forms: Payment Year. Field Positions 2 5 have been incremented to
update the four-digit reporting year (2005-2006) unless reporting prior year data
Deletion of two fields: Replacement Alpha Character, position 21-22 and
Electronic File name for a Replacement File, position 396-410
Expansion of the Contact Email Address to 50 positions and the deletion of the
Vendor Contact Email address. As a result, several other fields have new
positions: Contact Email Address, position 359 408 and Cartridge Tape File
Indicator, positions 409 410.
3.25.4. Release 12.1.1
3.25.4.1. Brazil: Fiscal SPED Support for Fiscal Book Generation and Electronic
Invoice Integration
Support for Fiscal Book Generation
The Brazilian Fiscal SPED requires organizations to submit a set of legal reports in
electronic format to tax authorities. Specific additional information is required to be
provided in these reports. Oracle Financials for Latin America provides new and
enhanced functionality to capture the additional required information.
The following new windows have been introduced to support SPED:
Electronic Invoice Attributes
Electronic Invoice Status History
The following existing windows have been enhanced:
Tax Codes and Rates
Supplier Sites
Customer Sites
Transaction Sources
Order Management Deliveries
Order Management Carriers
Transaction Types


Inventory Master Items
Item Templates
Support for Electronic Invoice Integration

Per Brazilian tax law, account receivable invoices can only be billed to a customer
after tax authority approval.
In this release, Oracle Financials for Latin America provides support for electronic
invoice integration for tax authority approval. The tax authority approval status is used
to control downstream business process such as invoice printing, collection, etc. for the
receivables invoice. In order to prevent billing customers with an invalid document
status, only receivable invoices with a status of Finalized or Contingency are processed.
Invoices with a status of Sent, Error, Cancelled, Rejected and Obsolete are placed on
hold until the electronic invoice status is updated to Finalized or Contingency.
This update has also been back-ported to the following release:
Document
12.0 7000001:R12.J L.A 753705.1 Electronic Invoice
Standards
876892.1 Electronic Invoice
Integration Support

3.25.4.2. Japan: Asset Depreciation Enhancements for Japan Tax Reform Act of 2007
In order to stimulate and promote economic growth, The Ministry of Finance for J apan
has announced new tax reforms. The reforms introduced new rules for calculating
depreciation on fixed assets effective April 1, 2007.
Oracle Assets provides the following new features to support the new tax reforms:
New depreciation methods and rates for depreciable assets acquired on or after
April 1, 2007
New rates are added to the Straight Line Method
250% Declining Balance Method
Extension of Depreciation feature for calculation of extended depreciation for
eligible assets (depreciable asset acquired on or before March 31st, 2007 and
depreciated up to earlier 95% limit)
Enhanced reporting for compliance
Enhanced Mass Changes feature by adding Salvage value and Final Depreciable
limit parameters




11.5.10 7427746
12.0 8706840:FA.A

3.25.4.3. United Kingdom: Reverse Charge VAT
On J une 1, 2007, the new Reverse Charge VAT rule became effective in the United
Kingdom. The Reverse Charge VAT involves inverting the tax liable party from the
Seller of Goods to the Buyer of Goods under certain conditions for domestic
transactions within the EU countries.
Oracle Financials now supports this new VAT regulation by identifying reverse charge
VAT transactions and ensuring that appropriate tax rules are applied. A Reversed
Charge Sales report is now available to list effected invoices. A standard message is
printed on all reverse charge sales invoices.
This update has also been back-ported to 12.0 via Oracle Financials Release Update Pack
5. For additional information, please refer to My Oracle Support Knowledge Document
565898.1.

3.25.5. Release 12.1.2
3.25.5.1. Argentina: Turnover Tax Withholding/Perception Regimes
The Tax Authority of Buenos Aires province has determined through regulations DN
70/07 and DN 74/07, that tax rates for its Turnover Withholding and Turnover
Perception regimes would be defined per individual contributors (i.e. taxpayer id),
therefore modifying existing withholding and perception tax rate determination, which
was a general rate applicable for all taxpayers.
Each Perception agent (i.e. seller) and Withholding agent (i.e. buyer) will be required to
download from the tax authoritys website a monthly flat file with applicable tax rate
information for each contributor (taxpayer id).
In this release, Oracle Financials for Latin America provides new and enhanced
functionality to enable its customers to upload the governments monthly data file and
update the corresponding tax assignments per taxpayer id (i.e. Withholding rates for
suppliers in Oracle Payables and Perception rates for customers in Oracle Receivables)
and ultimately calculate proper withholding and perception taxes on Payments and
Receivables transactions, thus complying with the current legal regulations.
The following functionality is provided:
Infrastructure and Guidelines to Setup and Upload Monthly Data File
Program to Validate Data prior to Data Upload
Program to Update Monthly Turnover Perception Tax Assignments per Taxpayer
id (Receivables)
Program to Update Monthly Turnover Withholding Assignments per Taxpayer id
(Payables)
Program to Update Withholding Rates for Unpaid Invoices (Payables)


Report to List Uploaded Data for Verification Purposes
The following windows have been enhanced:
Withholding Taxes
Supplier Withholding Applicability
The following concurrent program has been introduced:
Argentine Turnover Tax Data Upload Verification Report
The following reports can be generated based on parameters entered in the above
concurrent program:
Argentine Turnover Temporary Data Upload Verification Report
Argentine Turnover Data Upload Validation Report
Argentine Turnover Final Data Upload Verification Report


Release Patch Number My Oracle Support
Knowledge Document
11.5.10 7368540 733928.1
12.0 7685123:R12.J L.A 778917.1
12.1.1/12.1.2 8427989:R12.J L.B 878707.1

3.25.5.2. Brazil: Federal SPED Regulation - Accounting SPED
The Brazilian Accounting SPED, also known as Escriturao Contabil Digital ECD,
requires companies to submit their accounting data to the Federal Tax Authority on a
monthly or yearly basis in a flat file format.
In this release, Oracle Financials for Latin America provides new and enhanced
functionality to capture the required information, extract and format electronic
accounting books.
Oracle supports monthly generation of the following bookkeeping types:
Bookkeeping Type G
Bookkeeping Type G is applicable when the company stores detailed accounting in
Oracle General Ledger. It is the preferred bookkeeping type by Federal Tax
Authority.
Bookkeeping Type R
Bookkeeping Type R is applicable when a company summarizes accounting data in
Oracle General Ledger and keeps the accounting details in the sub-ledgers.
Bookkeeping Type A


Bookkeeping Type A contains the detailed accounting for Bookkeeping Types R or
B. Users can drill down and retrieve detailed accounting information from AP and
AR sub-ledgers.
Bookkeeping Type B
Bookkeeping Type B is specific for Financial Institutions such as Banks. It requires
additional registers to be reported. This book may also have an auxiliary
bookkeeping Type A associated to it.
New User Interface screens introduced to support Accounting SPED are:
Participants
Participant Relationships
Bookkeeping Types
The following pages have been enhanced to capture new data elements:
Legal Entities
Establishments
Legal and Tax Registrations
Contacts Information
The following programs have been introduced:
Brazilian Accounting SPED Data Extract Program
Brazilian Accounting SPED Text File Generation Program
Brazilian Accounting SPED Financial Statements Data Extraction


Knowledge Document
11.5.10 8319193 786498.1
12.0 8824610:R12.J L.A 878922.1
12.1.1/12.1.2 8692514:R12.J L.B 878922.1

3.25.5.3. China: Golden Tax Adapter Enhancements
In this release the EBS Golden Tax Adaptor functionality has been expanded to support
the merging of multiple Golden Tax (VAT) Invoices, capturing bank and customer
information in simplified Chinese for use in the Golden Tax (VAT) invoices, and the
ability to support sales discounts on Golden Tax (VAT) invoices.
1. Merge multiple Golden Tax (VAT) invoices
Users can consolidate multiple invoices for the same customer into a single VAT
invoice within limits as defined in the System Options.


2. Capturing bank and customer information in simplified Chinese
Users can use an Alternate Name to enter, capture and print the customer and
bank information in Chinese on issued VAT invoices.
3. Sales discount
Users can export sales discount lines from the EBS Golden Tax Adaptor into the
Golden Tax system. Users can import credit memo data with merged discount
amounts back into Golden Tax Adaptor.
3.25.5.4. Italy: Annual VAT Extract
The Annual VAT declaration is a legal requirement in Italy. All Italian legal entities
must complete the Annual VAT declaration according to the specifications of the Italian
fiscal authority.
This release provides a standard extract which contains selected VAT details to assist
Italian customers to submit their Annual VAT declaration in their functional currency as
well as non-Italian customers to reconcile their VAT registers for their statutory
reporting needs.
3.25.5.5. Italy: Annual Withholding Extract
The Annual Withholding declaration is a legal requirement in Italy. All legal entities
must complete the fiscal template according to the specifications of the Italian fiscal
authority.
This release provides a report that may be printed annually for each legal entity. The
report lists the withholding tax and the tax identification information related to partially
and fully paid payables transactions. This report is consistent with the information listed
on Italian Withholding Tax Letters.
3.25.5.6. Japan: Enhanced Support for Tax Reform 2007/2008
J apans Ministry of Finance announced new tax reforms for the calculation and reporting
of fixed asset depreciation.
Oracle Assets provides the following new features to support the J apanese tax reform
legislation:
1. Enhanced Legacy Data Migration for J apan Tax Reform
Prior 2007 J apan Tax Reform product enhancements allowed new assets added
into the system to be assigned the new depreciation methods. However,
customers also need the ability to easily assign existing assets to the new
mandated methods.
The following functionality enables users to migrate legacy assets:
The Asset Workbench now allows addition of assets already in Extended
Depreciation and displays additional asset information for these assets.
Mass Additions now permits the addition of existing assets in Extended
Depreciation and also displays additional asset information.


The Asset Integrator (Oracle Web ADI) has been modified to enable the
addition of existing assets in Extended Depreciation.
The Extended Adjustments program has been modified to support
migrated depreciating assets in Extended Depreciation.
2. Enhanced What-If Depreciation Analysis for J apan Tax Reform
The What-If Depreciation program has been enhanced to use 2007 J apan Tax
Reform methods:
New J P 250 DB methods introduced with the J apan Tax Reform.
The new J P STL EXTD method for assets currently depreciating under
Extended Depreciation.
3. Depreciable Assets Tax Report for J apan
Previously, users of the J apan Depreciable Assets Tax Report could only register
and provide descriptive information for a single company. The report has now
been enhanced to handle multiple companies.
The J apan Depreciable Assets Tax Report contains the following modifications:
Users can specify information for multiple companies linked to specified
asset book(s).
Additional reference information is enterable in the report.
The report layout format conforms to the legal standard.
This update has also been back-ported to 12.1.1 via the standalone patch:
8706842:R12.FA.B.
3.25.5.7. Spain: VAT Legislation: Modelo 340 Informative Declaration
The new Modelo 340 Informative Declaration includes Issued Invoices, Received
Invoices, Investments and Certain Intra EU transactions. This new 2009 declaration
accompanies the VAT Settlement ("Liquidacin del IVA") and does not replace an
existing declaration ("Modelo"). This settlement can be performed monthly or annually.
In this release, a new file is available in accordance to the new legislation.

Knowledge Document
11.5.10 8535502 1288794.1
12.0 8635531:R12.J E.A 1288812.1
12.1.1/12.1.2 8635531:R12.J E.B 1288812.1
3.25.5.8. Spain: VAT Legislation: Modelo 347 Domestic Transactions Turnover Report
Changes
New guidelines include changes to the types of companies that are required to submit
Modelo 347. These guidelines were issued on December 30th, 2008, and are applicable


as of J anuary 1st, 2009: Order EHA/3787/2008, of 29 of December, (BOE 30-diciembre-
2008). A series of updates and additional fields have been applied to the layout of
Modelo 347 report in accordance to the legislative requirements.

Knowledge Document
11.5.10 7564728 1288794.1
12.0 8635531:R12.J E.A 1288812.1
12.1.1/12.1.2 8635531:R12.J E.B 1288812.1
3.25.5.9. Spain: VAT Legislation: Modelo 415 Canary Island Turnover Report Changes
Companies operating in the Canary Islands and subject to the Canary Islands Tax
Regime are required to submit an IGIC Modelo 415 file. A series of updates and
additional fields have been applied to the layout of Modelo 415 in accordance of the new
legislative requirements.

Knowledge Document
11.5.10 8294328 1288794.1
12.0 8635531:R12.J E.A 1288812.1
12.1.1/12.1.2 8635531:R12.J E.B 1288812.1
3.25.5.10. Spain: Changes to Taxpayer ID Validation
In 2008, Spain issued new legal guidelines to allow Taxpayer IDs to begin with alphabet
characters of Y and Z and specific logic to derive the correct format. Prior to this
change, Spanish Taxpayer IDs were legally allowed to only begin with alphabet
characters up to X. This release supports the revised Spanish Taxpayer ID validation.
For additional information, please refer to My Oracle Support Knowledge Document:
759473.1, 760262.
3.25.5.11. United Kingdom: Support for Revaluations and Impairments per Statement
of Recommended Practice for United Kingdom Local Authority Accounting
The J oint Committee for CIPFA/LASAAC published A Statement of Recommended
Accounting Practice (SORP) 2006. The SORP recommends how fixed assets owned
by UK Local Authorities are to be revalued starting from April 1, 2007.
Revaluation and impairment functionality in Oracle Assets now addresses the fixed asset
revaluation requirements as per SORP.
Revaluation Reserve Accounting for Net Book Value
Generating Depreciation Neutralizing Entries
Revaluation of Donated and Discounted Assets
Impairment Classification Types
Reason and Purpose Descriptions
Generating Impairment Loss Neutralizing Accounting Entries


Revaluations Directly Related to Prior Impairments
Generating Asset Decommission and Disposal Entries.
8706842:R12.FA.B.
3.25.5.12. U.S. Federal: New FACTS II Edit Checks and File Layout Changes
Closing Validation Edit 13 and Reclassification Edit 14 rules have been added as
configuration options for FACTS II processing in accordance with Treasury FMS
guidance. Additionally, the FACTS II Edit Check Detail Report has been modified to
include the status and supporting detail for these edits.

Knowledge Document
11.5.10 9351322 875303.1
12.0.x 9351569.FV.A 875303.1
12.1.x 9351569.FV.B

3.25.5.13. U.S. Federal: Enhanced Central Contractor Registration (CCR) Processing
CCR processing has been enhanced to process the BPN extract v4.07 files. These
extracts contain unlimited Business Types, NAICS, SIC, PSC and FSC Codes, as well as
NAICS exception and SBA Certification Data. The CCR Vendors pages have been
updated to display this information.
3.25.5.14. Global: Support for Asset Impairment in Accordance with International
Accounting Standard 36
IAS 36 addresses financial accounting and reporting for impairment of assets. The
provisions provide that assets should not be carried at more than their recoverable
amounts. The Standard requires entities to carry out impairment tests for all their
tangible and intangible assets, other than assets in certain specified categories (e.g.
inventories, construction contract assets, financial assets and non-current assets
classified as held for sale). IAS 36 requires companies to measure an asset's recoverable
amount (the higher of the asset's or cash generating unit's fair value, less costs to sell, and
its value in use) and compare it to the book value. Oracle Assets now calculates and
generates asset impairments and the appropriate General Ledger journals in accordance
with IAS 36 guidelines.
8706842:R12.FA.B.
3.25.5.15. Global: Year End Closing Process
Selective country legislators stipulate that the year-end closing journals and year-
beginning opening journals are to be created using the net balance of each account.
The Close Process: Create Balance Sheet Closing J ournals program and Close Process:
Create Income Statement Closing J ournals program in General Ledger have been


enhanced to support this legal requirement. Using the new Net Closing Balance J ournal
option in the Accounting Setup Manager, users can now generate the appropriate year-
end closing journals and year-beginning opening journals.
3.25.6. Release 12.1.3
3.25.6.1. Argentina: Support for Argentina Simplified Regime (Monotributo)
The Argentine Fiscal Authority (Resolution 2616), introduced a new Withholding
Regime for Income Tax and VAT application to Simplified Regime Contributors (a.k.a.
Monotributista). Effective J anuary 1, 2010, the new regime is effective on any payment
made to a Monotributista that has reached an annual threshold-billing amount as pre-
defined by the government.
The extended withholding solution for Argentine has been enhanced to address these
changes. Suppliers can now be defined using withholding types and rates applicable to
simplified regimes.

With these changes, users now can:
Identify suppliers who are Monotributistas
Verify suppliers billing information against fiscal authority thresholds
Analyze information through the Monotributistas Billing vs. Threshold
Verification Report
Automatically enable Simplified Regime applicability to Monotributistas that
meet the threshold.

Knowledge Document
11.5.10 8971151
12.0.5 9112951:R12.J L.A 987131.1
12.1.1/12.1.2 9112951:R12.J L.B 987131.1
3.25.6.2. Belgium: Annual VAT Report File Format v1.3
Effective from J anuary 2010, the new v1.3 file format has replaced the current v1.2 file
format of the Belgian Annual VAT Return File.

11.5.10 9249589
12.0.5 9480859:R12.J E.A
12.1.1/12.1.2 9480859:R12.J E.B
3.25.6.3. Brazil: Support for Brazilian Electronic Collection Document Process (DDA)
Effective October 2009, Oracle Financials for Latin America introduced two new
attributes in the Collection Document Window and in the Import Collection Documents
program to support the Brazilian Authorized Direct Debit (DDA) system:
Collection Document Barcode: The Collection Document Barcode is required
for the Electronic File Transfer. This mandatory record speeds up the data entry


of manually collected documents and is now a required field in the Standard
Collection Document.
Electronic Collection Document Flag: The Electronic Format (Y/N) flag
identifies if the respective collection document is electronic (Y) or standard (N).


Knowledge Document
11.5.10 8802352 1071872.1
12.0.5 9319746:R12.J L.A 987749.1
12.1.1/12.1.2 9319746:R12.J L.B 987749.1

3.25.6.4. China: Support for Version 2 of the China Accounting Software Data Interface
Standard
The China National Audit Office (CNAO) has defined a new version of their accounting
auditing filing standard, known as the China Accounting Software Data Interface
Standard. The new standard requires a number of XML-based reports, using data
primarily from the General Ledger, Payables, Receivables, Assets, and Payroll
modules. It is currently required for state-owned enterprises and public sector
organizations.
3.25.6.5. India: Enhanced Value Added Tax (VAT) Functionality to Support Flexible
Recovery Schedule for India
Oracle Financials for India now provides the flexibility to use VAT recovery schedules
and percentages to derive the tax installments and dates to claim or recover VAT on
capital goods.
3.25.6.6. India: Value Added Tax (VAT) Statutory Accounting and Reporting for Non-
Shippable Items
Users can now have the ability to generate Value Added Tax Invoice Numbers, perform
VAT Repository updates, and account for VAT taxes for customer billable non-
shippable items on sales orders.
3.25.6.7. Israel: Israel VAT Report Enhancement
Effective J anuary 2010, new legislation was introduced affecting companies issuing
periodic VAT declarations in Israel. The legislative changes include:
Enhanced tax reporting boxes for declared input and output taxes
New electronic flat file format declaration related to 835
Aggregated reporting of taxable sales transactions below the official published
limits
Monthly percentage or amounts limits for tax reclaimed on Petty Cash
transactions


Mandatory declaration of export trade transactions (Rshimon Export)
The EMEA VAT Reporting Setup has been updated to capture monthly aggregation and
declaration limits for Israel.
The following Israeli reports have been enhanced to incorporate the legislative changes:
Israeli VAT AR Detail Report
Israeli VAT AP Detail Report
Israeli VAT Summary Declaration to Tax Authorities
Israeli VAT File Generation Related to 835


Knowledge Document
12.0.6 9241039:R12.J E.A 981126.1
12.1.1/12.1.2 9241039:R12.J E.B 981126.1

3.25.6.8. Israel: Withholding Tax File 856
Legislative amendments to the Income Tax Ordinance require updates to the
Withholding Tax File 856. These amendments impact the existing Israeli
Withholding Tax File to Tax Authority report.
In summary, the amendments are as follows:
Row 60 includes new fields for Tax Year, Supplier Type and Explanation for the
Tax File in IRS
Row 70 includes new fields for Foreign Suppliers Total Payments Paid by Bank
and Foreign Suppliers Total Withhold Amounts Paid by Bank. Positions 53 to
101 are filled out with spaces.
Row 80, a new row has been added. This row has 216 positions and is
composed of 12 lines, one line per each month of the year.
The following data is also generated as part of row 80:
IRS Deduction File Number, Reporting Type Code, Tax Year, Period, Number
of Reported Suppliers, Total Payments, Total Withholding Tax, 155 spaces and
the constant 80.


Knowledge Document
12.0.5 9253606:R12.J E.A 1288098.1
12.1.1/12.1.2 9253606:R12.J E.B 1288098.1


3.25.6.9. U.S. Federal: Extract File Changes for Central Contractor Registration (CCR)
CCR processing has been enhanced to process the BPN extract v4.09 files. The extracts
contain additional NAICS information, as well as the Excluded Parties List System
(EPLS) status. The CCRXML request version number has been updated to 2.10. The
CCR Vendors pages have also been updated to display the additional information.
3.25.6.10. U.S. Federal: Regulatory Updates to Statement of Budgetary Resources
The setup and concurrent process for the following Federal Financial Statements have
been modified to align with OMB Circular A-136 Revised (dated J une 10, 2009) as well
as USSGL Fiscal Year 2010 crosswalk attributes:
Statement of Budgetary Resources
Statement of Changes in Net Position.
3.25.6.11. U.S. Federal: Regulatory Updates to SF-133 Report
The setup and concurrent process for the SF 133, Report on Budget Execution, has been
modified to align with OMB Circular A-136 Revised (dated J une 10, 2009) as well as
USSGL Fiscal Year 2010 crosswalk attributes.

Knowledge Document
11.5.10 9307464 979828.1
12.0 9162915:R12.FV.A 979828.1
12.1.1/12.1.2 9162915:R12.FV.B 979828.1

3.25.6.12. Global: European Community VAT Changes for 2010
Effective J anuary 1, 2010, the European Union (EU) introduced changes related to Value
Added Tax (VAT) to modernize and simplify the rules for cross-border supply services
and tax recovery. Business-to-business supply of services will now no longer be taxed
where the supplier is located but will be taxed where the customer is situated. The
changes also introduced new reporting requirements.
Oracle Financials has been enhanced to address the new VAT changes by providing the
following features:
Identify the intra EU service transaction lines and display them on the European
Sales Listing report
Print standard legal messages on sales invoices.

Knowledge Document
12.0 9337544:R12.ZX.A
9123675:R12.BPA.A
974979.1
1107453.1
12.1 9337544:R12.ZX.B 974979.1


9123675:R12.BPA.B 1107453.1
3.25.7. Release 12.2
3.25.7.1. Brazil: Federal SPED Regulation Accounting SPED Updates
The following updates are available:
Identify accounts within the account hierarchy to exclude from register I050
(Chart of Accounts)
Exclude STAT currency code journals from reporting
Support 19 positions for numeric and amount values
Provide Create or Change Date identifier as required under register I100 (Cost
Center)
Automatic defaulting of Taxpayer ID (i.e. CNPJ /CPF) when defining Third Party
Participants
Generate digital transcript signature (register I151) for register I150 (periodic
balances) for the Bookkeeping Type B
Knowledge Document
12.0 11653651.R12.J L.A 1299664.1
12.1.x 11653651.R12.J L.B 1299664.1
3.25.7.2. Brazil: Fiscal SPED Electronic Invoice Layout Update (Manual 4.01)
The following attributes are generated and/or captured in order for Fiscal Partners to
communicate Electronic Invoices to Fiscal Authorities:
Numeric Access Key Code generated by the Electronic Invoice Attributes
window
Wagon and Ferry Identification captured at the Shipping Transaction and
Electronic Invoice Attributes window
Industry Specific Attributes on Receivables Transaction Workbench and open
interface
Additional Attributes for Multiple Towing Vehicles on Shipping Transactions,
Receivables Transaction Workbench and open interface.
Knowledge Document
11.5.10 10215640
12.0 10184720:R12.J L.A 1185914.1
12.1.x 10184720.R12.J L.B 1185914.1


3.25.7.3. Brazil: Fiscal SPED Support for PIS/COFINS (EFD-Digital Fiscal
Bookkeeping)
To address legal resolution 1052/2010 for PIS/PASEP and COFINS taxes, effective
April 2011, the following existing windows have been enhanced to capture additional
information:
Sales Order Lines
Electronic Invoice Attributes
Tax Code and Rates
Customer Account Sites
Inventory Master Items
Item Templates
Additionally, the Auto Invoice program has been enhanced to import the Service
Execution Date from the Receivables Interface table.
11.5.10 10628769
12.0 11825724:R12.J L.A
12.1.x 11825724.R12.J L.B

3.25.7.4. Israel: Combined VAT File (Ichud Oskim)
As of J anuary 2010, Israeli companies falling under Ichud Oskim legislation must
report VAT transactions in a single file, as opposed to individual files.
The Israeli VAT File Related to 835 report has been modified to generate a combined
VAT file. Users can inform the Tax Group Registration Number (Ichud Oskim) and up
to ten legal reporting entities. The report can still be used to generate the VAT file for
an individual company.
Knowledge Document
12.0 9155483:R12.J E.A 1145147.1
12.1.x 9155483.R12.J E.B 1145147.1

3.25.7.5. Israel: Withholding Tax File 856 (Legal Changes 2010)
The Withholding Tax File 856 has been updated for 2010 reporting effective March
2011.
Row 60, position 17-17 Explanation for the Tax File in IRS column now
includes a new value for foreign suppliers
Row 70, position 53-63 now includes the Supplier Liability column and position
64-73 now includes the Company Phone Number.


12.0 11058720:R12.J E.A
12.1.x 11058720.R12.J E.B

3.25.7.6. Portugal: Billing Software Certification
Oracle Financials for Portugal has been modified to comply with the new Portuguese
Legislation published in the Decree n
o
363/2010, of the 23
rd
J une Series I, n
o
120.
The following requirements are addressed:
Provide a system that allows the registration of sales invoices or similar
documents through an asymmetric RSA encryption algorithm and a private key
known only by the software provider
Generate the encrypted signature for all applicable Receivables transactions
Generate the signature by concatenating and encrypting all required data
elements
Store the required signature-related elements for subsequent SAF-T reporting
Store the required certification information to meet invoice printing
requirements.
Provide access controls to the program with user authentication
Maintain an audit trail of changes to tax data related to original information.
Document
11.5.10 10394365 1272898.1
12.0 11692550:R12.J E.A 1274628.1
12.1.x 11692550.R12.J E.B 1274628.1
3.25.7.7. Spain: VAT Legislation: Modelo 349 ESL/EPL Changes
The Spanish Tax Authority has published required changes to the existing electronic
report Spanish Inter-EU Operations Summary Magnetic Format (Modelo 349).
The changes impact the following:
Report Layout
Monthly reporting support
New Transaction Key reporting
Knowledge Document
12.0 9860980:R12.J E.A 1145773.1
12.1.x 9860980.R12.J E.B 1145773.1


3.25.7.8. United Kingdom: Local Authority Revaluation and Impairment
By March 31, 2011 UK local authorities are to account for their fixed assets in
accordance with guidelines as detailed in the Code of practice on local authority
accounting in the United Kingdom 2010/11 based on International Reporting Standards,
released by CIPFA in December 2009, also referred to as the Code. The move to the
IFRS-based Code from the UK GAAP-based SORP resulted in changes to the accounting
entries related to revaluations and impairments for property, plant and equipment assets.
The following revaluation and impairment functionality has been provided in Oracle
Assets to address the fixed asset revaluation and impairment requirements for tangible
property, plant and equipment assets, as per the Code:
Revaluation Loss (new feature)
Reversal of Revaluation Loss (new feature)
Consumption of Economic Benefit (CEB) Impairment (changed feature).
3.25.7.9. U.S. Federal: New FACTS II Edits
Federal Agencies Centralized Trail-Balance System (FACTS II) edits have been
added/removed to comply with Treasury changes:
Edit 14: Retirement of Reclassification Edit 14
Edit 15: The ending balance recorded in USSGL account 4157 cannot exceed
the ending balance in USSGL account 4397
Edit 16: The ending balance recorded in USSGL account 4158 cannot exceed
the ending balance in USSGL account 4398
Edit 17: USSGL Accounts 4134/4144 only apply to TAFSs where USSGL
accounts 4871 and/or 4971 are reported
Non-Federal Exception Edit: A Non-Federal Exception Allowed checkbox has
been added to the Define Treasury Account Symbols window. USSGL Accounts
4221/ 4251/4230/4233/4212 can only have balances for Treasury Account
Symbols with the Non-Federal Exception Allowed checkbox checked.
Additionally, the FACTS II Edit Check Detail Report has been modified to include the
status and supporting detail for the above edits.
Knowledge Document
11.5.10 11799569 1299711.1
12.0 11683152:R12.FV.A 1299711.1
12.1.1/12.1.2 11683152.R12.FV.B 1299711.1


3.25.8. Release 12.2.2
3.25.8.1. Belgium: Belgian VAT Annual Return Report Legal Changes 2012
Effective February 2012, new legislation was introduced affecting companies issuing the
VAT Annual Return in Belgium.
The Belgian VAT Annual Return contains information about all goods and services
supplied to Belgian customers during the tax year. The return uses data generated
through the Belgian VAT Annual Declaration process to produce the VAT Annual
Return in XLM format. Each VAT eligible company in Belgium is required to submit an
Annual VAT Return in electronic format (XML) to the Belgian VAT Authorities via the
INTERVAT portal.
The legal updates provided for the Belgian VAT Annual Return Report ensures
compliance with the new XML schema version 0_7.xds Interval v8.0.
The changes are as follows:
Group format of XML output
Target namespace
Specific XML tag names
ROOT section
Identification Declarant section
Addition of Phone Number and Email Address tags
Optional elements not generated:
FileAttachement
Comment
ReplacedClientListing element of ClientListing
Section not required by Oracle users:
Representative section
Document
12.0.6 14695260:R12.J E.A 1498446.1
12.1.1 14695260:R12.J E.B 1498446.1
12.2.1 14695260:R12.J E.C 1498446.1
3.25.8.2. China: China Accounting Software Data Interface Banking Standard
Ministry of Finance, China National Audit Office and Standardization Administration of
China jointly issued GB/T 19586-2004 Information Technology Data Interface of
Accounting Software standard for State-owned Enterprise, Public Sectors, Ministries and
Their Administration Units and State-owned Commercial Bank.


The standard requires those entities could export their financial statements and
accounting data periodically by specific XML format.
China Accounting Software Data Interface Banking feature complies with the standard
of commercial bank portion to export the required financial statements and accounting
information from the General Ledger. The solution includes two components which are
shared information data export and general ledger data export.
3.25.8.3. India: NSDL eTDS and eTCS Returns
Oracle Financials for India now supports filing of eTDS and eTCS quarterly statutory
returns using the file validation utility 3.6 released by National Securities Depositories
Limited which are mandatory from October, 2012.
3.25.8.4. India: TCS Product Impact Support
Oracle Financials for India now supports Tax Collected at Source (TCS) sale of certain
minerals, cash sale of bullion and jewelry that are released as part of the budget changes
announced by the Federal Government of India in March, 2012.
3.25.8.5. India: Service Tax Reverse Charge Mechanism
Oracle Financials for India now supports, Reverse Charge on service tax where the
service tax is to be paid by the service receiver and not by the service provider, along
with partial payment of service tax service provider and service receiver.
3.25.8.6. Russia: Enable Revaluation at Year End
In December 2010, a new Russian legal requirement was announced mandating that in
2011 and later, asset revaluations are to be performed at year end and reflected in the
financial results of the year being closed. In compliance with this new requirement, the
Oracle Assets revaluation functionality has been extended to allow users to include the
current period depreciation in the accumulated depreciation being revalued.
3.25.8.7. United Kingdom: Modulus Check Validations for Bank Accounts in the United
Kingdom
The existing account number validations for United Kingdom domestic bank accounts
only check the length of the account number. These validations are performed during the
entry and update of bank accounts.
With this release the account number validations for United Kingdom are enhanced to
include a modulus check validation along with the length checks.
To enable the modulus checks, a new concurrent program "Load UK Domestic
Account Validations Data" has been provided to load the modulus validation data from
text files that are provided and periodically updated by VocaLink Ltd. This includes:
Modulus Weights Table Data
Sorting Code Substitution Data.


Release
Patch Number


Release
Patch Number
12.1.x 16511168:R12.CE.B

Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Document Oracle Property Manager 51

4. New and Changed Features in Real Estate Management
4.1. Oracle Property Manager
4.1.1. Release 12.1.1
4.1.1.1. New Lease Statuses
Two new statuses have been introduced for leases. The new statuses are Lease
Ordered and Signed. These statuses are available when the lease approval status is
Draft. When a lease has a status of Lease Ordered or Signed, schedules and items are
created for any one-time payments. This allows users to create invoices or make
payments from the lease, for terms with frequency of one-time only, before the lease is
finalized. Users can use this new functionality for deposits or other payments that may
be required before a lease is finalized.
4.1.1.2. Lease Extension Enhancements
When the status is changed to Month-to-Month or Holdover and an extension date
entered, the following things will now be done automatically:
Recurring payment terms that end on the lease termination date will be extended
to the new extension date.
Users can choose to have variable rent and rent increase agreements extended.
This is described further in the sections on Variable Rent and Rent Increase
enhancements.
Extensions of terms and agreements can be rolled forward month by month using
a new concurrent process.
The system extends existing normalized payment terms differently depending on
the lease status. If the user changes the status from Active to Month-to-Month or
Holdover, the system extends a normalized payment term ending on the old lease
termination or extension date by adding a new non-normalized term rather than
by changing the end date of the existing term. If the lease is later placed back in
Active status, the term will be extended by addition of a new normalized term
beginning on the amendment commencement date.
4.1.1.3. Tenancy Extension and Contraction
When the user extends or contracts a lease, tenancy records (records on the locations tab
of the lease) will be extended or contracted as well, as appropriate.
4.1.1.4. Assignment Occupancy Percent Determined by Attribute on Tenancy
A new field on the lease locations (tenancy) tab, Assigned % Area: determines the %
Area value on the Customer Assignment, that is, it will determine what percentage of the
location area is occupied by that customer. The default will be 100%


4.1.1.5. Multiple Schedules for Same Schedule Day
Oracle Property Manager can create a new draft schedule, if needed, for a date with an
existing approved schedule. This means you can create a new term with the desired
schedule day in all cases
4.1.1.6. Prorating the Billing/Payment Amount based on a New Start Day Field
A new field has been added to the Lease form to capture the Year Start Date for
Prorating. Based on this field, the Schedule Start Date is determined considering the
period in which the Term Start Date falls into.
4.1.1.7. Breakpoint Flexibility
Complete flexibility in setting up line items and breakpoint definitions has been
introduced. With this feature, users can:
Set up complex agreements with changes to breakpoints, rates, breakpoint types,
line items, etc., occurring on any date, any number of times over the span of the
lease.
Enter line item and breakpoint details with any start and end date, not restricted
to sales year start and end dates.
4.1.1.8. Updating Breakpoints
Users can now change breakpoint definitions at any time, regardless of whether variable
rent has been calculated and approved. To respond to amendments or to correct data,
users can change most parts of a variable rent agreement. If the changes affect rent that
has been approved, the application will create adjusting terms.
4.1.1.9. Natural Breakpoint Enhancements
When the terms that form the basis for a natural breakpoint change, whether because of a
rent increase or because a user added or ended a term, the system now automatically
recalculates the natural breakpoints. The user can recalculate the variable rent; and if the
changes affect rent that has been approved, the application will create adjusting terms.
Users now select terms to form the basis for natural breakpoints using a new attribute on
the term, allowing complete control over which terms are to be included.
Users can now have rent increases, selectively, included in the natural breakpoint basis
as the increases are assessed.
4.1.1.10. Early Termination of Agreement or Lease
The user can now end variable rent agreements as of any date, either directly or by
terminating a lease. The system will perform any recalculations necessary if variable
rent has already been paid for affected periods and will create adjusting and/or reversing
terms.


4.1.1.11. Extension of Variable Rent Agreements
The user can now extend the length of variable rent agreements, or have the system
extend the agreement automatically when a lease is extended. The user also chooses
whether to have the system automatically extend the latest breakpoint definitions when
the agreement is extended or to manually enter the breakpoint definition detail for the
extension period.
4.1.1.12. New Calculation Methods
Two new calculation methods have been introduced for Variable Rent.
Year-to-Date. The system determines overage by comparing the cumulative
breakpoint with the cumulative sales (or other volume).
True Up. The system calculates variable rent periodically through the year with
a non-cumulative method and then does a True Up calculation at the end of the
year (or other appropriate period).
4.1.1.13. New Partial Year Calculation Methods
Several new methods (in addition to the existing Standard Proration) have been
introduced to calculate variable rent in partial years at the beginning or end of an
agreement.
First Year. A partial first year variable rent is calculated based on the first 12
months of sales, effectively using some sales from the second year as proxy for
the missing months in the first year. The resulting rent is prorated based on the
actual length of the first partial year.
Last Year. This is the equivalent of the First Year method, applied to partial last
years.
First Year / Last Year. If this Partial Year Method is selected, both the First
Year and Last Year methods will be applied.
Combined Year with Breakpoint Proration. The first partial year is combined
with the second year. For cumulative and year-to-date methods, breakpoints and
volumes continue to accumulate for more than 12 months. The breakpoints are
effectively annualized because the period of breakpoint accumulation matches
the period of volume accumulation.
Combined Year without Breakpoint Proration. The first partial year is combined
with the second year. A blended annual breakpoint is calculated for the
combined period, converted to a 12-month value. This is used as the basis for
breakpoints for all methods. Since the combined year is longer than 12 months,
and the sales are accumulated for that longer period, the breakpoint
accumulation is not matched to the volume accumulation and the breakpoint is
not, in effect, annualized.
No Proration. The breakpoints are used as entered, without proration. There is
no interaction or combination between values in the first partial year and the
second year.


4.1.1.14. Month-to-Month Roll Forward of Variable Rent Agreements
If a lease is in Month-to-Month status, the user can choose to automatically extend the
variable rent agreement with each monthly roll-forward of the Month-to-Month
extension.
4.1.1.15. Enhancement to Cumulative Calculation Method
When the overage rate for calculation of variable rent changes mid-year, accumulation of
volume recommences. Breakpoints are prorated to the length of the cumulative cycle
determined by sales year end dates or rate changes.
4.1.1.16. Allowances and Abatements
There are a number of enhancements related to allowances and abatements. Users can:
Create multiple allowances with effective dates.
Specify whether allowances or abatements are to be applied first.
Select terms for recurring abatement at the time that agreements are created.
Roll forward recurring abatement selections automatically and have the system
apply abatements automatically as part of the variable rent calculation process.
Enter amounts for Fixed Abatement. This is a new type of abatement. A fixed
abatement is an amount entered by the user to be applied as abatement for each
invoice period, much like the system applies the amount of recurring abatement
terms each invoice period.
4.1.1.17. Carry Forward of Excess Abatement as Negative Rent
Users can now control through an agreement parameter whether excess abatement
amounts are treated as negative rent.
4.1.1.18. Constraints
Users can now set start and end dates for constraints for the life of the agreement rather
than setting them up for each year.
4.1.1.19. Updating Volumes
Users can now update previously entered volume amounts through the Variable Rent
Gateway, where previously the only way to do an adjustment was by entering an
additional volume record (with a positive or negative adjusting amount).
4.1.1.20. Additional Frequency Attribute
The attribute called Reporting Frequency in previous functionality determined two
different frequencies, which sometimes should have had different values. This attribute
has been split into two attributes:
Calculation Frequency. The frequency with which variable rent is calculated.
This was the primary purpose of the former Reporting Frequency.


Reporting Frequency. The frequency with which the tenant is required to report
volumes. This frequency does not affect calculations but does affect the logic by
which the Variable Rent Gateway creates default volume entry rows.
4.1.1.21. Streamlining of Adjustments
Users can now recalculate variable rent at any time, to accommodate for changed
volume, breakpoints or other factors. The system will create adjusting terms if
necessary. There is no longer a separate adjustment process.
4.1.1.22. Form Enhancements
There have been many enhancements to layouts and navigation, decreasing the number
of screens and improving usability.
A number of multi-row views have been converted to folder blocks to allow for
user configuration.
Drilldowns have been added between the invoice review screen and the line item
review screen.
Multi-row views have been combined on a single screen with a master-detail
relationship to reduce the number of screens and present information in a more
intuitive layout.
4.1.1.23. Display of Calculation Results
Users can review in detail, on-screen, the calculation that resulted in the variable rent
amount, regardless of which method is used for the agreement.
4.1.1.24. Variable Rent Templates
Users may select a variable rent template to populate many of the attributes of a variable
rent agreement. This reduces data entry effort and error.
4.1.1.25. Term Template Enhancements
Users can now create, edit and save term templates from within the variable rent
agreement. Now, users can maintain a relatively small number of generic term templates
to use as the starting point for term detail defaults for variable rent agreements. The user
will select a generic term template then, if necessary, make a copy with changes specific
to the agreement.
4.1.1.26. Processing by Property
Property has been added as a parameter to the concurrent process for calculation of
variable rent so that users can now select agreements by property for batch calculation.
4.1.1.27. Improved Variable Rent Report
An improved report has been introduced for reporting calculated variable rent.


4.1.1.28. Early Termination of Rent Increase Agreements
The user can now end rent increase agreements as of any date, either directly or by
terminating a lease. The system will create adjusting and/or reversing items as
necessary.
4.1.1.29. Extension of Rent Increase Agreements
The user can now extend the length of rent increase agreements, or have the system
extend the agreement automatically when a lease is extended.
4.1.1.30. Month-to-Month Roll Forward
If a lease is in Month-to-Month status, the user can choose to automatically extend the
rent increase agreement with each monthly roll-forward of the Month-to-Month
extension.
4.1.1.31. Index Multiplier
Users can now specify a multiplier to be applied for rent increases based on an index
value. The amount specified is multiplied times the calculated change in the index
amount and the rent is changed by the resulting value rather than by the actual index
change percentage.
4.1.1.32. Proration
The system will now prorate constraints on rent increase for partial years.
4.1.1.33. Term Length
One compounding rent increase calculation method has been changed so that rent
increase terms are created only for the length of the assessment period rather than to the
end of the lease. This is appropriate for this method so that users now do not need to
manually change the term lengths.
4.1.1.34. Include/Exclude Option
A system option has been introduced that controls how terms are selected to form the
basis for rent increases. With previous functionality, all terms of the selected type were
selected by default for inclusion and users would deselect terms as appropriate. An
organization now can choose whether terms are included or excluded by default. Users
will still have complete control at the individual agreement level.
4.1.1.35. Recurring Backbill Terms
An option has been introduced that controls whether backbill terms are created as one-
time terms or as recurring terms. If they are created as recurring terms, the transaction
date for all resulting schedules is set to the same date, which is the date that the term was
approved.
4.1.1.36. Rent Increase Report
An improved report has been introduced for reporting calculated rent increases.


4.1.1.37. Create Operating Expense Agreement
Users can create an operating expense agreement for any lease clause governing the
payment of rent based on landlord operating costs or common area maintenance costs.
The agreement captures the key aspects of these agreements in a structured way that
enables consistent recording of agreements across the portfolio and also supports the
consistent and accurate reconciliation and desktop audit of landlord reconciliation
statements. Aspects of agreements that can be recorded in a structured way include:
All common ways of determining the pro rata basis for expense recovery, such as
occupied area with floor
Multiple pro rata bases within a single agreement
Administration fees and anchor contributions
Rules governing recovery of different expense groups or pools, within a single
agreement, such as whether a type of expense is subject to fees or cap
All common methods for calculating caps and minimums
Different reconciliation frequencies
Whether rent is subject to tax
Stop amounts
How reconciliation credits can be applied
Standard expense group naming, for cross-portfolio comparisons
Critical date rules, such as audit period and statement and payment due dates
Extensive notes, by category
4.1.1.38. Enter and Maintain Estimated Payment Terms
If the agreement requires the tenant to make estimated payments based on landlord
budgets, the user can create the payment term through the Operating Expense
Agreement. Estimated payment amounts are often adjusted by landlords annually or at
other intervals. The user can enter new amounts through the Agreement and the system
will create the appropriate term, including a catch-up term if needed. A history of the
changing amount is thus captured and displayed, with percent change.
4.1.1.39. Reconciliation
Reconciliation is created for each agreement for each reconciliation period. The user can
record information from the landlord reconciliation statement and use the reconciliation
screens as a workbench for doing a desktop audit of the reconciliation statement.
Features include:
Key entry, from the landlord reconciliation statement, of information not
available to the user from other sources, such as actual landlord expenses.


Optional entry of the same items, in an Expected column, if the user
has information that conflicts with the values presented by the landlord.
Presentation by the system of information that is known based on the Operating
Expense Agreement, previous payments, and prior reconciliations, such as
calculated cap amount, agreement fee percentage and amount already paid as
estimated payments.
Optional entry of the same items in the Statement column, if the
amounts on the landlord statement are not the same as expected.
Detailed presentation of the operating expense obligation calculation, in side-by-
side layout, showing the values from the landlord statement next to the values
expected by the user. The calculation includes caps, fees, contributions,
occupancy adjustments and stops, pro rata share calculation, and prior payment
amounts.
Presentations of the percent change over the prior period for each expense group,
the total landlord expense, and the tenant share of expenses.
Printable version of the detailed reconciliation analysis with side-by-side
comparison.
Simple creation of reconciliation payment term based on the bottom line of the
reconciliation analysis, or simply the payment due amount on the landlord
reconciliation statement.
Flexible expense year dates, or reconciliation period dates, so that
reconciliations can be done at irregular intervals if needed.
Reconciliation notes and direct access to notes related to the agreement and to
prior reconciliations.
Maintenance of critical dates specific to each reconciliation, such as audit period
end date.
Tracking of reconciliation and audit status, and users responsible for each.
Preservation of prior versions of a single reconciliation.
4.1.1.40. Operating Expense Agreement Dashboard
A dashboard presents agreements, reconciliations, and related payment terms that are
likely to need attention, based on user-configurable selection criteria. The dashboard
also has advanced query capability for searching for agreements, reconciliations and/or
payment terms.
Users can select existing objects for view or update, or can initiate creation of new
agreements, reconciliations or payment terms from the dashboard.


4.1.2. Release 12.2
4.1.2.1. Lease and Terms APIs
Lease and Terms APIs are now available to programmatically convert legacy system
leases and update existing leases details and payment terms into Oracle Property
Manager.
4.1.2.2. Business Event Workflow and Status Update
A new business event approval workflow integrated with approvals manager and lease
status update is now available. A new approval 'Submitted' status has been introduced to
prevent the lease from being updated when the approval workflow has been initiated but
not yet approved or rejected.
4.1.2.3. Variable Rent and Breakpoint APIs
The variable rent APIs provide a standard and consistent integration mechanism with
customers legacy variable rent systems. The APIs provide users with the ability to
create new or update existing variable rent agreements, to generate periods and
breakpoints, abatements and constraints for Variable Rent.
4.1.2.4. Override Variable Rent Calculations Client Extensions
The Override Variable Rent Calculation Client Extension provides users the ability to
update and/or override the variable rent amount calculated by Oracle Property Manager.
4.1.2.5. Index Rent APIs
New Index Rent APIs are available to create new or update existing index rent
agreements. Based on parameters provided by the user, the APIs will generate the index
rent details and periods for new and existing agreements.

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