Need More Flexibility on Allocation Rules
September 18, 2019
Need More Flexibility on Allocation Rules
Score 9 out of 10
Vetted Review
Verified User
Modules Used
- Oracle Financials Cloud
Overall Satisfaction with Oracle ERP Cloud
We are currently using Oracle ERP cloud for accounting, general ledger and reporting. The biggest problem that we currently have is Oracle Fusion does not support the expense allocation rules in our organization. We are currently still using our Essbase On-prem specifically for allocation purpose. Another problem that is not too crucial is the fact that Oracle Fusion does not have the same recurring journal entry set up functionality as the Oracle on-prem where you have the ability to create a batch of recurring entry, use different rules, and post the recurring entries every month as one batch.
- Stability
- Approval process
- Chart of account management
- Allocation rules
- Primary to secondary ledger journal entry flow
- Recurring journal entry batch, and flexibility
- We have cut our monthly closing process by a few days
- We have been able to better manage our Fixed asset in Oracle
Oracle Fusion General Ledger is more robust and designed for a bigger organization.