Lets Start with Oracle Apps

I am writing this blog for all the novice users and developers who want to build a career in Oracle Apps EBS. I will be explaining you more on technical side and functional part as per my knowledge.

First of all I would like you to read this Blog as a novice / beginner and you do not know anything about Oracle apps. Here I will be clearing your basics to help you understand the technical and functional aspect.

To Start with I will ask you some questions:-
1. What is Oracle Apps?
2. Who is using the Application and in which areas of your life and around we can use Oracle Apps?

3. How a normal business is done may it be a retail shop selling daily need articles?

4. End of Day what matters for a company?

Answers of above queries:

Starting with Oracle Apps Definition; it is an ERP Enterprise Resource Planning.  Means, Plan your resources in an organization to get the maximum benefit i.e. profit.

ERP is planning of the different aspects or departments in an organization. We will take an example of a production house creating cars, what can be the different processes in a company which is creating cars can be:

Procure to Pay – Includes purchasing material and payment to the vendor.

• Purchase – Buying raw material
•  Inventory – Receiving of the material in company.
•  Payables - Creating Invoice or Doing payment to Vendors.
•  General Ledger – Posting the accounting entries in set of books.

Order to cash – Creating Sales order as per customer demand and shipment. Creating receipts and sending the accounting entries to general ledger.

• Order Book – Creating an order for customer with the product information
•  Packing – Packaging of the finished goods
• Shipping – Ship to the Customer Location
• Receipts – Collection of money from customer and creating receipts
• General Ledger entry – posting the accounting entries to general ledger.

This shows the final accounting  entries  going to general ledger, where you can calculate what is the profit earned or loss incurred by a company.