Purpose and Scope  It seems to be difficult to enter, balance and eliminate inter- and intra- company transactions when there are multiple balancing segments in a chart of accounts. It need not be so.  We can make it easier - here are some thoughts and suggestions.  What do you think?  This document is limited to a discussi...

 It's not what you think; it is Intercompany accounting, and the trouble it is to successfully eliminate the balances in the heat of the monthly close. The origin of this topic is a conversation among consultants looking at deploying the many tools Oracle provide to make intercompany work. We were in the weeds and decided to stand back and loo...

On Friday, April 22, 2022, we had a interesting conversation on how to integrate existing apps or your newly created apps with the software running on the networked computers of some of the Cloud service providers, including Oracle.  First, Peter Care of FXLoader discussed his company's case. FXLoader provides foreign currency exchange rates f...