Oracle Apps Modules:
In this section i am going to explain different modules of Oracle Apps, this article is written basically for the beginners to understand the meaning of the Oracle Apps modules.
1. General Ledger (GL) of Oracle Apps
A bank used to maintain a balance sheet for all of their credits and debits. In same way Oracle General Ledger (GL) module keeps the track of all transactions of the business.
2. Inventory (Inv)
It is the place where all the item stocks of a business are stored. So here all the physical items/goods that are coming in or going out are tracked.
3. Purchasing (PO)
This modules manages all the purchasing order that deals with business. This has information about Requisition, PO, Shipment details of the order supplier.
4. Order Management (OM)
This module manages and control the sales order fulfillment. It manages the order book, order entry, ATP (Available to premises) etc.
5. Account Payables (AP)
It handles all the payment, you have to pay to the vendors. Oracle Payables allows invoice entry, payment entry and payment voiding in open accounting periods.
6. Account Receivables (AR)
It allows you to create invoice , answer invoice related customer queries, runs AP reports, records, schedule collection activities. Simply it summarizes all the payments you need to get from the customers.
7. Human Resource (HRMS)
This modules deals with HR activities (related to employees etc.), including recruitment performance management, employee compensation, leave management, attendance management, benefits, payroll, time management and real time analytics etc.
8. Assets Managements
It deals with the administrative cost related to business like electricity, maintenance of buildings, furnitures, accessories(laptop, data card ) etc.
This module deals with the cost associated with the projects, which includes project costing, billing, time & expenses etc.
10. Cost Management
This module helps you effectively manage and control your cash cycles, it provides, comprehensive bank reconciliation and flexible cash forecasting.
11. Work in Progress
Oracle work in process is complete production management system. Supports discrete, project repetitive, assemble to order, work order-less or a combination of manufacturing methods. Inquires and reports give you a complete picture of transactions, materials, resources, costs, job and schedule process.
These are the main modules just to start understanding. Except it, there ate many.
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