New Features in Fusion Update 20A

Oracle delivers new updates to their Fusion Cloud applications every quarter and the updates are mandatory and not optional. Oracle notifies their customer with the schedule of updates and provides sufficient time for testing. In the upgrades, bugs will be fixed and also new features will be released.
Following are some of the new features with respect to various functional modules in update 201A

General Ledger:

Ø  Configure Journal Workflow Notifications:

Update 20A introduced new feature to use Oracle Business Intelligence Publisher templates to generate email and in-application notifications. So now you can change the layout for Journal approval notifications as per business requirement. For example, you may want to include Logo or any image and can also be inserted custom messages in workflow notification and this is really beneficial to users.

In release 20A, this feature is optional and you need to enable manually in the new features page. As usual, enable this feature in test instance and then configure template as per your requirement and if test results are ok, you can perform the same in Prod instance. All the templates will be stored in Shared folders.

Ø   Genera Ledger Periods can be prevented from closure if subledger perios are not closed:

This is another interesting feature in update 20A and helps effective period close process and if you enable this option GL period cannot be closed if any of the following exceptions exit;

ü  Subledger accounting periods are not closed

ü  Unprocessed and untransferred subledger transactions

ü  Intercompany exceptions

ü  Pending transactions in the General Ledger interface

ü  Unposted transactions in General Ledger

However, you can exclude one more subledgers from this validation through the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE  

Receivables:

Ø  Configurable Credit Memo Request Approval Workflow Notifications

Similar to GL Journal Approval notification workflow, now you can use Oracle Business Intelligence Publisher templates to generate email and in-application notifications. So now you can change the layout for credit memo notifications as per business requirement. This features need to be enabled manually and optional in 20A.

Ø  Disallow Future Dated Invoices Created Manually When Chronological Document Sequence Enabled

Disallow creation of invoices manually with future transaction and accounting dates when chronological document sequencing is enabled on the ledger. This feature only applies to transactions created in a ledger that has chronological document sequencing enabled. Additionally, the transaction types assigned to invoices must have the option 'No future dates with chronological document sequencing' enabled.

Invoices created through the Import AutoInvoice process also use this feature to prevent the creation of invoices with future dates