01 Apr, 2017

UNDERSTANDING FUSION APPROVALS IN ORACLE FUSION APPLICATIONS

1. What are the key segments of Fusion Approvals in Oracle Fusion Applications / Oracle Fusion Procurement?

Fusion Approvals

  • HCM – Human Capital Management
  • AMX – Approval Management extensions
  • Procurement Approval Rules Management Engine
  • BPM – Business Process Management


2.
How many seeded approvals are available in Oracle Fusion Applications?

  • Vendor Registration Approval
  • Supplr Spend Authorization Approval
  • Purchase Requisition Approval
  • Purchase Order Document Approval
  • Internal Vendor Registration Approval
  • Vendor Negotiation Approval
  • Supplr Negotiation Award Approval

 

3. Approval Structures in Oracle Fusion Applications

Fusion Approvals Fusion Approval Structures

 

4. Approval Stages in Fusion Approvals

 

Fusion Approvals Fusion Approval Stages
Header Pre-Approval Stage contains below four participants.

  1. Requester FYI Participant
  2. Pre Approval Header Consesus Participan
  3. Pre-Apprvl Header First Responder Participant
  4. Header Hierarchy Participant


Header Stage contains below five participants:

  1. Head Hierarchy Participant
  2. Header Hierarchy 2 Participant
  3. Hierarchy 3 Participant
  4. Head Stage – First Responder Wins Participant
  5. Header Stage Consesus Participant

Header Post Approval Stage contains below three participants:

  1. Head Consensus Participant
  2. Header First Responder Participant
  3. Post Approval Header Hierarchy Participant


Post Approval FYI Stage contains below participant:

  1. Preparer FYI Participant


5.
Attributes (Seeded)

Oracle Fusion Approvals contain three types of seeded attributes. Below are some of the seeded attributes as an example.

  1. Header Level Attributes
  • Requisitioning BU
  • Requisition Amount
  • Preparer
  • Ledger
  1. Line Level Attributes
  • Supplier
  • Item
  • Price
  • Line Amount
  1. Distribution Level Attributes
  • Project
  • Natural Account
  • Distribution Account
  • Cost Center

In addition to seeded attributes, Fusion Application allows creating user-defined attributes.

      User-Defined Attributes:

  • Currency based User-Defined Attributes: If the company is using a standard set of approval rules, which apply across locations then we can simplify the rule maintenance by setting up rules in the same currency, instead of maintaining currency specific rules.
  • Custom User Defined Attributes
  • Summation User Defined Attributes

    6. Approval Rules in Fusion Approvals

Each Approval Rule has three components namely Condition, Attribute and Action. For Example:

Condition:  If Requisition Approval Amount (Attribute) is less than or equal to 1000
Action:       No approval required i.e. Auto-Approved

Condition:  If Requisition Approval Amount (Attribute) is greater than 1000 and less                than or equal to 5000
Action:       As per Approval Structure

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1 Comments:

  • masters in education April 16, 2017

    Thanks for sharing your info. I truly appreciate your efforts and I am waiting for your next write ups thanks once again.

    Reply

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