A Webcast Hosted by APPS 360 (an e:solutions Group company)

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Date: December 2^nd 2009

Time: 1pm EST

Presented by: Alexander Somers, Global Solution Architect

Implementing a Global solution for the eBusiness Suite can be a fraught and expensive undertaking, particularly so in Europe.

• Is Europe so different than the rest of the Oracle Universe? Do the eBusiness Subledger Accounting Engine features successfully address and resolve the European Fiscal and Statutory requirements?

• Can a global Corporation satisfy all European pre-requisite management, fiscal and statutory requirements without duplicating the primary transaction baseline into a discrete statutory reporting ledger?

• Can a Global Corporation leverage a single primary transaction General Ledger without Ledger duplication into a statutory, fiscal and management reporting engine that consolidates transparently under IFRS and US GAAP rules?

In this presentation, e:solutions Group has condensed 15 years of experience into an implementation roadmap for European countries Legal Entities (IFRS) integration into a US Corporation consolidation matrix.

Some European countries proscribe a Chart of Accounts for statutory and fiscal reporting normally necessitating a GCS solution to transfer detailed transactions or balances to satisfy this requirement. Can another solution be more efficient and twice as effective in terms of rationalizing manpower and complexity?

The presentation will outline deployed solutions and recommend approaches for:

• Leveraging 3-way reporting from the same set of books (fiscal, statutory and management) without the use of GCS and Ledger Replication.
• Bridging the GAAP’s – Leveraging European IFRS to US GAAP treatments without ledger duplication
• Evaluate the effectiveness of the Subledger Accounting Engine for European Statutory reporting
• Present solutions for intra-European cross border statutory procurement reporting
• Explain and present solutions for VAT reporting and reconciliation using the R12 Feature in the eBusiness Suite Tax Engine.
• Outline the pitfalls of European integration and suggest solutions to combat the most common preconceptions.
• Outline design consideration for eBusiness Suite in readiness for a Business Intelligence deployed framework.
  

 www.esolutionsGroup.com

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