http://www.checklist20.com/bestpractices.htmlDatabase Checklisthttp://www.checklist20.com/bestpractices.html#cid=158&cn=Oracle Financials&tid=371&tn=Selecting something new ...Select new ... ...  View More]]>http://www.checklist20.com/bestpractices.html#cid=158&cn=Oracle Financials&tid=253&tn=Ensure that the date range for your calendar Ensure that the date range for your calendar includes the 29th day of February in leap years. Check the calendar validation report before using the calendar for setting up ledgers. You can change any of a period's specifications, except for ...  View More]]>http://www.checklist20.com/bestpractices.html#cid=158&cn=Oracle Financials&tid=260&tn=Stay Current with Latest Information Monitor the E-Business Suite Information Center (on Oracle MetaLink, click the Headlines tab, E-Business Suite sub-tab) for the latest information on certifications, Release Update Packs, diagnostics, documentation resources, and so ...  View More]]>http://www.checklist20.com/bestpractices.html#cid=158&cn=Oracle Financials&tid=259&tn=Stay Current with Latest Code Take advantage of the latest available Release code. For example, stay current with Release Update Packs (RUPs), which consolidate the latest maintenance fixes for the release. It is particularly important for Financials customers to keep c ...  View More]]>http://www.checklist20.com/bestpractices.html#cid=158&cn=Oracle Financials&tid=258&tn=Run reports to balance within payables After closing the periods in Payables and General Ledger, run the needed reports to balance within Payables. This would typically include the Trial Balance, Posted Invoice Register, and Posted Payment Register reports. You’ll also need ...  View More]]>http://www.checklist20.com/bestpractices.html#cid=158&cn=Oracle Financials&tid=257&tn=Enable control accounts if manual entries need to be prevented Ensure that accounts used as liability accounts, and that need reconciliation, are not used for any other purpose. For example, such accounts should not be used in any other subledger and no manual entries should be made against them. T ...  View More]]>http://www.checklist20.com/bestpractices.html#cid=158&cn=Oracle Financials&tid=256&tn=Review information for 1099 payment Periodically review the information for accuracy and completeness once you begin creating 1099 payment information for 1099 suppliers. Payables provides the following 3 standard reports: 1099 Supplier Exceptions Report 1099 Inv ...  View More]]>http://www.checklist20.com/bestpractices.html#cid=158&cn=Oracle Financials&tid=255&tn=Schedule Create Accounting program Schedule a concurrent request to run the Create Accounting program on a regular basis (at least daily) to identify invoices that are not getting accounted. ...  View More]]>http://www.checklist20.com/bestpractices.html#cid=158&cn=Oracle Financials&tid=254&tn=Schedule Invoice Validation Program Schedule a concurrent request to run Invoice Validation program on a regular basis (at least daily) to determine if there are invoices that are not getting validated. ...  View More]]>