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Tuesday, 30 November 2010 00:00 Anil Passi
SLA Part 2 Entities - Event Class - Event Types
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In this article you understand some of the basics fabrics/terminology used in SLA, i.e.
Entities, Event Classes and Event Types. It is important for you to
understand the variables within SLA engine which influence
whether an accounting entry needs to be generated for a specific
event within subledger like Payables or Receivables. For example
in Procurement, there may be a need to generate accounting
whenever a Purchase Order is encumbered. In case of SLA, the
activity of "Encumbrance" against a Purchase Order is known as
Event Type.
Likewise when a Payables Invoice is Validated, then you may want to create an
accounting entry. In this case the "Invoice Validation" is an "Event Type". And your
accounting rules for Invoice Validation will be attached against this specific "Event
Type".
For Payables, an INVOICE transaction and a PAYMENT transactions are known as
Entities within SLA.
Entities can be subdivided into various "Event Classes", for example Credit Memo,
Debit Memo, Expense Reports, Invoices etc.
Further to this, against the Event classes we define Event Types, for example,
whenever your Invoice is validated or cancelled or adjusted, you may want some
specific accounts in the General Ledger to be impacted. Event types are therefore the
types/list of events against transactions which you wish to account for in General
Ledger.
This is explained in the diagram below.
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Advantage of SLA in R12 x 11i
written by Charles Mafra , November 30, 2010
As Anil, is saying, one advantage of R12 is the identifier column, which helps developer to create
better and easier reports to drilldown data and link them back to the sources (modules).
In 11i, we need to rely on the reference columns and figure it out how to map this back to a PO or
Invoice for instance. Now with R12, using the proper XLA tables, it is easier to drilldown.
Keep teaching us Anil! You are great
Votes: +4
report abusevote downvote up
Excellent documentswritten by Arun Reddy , December 23, 2010
Dear Anil,
All of your documents are excellent. Basics are taught well.
Many thanks for your initiatives to help others.
Keep posting.
Best Regards,
Arun Reddy D.
Votes: +5
Manager
written by Kavi Prabhakar , January 06, 2011
This is a wonderful article and provided very good insights about Events, Event Types and
Entities with in SLA. Keep it up!.
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written by Alan , April 07, 2011
This is a great article and also provided very much detailed explanation and screen. Thank you
very much.
Votes: +0
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Understanding SLAwritten by Shrikant Karnik , May 09, 2011
This is a good document on explaining the concept of Entity, Event class and Event Type.
Votes: +0
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written by Eswari , November 01, 2011
I like all your articles especially related to functional
When I went for an interview they asked me some question I told them just type Anil Passi they
were all started laughing
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Last Updated ( Sunday, 28 November 2010 08:41 )
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