Segment Values & Value Attributes

 Segment Values & Value Attributes 
in Oracle EBS General Ledger

Introduction

In Oracle E-Business Suite General Ledger (GL), segment values play a critical role in defining the

Chart of Accounts (COA). Before creating segment values, it is essential to understand Value

Attributes and Account Types, as they determine how transactions behave in the system.

Step 1: Understand Value Attributes

• Summary – Used as a parent value for reporting and rollup purposes.
• Allow Posting – Enables journal posting to this segment value.
• Allow Budgeting – Allows budgets to be defined for the value.
• Account Type – Defines financial classification (Asset, Expense, etc.).
• Third Party Control Account – Used for subledger control accounts; prevents manual posting.
• Reconcile – Enables reconciliation functionality.
• Financial Category – Used for financial reporting classification.

Step 2: Understand Account Types

• Expense – Costs incurred in business operations.
• Revenue – Income generated from business activities.
• Assets – Resources owned by the organization.
• Liabilities – Obligations or debts of the organization.
• Owner’s Equity – Capital invested by owners/shareholders.
• Budget Debit (Budget Dr.) – Used in budgeting (Debit side).
• Budget Credit (Budget Cr.) – Used in budgeting (Credit side).

Step 3: Methods to Create Segment Values

• Manual Creation – Directly create values within the application (suitable for small volumes).
• Rapid Implementation – Used for bulk upload and large organizations.

Navigation Path

Financial -> Financial Reporting Structures -> Manage Chart of Accounts Value Sets

Conclusion

Proper understanding of Value Attributes and Account Types ensures accurate financial reporting,
controlled posting, effective budgeting, and compliance with accounting standards. A
well-structured Chart of Accounts improves financial transparency and operational efficiency.

Assign Default Values to Key Flexfield Segments

                      

                                 Technical Guide

This document provides a structured functional and technical explanation of assigning
default values to Key Flexfield (KFF) segments in Oracle Fusion Cloud Financials.

1. Business Objective

Defaulting segment values improves transaction efficiency, reduces manual errors, and
ensures consistent accounting behavior across the organization.

2. Functional Configuration Steps

• Navigate to Setup and Maintenance.
• Search for 'Manage Chart of Accounts Structure'.
• Edit the required segment (e.g., Cost Center).
• Choose Default Type (Constant, SQL Expression, Profile Option, Segment Reference).
• Enter the Default Value.
• Save and Deploy Flexfield (Mandatory Step).

3. Technical Architecture Overview

During flexfield deployment, the system compiles metadata, regenerates runtime
structures, refreshes application cache, and activates defaulting logic within the UI layer.
Subledger Accounting (SLA) rules may override UI defaults during accounting generation.

4. Advanced Defaulting using SLA

For dynamic derivation based on transaction type or business conditions, configure
Account Rules under 'Manage Account Rules'. This enables conditional accounting logic
beyond static defaults.

5. Common Issues & Resolution Matrix

Conclusion: 

Assigning default values in Oracle Fusion Cloud is a strategic configuration
decision that enhances financial governance, operational efficiency, and accounting
consistency.

 Understanding Flexfields in Oracle Fusion                                    Applications

Flexfields are one of the most powerful and customizable features in Oracle Fusion Applications. They enable organisations to configure additional fields, capture business-specific information, and maintain structure without modifying the core application code.

A Flexfield is essentially a field made up of multiple segments, where each segment captures a piece of information. Flexfields allow businesses to store structured data in a flexible way.

There are three main types of Flexfields in Oracle:

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1. Key Flexfields (KFF)

Key Flexfields are mandatory flexfields used to capture key, essential, and uniquely identifying information of an organisation. They help structure transactional and reference data in a logical format.

Examples:

• GL Accounting Flexfield (used for creating the Chart of Accounts)
• Item Flexfield
• Location Flexfield

Key Points:

• Key Flexfields exist in Fusion Applications across modules.
• In General Ledger (GL), the Accounting Flexfield is used to build the Chart of Accounts (CoA).

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Chart of Accounts (CoA) Setup in Fusion

The Chart of Accounts defines how financial information is recorded and reported. It consists of segments that represent different accounting dimensions, such as Company, Department, Cost Centre, Account, Project, etc.

CoA Segment Rules

• Maximum Segments: 30
• Minimum Segments: 2
• Primary Balancing Segment
• Natural Account Segment

These minimum segments ensure that accounting entries are balanced and classified correctly.

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Step 1: Create Value Sets

Before creating CoA segments, you must create Value Sets, which control:

• What data can be entered
• How the values are validated
• Formatting rules such as length, type, or range

Navigation:
Setup and Maintenance → Financials → Financial Reporting Structures → Manage Chart of Account Value Sets → Create

Types of Validation for Value Sets

Independent Value Set

• Requires you to manually create segment values.
• Only values defined in the value set can be used.
• Commonly used in CoA segments like Company, Department, Cost Centre, etc.

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2. Descriptive Flexfields (DFF)

Descriptive Flexfields are optional fields used to capture additional information not available in the standard Oracle form.
You can configure DFFs at:

• Header level
• Line level
• Entity level

DFFs are widely used to store business-specific attributes without customisation.

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3. Extensible Flexfields (EFF)

Extensible Flexfields are an advanced version of DFFs, allowing you to create:

• Multiple contexts
• Multiple attribute groups
• Hierarchical data structures

EFFs are commonly used in:

• Procurement
• Inventory
• Product Management
  They are designed to support complex data capture requirements.

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