You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more
Somewhere between a rant and an “Is this really true?”…
Working on an Oracle system implementation, and testing the VAT codes.
I’ve just been told that the standard Oracle VAT report does not report the VAT codes, and the consultants will need to build a custom report to display them.
To me, a system that doesn’t include the VAT codes on the VAT report is not fit for purpose; am I expecting too much, or is it a configuration issue?
I've never used Oracle and never specified accounting packages at that level of depth - but for anyone building a finance system on Oracle (rather than some pure accounts system for non-accountants) is everything not just a custom report? Yes there may be a bunch of off the shelf "standard" reports, but everything is built how you want it to pull out a present the information you want and display it how you want? and the standard reports are really just templates for you / the implementation folks to modify?
I worked on the first implementation of Oracle Financials into Europe (North American based corporate), mid 90's. First time their VAT functionality had been 'tested', as up to then, only worked on Sales Tax.
It was a nightmare, and the global project team only took notice when the Electricity Board turned up one day to switch the power off (failure of the software to manage & pay suppliers), to our Rolling Mills...
I kinda 'assumed' they moved on...
I have a (somewhat irrational) hatred for anything Oracle. It wouldn't surprise me if any product they offer isn't fit for purpose and you get screwed for additional costs to make it functional - that's pretty much the way they do business.
And don't get me started on their licensing terms, we had to build a separate cluster recently just to host a single VM otherwise the Oracle licence cost would have been an additional £20m (and we had to pay for Oracle consultancy to even get a straight answer on that).
Other cloud based enterprise finance systems are available 😉
We didn’t spec the system.
I think everyone who is working on the system would rather use SAP.
Make of that what you will.
And don’t get me started on their licensing terms
I was half expecting it to end with "Oracle says getting vat codes out of the system is an additional licence".
I think everyone who is working on the system would rather use SAP.
Shudder!!
I’ve never used Oracle and never specified accounting packages at that level of depth – but for anyone building a finance system on Oracle (rather than some pure accounts system for non-accountants) is everything not just a custom report?
In theory. In a solution I am more familiar with which uses an object data model, if the report is not already there, you would simply configure an existing report (if available) to include the new column. In a system that relies on relational databases, I believe that this does require that the data resides in the same table, otherwise it's an export into a data warehouse and a report run using a BI tool (I may be proved wrong on this, but I'm not a techie).