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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.







Each entity is identified by unique identifier or primary key from the underlying tables.

Comments   

0 #1 Charles Mafra 2010-11-30 21:57
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.

Kee p teaching us Anil! You are great
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0 #2 Arun Reddy 2010-12-23 01:44
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.
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0 #3 Kavi Prabhakar 2011-01-06 14:30
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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0 #4 Alan 2011-04-07 22:20
This is a great article and also provided very much detailed explanation and screen. Thank you very much.
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0 #5 Shrikant Karnik 2011-05-09 07:25
This is a good document on explaining the concept of Entity, Event class and Event Type.
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0 #6 Eswari 2011-11-01 16:11
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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0 #7 Mehul Mandge 2013-06-30 13:31
Well explained...jus t the right kind of article one might be looking for to take off on SLA
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