In Oracle 11i and R12, you could set up a profile option named Flexfield:Shorthand Entry to Yes
This will allow the users to quickly select code combination by selecting an alias value. This saves a lot of time for the business users when entering commonly used code combination in the accounting flexfield.
We get this asked very frequently in Fusion Financials training course at apps2fusion as to why can't they use alias in Fusion Apps for the key flexfield
In response to this quesiton, it is recommended that you keep an eye on this enhancement request raised with Oracle, i.e. ER 18118900 GL ACCOUNT ALIAS FUNCTIONALITY IN FUSION APPS with Oracle GL Fusion Development
We are fairly confident that this will be delivered in the due course. The manual journal entry through the web screen is anyways much slower than the D2K based professional forms used in 11i and R12. One alternative or workaround to this shortcoming in Fusion Financials is to use Web ADI equivalent in Fusion Financials. It is called the ADF Desktop Integrator.
So what is ADFDI?
It leverages ADF framework and offers Excel spreadsheet templates to provide validated data entry into Oracle Fusion Applications. Just as was the case with Web ADI, this new ADFDI provides LOV/pick lists to search for valid values during data entry, can throw error messages, and allows submission of transactions into the Oracle database directly from Excel Spreadsheet