Automatically Generate Accrual Clearing Summary

You can now automatically generate a summary for manual accrual clearing, which ensures compliance and improves efficiency.

When clearing accruals, users now have an option to quickly generate detailed reason using Generative AI. Detailed Reason is a new attribute introduced in the Open Accrual Balances page which lets you provide a detailed explanation for performing the accrual clearing. Generative AI can be enabled on this field which lets you to automatically generate a detailed reason based on parameters like Age, Reason Code, and Amount.

Use AI Assist to auto generate a detailed reason when clearing open accruals

Use AI Assist to auto generate a detailed reason when clearing open accruals

Here are some of the benefits of this feature:

  • Enhanced compliance when writing off accruals. Generate AI assists you in writing an auditable reason description for clearing accruals.
  • Reduces the time and effort required for manual data entry and review, allowing you to focus on higher-value tasks.
  • Standardized and clear documentation for auditing.

Steps to Enable

Here are the steps to enable the AI Assist button on the Open Accrual Balances redwood page:

  • Click Edit Page in Visual Builder Studio under Settings and Action.
  • On the Page Properties panel, set the SHOW_AI_ASSIST parameter to true.

Tips And Considerations

  • The AI Assist button is enabled when accrual clearing is performed one record at a time. 
  • Reason is a mandatory field and AI Assist button is enabled only when a few keywords are provided.
  • Detailed Reason is generated based on the reason keywords provided by the user as well as additional attributes such as amount and age of the open accrual record.
  • You should review the detailed reason automatically generated using the AI assist and make necessary modifications as required.

Key Resources

  • Oracle Fusion Cloud SCM: Using Supply Chain Cost Management Guide, available on the Oracle Help Center.

Access Requirements

Users who are assigned a configured job role that contains these privileges can access this feature:

  • Adjust Receipt Accrual Balances (CMR_ADJUST_RECEIPT_ACCRUAL_BALANCES_PRIV)
  • Adjust Receipt Accrual Balances by Web Service (CMR_ADJUST_RECEIPT_ACCRUAL_BALANCES_WEB_SERVICE_PRIV)