Implementing ERP systems is not an easy task which you might think. There will be a tons of problems and risks in the overall implementation process. One of the key risks is Oracle Data Migration in E Business Suite. You may fall in difficulties while migrating data to the new system. You have to adopt a few smooth Data Migration strategies to come across the solution.
Oracle Data Migration: Transactional data that your organization preserved over years may or may not comply the format given by implementing Oracle consultants. Data requirements in the Oracle Templates aiming at data feeding and validating for the new system will drastically change your way of thinking. You have to prepare data in a given template from different sources or documents, then validate the same after initial upload which will really a painstaking and time consuming effort.
All opening balances for any manufacturing company will be very crucial for Oracle Data Migration in E Business Suite compared to a service providing company e.g Banks, Insurance Companies etc. In manufacturing companies, Account balances, Inventory balances (including Materials ,Finished Goods and Work-in-process), Open Transactions, Open Purchase Orders etc have to be scrutinized properly for the sake of reliability and accuracy of information.
Let your system not be a redundant data mine. You have to ensure duplicate data cleaning before Oracle Data migration in E Business Suite. Unless you ensure this aspect now, in future you will fall in trouble to catch a fish from a deep sea. Any Integrated ERP System can be compared to an Ocean of information from where you have to extract data for analysis. The more redundant data you will keep now the more will be timeliness issue in future.
Before Oracle data migration in E Business Suite, first you have to normally Close a Period after closing transactions under different sub-modules, Summarize and prepare an Opening Trial Balance, upload it for Financial Statements generation purpose, then upload all open transactions in all modules and sub modules and then run the process at month end. Open transactions will mean the transactions within lead time (from last Closing period and upload period). You should adopt a number of proper data migration strategies. You can use data migration software to heal the pain.
