Shared Entities

The financial application suite of products shares a common data model and a set of integrated applications to give the enterprise a holistic view of their data. This enables the enterprise to view their business/financial information in a consolidated view and assist in their making informed decisions.

The product also share-due to this tight integration-data elements across them so that an entity (say an employee) that has been setup in one product is the same entity(employee) that is used across all products that require that entity. This reduces maintenance overhead and leads to accuracy in the data that is used across the products.

Shared entities allows one-time definition of a business object so that it can be used across various modules. The ownership of a shared entity within a business organization may vary but technically the ownership is linked to the single module.

Here is list some often used shared entities with corresponding product owners:

Shared Entity                               Owner of shared entity

Unit of Measure                               Inventory

Items                                                Inventory

Suppliers                                          Purchasing

Customers                                        Receivables

Salespersons                                    Sales

Employees                                        Human Resources

Locations                                          Human Resources

Currencies                                        Application Object Library

The Application Object Library (AOL) is a technological layer that owns a lot of internal data elements and currencies happen to be part of this product.