HCM#001: What is Oracle Fusion Functional Setup Manager (FSM) ?

Oracle Fusion Functional Setup Manager (FSM) is an application that provides an end-to-end guided process for managing your functional implementation projects throughout the entire implementation life-cycle.

HCM#011: What is Business Unit and How do we create it through ESC ?

Business Unit works as an Unit of an enterprise that performs one or many business functions that can be rolled up in a management hierarchy.

Normally, it will have a manager, strategic objectives, a level of autonomy, and responsibility for its profit and loss.

HCM#012: What is Reference Data Sets in Fusion ?

Reference data sharing facilitates sharing of configuration data such as jobs, grades across business units.

It can be understood as buckets of reference data assigned to multiple business units.

HCM#010: What is Legal Entity and How do we create it through ESC ?

Define a legal entity for each registered company or other entity recognized in law for which you want to record assets, liabilities, expenses and income, pay transaction taxes, or perform inter-company trading.

HCM#009: What is Division and How do we create it through ESC ?

Division used to Segregate multiple businesses by their strategic objectives and measure their results.

Companies may choose to represent product lines, brands, or geographies as their divisions.