Reference Data Sets in Fusion

Reference Data set is a new concept available in Oracle Fusion Application and Reference Data Sets allow sharing and partitioning of data elements For eg: Payables Payment Terms. Oracle fusion provides a default Reference Data set which can be used across all Business units. However, we can define our own Reference data sets.

Main advantage of using Reference Data Sharing is to help organizations share common transactional data without unnecessary duplication.

For example, if organization has several business units and each business unit uses different payment terms on a customer invoice. Instead of each business unit creating and maintaining individual payment terms, one can define the payment terms reference data at the organization level and use that data into partitions (create reference data sets) so that the different payment terms can be assigned to each business unit.

Note: There are two default RDS that Oracle provides i.e COMMON and ENTERPRISE

How to create a new RDS?

N: Task: Manage Reference Data Sets à Click on it à Go to Task
Click + to create

Set Code	Set Name	Description
CP_US_BU_Set	CP US BU Set	CP US BU Set

Save and Close.