How to Prepare Your Oracle ERP for Internal Audit: A Data Checklist

Introduction

If your organization runs on Oracle EBS or Oracle Fusion Cloud, you already know how mission-critical ERP data is during an internal audit. But while financials and processes may be tight, data integrity is often the weak link — especially when uploads happen outside of clear governance controls.

From untracked journal entries to supplier updates with no attachment evidence, small data issues can lead to serious audit flags.

This article provides a practical, ERP-specific checklist to prepare for your next audit — and shows how tools like API Wizard help you stay ready year-round.

Why ERP Data Is a Top Audit Concern

Internal auditors look beyond balances and reconciliations. They often ask:

  • Who created or changed this data?
  • Was it approved?
  • Is there an attachment to support it?
  • Can you trace the update from entry to effect?
  • Were controls bypassed?

If you’re using manual entry, inconsistent loaders (FBDI, Web ADI, ADFdi), or shared spreadsheets without logs — your ERP may fail the transparency test.

The Oracle Audit-Readiness Data Checklist

Use this checklist to assess your current Oracle ERP data practices:

AreaKey QuestionsAPI Wizard Advantage
User AccessWho can load data? Is access role-based?Excel templates restricted by user, BU, and function
Upload Audit TrailCan you track who uploaded what and when?Full logging of username, timestamp, template version
Error LoggingAre upload errors visible and stored?Validations run before upload, errors flagged in Excel
Approval EvidenceAre approvals traceable and linked to transactions?Optional approval fields and document attachments supported
AttachmentsCan you attach memos, forms, etc., at time of load?Attach directly from Excel rows (e.g., PDF, DOCX, XLSX)
Master Data ValidationAre uploads validated against current Oracle data?LOVs and rules ensure only valid values pass through
Custom LogicCan you enforce rules for specific teams or data types?Custom templates per process, department, or region

Common ERP Audit Gaps

Here are 5 recurring data-related audit issues we’ve seen across Oracle customers:

  1. Manual Journal Entry Without Supporting Docs
  2. Unapproved Supplier Record Created Before Vendor Due Diligence
  3. Projects Modified Post-Go-Live Without Trail
  4. Incorrect Accrual Entries Due to Excel Copy-Paste Errors
  5. User Access Not Aligned to BU/Legal Entity Scope

Most of these stem from poorly governed loader tools — or lack of loaders altogether.

How API Wizard Closes the Audit Gaps

API Wizard is built with audit-readiness as a core design principle. Features that support internal controls include:

  • Template-level user access
  • Embedded Excel validations and logic
  • Audit logging by record and user
  • Document attachment from Excel
  • Dynamic LOVs and master data sync
  • Optional workflow fields (approvals, reviewer ID)

All without writing a single line of code — and available for Oracle EBS or Oracle Fusion Cloud.

Pro Tip: Use This During Your ERP Audit

When your audit begins, share a list of all data loads done via API Wizard — complete with log files, approval fields, and attachment paths. You’ll stand out as an organization with strong, automated data governance.

Summary: 5 Quick Wins Before Your Audit

WinWhat to Do
🚀 Centralize data loadsUse governed templates for high-risk transactions
🔐 Control user accessRestrict by template or BU
📎 Attach documentsAdd justifications with the data
🧾 Log uploadsKeep clear logs of every action
✔️ Validate firstPre-check data in Excel before upload

Ready to simplify Oracle ERP data entry?

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