Oracle Cloud Fusion Financials Training

Oracle Fusion Financials is a complete financial management solution. It reduces time wasted on ineffective searches by arming users with the precise information they need at the right time. Configurable, role-based dashboards consolidate information from a variety of sources, proactively monitor processes, and push exceptions to various finance roles so they can take immediate action.

It includes a broad suite of capabilities including general ledger, accounts payable, accounts receivable, fixed assets, and cash management. This course helps you build your Enterprise Structure including Legal Entity, Ledgers, Business Units etc. It starts with how to create an Implementation Project, Access the Task List and gives Sequential Steps of Setups required for Configuring these Modules:

– Fusion General Ledger
– Fusion Payables
– Fusion Receivables
– Fusion Assets and
– Fusion Cash Management

Instructor-Led Live Online Training

  • Flexible Timings
  • Industry Experts Trainers
  • Multiple Training Delivery Models
  • Customize Course
  • Application Access
  • 24/7 Support
  • Hands On Experience
  • CV Preparation help
  • Job Support
  • OraERP community membership
  • Exclusive Facebook group

Upcoming Batches

  • 13, 14, 15, 16, 17 Oct 2017
  • 24, 25, 26, 27, 28 Oct 2017
  • 10, 11, 17,18, 19 Nov 2017
  • 24, 25, 26, 27,28 Nov 2017
  • 5, 6, 7, 8, 9, 10 Dec 2017
  • Can’t find the schedule that suit your need
  • Contact us, we will start a new batch

This course objectives are:

  • Identify the key concepts of Oracle Financials Rapid Implementation that determine a successful implementation.
  • Use the Oracle Functional Setup Manager (FSM) to implement Oracle Financials.
  • Discuss the common applications configuration for Financials.
  • Understand integration points, implementation considerations, and enterprise structures.
  • Setup Oracle Fusion General Ledger
  • Use General Ledger including journal entries, allocations, intercompany entries, budgeting, consolidations, and financial reporting.
  • Identify the key of Oracle Fusion Cash Management.
  • Use the Oracle Functional Setup Manager(FSM)to maintain Cash Management.
  • Set up and maintain banks, branches, and bank accounts.
  • Configure Fusion assets.
  • Explain and execute the asset management process.
  • Manage asset additions and mass additions.
  • Effectively manage depreciation.
  • Manage asset adjustment and retirement.
  • Process asset accounting for corporate and tax books
  • Create and generate allocations
  • Explore the configuration of enterprise structures and the related Vision Corporation story.
  • Run revaluations and translations.
  • Create and post journal entries.
  • Use General Ledger budgeting.
  • Explore consolidation and reporting currencies.
Audience: 
  • EBS Finance Consultant
  • Business Analysts
  • Financial Analyst
  • Financial Reporting Manager
  • Cloud User
  • End Users
  • Accountant
  • Students having Finance, Accounts background and want to become Cloud Functional Consultant

Day-1

FUNCTIONAL SETUP MANAGER OVERVIEW

  • Getting Started in Oracle Fusion Applications
  • Overview of Oracle Fusion Functional Setup Manager
  • Overview of the Functional Setup Manager
  • Implementation Overview
  • Browsing and Configuring Offerings

OVERVIEW OF COMMON APPLICATIONS CONFIGURATION

  • Defining Enterprise Structures
  • Configuring Enterprise Structures Overview
  • Defining Geographies
  • Defining Legal Jurisdictions and Authorities
  • Managing Legal Entities
  • Managing Legal Reporting Units
  • Managing Business Units

ORACLE FUSION GENERAL LEDGER

  • Defining Chart of Accounts Components
  • Sharing Ledger Components Across Oracle Applications
  • Accounting Configuration Prerequisites
  • Creating Chart of Accounts
  • Building the Chart of Accounts Structure

DEFINING SEGMENTS

  • Defining Segment Values
  • Assigning Segment Attributes

DEFINE VALUE SETS AND VALUES

  • Validation and Value Sets
  • Assigning Segment Labels

DEFINING RULES

  • Creating Chart of Accounts Structure
  • Chart of Account Instance

ACCOUNT HIERARCHIES: OVERVIEW

  • Create Account Hierarchies
  • Maintain Segment Value Attributes
  • Deploy Flexfields
  • Enabling Account Combinations
  • Manage Segment Value Attributes
  • Defining Segment Value Security Rules

MANAGE ACCOUNTING PERIODS

  • Adding Calendar Year
  • Auditing Calendar

MANAGING CURRENCIES OVERVIEW

  • Currencies Overview
  • Conversion Rate Types Overview
  • Explain Cross Rate Rules
  • Daily Rates Overview

Day- 2

LEDGERS

  • Define Ledgers and Ledger Components
  • Manage Primary Ledger
  • Managing Reporting Currencies
  • Reporting Currencies Conversion Levels
  • Define Secondary Ledgers
  • Secondary Ledgers Conversion Levels
  • Secondary Ledgers Mapping
  • Balance Cubes Overview
  • Balance Cube Dimensions
  • Manage Ledger Sets

PERIOD CLOSE COMPONENTS

  • Period Close Checklist
  • Journal Import Verification Process
  • Historical Rates
  • Foreign Currency Translation
  • Consolidating Ledgers
  • Performing Account Inquiry

ALLOCATIONS

  • CREATING ALLOCATIONS RULE SETS AND COMPONENTS
  • Journal Allocations Requirements
  • Step Down Allocation Example
  • Journal Allocations Concepts
  • Journal Allocations – Best Practices

REVALUATIONS AND TRANSLATIONS

  • Revaluation and Translation Setup
  • Revaluation Overview
  • Revaluation Example
  • Translation Overview

FINANCIAL REPORTING

  • Financial Reporting and Analysis
  • Multi-Dimensional Analysis on Live Data
  • Help with completing Hands On Exercises

PAYABLES CONFIGURATION

  • Define Business Unit
  • Supplier Configuration
  • Supplier lookups and Business Classifications
  • Define Common Options for Payables and Procurement
  • Manage Payables Lookups
  • Document Sequence
  • Invoice Holds and Releases
  • Define Payment Methods
  • Overview of Payables Approval

PERFORM INVOICE TRANSACTIONS

  • Create Suppliers
  • Create Invoices online – Explain PO matching and direct invoices
  • Create Invoice through spreadsheet

Day- 3

PAYMENT CONFIGURATION

  • Configure Payment System
  • Manage Payment Formats (BI Template and configuration)
  • Payment Process Profile
  • Bank Account Configuration
  • Payment System Options

PAYMENT PROCESSING

  • Quick Payment
  • Execute Payment Batch

PERIOD CLOSE

  • Create Accounting
  • AP to GL reconciliation
  • Payables Period Close Checklist
  • Payables Period Close
  • Basics of Payables Reporting through 0TBI – Explain Subject Areas

ORDER TO CASH LIFECYCLE OVERVIEW

  • Order to Cash Overview
  • Integration with Other Applications
  • Business Unit Positioning in Order to Cash Flow

MANAGE PARTIES AND CUSTOMER ACCOUNTS

  • Party Model and Features
  • Profile Classes
  • Customer Entry Methods

PROCESS INVOICES

  • Overview of Invoice Configuration
  • Overview of Auto Invoice Process
  • Overview of Invoice Process

PROCESS RECEIPTS

  • Overview of Receipts Setup
  • Overview of Receipt Process
  • Receipt Entry Methods
  • Types of Receipts
  • Overview of Lock Boxes
  • Overview of Automatic Receipts

RECEIVABLES REPORTING

  • Overview of Standard Reports
  • Overview of Ad hoc Reporting using OTBI
  • Overview of BI Publisher

Day- 4
ORACLE CASH MANAGEMENT OVERVIEW

  • Describe Key Feature of Oracle Cash Management
  • Key Concepts of Bank Account Model
  • Key Concepts of Reconciling Bank Statements Cash Management Configuration
  • Bank Master Maintenance
  • Bank Statement Transaction Codes
  • Bank Statement Reconciliation Rules

CASH MANAGEMENT INTEGRATION WITH OTHER APPLICATIONS MANAGING BANK STATEMENTS

  • Enter and Import Bank Statements
  • Bank Statement Open Interface
  • Reviewing and Correcting Bank Statement Errors Managing Bank

RECONCILIATION

  • Overview of Bank Reconciliation
  • Auto Reconciliation Matching
  • Manual Reconciliation Matching
  • Cash Management Reporting

Day- 5
ASSETS OVERVIEW

  • Fusion Assets Overview
  • Assets Configurations

FUSION ASSET CONFIGURATION OVERVIEW

  • Managing Asset Key Flex Fields
  • System Controls
  • Managing Fiscal Years and Calendars
  • Managing Asset Books
  • Managing Asset Categories

ASSET ADDITIONS

  • Manual Asset Additions
  • Mass Asset Additions
  • CIP Asset Additions
  • Asset Adjustments

DEPRECIATION

  • Depreciation Rules
  • Depreciation Methods
  • Managing Depreciation

RETIREMENTS

  • Asset Retirements
  • Asset Reinstatements

ASSET REPORTING

  • Tax Books
  • Tax Book Concept
  • Setting up a Tax Book
  • Managing Tax Books

Oracle ERP Cloud Fusion Financials Applications Training – 5 Days

Cost: $539.00

Register for Training

 

Verification

Every Month New Batch is starting.

Timing:  (2 Hours Classes) 06:00PM GST/GMT+4 | 07:30PM IST | 07:00AM PST | 07:00AM MST | 09:00AM CST | 10:00AM EST | 07:00PM GMT+5

Boot camp: 09:00 AM To 05:00 PM (Hosted Country Local Time).

 

 

 

  • Hands on Exercises will be provide as part of Training
  • You have to work like in a real life project to complete implementation of Financials Project
  • You can chose sample project based on different industries like Health Care, FMCG, Public Sector, etc

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