Introduction to Oracle Financials

• Integration among Financials

System Administration

• Define Users and assign Responsibilities
• Concept of Concurrent Programs / Reports
• Concept of Profile Options and their significance

Journal Entry JE

• Recurring / Tax / STAT / Suspence / Reverse
• Mass Alocation / Conversion / Intercompany

Genera ledger

Configuration / Setup

• Define (Non-ISO) or Enable (ISO) Currencies
• Design Accounting Calendar
• Concept of Flex fields in Oracle Applications
• Difference between Key and Descriptive Flex fields
• Design Value Sets and Define Values
• Design Chart of Accounts and Considerations
• Design Set of Books
• Assign Set of Books to Responsibilities

Journal Processing

• Enter Manual Journals
• Post individual and multiple
• Journals Automate Journal posting
• View Account Balances online
• Run reports to view account balances
• Reverse Journals after posting
• Automate Journal Reversals

Inter-company Journals: Processing and Issues

• Inter-company Journals: Processing and Issues

Design Suspense Accounts

• Design Suspense Accounts

Journal Approvals

• Journal Approvals

Journal Entry Tax and its relevance

• Journal Entry Tax and its relevance

Rollup Groups and Summary Templates

• Rollup Groups and Summary Templates

Document Sequence for journals

• Document Sequence for journals

Import Journals from other applications, Legacy Systems

• Import Journals from other applications, Legacy Systems

Budgets

• Enter Budgets Manually
• Post Budgets
• View Budget or Fund Balances

Revaluation

• Revaluation

Need for Revaluation

• Design the template

Translation

• Business Consideration
• View Balances

Consolidation

• Business Needs
• Map Subsidiaries to Parent
• View Results

Multiple Reporting Currencies

• Business Needs
• Advantages and Limitations

Accounts Receivables

• Accounts Receivables

Configuration / Setup

• System Options
• Auto accounting
• Grouping rules
• Other setup steps

Define Customers

• Define Customers

Invoice Processing

• Standard Invoices
• Credit Memo/ Debit Memo
• Customer Advance
• Recurring Invoices
• Import Invoice using AutoInvoic Import

Adjustments to Invoices

• Editing
• Cancellation

Receipts Processing

• Individual/ Batches
• Open Receipts
• Apply against invoices
• Supplier/ Customer knockoff

Adjustments to Receipts: Editing/ Cancellation

• Adjustments to Receipts: Editing/ Cancellation

Accounting Events: Introduction/ Transfer to GL

• Accounting Events: Introduction/ Transfer to GL

Bills Receivables

• Bills Receivables

Cash Management

Enter Bank Statements

• Manual Entry
• Import Statements from bank (Concept)

Reconciliation

• Manual
• Automatic

Cash Forecasting

• Cash Forecasting

Cash Positioning

• Data Migration/ Conversion
• Open Interfaces

Oracle Payables

Multiple Organizations

• Need for multiple organizations
• Business Group
• Legal Entity
• Operating Unit
• Inventory Organization

Configuration / Setup

• Map Set of Books
• Design Financials Options
• Design Payable Options
• Create Bank Accounts
• Payment Terms/ Distribution Sets
• Taxes (Input, Offset, Recoverable, Withholding)
• Special Calendars
• Control Accounting Periods

Create Suppliers and Employees

• Create Suppliers and Employees

Invoice Processing

• Standard Invoices
• Credit Memo/ Debit Memo
• Expense Reports (Employee Reimbursements)
• Prepayments (Supplier Advances)
• Recurring or Regular Invoices
• Quick Data Entry
• Create A/c entries and transfer to GL

Adjustments to Invoices

• Edit Invoices
• Cancellation

Hold Invoices

• Hold Invoices

Import invoices from other applications

• Import invoices from other applications

Payment Processing

• Individual Payments
• Batch Payments
• Void/ Cancellation
• Payment Reconciliation
• Integration with Cash Management
• Accounting Events

Transfer Assets to Fixed Assets

• Editing Cancellation

Fixed Assets

• Setup Calendar
• Setup category
• Setup Asset Book Asset Addition
• Asset Retirement
• Asset Revaluation
• Mass Additions
• Lease Asset