Oracle Fusion Financials Cloud V1.1 (16A)
Advantages with Fusion Financials:
Deliver real-time, accurate information to users at all levels.
Increase productivity with role-based dashboards that bring work, information, and relevant tasks directly to finance users’ desktops.
Ensure all users work from the same source of information with a single data source.
Make better decisions when entering transactions with embedded transactional intelligence.
Increase shared services efficiency with a scalable, global platform.
Enforce regulatory compliance and corporate policies across business processes with automated workflows and approvals.
Manage enterprise risk and reduce compliance costs with end-to-end processes for governance, risk, and compliance.
Plan and forecast with better precision and close your books faster with delivered integration with the market-leading planning and consolidation solutions.
Adopt Fusion Financials with your choice of deployment options, such as on-premise, private cloud, public cloud, or a hybrid approach.
In This Module We Will Learn
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
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
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
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
DEFINING SEGMENTS
- Defining Segment Values
- Assigning Segment Attributes
DEFINING RULES
- Creating Chart of Accounts Structure
- Chart of Account Instance
MANAGING CURRENCIES OVERVIEW
- Currencies Overview
- Conversion Rate Types Overview
- Explain Cross Rate Rules
- Daily Rates Overview
DEFINE VALUE SETS AND VALUES
- Validation and Value Sets
- Assigning Segment Labels
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
ALLOCATIONS
- Creating Allocations Rule Sets and Components
- Journal Allocations Requirements
- Step Down Allocation Example
- Journal Allocations Concepts
- Journal Allocations – Best Practices
PERIOD CLOSE COMPONENTS
- Period Close Checklist
- Journal Import Verification Process
- Historical Rates
- Foreign Currency Translation
- Consolidating Ledgers
- Performing Account Inquiry
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
- Create Invoice through spreadsheet
PAYMENT CONFIGURATION
- Configure Payment System
- Manage Payment Formats
- 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 OTBI
ORDER TO CASH LIFECYCLE OVERVIEW
- Order to Cash Overview
- Integration with Other Applications
- Business Unit Positioning in Order to Cash Flow
PROCESS INVOICES
- Overview of Invoice Configuration
- Overview of Auto Invoice Process
- Overview of Invoice Process
RECEIVABLES REPORTING
- Overview of Standard Reports
- Overview of Adhoc Reporting using OTBI
- Overview of BI Publisher
MANAGE PARTIES AND CUSTOMER ACCOUNTS
- Party Model and Features
- Profile Classes
- Customer Entry Methods
PROCESS RECEIPTS
- Overview of Receipts Setup
- Overview of Receipt Process
- Receipt Entry Methods
- Types of Receipts
- Overview of Lock Boxes
- Overview of Automatic Receipts
CASH MANAGEMENT INTEGRATION WITH OTHER APPLICATIONS
- Enter and Import Bank Statements
- Bank Statement Open Interface
- Reviewing and Correcting Bank Statement Errors
RECONCILIATION
- Overview of Bank Reconciliation
- Auto Reconciliation Matching
- Manual Reconciliation Matching
- Cash Management Reporting
ORACLE CASH MANAGEMENT OVERVIEW
- Describe Key Feature of Oracle Cash Management
- Key Concepts of Bank Account Model
- Reconciling Bank Statements Cash Management Configuration
- Bank Master Maintenance
- Bank Statement Transaction Codes
- Bank Statement Reconciliation Rules
FUSION ASSET CONFIGURATION OVERVIEW
- Managing Asset Key Flex Fields
- System Controls
- Managing Fiscal Years and Calendars
- Managing Asset Books
- Managing Asset Categories
ASSET REPORTING
- Tax Books
- Tax Book Concept
- Setting up a Tax Book
- Managing Tax Books
RETIREMENTS
- Asset Retirements
- Asset Reinstatements
ASSET ADDITIONS
- Manual Asset Additions
- Mass Asset Additions
- CIP Asset Additions
- Asset Adjustments
DEPRECIATION
- Depreciation Rules
- Depreciation Methods
- Managing Depreciation