Oracle Fusion Financials revolutionized productivity and information access with native, real-time intelligence. Oracle Fusion Financials is a complete financial management solution. This training covers the entire framework of Fusion Fundamentals, Fusion GL, Fusion Procurement, Fusion Account Payables and Fusion Account Receivables.
Deliver real-time, accurate information to users at all levels Getting Started in Oracle Fusion Applications Defining Enterprise Structures Defining Chart of Accounts Components Defining Segment Values
Validation and Value Sets Creating Chart of Accounts Structure Create Account Hierarchies Adding Calendar Year Currencies Overview Define Ledgers and Ledger Components Period Close Checklist
Journal Allocations Requirements Revaluation and Translation Setup Financial Reporting and Analysis Define Business Unit
Create Suppliers PAYMENT CONFIGURATION
Quick Payment
PERIOD CLOSE Create Accounting Order to Cash Overview
MANAGE PARTIES AND CUSTOMER ACCOUNTS Party Model and Features
PROCESS INVOICES
PROCESS RECEIPTS
RECEIVABLES REPORTING Overview of Standard Reports Describe Key Feature of Oracle Cash Management
CASH MANAGEMENT INTEGRATION WITH OTHER APPLICATIONS MANAGING BANK STATEMENTS
RECONCILIATION Overview of Bank Reconciliation Fusion Assets Overview
FUSION ASSET CONFIGURATION OVERVIEW
ASSET ADDITIONS Manual Asset Additions
DEPRECIATION Depreciation Rules
Asset Retirements
ASSET REPORTINGPreview
Advantages with Fusion Financials:
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
Course Contents
Day 1
FUNCTIONAL SETUP MANAGER OVERVIEW
Overview of Oracle Fusion Functional Setup Manager
Overview of the Functional Setup Manager
Implementation Overview
Browsing and Configuring Offerings
OVERVIEW OF COMMON APPLICATIONS CONFIGURATION
Configuring Enterprise Structures Overview
Defining Geographies
Defining Legal Jurisdictions and Authorities
Managing Legal Entities
Managing Legal Reporting Units
Managing Business UnitsDay 2
ORACLE FUSION GENERAL LEDGER
Sharing Ledger Components Across Oracle Applications
Accounting Configuration Prerequisites
Creating Chart of Accounts
Building the Chart of Accounts Structure
DEFINING SEGMENTS
Assigning Segment AttributesDEFINE VALUE SETS AND VALUES
Assigning Segment Labels
DEFINING RULES
Chart of Account Instance
ACCOUNT HIERARCHIES: OVERVIEW
Maintain Segment Value Attributes
Deploy Flexfields
Enabling Account Combinations
Manage Segment Value Attributes
Defining Segment Value Security Rules
MANAGE ACCOUNTING PERIODS
Auditing Calendar
MANAGING CURRENCIES OVERVIEW
Conversion Rate Types Overview
Explain Cross Rate Rules
Daily Rates OverviewDay 3
LEDGERS
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
Journal Import Verification Process
Historical Rates
Foreign Currency Translation
Consolidating Ledgers
Performing Account InquiryALLOCATIONS
Creating Allocations Rule Sets and Components
Step Down Allocation Example
Journal Allocations Concepts
Journal Allocations - Best Practices
REVALUATIONS AND TRANSLATIONS
Revaluation Overview
Revaluation Example
Translation Overview
FINANCIAL REPORTING
Multi-Dimensional Analysis on Live Data
Help with completing Hands On ExercisesDay 4
PAYABLES CONFIGURATION
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 ApprovalPERFORM INVOICE TRANSACTIONS
Create Invoices online – Explain PO matching and direct invoices
Create Invoice through spreadsheetDay 5
Configure Payment System
Manage Payment Formats (BI Template and configuration)
Payment Process Profile
Bank Account Configuration
Payment System OptionsPAYMENT PROCESSING
Execute Payment Batch
AP to GL reconciliation
Payables Period Close Checklist
Payables Period Close
Basics of Payables Reporting through OTBI – Explain Subject AreasDay 6
ORDER TO CASH LIFECYCLE OVERVIEW
Integration with Other Applications
Business Unit Positioning in Order to Cash Flow
Profile Classes
Customer Entry Methods
Overview of Invoice Configuration
Overview of Auto Invoice Process
Overview of Invoice Process
Overview of Receipts Setup
Overview of Receipt Process
Receipt Entry Methods
Types of Receipts
Overview of Lock Boxes
Overview of Automatic Receipts
Overview of Adhoc Reporting using OTBI
Overview of BI PublisherDay 7
ORACLE CASH MANAGEMENT OVERVIEW
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
Enter and Import Bank Statements
Bank Statement Open Interface
Reviewing and Correcting Bank Statement Errors Managing Bank
Auto Reconciliation Matching
Manual Reconciliation Matching
Cash Management ReportingDay 8
ASSETS OVERVIEW
Assets Configurations
Managing Asset Key Flex Fields
System Controls
Managing Fiscal Years and Calendars
Managing Asset Books
Managing Asset Categories
Mass Asset Additions
CIP Asset Additions
Asset Adjustments
Depreciation Methods
Managing DepreciationRETIREMENTS
Asset Reinstatements
Tax Books
Tax Book Concept
Setting up a Tax Book
Managing Tax Books
Apps2Fusion are passionate about Fusion Cloud E-Learning and classroom trainings. Training is our core business and we have been doing this for many many years. We work hard to advise trainees with right career paths. We have published various five star rated Oracle Press Books each was best sellers in its category. We have helped many and could help you as well.
Apps2Fusion Articles 