Oracle Fusion Financials Training

How Our Oracle Fusion Financials Online Training Assists You?

Introduction to Oracle Finance Cloud

1. Introduction

• Introduction to Oracle Cloud
• SAAS, PAAS and IAAS Overview
• Oracle Finance Cloud Capabilities: Overview
• Navigation Basics
• Resources

2. Introduction to Functional Setup Manager and Quick Setup

• Implementation Planning
• Roles and Responsibilities
• Offerings
• Implementation Considerations
• Finance Simplified Setup: Overview
• Automated Setup of Finance Common Components
• Simplified Setup: Time Savings
• Best Practices

3. Fusion Security

• Role creation
• User Creation
• Role assignment
• Data Access

General Ledger

1. Enterprise Structures

• Configure the Chart of Accounts
• Explain Essbase
• Set up accounting hierarchies
• Set up the accounting calendar
• Configure Chart of Accounts Security
• Configure the legal entity structure and define the relationship to the Chart of Account

2. Subledger Accounting

• Create and manage Accounting Rules
• Create and process subledger accounting entries
• Explain the journal description rules
• Identify supporting references

3. Reporting & Analytics

• Explain how to design and use various reporting tools
• Set up the Financials Reporting Studio
• Explain OTBI and GL Subject Areas
• Describe Smart View accounting inquiry and analysis
• Describe the General Accounting Dashboard and Work Areas

4. Budgetary Control and Encumbrance Overview

• Configure and Process Budgets
• Explain how to analyze and monitor Budget Consumption
• Configure Encumbrance Accounting
• Process Encumbrance Journals

5. Journal Processing

• Process journal entries
• Configure automated journal processing
• Explain the journal approval set up
• Configure allocations and periodic entries
• Explain the secondary ledger and reporting currencies

6. Intercompany Processing

• Design the Chart of Accounts and segment level rules for intercompany
• Set up Intercompany Accounting (system options, transaction types, organizations)
• Describe intercompany balancing
• Process intercompany transactions and periods
• Process intercompany reconciliations

7. Period Close

• Explain the Close Process
• Configure and process revaluations
• Configure and process translations
• Configure and process consolidations
• Analyze reconciliations
• Close monitor

Payables

1. Invoicing

• Explain the Integrated Imaging Solution
• Create and Account for invoices
• Approve Invoices
• Manage supplier information

2. Expenses

• Entering Expense Reports
• Approve expense reports
• Process expense reimbursements
• Audit Expense Reports
• Set up Expenses

3. Other Payables Topics

• Process Withholding tax calculations
• Explain the Close process
• Configure Payables Setups
• Configure Business Units
• Configure Subledger Accounting
• Execute 1099 Reporting

4. Payments

• Create and Account for payments
• Execute a Payment Process Request
• Void a payment
• Explain Bank Reconciliations
• Configure Payment Formats
• Setup Payments for Payables
• Explain payment security
• Explain payment approvals

5. Reporting

• Explain how to design and use various reporting tools
• Explain Oracle Transactional Business Intelligence (OTBI)
• Use Business Intelligence Publisher (BIP) Reports
• Use the Payables to Ledger Reconciliation Report

Receivables

1. Reporting

• Explain how to design and use various reporting tools
• Explain Oracle Transactional Business Intelligence (OTBI)
• Use Business Intelligence Publisher (BIP) Reports
• Use the Receivables to Ledger Reconciliation Report
• Process intercompany reconciliations

2. Billing

• Process billing transactions
• Describe invoice print and presentment
• Manage revenue
• Analyze receivables information using the Billing Work Area
• Calculate Transactional Tax
• Create and process bills Receivable

3. Receipt Management

• Deploy receipt processing
• Manage customer refunds
• Explain key uses of the Accounts Receivables Work Area
• Process bills Receivable Remittances

4. Receivables

• Manage customers in Receivables
• Manage Reference Data Sets
• Import customer data
• Create write-offs, adjustments, late charges and chargebacks
• Manage Accounting Configuration
• Configure Subledger Accounting

Cash Management

1. Cash Management and Banking

• Bank, Branch, and Account Components: How They Work Together
• Manage Bank Statements
• Manage External Transactions
• Creating Accounts
• Configuring Cash Management Profile Options
• Parse Rule Sets
• Transaction Type Mapping
• Tolerance Rules
• Reconciliation Matching Rules
• Reconciliation Rules Sets
• Manage Reconciliation – Manual and Automatic
• Bank Statement Transaction Codes
• Mapping Configurable BAI2 Transaction Codes
• Bank Statement Transaction Creation Rules
• Create Banks, Branches, and Accounts in Spreadsheet
• Setting Up Cash Positioning and Forecasting
• Bank Account Validation
• Cash Positioning and Forecasting

Fixed Assets

1. Overview of Assets Implementation

• Overview of Assets Rapid Implementation
• Implement Assets

2. Assets Flexfields

• Asset Category Key Flexfield
• Asset Key Flexfield
• Location Flexfield
• Assets Descriptive Flexfields
• Asset Category Descriptive Flexfield
• System Controls

3. Asset Books

• Guidelines for Creating or Modifying Asset Books
• Create a Corporate Book
• Create a Tax Book
• Fiscal Years
• Considerations for Creating Calendars
• Create an Asset Calendar
• Prorate and Retirement Conventions

4. Depreciation Methods

• Depreciation Methods
• Set Up a Life in Periods Depreciation Method
• Use a Life in Periods Depreciation Method

5. Asset Categories

• Overview of Asset Categories
• Create an Asset Category
• Create a Lease Category

6. Asset Acquisitions

• Add Assets
• Add Multiple Assets
• Add Leased Assets
• Creating a Leased Asset
• Terminating a Lease
• Lease Liability on Terminated Leases

7. Asset Transactions

• Manage Financial Transactions
• Track Assets
• Capitalize CIP Assets
• Depreciate Assets
• Reconcile Assets
• Perform Physical Inventory
• Impair Assets
• Revalue Assets

8. Retirements

• Retiring Assets: Points to Consider
• Depreciation for Retirements: How It’s Calculated
• Reviewing Journal Entries for Retirement Transactions
• Partially Retiring an Asset
• Reinstating Assets
• Depreciation for Reinstatements
• Reviewing Journal Entries for Reinstatement Transactions
• Mass Retirements Import
• Performing a Mass Cost Retirement
• Performing a Mass Retirement Using an Integrated Workbook
• Performing a Mass Reinstatement

9. Reporting

• Oracle Fusion Assets Predefined Reports
• Assets Mass Additions Reports
• Assets Reconciliation Reports
• Assets Group Reports
• Reports for the United States
• Other Assets Reports
• Import Previous Year Tax Report Data

Advantages of Oracle Fusion Financial Courses

Oracle fusion financials cloud online training courses can offer a number of advantages such as:-

1. Learn to modernize the accounting process

With Oracle financials cloud certification, accurate data can be recorded in the general ledger with centralized financial architecture and standardized processes. It can simplify generals, consolidations and reconciliations with automated procedures. It ensures a modern user-interface that enables the users to find and resolve any issues with utmost ease.

2. Drive Business Growth

Oracle cloud financials training can help in expanding businesses to new markets by supporting multiple ledgers, entities, currencies and accounting standards. You can handle high volumes of transactions at very high processing speeds and eliminate payment, tax and inter-company complexities with process automation.

3. Get self-serving precise reports that comply with global standards.

Generate accurate interactive financial reports instantly and do effective analysis and tailor them according to your needs. You can get mobile access to real-time data and also access the reports anytime from the Financial Report Center.

4. Accelerate decision making by getting deeper and accurate insights

You can identify the errors in and resolve the exceptions in no time with self-monitoring procedures. The decision-making procedure is accelerated with interactive insights of financial information.

5. Reduce any data entry errors and streamline payments by eliminating manual tasks

Manual processes are obsolete, error-prone and time-consuming. With Oracle fusion cloud financials online training, you can eliminate all kinds of errors with optical character recognition, invoice imaging, intelligent document recognition capabilities and decrease manual expense entry. Expenses can be approved and customer payment processing can be streamlined from anywhere with potent mobile capabilities.

6. Keep up with the business demands and close the books faster

This training enables you to assess the period close status quickly with intuitive dashboards, achieve fast and precise close with integrated sub-ledgers and resolve all issues with embedded collaboration features.

What You Get after Taking Our Oracle fusion financials Training?

Our 60 hours long Oracle Fusion Financials online training is the best alternative for any business/individual to be industry-ready with the right learning. Our course is going to make you clear on even the minutest details required to master your skills and refine your concepts.

From Cloudshine we have trained more than 500 consultants through 45 batches in last 3 years and providing corporate trainings for 50+ organizations.

Starting from a deep introduction to the Oracle cloud, the course shall teach you about general ledger accounting, payables, receivables, cash management, fixed assets and a lot more advanced concepts for being a professional at Oracle Fusion Financials. It will further guide you on the concepts of SAAS, PAAS & IAAS. Teaching you appropriate implementation and planning, it will enhance your skills and techniques.

Being the best Oracle Fusion Financials training, this course is the ultimate pick for all those looking forward to being a pro at Oracle Fusion Financials! Please call or WhatsApp us @ +918908123123 (provide whatsapp link) or email us @ inquiry@cloudshinepro.com for moe details.

Batch Timings:

Weekdays : 6 AM to 7.30 AM IST (Monday to Friday)
Weekdays : 7.30 AM to 9 AM IST (Monday to Friday)
Weekend : 6 AM to 9 AM IST (Saturday & Sunday)
Any other special timing requests can be considered.