ORACLE APPS FINANCIALS


Oracle Apps Financials Course Content

Overview:
Oracle Apps Financials is a tightly integrated with set of financial management solutions that enable companies to manage their business globally, lower administration costs, improve cash management, close books faster and make better decisions. This module gives complete overview of Oracle Financial applications how they easily integrates with other Oracle Applications modules. It presents an overview of using and navigating through Oracle Application forms and some Oracle power features.
Training Objectives of Oracle Apps Financials:
Oracle Financials is an industrial strength accounting software package from Oracle Corporation. Modules which are included in it are General Ledger, Payroll, Accounts Receivable and Payable and so on. Actually Financials is used especially by larger corporations.
Target Students / Prerequisites:
Students must have awareness in Concepts of Oracle PL/SQL and D2K. Some basic Java Programming knowledge is required.
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