Oracle Fusion Financials Certification Training

Module 01: Introduction to Oracle Finance Cloud

Introduction 
•    Oracle Cloud
•    SAAS, IAAS, & PAAS

Introduction to Financial Setup Manager & Quick Setup
•    Offerings, roles, and responsibilities
•    Implementation planning and considerations
•    Simplified setup 
•    Automated setup 

Fusion Security 
•    Role and user creation
•    Role assignment
•    Data access

Module 02: General Ledger

Enterprise structures 
•    Configuration of the chart of accounts 
•    Set up of accounting calendar and hierarchies
•    Configure the legal entity structure and chart of accounts security

Subledger Accounting
•    Account rule management and creation
•    Subledger accounting entry creation and processing
•    Journal description rules

Reporting & Analytics
•    Designing and usage of several reporting tools
•    Finance reporting studio setup
•    OTBI and GL subject areas
•    Analysis and inquiry of smart view accounting
•    Work areas and dashboard the general accounting

Budgetary Control and Encumbrance Overview
•    Monitor and analyze budget consumption
•    Configure encumbrance accounting
•    Process encumbrance journals
•    Process and configure budgets

Journal Processing
•    Journal entry processing
•    Automated journal configuration
•    Configure periodic and allocations entries
•    Understand the secondary ledger and reporting currencies

Intercompany Processing

•    Intercompany reconciliation processing
•    Processing of intercompany periods and transactions
•    Understand intercompany balancing
•    Intercompany account setup
•    Design the chart of account

Period Close
•    Understand the close process
•    Configure and process revaluations, translations, & consolidations
•    Close monitor

Module 03: Payables 
Invoicing 
•    Approve invoices
•    Supplier information management
•    Create and account for invoices
•    Integrated imaging solution

Expenses 
•    Approve expense, entering expense, and audit expense reports
•    Process expense reimbursements
•    Setting up expenses 

Other Payables 
•    Close process 
•    Execute 10gg reporting
•    Configure business units, payable setups, and subledger accounting
•    Process withholding tax calculations

Payments
•    Void a payment
•    Execute a payment process
•    Create and account for payments
•    Payment format configuration
•    Understand payment security and approvals
•    Setup payments for payables

Reporting
•    Understand design and use of available reporting tools
•    Understand Oracle Transactional Business Intelligence (OTBI)
•    Use the Payables to Ledger Reconciliation and Business Intelligence Publisher (BIP) reports

Module 04: Receivables 

Reporting 

•    Understand design and use of available reporting tools
•    Understand Oracle Transactional Business Intelligence (OTBI)
•    Use the Payables to Ledger Reconciliation and Business Intelligence Publisher (BIP) reports
•    Process intercompany reconciliations

Billing
•    Process and create received bills
•    Transactional tax calculation
•    Analysis of receivables information using the Billing Work Area
•    Revenue management
•    Invoice print and presentment 
•    Billing transaction processing

Receipt Management
•    Process bills receivable remittances
•    Customer refund management
•    Deploying receipt processing 
•    Using the account receivables work area

Receivables 
•    Management of reference data sets and customers in receivables
•    Account configuration management
•    Subledger account configuration
•    Customer data import
•    Create adjustments, write-offs, late charges, and chargebacks

Module 05: Cash Management 

•    Understand branch, bank, and account components
•    Manage external transactions and bank statements
•    Account creation
•    Setup Parse rules, reconciliation rules, and tolerance rules
•    Configure cash management profile options
•    Transaction type mapping
•    Automatic and manual management of reconciliation
•    Bank statement transaction creation rules
•    Create branches, banks, and accounts in spreadsheet
•    Setup cash positioning and forecasting
•    Bank account validation
•    Cash positioning and forecasting

Module 06: Fixed Assets

Introduction to Assets Implementation 
•    Overview
•    Implement assets

Assets Flexfields
•    Asset key flexfield
•    Asset category key flexfield
•    Location flexfield
•    System controls
•    Assets descriptive and category descriptive flexfield

Asset Books
•    Create a tax book and corporate book
•    Create or modify asset books
•    Fiscal years
•    Create calendars and asset calendars
•    Prorate and retirement conventions 

Depreciation Methods
•    Methods
•    Set up and use a life in Periods Depreciation Method

Asset Categories
•    Overview
•    Create an asset and lease category

Asset Acquisitions
•    Add assets, leased assets, and multiple assets
•    Terminate a lease
•    Create a leased asset
•    Lease liability on terminated leases

Asset Transactions 
•    Track assets
•    Manage financial transactions
•    Reconcile assets 
•    Capitalize CIP assets
•    Depreciate assets
•    Impair and revalue assets
•    Perform physical inventory

Retirements 
•    Consider points in retiring assets
•    Calculate depreciation for retirements 
•    Review journal entries
•    Reinstating assets
•    Partially retiring an asset
•    Mass retirements import
•    Reinstatement depreciation 
•    Perform a mass cost retirement and mass reinstatement

Reporting 
•    Importing last year tax report data
•    Reports for the United States
•    Assets group, mass additions, and reconciliation reports