Search
6173 Partipants
Looking for Corporate TrainingPractical, optimised, and rigorous training.
Oracle Fusion Financials Certification Training
Oracle Fusion Financials Course
The customised instructor-led 25-hour Oracle Fusion Financials Certification Training course covers essential finance functions such as general ledger management, journal processing, accounts payable, supplier invoice payments, accounts receivable, customer invoicing, payment collection, and fina
Oracle Fusion Financials Course
Intended to provide the most significant value in the most efficient time.
Allows businesses to run intelligent business solutions that boost productivity.
Provides fast, hassle-free service via open and transparent operations.
Course Overview
The Oracle Fusion Financials Certification Training will give you a thorough grasp of financial applications, such as Revenue Management, Payables, Receivables, Accounting Hub, and General Ledger. It will also provide you with insight into how to effectively use your Financials Cloud apps to make better business decisions by training you on how to set them up, manage, and use them.
Learners will acquire the abilities necessary to provide a comprehensive, integrated financial management solution. This certification lets learners enter precise data in the general ledger using standardised procedures and a centralised financial architecture. With automated processes, it will streamline generals, consolidations, and reconciliations. It ensures a modern user interface that enables users to easily find and resolve financial issues.
Ultimately, this course can help expand businesses to new markets by supporting multiple ledgers, entities, currencies, and accounting standards. With process automation, you can handle high volumes of transactions at very high processing speeds and eliminate payment, tax, and inter-company complexities. Enhance your skills and knowledge and boost your career as you perform more precisely and confidently.
Loading...
Course Objectives
This course will help you:
- Recognise the value of Oracle Finance Cloud features, including its easy setup and functional setup manager.
- Examine fusion security features such as role assignments, role creation, and user creation.
- Acquire knowledge of general ledger components, including reporting, analytics, sub-ledger accounting, and enterprise architectures.
- Acknowledge payables, including reporting, payments, costs, and invoices.
- Define receivables' constituent parts, including billing, reporting, receivables, and recipient management.
- Assess cash management features, including parsing rule sets and bank statement management.
- Acquire knowledge of fixed assets, including asset flexfields, asset books, and depreciation techniques.
- Learn how to establish, set up, conduct, and use financial cloud applications.
- Assess and comprehend how to utilize Oracle Financial programs.
- Examine the benefits of financial management programs for each company.
Audience
The target audience for the Oracle Fusion Financials Certification Training course includes those who are:
- Any seasoned IT worker hoping to pursue a career as an Oracle Fusion Financials Consultant
- Postgraduate students or recent graduates looking to launch their careers as Oracle Fusion Financials consultants
- Freshmen looking for a high-paying IT position
- Professionals in finance and IT
- Business analysts
- Implementation experts and consultants
Eligibility Criteria
Though not essential, a basic knowledge of all these can prove beneficial for Oracle Fusion Financials Certification Training course:
- A degree in information technology or a similar discipline.
- Familiarity with Oracle technologies
- Knowledge of Oracle technology or a degree or certificate in information technology or a similar discipline
- Fundamental knowledge of SQL
- Basic understanding of Java or other prevalent programming language.
- Please contact us for more details on the eligibility criteria.
Course Outline
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 an 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
Choose Your Preferred Mode
Online Training
- Unrestricted access to our training videos instruct you on planning and executing the applications.
- Provides self-paced training so everyone can maximize their time and achieve the learning goals.
- Ensures that the participants receive hands-on training in accordance with the organisation's demands and prepare them for the project.
- Shares your learning objectives with the trainer and study whenever convenient.
Corporate Training
- Arranges seminars or in-person training sessions to encourage the staff to develop their skills.
- Increases comprehension and engagement by utilising various learning methods, including interactive exams, video lectures, and downloadable materials.
- Involves specifications for recently created hardware and software relevant to the company.
- Monitors employee growth with the aid of integrated monitoring and reporting solutions.
FAQ’s
What is Oracle Fusion Financial?
Oracle Fusion Financial is a comprehensive, integrated suite that manages an organization's critical financial systems. It includes journals, payable accounts, supplier invoices, a general ledger, and more, all powered by Oracle Cloud. It allows businesses to create a financial process and use a systematic approach to satisfying customers.
Which businesses make use of Oracle Fusion Financial?
Businesses may benefit from a wide range of Oracle Financial Cloud features, including enhanced financial management, data protection, and increased productivity. The majority of companies that utilise Oracle financials are mid-sized businesses and software corporations. Because of its low cost and short implementation turnaround time, which are vital factors in the success of many clients using the Fusion apps, it is even appropriate for small to large organizations.
What kind of software or computer do I need to pursue the course online?
A PC with a reliable internet connection is required. Zoom is used for live classes. Before your course begins, we will provide you with the conference information and supply the software access required for the training. Because the software is on the cloud, you won't have any issues even if you have a desktop computer or laptop with a less powerful CPU (Pentium or Celeron work, too).
What should I do if I need assistance or encounter issues during or following the training period?
You will have the opportunity to ask the trainer questions throughout the live course. After the live session, you will also be paired with an instructional assistant to assist with practical activities. After the session, you will get an email address where you may ask the instructor team any questions you may have for the rest of the year.
What is the course duration?
The course duration is 25 hours.
When will the course materials be available to me?
You can access the program's course materials when you've been enrolled in one of our courses. The course materials are available at any time.
Is there great scope for Oracle Fusion Financials?
Because of its cloud-based architecture, extensive financial management capabilities, and increasing uptake by companies seeking to optimise their financial operations, Oracle Fusion Financials offers great potential for employment in the IT sector, especially in the financial sector.
Is Oracle Fusion Financials a course for beginners?
This is not a course for beginners. It requires familiarity with Oracle software, particularly with financial tools. When you enroll, our staff will review the course's eligibility criteria with you.
Why Vinsys
Seasoned Instructors
Official Vendor Partnerships
Authorized Courseware
3,000+ Courses & 2,000+ Modules
In Synch with Tech-advancements
Customizable Blended Learning Options
Reviews
The training included security, cloud-based reporting tools, out-of-box capabilities in standard processes for each finance module, and installation stages. This course has been a lot of fun. There is no room for doubt after interactive sessions.
Manoj SonawaneFunctional Consultants
Enough time is allotted during training sessions for hands-on practice to become familiar with Cloud release. I will suggest this course to anyone wanting to learn more about the Cloud release. Thank you, Vinsys, for creating such a special and unique training experience!
jitendra kalbiCompensation Analysts
Thanks to this training, my team was better able to comprehend the Oracle Fusion Financials application's core principles and navigation. The trainers helped my staff at every stage of the training process and have extensive expertise in the Oracle Fusion program. Any corporation that wants to use Oracle Fusion in its organisation should surely take this course. Thanks Again!
Rukma RoyData Base Enginner
This platform is fantastic for learning Oracle Fusion. The lessons are highly participatory and educational. My company recently took Fusion classes, and they were really very structured and organized. This training has been a game changer for my whole financial team and IT staff. They may now fully use this cloud-based financial solution.
Sanyog SaxenaData Scientist
X
Select Language
X
Select Country
X
ENQUIRE NOW