Oracle Apps R12 Financials Course 

Oracle Apps R12 Financials is a software product offered by Oracle corporation. Oracle R12 financials applications have great features to manage the Organization's financial and accounting information. With Oracle financial applications, organizations can track detailed business transaction data, the same data can be used for reporting and decision-making purposes.

Oracle Apps R12 Financials consist of below applications:

1. Oracle General Ledger
2. Oracle Accounts Payable
3. Oracle Accounts Receivable
4. Oracle Fixed Assets
5. Oracle Cash Management

What will you learn in this course?

• Introduction to ERP,
• Versions and modules in Oracle application,
• What is the implementation process,
• General ledger,
• Introduction to GL module,
• Key flex fields and segments,
• Design charts of accounts and value sets,
• Define currency and calendar,
• Define primary ledger, creation of journals,
• Open/close periods,
• Reverse journals, journal batch, recurring journals, suspense journals, and statistical journals,
• Mass allocation and budgets,
• Inter-company journals,
• Journal approval process and tax journals,
• Currency translation,
• Reporting currency,
• Revaluation and consolidation
• Cross-validation rules,
• Standard report (trial balance),
• FSG (Financial statement generator),
• Account alias,
• Security rules,
• Access Set,
• Purchasing overview,
• Financial Option,
• Overview of procure to pay process,
• Purchasing options, requisitions,
• RFQs,
• Quotations, Purchase Orders, and receipt creation,
• Matching options and receipt routing methods,
• Invoice and payment creation,
• Account payable's overview,
• Payable options,
• Financial options,
• Accounting periods,
• Payable system setups,
• Payment terms,
• Distribution sets,
• Defining suppliers,
• Standard invoice,
• Debit memo,
• Credit memo,
• Prepayment invoice,
• Invoice created against PO,
• Introduction to an expense report,
• Employee expense reports,
• Withholding tax payment,
• Payment format,
• Bank creations, bank account, and bank branch creation,
• Overview of multi-organization structure,
• Business group setup,
• Defining operating units,
• Defining inventory organizations,
• Defining sub inventories,
• Account receivables introduction,
• Key flex fields,
• Sales tax location,
• Statement cycle,
• System options,
• Remittance to address,
• Payment Terms,
• Introduction to dunning letters and collectors,
• Customer creation,
• Auto cash role set,
• Customer profile class,
• Customer bank creation,
• Transaction types and invoice transaction,
• Credit memo,
• Deposit transaction,
• Bills receivable, guarantee, and chargeback,
• Transaction sources,
• Receipt classes and sources,
• Creating invoice and applying the receipt to invoice,
• Rise the credit memo,
• Creating a deposit invoice and applying the deposit to invoice,
• Applying the receipt, miscellaneous receipts, remittance receipts, month ending process,
• Fixed assets introduction,
• Flex field and system controls,
• Financial year calendar and values,
• Prorate conversion calendar and depreciation calendar,
• Book controls,
• Depreciation methods,
• Asset categories, changes, and additions,
• Create accounting,
• Asset transfer, mass additions, retirement, and cash management,
• System parameters,
• Creation of a new bank, a new branch, and bank account,
• Bank statements and reconciliation,
• Forecasting vs reconciliation,
• Bank charges and bank transfer,
• Introduction to HRMS

Who should take this course?

• Any professional with basic knowledge of ERP