R12.x Oracle Financials New Features Fundamentals
Duration : 5 Days (40 Hours)
R12.x Oracle Financials New Features Fundamentals Course Overview:
The Oracle Financials R12.x New Features Fundamentals course introduces users to the latest functionalities in Oracle Financials R12.x. This overview includes core Oracle Financials products, making it suitable for both upgrading users and new adopters seeking insight into recent enhancements. The course covers topics like Multi-Period Accounting, Accounting Flexfields, Account Derivation Rules, Segmentation Rules, Subledger Accounting, Account Generator, Advanced Global Interways Ledger, SubLedger Journal Entries, Oracle Payments, Oracle Trading Community Architecture, and Oracle Self-Service Web Applications. It aims to equip participants with an understanding of the latest features in Oracle Financials.
Intended Audience:
- Professionals familiar with Oracle Financials
- Project team members
- Finance professionals
- IT personnel
- Functional leads
- Individuals in managerial roles
- Consultants providing Oracle Financials services
Learning Objectives of R12.x Oracle Financials New Features Fundamentals:
1. Understand the concept and new features of Oracle E-Business Suite Release 12.
2. Connect to the latest release of Oracle Financials Suite and identify newly implemented features and enhancements.
3. Learn to create and utilize the new EBS graphical navigation system.
4. Master the utilization of the new multi-period accounting feature.
5. Understand and gain hands-on experience of all new features of Financial modules which includes, GL, AR, AP, iExpenses, iProcurement, etc.
6. Familiarize with reporting options such as using XML Publisher and BI Publisher.
7. Learning to create business reports using BI Publisher and Oracle Reports Builder.
8. Gain knowledge on the use of interactive analytics and ad-hoc reporting functions.
9. Implement essential business processes like grants management, asset management, fixed assets, and leasing.
10. Understand how to set up bank reconciliation, centralized payments.
11. Gain expertise on the new interface tables, API’s and other integration functionalities available.
12. Master the implementations of taxation changes to comply with the latest laws and regulations.
Module 1: Oracle Financials Overview
- Details are not available.
Module 2: Multi-Org Access Control (MOAC)
- Explaining how Multi-Org Access Control works
- Identifying the benefits of MOAC
- Explaining how MOAC is implemented
Module 3: Sub-ledger Accounting
- Explaining how Sub-ledger Accounting works
- Benefits of Sub-ledger Accounting
- Setup of Sub-ledger Accounting
- Describe 12.1 New Features
Module 4: Oracle E-Business Tax
- Key concepts of E-Business tax
- Overview of E-Business tax architecture
- Explaining the upgraded and enhanced features
Module 5: Oracle General Ledger
- Accounting Setup Manager
- Foreign currency enhancements
- Use of ledgers and sub-ledgers
- Security enhancements
- Inter-company enhancements
- Data Access to Multiple Legal Entities and Ledgers
- Describe 12.1 New Features
Module 6: Oracle Fixed Assets
- Integration with Sub-ledger Accounting
- Enhanced Mass Additions for Legacy Conversions Description
Module 7: Oracle Purchasing
- Professional Buyer’s Work Center and its benefits
- Enhanced Catalog Access and its benefits
- Explaining and using new document publishing capabilities
- Model Complex Pricing for Blanket Line Items
- Explaining the new catalog facilities
- Maintaining sourcing rules/ASLs for agreement items
- Explaining supplier packaging compliance controls
- Describe 12.1 New Features
Module 8: Oracle Accounts Payable
- Using Advanced Asset Tracking tool
- Deferred recoverability
- Explaining new payment controls and enhanced information
- Using payment requests
- Using self-service invoice entry
- Describe 12.1 New Features
Module 9: Oracle Receivables
- Balance Forward Billing setup and its benefits
- Receivables E-Business Tax Integration
- Transition to New Features Collections Workbench
- Centralized Payment Process
- Automated Refunds
- Revenue Contingencies
- Migrating Taxes from 11.5 to 12.0
- Describe 12.1 New Features
Module 10: Oracle Cash Management
- Explaining the new Bank Account Model and its benefits
- Bank Account Balances and Interest Calculations
- Performing account transfers
- Performing bank statement reconciliation
- Describe 12.1 New Features
R12.x Oracle Financials New Features Fundamentals Course Prerequisites:
Prerequisites for Oracle R12.x Financials New Features Fundamentals Training include:
• Knowledge of general Oracle Financials concepts
• Familiarity with Oracle E-Business Suite application fundamentals
• Understanding of the functionality and features offered by Oracle Financials
• Working knowledge of database structures and relational database management systems
• Understanding of the software development life cycle
• Knowledge of business process models in ERP environments
• Working knowledge of accounting and finance principles
Discover the perfect fit for your learning journey
Choose Learning Modality
Live Online
- Convenience
- Cost-effective
- Self-paced learning
- Scalability
Classroom
- Interaction and collaboration
- Networking opportunities
- Real-time feedback
- Personal attention
Onsite
- Familiar environment
- Confidentiality
- Team building
- Immediate application
Training Exclusives
This course comes with following benefits:
- Practice Labs.
- Get Trained by Certified Trainers.
- Access to the recordings of your class sessions for 90 days.
- Digital courseware
- Experience 24*7 learner support.
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