Oracle Financial Training

Introduction:

This Oracle Financial Training provides an overview of Oracle Financials and its applications. The course covers the fundamentals of setting up organizations, defining financial structures, processing transactions, creating financial reports, and other essential activities.

Targeted Groups:

• Finance Professionals
• Accountants
• Business Analysts
• Oracle Administrators

Course Objectives:

At the end of this course, participants will be able to:

• Understand the basics of Oracle Financials and its applications
• Set up financial organizations that correspond to your business units in Oracle Applications
• Define financial structures and manage financial hierarchies
• Perform financial transactions, such as journal entries and payments
• Use Oracle Financials to create financial reports and analyze financial data
• Understand the financial consolidation process
• Understand how to use Oracle Financials to manage budgets and forecasts

Targeted Competencies:

• Financial management
• Oracle Financials
• Financial analysis

Course Content:

Unit 1: Overview of Oracle Financials

• Introduction to Oracle Financials
• Understanding the financial modules in Oracle Applications
• Discussing Financial Application Integration

Unit 2: Setting up Financial Organizations

• Overview of Financial Structure
• Defining Financial Organizations
• Defining Accounting Flexfield and Segments
• Defining Accounting Options
• Defining Ledger and Ledger Sets

Unit 3: Defining Financial Structures

• Overview of Financial Structures
• Creating Chart of Accounts
• Defining Account Hierarchies
• Defining Value Sets
• Creating Financial Calendars

Unit 4: Financial Transactions

• Overview of Financial Transactions
• Creating Journal Entries
• Creating Reversals and Corrections
• Creating Intercompany Transactions
• Processing Payments and Receipts

Unit 5: Financial Reporting

• Overview of Financial Reporting
• Creating Financial Statements
• Creating Custom Financial Reports
• Using Oracle Financials for Financial Analysis
• Managing Financial Data

Unit 6: Financial Consolidation

• Overview of Financial Consolidation
• Defining Consolidation Rules
• Consolidating Financial Data
• Managing Intercompany Transactions

Unit 7: Budgeting and Forecasting

• Overview of Budgeting and Forecasting
• Defining Budgets and Forecasts
• Creating Budgetary Control Policies
• Analyzing Budget and Forecast Data