R12.2 Oracle Receivables Management Fundamentals Ed 1 Course Overview

To ensure that participants are fully prepared to take on the R12.2 Oracle Receivables Management Fundamentals Ed 1 course and derive the maximum benefit from the training, the following prerequisites are recommended:

• Basic knowledge of the accounts receivable process in a business environment.
• Familiarity with general accounting principles.
• Some experience with Oracle E-Business Suite or other ERP financial applications is helpful but not mandatory.
• Understanding of the Order to Cash process within a business context.
• Basic computer literacy and proficiency in using a web browser.
• Willingness to engage in hands-on practice and apply the concepts learned in a virtual or classroom setting.

By meeting these prerequisites, students will have the foundational knowledge required to grasp the course content effectively and apply it to real-world scenarios.

Target Audience for R12.2 Oracle Receivables Management Fundamentals Ed 1

The R12.2 Oracle Receivables Management Fundamentals Ed 1 course is designed for professionals managing the receivables process in Oracle E-Business Suite.

• Financial Controllers

  
  

• Accounts Receivable Managers

  
  

• Oracle E-Business Suite Implementers

  
  

• ERP Consultants

  
  

• Financial Analysts

  
  

• Application Developers

  
  

• IT Support Staff

  
  

• End Users involved in the financial and accounting process

  
  

• Business Analysts

  
  

• Project Managers overseeing financial systems

  
  

• Compliance and Audit Professionals

  
  

• Oracle E-Business Suite End Users (Finance Department)

  
  

• Professionals seeking to gain knowledge in Oracle financial applications

  
  

• Individuals aiming for a career in Oracle Financials

  
  

Learning Objectives - What you will Learn in this R12.2 Oracle Receivables Management Fundamentals Ed 1?

Introduction to Course Learning Outcomes:

Gain expertise in Oracle Receivables R12.2, covering the end-to-end Order to Cash Lifecycle, customer account management, invoice processing, credit management, and period closing activities.

Learning Objectives and Outcomes:

• Understand the complete Order to Cash Lifecycle, from order entry to bank reconciliation, and the integration of different applications within this flow.
• Identify key areas in the Receivables Process and their positioning within the Order to Cash Lifecycle.
• Define and maintain customer and party information, profile classes, and account relationships using Trading Community Architecture (TCA).
• Execute the Auto-Invoice process to create and correct invoices, and manage exceptions efficiently.
• Process invoices, including entry, completion, correction, and printing, while understanding the role of event-based management.
• Implement and utilize Bill Presentment Architecture to create and assign templates and rules for presenting customer invoices.
• Set up and operate Credit Management, including understanding credit profiles, credit hierarchy, and reviewing credit management performance.
• Enter and understand setup information related to customer invoicing and the key considerations for implementation.
• Manage the Receipt Process, including application methods, charge-backs, adjustments, claims, balancing segments, and non-manual receipts.
• Close accounting periods effectively, understanding sub-ledger accounting, closing actions, reports, and running revenue recognition and general ledger interface programs.

These objectives and outcomes equip students with a thorough understanding of Oracle Receivables Management, enabling them to manage receivables processes efficiently within their organizations.