R12.2 Oracle Financial Functional Foundation Course Overview

R12.2 Oracle Financial Functional Foundation Course Overview

The R12.2 Oracle Financial Functional Foundation course offers a comprehensive understanding of Oracle's E-Business Suite for financial applications. It is designed to help learners grasp the functionalities, underlying technology, and best practices for implementing Oracle Financials.

Starting with an overview of Oracle Financials Applications, the course delves into business functions, Multi-Org Architecture, and reporting currencies. It then covers the essentials of Entity Relationship Diagrams (ERDs) and E-Business Suite technology, providing the knowledge to leverage the suite's tools effectively.

The curriculum includes focused modules on core financial modules, such as General Ledger, Inventory, Subledger Accounting, E-Business Tax, Trading Community Architecture, Purchasing, Payables, Assets, Order Management, and Receivables. Each module explores the respective business processes, data tables, and open interfaces.

Furthermore, the course offers insights into Oracle's Open Interfaces Model and teaches efficient navigation through the E-Business Suite. Upon completion, learners will have a robust functional foundation, enabling them to optimize the use of Oracle Financials within their organizations.

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Course Prerequisites

Certainly! To ensure that participants can maximize the learning from the R12.2 Oracle Financial Functional Foundation course, it is important that they come equipped with some foundational knowledge and skills. Here are the minimum required prerequisites presented in bullet point format:

  • Basic understanding of accounting and financial principles.
  • Familiarity with the general business processes within a finance department (e.g., accounts payable, accounts receivable, general ledger, etc.).
  • Experience with navigation and common operations in a Windows-based computer environment.
  • Awareness of fundamental database concepts and familiarity with the concept of a relational database.
  • An introductory level of knowledge about Oracle Database technology, as it relates to data storage and retrieval.
  • Understanding of the ERP (Enterprise Resource Planning) system concept and how it applies to business solutions.
  • Prior exposure to Oracle E-Business Suite or other ERP systems is beneficial but not mandatory.
  • Good communication skills in English, as the course material and instruction will be delivered in this language.

These prerequisites are designed to ensure that students are adequately prepared for the course content and can follow the training effectively. They are not meant to be barriers to entry but rather a foundation to build upon for a successful learning experience.

Target Audience for R12.2 Oracle Financial Functional Foundation

The R12.2 Oracle Financial Functional Foundation course is essential for professionals handling Oracle Financial Solutions in diverse industries.

  • Oracle Financials Consultants
  • Financial Analysts
  • ERP Consultants and Analysts
  • Oracle Applications Functional Implementers
  • Finance Managers and Controllers
  • Accounts Payable/Receivable Specialists
  • General Ledger Accountants
  • IT Professionals working on Oracle EBS
  • Business Process Owners
  • Solution Architects
  • Technical Support Engineers
  • System Administrators specializing in financial applications

Learning Objectives - What you will Learn in this R12.2 Oracle Financial Functional Foundation?

  1. Introduction to Course Learning Outcomes: Gain comprehensive insights into Oracle R12.2 Financials, mastering functionalities, architecture, data flow, and critical processes across financial applications.

  2. Learning Objectives and Outcomes:

  • Understand the functionalities and primary business functions of Oracle Financials Applications.
  • Explain Oracle's Multi-Org architecture and its implementation in financial processes.
  • Comprehend the setup and usage of multiple reporting currencies within the Oracle Financials ecosystem.
  • Interpret Entity Relationship Diagrams (ERDs) and their role in understanding Oracle E-Business Suite data structures.
  • Utilize key tools and components of Oracle E-Business Suite for effective financial data management.
  • Manage General Ledger processes, including journal entries, budgets, and daily rates within Oracle General Ledger.
  • Describe the Oracle Inventory process flow and manage inventory transactions and related data structures.
  • Define the business benefits and key features of Oracle Subledger Accounting, including setup and processing.
  • Comprehend the Oracle E-Business Tax module for efficient tax management and understand its user interface and process flow.
  • Navigate Oracle E-Business Suite effectively, ensuring efficient utilization of its financial applications.