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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♱ Excluding VAT/GST
Classroom Training price is on request
You can request classroom training in any city on any date by Requesting More Information
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:
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.
The R12.2 Oracle Financial Functional Foundation course is essential for professionals handling Oracle Financial Solutions in diverse industries.
Introduction to Course Learning Outcomes: Gain comprehensive insights into Oracle R12.2 Financials, mastering functionalities, architecture, data flow, and critical processes across financial applications.
Learning Objectives and Outcomes:
Multi-Org Architecture in Oracle EBS and Oracle Fusion facilitates efficient management of multiple organizations or subsidiaries within a single installation of the application. This architecture ensures that financial transactions, reporting, and operations across different entities are separated yet consolidated when necessary, optimizing processes like general ledger maintenance and financial planning. It is particularly beneficial for Oracle EBS Finance Functional and Oracle Fusion Finance Functional professionals, as it enhances scalability, security, and compliance across diverse business units, being crucial for Oracle Financials Functional experts and consultants in global business environments.
Entity Relationship Diagrams (ERDs) are a graphical tool used to map and understand how different entities such as people, objects, or concepts interact within a system. In the context of Oracle EBS or Oracle Fusion financial modules, ERDs help in visualizing the database structure, showcasing how tables like general ledger, accounts, and transactions connect and interact. This clarity supports both technical and functional consultants in effectively setting up, managing, and troubleshooting financial systems, enhancing operational efficiency and data accuracy within the organization's financial operations.
Subledger Accounting is a feature within Oracle EBS and Oracle Fusion finance functionalities, providing detailed financial data management separate from the general ledger. It acts as a subcomponent that captures all financial transactions from various modules like accounts receivables and payables, ensuring that all entries are consistent and reconciled accurately. This system allows the Oracle EBS General Ledger and Oracle Fusion Financial Consultant users to process and report financial information efficiently, enhancing overall financial control and transparency.
E-Business Tax is a component within Oracle EBS Finance that simplifies the setup, management, and processing of taxes for transactions. It offers a centralized repository, which enhances consistency and compliance across the entire tax landscape. This tool is essential for professionals working as Oracle EBS finance functional or Oracle financials functional consultants. E-Business Tax supports global tax requirements through automated tax calculations and aids in maintaining Oracle EBS general ledger accurately, facilitating efficient tax reporting and ensuring compliance with local tax regulations. It seamlessly integrates with other Oracle financial applications, enhancing operational efficiency.
Trading Community Architecture (TCA) is a framework within Oracle EBS and Oracle Fusion that manages detailed information about parties with whom you conduct business. Its purpose is to provide a centralized repository to maintain complex and versatile relationships, ensuring consistent and accurate data across different components of the Oracle EBS and Oracle Fusion, such as Finance Functional and General Ledger. TCA supports various business needs, enhancing customer relationship management, partner management, and integrating financial transactions effectively for better decision-making and streamlined operations.
Open interfaces in technology refer to standardized methods or protocols that allow different software systems to communicate and share information seamlessly. These interfaces enable systems, often from various vendors, to connect without needing custom integration work. This approach promotes interoperability and flexibility within IT environments, allowing organizations to choose the best applications for their needs while ensuring they work harmoniously together. Open interfaces are crucial in areas like finance and accounting software systems, notably in platforms like Oracle EBS and Oracle Fusion, where modules like general ledger can interact efficiently with other financial functions.
Oracle's Open Interfaces Model is a framework used in Oracle EBS and Oracle Fusion financial modules, facilitating data integration and automation. It enables seamless interaction between Oracle's core financial systems—like Oracle EBS Finance Functional and Oracle Fusion Finance Functional—and external or custom applications. This model uses standard APIs to ensure data integrity and consistency, particularly within functionalities like Oracle EBS General Ledger. By leveraging these interfaces, Oracle Financials Functional consultants can enhance system capabilities, ensuring efficient data exchanges and optimized financial processes, critical for accurate financial reporting and analysis in diverse business environments.
E-Business Suite, often abbreviated as Oracle EBS, is a comprehensive suite of integrated business applications developed by Oracle. It includes functionalities aimed to automate various corporate functions such as finance, project management, procurement, and human resources. Oracle EBS Finance Functional encompasses financial management solutions that help streamline and automate financial operations, from Oracle EBS General Ledger which manages a company’s financial data, to asset lifecycle and expense management. Oracle Financials Functional, overall, ensures robust financial reporting and greater financial visibility, enhancing decision-making and compliance within organizations.
The R12.2 Oracle Financial Functional Foundation course is essential for professionals handling Oracle Financial Solutions in diverse industries.
Introduction to Course Learning Outcomes: Gain comprehensive insights into Oracle R12.2 Financials, mastering functionalities, architecture, data flow, and critical processes across financial applications.
Learning Objectives and Outcomes: