Master Oracle Cost Management R12.x Fundamentals to Make Your Business More Efficient

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R12.x Oracle Cost management Fundamentals Course Overview


Oracle Cost management Fundamentals course is a comprehensive training program for users of Oracle E-Business Suite Release 12.x. This course provides an overview of the Cost Management product, concepts, and implementation steps required. The course covers a range of topics, such as setting up organizations, cost book structures and rules, defining product costing and cost allocations, and doing what-if cost simulations. It also provides an overview of cost analysis and reporting capabilities, including Activity Based Costing. The course provides hands-on exercises to reinforce learning and apply cost management concepts to a real-world environment. This course is ideal for organizations looking to implement or upgrade to a cost management system, as well as organizations looking to train their staff on the concepts and functionality of this product.

This is a Rare Course and it can be take up to 3 weeks to arrange the training.

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The 1-on-1 Advantage

Get 1-on-1 session with our expert trainers at a date & time of your convenience.
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Flexible Dates

Start your session at a date of your choice-weekend & evening slots included, and reschedule if necessary.
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4-Hour Sessions

Training never been so convenient- attend training sessions 4-hour long for easy learning.
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Destination Training

Attend trainings at some of the most loved cities such as Dubai, London, Delhi(India), Goa, Singapore, New York and Sydney.
Live Online Training (Duration : 24 Hours) Fee On Request
We Offer :
  • 1-on-1 Public - Select your own start date. Other students can be merged.
  • 1-on-1 Private - Select your own start date. You will be the only student in the class.

4 Hours
8 Hours
Week Days
Weekend

Start Time : At any time

12 AM
12 PM

1-On-1 Training is Guaranteed to Run (GTR)
Group Training
Date On Request
+ If you accept merging of other students.
Course Prerequisites

There are no prerequisites for this training course. Any user with basic knowledge of accounting and cost management principles can attend it.

Target Audience


The training on R12
x Oracle Cost Management Fundamentals is designed for customers using Oracle E-Business Suite Release 12
1 and 12
2 finance modules (along with cost management suites) who are responsible for cost analysis
It is ideal for but not limited to the target audience such as financial analysts, budget managers, cost analysts and controllers
It is also suitable for those who are responsible for the maintenance and reporting of an organization’s spending, costs, and other financials
The content of this training can also be beneficial to IT professionals who help install, operate, and maintain financial systems
This training also makes it simpler to report budgets, review datasets, and analyze general ledger cost data

Learning Objectives of R12.x Oracle Cost management Fundamentals


1. Understand the basic principles of cost management.
2. Gain an understanding of set up and account structure for Cost management.
3. Learn about the different cost methods and its usage.
4. Gain an understanding of the process, journals and rules within Cost management.
5. Understand the concepts of Plan and Actual Account Openings.
6. Have an insight into budgeting, allocations and encumbrance.
7. Understand the Cost control and Information Integrator.
8. Gain knowledge on how to process and enter Cost Variances.
9. Have an Introduction to Inventory Costing Methods and their impact on the General Ledger.
10. Learn the complete process of Advanced Cost Accounting (ACA) and the reporting features within.

FAQ's

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1-on-1 Public - Select your start date. Other students can be merged.
1-on-1 Private - Select your start date. You will be the only student in the class.
Yes, course requiring practical include hands-on labs.
Yes, we do offer corporate training More details
Yes, we do.
Yes, we also offer weekend classes.
Yes, Koenig follows a BYOL(Bring Your Own Laptop) policy.
It is recommended but not mandatory. Being acquainted with the basic course material will enable you and the trainer to move at a desired pace during classes.You can access courseware for most vendors.
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You can request a refund if you do not wish to enroll in the course.
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Yes, we do.
Yes, Koenig Solutions is a Oracle Learning Partner
Schedule for Group Training is decided by Koenig. Schedule for 1-on-1 is decided by you.
In 1 on 1 Public you can select your own schedule, other students can be merged. Choose 1-on-1 if published schedule doesn't meet your requirement. If you want a private session, opt for 1-on-1 Private.
Duration of Ultra-Fast Track is 50% of the duration of the Standard Track. Yes(course content is same).

Prices & Payments

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Yes of course.

Travel and Visa

Yes we do after your registration for course.

Food and Beverages

Yes.

Others

Medical services in India are at par with the world and are a fraction of costs in Europe and USA. A number of our students have scheduled cosmetic, dental and ocular procedures during their stay in India. We can provide advice about this, on request.
Yes, if you send 4 participants, we can offer an exclusive training for them which can be started from Any Date™ suitable for you.
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“It is an interesting story and dates back half a century. My father started a manufacturing business in India in the 1960's for import substitute electromechanical components such as microswitches. German and Japanese goods were held in high esteem so he named his company Essen Deinki (Essen is a well known industrial town in Germany and Deinki is Japanese for electric company). His products were very good quality and the fact that they sounded German and Japanese also helped. He did quite well. In 1970s he branched out into electronic products and again looked for a German name. This time he chose Koenig, and Koenig Electronics was born. In 1990s after graduating from college I was looking for a name for my company and Koenig Solutions sounded just right. Initially we had marketed under the brand of Digital Equipment Corporation but DEC went out of business and we switched to the Koenig name. Koenig is difficult to pronounce and marketeers said it is not a good choice for a B2C brand. But it has proven lucky for us.” – Says Rohit Aggarwal (Founder and CEO - Koenig Solutions)
All our trainers are fluent in English . Majority of our customers are from outside India and our trainers speak in a neutral accent which is easily understandable by students from all nationalities. Our money back guarantee also stands for accent of the trainer.