R12.2 Oracle Internet Expenses Fundamentals Course Overview

R12.2 Oracle Internet Expenses Fundamentals Course Overview

The R12.2 Oracle Internet Expenses Fundamentals course is designed to provide a comprehensive understanding of the Oracle Internet Expenses (OIE) module, which is a critical component of the Oracle E-Business Suite. The course covers the process of expense reporting, highlighting the advantages and product features of using Internet Expenses to streamline and automate expense management.

Learners will dive into the integration setup necessary for OIE, including requirements and implementation strategies across various Oracle applications such as Human Resources and Payables. The course will guide participants through the setup process, including defining report templates, setting up schedules, and customizing expense entry.

Key areas such as tax setup, audit automation, manager approvals, and workflow processes are covered in depth, providing students with the knowledge to configure and manage these aspects effectively. The course also addresses credit card administration and disconnected expense spreadsheet configuration, ensuring a holistic understanding of managing expenses within a corporation.

Finally, the course delves into reporting and analysis, offering insights into the reporting options available within Internet Expenses. By the end of the course, learners will be equipped with the skills necessary to optimize the expense reporting process, enforce compliance, and provide analytical insights within their organization.

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

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  • Live Online Training (Duration : 24 Hours)
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♱ Excluding VAT/GST

Classroom Training price is on request

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Course Prerequisites

To successfully undertake the R12.2 Oracle Internet Expenses Fundamentals course, the following minimum prerequisites are recommended:

  • Basic understanding of Accounts Payable processes.
  • Familiarity with the general ledger and purchasing processes within an ERP system.
  • Knowledge of Oracle E-Business Suite navigation and core functionality.
  • Awareness of the expense reporting cycle and its importance in a business context.
  • Some experience or understanding of Oracle Application Object Library (AOL).
  • Prior exposure to or experience with Oracle Human Resources (HR) setup to comprehend integration points.

These prerequisites are designed to ensure that participants have a foundational understanding that will enable them to grasp the concepts and practical applications taught in this course effectively. Our goal is to empower learners, and while some baseline knowledge is advantageous, our expert instructors are committed to guiding all participants through the material, regardless of their starting skill level.

Target Audience for R12.2 Oracle Internet Expenses Fundamentals

The R12.2 Oracle Internet Expenses Fundamentals course is designed for professionals managing and implementing expense solutions.

  • Oracle Financials System Administrators
  • Oracle Payables Managers
  • Financial Analysts
  • Accounts Payable Staff
  • IT Professionals working on Oracle Financials
  • Oracle Projects Managers
  • Grants Managers
  • Business Analysts with a focus on financial processes
  • Oracle Application Implementers
  • Technical Consultants specializing in Oracle Applications
  • ERP Consultants/Strategists
  • Financial Controllers
  • Auditors involved in expense management processes
  • Compliance Officers dealing with financial reporting and auditing
  • HR Professionals overseeing employee expense policies

Learning Objectives - What you will Learn in this R12.2 Oracle Internet Expenses Fundamentals?

Introduction to Course Learning Outcomes:

Gain comprehensive knowledge of the Oracle Internet Expenses (OIE) process, from setup to reporting, and learn how to streamline expense management and enhance financial visibility within the R12.2 Oracle framework.

Learning Objectives and Outcomes:

  • Understand the expense reporting process within Oracle Internet Expenses and the benefits of its adoption.
  • Identify key integration requirements and set up procedures with base applications such as Oracle Application Object Library and Human Resources.
  • Configure expense report templates, schedules, and operating units to tailor the OIE to organizational needs.
  • Implement tax setup configurations for accurate tax calculations and VAT processing within expense reports.
  • Set up and manage robust audit rules and lists using OIE's audit automation features to ensure compliance and control.
  • Describe and configure the Approvals Management Engine (AME) for streamlined manager approvals and routing processes.
  • Customize and utilize the disconnected expense spreadsheet to facilitate expense reporting without constant internet connectivity.
  • Set up and manage the Internet Expenses workflow, including the handling of credit card transactions and the related workflow processes.
  • Establish and administer credit card programs, including account setups, transaction mappings, and policy enforcement.
  • Utilize and understand the reporting and analysis tools within Oracle Internet Expenses to monitor expense trends and generate insightful financial reports.