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R12.2 Oracle Project Billing Fundamentals Course Overview

R12.2 Oracle Project Billing Fundamentals Course Overview

The R12.2 Oracle Project Billing Fundamentals course is an in-depth training program designed to help learners understand the complexities of billing within Oracle Projects. It covers contract projects, the creation of accounting transactions, managing agreements and funding, multicurrency billing, generating project revenue, invoicing processes, and retention billing. The course also includes integration with Oracle Project Contracts and other Oracle Applications, offering a comprehensive understanding of the Oracle financial ecosystem.

Through the Table of Contents, learners are guided through key concepts such as ledgers, currencies, organizational structures, periods, calendars, implementation options, and resource management. Additionally, the course delves into the specifics of defining contract projects, agreements, funding, revenue generation, invoice creation, and accounting for revenue and invoices, including interproject billing.

By completing this course, learners will gain the necessary skills to efficiently manage project finances, understand customer relationships, and ensure accurate and compliant financial reporting within the Oracle Projects module. The training will also cover essential practices for handling multicurrency transactions and federal budgetary accounting, providing a well-rounded skill set for professionals working in project billing and financial management.

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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Course Prerequisites

To ensure a comprehensive understanding and successful completion of the R12.2 Oracle Project Billing Fundamentals course, participants should meet the following minimum prerequisites:


  • Basic understanding of project management concepts and terminology.
  • Familiarity with general accounting principles and financial operations within an organization.
  • Experience with Oracle E-Business Suite navigation and core functionality is advantageous.
  • Knowledge of Oracle General Ledger and Accounts Receivable processes.
  • Prior exposure to any project-centric applications (e.g., Oracle Projects, Microsoft Project) is beneficial but not mandatory.
  • A willingness to engage with complex financial and project management systems.

These prerequisites are designed to provide a foundation that will help learners effectively grasp the course material and apply it within Oracle Project Billing environments.


Target Audience for R12.2 Oracle Project Billing Fundamentals

  1. The R12.2 Oracle Project Billing Fundamentals course is designed for professionals managing project finances using Oracle software.


  • Project Managers
  • Project Accountants
  • Oracle EBS (E-Business Suite) Financial Users
  • Financial Controllers
  • Billing Specialists
  • Accounts Receivable Clerks
  • IT Professionals who implement financial modules
  • Oracle Functional Consultants
  • ERP Analysts/Consultants
  • Financial Analysts
  • Business Analysts with a focus on project accounting
  • Oracle Technical Consultants looking to understand integration points
  • System Administrators managing Oracle EBS environments


Learning Objectives - What you will Learn in this R12.2 Oracle Project Billing Fundamentals?

Introduction to Learning Outcomes:

Gain expertise in Oracle Project Billing to manage contract projects, revenue, multicurrency billing, and integration with Oracle applications, ensuring accurate financial management and reporting.

Learning Objectives and Outcomes:

  • Understand the structure and setup of contract projects, including the configuration of billing and revenue recognition.
  • Learn to create and manage customer agreements and project funding, including multicurrency considerations.
  • Acquire the skills to process accounting transactions and manage integrations with Oracle Project Contracts and other Oracle Applications.
  • Recognize the importance of ledgers, currencies, and the influence of the chart of accounts on AutoAccounting.
  • Explore the integration of Oracle HRMS and the use of organization hierarchies and classifications in Oracle Projects.
  • Master the setup and implementation of periods, calendars, and implementation options by operating unit.
  • Comprehend the management of people resources, including employees, contingent workers, and external team members.
  • Grasp the processes for generating and adjusting revenue, including accrual methods, revenue events, and foreign currency considerations.
  • Learn to generate, interface, and adjust invoices with a focus on event billing, retention, and tax implications.
  • Develop an understanding of interproject billing, including the setup of internal suppliers and customers, and provider and receiver controls.