R12.x Oracle Project Billing Fundamentals Ed1 Course Overview

R12.x Oracle Project Billing Fundamentals Ed1 Course Overview

The R12.x Oracle Project Billing Fundamentals Ed1 course is designed to educate learners on the comprehensive billing process within Oracle's R12.x Projects suite. It enables participants to understand how to manage and bill for contract projects effectively. The course covers a wide range of topics, including the creation and management of agreements, funding, multicurrency billing, project revenue recognition, invoice generation, retention billing, and the integration with Oracle Project Contracts.

Learners will gain insights into accounting transactions associated with billing, how to define contract projects, and how to handle complex billing arrangements. The course also delves into invoice adjustments, revenue adjustments, and the necessary setups for interproject billing. By the end of the course, participants will be equipped with the knowledge to ensure accurate and efficient project billing, ultimately improving the financial management of projects within an organization. This training will be beneficial for professionals looking to enhance their skills in Oracle's project billing module, contributing to their proficiency in financial and project 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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  • Live Online Training (Duration : 24 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

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Course Prerequisites

Certainly! Here are the minimum required prerequisites for successfully undertaking the R12.x Oracle Project Billing Fundamentals Ed1 course:


  • Basic understanding of project management concepts and terminology.
  • Familiarity with the fundamentals of accounting and financial operations within a business environment.
  • Knowledge of Oracle E-Business Suite Navigation and Oracle Applications' core functionality.
  • Prior exposure to Oracle Projects or other project accounting software is helpful, but not mandatory.
  • General comprehension of multi-currency transactions and their impact on financial reporting.

These prerequisites are designed to ensure that you have a foundational understanding that will allow you to fully benefit from the course content. The course will build upon this knowledge to help you master Oracle Project Billing.


Target Audience for R12.x Oracle Project Billing Fundamentals Ed1

The R12.x Oracle Project Billing Fundamentals Ed1 course is designed for professionals managing project finances using Oracle software.


  • Project Managers
  • Project Accountants
  • Financial Analysts
  • Oracle EBS Consultants
  • Project Billing Specialists
  • ERP Analysts
  • Implementation Consultants
  • Financial Controllers
  • Business Analysts with a focus on project accounting
  • IT Professionals responsible for Oracle Project Billing system maintenance and setup
  • Operations Managers overseeing project financials
  • Project Administrators involved in billing and revenue recognition
  • Compliance Officers dealing with project financial regulations and standards


Learning Objectives - What you will Learn in this R12.x Oracle Project Billing Fundamentals Ed1?

Introduction to the Course's Learning Outcomes:

The R12.x Oracle Project Billing Fundamentals Ed1 course equips learners with the expertise to effectively manage project billing within the Oracle Projects suite, ensuring accurate and compliant financial management.

Learning Objectives and Outcomes:

  • Understand the structure and setup of contract projects, including project classes, templates, and types.
  • Learn to configure billing setups, define bill rates, and manage customer billing information.
  • Gain proficiency in creating and managing agreements, funding sources, and budget baselines for projects.
  • Acquire knowledge on multicurrency billing and managing revenue in foreign currencies.
  • Master the revenue generation process, including revenue accrual methods, events, adjustments, and accounting.
  • Develop skills in generating, reviewing, and adjusting invoices, and interfacing them with Oracle Receivables.
  • Understand the principles of AutoAccounting and Subledger Accounting for accurate project accounts.
  • Learn to handle unbilled receivables, unearned revenue, and federal budgetary accounting.
  • Explore the intricacies of interproject billing, including setups for internal suppliers and customers.
  • Obtain the ability to integrate project billing with Oracle Project Contracts for comprehensive project management.