Learn the Oracle R12.x Project Costing Fundamentals with Our Comprehensive Course

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R12.x Oracle Project Costing Fundamentals Course Overview


Oracle Project Costing Fundamentals course is intended for professionals wanting to become proficient at Project Costing features in Oracle E-Business Suite Release 12. It is an essential course for those interested in knowing how to manage and track project costs within Oracle Projects.
This course covers a comprehensive range of topics related to project costs, from an introduction to Oracle projects to the detailed implementation and configuration. Participants will learn why and how to implement projects, accounts, forecasts, tasks, and other related processes. In addition, they will learn how to configure and setup project costing within Oracle Projects and maintain and control project costs at the task level.
By the end of this Oracle Project Costing Fundamentals course, participants will be able to:
-Identify the features and components of the Oracle Projects module.
-Manage and segment project accounting within Oracle Projects.
-Create and maintain forecast and actual costs within Oracle Projects.
-Control and monitor project costs.
-Create and maintain projects and tasks.
-Perform billing and invoicing functions.

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.

You will learn:

  • Defining Costing-Related Project Information
  • Controlling Expenditures
  • Entering, Releasing, and Submitting PreApproved Batches
  • Automatically Reversing Expenditure Batches
  • Entering Expenditure Batches Using Microsoft Excel
  • Importing Transactions
  • Details are not available.
  • Performing Cost Distribution
  • Creating Accounting
  • Running Streamline Processes
  • Understanding Period Processing
  • Implementing AutoAccounting
  • AutoAccounting and the Account Generator
  • Integration with Oracle Subledger Accounting
  • Details are not available.
  • Overview of Burdening
  • Storing Burden Costs
  • Accounting for Burden Costs
  • Defining Burden Structures and Schedules
  • Processing Burden Costs
  • Details are not available.
  • Overview of Supplier Costs
  • Integration with Oracle Purchasing
  • Integration with Oracle Payables
  • Interfacing Supplier Costs
  • Managing Subcontractor Payments
  • Commitment Reporting
  • Adjusting Supplier Costs
  • Implementing Integration
  • Entering and Processing Project-Related Expense Reports
  • Implementation Setup Steps
  • Entering and Processing Project-Related Timecards
  • Implementation Setup Steps
  • Defining Allocation Rules
  • Processing Allocations
  • Defining AutoAllocations Sets
  • Processing AutoAllocations
  • Overview of Asset Capitalization
  • Capitalizing Assets
  • Implementing Asset Capitalization
  • Overview of Cross Charge
  • Processing Borrowed and Lent Cross Charges
  • Implementing Borrowed and Lent Cross Charge Processing
  • Integration with Oracle Inventory
  • Integration with Oracle Project Manufacturing
  • Integration with Oracle Asset Tracking
  • Budgetary Controls
  • Overview of Budget Integration
  • Top-Down Budget Integration
  • Bottom-Up Budget Integration
  • Non-Integrated Budgets with Budgetary Controls
  • Implementing Budgetary Controls and Budget Integration
  • Overview of Capitalized Interest
  • Implementing Capitalized Interest
Live Online Training (Duration : 32 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
Course Prerequisites

This course is intended for Oracle Project Costing customers and requires that students have a basic understanding of the Oracle Applications, such as an understanding of the terminology and an understanding of the project life cycle. Prior knowledge of basic accounting principles is also recommended.

Target Audience


The intended audience for R12
x Oracle Project Costing Fundamentals training could include any individuals, teams or organizations who work in any type of business setting who need to understand and use the core concepts and processes of Oracle Project Costing software
This may include Cost Analysts, Business Analysts, Project Managers, Executive Decision Makers, Programmers and Developers, Business Engineers, Project Sponsors and Business Owners
Individuals will benefit from this training as it will help them understand the fundamentals of how Oracle Project Costing works
The course will also help users maximize their business decisions, operational efficiencies and accuracy, providing input for project budgeting, resource planning, scheduling and capturing costs related to a project

Learning Objectives of R12.x Oracle Project Costing Fundamentals


1. Understand the setup options for Oracle Project Costing including responsibilities, system options, and project features.
2. Learn to create project definitions and tasks along with budgets and controls.
3. Practice entering and processing invoices, encumbrances, commitments and cost accounts.
4. Comprehend the concepts of revenue and billing, cost management and associated reporting.
5. Become knowledgeable in creating project and task forecasts and understanding variance analysis.
6. Learn to utilize financial analytics to generate scenarios, analyze and verify economic impacts.
7. Develop an understanding of employee and contractor time entry, billing and budgetary impacts.
8. Understand how inventory and services are tracked, invoiced and accounted for in projects.

FAQ's


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.
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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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