R12.x Oracle Receivables Management Fundamentals Course Overview

To ensure a successful learning experience in the R12.x Oracle Receivables Management Fundamentals course, participants should meet the following minimum prerequisites:

• Basic understanding of accounts receivables principles and practices.
• Familiarity with the general business processes of order-to-cash cycles.
• Basic knowledge of accounting principles, particularly as they apply to the management of receivables.
• Prior experience with or exposure to any ERP system could be beneficial, though not mandatory.
• Computer literacy, including the ability to navigate through software applications.
• Willingness to engage in hands-on practice and apply theoretical concepts in a software environment.
• Ability to communicate effectively in the language in which the course is offered.

Please note that while these prerequisites are designed to facilitate a productive learning experience, a strong motivation to learn and a commitment to the training process are equally important. Koenig Solutions welcomes students with varying levels of experience and offers instructional support to help all participants achieve success in their training endeavors.

Target Audience for R12.x Oracle Receivables Management Fundamentals

The R12.x Oracle Receivables Management Fundamentals course offers comprehensive training on the Oracle Receivables process within the Order to Cash lifecycle.

Target Audience for the R12.x Oracle Receivables Management Fundamentals Course:

• Financial Analysts
• Accounts Receivable Specialists
• Oracle E-Business Suite Consultants
• ERP System Analysts
• Financial Controllers
• Finance Managers
• IT Professionals implementing Oracle Financials
• Oracle Functional Implementers
• Business Analysts with a focus on financial and accounting processes
• Billing and Revenue Managers
• Cash Managers
• Credit Managers
• Professionals in charge of period close processes in finance departments
• Technical Support staff specializing in Oracle Financials applications

Learning Objectives - What you will Learn in this R12.x Oracle Receivables Management Fundamentals?

Introduction to Course Learning Outcomes

This course provides a comprehensive understanding of Oracle Receivables R12.x, covering the full Order to Cash lifecycle and integration between Oracle applications.

Learning Objectives and Outcomes

• Understand the overall Order to Cash Process, from Order Entry to Bank Reconciliation, and its key components.
• Gain knowledge of where Receivables processing fits within the Order to Cash Cycle and the overall Receivables Process.
• Acquire the skills to manage parties and customer accounts, including creating profile classes and maintaining party information.
• Learn to process invoices efficiently using the Auto-Invoice feature and correct errors with Auto-Invoice Exception Handling.
• Develop the ability to create, correct, and print invoices, and manage promised commitment accounts.
• Understand the Bill Presentment Architecture (BPA) processes, including template creation and assignment rules.
• Gain insights into the Credit Management setup, processing, and performance review, including credit hierarchy application.
• Comprehend the setup and key implementation considerations for customer invoicing and receipt processing.
• Learn how to process tax in Oracle Receivables, manage tax accounts, and make tax adjustments.
• Understand period-end closing activities, including running Revenue Recognition and General Ledger Interface programs.
• Acquire knowledge on the reconciliation process within Oracle Receivables, Oracle Payables, and integration with other Oracle applications.