Oracle Financials Cloud: Enterprise Structures with General Ledger Implementation

Oracle Financials Cloud: Enterprise Structures with General Ledger Implementation

Description: This Oracle Financials Cloud: Enterprise Structures with General Ledger Implementation training teaches you the steps needed to implement Enterprise Structures which is the foundation of the Cloud Financial Applications and Oracle Fusion General Ledger. Experienced Oracle University instructors teach you use the Financials Rapid Implementation task list in Oracle Fusion Functional Setup Manager to configure master data objects.

Learn To:

• Identify the key concepts of Oracle Financials Rapid Implementation that determine a successful implementation
• Review implementation considerations for configuring the common applications configurations, enterprise structure, security, and inter-company options
• Use the Oracle Functional Setup Manager (FSM) to implement Oracle Financials
• Discuss the importance of legal entity configurations and their impact on financial transactions
• Understand integration points, implementation considerations, and enterprise structures
• Set up Oracle Fusion General Ledger
• Discuss base functions of the General Ledger including journal entries, financial reporting configuration, period close components, and an introduction to budgeting and consolidations

Duration: 5 Days

Course Objectives:

• Learn the major implementation components for Oracle Fusion General Ledger
• Configure ledgers
• Configure Period Close components
• Configure consolidations
• Discuss the common applications configuration for General Ledger
• Understand the Financial Reporting options
• Configure budgets
• Learn how to use Oracle Functional Setup Manager and the Rapid Implementation Spreadsheets to implement Oracle Fusion General Ledger
• Configure Journal Approval

Audience:

• Business Analysts
• Configuration Consultant
• Financial Analyst
• Implementation Consultant

Prerequisites:

Topics:

Introduction to Oracle Fusion Enterprise Structures with General Ledger Implementation

• Introduce the Oracle Fusion Applications
• Discuss Oracle Financials Cloud Applications
• Discuss Your Implementation Strategy
• Discuss Common Financial Applications Configuration
• Identify Your Implementation Needs

Introducing Oracle Fusion Navigation

• Navigating Oracle Cloud Applications
• Exploring Dashboards
• Examining Panels
• Reviewing Infolets and Infotiles
• Understanding Personalizations

Introducing Functional Setup Manager

• Describing Oracle Fusion Functional Setup Manager
• Browsing and Configuring Offerings and Functional Areas
• Reviewing the Oracle Fusion Financials Offering
• Reviewing the Reports Associated with the Oracle Fusion Financials Offering
• Creating an Implementation Project
• Explaining Setup Data Export and Import

Overview of Security

• Understanding the Oracle Security Model
• Discussing the Security Console
• Examining changes to the Common Security Features

Discussing the Vision Story and Common Applications

• Discussing the Vision Corporation Story Elements
• Exploring Geography

Configuring Enterprise Structures

• Entering Enterprise Structures Using the Rapid Implementation Spreadsheet
• Defining Legal Jurisdictions and Authorities
• Searching for Legal Entities
• Creating Legal Reporting Units

Configuring General Ledger Components

• Managing Value Sets
• Defining Chart of Account Components
• Managing and Publishing Account Hierarchies
• Maintaining Segment Values
• Managing Cross-Validation Rules
• Creating Account Combinations
• Defining Calendars and Currencies

Configuring Ledger

• Defining Ledgers and Ledger Options
• Assigning Balancing Segments
• Managing Reporting Currencies
• Mapping Chart of Accounts
• Exploring the GL Balances Cube
• Creating Ledger Sets
• Defining GL Security

Configuring Journal Approval

• Describing the Key Concepts of Approval Management
• Performing Basic Approval Configurations
• Creating Journal Approval Rules

Configuring Oracle Fusion Intercompany

• Explaining the Intercompany Features
• Setting Up Intercompany Balancing
• Setting Up the Intercompany Transactions
• Runing Intercompany Reconciliation and Reporting

Configuring Period Close Components

• Discussing the Close Monitor
• Opening and Closing Periods
• Allocating Balances
• Managing Revaluations
• Running Translations
• Importing Journal Entries
• Reconciling Balances

Configuring Financial Reporting

• Describing the Features of the Financial Reporting Center
• Describing Smart View Features
• Creating Financial Reports Using the Financial Reporting Studio
• Understanding Infolets and Account Groups
• Viewing an Account Group and Use the Sunburst Visualization Tool from the Financial Reporting Center
• Discussing Oracle Transactional BI Reports
• Understanding BI Publisher Reports

General Ledger Options

• Managing Suspense Accounts
• Managing Statistical Units of Measure
• Managing Journal Sources and Categories
• Managing Document and Journal Sequencing
• Managing AutoPost and AutoReverse Criteria Sets
• Managing General Ledger Profile Options
• Managing Processing Schedules

Introducing Consolidations

• Discussing Consolidation Methods
• Exploring the Reporting Consolidation Option
• Examining the Balance Transfer Consolidation Option
• Defining Integration with Oracle Hyperion Financial Management with Oracle Fusion General Ledger

Introducing Budgets

• Describing Budgeting Preperation
• Explaining Integration with Oracle Hyperion Planning
• Defining the Budget Scenario Dimension
• Loading Data with ADFdi and Oracle Smart View

Appendix A: Common Application Topics

• Managing Oracle Social Network Objects
• Defining Flexfields
• Defining Lookups
• Defining Profile Options
• Defining Attachments

Appendix B: Integrations and Interfaces Highlighted

• Explaining Key Concepts for Cloud Integration
• Discussing Prepackaged Integrations
• Understanding Cloud Connectors

Appendix C: Implementing Financials for China

• Managing Enterprise Financial Data Export Options for China
• Defining the Structure for Natural Accounts for China
• Creating Enterprise Additional Account Attributes for China