Oracle E-Business Suite R12 General Ledger Training

Oracle E-Business Suite R12 General Ledger training imparts the knowledge and skills to maximize accounting process efficiency across the enterprise. The aspirants will learn how to setup Oracle General Ledger and integrate it with eBusiness Suite other applications. Under the guidance of an experienced mentor, the participants will get exposure on completing the accounting cycle.The process of working on journal entries, creating reverse entries, managing data access security and other details are covered and explained how they Genral Ledger can help in optimizing the accounting procedures of an organization.

By the end of the training, the participants will exhibit the following skills:

• Setup Oracle General Ledger and integrate it with other eBusiness Suite of applications
• Implement security considerations
• Manage the complete accounting cycle
• Understand how Summary Accounts work
• Work with Mass Allocation Journals, Journal Scheduling, Journal Approval and more task related to Advanced Journal Entries
• Implement data access security
• Handle transactions in multi-currency
• Generate financial reports

Target audience

• End Users
• Functional Implementer
• Project Manager

Prerequisites

The candidates with accounting knowledge and experience in navigating Oracle Applications can undergo this training. However, hands on R12.x Oracle E-Business Suite Essentials for Implementers will be an added advantage.

Exams

1. Oracle General Ledger Process

• Understanding the General Ledger Functions and Features
• Analyzing the General Ledger Accounting Cycle
• Reviewing General Ledger Integration Points
• Generating Standard Reports and Listings

2. Ledger

• Describing the Elements Required to Define Ledgers
• Identifying Attributes, Options and Settings to Define the Accounting Flexfield
• Defining an Accounting Calendar

3. Using Accounting Setup Manager

• Creating Accounting Setups
• Creating Accounting Setup Structures
• Completing Accounting Options
• Analyzing Reporting Currencies

4. Basic Journal Entries

• Describing how Journal Entries are Positioned in the Accounting Cycle
• Identifying Attributes, Options and Settings to Define the Accounting Flexfield
• Defining an Accounting Calendar
• Creating Manual Journal Entries
• Posting Journal Entries
• Performing Accounting Inquiries
• Performing Drilldowns to Oracle Sub-ledger applications
• Creating Reversing Entries

5. Summary Accounts

• Understanding how Summary Accounts are used in General Ledger
• Defining Rollup Groups for Creating Summary Accounts
• Assigning Parent Values to Rollup Groups
• Entering Summary Account Templates
• Discussing Implementation Considerations

6. Advanced Journal Entries

• Understanding Advanced Journal Entries Functions
• Understanding the Business Benefits of Advanced Journal Entries
• Understanding Recurring Journals
• Understanding Mass Allocation Journals
• Understanding Auto-Allocations
• Understanding Journal Scheduling
• Understanding Journal Approval

7. Advanced Security

• Describing Data Access Security for Legal Entities and Ledgers
• Understanding Management Reporting and Security

8. Financial Budgeting

• Understanding Anatomy of a Budget
• Completing the Budget Accounting Cycle
• Discussing Budget Entry MethodsUploading Budget Amounts
• Transferring Budget Amounts
• Freezing and Unfreezing Budget Amounts

9. Multi-Currency

• Defining Foreign Currencies Entering
• Foreign Currency Journals Revaluing
• Foreign Currency Balances Translating
• Balances Into Foreign Currency

10. Consolidations

• Identifying Consolidations Across the General Ledger Business Process
• Understanding Key Implementation Issues Across Consolidations
• Understanding the Global Consolidation System
• Defining the Elements of the Consolidation Workbench

11. Period Close

• Understanding the Accounting Cycle
• Understanding Steps in the Close Process
• Performing Journal Import of Sub-ledger Balances
• Generating Revaluation
• Understanding the Closing Period
• Consolidating Account Balances

12. Financial Reporting

• Identifying Financial Reporting Across the General Ledger Business Process
• Understanding Basic Report Building Concepts
• Understanding the Financial Statement Generator
• Generating Financial Reports using the Standard Request Submission Form

13. Oracle Advanced Global Intercompany System

• Setting Up Intercompany and Intracompany Balancing
• Setting Up Advanced Global Intercompany System
• Setting up Intercompany Security
• Setting up Approvals Management