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Oracle Apps Financials

This document provides an overview of key concepts and processes in Oracle Financials including: 1) Setting up general ledger accounts, currencies, flexfields, and charts of accounts; 2) Entering and posting journal entries; 3) Accounts receivable and payable processes like invoicing, payments, adjustments; 4) Budgeting, reporting currencies, and consolidations; 5) Cash management and bank reconciliation.

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435 views

Oracle Apps Financials

This document provides an overview of key concepts and processes in Oracle Financials including: 1) Setting up general ledger accounts, currencies, flexfields, and charts of accounts; 2) Entering and posting journal entries; 3) Accounts receivable and payable processes like invoicing, payments, adjustments; 4) Budgeting, reporting currencies, and consolidations; 5) Cash management and bank reconciliation.

Uploaded by

creature
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Oracle Apps Financials ( 11.5.

10 )

Introduction to Oracle Financials

* Integration among Financials

System Administration

* Define Users and assign Responsibilities

* Concept of Concurrent Programs / Reports

* Concept of Profile Options and their significance

Journal Entry JE

* Recurring / Tax / STAT / Suspence / Reverse

* Mass Alocation / Conversion / Intercompany

Genera ledger

Configuration / Setup

* Define (Non-ISO) or Enable (ISO) Currencies

* Design Accounting Calendar

* Concept of Flex fields in Oracle Applications

* Difference between Key and Descriptive Flex fields

* Design Value Sets and Define Values

* Design Chart of Accounts and Considerations

* Design Set of Books

* Assign Set of Books to Responsibilities


Journal Processing

* Enter Manual Journals

* Post individual and multiple

* Journals Automate Journal posting

* View Account Balances online

* Run reports to view account balances

* Reverse Journals after posting

* Automate Journal Reversals

Inter-company Journals: Processing and Issues

Design Suspense Accounts

Journal Approvals

Journal Entry Tax and its relevance

Rollup Groups and Summary Templates

Document Sequence for journals

Import Journals from other applications, Legacy Systems

Budgets

* Enter Budgets Manually

* Post Budgets

* View Budget or Fund Balances

Revaluation

Need for Revaluation

* Design the template

Translation
* Business Consideration

* View Balances

Consolidation

* Business Needs

* Map Subsidiaries to Parent

* View Results

Multiple Reporting Currencies

* Business Needs

* Advantages and Limitations

Accounts Receivables

Configuration / Setup

* System Options

* Auto accounting

* Grouping rules

* Other setup steps

Define Customers

Invoice Processing

* Standard Invoices

* Credit Memo/ Debit Memo

* Customer Advance
* Recurring Invoices

* Import Invoice using AutoInvoic Import

Adjustments to Invoices

* Editing

* Cancellation

Receipts Processing

* Individual/ Batches

* Open Receipts

* Apply against invoices

* Supplier/ Customer knockoff

Adjustments to Receipts: Editing/ Cancellation

Accounting Events: Introduction/ Transfer to GL

Bills Receivables

Cash Management

Enter Bank Statements

* Manual Entry

* Import Statements from bank (Concept)

Reconciliation

* Manual

* Automatic
Cash Forecasting

Cash Positioning

* Data Migration/ Conversion

* Open Interfaces

Oracle Payables

Multiple Organizations

* Need for multiple organizations

* Business Group

* Legal Entity

* Operating Unit

* Inventory Organization

Configuration / Setup

* Map Set of Books

* Design Financials Options

* Design Payable Options

* Create Bank Accounts

* Payment Terms/ Distribution Sets

* Taxes (Input, Offset, Recoverable, Withholding)

* Special Calendars

* Control Accounting Periods

Create Suppliers and Employees

Invoice Processing
* Standard Invoices

* Credit Memo/ Debit Memo

* Expense Reports (Employee Reimbursements)

* Prepayments (Supplier Advances)

* Recurring or Regular Invoices

* Quick Data Entry

* Create A/c entries and transfer to GL

Adjustments to Invoices

* Edit Invoices

* Cancellation

Hold Invoices

Import invoices from other applications

Payment Processing

* Individual Payments

* Batch Payments

* Void/ Cancellation

* Payment Reconciliation

* Integration with Cash Management

* Accounting Events

Transfer Assets to Fixed Assets

* Editing Cancellation

Fixed Assets
* Setup Calendar

* Setup category

* Setup Asset Book Asset Addition

* Asset Retirement

* Asset Revaluation

* Mass Additions

* Lease Asset

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