R12 Oracle General Ledger Management Fundamentals

What you will learn

This course will enable the user to maximize accounting process efficiencies across the enterprise while still achieving a high level of information and setup security.

Additionally, this course will teach the fundamental improvements in Oracle General Ledger enabling students to perform simultaneous accounting for multiple reporting requirements and access and process data for multiple ledgers and legal entities at the same time using the power of ledger sets.

Learn To:
  • Understand the steps for completing the full accounting cycle
  • Understand the ledger concept
  • Understand the various implementation considerations
  • Understand how Oracle General Ledger integrates with the eBusiness Suite of applications
  • Understand the capabilities of securing data within Oracle General Ledger


Audience
 End Users
Functional Implementer
Project Manager

Prerequisites
 Understand how to navigate Oracle Applications
Possess accounting knowledge
R12 Oracle E-Business Suite Essentials for Implementers

Course Objectives
 Identify the steps required to complete the accounting cycle
Describe the implementation considerations
Understand how Oracle General Ledger integrates with the eBusiness Suite of applications

Course Topics
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

Accounting Setup Manager
 Understanding the required Accounting Setups
Describing Reporting Currencies
Describing Accounting Setup Considerations

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

Basic Journal Entries
 Describing how Journal Entries are Positioned in the Accounting Cycle
Identifying the Types of Journal Entries
Creating Manual Journal Entries
Posting Journal Entries
Performing Accounting Inquiries
Performing Drilldowns to Oracle Sub-ledger applications
Creating Reversing Entries

Using Accounting Setup Manager
 Creating Accounting Setups
Creating Accounting Setup Structures
Completing Accounting Options
Analyzing Reporting Currencies

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

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

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

Financial Budgeting
 Understanding Anatomy of a Budget
Completing the Budget Accounting Cycle
Discussing Budget Entry Methods
Uploading Budget Amounts
Transferring Budget Amounts
Freezing and Unfreezing Budget Amounts

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

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

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

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

Intercompany and Intracompany
 Understanding the differences between Intercompany and Intracompany transactions
Understanding the setups required to perform intercompany and intracompany transactions.
Creating manual Intercompany and Intracompany transactions.

Suggested Next Courses
 R12 Oracle Payables Management Fundamentals
R12 Oracle Receivables Management Fundamentals