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Oracle ERP Cloud: Budgetary Control and Encumbrance Accounting Fundamentals

  • Tuition USD $1,848
  • Reviews star_rate star_rate star_rate star_rate star_half 508 Ratings
  • Course Code D99361GC10
  • Duration 2 days
  • Available Formats Virtual

This Oracle ERP Cloud: Budgetary Control and Encumbrance Accounting Fundamentals training teaches you the steps needed to implement and use Budgetary Control and Encumbrance Accounting. Experienced Oracle University instructors teach you how to setups and use the Budgetary Control and Encumbrance Accounting processes including accounting, budgeting, and reporting. You walk away with the skills to optimize the set up and use Budgetary Controls to manager your business.

Investing in this course also gives you access to hands-on labs where you can apply your new knowledge to solving issues you encounter on the job. Working with Oracle University instructors, you will learn from experienced instructors who have an understanding of how this technology works.

Note: This course is relevant for any customers using both Oracle Cloud and On-Premises deployments.

Live Virtual Class Format

A Live Virtual Class (LVC) is exclusively for registered students; unregistered individuals may not view an LVC at any time. Registered students must view the class from the country listed in the registration form. Unauthorized recording, copying, or transmission of LVC content may not be made.

Skills Gained

  • Identify the key concepts of Oracle Financials Budgetary Control and Encumbrance Accounting
  • Navigate the Cloud Applications and use Oracle Functional Setup Manager
  • Understand the Implementing options and use features of Budgetary Control and Encumbrance Accounting
  • Generate various reports used for Budgetary Control and Encumbrance Accounting

Course Details

Budgetary Control and Encumbrance Accounting Overview

  • Identifying the Key Concepts of Oracle Financials Budgetary Control and Encumbrance Accounting
  • Navigating the Cloud Applications and Using Oracle Functional Setup Manager
  • Understanding the Implementing Options and Using Features of Budgetary Control and Encumbrance Accounting
  • Generating Various Reports Used for Budgetary Control and Encumbrance Accounting

Introducing Oracle Cloud Navigation and Using Setup Pages for Maintenance

  • Navigating Oracle Cloud Applications
  • Exploring Dashboards
  • Examining Panels
  • Reviewing Infolets and Infotiles
  • Understanding Personalizations
  • Explaining the Benefits and Key Concepts of Financials Setup Pages
  • UsIng the Opt-in Feature to Enable Offerings, Functional Areas, and Features
  • Understanding the Setup Pages for Ongoing Maintenance

Implementation Options for Budgetary Control

  • Discussing Budgetary Control Features, Integration Points, and Accounting Processing
  • Examining Concepts Used for Budgetary Control
  • Explaining Security for Budgetary Control
  • Enabling Budgetary Control Options
  • Managing Control Budgets
  • Exploring Budget Amounts and Budget Periods

Using Budgetary Control Features

  • Understanding Procurement Cycle Overview
  • Discussing Reserve Funds on P2P Transactions
  • Explainng Budget Override Requests
  • Exploring Closing a Budget Period
  • Managing Carry Forward of Year-end Balances and Tansactions

Implementation Options for Encumbrance Accounting

  • Understanding Encumbrance Accounting Features and Integration Points
  • Applying the Encumbrance Accounting Method
  • Explaining Encumbrance Types and Encumbrance Year
  • Discussing Encumbrance Accounting Entries for P2P Transactions
  • Understanding GL Balances for Reporting
  • Carrying Forward Year-end Balances

Reporting on Budgetary Control and Encumbrance Accounting

  • Understanding Reporting Processes and Solutions
  • Exploring Budget Monitor and Account Group
  • Explaining Budget Consumed and Funds Available Infolets
  • Creating Financial Reporst by Uing the Financial Reporting Studio
  • Exploring Smart View Reporting on Budgetary Control and Encumbrance Accounting
  • Viewing OTBI Reports on Budgetary Control and Encumbrance Accounting
  • Viewing BI Publisher Reports on Budgetary Control and Encumbrance Accounting

Appendix A: Integration with Projects

  • Understanding Budget and Forecast Creation Methods
  • Examining Financial Plan Type Configuration
  • Exploring Control Budgets: Options and Creation
  • Managing Importing Processes
  • Performing Budgetary Control
  • Performing Encumbrance Accounting

How do I enroll?

A comprehensive listing of ExitCertified courses can be found here. You can register directly for the required course/location when you select "register". If you have any questions or prefer to speak with an ExitCertified education consultant directly, please submit your query here. A representative will contact you shortly.

How do I pay for a class?

You can pay at the time of registration using credit card (Mastercard/Visa/American Express) cheque or PO.

What if I have training credits?

ExitCertified honors all savings programs from the partners we work with. ExitCertified also offers training credits across multiple partners through our FLEX Account.

When does class start/end?

Classes begin promptly at 9:00 am, and typically end at 5:00 pm.

Lunchtime?

Lunch is normally an hour long and begins at noon. Coffee, tea, hot chocolate and juice are available all day in the kitchen. Fruit, muffins and bagels are served each morning. There are numerous restaurants near each of our centers, and some popular ones are indicated on the Area Map in the Student Welcome Handbooks - these can be picked up in the lobby or requested from one of our ExitCertified staff.

How can someone reach me during class?

If someone should need to contact you while you are in class, please have them call the center telephone number and leave a message with the receptionist.

What languages are used to deliver training?

Most courses are conducted in English, unless otherwise specified. Some courses will have the word "FRENCH" marked in red beside the scheduled date(s) indicating the language of instruction.

I just finished the 3 days training on AWS Solution Architect course instructed by Seid. He is very knowledgeable. He engaged the students and he is very friendly. The labs were well planned. I strongly suggest people to take the course.

Had great paid experiences, the free experience was not a waste of time, it provided the overview AWS that I needed to get started.

This was my second course through ExitCertified, and it continues to be a great way to learn and advance my career!

The course had a balanced structure with labs that helped supplement the learning material and it was incredibly beginner friendly.

No comment because there's no interaction with ExitCertified . So nothing that I don't like

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