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R12.x Oracle Financials New Features Fundamentals

  • Tuition USD $5,000
  • Reviews star_rate star_rate star_rate star_rate star_half 3223 Ratings
  • Course Code R12x-NEW-FEAT
  • Duration 5 days
  • Available Formats Classroom

This course will be applicable for customers who have implemented Oracle E-Business Suite Release 12 or Oracle E-Business Suite 12.1.

Get introduced to the new features of the Oracle Financials Release 12 applications that include Oracle Payables, Oracle Receivables, Oracle General Ledger, Oracle Purchasing, and Oracle Cash Management. The course teaches you how to set up some of the new features. It also provides a base of knowledge for your analysis of the new features in order to use them optimally.

The course takes you through key functions that include multi-org access control, sub-ledger accounting, E-Business tax, and much more. It explores migration and upgrade considerations that will help you utilize the new features effectively.

Learn to:
  • Describe the R12 architecture
  • Explain and set up Multi-Org Access Control (MOAC)
  • Describe and use the new features in R12 of Oracle General Ledger, Oracle Assets,
  • Oracle Purchasing, Oracle Payables, Oracle Receivables, Oracle Cash Management and Oracle EBusiness Tax.
  • Explain the purpose of sub-ledger accounting

Skills Gained

  • Explain and use data access to multiple legal entities and ledgers description
  • Use Enhanced Mass Additions for Legacy Conversions Description
  • List the features and benefits of Deferred Recoverability of taxes in Payables
  • Give an overview of Oracle E-Business Tax and how to process taxes for transactions
  • Explain and use Balance Forward Billing Description
  • which replaces the Consolidated Billing feature in Receivables
  • Explain how to transition to new features in the Collections workbench
  • Bills receivable
  • Trade accounting
  • AR customer supplier netting to mention a few
  • Describe Accounting Setup where the ledger replaces the 11i concept of Set of Books
  • Set up and define the new bank model
  • Describe 12.1 New Features

Prerequisites

  • Knowledge of one or more of the following applications
  • 11i Receivables, 11i General Ledger, 11i Payables, 11i Purchasing, 11i Assets, 11i Cash Management

Course Details

Oracle Financials Overview

Multi-Org Access Control (MOAC)

  • Explaining how Multi-Org Access Control works
  • Identifying the benefits of MOAC
  • Explaining how MOAC is implemented

Sub-ledger Accounting

  • Explaining how Sub-ledger Accounting works
  • Benefits of Sub-ledger Accounting
  • Setup of Sub-ledger Accounting
  • Describe 12.1 New Features

Oracle E-Business Tax

  • Key concepts of E-Business tax
  • Overview of E-Business tax architecture
  • Explaining the upgraded and enhanced features

Oracle General Ledger

  • Accounting Setup Manager
  • Foreign currency enhancements
  • Use of ledgers and sub-ledgers
  • Security enhancements
  • Inter-company enhancements
  • Data Access to Multiple Legal Entities and Ledgers
  • Describe 12.1 New Features

Oracle Fixed Assets

  • Integration with Sub-ledger Accounting
  • Enhanced Mass Additions for Legacy Conversions Description

Oracle Purchasing

  • Professional Buyer’s Work Center and its benefits
  • Enhanced Catalog Access and its benefits
  • Explaining and using new document publishing capabilities
  • Model Complex Pricing for Blanket Line Items
  • Explaining the new catalog facilities
  • Maintaining sourcing rules/ASLs for agreement items
  • Explaining supplier packaging compliance controls
  • Describe 12.1 New Features

Oracle Accounts Payable

  • Using Advanced Asset Tracking tool
  • Deferred recoverability
  • Explaining new payment controls and enhanced information
  • Using payment requests
  • Using self-service invoice entry
  • Describe 12.1 New Features

Oracle Receivables

  • Balance Forward Billing setup and its benefits
  • Receivables E-Business Tax Integration
  • Transition to New Features Collections Workbench
  • Centralized Payment Process
  • Automated Refunds
  • Revenue Contingencies
  • Migrating Taxes from 11.5 to 12.0
  • Describe 12.1 New Features

Oracle Cash Management

  • Explaining the new Bank Account Model and its benefits
  • Bank Account Balances and Interest Calculations
  • Performing account transfers
  • Performing bank statement reconciliation
  • Describe 12.1 New Features

When does class start/end?

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

Does the course schedule include a Lunchbreak?

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.

What does GTR stand for?

GTR stands for Guaranteed to Run; if you see a course with this status, it means this event is confirmed to run. View our GTR page to see our full list of Guaranteed to Run courses.

Does ExitCertified deliver group training?

Yes, we provide training for groups, individuals and private on sites. View our group training page for more information.

Does ExitCertified deliver group training?

Yes, we provide training for groups, individuals, and private on sites. View our group training page for more information.

I was very pleased to be part of this lecture and getting experience with ExitCrtified platform

Excellent.
Great delivery skills by the facilitator and good course content.

I learned many new topics in this training and labs also very interesting to do.

Very well organized. All the course documents, presentations, meetings worked well.

Great company to work with. Have taken training with Exit in the past. This experience is consistent with the others.

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