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R12.x Oracle Project Costing Fundamentals

Course Details
Code: R12x-PRO-COST
Tuition (USD): $3,908.00 • Classroom (4 days)
Course Details
GSA (USD): $3,083.12 • Classroom (4 days)
This course is available in other formats
R12.x Oracle Project Costing Fundamentals (Training On Demand) (D86222GC10)

In this course, students will learn about the implementation of R12.1 Oracle Project Costing. The course encompasses key setup considerations, from implementing expenditures and accounting to running costing processes, and explains some of the impacts of implementation decisions. Students will also learn how this product fits into the Oracle eBusiness Suite. Students will learn through the use of tutorials, supplemented with guided demonstrations and hands on practices.

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

Oracle Project Costing is an integrated project-based cost collection, management, and accounting solution that enables organizations to effectively manage projects and activities. Project managers are empowered with timely, detailed cost information to monitor project performance, while financial managers can track and account for the total costs of running their business. Oracle Project Costing is part of the Oracle Enterprise Project Management solution. Oracle Enterprise Project Management provides a set of applications that help companies deliver global projects by integrating and managing project information. It enables all persons at all levels of the enterprise to participate and collaborate on the projects at appropriate levels in a centralized environment. This course will be applicable for customers who have implemented Oracle E-Business Suite Release 12 or Oracle E-Business Suite 12.1.

Skills Gained

  • Set up R12.1 Oracle Project Costing
  • Identify the features of Oracle Project Costing
  • Describe how Oracle Project Costing integrates with the Oracle eBusiness Suite
  • Understand the impacts of key implementation decisions


  • Basic knowledge of project management
  • Basic knowledge of project accounting

Course Details

Overview of Oracle Project Costing

Defining Projects for Costing

  • Defining Costing-Related Project Information
  • Controlling Expenditures

Overview of Budgetary Controls, Budget Integration and Core Budgeting

  • Budgetary Controls
  • Budget Integration
  • Implementation

Entering Expenditures

  • Entering, Releasing, and Submitting PreApproved Batches
  • Automatically Reversing Expenditure Batches
  • Entering Expenditure Batches Using Microsoft Excel
  • Importing Transactions

Implementing Expenditures

Performing Cost Processing

  • Performing Cost Distribution
  • Creating Accounting
  • Running Streamline Processes
  • Understanding Period Processing

Accounting for Costs

  • Implementing AutoAccounting
  • AutoAccounting and the Account Generator
  • Integration with Oracle Subledger Accounting

Implementing Non-Labor Costing

Implementing Labor Costing

Implementing Burden Costing

  • Overview of Burdening
  • Storing Burden Costs
  • Accounting for Burden Costs
  • Defining Burden Structures and Schedules
  • Processing Burden Costs

Performing Cost Adjustments

Integration with Oracle Purchasing and Oracle Payables

  • Overview of Supplier Costs
  • Integration with Oracle Purchasing
  • Integration with Oracle Payables
  • Interfacing Supplier Costs
  • Managing Subcontractor Payments
  • Commitment Reporting
  • Adjusting Supplier Costs
  • Implementing Integration

Integration with Oracle Internet Expenses

  • Entering and Processing Project-Related Expense Reports
  • Implementation Setup Steps

Integration with Oracle Time Labor

  • Entering and Processing Project-Related Timecards
  • Implementation Setup Steps

Allocations and AutoAllocations

  • Defining Allocation Rules
  • Processing Allocations
  • Defining AutoAllocations Sets
  • Processing AutoAllocations

Asset Capitalization

  • Overview of Asset Capitalization
  • Capitalizing Assets
  • Implementing Asset Capitalization

Cross Charge

  • Overview of Cross Charge
  • Processing Borrowed and Lent Cross Charges
  • Implementing Borrowed and Lent Cross Charge Processing

Appendix A: Integration with Oracle Inventory, Project Manufacturing, and Asset Tracking

  • Integration with Oracle Inventory
  • Integration with Oracle Project Manufacturing
  • Integration with Oracle Asset Tracking

Appendix B: Budgetary Controls and Budget Integration

  • Budgetary Controls
  • Overview of Budget Integration
  • Top-Down Budget Integration
  • Bottom-Up Budget Integration
  • Non-Integrated Budgets with Budgetary Controls
  • Implementing Budgetary Controls and Budget Integration

Appendix C: Asset Capitalization: Capitalizing Interest

  • Overview of Capitalized Interest
  • Implementing Capitalized Interest
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