R12.x Oracle Financials New Features Fundamentals

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

Audience

• Functional Implementer
• Sales Consultants

Course Topics 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

Course Objectives

• 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