Oracle General Ledger Advanced Journal Entries Consolidations Process [ ] Describe, create and [ ] Explain Consolidations

Transcription

1 ERP Solutions Oracle Applications Whether you are implementing Oracle Financials for the first time or you are a veteran user of the Oracle E-Business Suite, Coriolis Business Systems can help reduce the risk and ensure the success of your next Oracle project. More manageable and easier to work with than the big guys but more reliable than an independent contractor, Coriolis Business Systems can help you meet your goals by providing experienced resources who will be accountable to your project. Our Oracle Applications Practice offers the following services: Pre-Implementation Services: Requirements gathering Readiness assessment Vendor/module selection Project scoping, gap analysis Implementation Services: Implementation for all modules of Oracle Financials & HRMS Functional and technical consulting Full lifecycle project management Integration with legacy systems Customization Management Reporting Migration from legacy Financial and HRMS systems Post Implementation Services: System support Upgrades, migrations Strategic road map for future initiatives Oracle General Ledger: Oracle General Ledger Advanced Journal Entries Consolidations Process [ ] Describe, create and [ ] Explain Consolidations

2 [ ] Identify the steps required to complete the accounting cycle using Oracle General Ledger [ ] Describe how Oracle General Ledger integrates with other Oracle ebusiness applications [ ] Describe the considerations for setting up and using Oracle General Ledger and the Oracle ebusiness Suite [ ] Describe the Functions and Features of Oracle General Ledger Set of Books [ ] Describe the elements required to create a set of books within Oracle General Ledger [ ] Explain the steps for Creating a Set of Books [ ] Identify key issues involved when creating a set of books in Oracle General Ledger [ ] Identify the attributes, options and settings required to define the Accounting Flexfield [ ] Define an accounting calendar and enable predefined currencies generate the three types of recurring Journals [ ] Enumerate the steps to define Mass allocations and define mass allocation journals [ ] Describe the features of AutoAllocations [ ] Describe AutoScheduling and Journal Scheduling [ ] Describe the features and process of Journal Approval [ ] Identify the key issues and considerations when implementing the Auto Allocation workbench and Journal Entry Automation Intercompany [ ] Describe the solutions to account for intercompany transactions [ ] Describe the set up steps for Intercompany Accounting [ ] Enter Intercompany Transactions Global Intercompany System [ ] Describe GIS (Global Intercompany System) [ ] Set up GIS Subsidiaries [ ] Create GIS Transaction and Consolidation tools [ ] Identify the key issues regarding consolidations [ ] Identify the features and functionality of Global Consolidation System (GCS) [ ] Describe Interface data Transformer with examples [ ] Describe the elements of the Consolidation Workbench [ ] Define consolidation mapping [ ] List the steps to be done before transferring balances from subsidiary set of books [ ] Create eliminating entries [ ] Identify reports and inquiry options available for consolidations Period Close [ ] Explain the accounting cycle [ ] Identify steps in the close process [ ] Perform journal import of subledger balances [ ] Reconcile to the subledger: P2P Period Close and reports [ ] Reconcile to the subledger: O2C Period

3 [ ] Create a set of books in Oracle General Ledger [ ] Utilize the Account Hierarchy Editor feature of Applications Desktop Integrator to view and maintain Accounting Flexfield values Basic Journal Entries [ ] Describe how journal entries are positioned in the accounting cycle [ ] Identify the types of journal entries [ ] Create manual journal entries [ ] Post journal entries using various posting options [ ] Perform account inquiries [ ] Perform drilldowns to Oracle subledger applications [ ] Create reversing entries [ ] Use ADI to create journal entries [ ] Import journal entry information using the GL_INTERFACE [ ] Describe the setup options available to process journal entries [ ] Identify reports, listings and inquiry options available for journal entries Types [ ]Define GIS Clearing Accounts [ ]Define Autoaccounting Rules [ ] Enter and report on GIS Transactions Financial Budgeting [ ] Explain the anatomy of a budget [ ] Enumerate the budget accounting cycle [ ] Define a budget and budget organization [ ] Enumerate the budget entry methods [ ] Apply budget rules and enter budget journals [ ] Perform transfer of budgets [ ] Freeze and unfreeze budgets and Review and correct budgets [ ] Translate budget balances [ ] Perform budget inquiry [ ] Review balances in Master/Detail budgets [ ] Create a budget worksheet in Budget Wizard [ ] Upload budgets from Budget Wizard and external sources [ ] Describe budget reporting methods Close and reports [ ] Reconcile to the subledger: Projects Period Close [ ] Run revaluation [ ] Close the period [ ] Consolidate account balances [ ] Inquire and run reports on final balances Financial Reporting [ ] Explain Online Enquiry and Standard Reports and Listings [ ] Identify the basic report building concepts [ ] Explain the elements of the Financial Statement Generator (FSG necessary to create financial reports [ ] Create basic FSG report definitions [ ] Identify listing reports available for FSG report definitions [ ] Identify profile option settings required to implement financial reporting [ ] Utilize the Report Wizard of ADI to create FSG report definitions [ ] Utilize the ADI Request Center to submit and publish financial reports

4 [ ] Identify the profile options necessary to process journal entries [ ] Identify the key issues regarding journal entries and General Ledger [ ] Identify the key elements of Applications Desktop Integrator (ADI) [ ] Setup ADI security [ ] Setup database connections [ ] Setup the ADI toolbar, general ledger and language options [ ] Identify ADI profile options [ ] Perform ADI diagnostic system checks Summary Accounts [ ] Describe summary accounts and how they are used in General Ledger [ ] Describe the difference between Summary accounts and Parent values [ ] Define rollup groups for summary account creation and assign parent values to rollup groups [ ] Determine the number of summary accounts [ ] List standard budget reports [ ] Plan budget requirements Multi-Currency [ ] Describe the foreign currency concepts [ ] Explain Multiple Currency Accounting [ ] List the steps that need to be completed before entering foreign currency transactions [ ] Enter foreign currency journals and explain conversion [ ] Revalue foreign currency balances [ ] Explain MRC Revaluation against Primary Currency Description [ ] Describe Currency rates manager [ ] Translate functional balances into foreign currency [ ] Set up and describe Secondary tracking segment [ ] Describe Foreign currency Listings and reports and MRC profile options [ ] Utilize the ADI Analysis Wizard to view account balance and detail information [ ] Explain other reporting tools (Discoverer, OFA, E-Business Intelligence, Rxi reports) [ ] Describe XBRL Reporting language [ ] Identify the key issues regarding Oracle General Ledger financial reporting

5 created by a template using a specific formula [ ] Enter summary account templates to create summary accounts [ ] Maintain summary accounts [ ] Describe key considerations in planning summary accounts

6 Oracle Payables Training: Procure to Pay Lifecycle Overview [ ] Describe the key areas in the procure to pay process [ ] Describe how the procure to pay process fits into the Oracle ebusiness suite of applications Payables Overview [ ] Describe the key areas in the Payables process [ ] Identify Payables integration points [ ] Explain Payables open interfaces Suppliers [ ] Set up and Define suppliers [ ] Set up and Define supplier sites [ ] Adjust supplier details [ ] Describe key reports [ ] Explain and setup Financials Options [ ] Explain and setup Payable Options [ ] Setup Lookup codes and Profile options [ ] Explain additional Quick Invoices [ ] Describe and use Quick Invoices [ ] Enter invoice records [ ] Enter purchase order matched invoice records [ ] Enter price corrections [ ] Find and modify invoice records [ ] Add invoice records to an existing Quick Invoices Batch [ ] Create invoices from quick invoice records Payments [ ] Describe the process of issuing payments [ ] Describe the Payment workbench, and identify the Payment methods and disbursement types [ ] Set up bank accounts [ ] Create and Process Manual and Quick Payments and process refunds [ ] Process payment batches [ ] Process stop and void payments [ ] Identify key reports [ ] Identify and set up Financials and Payables Period Close [ ] Describe the period closing process in Payables and Purchasing [ ] Identify the activities in the period close process [ ] Reconcile accounts payable transactions for the period and close the PO period [ ] Identify Key accounts and accrual accounting for Period end [ ] Identify key reports [ ] Setup Financials, Purchasing and Payables options relevant to Period close [ ] Explain additional considerations Appendix 1 Invoice Tax [ ] Set up supplier tax information [ ] Describe supplier and supplier sites regions relevant to Taxes [ ] Identify tax validations [ ] Enter tax types tax codes, and tax groups including Offset, VAT and use taxes [ ] Submit invoice

7 considerations Invoices [ ] Import/Enter invoices [ ] Create Invoice Batches and enter Invoice Header and Distributions and enter Recurring Invoices [ ] Apply prepayments and advances [ ] Match to purchase orders [ ] Apply and release holds [ ] Explain invoice approval workflow [ ] Validate invoices for payment [ ] Describe the types of accounting flows [ ] Explain key reports [ ] Identify and set up Profile Options, and Financials, Purchasing and Payables options specific to Invoices [ ] Explain additional considerations options specific to Payments [ ] Explain additional considerations [ ] Explain Internal Controls for Payment processing and Integration Partners for check printing Expense Reports and Credit Cards [ ] Describe the expense report process [ ] Enter expense report templates [ ] Enter expense reports and apply holds [ ] Apply advances, modify, review and Pay expense reports [ ] Run Expense Report Import program and purge Expense Reports [ ] Identify key expense related reports [ ] Describe Procurement Cards Process flow [ ] Set up credit card programs validations [ ] Use tax control methods [ ] Identify tax code defaults and describe deriving tax from a natural account [ ] Identify 1099 reportable suppliers and related reports [ ] Identify key standard reports Appendix 2 Withholding Tax [ ] Define Withholding tax [ ] Setup withholding tax options and define withholding tax codes and groups [ ] Process manual withholding tax invoices and create withholding tax invoices [ ] Process automatic withholding tax invoices [ ] Identify standard key reports

8