Comprehensive Oracle Financial Training Course  - FB4388

Introduction:

Oracle Financials is a cornerstone of enterprise resource planning, empowering organizations to efficiently manage their financial operations. At British Training Center, we understand the growing demand for proficiency in Oracle Financials to enhance operational accuracy and strategic decision-making. This comprehensive training course is meticulously designed to equip participants with the skills needed to leverage Oracle Financial's functionalities effectively, ensuring they maximize productivity and maintain financial integrity.

Training Objectives and Impact:
By the end of this program, participants will be able to:

• Understand the core modules and architecture of Oracle Financials.
• Navigate the Oracle Financials interface with confidence and efficiency.
• Implement General Ledger setups and manage financial transactions seamlessly.
• Utilize Accounts Payable and Accounts Receivable modules to optimize cash flow.
• Perform advanced financial reporting and analysis using Oracle tools.
• Ensure compliance and accuracy through effective reconciliation techniques.
• Integrate Oracle Financials with other enterprise systems for cohesive data management.
• Troubleshoot common issues and implement best practices for system maintenance.

Targeted Competencies and Skills:

• Advanced financial management and reporting.
• Strategic decision-making through data analysis.
• Proficiency in Oracle ERP navigation and utilization.
• Effective cash flow management and reconciliation.
• System integration and troubleshooting skills.
• Compliance and financial accuracy assurance.

Target Audience:
This program is tailored for:

• Financial managers and analysts seeking to enhance their ERP skills.
• Accountants responsible for financial reporting and reconciliation.
• IT professionals supporting Oracle Financials implementations.
• Business analysts involved in financial data analysis and decision-making.
• ERP consultants specializing in Oracle solutions.
• Professionals aiming to transition to Oracle Financials roles.

Course Content:
Unit One - Introduction to Oracle Financials:

• Overview of Oracle Financials modules and architecture.
• Navigating the Oracle Financials interface.
• Understanding the integration with other Oracle ERP modules.
• Setting up user roles and permissions.
• Configuring system preferences for optimal performance.
• Introduction to Oracle Financials terminology and concepts.
• Best practices for data security and integrity.

Unit Two - General Ledger Management:

• Setting up the General Ledger (GL) module.
• Creating and managing Chart of Accounts.
• Journal entries and adjustments processing.
• Implementing budgetary controls and financial forecasting.
• Multi-currency handling and consolidation.
• Closing periods and year-end financial procedures.
• Reporting and analysis using GL tools.

Unit Three - Accounts Payable (AP) and Accounts Receivable (AR):

• Configuring AP and AR modules.
• Managing vendor and customer profiles.
• Invoice processing and payment management.
• Credit and collections strategies.
• Reconciling AP and AR balances.
• Automating recurring transactions and payments.
• Reporting and auditing AP and AR transactions.

Unit Four - Cash Management and Reconciliation:

• Setting up Cash Management modules.
• Bank statement reconciliation and cash positioning.
• Cash forecasting and liquidity management.
• Managing cash transactions and journal entries.
• Automating reconciliation processes.
• Handling foreign currency transactions and adjustments.
• Ensuring compliance and audit readiness.

Unit Five - Advanced Financial Reporting and Analysis:

• Utilizing Oracle Financials reporting tools.
• Designing and customizing financial statements.
• Data extraction and analysis using Oracle Analytics.
• Creating dashboards for strategic decision-making.
• Generating compliance and regulatory reports.
• Advanced financial performance analysis techniques.
• Integrating reporting with other Oracle modules.