Become job-ready by mastering the advanced concepts of Oracle Fusion Financials. Our  Oracle Fusion Financials training course covers all the concepts from basics to advanced levels including ledger, account payables & receivables, assets, identity manager, and more through real-time use cases. You will also get exposure to industry based real-time projects which are in line with the Oracle Fusion Financials certification exam.

Course content

1.  Overview of Oracle Fusion Applications

• Introduction to ERP
• Overview of Oracle Cloud Fusion
• Oracle Fusion Implementation Models
• Enterprise Structure
• Oracle Fusion Architecture

2. Introduction to Oracle Fusion Financials

• Fusion Financials vs. Oracle Apps Financials
• Applications in Fusion Financials
• Basic Accounting
• Explore Dash Board/Work Area

3. Oracle Fusion Financials Concepts

• User & Roles (IDM & APM)
• Functional Setup Manager (FSM)
• Fusion Financial Middleware
• Data import using ADFdi Spreadsheets
• File based data import (FBDI)
• Third Party Application Integration with Fusion Cloud Applications
• Invoice Imaging Solution
• Querying data from Database & Reporting
• Approvals setup (BPM)

4. Oracle Fusion Functional Setup Manager (FSM)

• Introduction to Functional Setup Manager (FSM)
• Understanding Application Implementation Process through FSM
• Understanding Offerings
• Understanding Options
• Enabling Offerings
• Implementation Project Creation
• Task Assignments to Team Members
• Status Tracking
• Understating Task Lists/Tasks
• Overview on Offerings Documentation
• Overview on Rapid Implementation Process

5. Oracle Fusion General Ledger (GL)

5.1 GL Configuration

• Create Account Calendar
• Create/Enable Currencies
• Create Value Sets
• Create Chart of Accounts
• Create Chart of Accounts Instance
• Create Primary Ledger
• Setup Ledger Options
• Create Legal Entity
• Complete Primary Ledger Definition
• Review General Ledger Role Template
• Assign Data Roles to User
• Run LDAP Job
• Open GL Periods

5.2 GL Transaction Process

• Understanding Role Based Dashboards
• Create Journals & Post
• Journal Approval Configuration & Testing
• Create Journals in ADFdi
• Loading Journals from FBDI Templates
• Foreign Currency Journals Setups & Process
• Reverse Journals Setups & Process
• Data Access Set Setups & Process
• Security Rules Setups & Process
• Cross Validation Rules Setups & Process
• Create Ledger Set Setups & Process
• Create Reporting Ledger/Reporting Currency Setups & Process
• Create Secondary Ledger Setups & Process
• Auto Posting Setups & Process
• Auto Reversal Setups & Process
• Revaluation Setups & Process
• Translation Setups & Process
• Consolidation Setups & Process
• Generating Reports from Financial Reporting Studio (FRS)
• Generating Reports from Smart View
• Generating Reports from Account Inspector
• Generating Reports Account Monitor
• GL Period Close Process

6. Oracle Fusion Accounts Payable (AP)

6.1 AP Configuration

• Create Business Unit Locations
• Create Reference Data Sets
• Create Business Units
• Assign Business Unit Functions to Business Unit
• Create Legislative Data Group
• Assign Legislative Data Group to LE
• Create Employee User
• Assign Implementation Consultant Roles to User
• Create Procurement Agents
• Common Options for Payables and Procurement
• Invoice Options Configuration
• Payment Options Configuration
• Create Payment Terms
• Create Distribution Sets
• Setting up Suppliers Number
• Assign Supplier Roles to User
• Create Supplier
• Create Supplier Addresses
• Create Supplier Sites
• Assigning Supplier Sites to Procurement Business Units
• Create Banks
• Create Branches
• Create Bank Accounts
• Create Payables Documents
• Create Payment Method
• Create Payment Process Profile
• Introduction to Payables Role Templates
• Assigning Data Roles to User
• Submitting LDAP Job
• Open Payables Periods

6.2 AP Transaction Process

• Standard Invoice Creation
• PO Based Invoice Creation
• Invoice Creation via Spreadsheet
• Payment Creation Process
• Creating Payment Process Request
• Withholding Tax Setups & Process
• Supplier Merge Process
• Invoice Approval Configuration & Testing
• Security Profile Configuration & Testing
• Create Aging Periods & Testing
• Custom Job, Duty, Data Roles Creation
• File Based Data Import (FBDI) Process – Suppliers Conversion Process
• File Based Data Import (FBDI) Process – Open Invoices Conversion Process
• Creating Accounting Entries & Transferring to GL
• Payables Period Close Process
• Payables to General Ledger Reconciliation
• Creating BI Reports
• Creating OTBI Reports

7. Oracle Fusion Accounts Receivables (AR)

7.1 AR Configuration

• Receivables System Options Configuration
• Define Transaction Types
• Define Transaction Sources
• Auto Accounting Configuration
• Create Payment Terms
• Create Statement Cycles
• Collector Creation
• Create Customer Profile Class
• Create Reference Data Set for Customer Site
• Create Customer
• Create Customer Site/Address
• Create Remit-to-Address
• Memo Lines Creation
• Create Receivable Activities
• Create Receipt Classes & Methods
• Create Receipt Source
• Overview on AR Role Template
• Assign Receivables Data Roles to User
• Submitting LDAP Job
• Open Receivables Periods

7.2 AR Transaction Process

• Invoice Transaction Creation
• Credit Memo Transaction Creation
• Chargeback Setups & Transaction Creation
• Standard Receipt Creation
• Receipt Setups & Process
• Receipt/Batch Creation in Spreadsheet & Process
• Standard Receipt Reversal
• Aging Methods/Buckets & Testing
• Create Automatic Receipts
• Reviewing Customer Account Details
• File Based Data Import (FBDI) Process – Customers Conversion Process
• File Based Data Import (FBDI) Process – Auto Invoice Conversion Process
• File Based Data Import (FBDI) Process – Standard Receipts Conversion Process
• Create Accounting Entries & Transfer to GL
• Receivables Period Close Process
• Receivables to General Ledger Reconciliation

8. Oracle Fusion Cash Management (CM)

8.1 CM Configuration & Transaction process

• Integration with other applications
• Manual Bank Statement Creation
• Manual Reconciliation
• Automatic Reconciliation
• Generate Cash Transactions
• External Cash Transactions

9. Oracle Fusion Fixed Assets (FA)

9.1 FA Configuration

• Create Value Sets for Category KFF
• Create Value Sets for Location KFF
• Create Value Sets for Asset Key KFF
• Create Category KFF Structure
• Create Location KFF Structure
• Create Asset Key KFF Structure
• Create Category KFF Structure Instance
• Create Location KFF Structure Instance
• Create Asset Key KFF Structure Instance
• Create Segment Values to 3 KFF Segments
• Configure System Controls
• Create Fiscal Year Calendar
• Create Asset Calendar
• Define Prorate Convention
• Create Prorate Calendar
• Create Asset Book
• Create Tax Book
• Create Asset Categories
• Overview on Asset Book Role Template
• Assign Data Roles to User

9.2 FA Transaction Process

• Manual Additions
• Asset Creation using Spreadsheet ADFdi
• Mass Additions
• Merge Asset Lines
• Split Asset Lines
• CIP Asset & CIP Capitalization
• Reclassification
• Revaluation
• Impairment of an Asset
• Run Depreciation (Draft/Final)
• Mass Copy
• What-if Analysis
• Rollback Depreciation
• Asset Retirement
• Asset Reinstatement
• File Based Data Import (FBDI) Process – Assets
• Create Accounting Entries & Transfer to GL
• Assets Period Close Process
• Assets to General Ledger Reconciliation

10. Oracle Fusion Expenses

10.1 Expenses Configuration

• Setup Expense System Options
• Create Expense Report Templates
• Define Expense Approval Rules
• Assign Data Roles to User
• Run LDAP Job
• Set Default Expense Account for Employee

10.2 Transaction Process

• Enter Expense Report
• Approve Expense Report
• Audit Expense Report
• Process Expense Reimbursements
• Importing Expense Report into AP

11. Oracle Fusion Purchasing

11.1 Purchasing Configuration & Transaction process

• Create Inventory Location
• Assign Business Unit Business Function for Procurement
• Define Facilities for Procurement
• Facility Shifts
• Facility Workday Pattern
• Facility Schedules
• Create Item Master Inventory Organization
• Create Actual Inventory Organization
• Configure Procurement Business Function
• Configure Requisitioning Business Function
• Manage Common Options for Payables and Procurement
• Receiving Parameters
• Procurement Agent
• Manage Transaction Account Definitions
• Manage Account Rules
• Transaction Account Definition
• Setting Sub ledger Accounting Options
• Create Approval Group
• Manage Purchasing Document Approvals
• Assign Data Roles to User
• Run LDAP Job for Roles Synchronization
• Purchase Order Creation & Approvals
• Create Invoice in AP Matching PO

12. Oracle Fusion TaX

• Create Tax Regime
• Create Tax
• Create Tax Jurisdiction
• Create Tax Status
• Create Tax Rates
• Application Tax Options
• Tax Owner Configuration
• Assign Tax to Supplier (Header & Address)
• Payables Invoice Creation with Tax

13. Fusion Reporting

• Defining of Role Security Model
• Defining Reports in Smart Views
• Defining Reports in Financial Reporting Studio
• Defining Reports in BI Publisher
• Managing Reference data Sets
• Migration of Data from Legacy System
• Migrating the Historical Journals
• Migrating Open AP invoices
• Migrating Open AR Invoices

14. Oracle Transactional Business Intelligence (OTBI)

• Overview
• Create reports using OTBI

15. Data Conversions

• Suppliers Conversion
• Customers Conversions
• Invoices Conversions
• PO Conversions, etc

16. Oracle Fusion Middleware (as applicable for Fusion Financials implementation)

16.1 Oracle Identity Manager (OIM)

• Implementation User Creation
• Role Provisioning
• Custom Roles Creation

16.2 Oracle Authorization Policy Manager (APM)

• Role Templates
• Oracle Delivered Roles
• Generating Custom Data Roles

16.3 Oracle Business Process Management (BPM)

• Approval Groups Creation
• Approval Rule Definitions

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