About this course

Course code TPD87517GC10
Duration 5 Days

This course will help you maximize accounting process efficiency across the enterprise, while still achieving a high level of information and setup security. It will teach you how Oracle General Ledger integrates with the eBusiness Suite of applications.Learn To:Understand the steps for completing the full accounting cycle, as well as the ledger concept.Describe the various implementation considerations.Use the capabilities of securing data within Oracle General Ledger.Perform simultaneous accounting for multiple reporting requirements.Access and process data for multiple ledgers and legal entities at the same time using the power of ledger sets.Understand how Oracle General Ledger integrates with the eBusiness Suite of applicationsUnderstand the steps for completing the full accounting cycleFurthermore, expert instructors will explore the fundamental improvements in Oracle General Ledger. This course is applicable for customers who have implemented Oracle E-Business Suite Release 12 or Oracle E-Business Suite 12.1. Benefits to YouEnsure a smooth, rapid implementation of Oracle General Ledger. Better understand the steps for completing the full accounting cycle, how Oracle General Ledger integrates with other E-Business Suite applications, as well as set-up considerations, so that you can make improved decisions during your implementation. Optimize the set-up of Oracle General Ledger to help your organization standardize accounting policies and processes while complying with global regulatory requirements and trains end users to fully utilize all the features of Oracle's General Ledger. Live Virtual Class FormatA Live Virtual Class (LVC) is exclusively for registered students; unregistered individuals may not view an LVC at any time. Registered students must view the class from the country listed in the registration form. Unauthorized recording, copying, or transmission of LVC content may not be made.

Prerequisites

  • Understand how to navigate Oracle ApplicationsHave accounting knowledge

Delegates will learn how to

  • Describe the implementation considerations
  • Explain how Oracle General Ledger integrates with the eBusiness Suite of applications
  • Identify the steps required to complete the accounting cycle

Outline

Oracle General Ledger Process

  • Understanding the General Ledger Functions and Features
  • Analyzing the General Ledger Accounting Cycle
  • Reviewing General Ledger Integration Points
  • Generating Standard Reports and Listings

Ledger - Part 1

  • Describing the Elements Required to Define Ledgers
  • Identifying Attributes, Options and Settings to Define the Accounting Flexfield
  • DefininIdentify the attributes, options and settings required to define the Accounting Flexfield
  • Define an Accounting Calendar
  • Enable Predefined Currencies
  • Create Accounting Setuos
  • Explain Reporting Currencies
  • Define Accounting Options

Ledger - Part 2

  • Describe Segment Value Inheritance
  • Define Flexfield and Cross Validation Security Rules
  • Define Shorthand Aliases
  • Utilize the Account Hierarchy Manager

Advanced Security

  • Describe Data Access Set Security
  • Describe Management Reporting and Security

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
  • Identify the Key Elements of Web Applications Desktop Integrator (Web ADI)
  • Run the Create Accounting Program
  • Describe Importing Journal Entries

Summary Accounts

  • Discuss Summary Accounts and How They are used in General Ledger
  • Define Rollup Groups for Summary Account Creation
  • Assign Parent Values to Rollup Groups
  • Determine the number of Summary Accounts Created by a Template using a Specific Formula
  • Enter Summary Account Templates to Create Summary Accounts
  • Maintain Summary Accounts
  • Discuss Key Implementation Considerations in Planning Summary Accounts

Advanced Journal Entries

  • Describe Advanced Journal Entries
  • Identify the Key Issues and Considerations when Implementing the Advanced Journal Entry functions of Oracle General Ledger
  • Explain the Business Benefits Derived from utilizing Oracle General Ledger's Advanced Journal Entries Functions

Financial Budgeting

  • Understanding Anatomy of a Budget
  • Completing the Budget Accounting Cycle
  • Discussing Budget Entry Methods
  • Uploading Budget Amounts
  • Transferring Budget Amounts
  • Freezing and Unfreezing Budget Amounts

Multi-Currency

  • Defining Foreign Currencies
  • Entering Foreign Currency Journals
  • Revaluing Foreign Currency Balances
  • Translating Balances Into Foreign Currency

Consolidations

  • Identifying Consolidations Across the General Ledger Business Process
  • Understanding Key Implementation Issues Across Consolidations
  • Understanding the Global Consolidation System
  • Defining the Elements of the Consolidation Workbench

Period Close

  • Understanding the Accounting Cycle
  • Understanding Steps in the Close Process
  • Performing Journal Import of Sub-ledger Balances
  • Generating Revaluation
  • Understanding the Closing Period
  • Consolidating Account Balances

Financial Reporting

  • Identifying Financial Reporting Across the General Ledger Business Process
  • Understanding Basic Report Building Concepts
  • Understanding the Financial Statement Generator
  • Generating Financial Reports using the Standard Request Submission Form

5 Days

Duration

This is a QA approved partner course

Delivery Method

Delivery method

Virtual learning

Recreates a classroom experience online, enabling full interactions with the learning professional leading the course.

Find dates and prices

The course is available on 4 different dates.

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