R12.x Oracle General Ledger Management Fundamentals

This course will be applicable for customers who have implemented Oracle E-Business Suite Release 12 or Oracle E-Business Suite 12.1.

This course will enable the user to maximize accounting process efficiencies across the enterprise while still achieving a high level of information and setup security.
Additionally, this course will teach the fundamental improvements in Oracle General Ledger enabling students to perform simultaneous accounting for multiple reporting requirements and access and process data for multiple ledgers and legal entities at the same time using the power of ledger sets.

• Understand the steps for completing the full accounting cycle
• Understand the ledger concept
• Understand the various implementation considerations
• Understand how Oracle General Ledger integrates with the eBusiness Suite of applications
• Understand the capabilities of securing data within Oracle General Ledger

• End Users
• Functional Implementer
• Project Manager

• R12.x Oracle E-Business Suite Essentials for Implementers
• Understand how to navigate Oracle Applications
• Have accounting knowledge

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

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
• Describing the Elements Required to Define Ledgers
• Identifying Attributes, Options and Settings to Define the Accounting Flexfield
• Defining an Accounting Calendar

Using Accounting Setup Manager
• Creating Accounting Setups
• Creating Accounting Setup Structures
• Completing Accounting Options
• Analyzing Reporting Currencies

Basic Journal Entries
• Describing how Journal Entries are Positioned in the Accounting Cycle
• Identifying Attributes, Options and Settings to Define the Accounting Flexfield
• Defining an Accounting Calendar
• Creating Manual Journal Entries
• Posting Journal Entries
• Performing Accounting Inquiries
• Performing Drilldowns to Oracle Sub-ledger applications
• Creating Reversing Entries

Summary Accounts
• Understanding how Summary Accounts are used in General Ledger
• Defining Rollup Groups for Creating Summary Accounts
• Assigning Parent Values to Rollup Groups
• Entering Summary Account Templates
• Discussing Implementation Considerations

Advanced Journal Entries
• Understanding Advanced Journal Entries Functions
• Understanding the Business Benefits of Advanced Journal Entries
• Understanding Recurring Journals
• Understanding Mass Allocation Journals
• Understanding Auto-Allocations
• Understanding Journal Scheduling
• Understanding Journal Approval

Advanced Security
• Describing Data Access Security for Legal Entities and Ledgers
• Understanding Management Reporting and Security

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

Oracle Advanced Global Intercompany System
• Setting Up Intercompany and Intracompany Balancing
• Setting Up Advanced Global Intercompany System
• Setting up Intercompany Security
• Setting up Approvals Management