Course Code: finan
Duration: 35 hours
Overview:

This course offers a practical and accessible introduction to Oracle Financial Systems, focusing on Accounts Payable (AP), Accounts Receivable (AR), and Cash Management. Participants will gain a clear understanding of core processes, system navigation, and basic transaction management within Oracle’s financial modules. Ideal for finance professionals, system users, and beginners seeking to strengthen their operational knowledge without deep technical complexity.

Format of Training: Format of Training:

  • Instructor-led live training
  • Hands-on practice sessions on Oracle environments (where applicable)
  • Real-world case study examples
  • Interactive discussions and Q&A sessions

Course Objective:
By the end of this course, participants will be able to:

  1. Understand the core functionalities of Oracle Financial Systems.
  2. Perform key Accounts Payable operations, including invoice processing and payments.
  3. Manage Accounts Receivable tasks such as invoicing, receipts, and customer account management.
  4. Navigate the basics of Oracle Cash Management, including bank reconciliation.
  5. Interpret basic financial transactions and reports in Oracle.
  6. Apply Oracle best practices for managing financial data.
  7. Build confidence in using Oracle Financials in a real-world finance environment.
Course Outline:

Day 1: Introduction to Oracle Financial Systems

  • Overview of Oracle E-Business Suite Financials
  • Navigating Oracle Financial Applications
  • Key financial modules: AP, AR, and Cash Management
  • Understanding system setup basics
  • User roles and access rights

Day 2: Accounts Payable (AP) Fundamentals

  • Introduction to Accounts Payable in Oracle
  • Creating and managing suppliers
  • Invoice processing workflow
  • Payment process overview
  • AP reporting and inquiry basics

Day 3: Deeper into Accounts Payable

  • Managing recurring invoices
  • Prepayment and adjustment handling
  • Handling holds and approvals
  • Payment methods and formats
  • Period-end processes in AP

Day 4: Accounts Receivable (AR) Fundamentals

  • Introduction to Accounts Receivable in Oracle
  • Customer management setup
  • Creating and managing invoices
  • Applying receipts and adjustments
  • AR Inquiry and reporting tools

Day 5: Oracle Cash Management and Course Wrap-up

  • Introduction to Oracle Cash Management
  • Managing bank accounts and transactions
  • Bank reconciliations in Oracle
  • Cash positioning and forecasting basics
  • Consolidated review and practice exercises
  • Final Q&A session and feedback collection