Oracle Fusion Functional – Financials & SCM Masterclass

Learn how to create legal entities and configure jurisdictions required for financial reporting and compliance.

Understand value sets, legal authority creation, and their role in financial transaction control.

Set up the Chart of Accounts and define segments to structure financial data accurately.

Learn to execute enterprise structure setups and run diagnostics to validate configuration accuracy.

Explore the setup of account combinations and hierarchies for detailed financial tracking and reporting.

Understand shorthand aliases and manage currency conversion rates within Oracle Fusion ERP.

Create and configure ledgers with currency, calendar, and accounting method assignments.

Learn how to create a primary ledger and assign balancing segment values.

Configure secondary ledgers for reporting and understand their role in multi-ledger environments.

Practice core GL configurations and validate your understanding of ledger setup.

Continue practical exercises on ledger and value set configurations.

Learn to create ledger sets and data access sets for multi-ledger operations.

Explore employee creation and custom role setup for secure ledger access.

Understand user-role assignments and data access configurations in GL.

Learn to create journals, review GL features, and work with Infolets.

Configure security rules to restrict data access and practice implementation steps.

Create and post foreign currency journals to manage international transactions.

Configure cross-validation rules to enforce valid account combinations.

Work on security rules and learn to upload journals using FBDI.

Upload journals using FBDI and configure reversal journals for period-end processes.

Automate posting and journal reversal processes for efficient GL management.

Learn currency translation for financial reporting in multiple currencies.

Learn the basics of the Payables module, including supplier and invoice management.

Deep dive into invoice processing, payment setups, and payables accounting.

Configure Business Units, reference data access sets, and shared service relationships.

Learn to configure inventory, payables, payment setups, and create invoices.

Set up purchase orders and learn PO matching for invoice validation.

Continue with PO and invoice matching configurations for accurate payables.

Configure payment terms, distribution sets, and create recurring invoices.

Learn payment process setups, paygroups, and payment scheduling.

Hands-on exercises to validate payables setups and configurations.

Understand end-to-end payables transaction flow and accounting.

Learn to upload supplier and invoice data using FBDI templates.

Configure bills payable and handle interest invoices within payables.

Learn how to merge supplier accounts and maintain invoice history.

Configure withholding tax for suppliers and manage tax reporting in payables.

Introduction to Receivables, customer creation, and key AR setups.

Configure payment terms, receipt classes, and transaction sources.

Create and process invoices, receipts, and credit memos.

Manage adjustments, write-offs, and receipt applications in AR.

Learn reporting and reconciliation in Receivables with GL.

Configure reciprocal customers and revenue scheduling for AR.

Learn to configure asset categories, books, and prepare the fixed assets module.

Understand asset additions, retirements, and basic asset transactions.

Explore detailed asset accounting, transfers, and adjustments.

Manage depreciation calculations and asset lifecycle accounting.

Handle mass transactions and reporting for asset management.

Learn to reconcile assets with GL and perform month-end close activities.

Learn to manually reconcile bank statements and cash transactions.

Automate cash reconciliations and manage external bank transactions.

Configure expense reports, policies, and reimbursement processes.

Create expense templates and set up approval workflows.

Learn delegation, audit policies, and approval group configurations for expenses.

Configure and manage journal approval workflows in GL.

Set up and manage invoice approvals in payables.

Configure approval workflows for expense reports.

Learn tax regime setups, tax rules, and tax configuration in Fusion.

Handle advanced tax setups and reporting requirements.

Configure budget organizations and prepare for budget entry.

Load and manage budgets using spreadsheets.

Record budget transactions and monitor financial control.

Apply budgetary control for payables invoice approvals.