Oracle ERP Cloud: Budgetary Control and Encumbrance Accounting Fundamentals

Course Prerequisites

• Prophet Financials Cloud: Enterprise Structures with GL Imp Ed 3

After fulfillment of this course; you will learn of following :

Budgetary Control and Encumbrance Accounting Overview

• Identifying the Key Concepts of Oracle Financials Budgetary Control and Encumbrance Accounting
• Navigating the Cloud Applications and Using Oracle Functional Setup Manager
• Understanding the Implementing Options and Using Features of Budgetary Control and Encumbrance Accounting
• Generating Various Reports Used for Budgetary Control and Encumbrance Accounting

Presenting Oracle Cloud Navigation and Using Setup Pages for Maintenance

• Navigating Oracle Cloud Applications
• Exploring Dashboards
• Examining Panels
• Reviewing Infolets and Infotiles
• Understanding Personalizations
• Explaining the Benefits and Key Concepts of Financials Setup Pages
• UsIng the Opt-in Feature to Enable Offerings, Functional Areas, and Features
• Understanding the Setup Pages for Ongoing Maintenance

Usage Options for Budgetary Control

• Discussing Budgetary Control Features, Integration Points, and Accounting Processing
• Examining Concepts Used for Budgetary Control
• Explaining Security for Budgetary Control
• Enabling Budgetary Control Options
• Managing Control Budgets
• Exploring Budget Amounts and Budget Periods

Utilizing Budgetary Control Features

• Understanding Procurement Cycle Overview
• Discussing Reserve Funds on P2P Transactions
• Explainng Budget Override Requests
• Exploring Closing a Budget Period
• Managing Carry Forward of Year-end Balances and Tansactions

Usage Options for Encumbrance Accounting

• Understanding Encumbrance Accounting Features and Integration Points
• Applying the Encumbrance Accounting Method
• Explaining Encumbrance Types and Encumbrance Year
• Discussing Encumbrance Accounting Entries for P2P Transactions
• Understanding GL Balances for Reporting
• Carrying Forward Year-end Balances

Writing about Budgetary Control and Encumbrance Accounting

• Understanding Reporting Processes and Solutions
• Exploring Budget Monitor and Account Group
• Explaining Budget Consumed and Funds Available Infolets
• Creating Financial Reporst by Uing the Financial Reporting Studio
• Exploring Smart View Reporting on Budgetary Control and Encumbrance Accounting
• Viewing OTBI Reports on Budgetary Control and Encumbrance Accounting
• Viewing BI Publisher Reports on Budgetary Control and Encumbrance Accounting