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Oracle R12 Projects Costing and Billing

Course code: O291

4 days

Oracle Projects is a complete project management and project accounting suite within the Oracle R12 ERP product range. The Projects application delivers a complete range of configurable project management components for the management of both Capital and

Course content >

Who Should Attend?

Functional Consultants Superusers Business Managers Finance Managers

Prerequisites

Basic Oracle Navigation Financial concepts

Course Contents

Oracle Projects is a complete project management and project accounting suite within the Oracle R12 ERP product range. The Projects application delivers a complete range of configurable project management components for the management of both Capital and Job Costing project style structures. Fully integrated within the broad Oracle R12 suite of applications, Oracle Projects provides both time integration (e.g. with Oracle Time and Labor) together with Accounting Information through Costing and Billing structures. This comprehensive course has been designed to introduce users of Oracle Projects to the full functionality of Project Costing and Billing within the module, providing hands-on experience and tutoring of its application and use.

Training Course Contents

Overview of Oracle Products

  • Project Integration with Oracle Applications
  • Ledgers and Currencies
  • Periods and Calendars
  • Project and Task fundamentals
  • Financial Structures
  • Key Members
  • Project Templates

Overview of Project Costing

Defining Projects for Costing

  • Defining Costing-Related Project Information
  • Controlling Expenditures

Entering Expenditures

  • Entering, Releasing, and Submitting Pre-Approved Batches
  • Auto Reverse Expenditure Batches
  • Importing Transactions

Performing Cost Processing

  • Performing Cost Distribution
  • Creating Accounting
  • Running Streamline Processes
  • Understanding Period Processing

Accounting for Costs

  • Implementing AutoAccounting
  • AutoAccounting and the Account Generator
  • Integration with Oracle Subledger Accounting

Labour/Non Labour Costing

Performing Cost Adjustments

Oracle Purchasing and Payables

  • Integration with Oracle Purchasing
  • Integration with Oracle Payables
  • Interfacing Supplier Costs
  • Adjusting Supplier Costs

iExpenses

  • Entering and Processing Project-Related Expense Reports

Oracle Time & Labour

  • Entering and Processing Project-Related Timecards

Allocations and AutoAllocation

  • Defining Allocation Rules
  • Processing Allocations
  • Defining AutoAllocations Sets
  • Processing AutoAllocations

Asset Capitalisation

  • Capitalising Assets

Overview of Project Billing

Defining a Contract Project

  • Define a contract project type, project template & contract project.
  • Overview of customers and contacts
  • Currency in Project Billing

Agreements and Funding

  • Define and explain the use of agreement templates
  • Baseline funding for a project
  • Understand creating a revenue budget from the Project Funding
  • Define agreement types

Generating Revenue

  • Fundamental concepts
  • Generate revenue and Release Adjusting revenue

Generating Invoices

  • Fundamental concepts
  • Identify AR setup for use with Oracle Project Billing
  • Explain the use of customer billing retention on a contract project
  • Generate Invoices and interface - AR
  • Invoice Review and Adjustments

Revenue and Invoices

  • Describe the overall flow of accounting for revenue and invoices
  • Explain components of AutoAccounting
  • Identify the AutoAccounting functions used during revenue and invoicing
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