R12.2 Oracle General Ledger Management Fundamentals Course Overview:

The Oracle General Ledger Management Fundamentals R12.2 course is designed to provide students with a comprehensive understanding of how the Oracle general ledger system functions. It offers an overview of how the system supports accounting and financial reporting processes and its integration with other Oracle applications.

Throughout the course, students will learn how to use the graphical user interface to configure and customize the Oracle General Ledger system according to their organization’s specific needs. They will gain hands-on experience in setting up and managing ledgers, entering manual and online journals, performing periodic account balance calculations, and generating reports.

The course covers essential setup procedures, including chart of accounts, security rules, and accounting period setup. Students will acquire vital accounting and business knowledge, making them proficient in using the Oracle General Ledger system effectively.

Intended Audience:

The target audience for R12.2 Oracle General Ledger Management Fundamentals training includes business analysts, finance professionals, and operations personnel who are involved in the management of a company’s general ledger
The courses provide participants with skills to setup and maintain a dynamic, integrated, and compliant general ledger environment
The training is best suited for those who have previously worked with some enterprise resource planning (ERP) and/or general ledger systems.
Its target participants will include operational and finance personnel who are new to the Oracle E-Business Suite, as well as those looking to upgrade their current system
The course is designed to give those who have the minimum or no prior experience with Oracle and the E-Business Suite an understanding of the basics
Unlike other accounting and general ledger management training, this course is designed to specifically address the nuances of Oracle’s R12.2 implementation

Learning Objectives of R12.2 Oracle General Ledger Management Fundamentals:

1. Understand the system architecture of the R12.2 Oracle General Ledger Management product suite.
2. Build and maintain chart of accounts, balancing segment and accounting context setups.
3. Configure daily periodic and year-end processing activities.
4. Manage ledgers and prepare account analysis statements.
5. Create adjusting entries, set foreign currency exchange and create statutory accounts.
6. Create consolidation and allocations, use budgeting and set up reporting currencies.
7. Review and troubleshoot Internal and external reconciliations.
8. Create custom reports, recognize security rules, use MassAllocations, close periods.
9. Review closed periods for accuracy, define open periods for daily processing and use standard reports for audits.
10. Utilize new functionality such as ledger sets and Visual Analyzer for reporting.