Oracle Financials Training Course
Course Overview
| Course Title | Oracle Financials Training Course |
| Organization | Tech For Development (T4D) |
| Venue | Tech For Development (T4D) Training Center along Tala Road, Runda, Nairobi |
| Target Industries |
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| Target Job Roles |
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| Course Fees (Face-to-Face) | TBA |
| Course Fees (Virtual) | TBA |
| Training Modes | Virtual and face-to-face training |
| Payment | Payment should be made to the Tech For Development (T4D) bank account on or before the start of the course |
| Accreditation | Tech For Development Certificate of Course Completion |
Course Overview:
This 5-day training course offered at T4D is designed to provide participants with an in-depth understanding of Oracle Financials, an integrated suite of financial management applications used by organizations worldwide to streamline their financial processes. Participants will learn how to leverage Oracle Financials for managing accounting, procurement, payables, receivables, and financial reporting. The course focuses on hands-on experience and practical applications, enabling participants to effectively utilize Oracle Financials to optimize financial operations, ensure compliance, and improve decision-making.
Course Duration:
5 Days
Target Audience:
- Financial managers and accountants
- ERP system administrators
- Oracle Financials users (beginner to intermediate level)
- Project managers involved in financial management
- Individuals interested in learning about Oracle Financials for business optimization
Personal Impact:
- Gain proficiency in using Oracle Financials for managing day-to-day financial operations.
- Understand how to configure and customize Oracle Financials to meet business needs.
- Enhance skills in generating financial reports and ensuring compliance with accounting standards.
Organizational Impact:
- Streamline financial operations and reduce manual processes.
- Improve financial reporting and compliance management.
- Optimize decision-making with real-time financial data from Oracle Financials.
Course Objectives:
By the end of this course, participants will be able to:
- Set up and configure Oracle Financials for an organization.
- Manage financial transactions, including accounts payable, accounts receivable, and general ledger.
- Generate and customize financial reports for decision-making.
- Utilize Oracle Financials for budget management, forecasting, and cash flow analysis.
- Understand the integration of Oracle Financials with other modules and systems.
Course Modules
Course Outline:
Module 1: Introduction to Oracle Financials
- Overview of Oracle Financials suite and modules
- Understanding the architecture and components of Oracle Financials
- Setting up user accounts and managing permissions
- Navigating Oracle Financials interface
- Practical Exercise: Creating a company and setting up a user profile in Oracle Financials
Module 2: General Ledger and Financial Management
- Setting up and managing the General Ledger (GL) module
- Recording journal entries and managing accounting periods
- Performing reconciliations and closing the financial period
- Case Study: Managing financial transactions and reporting in the General Ledger
Module 3: Accounts Payable (AP) and Accounts Receivable (AR)
- Setting up accounts payable and receivable in Oracle Financials
- Managing vendor invoices, payments, and credit memos
- Processing customer invoices, payments, and aging reports
- Practical Exercise: Processing transactions in AP and AR modules
Module 4: Procurement and Asset Management
- Overview of Oracle Procurement module and its integration with financials
- Managing purchase orders, receipts, and supplier invoices
- Asset management: Managing assets from purchase to disposal
- Case Study: Integrating procurement and financial data for seamless operations
Module 5: Reporting, Budgeting, and Forecasting
- Generating financial reports in Oracle Financials (Balance Sheet, Profit & Loss, etc.)
- Customizing and scheduling reports for various business needs
- Budget management and forecasting with Oracle Financials
- Real-life Project: Developing financial reports and budgets using Oracle Financials
Course Administration
Methodology
This instructor-led training course is delivered using a blended learning approach comprising presentations, guided practical sessions, web-based tutorials, and group work.
Accreditation
Participants will receive a Tech For Development Certificate of Course Completion.
Training Venue
Held at the Tech For Development Training Centre.
Accommodation & Airport Transfer
Arranged upon request.
Email: letstalk@techfordevelopment.com
Phone: (+254) 790 824 179
Tailor-Made
Customised training available.
Payment
Send proof of payment to letstalk@techfordevelopment.com.
