What Will You Learn in Oracle Fusion Financials Training?

 In today’s digital finance landscape, businesses are rapidly adopting cloud-based ERP solutions, and Oracle Fusion Financials is at the forefront. Designed for modern enterprises, it offers comprehensive financial management capabilities across accounting, procurement, payables, receivables, and more. If you're considering Oracle Fusion Financials Training, you’re stepping into a world of in-demand skills, automation, and strategic decision-making.


Here’s a detailed breakdown of what you’ll learn during this training:


1. Overview of Oracle Fusion Cloud ERP

The training begins with a strong foundation in Oracle Fusion ERP. You’ll understand the architecture, navigation, user interface, cloud navigation basics, and key functionalities of the financial modules. This introduction helps you grasp the scope and interconnectivity of the Fusion suite.


2. General Ledger (GL)

The General Ledger module is central to Oracle Financials. You'll learn how to:


Create and manage Chart of Accounts


Define Ledgers and Legal Entities


Set up Accounting Calendars and Currencies


Post journals and view real-time financial balances


Use Accounting Hub for centralized financial processing


This equips you to manage core financial data with accuracy and compliance.


3. Accounts Payable (AP)

In the AP module, you’ll dive into:


Supplier setup and invoice creation


Payment processing and holds


Payment terms, methods, and bank account configurations


Handling prepayments, credit memos, and recurring invoices


Matching invoices to purchase orders (PO matching)


This module enables you to streamline vendor payments and ensure efficient payables management.


4. Accounts Receivable (AR)

In the AR section, you’ll explore:


Customer account setup and bill-to-site configuration


Invoice creation, receipts, and adjustments


Managing collections, credit memos, and write-offs


Revenue recognition and reporting


Integration with other Oracle modules (like Order Management)


You’ll learn how to manage cash inflows and track customer balances.


5. Fixed Assets (FA)

This module helps you track and manage company assets. You’ll learn how to:


Add and retire assets


Perform asset depreciation


Transfer assets between locations


Generate asset reports and audits


Understanding Fixed Assets helps organizations maintain accurate financial reporting of owned resources.


6. Cash Management

You’ll also gain expertise in:


Bank account reconciliation


Managing bank statements


Forecasting and tracking cash flow


Reconciling transactions across AR, AP, and GL


Cash flow visibility is critical, and this module teaches you how to control it effectively.


7. Expense Management

The course may also include Oracle Expenses, where you’ll learn to:


Set up expense policies


Manage employee reimbursements


Automate approvals


Integrate with AP for seamless processing


8. Reporting & Tools

You’ll be trained in Oracle’s powerful reporting tools like:


OTBI (Oracle Transactional Business Intelligence)


BI Publisher


Smart View for Excel


Dashboards and KPIs


These tools allow you to build financial reports, analyze trends, and support executive decision-making.


Conclusion

Oracle Fusion Financials Training provides a comprehensive understanding of modern finance operations within a cloud environment. From GL and AP to reporting and analytics, you gain hands-on skills that are highly valued in today’s enterprise world. Whether you're an accounting professional, finance analyst, or aspiring Oracle consultant, this training is a smart investment in your future.

Read more

What are the differences between a career in Workday and a career in Oracle Cloud Financials/ERP/Fusion?

Best Practices for Learning Oracle Cloud Financials Quickly

Visit Our Quality Thought Training Institute

Get Directions




Comments

Popular posts from this blog

Best Testing Tools Training in Hyderabad – Master Software Testing

Full Stack Java Certification Programs in Hyderabad

Essential Skills Covered in Flutter Development Courses in Hyderabad