Master R12.x Oracle Payables Management Fundamentals with Our Comprehensive Course

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R12.x Oracle Payables Management Fundamentals Course Overview


The Oracle R12.x Payables Management Fundamentals course is designed to provide students with knowledge and expertise in the setup and use of Oracle's e-Business Suite of applications for managing the complete life cycle of a Payables transaction including setup, purchasing, data entry and payments processing. Students learn how to define purchasing documents and document types and transactions, set up suppliers and invoice validation, submit payment batches, reconcile supplier statements and provide timely payment, and use reports and other inquiries to track and analyze Payables activities.
This course is targeted to all personnel in charge of managing the Payables process within an enterprise. This includes Accounts Payable Supervisors and Managers, Financial Controllers and Analysts, and even IT Business Analysts and Consultants. The course provides the fundamental knowledge and best practices needed to work efficiently and effectively with the Payables functionality to ensure that the Payables process accurately reflects the organization's financial and operational objectives.

This is a Rare Course and it can be take up to 3 weeks to arrange the training.

The 1-on-1 Advantage
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Flexible Dates

  • • Choose Start Date
  • • Reschedule After Booking
  • • Weekend / Evening Option
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4-Hour Sessions

Destination Training
(Dubai/London/Sydney
New York/Delhi/Goa
Singapore)

Flexi
(On Demand Videos)

You will learn:

Module 1: Procure to Pay Overview
  • Describing the Procure to Pay Process Flow
  • Describing how the Procure to Pay Process Fits Across the eBusiness Suite Applications
  • Overview of Payables Processes
  • Understanding Supplier Entry
  • Understanding Invoice Entry
  • Understanding Payments
  • Analyzing Payables Integration Points
  • Using Payables Open Interfaces to Import Data
  • Understanding the Procure to Pay Lifecycle
  • Defining Supplier and Supplier Sites
  • Identifying the Key Reports
  • Understanding Setup Options
  • Analyzing Implementation Considerations
  • Importing and Entering Invoices and Invoice Distributions
  • Matching Invoices to Purchase Orders
  • Validating Invoices
  • Applying and Releasing Holds
  • Understanding the Invoice Approval Workflow
  • Generating Key Reports
  • Analyzing Setup Options
  • Analyzing Implementation Considerations
  • Describing the Payments Process
  • Setting Up Banks and Bank Accounts
  • Entering Single Payments
  • Processing Multiple Payments
  • Understanding how to Review Payments
  • Understanding how to Adjust Payments
  • Analyze Setting up and Creating Bills Payable
  • Creating, Applying, and Releasing Holds on Prepayments
  • Describing the Expense Reports Process
  • Understanding how to Enter Expense Report Templates
  • Entering Expense Reports
  • Understanding how to Apply Advances
  • Identifying the Key Expense Reports
  • Understanding how to Set Up Credit Card Programs
  • Describing the Period Closing Process in Payables
  • Describing the Period Closing Process in Purchasing
  • Reconciling Payables Transactions for the Period
  • Identifying Key Programs and Reports
  • Understanding Setup Options
  • Understanding Implementation Considerations
  • Describing How to Enable 1099 Suppliers
  • Entering Invoices for 1099 Suppliers
  • Updating the 1099 Information
  • Understanding the 1099 Setup Options
  • Understanding Implementation Considerations
  • Describing how Transaction Taxes are Calculated
  • Inserting Manual Tax Lines
  • Updating Transaction Tax Lines
  • Viewing Tax Summary and Details
  • Identifying Key Reports
  • Understanding Setup Options
  • Identifying the Withholding Tax Process
  • Using Withholding Tax Options
  • Processing Manual Withholding Tax Invoices
  • Creating Withholding Tax Invoices
  • Processing Automatic Withholding Tax Invoices
  • Analyzing Standard Key Reports
  • Understanding the Purpose of Complex Service Contracts
  • Identifying Advances, Contract Financing, and Progress Payment Invoices
  • Calculating Retainage
  • Recouping Prepaid Amounts for Complex Service Contract
Live Online Training (Duration : 32 Hours) Fee On Request
We Offer :
  • 1-on-1 Public - Select your own start date. Other students can be merged.
  • 1-on-1 Private - Select your own start date. You will be the only student in the class.

4 Hours
8 Hours
Week Days
Weekend

Start Time : At any time

12 AM
12 PM

1-On-1 Training is Guaranteed to Run (GTR)
Group Training
Date On Request
Course Prerequisites

Prerequisites for the R12.x Oracle Payables Management Fundamentals Training are:

- Knowledge of jargon and terminology associated with accounts payable and Oracle E-Business Suite.
- Knowledge of basic concepts of accounting including General Ledger and Purchasing
- Understanding of navigation shortcuts in the Oracle Applications
- Experience with R12.x or later versions of Oracle E-Business Suite
- Experience with the business flow of Purchasing to Accounts Payable
- Knowledge of the features and functionality of Accounts Payable
- Working knowledge of SQL and PL/SQL

Target Audience


The target audience for R12
x Oracle Payables Management Fundamentals training is finance and accounts professionals, project managers, and business analysts who have a general understanding of finance and procurement operations, financial systems, and the general roles and responsibilities associated with the Accounts Payable process
This course is ideal for new users of the Oracle Payables Application as well as those who wish to gain comprehensive knowledge of the application’s features and functionality
This training also provides new users with an understanding of the purchasing and invoicing processes and how they relate to the accounts payable lifecycle
It is also beneficial for users who wish to gain greater visibility over their organization’s cash and vendor interactions

Learning Objectives of R12.x Oracle Payables Management Fundamentals


1. Learn the basics of Oracle Payables and how to set up your supplier details, invoices and payments.
2. Understand payables options, reports and reconciliations, as well as invoice matching, payment document creation and other data entry techniques.
3. Get to grips with Advanced Global Intercompany System (AGIS) tools and techniques for intercompany invoicing, statement creation and settlement.
4. Understand multi-currency features and how to configure and use them within Payables.
5. Develop the skills needed to streamline payments, resolve inquiries from suppliers, and manage the remittance process.
6. Analyze vendor data, reconcile supplier accounts and generate reports to monitor financial performance.
7. Assist with budgets, identify opportunities for cost reduction and maximize use of payment tools provided by Oracle.
8. Gain hands-on experience using Oracle’s powerful Payables reporting dashboards and analytics.

Student Feedback  (Check Koenig Feedback on Trustpilot)

Q1 Say something about the Trainer? Q2 How is Koenig different from other training Companies? Q3 Will you come back to Koenig for training ?
Student Name Feedback
Abu
United States
A1. Yes, she was very clear & a strong mastery of both English & Azure platforms hence following was easy. She was also patient and was answering every question asked, she also shared material & tips on how to pass the exam, Well done, and keep it up.
Nick Barker
United States
A1. Calm and understanding, she not only kept the course running well but also took time to help those with lots of questions. Very well done.
Robin Johnson
United States
A2. Individual attention during training, excellent customer service and coordination. Neha has been ever so helpful and is definitely an asset to Koenig.
Shivani Prasad
United States
A1. The trainer was great and his teaching methods were incredible. He used different teaching methods to ensure I was learning well. A fun trainer with lots of patience and understanding.
Adam
United States
A1. The trainer was very knowledgeable and well prepared about the presentation/training subject, with a positive attitude towards students and making every effort in answering questions during the training session. Top-notch service!
Suresh
United States
A1. Exceptional... recommend to everyone!
Shyam Vaddakapett
United States
A1. My trainer, Mohit Kakkar was excellent as he focused on hands-on assignments to supplement the concepts of AZ 900. The training coordinator Jasmeet as well as the ops manager Sheshadri are also very professional and customer-centric. I recommend Koenig for training courses, and I will take some more courses with them soon.
Gilles Chirlias
United States
A1. Chavi was a great teacher, I have learned a lot from her. I would like to have her for the next training, which would be the AZ 301 and AZ 500.
Abdulrahman Saad Alshahrani
United States
A1. Excellent trainer. I will take another course with him someday. He deserves a good appreciation from his Manager.
Anonymous
United States
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