Oracle Accounts Payable Training in Columbus

Oracle Accounts Payable Training Course Outline

Module 1: Payables Overview

• Payables Workbenches
• Multiple Organization Access Control

Module 2: Suppliers

• Suppliers Pages Reference
• Reviewing and Adjusting Suppliers

Module 3: Invoices

• Entering Invoices Overview
• Entering Invoices in the Invoice Workbench
• Matched Purchase Orders and Receipts in the Invoice Workbench
• Prepayments
• Credit and Debit Memos
• Entering Foreign Currency Invoices
• Subject to Income Tax Reporting Requirements
• Recurring Invoices
• Quick Invoices
• Payables Open Interface Import
• Approving Invoices
• Taxes on Invoices
• Invoice Notices
• Reviewing Invoices
• Adjusting Invoices
• Assets Integration
• Projects Integration
• Purchasing Integration
• Invoice Window References

Module 4: Expense Reports and Credit Cards

• Expense Reports
• Procurement Card Management
• Credit Card Management
• Managing Credit Card Outstanding Transactions

Module 5: Payments

• Payables and Receivables Netting
• Creating Single Payments
• Refunds
• Creating Foreign Currency Payments
• Bills Payable
• Update Matured Bills Payable Status Program
• Reviewing and Adjusting Payments
• Reconciling Payments with Oracle Cash Management

Module 6: Accounting

• Accounting in Payables
• Posting in Oracle General Ledger
• Reconciling Payables Activity
• How Payables Populates the GL Interface Table

Module 7: Resource Management and Reports

• Purging Records
• Purge Reports
• Submitting Standard Reports, Programs, and Listings
• Supplier Reports
• Income Tax Forms and Reports
• Invoice Reports and Payment Reports
• Receivables and Payables Netting Reports
• Accounting and Reconciliation Reports
• Key Indicators Report
• Notices
• Listings

Module 8: Automatic Interest and Automatic Offsets

• Payment Batches and Quick Payments
• Manual Payments
• Void Payments and Stop Payments
• Automatic Offsets and Invoice Processing
• Automatic Offsets and Payment Processing

Module 9: Invoice, Payment, and Account Default Charts

• Invoice and Invoice Batch Default Hierarchy Chart
• Payment and Payment Batch Default Hierarchy Chart
• Account Default Hierarchy Chart

Who should attend the Oracle Accounts Payable Training Course?

The Oracle Accounts Payable Training Course is designed to equip individuals with skills to effectively handle financial transactions, invoices, and managing Accounts Payable within an organization using Oracle. This Oracle Course is beneficial for a wide range of professionals, including:

• Accounts Payable Specialists
• Financial Analysts
• Accounts Managers
• Auditors
• Finance Managers
• Business Administrators
• Consultants and Advisors

Prerequisites of the Oracle Accounts Payable Training Course

There are no formal prerequisites to attend this Oracle Accounts Payable Training Course. However, a basic knowledge of accounting, business processes, and familiarity with financing would be beneficial for the delegates.

Oracle Accounts Payable Training Course Overview

Oracle Accounts Payable (AP) is a critical component of any organization's financial management system, responsible for managing the process of paying suppliers for goods and services. Proficiency in Oracle AP is essential for ensuring timely and accurate payments, maintaining strong supplier relationships, and optimizing cash flow.

Proficiency in Oracle AP is crucial for finance professionals, accounting clerks, and anyone involved in the procurement and payment process. Mastering Oracle AP enables users to efficiently manage the entire payables cycle, from creating invoices to processing payments, ensuring financial transparency and compliance.

This intensive 2-day Oracle Accounts Payable Training Course equips delegates with the core skills and techniques for payable Oracle accounts management. During this training, delegates will learn about locating and posting manual payments. They will also learn about types of vouchers, speed vouchers, review and approve vouchers, understand the post process for A/P, post vouchers, and many other essential topics.

Course Objectives

• To understand the core concepts and terminology of Oracle AP
• To learn how to create and manage suppliers in Oracle AP
• To master the process of entering and processing invoices
• To gain proficiency in matching invoices to purchase orders and receipts
• To understand various payment methods and processes in Oracle AP
• To generate key AP reports for analysis and decision-making
• To identify and resolve common AP issues and errors
• To implement best practices for efficient and effective AP management

After completing this training, delegates will receive a certificate demonstrating their proficiency in Oracle Accounts Payable. This valuable credential will enhance their professional profile and attest to their expertise in managing the payables cycle.

What’s included in this Oracle Accounts Payable Training Course?

• World-Class Training Sessions from Experienced Instructors
• Oracle Accounts Payable Certificate
• Digital Delegate Pack