Basic Concepts of Oracle Financials – Oracle e-business suite

In this session, we will review the basic concept of Oracle Financials part of Oracle E-Business Suite Release 12. Oracle E-Business Suite is a complete set of business applications with different components to cover different business aspects/operations that enables companies to cater detailed business transaction data, which will enable decision making. IN THIS SESSION, WE […]

The post Basic Concepts of Oracle Financials – Oracle e-business suite appeared first on Open Tech Talks - Technology worth Talking.

In this session, we will review the basic concept of Oracle Financials part of Oracle E-Business Suite Release 12. Oracle E-Business Suite is a complete set of business applications with different components to cover different business aspects/operations that enables companies to cater detailed business transaction data, which will enable decision making.

IN THIS SESSION, WE WILL LEARN

A few of the key concepts for beginners before start working on Oracle Financials are must

Basic concept of Oracle Financials
What is the concept behind Legal Organization?
How we will represent Your Organization in the Application financials
Business Group and Department
Government Reporting Legal Entity
Definition of Legal Entity
Concept of Establishment in Oracle Fin
What is the concept of Ledger?
Ledgers and Sub ledgers
Operating Units
Inventory Organizations
Chart of Accounts
Cost Center
Balancing Segment
Natural Account
Multiple Ledgers
Sub ledger
Ledgers and Sub ledgers
Subledger Accounting and Operating Units

LINKS AND RESOURCES MENTIONED IN THIS SESSION

Basic concept of Oracle Financials

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The post Basic Concepts of Oracle Financials – Oracle e-business suite appeared first on Open Tech Talks - Technology worth Talking.