Course Content

1:Financial Management

• Benefits of Financial Management
• Financial Management

2: Configure Currencies

• Introduction
• Setup Legal Entity Currencies and Conversions
• Configure and Import Currency Exchange Rates

3: Create fiscal calendars, years and periods

• Introduction
• Create Fiscal Calendars, Years and Periods
• Create Date Intervals
• Differentiate between Ledger and Fiscal Calendars
• Configure and set up Fiscal Calendars, Years, and Periods
• Create and Use Date Intervals

4: Configure Chart of Accounts

• Introduction
• Define and Configure the Chart of Accounts
• Define and Configure the Financial Dimensions
• Define and Configure Account Structures and Rules
• Identify the Required Components for the Chart of Accounts
• Define and Configure the Chart of Accounts
• Define and Configure the Financial Dimensions and Dimension Sets
• Configure Chart of Accounts, main Accounts, Categories, Templates, Ledger Account Alias, and Balance Control.
• Configure Account Structures and Advanced Rules

5: Configure Ledger and Journals

• Journals and their Setup
• Configure Ledger and Journal Setup
• User Journals
• Different Types of Journals and their Setup.
• How to configure Ledger and Posting Setup
• How to Configure and Use Journals

6: Configure Cash and Bank Management

• Bank Transaction Types and Groups
• Setup Cash and Bank Management Parameters
• Configure Banks and Bank Checks
• Deposit and Refund Checks
• Cash Flow
• Create and Configure Banks.
• Create and Configure Bank Layouts
• Configure Cash and Bank Management Parameters
• Set up Vendor and Customer Banks
• Configure Cash Flow Forecasts and Reports

7: Use Cash and Bank Management

• Make Deposits and Perform Payment Reversals
• Use Cash and Bank Management workspaces
• Work with Cash and Bank Management Processes
• Use Cash and Bank Management Workspaces
• Make Deposits
• Cancel Payments

8: Configure Letters of Credit and Guarantees

• Introduction
• Configure Letters of Credit
• Configure Letters of Guarantee

9: Perform Daily Procedures

• Learn about General Ledger Processes
• Create voucher Templates
• Setup Journal Controls

10: Intercompany Accounting

• Setup and use Intercompany Accounting

11: Configure Ledger Allocations and Accruals

• Introduction
• Configure and Apply Accrual Schemes
• Configure Ledger Allocation Rules

12: Configure Sales Tax

• Understand Tax Engine Components