Oracle EBS 12 Financial Management Certified Implementation Specialist: Payables 1Z0-517 - Locus IT Services

Oracle EBS 12 Financial Management Certified Implementation Specialist: Payables 1Z0-517

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Oracle EBS 12 Financial Management Certified Implementation Specialist: Payables 1Z0-517

Oracle EBS 12 Financial Management Certified Implementation Specialist: Payables 1Z0-517 training aims to acquaint participants within setting up and using Oracle Payables for managing accounts payable process.

After completing Oracle EBS 12 Financial Management Certified Implementation Specialist: Payables 1Z0-517 course, students will be able to use multiple distribution methods and processing for different types of payments, integrate the Payables with other Oracle Apps, import invoices or employee expense reports, and approve invoices.

Oracle EBS 12 Financial Management Certified Implementation Specialist: Payables 1Z0-517 Parts

Part 1: E-Business Essentials

Module 1: Navigating in R12 Oracle Applications
  • Log in to Oracle Applications
  • Navigate from Personal Home Page to Applications
  • Choose a responsibility
  • Create Favorites and set Preferences
  • Use Forms and Menus
  • Enter data using Forms
  • Search for data using Forms
  • Access online Help
  • Run and monitor Reports and Programs
  • Log out of Oracle Applications
Module 2: Introduction to Oracle Applications R12
  • Describe the benefits of R12 E-Business Suite
  • Explain the footprint of R12 E-Business Suite
  • Describe R12 E-Business Suite architecture
Module 3: Shared Entities and Integration
  • Explain the shared entities within R12 E-Business Suite
  • Describe the key integration points and the business flows between products in E-Business Suite (EBS)
  • Identify the Key Business Flows and products involved in E-Business Suite (EBS)
Module 4: Fundamentals of Flexfields
  • Describe Flexfields and their components
  • Identify the steps to implement a Flexfield
  • Define value sets and values
  • Defining the Key Flexfields
  • Define Descriptive Flexfields
Module 5: Fundamentals of Multi-Org
  • Define the Multiple Organization (Multi-Org)
  • Describe the types of organizations supported in the Multi-Org model
  • Explain the entities of Multi-Org
  • Explain how Multi-Org secures data
  • Identify key implementation considerations for Multi-Org
  • Define Multi-Org Access Control
  • Explain Multi-Org preferences
  • Explaining the Enhanced Multiple-Organization Reporting
  • Explain the concepts of subledger accounting
Module 6: Fundamentals of Workflow and Alerts
  • Explain Workflow concepts
  • Describe the benefits of Workflow

Part 2: Payables

Module 1: Procure to Pay Overview
  • Describe the procure-to-pay process flow
  • Describing the key areas in the procure-to-pay process
  • Describe how the procure-to-pay process fits into the Oracle E-Business Suite of applications
Module 2: Transaction Taxes in Payables
  • Compute transaction taxes for invoices
  • Insert the manual tax lines and update transaction tax lines
  • View tax summary and details in Oracle EBS 12 Financial Management Certified Implementation Specialist: Payables 1Z0-517
  • Identify key reports related to transaction taxes
  • Describe setup options in EB Tax & Payables
  • Describing the transaction taxes in Payables
  • Describe the treatment of different types of taxes (offset tax, recoverable tax, tax on prepayment, and others)
Module 3: Withholding Tax
  • Identify the withholding tax process
  • Use withholding tax options
  • Process manual withholding tax invoices
  • Create withholding tax on the Standard Invoices, Recurring Invoices, and Application of Prepayment
  • Process automatic withholding tax invoices
Module 4: Advances and Progressive Contract Financing
  • Describe the purpose of complex service contracts
  • Identify advances, contract financing, and progress payment invoices
  • Calculate retainage
  • Recoup prepaid amounts for the complex service contract
  • Calculate tax
Module 5: Payables Overview
  • Describe the Payables process flow
  • Describe the key areas in the Payables process
  • Identify Payables integration points in Oracle EBS 12 Financial Management Certified Implementation Specialist: Payables 1Z0-517
  • Identify open interfaces to import data into Payables
  • Set up and use Multiple Organization Access Controls (MOAC)
Module 6: Suppliers
  • Define suppliers and supplier sites
  • Identify the key reports related to suppliers and supplier sites
  • Describe setup options – Purchasing
  • Describe additional implementation considerations related to suppliers
  • Describing the setup options – Receiving
  • Describe setup options – Others
Module 7: Payments
  • Describe the payment process
  • Set up banks and bank accounts
  • Enter single payments
  • Process multiple payments
  • Review and adjust payments
  • Set up and create bills payable
  • Create, apply, and release holds on prepayments
  • Reconcile payments with Oracle Cash Management
  • Use key standard reports
  • Describe key setup options
  • Describing the additional implementation considerations related to payments
  • Describe Payment Manager
Module 8: Invoices
  • Import/Enter invoices and invoice distributions
  • Match to purchase orders
  • Validate invoices
  • Apply and release holds
  • Describe invoice approval workflow
  • Describe key reports
  • Describing the setup options
  • Describe additional implementation considerations related to invoices
Module 9: Expense Reports and Credit Cards
  • Process various types of expense report
  • Enter expense report templates
  • Enter expense reports
  • Apply advances
  • Process procurement cards and credit cards
Module 10: Period Close
  • Reconcile accounts payable transactions for the period
  • Describe the activities to be performed during the Period Close process in Payables and Purchasing
  • Identify the key programs and reports related to Period Close
  • Describe setup options related to Period Close
  • Describe additional implementation considerations related to Period Close
  • Explain the prerequisites for the Period Close process
  • Transfer from Payables to General Ledger

For more information on Locus IT‘s Oracle EBS 12 Financial Management Certified Implementation Specialist: Payables 1Z0-517, please contact us.

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