Oracle Fusion Financials Training Blog

Auto Accounting Rule in Oracle Fusion Financials:

In Oracle Fusion Financials Online Training Receivable Auto Accounting Rule helps you to determine the General Ledger accounts for AR transactions that you enters manually or importing through Auto Invoice Import. System drives the GL account from these Auto Accounting Rules for AR transactions. With the help of Auto Accounting Rule, All the GL segments automatically derived in Oracle receivables transactions.

Receivables creates default accounts for revenue, receivable, freight, tax, unearned revenue, unbilled receivable, finance charges, and AutoInvoice clearing (suspense) accounts using this information.

When you enter transactions in Receivables, you can override the default general ledger accounts that Auto Accounting creates.

You can control the value that Auto Accounting assigns to each segment of your Accounting Flex field, such as Company, Division, or Account.

We can define Auto Accounting rules for these below types:

->Freight: The freight account for your transaction.

-> Receivable: The receivable account for your transaction.

-> Revenue: The revenue and finance charges account for your transaction.

-> AutoInvoice Clearing: The clearing account for your imported transactions. Receivables uses the clearing account to hold any difference between the specified revenue amount and the selling price times the quantity for imported invoice lines. Receivables only uses the clearing account if you have enabled this feature for the invoice batch source of your imported transactions.

-> Tax: The tax account for your transaction.

-> Unbilled Receivable: The unbilled receivable account for your transaction. Receivables uses this account when you use the Bill In Arrears invoicing rule. If your accounting rule recognizes revenue before your invoicing rule bills it, Receivables uses this account.

-> Unearned Revenue: The unearned revenue account for your transaction. Receivables uses this account when you use the Bill In Advance invoicing rule. If your accounting rule recognizes revenue after your invoicing rule bills it, Receivables uses this account.

For each segment, enter either the table name or constant value that you want Receivables to use to get information. When you enter an account Type, Receivables displays all of the segment names in your Accounting Flexfield Structure. Segments include such information as Company, Product, Account, and Sub-Account. Receivables lets you use different table names for different accounts. Choose one of the following table names:

-> Salesreps: Enter this option to use salesperson when determining your revenue, freight, receivable, AutoInvoice clearing, tax, unbilled receivable, and unearned revenue accounts. If you choose this option for your AutoInvoice clearing, tax, or unearned revenue accounts, Receivables uses the revenue account associated with this salesperson. If you choose this option for your unbilled receivable account, Receivables uses the receivable account associated with this salesperson.

-> Transaction Types: Enter this option to use transaction types when determining your revenue, freight, receivable, AutoInvoice clearing, tax, unbilled receivable, and unearned revenue accounts.

-> Standard Lines: Enter this option to use the standard memo line item or inventory item you selected when determining your revenue, AutoInvoice clearing, freight, tax, unbilled receivable, and unearned revenue accounts. If you choose this option for your AutoInvoice clearing, freight, tax, unbilled receivable or unearned revenue accounts, Receivables uses the revenue account associated to this standard memo line item or inventory item. If the transaction has a line type of "LINE" with an inventory item of freight ("FRT"), Auto Accounting uses the accounting rules for the freight type account rather than the revenue type account.

->Taxes: Enter this option to use tax codes when determining your tax account.

If you did not enter a Table Name, enter a Constant value for this segment, or select one from the list of values.

Oracle Fusion HCM Training Blog

The Changing Face of Oracle Fusion HCM 

The same number of the perusers of my blog know, I have been working with Oracle Fusion HCM Online Training since "Beta 16" - which was quite a while back at this point!

Throughout the years, I've seen the item change and develop with each new discharge. At some point, these progressions have been presenting new usefulness however from time to time we've seen a significant change to the 'look and feel' of the item. With Release 13 we are going to see another.

I will be giving an introduction on this extremely subject at Collaborate 2018 in Las Vegas in April. Be that as it may, I suspected I'd give a brisk review here.

Similarly as with every single current item, the first form frequently gets alluded to as "Great" when new forms show up. Prophet Cloud is the same and I will allude to the first look and feel as "The Classic Version".

The Classic Version: 

Once upon a time, the "Combination" screens were planned as "Workareas" and made up of 4 areas.

1 is the "Worldwide" locale which showed up at the highest point of the screen and regularly was utilized for route. It would in general continue over all screens.

2 is the "Undertaking territory" where the errands accessible to that particular workarea (in light of the client's jobs) were shown.

3 is the "Value-based territory" where the majority of the exchange preparing for the picked task was performed.

4 is a discretionary district and was known as the "Logical territory". Here, valuable extra data was shown dependent on the setting of the exchange.

The "Rearranged User Interface" (SUI): 

Next up was the Simplified User Interface, or SUI to its companions.

The possibility of the SUI was that it rearranged the UI for "easygoing" clients, for example, directors or workers. It existed nearby the great screens which would in general be utilized for the more "proficient" clients who utilized the framework as an instrument for their work - for example HR Specialists.

The SUI was gotten to by means of a "Springboard" page with symbols to encourage route. The workareas were chopped down and improved to make the exchanges easier to finish. For workareas with various utilizations, tabs were utilized to isolate information and to keep each screen "uncluttered".

The "New" Simplified User Interface: 

Thus, presently we go to the following new UI!

In any case, sit tight for it...... I will speak progressively about this at Collaborate 2018, so I'm not going to give a spoiler here :( If you need to know more, tag along to my Collaborate introduction "The Changing Face of Oracle Fusion HCM".

Oracle Fusion Financials Creating Customers

Rainbow training institute is that the Perfect place to find out Oracle Fusion Financials Online Training and Oracle Cloud Financials Online Training and lots of more Fusion Courses. We have quite 10 years of real-time experience in teaching online Classes with self paced videos for the course Oracle Fusion Financials Online Training in our institute. The institute for the scholars to realize employment in MNC campanies by learning Oracle Fusion Financials Online Training Classes with our expert trainers having quite 10 years of experience.

Creating Customers in Oracle Fusion

Showing you grade by grade navigations and steps to create Customer.

Creating Customers in Oracle Fusion
To create a consumer, you need to specify as a minimum a customer name, Account Address Set, account site cope with and business reason.

Step1:-
Log in Billing obligation.  Navigate to the Create Customer window.

Navigator >  Receivables > Billing

Step2:-
Enter Customer Name inside the Organization Name field
The default Customer Type may be Organization. You can also trade to Person.

In the Account Information section of the window, optionally input and account description, account kind and client class.

Step3:-
Navigate to the Account Address place.  Select the  Account Address Set from the drop down list

Enter the web site deal with statistics including Country, Address Line 1 – three, City, State.

Step4:-
Creating Bill to Ship To Sites
Scroll right down to the Address Purposes section of the window.  Click the plus + signal to feature cope with cause 'Bill To' or 'Ship To'

Step5:-
Click the plus + sign once more to feature a 2d deal with purpose 'Ship To' purpose and pick out the Bill To Site Address you just created.

Step6:-
Now Save and Close your Details.

Step7:-
Now subsequent step is to Add or Assign purchaser Sites to Business Unit. For this you want to move returned to the Task list again and select Manage Customers.
Enter consumer call within the Organization Name filed click on on search

Step8:-
Assign Customer Site to a Business Unit 
Click on the Site Number on the stop of the hunt result web page     

Under Reference Accounts click on on Create icon to feature Business Unit to Customer Site.
 Enter the GL Accounts
(B) Save at the top of the web page

Step9:-
Defining Customer Banking Details
Click on fee information tab
Under Payment Instruments click on Bank Accounts tab.
You can either create a brand new one or use an Existing Bank Accounts.

Oracle Fusion HCM New Releases

Rainbow training institute is that the Perfect place to find out Oracle Fusion HCM Online Training and Oracle Cloud HCM Online Training and lots of morFusione  Courses. We have quite 10 years of real-time experience in teaching online Classes with self paced videos for the course Oracle Fusion HCM Online Training in our institute. The institute for the scholars to realize employment in MNC campanies by learning Oracle Fusion HCM Online Training Classes with our expert trainers having quite 10 years of experience.

Oracle HCM Cloud new releases are introduced in five purposeful groupings:

1. HCM Cloud Common Features (This file pertains to all HCM packages. It is the base human aid statistics for all merchandise and HCM Tools.)

2. Global Human Resources Cloud (Global Human Resources incorporates the base application in which other software use for not unusual facts such as staff structures and individual data. Regardless of what merchandise you have got applied you could want to look the brand new features for Global Human Resources that could effect your products.)

3. Talent Management Cloud (All Talent packages)

4. Workforce Rewards Cloud (Compensation, Benefits, Payroll and Global Payroll Interface)

5. Workforce Management Cloud (Absence Management and Time and Labor)

In this element 1 of the weblog, we're going to check out the brand new features which are global in nature and is available for all the geographies and in component 2 of the weblog we are able to inspect country precise new functions and component three we are able to investigate OTBI (Business Intelligence capabilities and enhancements).

Below is the summary of what has been part of the present day Global Human Resources Cloud – Release 12 rollout, a whole lot extra details might be found on  Oracle HCM Release 12 characteristic info

Global Human Resources:

1. ENHANCED ADD PERSON FLOWS and Manage Direct Reports– The earlier Employment Information web page is now split into two train stops: Employment Information and Compensation and Other Information to keep away from web page scrolling and additionally beautify the user experience with the addition of the Add Direct Reports functionality within the Manage Direct Reports web page. You can now add direct reports or reassign each line and different varieties of direct reports to one of a kind manager types from the Manage Direct Reports page.

2. ENHANCED DUPLICATE PERSON VALIDATION – The Person Creation Service Duplicate Check alternative is brought on the Enterprise HCM Information web page. This choice is used when growing employees though the Worker carrier. If supplied, this validation assessments for matches between individual name, date of delivery, gender, and national ID. The validation generates an mistakes and prevents advent of a reproduction man or woman if there are any conflicts.

3. SALARY UPDATE WHEN CHANGING WORKING HOURS – Enhance Line Manager’s potential to replace the profits of part-time employees when changing their running hours.

4. AREAS OF RESPONSIBILITY ENHANCED TO INCLUDE ADDITIONAL ATTRIBUTES AND RESPONSIBILITY – The Areas of Responsibility web page additionally suggests a new Recruiting obligation kind and new scope attributes primarily based on recruiting kind and hierarchies.

5. WORKER USER ACCOUNTS NO LONGER CREATED AUTOMATICALLY FOR USERS LOADED IN BULK – Control the automatic introduction of user bills and notification of consumer credentials for customers loaded in bulk.

6. JOB FAMILY CODE ADDED TO JOB FAMILY PAGES – Enhance the person enjoy with the addition of a new field, Job Family Code, on the Manage Job Family and Create Job Family pages.

7. EMPLOYMENT MODEL SIMPLIFICATION which now consists of 2 tier options

8. STREAMLINED NAVIGATION – Simplify navigation for customers and encourage use of new menu gadgets which includes Career Planning and Skills and Qualifications, also Enhanced pages and navigation update the capability to be had within the Person Gallery and Portrait pages.

9. STREAMLINED NAVIGATION TO INFOLETS AND OTBI REPORTS

10. DISPLAY FLEXFIELD INFORMATION ON REVIEW PAGES FOR JOBS, POSITIONS, GRADES, AND LOCATIONS

11. SYNCHRONIZATION OF GRADE LADDER FROM POSITION – Enhance the user revel in with the synchronization of the grade ladder in the project from the placement.

12. CHANGED RULES FOR POPULATING GRADES AND GRADE LADDERS IN ASSIGNMENTS – Enhance the person revel in with the modified guidelines for populating grades and grade ladders in an mission.

13. NEW POSITION ATTRIBUTE – STANDARD WORKING HOURS – Capture the same old operating hours for a role to help component time positions. Use the brand new Standard Working Hours area at the Create and Edit Position pages to seize popular working hours, which may be different from running hours to guide part-time positions

14. NEW SCHEDULED PROCESS FOR POSITION SYNCHRONIZATION – Automate function synchronization with the brand new Synchronize Person Assignment from Position system

How to Learn Oracle Fusion Financials

Oracle Fusion Financials Concepts: Overview

Rainbow Training Institute offers the best Oracle Fusion Financials OnlineTraining which will be educated by our Oracle specialists . Oracle Fusion Fianancials Applications are a group of items intended to catch and break down monetary information on an overall premise.

There are two Oracle Fusion Financials Online Training Offerings:

Oracle Fusion Financials Online Training, which incorporate general record, receivables, payables, resource following, cost the executives, and money the executives usefulness.

Oracle Fusion Accounting Hub, giving the joining and reporting stage to viably drive a conjunction methodology with your current money related frameworks.

The Oracle Fusion Accounting Hub is intended to be conveyed in concurrence with E-Business Suite, PeopleSoft, JD Edwards, and other undertaking asset arranging frameworks.

The vital goal of Financial Applications is to give an extensive coordinated money related administration arrangement from start to finish over the bookkeeping cycle. This arrangement comprises of streamlined and brought together top tier highlights and capacities.

Oracle Fusion Financials Online Training help you to change your business into a cutting edge undertaking and depend on the accompanying components:

Flexibility of the local assistance arranged engineering

Profitability of the inserted insight

Sensibility of the execution and sending

Model capacity of the endeavor wide business forms

Oracle Fusion Financials give highlights to:

Receivable and assortment usefulness inside the Order Fulfillment process

Resource bookkeeping and reporting inside the Asset Lifecycle Management process

Money the executives usefulness inside both the Order Fulfillment and Procurement forms

Payable and installment usefulness inside the Procurement procedure

Money related Control and Reporting including tax assessment, subledger bookkeeping, general record, union, and reporting practically

Costs the executives usefulness inside the Compensation Management process

Multi-GAAP consistence including approaches for concurrent consistence with corporate and national controllers and standards.

Money consistence remembering abilities for representing group and bookkeeping monetary forms and for interpretation to utilitarian or reporting monetary standards as required in consistence with the important standards inside both the International Financial Reporting Standards (IFRS) and United States Generally Accepted Accounting Principles (GAAP).

This Oracle Financials Cloud: Financials Overview preparing clarifies the key ideas of Oracle Financials Applications. This course gives a wide comprehension of how Oracle Fusion Financials chip away at the Cloud.

Figure out how To:

Recognize the key ideas and basic elements of Oracle Fusion Financials.

Explore the applications and utilize the Functional Setup Manager (FSM).

Make and post diary sections. Perform period close for General Ledger.

Utilize the Financial Report Center to run and audit Financial Reports

Utilize the Invoice work zone to process manual solicitations.

Use Payments to process installments to your providers.

Clarify the client model.

Oversee client charging and process client installments.

Make bookkeeping, run reports, and close a period.

Advantages to You

This outline course shows you the nuts and bolts of the Oracle Financials Applications and gives hands-on labs where you can apply your new information to comprehending issues you experience at work.

About Us:

Rainbow Training Institute are having Online and Classroom Training Classes at our instructional hub in which our internet preparing can be gotten to from anyplace whenever. Our internet instructional courses end up being especially useful for those students who are keen on taking best preparing yet can't go to customary homeroom based preparing because of certain reasons. In study hall preparing, we are having better lab offices and the questions of understudies on any theme can be explained around then with the mentors at our instructional hub. It offers online-based instructional courses so understudies can go to the classes from their remote spot whenever and accomplishes this Oracle Fusion Financials Training this empowers the understudies to take up their intrigued and pertinent course even from their own place. We offer a wide assortment of IT benefits and guarantee a total start to finish arrangement.

Presenting Oracle Fusion HCM

Human Capital Management (HCM) assumes a significant job in numerous associations today. This HR item offers both broadness and profundity functionality to drive the business esteem. It is intended to coincide with your present venture and can be conveyed on general society, private (or) a crossover cloud. Today this Oracle suite offers amazing administrations to individuals. What's more, you can without much of a stretch gain proficiency with these administrations through Oracle Fusion HCM Training.

What is Oracle Fusion HCM?

Oracle Fusion HCM is a progressive advance in HCM. This rethinks the business HR, to give the incentive to each individual in the association. This gives the very ground-breaking inserted man-made reasoning, long range informal communication apparatuses, and portable availability. This causes laborers to finish their activity quicker. Moreover, it was intended to exist together with the client current applications to convey advancement without disruption.

Rainbow Training Institute covers the Oracle Fusion HCM Online Training with the accompanying ideas:

HCM set up configuration

Oracle fusion functional set up Manager(FSM)

Oracle Identity Manager(OIM)

Oracle authorization policy manager (APM)

Oracle Business Process management

Today Oracle fusion HCM training is being given by numerous institutes through on the web. In any case, one bit of leeway of taking the course from Rainbow Training Institute is that you will get a self-put video of your intriguing innovation from the accessible set of courses.

Rainbow Training Institute is giving the Oracle Fusion HCM Online Training by the continuous business. Mentors were exceptionally gifted individuals who were as of now working in the business with minimal experience of 10 years. Alongside training coach will manage you a few hints alongside the valuable material. This aides in clearing the accreditation.

Concerned staff can be reached by the understudies on the off chance that they are searching for help and help as for the course and its material. Understudies can move toward their individual workforce to clear their quires either by email, telephone or through live talk.

Rainbow Training Institute will assist understudies with securing position openings with the recently procured range of abilities. Rainbow Training Institute has a changed pack of Clientele around the world, over 30+ organizations in USA and India that have involvement with working with various advances. We would pass your resumes to them after the finishing of the course and guarantee that the understudies accomplish 100% positions. During the testing and meeting process for them, the necessary help will be given by Rainbow Training Institute.

Oracle Integration Cloud Tutorial

Oracle Integration Cloud permits empowering explicit usefulness to the particular OIC occasion as required which is called highlight banner model. The codebase will continue as before for all examples however include banner control the highlights.

Each new element is appointed a particular banner that is utilized to control the component. For instance, in the event that you need to call previously initiated coordination inside another mix, there is an element banner oic.ics.console.integration.invoke.local.integration doled out to this particular element. In the event that this banner is empowered in the OIC occasion, at that point just this element can be utilized. Banners are controlled from a focal framework and can be refreshed progressively by Oracle improvement and activities. This implies include banners can be turned on rapidly, and furthermore if an issue happens they can be crippled.

See one case of highlight banner here which calls Oracle Integration Cloud Service Online Training

The existence pattern of Feature Flags 

Interior Only: 

At the point when the particular component enters to the stage then this element is accessible to Oracle just and not accessible to clients. It is on the grounds that Oracle attempting to test the component start to finish before turning them on for any clients. When Oracle happy with the component inside then they begin discharging the element to the chose clients and highlight move to the Feature Controlled Stage. If it's not too much trouble note that this adjustment in organize doesn't require any code transforms, it just requires an endorsement procedure to turn on the element.

Highlighted Controlled:

When an element enters to the Feature Controlled stage then the client can utilize this component in their OIC examples. So as to utilize the element, the client may need to demand Oracle to turn on the component banner of the particular element on at least one OIC examples. On the off chance that Oracle supports this, at that point those occurrences will have this component banner empowered and the element will get accessible inside couple of moments of being empowered. Once more, there are no code changes to the client case, only the adjustment in the banner status from handicapped to empowered in the focal element banner server.

Highlight Controlled General Availability:

When Oracle content with the solidness of a component, at that point Oracle empowers this element for all the occurrences for all the clients. In any case, Oracle despite everything keeps the component banner set up so that if a particular client experiences an issue for any element, Oracle can kill that element of that client case. Once more, this doesn't require any code changes.

General Availability:

When the element enters this stage, at that point the banner controlling the element will be expelled and clients don't require mentioning prophet to empower to include. All the highlights (went into the GA organize) will become accessible naturally for all clients.

Instructions to check what all highlights are gone on to the OIC occasion

1.Login into the OIC case, click on the Integrations

2.Snap on the client's symbol from upper right and choose About

3.Grow the Enabled highlight which shows all the empowered component banner on the OIC case