View Schedule

What you will learn:

In this course, students will learn about the implementation of 11i Oracle Project Billing. The course encompasses key setup considerations, such as licensing, revenue and invoicing, agreements and funding, customers, autoaccounting, interproject billing, customer billing retention, and integration with Oracle Receivables. Students will learn through the use of tutorials, supplemented with guided demonstrations and hands on practices.

Oracle Project Billing enables enterprises to simplify customer invoicing, streamline corporate cash flow, and measure the profitability of contract projects. With Oracle Project Billing, you can generate revenue, create the corresponding accounting entries, and interface the revenue accounting to Oracle General Ledger. Project managers can review project invoices online and analyze project profitability, and accounting managers can see the corporate impact of project work.

Oracle Project Billing is part of the Oracle Enterprise Project Management solution. Oracle Enterprise Project Management provides a set of applications that help companies deliver global projects by integrating and managing project information. It enables all persons at all levels of the enterprise to participate and collaborate on the projects at appropriate levels in a centralized environment.

Audience:

• Functional Implementer
• Sales Consultants
• Project Manager

Prerequisites:

Required Prerequisites:

• 11i eBusiness Suite Essentials for Implementers
• 11i Project Costing Fundamentals

Suggested Prerequisites:

• Basic knowledge of project billing
• Basic knowledge of project accounting

Course Objectives:

• Set up 11i Oracle Project Billing
• Identify the features of Oracle Project Billing
• Describe how Oracle Project Billing integrates with the Oracle eBusiness Suite
• Understand the impacts of key implementation decisions
• Implement Project Billing
• Develop a centralized project environment
• Integrate all project information

Course Topics:

Overview of Oracle Project Billing

• Explain where Project Billing is positioned within Oracle Projects
• Describe the overall Project Billing process
• Discuss the key areas that are part of the Project Billing process
• Explain the accounting flow for revenue and invoicing

Defining a Contract Project

• Explain activities involved with creating a contract project
• Define a contract project

Customers

• Define Project Billing related setups for customers

Agreements and Funding

• Discuss the use of agreements and the relationship between agreements and projects
• Explain how to create a revenue budget baseline from the Project Funding Inquiry window
• Define an agreement and fund a project
• Baseline funding for a project
• Define agreement types
• Define a project to allow the creation of a revenue budget baseline from the Project Funding Inquiry window
• Define and explain the use of agreement templates

Currency

• Explain the multi-currency options available for contract projects
• Discuss the use of funding revaluation

Generating Revenue

• Explain fundamental revenue concepts
• Generate revenue and interface it to Oracle General Ledger
• Adjust revenue after projects period close
• Identify the client extensions available for revenue

Generating Invoices

• Explain fundamental invoice concepts
• Explain the use of customer billing retention on a contract project
• Define the setups for customer billing retention
• Define customer billing retention on a contract project
• Generate an invoice and interface it to Oracle Receivables
• Identify the setup in Oracle Receivable necessary for with Oracle Project Billing
• Identify and perform adjustments during invoice review
• Create adjustments to existing invoices and revenue

Accounting for Revenue and Invoices

• Describe the overall flow of accounting for revenue and invoices
• Explain the components of AutoAccounting
• Identify the AutoAccounting functions used during revenue and invoicing

Interproject Billing

• Describe the use of interproject billing
• Create provider and receiver projects for use with interproject billing
• Identify the step for processing interproject AR and AP invoices
• Define the setups needed to implement interproject billing
• Identify the related setups in Oracle Accounts Payable and Oracle Accounts Receivable

Suggested Next Courses:

• 11i Project Management Fundamentals

View Schedule

NB: all prices exclude VAT