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| Duration |
2 Days |
| Course Price |
£1,160 |
What you will learn:
In this course, students will learn about the implementation of R12 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. It also explains some impacts of implementation decisions. 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 in Oracle Subledger Accounting, 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.
Learn To:
- Create an agreement and fund a project
- Accrue revenue
- Create a contract project
- Generate invoices
Audience:
- Functional Implementer
- Sales Consultants
- Project Manager
Prerequisites:
Required Prerequisites:
Suggested Prerequisites:
- Basic knowledge of project billing
- Basic knowledge of project accounting
Course Objectives:
- Set up R12 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
Course Topics:
Overview of Oracle Project Billing
Defining a Contract Project
- Explain activities involved with creating a contract project
- Define a contract project type
- Define a project template
- Define a contract project
- Overview of customers and contacts
- Currency in Project Billing
- Bill Rate Schedules and Bill rate overrides
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
Generating Revenue
- Explain fundamental revenue concepts
- Generate revenue, release it and interface it to Oracle Subledger Accounting
- 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
- Define the setups needed to implement interproject billing
Summary of R12 Project Billing Fundamentals
- Summary
- Projects Learning Path
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