Financial Management
Benefits of financial management
Financial management
Features and functionality.

Configure Currencies
Introduction
Setup legal entity currencies and conversions
Configure and import currency exchange rates

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.

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
Configure main accounts, categories, templates
Configure ledger account alias, and balance control.
Configure account structures and advanced rules.

Configure Ledger and Journals
Journals and their setup
Configure ledger and journal setup
User journals
Different types of journals and their setup.
Configure ledger and posting setup.
Configure and use journals.

Configure Cash and Bank Management
Introduction
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.

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.

Configure Letters of Credit and Guarantees
Introduction
Configure letters of credit
Configure letters of guarantee

Perform Daily Procedures
Learn about general ledger processes
Create voucher templates
Setup journal controls
Process daily activities in general ledger
Use journal control to apply rules during data entry.
Balance control accounts
View the balances of either banks or liquidity accounts.
Benefit from voucher templates

Intercompany Accounting
Setup and use intercompany accounting

Configure Ledger Allocations and Accruals
Introduction
Configure and apply accrual schemes
Configure ledger allocation rules

Configure Sales Tax
Understand tax engine components
Country and regional tax reporting
Configure tax components
Configure sales tax authorities
Configure settlement periods
Configure sales tax codes.

Configure Accounts Payable
Understand Task recorder functionality
Configure accounts payable parameters
Create and maintain vendors
Configure accounts payable charges
Configure and use positive pay
Configure accounts payable components.
Create and maintain a vendor.
Configure vendor payments.
Set up vendor posting profiles.
Configure accounts payable charges.

Perform Accounts Payable Daily Procedures
Introduction
Process orders, invoices, and payments
Manage and apply prepayments
Review and approve the invoices
Invoice approval journal
Vendor invoice page.
Invoice matching
Vendor invoice policies
Automate the review process

Use Accounting Distribution and Invoice Validations
Introduction
Settle transaction and undo settlements
Distribute funds
Configure invoice validation policies
Settle transactions and undo settlements.
Distribute funds by using accounting distributions.
Configure invoice validation policies.

Configure Accounts Receivable
Configure accounts receivable
Create and maintain customers
Setup customer posting profiles
Configure accounts receivable charges
Configure Accounts receivable components
Create and maintain a customer
Configure customer payments.
Set up customer posting profiles
Configure accounts receivable charges

Perform Accounts Receivable Daily Procedures
Create free text invoices and record customer payments
Settle transactions and undo settlement
Distribute funds by using Accounting distributions
Create free text invoices, and record customer payments
Configure Recurring invoices
Use reversals in Accounts receivable
Process orders, record invoices, and process payments

Configure Credit and Collections
Introduction
Configure credit and collections components
Setup and manage interest
Waive, reinstate or reverse
Setup and manage collection letters
Configure credit and collections components.
Configure aging reports, customer pools, collection agents, and aging period definitions.
Set up and manage interests.
Set up and manage collection letters.

Process Credit and Collections
Introduction
Understand how to process collections
Manage customer credit and collections
Customer Statements
How to process collection

Configure and use budgeting, fixed assets, and additional functionality in Finance and Operations
Introduction
Manage post-dated checks
Process post-dated checks
Set up post-dated checks
Register and post a post-dated check for a customer
Settle a post-dated check from a customer
Register and post a post-dated check for a vendor
Settle a post-dated check for a vendor

Configure and Use Basic Budgeting and Budget Control Processes
Introduction
Configure basic budgeting components
Configure budget control components
Create and test budget registry entries
Use inquiries and reports
Configure basic budgeting components
Configure budget control components
Use inquires and reports
Create and use budget registry entries

Configure and Use Budget Planning Processes
Introduction
Configure budget planning components
Configure Budget planning components
Create a budget plan template
Configure budgeting processes
Create a budget plan by using the budget plan wizard

Configure Fixed Assets Management
Introduction
Configure fixed asset components
Enable fixed asset integration
Create fixed assets
Configure fixed assets components
Configure fixed asset parameters
Enable fixed asset integration with purchasing
Create fixed assets

Manage Fixed Assets
Introduction
Perform fixed assets tasks
Perform fixed asset acquisition
Perform fixed asset depreciation
Perform fixed asset disposal

Configure and Use Cost Accounting
Introduction
Cost control workspace
Cost control workspace
Create a cost accounting report
Cost accounting Get started wizard

Configure and Use Periodic Processes
Introduction
Bank reconciliations
Configure financial period close
Prepare periodic filings
Run foreign currency revaluation processes
Perform financial consolidations
Process end of year close
Configure financial period close
Reconcile banks
Perform periodic closing, and year closing processes
Prepare periodic filings
Configure and test Vendor 1099s process
Run foreign currency revaluation processes
Perform financial consolidation and elimination processes
Use Financial reports to create financial statements
Process end of year tax reporting

Configure the Electronic Reporting Framework
Introduction
Configure electronic reporting
Formula designer in electronic reporting
Configure Electronic Reporting (ER)
Create Electronic reporting (ER) configurations
Perform periodic closing, and year closing processes
Formula designer in Electronic reporting (ER)

Configure Localized Features
Introduction
Localization and regulatory features
Classification of Mexican localization features
Understand the global tax engine
Understand the features of fiscal establishments and documents for Brazilian localization
Bill of Exchange
Electronic Invoices
Localization and regulatory features
Classification of localization features
Apply country and region context
Configure and demonstrate the features of Fiscal Establishments
Fiscal Documents for a Brazilian localization
Test Bill of Exchange process
Configure and use Promissory notes
Configure and test Electronic invoices (CFDI) for a Mexican localization

Configure Financial Management for Public Sector
Introduction
Setup funds for the public sector
Setup derived financial hierarchies
Configure billing codes for free text invoices
Set up funds for the public sector
Understand bank reconciliation methods
Set up derived dimensions
Set up derived financial hierarchies for the public sector
Advanced ledger entries functionality for Public sector
Configure billing codes for free text invoices