1z0-517 Oracle EBS R12.1 Payables Essentials

E-BUSINESS ESSENTIALS

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

Shared Entities and Integration

• Explain shared entities within R12 E-Business Suite

• Describe key integration points and business flows between products in E-Business Suite (EBS)

• Identify Key Business Flows and products involved in E-Business Suite (EBS)

Fundamentals of Multi-Org

• Define 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

• Explain Enhanced Multiple-Organization Reporting

• Explain the concepts of subledger accounting

PAYABLES

Procure to Pay Overview

• Describe the procure-to-pay process flow

• Describe 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

Withholding Tax

• Identify the withholding tax process

• Use withholding tax options

• Process manual withholding tax invoices

• Create withholding tax on Standard Invoices, Recurring Invoices and Application of Prepayment

• Process automatic withholding tax invoices

Payables Overview

• Describe the Payables process flow

• Describe the key areas in the Payables process

• Identify Payables integration points

• Identify open interfaces to import data into Payables

• Set up and use Multiple Organization Access Controls (MOAC)

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

• Describe additional implementation considerations related to payments

• Describe Payment Manager

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

Introduction to Oracle Applications R12

• Explain the footprint of R12 E-Business Suite

• Describe the benefits of R12 E-Business Suite

• Describe R12 E-Business Suite architecture

Fundamentals of Flexfields

• Describe Flexfields and their components

• Identify the steps to implement a Flexfield

• Define value sets and values

• Define Key Flexfields

• Define Descriptive Flexfields

Fundamentals of Workflow and Alerts

• Explain Workflow concepts

• Describe the benefits of Workflow

Transaction Taxes in Payables

• Compute transaction taxes for invoices

• Insert manual tax lines and update transaction tax lines

• View tax summary and details

• Identify key reports related to transaction taxes

• Describe setup options in EB Tax & Payables

• Describe transaction taxes in Payables

• Describe treatment of different types of taxes (offset tax, recoverable tax, tax on prepayment, and others)

Advances and Progressive Contract Financing

• Describe the purpose of complex service contracts

• Identify advances, contract financing and progress payment invoices

• Calculate retainage

• Recoup prepaided amounts for complex service contract

• Calculate tax

Suppliers

• Define suppliers and supplier sites

• Identify key reports related to suppliers and supplier sites

• Describe setup options – Purchasing

• Describe additional implementation considerations related to suppliers

• Describe setup options – Receiving

• Describe setup options – Others

Invoices

• Import/Enter invoices and invoice distributions

• Match to purchase orders

• Validate invoices

• Apply and release holds

• Describe invoice approval workflow

• Describe key reports

• Describe setup options

• Describe additional implementation considerations related to invoices

Period Close

• Describe activities to be performed during the Period Close process in Payables and Purchasing

• Reconcile accounts payable transactions for the period

• Identify 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