Oracle Cloud - Financial Consolidation and Close Services

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  • Duration : 8 - 96 hours
  • Levels : Beginner, Intermediate and Advanced
  • Lectures : 2 - 24
  • Categories: Oracle Cloud
  • Tags: FCCS, FinanceManagement, CloseServices
Price:$250 - $2500
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Dive into the intricacies of Oracle Cloud's Financial Consolidation and Close Services (FCCS) with our specialized course at Intell Edge Technologies. Designed for finance professionals, accountants, and IT specialists, this program provides a comprehensive exploration of Oracle Cloud's FCCS module. Participants will explore key features such as financial consolidation, close management, and reporting, learning to streamline the consolidation and close processes for improved efficiency and accuracy. Through hands-on exercises and practical scenarios, attendees will gain proficiency in configuring and optimizing Oracle Cloud's FCCS to meet the specific financial consolidation needs of their organizations. Join us to harness the capabilities of Oracle Cloud's FCCS and elevate your skills in managing financial consolidation, close processes, and reporting in the dynamic landscape of cloud-based financial solutions.

  • Consolidation Automation
  • Financial Reporting
  • Close Process Efficiency
  • Data Validation
  • Audit Trail
  • Compliance Assurance

Overview

This curriculum provides a comprehensive understanding of Oracle FCCS, covering setup and configuration, data consolidation and validation, financial close management, reporting and analysis, and advanced topics in administration. Depending on the audience's prior knowledge and depth of coverage required, additional topics or hands-on exercises can be added to enhance the learning experience. Practical projects and case studies are crucial for reinforcing skills in an Oracle FCCS training course.

Module 1: Introduction to FCCS

  • Overview of Financial Consolidation and Close Processes
  • Introduction to Oracle FCCS
  • Key Features and Benefits of FCCS
  • FCCS Cloud-Based Architecture
  • FCCS Deployment Options
  • FCCS Use Cases and Industries

Module 2: FCCS Setup and Configuration

  • FCCS Instance Creation and Configuration
  • Dimension Management and Hierarchies in FCCS
  • Security and Access Controls in FCCS
  • Loading Data into FCCS
  • FCCS Data Maps and Integration Options
  • FCCS Smart View and Excel Interface

Module 3: Data Consolidation and Validation in FCCS

  • Overview of Data Consolidation in FCCS
  • Intercompany Eliminations and Adjustments
  • Data Validation and Quality Checks
  • Currency Translation and Rate Management
  • FCCS Consolidation Rules and Calculations
  • FCCS Consolidation Reports and Dashboards

Module 4: Financial Close Management in FCCS

  • Financial Close Processes and Best Practices
  • Close Task Management in FCCS
  • Journal Entry Review and Approval
  • Workflow and Collaboration in FCCS
  • Close Calendar and Period Management
  • Audit and Compliance in FCCS

Module 5: Financial Reporting and Analysis in FCCS

  • FCCS Financial Reporting and Dashboards
  • Customizing FCCS Financial Statements
  • FCCS Ad Hoc Analysis and Reporting
  • FCCS Smart View Integration
  • FCCS Integration with Oracle Analytics Cloud (OAC)
  • Continuous Monitoring and Analysis

Module 6: Advanced FCCS Topics and Administration

  • Advanced Modeling Techniques in FCCS
  • FCCS Workflow and Process Automation
  • FCCS Data Governance and Qualityy
  • FCCS Performance Optimization
  • FCCS Backup and Recovery Strategies
  • FCCS Administration and Maintenance