Oracle EBS R12 Purchasing Module Functional Training.

Understand the Fundamentals of Business Processes and ERP Systems

This course provides a comprehensive overview of business processes and Enterprise Resource Planning (ERP) systems, focusing on practical application within Oracle EBS. We'll explore how ERP streamlines operations and improves efficiency.

Course Highlights:

• Oracle ERP & Oracle E-Business Suite (EBS): Gain a foundational understanding of Oracle's leading ERP solutions and their capabilities.
• User & Purchasing Responsibility Setup: Learn how to create user accounts and establish purchasing responsibilities within Oracle EBS. This includes assigning responsibilities to users, configuring profile options, and defining crucial financial, receiving, and purchasing options specific to an operating unit. This is a one-time setup activity.
• Approval Workflows: Master the configuration of approval methods and hierarchies to ensure proper authorization throughout the procurement process.
• Procure-to-Pay (P2P) Cycle: Delve into the complete procure-to-pay cycle, from initial requisition to final payment. A detailed explanation is provided, including a practical RFQ (Request for Quotation) scenario.
• Requisition Management: Learn to create and approve requisitions, covering prerequisites for requisition item creation, organization assignment, price setup, and accounting period opening. Understand the difference between internal and purchase requisitions.
• Purchase Order (PO) Creation & Management: Discover various methods for creating purchase orders – including standard creation, copying documents, auto-create, and auto-generate. Explore different types of purchase orders: blanket purchase agreements, planned purchase orders, contract purchase agreements, and standard purchase orders. Learn how to approve purchase orders.
• Supplier Management: Master the process of creating suppliers, including mandatory details like site creation (address book), defining bank details, and enabling sites for purchasing and receiving.
• RFQ & Quotation Management: Understand the different types of RFQs (bid, standard, and catalog) and how to effectively utilize them.
• Inventory Receipts: Learn to create inventory receipts upon order fulfillment.
• Invoice Processing: Cover the entire invoice creation process, including validation, accounting, and payment. Also, learn about journal imports and posting procedures.
• Returns & Corrections: Understand the process for handling returns and making necessary corrections.
• Accounting Impact: Analyze the accounting impact of each step within the procure-to-pay cycle.
• Matching Options: Implement robust matching options – including 2-way, 3-way, and 4-way matching – to ensure accuracy and prevent errors.
• Approved Supplier List (ASL): Learn how to manage and utilize the approved supplier list.
• Receiving Process Modes: Understand different receiving process modes for efficient goods receipt.

This course equips you with the skills to effectively manage the entire procurement lifecycle within Oracle EBS, leading to improved efficiency, cost savings, and better control over your organization's spending.