Pre-requisites

• Participants must have prior experience of implementing any Supply Chain Applications with accounting & costing knowledge. (Oracle or non-Oracle)

Oracle Cost Management Cloud is a full absorption, perpetual, and periodic cost system for purchasing, inventory, work in process, and order management transactions. Cost Management supports multiple cost elements, costed transactions, comprehensive valuation and variance reporting, and thorough integration with Oracle Financials.

Cost Management automatically costs and values all inventory, work in process, and purchasing transactions. This means that inventory and work in process costs are up-to-date, and inventory value matches the cumulative total of accounting transactions.

Course Offering

This 4-day Oracle Cost Management Cloud workshop will enable you to implement common end to end business process flows with real world business examples supported by live application demonstration. Each of these sessions will be explained with various business scenarios /use cases, best practices, tips & tricks and hands on labs on latest available release. The flows and use cases covered include:

• Receipt and Cost Accounting
  • Procure-to-Pay: Accounting
  • Receipt Accounting
  • Accrual on Receipt and Period End
  • Cost Accounting Configurations
  • Cost Organization and Cost Book
  • Valuation Structure
  • Accrual Reconciliation
  • Accounting Configuration
  • Period Close and Reporting
• Manufacturing Costing
  • Standard Cost Definition
  • Discreet Manufacturing Costing
  • Process Manufacturing Costing
• Landed Cost Management
  • Landed Cost Accounting
  • Landed Cost Configuration
  • Analytics
• Fulfilment Costing
  • Back to Back Order Costing
  • Revenue to COGS Matching
  • Consigned Inventory Costing
  • Contract Manufacturing Costing
  • Configure to Order Costing
• Global Supply Chain Operations: Costing
  • SCFO Business Requirement
  • Internal Transfer
  • Global Procurement
  • Internal Drop Ship
  • Supplier Drop Ship
  • Non Shippable Orders
  • SCFO Configuration

Following products / features / topics are covered as part of the above flows:

• Receipt Accounting
• Cost Accounting Configuration
• Cost Accounting for Manufacturing
• Cost Accounting for Fulfilment Flows
• Landed Cost Management
• Supply Chain Financial Orchestration

Workshop Format

• Approximately 4 hours per day of live use-case discussions, presentations & demos followed by off-line hands-on labs.
• Participants will be provided with environment & supporting content presentation material with lab guides.
• Live Q&A chat with the presenters during the presentations and off-line forum support through Oracle Partner Communities.
• Participants have the opportunity to bring and discuss specific use case scenarios with product experts.

Expected Outcome

• Attendees will learn how to implement Oracle Cost Management Cloud.

Instructors

These hands-on Implantation workshops are being delivered by experienced consultants from Oracle Product Development: