(24D) Oracle SCM Cloud: Cost Management Implementation

Overview of Oracle Receipt Accounting

• Learning Objectives
• Solution Footprint
• Receipt Accounting Key Capabilities
• Purchase Order Accrue at Receipt Option
• Receipt Accounting: Landscape
• High-Level Procure-to-Pay Flow
• Summary

Accrue at Period End

• Learning Objectives
• Accrue at Period End Flow
• Accrue at Period End User Task
• Accrue at Period End
• Uninvoiced Receipt Accrual Report
• Uninvoiced Receipt Accrual Report: Example
• Excluding Receipt Accounting for Noncosted Item Receipts Without Financial Orchestration
• Setting Up Exclusion of Noncosted Item Receipts Without Financial Orchestration: Create New Profile
• Setting Up Exclusion of Noncosted Item Receipts Without Financial Orchestration: Enable Profile
• Summary

Accrue at Receipt

• Learning Objectives
• Accrue at Receipt Flow in Receipt Accounting
• Accrue at Receipt Flow User Tasks
• Reviewing Receipt Accounting Distributions
• Accrual Remnants: Example
• Accounting for Credit-Only Returns to Supplier
• Accounting for Credit-Only Returns to Supplier with Project and Budget
• Controls
• Accounting for Credit-Only Returns to Supplier with Project and Budget Controls: Tips and Considerations
• Accrual Clearing: Automatic
• Accrual Clearing Rules
• Accrual Clearing: Manual Action
• Accrual Clearing Report
• Accrual Clearing Report: Example
• Accrual Reconciliation Report
• Backdated Receipt Flow
• Backdated Receipt Flow Accrual Cutoff Rules
• Receipt Accounting Processes (Mandatory)
• Receipt Accounting Processes
• Summary

Receipt Accounting Reporting

• Learning Objectives
• Receipt Accounting Reports
• Oracle Transactional Business Intelligence Reports
• Summary

Subledger Accounting for Receipt Accounting

• Learning Objectives
• Event Class and Event Type
• Subledger Accounting: Key Entities
• Receipt Accounting SLA Setup
• Account Combination Rule
• Journal Line Rule
• Journal Entry Rule Set
• Subledger Accounting Method
• Example: Purchase Order Accrual Account as Source
• Summary

Overview of Cost Accounting Fundamentals

• Learning Objectives
• Cost Accounting Solution Footprint
• Cost Accounting Key Capabilities
• Cost Accounting: Overview
• Supported Cost Methods
• Actual Cost (FIFO)
• Periodic Average Cost
• Periodic Average Cost: Cost-Owned Transactions
• Periodic Average Cost: Cost-Derived Transactions
• Perpetual Average Cost
• Standard Cost
• Summary

Cost Accounting Setup

• Learning Objectives
• Key Setup Entities
• Relationship Among Key Setup Entities
• Prerequisites
• Organization Hierarchy
• Cost Accounting Implementation Setup Options
• Cost Organization and Cost Element
• Understanding Cost Organizations
• Setting Up a New Cost Organization
• Understanding Cost Elements and Cost Components
• Cost Element Types
• Cost Element Mapping: Example
• Managing Cost Elements
• Managing Cost Component Mappings
• Using Quick Setup to Configure Cost Accounting
• Configuring Cost Management Using Quick Setup
• Setup Data Created By Using Quick Setup
• Setup Considerations
• Using Manual Setup to Configure Cost Accounting
• Manual Setup
• Understanding Cost Books Multiple Representations of Product Cost
• Managing Cost Books
• Understanding Cost Organization Relationships
• Creating Cost Organization Relationships
• Understanding Cost Profiles
• Setting Up Cost Profiles: Overview
• Setting Up a Cost Profile
• Assigning a Default Cost Profile
• Assigning an Item Cost Profile
• Cost Profiles
• Cost Profile Attributes
• Managing Cost Methods
• Item Cost Profile: Example
• Understanding Valuation Structure
• Managing Valuation Structures
• Valuation Structure: Setup Considerations
• Understanding Valuation Units
• Valuation Unit: Automatic or Manual?
• Managing Overhead Expense Pools
• Managing Accounting Overhead Rules
• Scheduled Processes
• Using Subledger Application (SLA) for Cost Accounting
• Create Accounting
• Review Journal Entries
• Decision Points: Cost Accounting
• Summary

Cost Accounting – Manage Daily Tasks

• Learning Objectives
• Managing Cost Errors and Exceptions
• Reviewing Cost Accounting Processes and Errors
• Reviewing Item Costs
• Reviewing Cost Accounting Distributions
• Deriving Account Combinations for Costing Distributions in Periodic Average
• Costing
• Setting Up Mapping to Derive Account Combinations
• Creating Cost Accounting Distributions
• Setting Up Cost Accounting Distributions for Parallel Processing
• Cost Adjustments
• Summary

Manage Cost Accounting Period End

• Learning Objectives
• Cost Accounting Periods
• Period End Validations
• Validating and Updating Cost Accounting Periods
• Running the Validate and Update Cost Accounting Periods Scheduled Process
• Checking for Period End Validation Errors
• Managing Inventory Transactions
• Managing Backdated Inventory Transactions
• Summary

Cost Accounting Reporting

• Learning Objectives
• Cost Accounting Reports
• Inventory Valuation Reports
• High-Volume Inventory Valuation Reports
• Analyze Product Gross Margin Report
• Oracle Transactional Business Intelligence (OTBI) Reporting
• Summary

Overview of Manufacturing Costing

• Learning Objectives
• Standard Cost Planning
• Manufacturing Costing
• Cost Planning: Overview
• Cost Accounting for Manufacturing
• Summary

Manufacturing Costing Setup

• Learning Objectives
• Costing Attributes in Manufacturing
• Cost Profiles
• Summary

Defining Standard Costs

• Learning Objectives
• Manufacturing Costing Integration
• Cost Planning for Manufacturing: Implementation Decision Points
• Calculating Operation Yield for Process Manufacturing
• Calculating Operation Variance for Process Manufacturing
• Setup to Account for Operation Variances in Process Manufacturing
• Work Orders
• Standard Costing: Setup Overview
• Cost Scenario
• Setting Up a Cost Scenario: Cost Planning Menu
• Setting Up a Cost Scenario: Getting Started
• Setting Up a Cost Scenario: Work Definition
• Setting Up a Cost Scenario: Cost Rollup
• Specifying Input Items for Standard Cost Method
• Managing Standard Costs
• Managing Resource Rates
• Managing Overhead Rates
• Understanding Plant Overhead Absorption Types
• Editing Overhead Rates
• Understanding Rolled Up Costs
• Using Rolled Up Costs
• Cost Rollup: Examples
• Comparing Standard Costs
• Comparing Standard Costs – Results
• Updating Standard Costs
• Summary

Work Order Costing

• Learning Objectives
• Steps for Costing Work Orders
• Work Order Charging
• Quick Complete Work Order
• Verifying Transactions in Production
• Transfer Transactions to Costing
• Running the Create Cost Accounting Distributions Process
• Review Work Order Costs
• Review Cost Accounting Distributions
• Reviewing Variances
• Summary

Manufacturing Costing Reporting

• Learning Objectives
• Work Order Costs
• Reviewing Work Order Costs: Summary
• Reviewing Work Order Costs: Details
• Review Work Order Costs: Variances
• Work in Process Inventory Value Report
• Summary

Overview of Landed Cost Management

• Learning Objectives
• Landed Cost Management: Purpose
• Landed Cost Management: Key Capabilities
• Landed Cost Management: Landscape
• Landed Cost Management: Flow
• Summary

Setup of Landed Cost Management

• Learning Objectives
• Landed Cost Management Setup – Overview
• Defining Charge Names
• Defining Reference Types
• Managing Routes
• Mapping Landed Cost Charge Names to Cost Elements
• Summary

Manage Estimated Landed Cost Charges

• Learning Objectives
• Landed Cost – What Is a Trade Operation?
• Creating a Trade Operation from a Template
• Trade Operation Templates
• Managing Trade Operations
• Trade Operation – Landed Cost Charges
• Trade Operation – Landed Cost Charge Basis
• Landed Cost Allocation Basis
• Tax on Landed Cost Charges
• Landed Cost Charges and PO Schedule Association
• Associating Estimated Landed Cost Charges with Material Receipts
• Landed Cost Charge Allocation
• Accrued Landed Cost Charges
• Summary

Manage Actual Landed Cost Charges

• Learning Objectives
• Managing Actual Landed Cost Charges
• Landed Cost Invoices
• Landed Cost – Transfer Invoice Data from Accounts Payable to Costing
• Landed Cost Invoices
• Manage Charge Invoice Associations
• Summary

Landed Cost Reporting

• Learning Objectives
• View Item Landed Cost
• Landed Cost Reporting
• Analyze Landed Cost Charges
• Landed Cost Management: Summary
• Summary

Overview of Costing of Fulfillment Business Flows

• Learning Objectives
• What Does Cost Management Include?
• Costing Fulfillment Business Flows
• Summary

Contract Manufacturing

• Learning Objectives
• Contract Manufacturing: Overview
• Solution Overview: Capabilities
• Contract Manufacturing: Process Flow
• Contract Manufacturing: Business Flow
• Contract Manufacturing: Process Flow
• Costing Setup for Contract Manufacturing
• Cost Planning: Contract Manufacturing
• Cost Accounting of Manufacturing Work Orders
• Cost of Contract Manufactured Items
• Summary

Configure to Order

• Learning Objectives
• Configure to Order
• Configure-to-Order Process Flow
• Costing of Configure-to-Order Items
• Costing of Configure-to-Order Items: Setup
• On-Demand Cost Rollup of CTO Items
• On-Demand Cost Rollup of CTO Items – Scenarios
• Summary

Consigned Inventory

• Learning Objectives
• Consigned Inventory Process Flow
• Consigned Inventory: Overview
• Costing Setup for Consigned Inventory
• Costing Setup for Consigned Inventory Cost Profile
• Cost Accounting: Overview
• Costing of Consigned Receipts
• Costing of Consigned Consumptions
• Summary

Back-to-Back Orders

• Learning Objectives
• Back-to-Back Supply Creation and Fulfillment: Overview
• Back-to-Back Fulfillment: Procure from Supplier
• Costing Setup for Back-to-Back Orders
• Cost Accounting: Overview
• Costing of Back-to-Back Receipts and Issues
• Summary

Drop Shipments

• Learning Objectives
• Drop Ship Orders: Overview
• Solution Components
• Solution Components and Process Flow
• Costing Setup for Drop Shipments
• Cost Accounting: Overview
• Costing of Drop Shipments
• Costing of Drop Shipments: Accounting Template
• Costing of Drop Shipment Corrections
• Drop Ship Corrections – Best Practices
• Summary

Internal Material Transfers

• Learning Objectives
• Internal Material Transfers
• Internal Material Transfers Process Flow
• Costing Setup for Internal Material Transfers
• Cost Accounting of Internal Material Transfer Flows
• Internal Profit Tracking in Internal Transfers
• Returns from Transfer Orders
• Summary

Revenue and COGS Matching

• Learning Objectives
• Gross Margin Calculation
• Gross Margin with Revenue Recognition Rules
• Solution Components
• Transfer Transactions from Inventory to Costing
• Import Revenue Lines
• Create Cost Accounting Distributions
• Analyze Product Gross Margins
• COGS Revenue Matching Report
• Gross Margin Report
• Summary

Overview of Supply Chain Financial Orchestration

• Learning Objectives
• Business Need
• Buy/Sell Example
• Supply Chain Financial Orchestration
• Supported Flows
• Supply Chain Financial Orchestration Capabilities
• Functional Architecture
• Supply Chain Financial Orchestration Features
• Model Financial Flows
• Automation: What It Does
• Monitoring Supply Chain Financial Orchestration Events
• Summary

Setting Up Supply Chain Financial Orchestration

• Learning Objectives
• Example: Internal Transfers from China to US, Financially Routed Through Singapore
• Financial Route
• Enterprise Structure Definition
• Setup Prerequisites
• Business Unit as a Profit Center Setup
• Intercompany Customer and Supplier Association
• Transfer Pricing Rules Setup – Optional
• Transfer Pricing Rules Setup
• Transfer Pricing Rules – Integration with Pricing
• Documentation and Accounting Rules Setup
• Profit Center BU to Party Relationships Setup
• Enterprise Structure and Party Relationships
• Financial Orchestration Qualifiers Setup – Optional
• Financial Orchestration Qualifiers Setup
• Seeded Qualifier Attributes
• Financial Orchestration System Options Setup
• Financial Orchestration Flows Setup
• Supply Chain Financial Orchestration Flow Setup Components
• Drop Ship Financial Flow Setup Components
• Drop Ship Financial Flow Setup
• Summary

Processing Supply Chain Financial Orchestration Flows

• Learning Objectives
• Financial Orchestration: Process Flow
• Financial Orchestration Processing
• Financial Orchestration Processing: Receive Events
• Supply Chain Events
• Identifying the Financial Flow
• Financial Orchestration Tasks
• Financial Orchestration Tasks: Forward Flow
• Financial Orchestration Tasks: Return Flow
• Summary

Monitoring Financial Orchestration Flows

• Learning Objectives
• Monitoring Financial Orchestration Flows
• Summary

Costing of Financial Orchestration Flows

• Learning Objectives
• Costing of Financial Orchestration Flows
• Internal Transfers Across Business Units: Example
• Costing Accounting of Internal Transfers
• Internal Profit in Inventory
• Summary

Reporting of Financial Orchestration Transactions

• Learning Objectives
• Cost Distributions
• In-Transit Inventory Balances
• Summary

Overview of Project-Driven Supply Chain

• Introducing Project-Driven Supply Chain
• Project-Driven Supply Chain
• Features of Project-Driven Supply Chain
• Summary of Actions Needed to Use Execute Project-Specific Manufacturing
• Associated Training
• Additional Resources

Summary

• Learning Objectives
• Course Review