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Oracle Project Accounting Training

(543 Ratings)
Rated 4.9 out of 5

Oracle Project Accounting Training offers thorough instruction on how to efficiently manage and regulate project-related financials using Oracle’s Project Accounting module. It helps professionals to maximize project financial management and guarantee correct accounting by covering subjects including project costing, billing, revenue recognition, and financial reporting inside the Oracle E-Business Suite.

Oracle Project Accounting Training is suitable for the following target audiences:

Project managers: Perfect for those in charge of overseeing budgets, tracking expenses, and guaranteeing financial accuracy through the use of Oracle tools and a solid understanding of project accounting concepts.

Financial Analysts: This tool is appropriate for financial analysts that operate in project-based settings and wish to use Oracle Project Accounting to assess the financial performance of their projects and provide informative reports.

Accountants: This program is intended for accountants who oversee project-related activities, billing procedures, and cost allocations. They must be adept at using Oracle’s accounting features.

ERP Consultants: Ideal for ERP consultants that support and implement Oracle solutions and need to be knowledgeable about the Project Accounting module in order to provide clients with better advice and assistance.

IT Professionals in Finance: Designed for IT professionals who work with their organizations’ setup, upkeep, and integration of Oracle Project Accounting systems.

Project Accountant: Uses Oracle Project Accounting features to oversee project financials, including billing, revenue recognition, and cost tracking.

Financial Analyst: Project Accounting: Examines and documents the financial performance of projects, offering insights to help with project management and decision-making.

ERP Consultant: Focuses on putting Oracle Project Accounting solutions into place and making sure they are optimized for businesses while adhering to reporting and financial standards.

Project Controller: Uses Oracle Project Accounting for precise financial management while supervising project budgets, financial projections, and cost-control strategies.

Specialist in Oracle Project Accounting: Offers proficiency in Oracle Project Accounting features, assisting companies with module configuration, troubleshooting, and optimization.

These positions provide chances in a range of sectors, such as engineering, IT, construction, and consulting, along with attractive pay and chances for career progression in the US and Canada.

  • Overview of Oracle Project Accounting
  • Key concepts: projects, tasks, and expenditure types
  • Integration with Oracle Projects, General Ledger, and Payables
  • Project life cycle and financial flows
  • Navigation of Oracle PA module
  • Hands On: Exploring PA screens and project hierarchies
  • Defining project templates and project structures
  • Setting up project costing and billing rules
  • Task and expenditure type setup
  • Defining control options and calendars
  • Hands On: Project creation and configuration
  • Overview of project costing methods
  • Resource assignment and expense management
  • Costing rules for labor, material and overhead
  • Cost accrual and adjustments
  • Hands On: Entering and validating project costs
  • Billing methods: Time & Material, Fixed Price, and Milestone Billing
  • Revenue recognition concepts
  • Setting up billing rules and templates
  • Invoice generation and adjustments
  • Practice Work: Project billing simulation
  • Budget creation and management
  • Budgetary controls and alerts
  • Forecasting costs and revenues
  • Integration with financial reporting
  • Hands On: Budgeting and forecasting exercises
  • Standard Oracle PA reports
  • Custom report creation using BI tools
  • Earned value analysis and project performance metrics
  • Drill-down and inquiry capabilities
  • Hands On: Generating financial and performance reports
  • Integration with GL, AR, AP and HRMS
  • Handling adjustments and corrections
  • Common project accounting issues and resolutions
  • Data validation and reconciliation
  • Practice Work: Troubleshooting real-world project accounting scenarios
  • End-to-end project setup, costing and billing
  • Managing multi-phase projects
  • Project closure and reporting
  • Capstone project: Full cycle project accounting simulation
  • Interview preparation and course review

Project accountants, finance analysts, accountants, and professionals working with Oracle Projects.

 Basic understanding of Oracle E-Business Suite is helpful but not mandatory.

Yes. Each week includes practical labs and real-life simulations.

The course is aligned with commonly used Oracle EBS versions.

 Yes. Labor, material and overhead costing methods are explained with examples.

 Absolutely. Billing methods and revenue recognition concepts are part of the curriculum.

 Yes. Standard reports, earned value analysis and custom reporting are included.

Yes. Budget creation, management and forecasting techniques are covered.

Yes. Real-world scenarios and practical exercises prepare learners for both.

  •  Yes. A course completion certificate is provided after successful completion.

We currently offer online sessions with flexible weekday/weekend batches for 8 weeks.  All sessions are recorded. You’ll have access to the recordings, along with support from instructors and peers in our learning portal.

You can register via our website https://checkmateittech.com/, or reach out to our support teams via phone, email, or WhatsApp.

We’ll help you with batch schedules and payment options.

Email: info@checkmateittech.com              Call :Us +1-347-40820

                                                                                                                                                                                                                                                                                                                                                                        

Job opportunities in USA and Canada

Project Accountant: Uses Oracle Project Accounting features to oversee project financials, including billing, revenue recognition, and cost tracking.

Financial Analyst: Project Accounting: Examines and documents the financial performance of projects, offering insights to help with project management and decision-making.

ERP Consultant: Focuses on putting Oracle Project Accounting solutions into place and making sure they are optimized for businesses while adhering to reporting and financial standards.

Project Controller: Uses Oracle Project Accounting for precise financial management while supervising project budgets, financial projections, and cost-control strategies.

Specialist in Oracle Project Accounting: Offers proficiency in Oracle Project Accounting features, assisting companies with module configuration, troubleshooting, and optimization.

These positions provide chances in a range of sectors, such as engineering, IT, construction, and consulting, along with attractive pay and chances for career progression in the US and Canada.

.NET Training showcasing programming skills and hands-on coding practice.

Student Reviews

“The course was very practical. I now feel confident managing project costs, billing and reporting in Oracle PA.”

Lilly Wirl

“The hands-on labs helped me understand integration points with GL and AP. The budgeting and forecasting exercises were very useful.”

Aditi Sharma