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R12.x Oracle Cost Management Fundamentals (D59877)


Course Overview

This course will be applicable for customers who have implemented Oracle E-Business Suite Release 12 or Oracle E-Business Suite 12.1.

In this course, students learn how to set up and use Oracle Cost Management in conjunction with Oracle Inventory, Oracle Bills Of Material, and Oracle Work In Process (WIP). Students also learn how to use Oracle Cost Management as a tool for inventory control, valuation, profit analysis, and reporting. Topics also include Subledger Accounting (SLA).

Learn To:
  • Simulate, analyze, and forecast product costs
  • Easily update and manage item unit costs
  • Define the inventory structure and cost controls that are important to your business
  • View item costs, inventory and work in process values, accounting entries, and gross margins
  • Automatically transfer inventory and work in process transactions to your general ledger
  • Value inventory and work in process on a perpetual basis

Who should attend

  • End Users


Required Prerequisites:
  • R12 Oracle Inventory Management Fundamentals
  • R12 Oracle Purchasing Fundamentals
  • R12 Oracle Bills of Material and Engineering Fundamentals
  • Basic accounting concepts
Suggested Prerequisites:
  • R12 Oracle Advanced Supply Chain Planning Fundamentals

Course Objectives

  • Describe costing methods
  • Analyze transactions for WIP and Inventory costing at (standard and average)
  • Establish cost controls
  • Maintain standard costs on a periodic basis

Course Content

  • Overview of Oracle Cost Management
  • Overview of Setup and Implementation of Oracle Cost Management
  • Setting Up in Oracle Cost Management
  • Describing Cost Controls
  • Item Costing
  • Defining Resource and Overhead Costs
  • Standard Costing
  • Average Costing
  • Analyzing WIP Transactions
  • Period Close for Inventory Organizations
  • Periodic Costing
  • FIFO and LIFO Costing
  • Revenue and COGS Matching
  • Subledger Accounting
  • Describing T-Accounts for Inventory Transactions for Standard Costing
  • Describing T-Accounts for WIP Transactions for Standard Costing
Online Training

Duration 3 days

Price (excl. tax)
  • Germany: 2,271.- €
  • Switzerland: CHF 2,796.-
Digital courseware

Courseware language: English


Currently there are no training dates scheduled for this course.  Enquire a date