MODULES IN ORACLE FUSION FINANCIALS
Here are some of the standard modules that were available in Oracle Fusion Financials:
- General Ledger: This module is the central repository for financial information and supports creating and managing accounting entries, financial reporting, and analysis.
- Accounts Payable: This module manages vendor invoices, payments, and processes such as purchase order matching and approval workflows.
- Accounts Receivable: This module focuses on managing customer invoices, receipts, and collections, helping organizations efficiently manage their cash inflows.
- Cash Management: This module deals with cash forecasting, bank reconciliation, and liquidity management to ensure adequate cash utilization.
- Fixed Assets: The fixed assets module tracks and manages the organization’s physical assets, including their depreciation, disposal, and maintenance.
- Expense Management: This module streamlines expense reporting and reimbursement processes, helping employees submit and track their expenses while adhering to company policies.
- Financial Reporting: This module provides tools for creating various financial reports, including balance sheets, income statements, and other customized financial statements.
- Tax Management: Tax modules assist with calculating, reporting, and managing taxes according to local regulations and international standards.
- Treasury Management: This module supports cash and liquidity management, risk management, and investment strategies to optimize an organization’s financial position.
- Risk Management: This module helps organizations identify, assess, and mitigate financial and operational risks.
- Procurement: While not strictly a financial module, the procurement module is closely related to financials and involves managing the procurement process, including requisitions, purchase orders, and supplier management.
- Invoicing and Billing: This module focuses on generating and managing invoices, billing customers for products or services, and ensuring accurate revenue
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