SUBJECT AREAS IN ORACLE FUSION FINANCIALS

Oracle Fusion Financials is a comprehensive financial management application suite that covers various subject areas to help organizations manage their financial processes effectively. Some of the key subject areas within Oracle Fusion Financials include:

1. General Ledger (GL): This module handles core accounting functions, including ledger setup, journal entries, period close, and financial reporting.
2. Accounts Payable (AP): This module manages the payment of invoices, supplier management, invoice processing, payments, expense reports, and reconciliation.
3. Accounts Receivable (AR): AR manages customer invoices, receipts, credit collections, revenue recognition, and customer statements.
4. Cash Management: This area covers cash forecasting, bank statement reconciliation, and liquidity management to optimize cash flow.
5. Fixed Assets: The fixed assets module helps track and manage an organization’s tangible assets, including depreciation calculations, asset transfers, and retirements.
6. Expense Management: This module handles employee expenses, travel reimbursements, expense policies, and approvals.
7. Tax Management: Tax functionality includes tax calculation, reporting, compliance, and integration with external tax systems.
8. Treasury Management: Treasury functions involve cash positioning, cash management, risk management, and financial instruments.
9. Financial Reporting: This area provides tools for creating and delivering financial statements, management reports, and ad hoc analyses.
10. Financial Control and Compliance: Features related to internal controls, audit trails, and compliance with regulatory requirements.
11. Intercompany Transactions: Managing transactions between different legal entities within the organization.
12. Budgeting and Planning: Helps create and manage budgets, forecasts, and financial plans.
13. Asset Lifecycle Management: End-to-end management of an asset’s lifecycle, from acquisition to disposal.
14. Profitability and Cost Management: Analyzing and managing the costs and profitability of products, services, and projects.
15. Risk Management: Identifying and managing financial risks, including credit risk, market risk, and operational risk.
16. Real-Time Analytics and Dashboards: Providing real-time insights and visualizations for decision-making.
17. Integration with Other Modules: Fusion Financials integrates with other Oracle Fusion modules, such as procurement, supply chain, and human capital management, to ensure a seamless flow of financial information.