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Learn ORACLE Project Accounting from best Institutes in Udaipur. Oracle R12 Project Accounting is a software suite of modules used for accounting process projects which involves various processes like Costing, billing, planning, budget creation and more. The Oracle Projects Suite allows a team to streamline their joint efforts to effectively control a projects life-cycle; the core modules which formulate the Oracle Projects Suite comprise of Project Costing and Project Billing.

Oracle project accounting has provided three pre defined project classes which are
Indirect projects – Track overhead activities and costs of the organization. Note that it does not generate revenue and invoicing process.
Capital projects – Track asset development activities and costs, and costs are capitalized as one or more assets.
Contract projects – Contract projects created with external customer to track cost, revenue, and billing.

Oracle Project Costing is the part of the Oracle Enterprise Project Management solution. Oracle Enterprise Project Management provides a set of applications that help companies deliver global projects by integrating and managing project information. It enables all persons at all levels of the enterprise to participate and collaborate on the projects at appropriate levels in a centralized environment. The notable features are versatile template-driven project definition, multiple currency financial plan and budget creation, diverse accrual and expenditure capture, robust expenditure control, collection, and adjustment functionality, integrated with other Oracle applications with powerful burdening functionality and reduced instances of rework based on better collaboration between team members and external project stakeholders

This course will be applicable for customers who have implemented Oracle E-Business Suite Release 12 or Oracle E-Business Suite 12.1 and the main objectives of the course involves setting up R12.1 Oracle Project Costing, identifying the features of Oracle Project Costing and describe how Oracle Project Costing integrates with the Oracle eBusiness Suite
Understand the impacts of key implementation decisions

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