Implement financial management (40–45%)
Design and configure the chart of accounts
Design and configure financial dimensions
Design and configure the chart of accounts and main accounts
Configure main accounts categories, ledger account aliases, and balance control accounts
Configure legal entity overrides for financial dimensions and main accounts
Configure and manage account structures and advanced rules
Design and configure financial tags
Configure ledgers and currencies
Configure currency exchange types and rates
Configure a currency revaluation posting profile
Configure accounting and reporting currencies
Implement and manage journals
Configure journal names and vouchers
Configure journal controls and posting restriction rules
Implement journal approvals, including workflows
Configure and use periodic journals
Configure intercompany accounting
Create templates to edit journals in Microsoft Excel
Reverse financial transaction entries
Configure default descriptions
Create and use journal entries, including validation and posting manually and by using Microsoft Excel
Configure batch processing of journals
Implement and manage cash and bank
Create and manage bank groups and bank accounts
Configure payment formats
Configure bank reconciliations, including advanced bank reconciliations
Configure the cash flow forecast setup, including automation setup
Perform bank foreign currency revaluation
Process manual and advanced bank reconciliations
Configure shared payment setup for customers and vendors
Configure and process customer and vendor netting
Perform periodic processes
Design and configure periodic closing processes and end-of-year processes, including main accounts, reports, and templates
Perform financial consolidation and elimination processes by using Consolidation online
Create and manage financial reports, including modifying row, column, and report definitions, and reporting trees
Design and configure financial period workspaces and closing schedules
Design and configure legal entity for consolidation and elimination by using Consolidation online
Design consolidation and elimination by using financial reports
Configure and process ledger settlements
Perform general ledger foreign currency revaluation
Manage the ledger calendar
Configure, collect, and report taxes
Configure tax groups, tax codes, settlement periods, and authorities
Configure tax ledger posting groups
Settle and post sales tax
Configure withholding tax groups, tax codes, and authorities
Calculate and adjust sales tax
Implement cost management
Configure cost groups
Configure inventory costing versions
Differentiate between inventory costing methodologies
Configure item model groups
Configure item groups and inventory posting profiles
Perform inventory recalculation, closing, and adjustment processes
Implement accounts receivable, credit, collections, and subscription billing (15–20%)
Implement and manage accounts receivable
Configure customers and customer groups, including configuring shared customers
Configure and process free text invoices, including recurring free text invoices
Process sales order invoices and credit memos
Configure customer payment methods
Configure accounts receivable charges and apply changes to an invoice
Manage customer holds
Configure customer posting profiles
Process customer payments
Configure customer change approvals
Perform accounts receivable foreign currency revaluation
Configure and use billing classification
Configure batch processing of free text and sales order invoicing
Configure bank accounts for customers
Manage credit and collections
Configure credit management processes
Configure collections management processes, including collection activities
Manage delinquent customers
Prepare and send customer account statements
Configure and process collection letters
Configure aging definitions and process aged balances
Process and manage credit holds
Configure and use customer write-offs
Configure and process interest notes
Configure and manage subscription billing
Generate sales documents by using billing schedules
Manage billing schedules, including price update and hold termination
Configure contract billing, including billing schedule group, item group, and milestone setup
Configure and use revenue deferrals and recognition, including for charges, deferral defaults, and items deferred by default
Configure and use expense deferrals and recognition
Process and manage revenue and expense recognition schedules
Implement and manage accounts payable and expenses (10–15%)
Implement and manage accounts payable
Configure invoice validation policies and invoice matching setup
Configure vendor groups, vendors, and vendor posting profiles, including configuring shared vendors
Process purchase order invoices and credit memos, including prepayments
Configure vendor payment methods
Configure accounts payable charges, and apply changes to an invoice
Configure bank accounts and bank account approvals for vendors
Configure vendor change approvals
Perform accounts payable foreign currency revaluation
Configure vendor invoice automation
Process the vendor invoice journal including voyage cost
Configure and use recurring vendor invoices
Process and generate vendor payments, centralized payments, and prepayments
Configure and use expense management
Configure expense management including categories, per diem options, mileage expenses, intercompany expenses, and personal expenses
Create and manage expense reports
Manage budgeting (10–15%)
Implement basic budgeting
Configure budgeting components, including budget models, codes, allocation terms, and transfer rules
Create and manage budget register entries
Compare budgeted values with actual values
Configure and manage budget controls
Configure budget controls including budget parameters, budget fund availability options, budget control rules and groups, and over-budget permissions
Activate or deactivate budget control configurations
Manage fixed assets (10–15%)
Implement and manage fixed assets
Create and manage fixed asset groups and other fixed asset attributes
Configure fixed asset posting profiles
Configure fixed asset parameters
Configure fixed asset books
Configure depreciation profiles
Create and manage fixed assets
Configure mapping for fixed asset groups and books
Process fixed asset transactions
Process fixed asset disposal (sales) by using free text invoices
Process fixed asset acquisitions by using purchase orders, journals, inventory journals, and projects
Create fixed asset budgets and transfer the budgets to the budgeting module
Process fixed asset depreciation
Process fixed asset disposals and other transactions by using the fixed asset journal
Process fixed asset split, reclassification, and transfer
Process acquisition and depreciation for derived books
