Skills at a glance

• Implement financial management (40–45%)

• Implement accounts receivable, credit, collections, and subscription billing (15–20%)

• Implement and manage accounts payable and expenses (10–15%)

• Manage budgeting (10–15%)

• Manage fixed assets (10–15%)

Implement financial management (40–45%)

Implement accounts receivable, credit, collections, and subscription billing (15–20%)

Implement and manage accounts payable and expenses (10–15%)

Manage budgeting (10–15%)

Manage fixed assets (10–15%)

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 derived dimensions and financial dimension default templates

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 derived dimensions and financial dimension default templates

Configure ledgers and currencies

• Configure batch transfer rules

• Configure currency exchange types and rates

• Configure a currency revaluation posting profile

• Configure and import exchange rates by using the exchange rate provider

• Configure accounting and reporting currencies

Configure batch transfer rules

Configure currency exchange types and rates

Configure a currency revaluation posting profile

Configure and import exchange rates by using the exchange rate provider

Configure accounting and reporting currencies

Implement and manage journals

• Configure journal names and vouchers

• Configure journal controls and posting restriction rules

• Implement journal workflow approvals

• Configure and use periodic journals

• Configure and apply accrual schemes

• 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

• Configure batch processing of journals

Configure journal names and vouchers

Configure journal controls and posting restriction rules

Implement journal workflow approvals

Configure and use periodic journals

Configure and apply accrual schemes

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

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

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

Perform periodic processes

• Design and configure periodic closing processes and end-of-year processes, including main accounts 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

Design and configure periodic closing processes and end-of-year processes, including main accounts 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

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

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

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 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

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

• Manage vendor holds and inactivation

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

Manage vendor holds and inactivation

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

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 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

• Perform budget checks on documents and journals

• Configure budget cycle time spans

• Activate or deactivate budget control configurations

Configure budget controls including budget parameters, budget fund availability options, budget control rules and groups, and over-budget permissions

Perform budget checks on documents and journals

Configure budget cycle time spans

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 asset

• Configure mapping for fixed asset groups and books

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 asset

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

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