Overview

Hello, and welcome to this Budgetary Control and Encumbrance Accounting course. once you've completed the course, you should be able to: 1- Identify the key concepts of Budgetary Control and Encumbrance Accounting and 2- Understand the implementation options and be able to use the features of Budgetary Control and Encumbrance Accounting and also generate the various reports that you can use for reporting on Budgetary Control and Encumbrance Accounting.Let's take a look at what we're going to cover in the course. I'm going to give you an overview of Budgetary Control and Encumbrance Accounting, what each module does, and why you might choose to implement Budgetary Control only, Encumbrance Accounting only, or both together. We'll then look at each module. And we'll start off with Budgetary Control. We'll look at the implementation options for Budgetary Control and set up our control budget and load in some budget data. Once we've got our budgets created and our budget data loaded, we can move on to see how transactions are entered and how the funds checking is done.then take a look at Encumbrance Accounting, what are the implementation options. Again, we'll enter some transactions to see the encumbrance entries that are generated. We'll move on to look at the year-end processing for Budgetary Control and Encumbrance Accounting and, finally, how you can report on Budgetary Control and Encumbrance Accounting, the different reporting options that you have and how you can monitor your budget consumption. After completing this particular topic, you will understand an overview of Budgetary Control and Encumbrance Accounting, the process, the overall process. We'll talk about the common implementation decision points and talk about the Budgetary Control and Encumbrance Accounting modules architecture.Starting off then with the product overview. And Budgetary Control and Encumbrance Accounting is a fully integrated product. The minimum subscription required to use the Budgetary Control and Encumbrance Accounting features is Financials and Procurement plus Expenses if you want to implement Budgetary Control on spend authorizations.You just need a P.C and network , it will be good also if you have any oracle cloud test instance to practice:)

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