1. Getting Started with Your Financials Implementation
  2. Overview of Oracle Financials Cloud

Overview of Oracle Financials Cloud

Oracle Financials delivers a complete solution that includes:

  • General Ledger

  • Intercompany Accounting

  • Payables

  • Receivables

  • Payments

  • Cash Management

  • Tax

  • Expenses

  • Assets

Use these applications with business intelligence, compliance reporting, and mobile data access for:

  • Financial accounting

  • Transaction processing

  • Payment delivery

  • Cash reconciliation

  • Employee expense processing

  • Asset management

The figure shows the activities that Oracle Financials Cloud facilitate, including financial accounting, asset management, employee expense processing, cash reconciliation, payment delivery, and transaction processing.

Access data through pages that contain:

  • Navigation tools in the global area of the Home page.

    The screenshot shows the navigation icon bar. The navigation bar includes the navigator menu, logo, home, global search, favorites and recent items, watchlist, notifications, and settings and actions menu icons.

  • Icons to navigate to pages.

    The screenshot shows the Home page with a group of icons to use to go to your tasks. The Home page also consists of the global area, a row of dots taking you to infolet pages, and a home panel where you can collaborate with your colleagues.

  • Infolets in an Infolets page or work area.

    The screenshot is an example of the General Accounting infolets that display key information on areas, such as open subledgers, revenues, AP reconciliation, AR reconciliation, and journals.
    The screenshot shows the Invoices work area that displays a row of infotiles and a table of related details.

  • Panel tabs for tasks, searching, and analytics accessed by icons on the page.

    The screenshot shows the tasks in the Invoices work area accessed by the Tasks icon. These tasks are categorized by invoices, accounting, assets, and Payables periods.

  • Transaction details in a work area.

    The screenshot shows transactions in the Accounts Receivables work area. Infotiles appear with key information, along with the related details in a table.

  • Transaction details as a separate page.

    The screenshot shows the Create Journal transaction page. Relevant fields are included in the Journal Batch, Journal, and Journal Lines sections.

From the application pages, access:

  • Embedded analytics, which enables you to complete a transaction or analyze data.

  • Interactive infolets and work areas to view:

    • Information summaries for a high-level overview.

    • Information monitoring and drill-down capability.

    • Transaction information that's central to one or more business processes.

    • Business intelligence content that's complementary to one or more business processes.

  • Real-time reporting for:

    • Viewing reports and analytics for each individual work area.

    • Exploring predefined analyses.

    • Creating and editing analyses from the Reports and Analytics panel tab or work area.

    • Accessing the Oracle Business Intelligence (BI) Enterprise Edition through the Reports and Analytics panel tab. See the new objects and changes to existing objects that you made in Oracle BI Enterprise Edition, which are then available from Oracle Financials.

    • Viewing and running financial reports from the Financial Reporting Center, which is a single point of entry for general ledger financial reporting functions. The Financial Reporting Center includes:

      • Tools to create and format financial reports, including Financial Reporting Studio and Workspace.

      • Live and interactive financial reports with multiple output options, including HTML, PDF, Excel, or Excel in Query Ready mode using Smart View Enabled formats.

      • Drill downs to underlying journals and subledger transactions with the Account Inspector.

      • Multiple reporting methods for ad hoc analysis, efficient monitoring, and tracking of key account balances in real time with the Account Monitor.