Oracle Fusion Financials is a comprehensive suite of applications designed to manage an organization's financial operations. Here are the key modules within Oracle Fusion Financials:
- General Ledger:
- This is the core of the financial system, responsible for recording all financial transactions, maintaining the chart of accounts, and generating financial statements.
- Accounts Payable (Payables):
- This module manages the organization's obligations to its suppliers, including invoice processing, payment processing, and supplier management.
- Accounts Receivable (Receivables):
- This module handles customer invoicing, payment processing, and collections, managing the flow of money into the organization.
- Cash Management:
- This module provides tools for managing the organization's cash flow, including bank reconciliations, cash forecasting, and liquidity management.
- Fixed Assets:
- This module tracks and manages the organization's fixed assets, including acquisition, depreciation, and disposal.
- Expenses:
- This module streamlines employee expense reporting and reimbursement.
- Tax:
- This module assists with tax compliance and reporting.
- Payments:
- This module manages the payment processing aspects of the financial system.
- Intercompany Accounting:
- This module assists with accounting for transactions that occur between different legal entities within the same organization.
These modules work together to provide a comprehensive and integrated financial management solution.
