Fusion Financials Payables with Cash Management and Fusion Tax – Course Outline

Payables and related Tax & Cash Management Configuration

• Define Business Unit
• Supplier Configuration
• Supplier lookups and Business Classifications
• Define Common Options for Payables and Procurement
• Manage Payables Lookups
• Document Sequence
• Invoice Holds and Releases
• Define Payment Methods
• Overview of Payables Approval
• Fusion Tax Rule Setup
• Configure Bank Statement BAI2 Format

Perform Invoice Transactions

• Create Suppliers
• Create Invoices online – Explain PO matching and direct invoices
• Create Invoice through spreadsheet

Payment Configuration

• Configure Payment System
• Manage Payment Formats
• Payment Process Profile
• Bank Account Configuration
• Payment System Options

Payment Processing

• Quick Payment
• Execute Payment Batch

Period Close

• Create Accounting
• AP to GL reconciliation
• Payables Period Close Checklist
• Payables Period Close
• Basics of Payables Reporting through OTBI – Explain Subject Areas

Total Duration: 12 hours