AP & AR Day-to-Day Operations

The full payables and receivables cycle for finance teams. Everything an AP or AR team needs to operate Oracle Fusion Finance — invoices, payments, receipts, matching, collections and exception handling. 6 hrs · 2 sessions. Overview Accounts payable and accounts receivable are the daily heartbeat of any finance operation. In Oracle Fusion these processes are more structured, more automated, and more auditable than most teams are used to — but only if people understand how to use them correctly. This course gives AP and AR teams the practical fluency they need to work efficiently and confidently in Fusion Finance from day one. We cover the complete AP cycle: how invoices enter the system — manually, via the supplier portal, or through automated import — how three-way matching works between invoice, purchase order, and receipt, how payment runs are created and approved, and how to handle the exceptions and holds that interrupt a smooth cycle. On the AR side: how customers are billed, how receipts are applied, how collections are managed, and how to reconcile the AR ledger at period end. Every exercise uses realistic business scenarios drawn from African organisations: a construction company managing subcontractor invoices, a services business billing retainer clients, a manufacturer handling import AP. By the end of the second session, participants can run their complete AP or AR cycle in Fusion without assistance. Learning outcomes • Process AP invoices through the full cycle — entry, matching, approval, and payment — in Oracle Fusion Finance • Identify and resolve the most common invoice holds including price variance, quantity variance, and missing PO references • Create and approve a payment run including selecting invoices, reviewing the proposal, and confirming the payment batch • Create AR invoices manually and understand how AutoInvoice populates the AR ledger from upstream systems • Apply customer receipts to invoices including partial payments, overpayments, and disputed amounts • Reconcile the AR aging report against the general ledger at period end Prerequisites • Completion of Fusion Navigation & Personalisation, or comfort navigating Oracle Fusion workspaces • Basic AP/AR accounting knowledge — what an invoice is, what a receipt application means Modules 1. Accounts payable — invoice processing, matching, and payment runs (3 hours) We cover the complete AP cycle. Invoice entry via the supplier invoice workbench, three-way matching logic and how to resolve holds — price variance, quantity variance, missing PO. Payment run creation, proposal review, approval, and posting. Void and re-issue of a payment, partial payment against an invoice, and how AP accounting entries flow to the GL. Topics: Invoice entry and the supplier workbench; Three-way matching logic; Invoice holds and resolution; Payment run creation and approval; Void and re-issue; AP accounting entries 2. Accounts receivable — billing, receipt application, collections, and reconciliation (3 hours) AR invoice creation — manual and via AutoInvoice for bulk import. Receipt application: applying a customer payment to one or multiple invoices, overpayments, underpayments, and disputed items. The collections workbench: managing outstanding balances, promise-to-pay dates, and escalation. AR period-end: aging reports, reconciliation of AR to the GL, and clearing unapplied receipts. Topics: AR invoice creation; AutoInvoice overview; Receipt application; Overpayments and disputes; Collections workbench; AR period-end reconciliation Delivery Works well as a go-live readiness programme for finance teams in the two weeks before system cutover. Can be split by function — AP teams attend session 1, AR teams session 2 — or delivered to a combined finance team. Available virtually or on-site. Certification Certificate of completion Price USD 450 · per participant per person · indicative · group pricing available HRDC eligibility Up to 75% refundable Mauritius-registered employers may claim this training via the HRDC levy. We provide full documentation to support your claim. Languages English Provider reference SIMPLIT-002-AP_AR_DAY_TO_DAY_OPERATIONS

• Accounts payable clerks and managers who will process invoices and payment runs in Fusion • Accounts receivable teams who will manage customer billing, receipts, and collections • Finance controllers who need to understand the AP/AR cycle to perform month-end close • Shared service centre staff taking over AP or AR functions on a newly live Fusion system • Finance managers whose team is going live on Fusion and need to understand the workflow before go-live