- Description
- Curriculum
- Reviews
Oracle AGIS Advanced Global Inter company System (AGIS) enables you to create, settle and reconcile intercompany transactions. Inter company transactions are transactions that occur between two related legal entities in an enterprise or between groups in the same legal entity.
Transactions that occur between two legal entities are called inter company transactions and transactions that occur between two groups within one legal entity are called incomparably transactions.
The balances of the inter company transactions must be eliminated or adjusted when preparing the consolidated financial statement, or it might result in overstated financial results, which in turn might lead to legal repercussions against the enterprise.
Inter company transactions can be identified and eliminated by the use of specific accounts to book these transactions. Defining these accounts allows you to book transactions that are identified as inter company transactions in the specific accounts. These accounts must be defined as a part of the General Ledger setup process.
Target Audience
- IT Professional
Prerequisties
- None
Why Should I choose Lara Online Training?
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- We provide Very in-depth course material with Real Time Scenarios for each topic with its Solutions for, Oracle AGIS Online Training.
- Â At Lara, we provide case studies in real-time applications with a professional explanation.
- Â We do Schedule the sessions based upon your comfort by our Highly Qualified Trainers and Real-time Experts.
- Â Class recordings are available immediately after the session for future reference.
- Â We do Normal Track, Fast Track, and Weekend Batches for Oracle AGIS Online Training.
- Â We assist you with cost Effective and Flexible Payment Schemes.
- Â At Lara, we provide Placement Assistance.
-  We provide Assessment and Mock Interviews
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4Define Employees, Legal Entities and LedgersText lesson
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5Define Intracompany balancing rules and Intercompany AccountsText lesson
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6Define Intercompany Organizations and SecurityText lesson
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7Review Transaction TypesText lesson
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8Review Invoicing Options and period statusesText lesson
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9Review Intercompany system optionsText lesson
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10Review Approvals ManagementText lesson
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11Review transaction accounting setup in Subledger Accounting (SLA)Text lesson
Excellent rating
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