This course will give you the ability to know how to deal with complex Purchase order utilizing various document styles, as well as the process for creating, Work confirmation and get the approval.

Participants will learn how the Oracle Service Procurement application fits into the Oracle Advanced Procurement product family and the key functional benefits provided by Oracle Service Procurement. As such, this is accomplished through a series of hands-on demonstrations, supplemented with corresponding hands-on practice and exercises.

Upon Completion of this Course, you will accomplish following:

• Understand the module functions and business cycles
  
• Understand how to create Contracts for Services with Complex of Payment terms
  
• Incorporate Progress Payment Schedule into Services Contracts
  
• Understand how to Track the Progress based on Schedule
  
• Understand how to Release Progress Payments
  
• Understand how to Recoup advance Payments
  
• Understand how to Apply Retainage to Complex Services Invoices
  

Participants are required to meet the following prerequisites:

• Navigating R12.2 user interface
  
• E-Business Suite (EBS) product footprint and architecture
  
• Fundamentals of System Administration
  
• Oracle Purchasing
  
• Oracle Sourcing