Oracle RMCS Cloud – Live Training (Mar-26 to Apr-26)

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Oracle RMCS Cloud – Live Training (Mar-26)
List of Contents
1. Regulatory & Foundational Concepts
• 5-Step Revenue Recognition Model (ASC 606/IFRS 15).
• Revenue Principles & Revenue Cloud logic.
• Transition from legacy accounting methods.
2. Integration & Data Flow
• Oracle integration with Receivables, Projects, Subscriptions.
• Third-party data via FBDI.
• Master Data interfacing with “Spoke” systems.
• Outbound accounting data to General Ledger.
3. System Configuration & Rules
• Contract Identification Rules.
• Performance Obligation (POB) Identification.
• Source Document Types configuration.
• Revenue Scheduling Rules (Fixed vs. Variable).
4. Standalone Selling Price (SSP) Mastery
• Pricing Dimensions & Structures.
• Residual Approach for SSP calculation.
• Price Bands & Profiles management.
• SSP maintenance and updates.
5. Contract Management & Lifecycle
• Revenue Management Work Area navigation.
• Contract Revisions & Modifications handling.
• Automatic Renewals for recurring contracts.
• Devolving Performance Obligations management.
6. Accounting & Reporting
• Subledger Accounting (SLA) Integration.
• Transaction Sweep at period-end.
• OTBI dashboards and ad-hoc reporting.
• Revenue Contract Account Activities tracking.

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