FIC Essentials cousework

Incentive Compensation Course Overview

• Lesson and Course Objectives
• Course Schedule
• Outline of Course Hands-On Activities
• Oracle Fusion Resources

Introducing Oracle Fusion Applications and Incentive Compensation

• Introduce Oracle Fusion Applications User Interface
• Introduce Oracle Fusion Customer Relationship Management, Human Capital Management, and Incentive Compensation
• Introduce the Manage Incentive Compensation Main Business Activities
• Introduce Incentive Compensation Transaction Processing

Model and Configure Incentive Plans

• Compensation Plans and Building Blocks Overview
• Rate Tables and Dimensions
• Expressions
• Performance Measures
• Classification Rules and Credit Category Hierarchies

Assign Participants

• Introducing Participants, Plans, and Pay Groups
• Assigning Participants, Payment Plans, and Pay Groups

Credit Participants

• What is Sales Crediting?
• How Much Is Appropriate?
• Crediting Defined
• Oracle Fusion Incentive Compensation Crediting

Activity: Credit, Classify, Calculate Earnings, and Determine Payments

• Incentive Compensation Processing Lifecycle
• Base Transactions
• Credited and Classified Transactions
• Earnings and Payment Transactions

Transaction Lifecycle

• Importing, Collecting, and Managing Transactions
• Crediting
• Rollup
• Classification
• Calculation
• Payment Entities and Processes Overview
• Payment Transactions

Sales Compensation

• Monitor Participant and Team Performance
• Manage Disputes

Introducing Oracle Fusion Functional Setup Manager

• Application Implementation Lifecycle
• Functional Setup Enterprise Roles
• Planning an Implementation
• Configuring Offerings
• Generating Setup Task Lists
• Assigned Implementation Tasks
• Maintaining Setup Data
• Accessing Implementation Projects and Tasks

Define Enterprise Structures for Incentive Compensation

• Oracle Fusion Applications Business Units and Business Functions
• Reference Data Sharing
• Reference Data Partitions
• Workforce Structures: Jobs and Job Families
• Incentive Compensation and HCM Jobs

Define Security and Persons for Incentive Compensation

• IC Security Setup and Maintenance
• Roles Assigned to Users
• Role-Based Access Control
• Job and Duty Roles
• Manage Incentive Compensation Main Business Activities
• The Security Reference Implementation
• User Accounts and Role Provisioning
• Managing Security Using HCM, OIM, and APM

Define Trading Community Details for Incentive Compensation

• Customer Data Model Data and Incentive Compensation Rules
• How Oracle Fusion IC Uses Geography Reference Data
• Implementation Considerations
• Manage Geographies
• File-Based Import Process

Define Parties and Resources for Incentive Compensation

• Why Parties and Resources?
• Importing Customer Data Flow
• Partner, Person, and Resource Application Data
• Parties and Party Relationships and Data Model
• How Data Objects Reference Each Other
• Using Text and XML Files for Import

Maintain Common Reference Objects

• Application Taxonomy Overview
• Define ISO Reference Data
• Profile Options, Levels, and Values
• Lookups
• Flexfields
• Value Sets
• Set Activity Stream
• Manage Menu Customizations

Define Incentive Compensation Shared Configuration

• Calendar Period Types and Periods
• Multicurrency Support
• Converting IC Currencies

Define Incentive Compensation Business Unit Configuration

• Setting Calendar, Currency, and Processing Parameters
• Configuring Tables and Columns
• Enabling Attributes for Calculation
• Manage Earning Types
• Period Statuses
• Participant Import

Define Incentive Compensation Custom Qualifiers and Lookups

• Manage Incentive Compensation Custom Qualifiers and Lookups

Define Approval Management for Incentive Compensation

• Approval Management Overview
• Setting Up Approval Management
• Manage Task Configurations
• Approval Groups

Define Application Toolkit Configuration

• Map Reports to Work Areas

Define Extensions for Incentive Compensation (ESS)

• Manage Job Concepts
• Updating Custom Processes
• Manage List of Values Sources

Course Summary

• Key Conceptual Concept Summaries
• Transactional Course Activities Summary
• Implementation Course Activities Summary