UPDATED: FEB 2026

Master Oracle Fusion Cost Management Training in 6 Hours With Guided R13 Setups

Q: What is covered in the Cost Mgmt Module?

This course provides in-depth training on the Oracle Cost Management module, including configuration topics like setting up Cost Books, Organizations, Valuation Structures, Subinventories, Cost Elements, Profiles, Valuation Units, Mapping Sets, accounting rules, journal entry rule sets, and descriptive flexfields. It also covers transaction and reporting topics such as running costing processes for receipts, issues, transfers, and work orders, reviewing inventory valuation and item costs, generating cost accounting distributions and journal entries, and understanding standard, actual, and perpetual average costing methods using real business flows in a Release 13 Fusion instance.

Q: Is this a live or self-paced course?

This is a self-paced course. You receive more than 8 hours of finely edited recordings with chapter-marked sessions and searchable captions, so you can revisit content efficiently at any time during the subscription period.

Q: Is a certification included or supported?

Yes. You receive a training completion certificate for the Oracle Cost Management course and access to Oracle certification material to help you prepare for relevant Oracle SCM Cloud exams. This supports your certification goals, even though Oracle does not offer a standalone exam specifically for Cost Management.

Still stuck piecing together Oracle costing setups and reports on your own? This Oracle Fusion Cost Management training shows you how to configure cost books, valuation structures, subledger accounting, and transaction costing inside Oracle Cloud so you can report accurately and work confidently on real projects.

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6 HoursDuration

16Learning Modules

Fusion InstanceIncluded

All LevelsExperience Level

What You Will Learn

Configure Oracle Fusion Cost Management foundations and enterprise setups
Set up cost books, valuation structures, and cost profiles
Build subledger accounting rules for Oracle cost accounting
Run costing for receipts, issues, transfers, and sales orders
Analyze cost distributions, inventory valuation, and accounting results

Skills You Gain

Oracle Fusion Cost ManagementOracle Cost AccountingCost Books & ValuationTransaction CostingInventory Valuation

What Oracle SCM Consultants Earn Across Key Markets

Sourced salary snapshots for Oracle SCM and Oracle Fusion consultant roles.

Oracle SCM skills map into high-value cloud consulting roles across Procurement, Order Management, Inventory, Costing, Planning, and related Oracle Fusion workstreams. The salary figures below are taken directly from market salary sources and keep the source-specific role naming where titles differ by region.

USA

$98K - $178K
(Median: $131K)

[1][2]

UAE

AED 17K - AED 20K/mo
(Median: AED 17K/mo)

[3]

Europe

€51K - €62K/yr
(Median: €61K in Germany)

[4]

India

₹4L - 14.0L/yr
(Avg base: ₹8L + ₹2L additional)

[5]

Titles are source-specific: US uses Oracle Functional Consultant (SCM), UAE uses Oracle Fusion Consultant, Europe uses Germany-based SCM Consultant data, and India uses Oracle SCM Functional Consultant.

Course Content

Configuration Part 01

Step-by-Step Configuration for Cost Management Module
Enable Offerings and Opt-In Features
Manage Locations
Manage Business Unit
Assign Business Unit Business Function
Manage Item Organizations
Manage Inventory Organization
Manage Subinventories and Locators

Configuration Part 02

Associating Inventory Organizations and Locations
Manage Costing Key Flexfields
Manage Cost Organizations
Manage Cost Books
Manage Cost Organizations Relationships
Manage Valuation Structures
Manage Cost Elements
Manage Cost Component Mappings

Configuration Part 03

Manage Cost Profiles
Valuation Methods for Provisioned Completions
Manage Default Cost Profiles
Manage Valuation Units
Manage Users
Assign Roles
Manage Cost Organization Data Access for Users
Creating Purchase Orders

Configuration Part 04

Manage Item Classes
Create Item and Assign Item Attributes
Manage Operational Attribute Groups
Manage Item Cost Profiles
Manage Common Options for Payables and Procurement

Configuration Part 05

Manage Mapping Sets
Movement Request
Manual Cost Adjustment
Manage Account Rules
Manage Subledger Journal Entry Rule Sets
Manage Accounting Methods
Activate Subledger Journal Entry Rule Set Assignments
Specify Ledger Options

Configuration Part 06

Configuring Cost Accounting Entries
Offset Rule for Miscellaneous Transactions
Creating Subledger Journal Rules
Movement Request
Sub Inventory Transfer Event Type
Verifying Accounting Method in Ledger Options

Configuration Part 07

Manage Costing Lookups
Manage Costing Descriptive Flexfields
Manage Cost Accounting Profile Options
Manage Receipt Accounting Profile Options
Summary

Transaction Part 01

Creating Transactions and Cost Management
Manage Cost Accounting Periods Opening of Costing Period
Pending Close and Closed Period Status
Cost Accounting Distributions Creating Run Control
Cost Distribution Overview

Transaction Part 02

Session Overview
Creating Miscellaneous Transactions
Miscellaneous Receipt Costing
Miscellaneous Issue Costing
Creating Account Alias for Transactions
Reviewing Cost Distributions
Inventory Valuation and Offset Accounts
Expense Accounting in Miscellaneous Receipt
Reviewing Item and Transaction Costs for Transactions

Transaction Part 03

Subinventory Transfers Costing
Movement Request Transfer Costing
Movement Request Issue Costing
Running Costing Process
Entries for Inventory Expense Items
Reviewing Accounting Method
Mapping Accounting Entries for Transactions

Transaction Part 04

Manage Cost Adjustment
Negative Change
Reviewing Cost Accounting Distributions
Running Create Accounting for Cost Adjustments
Inventory Valuation and Offset Account Entries

Transaction Part 05

Inventory Based Purchase Order Costing
Purchase Order and Receipt Accounting
Item Attributes
PO Accrual Account and Distribution
Running Receipt and Cost Processes
Cost Sources
Configuring Subledger Accounting
Configuring Cost Accounting Setups
Receiving Inspection
Summary

Transaction Part 06

Purchase Order Return Receipts Costing
Creating a Return Receipt
Cost Variance
Cost Accounting
Inventory Valuation Mapping Set
Viewing Accounting Entries

Transaction Part 07

Expense Based Purchase Order Costing and Accounting
Create Purchase Order with Item
Query the Purchase Order
Create Invoice for PO
Create a PO and Not Invoicing It
Run Schedule Process for PO

Transaction Part 08

Sales Order Costing
Create Order
Create Pick Wave
Run Cost Accounting Process
Create Invoice for Sales Order

Transaction Part 09

Interorganization Transfer and Transfer Order Costing
Direct Intercompany Transfer
Create Inter Org Transfer
Create Transfer Order Transactions
Create Pick Wave and Pick Release
Run Costing Processes
Query Transfer Order Transactions

Oracle Fusion Cost Management Training Course Pricing

Choose a focused Oracle Cost Management course or unlock all modules with OEG One.

Oracle Fusion Cost Management Module

Single Subscription Access

$239/ 6 Months

Cost Mgmt Self-Paced Access (6 months)
Cost Mgmt Recordings Access (6 months)
Fusion SaaS Instance (6 Months)
Practice Assignments for the Cost Mgmt Module
Soft Copy Training Material for Cost Mgmt Module
Oracle Certification Material for Cost Mgmt
Cost Mgmt training completion certificate
Video Session on Resume Building and Interview Questions
Job assistance for relevant openings

Best Value

OEG One

ALL Modules Access

$399$339/ 12 Months

ALL Live Trainings (attend unlimited batches of ALL modules for 12 months)
ALL Recordings Access (12 months)
Fusion SaaS Instance (12 months)
EPM SaaS Instance (Limited availability)
Practice Assignments for Many Modules
Soft Copy Training Materials for ALL Modules
Oracle Certification Material for Many Modules
Training Completion Certificates
Video Session on Resume Building and Interview Questions for Many Modules
Job Assistance for relevant openings

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Related Courses

Frequently Asked Questions

Who is this Oracle Cost Management course designed for?

This course is ideal for freshers starting a career in Oracle SCM Cloud, Oracle EBS R12 consultants transitioning to Fusion Cloud, and SCM and Finance professionals managing product costing, inventory valuation, and accounting. Whether you are a beginner or experienced, the course walks through each concept with hands-on demonstrations in Oracle Fusion Cloud.

What is covered in the Cost Mgmt Module?

This Oracle Fusion Cost Management training covers configuration topics like Cost Books, Organizations, Valuation Structures, Subinventories, Cost Elements, Profiles, Valuation Units, Mapping Sets, accounting rules, journal entry rule sets, and descriptive flexfields. It also covers transaction and reporting topics such as costing receipts, issues, transfers, and work orders, reviewing inventory valuation and item costs, and generating cost accounting distributions and journal entries in a Release 13 Fusion instance.

Is this a live or self-paced course?

This is a self-paced Oracle Cost Management course. You receive more than 8 hours of edited recordings with chapter-marked sessions and searchable captions, so you can revisit Oracle costing setups and transaction flows at any time during the subscription period.

Will I get access to Oracle Fusion Cloud for practice?

Yes. You receive 6 months of access to Oracle Fusion SaaS (Release 13), where you can perform hands-on setups and costing transactions, simulate costing flows across inventory and procurement scenarios, and build practical job-ready skills using a live demo instance.

Is a certification included or supported?

You receive a training completion certificate for the Oracle Cost Management course. The standalone Cost Management module does not include separate Oracle certification material, but the practical coverage helps strengthen readiness for broader Oracle SCM Cloud certification goals.

Do you provide job assistance?

Yes. Enrollment includes access to the OEG Job Assistance Program with a dedicated session on resume formatting and interview preparation, access to a private job portal with 40-45 top company listings, and profile referrals to hiring managers for relevant SCM and Cost Management roles with India-based referral support.

What is the difference between the Cost Mgmt Module plan and the OEG One plan?

The 6-month Cost Mgmt Module plan is focused on Cost Management and includes module live training and recording access, Fusion instance access, training material, certification support, and job assistance. The 12-month OEG One plan provides full access to all modules across FIN, SCM, PPM, HCM, OTBI, and more, along with live training sessions, extended instance access, and broader job support.

What if I have a query after subscription?

If you have any query after subscription, you can email our dedicated support team at Support@OracleErpGuide.com. The support team will assist you throughout your learning journey.

How many users can use the subscription simultaneously?

All subscriptions are limited to one user account at a time, and the account can be accessed from any device or location by that user. Sharing credentials is prohibited to maintain platform integrity and fair usage.

Can I rewatch the content multiple times?

Yes. During the 6-month access period, you can rewatch recorded sessions as many times as needed, use chapter markers to jump directly to specific configuration or transaction topics, and practice at your own pace without restriction.