Live Training

Go From Cost Management Beginner to Expert in Just 25 Hours of Live Oracle Training

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: 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.

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.

Q: 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.

No Cost Management background? No problem. This 25-hour live course covers inventory setups, costing configuration, and end-to-end transaction costing across POs, sales orders, movement requests, and transfers — so you can fast-track your Oracle SCM career with confidence.

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25 HoursDuration

3Modules

Fusion InstanceIncluded

All LevelsExperience Level

What You Will Learn

Configure inventory organizations and items
Build cost books and profiles
Set up valuation structures
Run costing for all transactions
Review cost distributions end-to-end

Skills You Gain

Cost Book SetupValuation StructuresReceipt AccountingMovement Request CostingCost Distributions

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

Inventory and Item Dependent Setups

Creation of Business Unit
Assign Business Unit Business Function
Enable Profit Center Business Unit
Manage Inventory Organization
Manage Subinventories and Locators
Manage Item Organization
Manage Item Classes
Create Item
Manage Item Cost Profiles
Manage Common Options for Payables and Procurement

Costing Setups

Enable Costing Offerings and Opt-in Features of Costing
Overview of Cost Methods
Manage Costing Key Flexfields
Manage Cost Organization
Manage Cost Book
Attach Profit Center BU to Inv Org
Manage Cost Organization Relationship
Manage Costing Lookups
Manage Costing Descriptive Flexfields
Manage Cost Accounting Profile Options
Manage Receipt Accounting Profile Options
Manage Valuation Structure
Manage Valuation Units
Manage Cost Element
Manage Cost Profile
Manage Default Cost Profile
Manage Mapping Sets
Manage Account Rules
Manage Transaction Account Definition
Manage Accounting Methods
Manage Users
Assign Roles
Manage Cost Organization Data Access for Users

Cost Management - Configurations

Manage Cost Accounting Periods (Opening and Closing)
Create Run Control
Cost Distribution Overview
Create Movement Request
Movement Request Transfer Costing
Movement Request Issue Costing
Run Costing for Movement Request Transaction
Reviewing Cost Distributions
Overview of Inventory Valuation and Offset Accounts
Creating Miscellaneous Transactions
Miscellaneous Receipt Costing
Miscellaneous Issue Costing
Creating Account Alias Transactions
Run Costing and Review Cost Distributions
Create Subinventory Transfers
Run Costing for Subinventory Transfers
Reviewing Cost Distributions
Create Cost Adjustments
Run Costing for Adjustments
Reviewing Cost Distributions
Create Inventory Based Purchase Order
Run Receipt Accounting
Review Receipt Distributions
Run Costing for Inventory PO
Reviewing Cost Distributions
Create Expense Purchase Order
Run Receipt Accounting
Review Receipt Distributions
Run Costing for Expense PO
Reviewing Cost Distributions
Overview of Receiving Inspection and Accrual Accounts
Create Receipt Return
Run Costing for Receipt Returns
Reviewing Cost Distributions
Create Sales Order
Run Costing for Sales Order
Reviewing Cost Distributions
Create Transfer Order
Run Costing for Transfer Order
Reviewing Cost Distributions

Oracle Fusion Cost Management Training Course Pricing

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

Cost Management

6-Months, Single Course Access

₹21,900/ 6 Months

Attend unlimited batches of Cost Management module (6 months)
Access recordings (6 months)
Fusion SaaS Instance (6 Months)
Practice Assignments for the Cost Management Live Training
Soft Copy Training Material for Cost Management Module
Oracle Certification Material for Cost Management Module
Training completion certificate
Video Session on Resume Building and Interview Questions
Job assistance for relevant openings

Best Value

OEG One

ALL Modules Access

₹34,900₹29,900/ 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

Need help choosing the right subscription?

Chat with an OEG mentor for curriculum guidance, team training, or invoicing.

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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, Cost Organizations, Valuation Structures, Cost Elements, Cost Profiles, Valuation Units, Mapping Sets, Account Rules, and Accounting Methods. It also covers end-to-end transaction costing for movement requests, miscellaneous transactions, subinventory transfers, purchase orders (inventory and expense), sales orders, transfer orders, and receipt returns — including reviewing cost distributions for each.

Is this a live or self-paced course?

The Oracle Fusion Cost Management training is live, delivered over 12 sessions (2 hours each) plus 1 additional hour, totalling 25 hours. You also get access to recordings and can repeat the batch within your access 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?

Cost Management Module ($239): Includes Oracle Fusion Cost Management live training, recordings, Fusion SaaS instance (6 months), practice assignments, training material, and job assistance. OEG One ($339): Includes ALL modules (FIN, SCM, HCM, PPM, FAH, EPM, Technical), Fusion SaaS instance (12 months), unlimited live sessions, broader certification prep, and full 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 and repeat the live batch within your access duration without additional cost.