39752958-apps-basic flow in financials

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APPS FAQ SOLUTIONS:

BASIC FLOW OF FINANCIAL

Entries go

Shipment PO

S Order

BASIC FLOW OF FINANCIAL.

In this we receive order from customer. WIP (work in process) if we are no able tomeet sales order then requisition is raised. PO is approved. PO goes to supplier. Supplier

sends his shipment. AT the time of creation of invoice PO matching takes place. If

matching is approved then payment is made to supplier. Then all entries go to GL.Entry from AR is also goes to GL.

Q1: Difference between customization, enhancement and implementation?

Ans: Customization: Customization is the developing of the forms, reports and SQLscript from the beginning or changing the existing.

Enhancement: Enhancement is the modification of forms according to client

And user requirement.

Implementation: Implementation is the testing of Applications.

Q2: What are the Types of Customizations?

Ans: There are two types of customizations.1). Customization by extensions

2). Customizations by Modifications.

Customization by extensions: Customization by extension means developing new:

Custo

mer

WIP

Supplier

Stock

AP

GL

AR



Component for existing Oracle applications and develop new application using the

Development feature of AOL (Application object Library).

Customization by extensions means Copying anExisting Oracle Application Component (Forms, Report, PL/SQL etc.) to a custom

application directory and modifying the Copy.

Customizations by Modifications: Modifying existing oracle application Component

to meet your specific Requirement.

Q3: What are the most Common Types of Customization?

Ans: TYPE 1: # Changing Forms:

1) . Changing Forms2) . Validation logic

3) . Behavior

TYPE2: # Changing Report or Program

1). Appearance2). Logic

TYPE3: # Database Customizations:

1). Adding read only Schema

2). Augment (add) logic with database Triggers.

TYPE4: # integrating third Party Software

(NOTE: For more Information on customization goes 115devg.pdf Chapter Twenty-

Seven)

Q4: What is Legacy system?

Ans: System other than Oracle is legacy System. Like FoxPro, spreadsheet.

Q5: What is ERP?

Ans: Resource Planning with in Enterprise. ERP is a term that covers whole Product line.ERP means integration of different module. Any business will greatly benefits by

adapting this feature because u can customize it or integrate it with other Packages

to satisfy unique requirements.

BENEFITS OF ERP: 1). Flow of Information Effectively.

2). Maintaining Standardizations.

Q6: What is Oracle Apps?

Ans: Oracle-apps are an ERP Package. The Key Feature of the entire oracle-Application

modules is Data Integration. Master data is Integrated: All the application share common files of customers,

suppliers, employee, items and other entities that are used by multiple applications.



STEP-SIX: Attach responsibility to user.

Q11: How Report is attached.

Ans11: STEP- ONE: Register the application.

STEP-TWO: Put Report in appropriate server directory.

STEP-THREE: Define Executables. (Navigator ConcurrentProgram

Executables)

STEP-FOUR: Define Program (Concurrent Program Define)

STEP_FIVE: Define Responsibility (Sysadmin responsibility).

(SecurityResponsibility Define).

STEP-SIX: Define Request Group. (Navigator security

ResponsibilityRequest)

STEP-SEVEN: Define Data Group. (Navigator oracleData group).

STEP-EIGHT: Run the request through SRS. A request Id is created

Through which u can view the request.

Qns12: What is workflow?

Ans: To automate and continuously increase business process we use workflow.Workflow processes represent business process flows and information routings.

Main Function:

1). Routing Information’s (sending or receiving information).2). Defining & modifying Business Rule.

3). Delivering electronic notification. (By emails).

Qns13: What are the main workflows Components?Ans13: 1). Workflow Builder. Workflow is the component that provides user interface

For creating, reviewing and maintaining workflow

Definitions.

2). Workflow Engine.: workflow is the component that executes and enforces

The defined workflow Process.

3). Workflow Monitor. Workflow is the component of oracle workflow that

Allow you to review the state or status of an item

Through any particular workflow process.



4).Workflow Definition Loader: allows u to download the text file.

5). Workflow Directory Services. Tells workflow how to find users.6). Notification System. Send emails and receives responses from the Oracle

Workflow notification system.

Qns14: What are Interface table in AP, AR, GL.

AP INTERFACE TABLE:

1). AP_INTERFACE_CONTROLS.2). AP_INTERFACE_REJECTIONS

3). AP_INVOICE_INTERFACE

4). AP_INVOICE_LINES_INTERFACE.

AR INTERFACE TABLE:

1). AR_PAYMENTS_INTERFACE_ALL

2). AR_TAX_INTERFACE

3). HZ_PARTY_INTERFACE

4). HZ_PARTY_INTERFACE_ERRORS5). RA_CUSTOMERS_INTERFACE_ALL

6). RA_INTERFACE_DISTRIBUTIONS_ALL7). RA_INTERFACE_ERRORS_ALL

8). RA_INTERFACE_LINES_ALL

9). RA_INTERFACE_SALESCREDITS_ALL

GLINTERFACE TABLE:

1). GL_BUDGET_INTERFACE

2). GL_DAILY_RATES_INTERFACE

3). GL_IEA_INTERFACE4). GL_interface

5). GL_INTERFACE_CONTROL

6). GL_INTERFACE_HISTORY.

Q: 15 Total numbers of Tables in AP, AR, GL?

AP 173

AR 294

GL 165

FA 160

PO 132.

OE 109

Q16: How will u customize a form?Ans: STEP1: Copy the template.fmb and Appstand.fmb from AU_TOP/forms/us.

Then put in custom directory. The libraries (FNDSQF, APPCORE,

APPDAYPK, GLOBE, CUSTOM, JE, JA, JL, VERT) are automatically attached.

STEP2: Create or open new Forms. Then customize.

STEP3: Save this Form in Corresponding Modules.



Q17: What are non-financial modules?

Ans: 1). Projects2). Manufacturing

3). Supply chain management

4). HR 5). Front Office

6). Strategic Enterprise management.

Q18: Explain Order- cycle in OE.

Ans: Step1: Enter sales order.

Step2: Book the sales order.

Step3: Pick release order.Step4: Ship or confirm order.

Step5: Backorder Release

Step6: Receivable Interface

Step7: Complete lineStep8: Complete order

Q19: What is AU_TOP.

This is the Application utility contains PL/SQL library used by oracle forms,

reports, oracle form source files and a copy of all Java used to generate the desktop

Client.

Q20: What is AD_TOP.

AD_TOP (Application DBA). Contain installation and maintenance utility.Such as Auto upgrade, Auto Patch and Admin Utility.

Q21: Can we make transaction in close Periods? No, we can make only reports.

Q22: If Period is closed how we can enter transactions? (Doubt) No, we cannot enter transaction.

Q23: What is SQl*Loader.

This tool is used to move data from a legacy system to oracle database.In this two type of inputs to be provided to SQL * Loader.

First is data file, containing the actual data.

Second is the control file containing the specification which drive theSQL * Loader.

Q24: How can u relate order management with AR?Sales orders are displayed after confirm release of sales in order management.

Q25: What is the Field of GL_interface.

Ans: 1). SET_OF_BOOKS_ID



2). ACCOUNTING_DATE

3). CURRENCY_CODE

4). DATE_CREATED5). CREATED_BY

6). CURRENCY_CONVERSION_DATE

7). ENCUMBRANCE_TYPE_ID8). BUDGET_VERSION_ID

9). CURRENCY_CONVERSION_RATE

10). ACCOUNTED_DR 11).ACCOUNTED_CR

12).TRANSACTION_DATE

Q26: In which directory u store your custom form.Ans:

APPL_TOP

|

|------------------------------------------------------------------------------------------

| | | | |Adm. ad au fnd(foundation) cust-dem

--------------------- Core directory-------------------------- (custom-directory)

|

11.0.28|

Forms

|---------------------

US | D|

We Store the

Form Here.

App_Top is top directory. We have Core directory Adm., ad (application dba),

Au (application utility), fnd (Foundation), Cust-Dem is Custom directory where

Have 11.0.28 version then we have forms directory. Inside the form we have USDirectory. Where we stand forms.

Q27: Who is Holder of Alerts?

ALERT Manager.

Q28: Steps for up gradation of 11 to 11i.

STEP1: Perform category 1,2,3. (Preupgrade steps).

STEP2: Run auto grade

STEP3: Apply database patch to bring your database to the



Current oracle apps release level.

STEP4: Install online help (optional).

STEP5: Perform Category 4, 5, 6 Steps (Post-upgrade steps).

STEP6: Perform product specific implementation steps as listed in your products

Users guide.

STEP7: perform upgrade finishing step.

Q28: How interface program is written and for what purpose

Interface Program is written through SQL, PL/SQL. PURPOSE: 1). Basic Integration

2). Imports valid data that is meaningful to

Organization

3). Validate the integrity of any dataBefore introducing into oracle apps.

4). Imports data from legacy system.5). Import data from one module to another.

Q29: What is AOL.Ans: AOL stands for Application Object Library used for customization and

implementation of forms and Reports.

Q30: which Columns are taking care of descriptive flex fields?

Ans: Attribute Columns

Q31: Can u attach two sets of books with single profile?

Ans: yes we can attach.

Q32: How can u attach two sets of books with single profile.

Ans: we can attach different set of Books with different responsibility

In a single profile.

Q33: Can we run FSG report other than GL?

Ans: No, we cannot run. Because FSG reports can only run in GL.

Q34: What are the common libraries in AOL.

Ans34: libraries contain reusable client-side code.

Common Libraries in AOL.

FNDSQF: Contain packages for procedures for Message Dictionary,

Flex fields, profiles, and concurrent processing’s.

APPCORE: Contain packages for procedures for Menus and Toolbar.



APPDAYPK: contain packages that control application Calendar.

APPFLDR: packages for Folder.

Qns35: What is Multilanguage support?

Ans35: Oracle Application provides some feature to support multi language support.

Qns36: Can u delete the posted Journals? Can U make Changes in Posted Journals?

Ans36: No, once the posting program in oracle financial has updated accounts balances,

you cannot alter the posted journals; you can only post additional entries that negate theoriginal values. These entries contain either the negative values of the original posted

amounts or the original values but with the debit amounts and credit amounts reversed.

These approaches are known as reversal method.

Qns37: When u r taking bulk of reports.

Ans37: At midnight because traffic is less.

Qns38: Who is Holder of Alerts?Ans38: Alert Manager.

Qns39: What is TOAD?

Ans39: Tool for managing database activity,

Qns40: What is Flexfield?Ans40: Oracle Application uses Flexfield to capture information about

Your organization. Flexfield have flexible structure for storing key information.

Like Company, Cost Center, and Account. They also give u highly adaptableStructure for storing customized information in oracle Applications.

Qns41: What are the elements of Flex field?Ans41: 1). Structure 2). Segment

3). Segment value 4). Value set

//Qns42: What do u means by structure?

Structure as the name implies defines how Flexfield is constructed. A Flex field

structure determines how many Segments it has, as well as how the segments are

sequenced. Each structure is mapped to a structure ID Column in the database table for key Flexfield. Each Structure is mapped with context sensitive column in the database

table for descriptive Flexfield.

Qns43: What do u means by Segment?

Each Segment represents an element of your business structure such as Employee,

Cost Center, and Account. A Flexfield can have multiple Field. A segment is a singlefield with in a Flexfield.

Qns44: What do u means by Value set?

Value set identifies a list of valid value for the segment.



Value set also governs the segment value’s length, its data type.

Qns45: What do u means by Segment value?Value for each segment of flex field.

Qns46: What are Key and Descriptive Flexfield.Ans46: Key Flexfield: #unique identifier, storing key information

# Used for entering and displaying key information.

For example Oracle General uses a key Flexfield called Accounting Flexfieldto uniquely identify a general account.

Descriptive Flexfield: # To Capture additional information.

# To provide expansion space on your formWith the help of []. [] Represents descriptive

Flexfield.

Qns47: Difference between Key and Descriptive Flexfield?Ans47:

Key Flexfield Descriptive Flefield

1. Unique Identifier 1.To capture extra information

2. Key Flexfield are stored in segment 2.Stored in attributes

3.For key flex field there are flex fieldQualifier and segment Qualifier

3. Context-sensitive flex field is a featureof DFF.(descriptive flex field)

Qns48: Difference between Flexfield Qualifier and Segment Qualifier.

Flexfield qualifier is used to identify a particular segment within a Key flex field.

While segment qualifier is used to capture value for any particular segment.

Qns49: What is Cross Validation Rule?

To prevent users from entering invalid combinations of segments Oracle General

Ledger allows u to set up cross validation rule. There are two types of cross-validationrule element: INCLUDE and EXCLUDE.

For example, to secure a balance sheet account to be associated with the

balance sheet cost center or the corporate cost center only, you must include every possible combination then exclude the balance sheet account range for the cost center.

//

Qns50: Purpose of Cross Validation rule.You can use Cross Validation rule to perform certain validations in your

Accounting flex field. For example, u can use Cross Validation rule to secure all balancesheet account to be associated only with the balance sheet cost center, corporate costcenter and profit and loss account to be associated with the specific cost center other than

the corporate Center.

Qns51: What are types of segment for Descriptive Flexfield.Two types

1). Global segments



2). Context-sensitive segment.

Global Segment: Global segment maps one to one to a database column. DFF segmentstored in ATTRIBUTE. Global segment always displayed in a descriptive flex field.

Context-Sensitive Segment: Context sensitive segment can share a single databasecolumn because the context – sensitive will be mutually exclusive and will never overlap.

Qns52: What is Key Flexfield in AP, AR, GL.

Key Flexfield in GL:

1. Accounting Flexfield.

Accounting Flexfield is chart of account flex field.It is used for identifying an account combination.

It must have a balancing segment, cost center segment, Natural

account segment.

Combination table in Acct. FF: GL_CODE_COMBINATION_ID.Structure column: chart_of_accounts_id.

Maximum number of Segments: 30.

Key flex field in AR :

1. Sales Tax Location Flexfield

2. Territory Flexfield

Sales Tax Location Flexfield:

• To calculate sales tax.

• Combination table:

AR_LOCATION_COMBINATION• Max number of segment: 10

Territory Flexfield: o This is used to group territories according to

company needs.o Combination table: RA_TERRITORIES.

Qns53: What is purpose of Token Field.

To define parameter name defined in oracle reports.

Qns54: What is Template form?Template form is the starting point for all development of new form.

Start developing new form by copying template.fmb file located inAU_TOP/forms/us to local directory and renaming it as appropriate.

Template Form Contains

• Several libraries like FNDSQF, APPDAYPK, andAPPCORE.

• STANDARD_TOOLBAR, STANDARD_CALENDER



• Several form level trigger with required code.

Qns55: What are Handlers?

Oracle application uses group of packaged procedure called handlers, to organize

PL/SQL code in the form so that it is easier to develop, maintain and debug.

Types Of handler: 1). Item handler

2). Event handler 3). Table handler.

Item handler: An item handler is a PL/SQL Procedure.That encapsulates all of the code that acts upon an item.

Event handler: An item handler is a PL/SQL Procedure.

That encapsulates all of the code that acts upon an event.

Table handler: An item handler is a PL/SQL Procedure.

That manages interaction between block and base table.

Qns56: What is Appstand Form.Appstand form contains the Following.

1). Object Group STANDARD_PC_AND_VA

Which contain the visual attribute and property class.2). Object group STANDARD_TOOLBAR which contains the windows

Canvasses blocks and item of application toolbar.

3). Object group STANDARD_CALENDER which contains the windowsCanvasses blocks and item of application calendar.

4). Object groups QUERY_FIND, which contains a window, blocks and item

Used as a starting point for coding a find window.

Qns56: What is set of books.

Ans56: A financial reporting entity that uses a particular chart of accounts, functionalcurrency and accounting calendar. You must define at least one set of books for each

business location.

Qns57: what are four options that are tied to defined set of books.

Ans57: 1. Standard option (supenseposting, automatic posting, Average

Balance posting)

2). Average Balance option.

3). Budgetary control option.4). Reporting Currency option.

Qns58: What is FSG.

Ans58: A powerful and flexible tool you can use to build your own custom

Reports without programming.

Qns59: What are the components of FSG?



Ans59: 1). Row set

2). Column set

3). Row order 4). Display set

5). Content set.

Qns60: What is MRC.

Ans60: The Multi Reporting Currency Feature allows u to report

And maintain records at the transaction level in more than oneFunctional currency. You can do by defining one or more set of books in

Addition to primary set of books.

Qns61: What are Alerts.Ans61: Oracle alert is an application module that reports exception actions

Based on the detected exceptions. U can create alert when specific event

Occur or that run periodically.

Oracle alert provides a reliable way to monitor databaseActivity. As well as keeping u informed of unusual condition.

U can monitor your business performance through alerts.

Qns62: Types of alerts?

Ans62: Two types of alerts.

1. Event alert2. Periodic Alert

Event alerts: An event alert is a database trigger that notifies u when

A specified database event occurs and a particular condition is met.Periodic event: A periodic alert on the other hand is not immediate.

It is executed according to a predefined frequency

.

Qns63: What are three alert action types?

Ans63: 1. Detail (An action defined at detail level is initiated once for Each exception found. – Meaning once for each row

Returned by the select statement in the alert definition.

2). Summary (An exception defined at the summary level is initiated

Once for all exceptions found or once for each uniqueOutput combination.)

3). No Exception (An action defined at the no-exception level is initiatedOnce if no data is returned from the select statement).

Qns64: What are the advantages of alert.Ans64: 1). Integration with email.

2). Automatic processing

3). Performing routine transactions

4). Maintaining information flow without a paper trail.



Qns65: What is Currency.

Ans65: Two types of Currency.1). Foreign Currency: A currency that you define for your set of books for

Recording and conducting accounting transactions in a

Currency other than your functional currency

2). Functional Currency: The principal currency you use to record transactionsAnd maintain accounting data within General

Ledger. The functional currency is usually the

Currency in which you perform most of your

Business transactions. You specify the functionalCurrency for each set of books in the Set of

Books window.

Qns66: Types of matching.Ans66: Two way Matching: The process of verifying that purchase order and invoice

information matches within accepted tolerance levels. Payables uses the followingcriteria to verify two-way matching:

Invoice price <= Order price

Quantity billed <= Quantity ordered

Three way matching: The process of verifying that purchase order, invoice, and

receiving information matches within accepted tolerance levels. Payables uses the

following criteria to verify three-way matching:Invoice price <= Purchase Order price


Quantity billed <= Quantity received

Four way Matching: The process of verifying that purchase order, invoice, and

receiving information matches within accepted tolerance levels. Payables uses thefollowing criteria to verify four-way matching:

Invoice price <= Order price


Quantity billed <= Quantity receivedQuantity billed <= Quantity accepted

Qns67: What is the difference between Master table, setup table, and transaction table.Ans 67: Master table: Created in any module and accessible across the application.

Like GL_CODE_COMBINATIONS, GL_SET_OF_BOOKS. //

Transaction –Table: transaction tables are tables that store day-to-day transactionData. Such as payable invoice, receivable invoice.

Set-Up table: Created once with in Application. Like FND_CURRENCY.



Qns68: Name Few Master tables, Set up table I, transaction table in AP, AR, GL.

Ans68:

Module

Name

Master table setup table Transaction table

GL 1.GL_SET_OF_BOOKS

2.GL_CODE_COMBINATIONS

FND_CURRENCY GL_JE_LINES

GL_JE_HEADRESGL_JE_BATCHESGL_interface

GL_CONSOLIDATION

GL_SUSPENSE_ACCOUNTS

GL_INTERCOMPANY_ACCO

AP PO_VENDORS

AP_BANK_BRANCHESPO_VENDOR_SITES

AP_HOLD_CODES

FND_CURRENCY AP_BATCHES_ALL

AP_INVOICE_ALLAP_DISTRIBUTION_ALL

AP_CHECKS_ALL

AP_PAYMENTS_HISTOTRY

AR HZ_CUST_ACCOUNT FND_CURRENCY AR_ADJUSTEMENT_ALLAR_PAYMENTS_SCHEDULE

AR_CASH_RECEIPT_ALL

AR_DISTRIDUTION_ALL

AR_RECEIVABLE_APPLICAALL.

Qns69: What do u means by FIFO pick and FIFO ship.Ans69: FIFO pick: First in first out. (Order comes from customer).

FIFO ship: order ship to customer.

Qns70: Difference between SC and NCA.

Ans70:

SC NCA

1. SMART CLIENT 1. Network computing Architecture

2. No form server in SC. All form is in

directory, which is on the client.

2. Forms are in the server. Thus making

security higher.

Qns71: What is first step in GL.

Ans71: Creating chart of account. //

Qns72: What are standard reports in GL?



Ans72: Trial Balance Report

Journal Report

FSG REPORT // fsg report is used to createa report with out coding . so, where we will use this one in gl

Account Analysis Report.

Qns73: What are standard reports in AP?

Ans73: 1. Supplier Report

2). Payment Report

Qns74: What are standards reports in AR.Ans74: 1. Tax Report 2. Customer Profile Report

3. Aging Report 4. Dunning Letter Report

Qns75.What are customer table, transaction table, and Receipt table in AR.

Ans75:

Module Customer Table Transaction Table

AR HZ_CUST_PROFILE_CLASSHZ_CUST_PROF_CLASS_AMTS

HZ_CUSTOMERS_PROFILES

HZ_CUST_PROFILE_AMTS

HZ_CUST_ACCOUNTSHZ_CUST_ACCT_SITES_ALL

HZ_CUST_CONTACT_POINTSHZ_CUST_ACCT_RELATES_ALL

HZ_CUST_SITES_USES_ALL

RA_CUTOMER_TRX_ALLRA_CUSTOMER_TRX_LINES_ALL

RA_CUST_TRX_TYPES_ALL

RA_CUST_TRX_LINE_SALESREPS

_ALL

RECEIPT Table

AR_CASH_RECEIPTS_ALLAR_RECEIPT_METHOD

AR_CASH_RECEIPT_HISTORY_ALLAR_INTERIM_CASH_RECEIPT_ALL

Qns76: What is Custom-Library.Ans76: The custom library allows extension of oracle application without modification

Of oracle application code. U can use the custom library for customization

Such as zoom (moving to another form), enforcing business rule (for example



Vendor name must be in uppercase letters) and disabling field that do not apply

For your site.

Custom library is placed in AU_TOP / resource directory.

Event Passed to Custom-Library:

1). WHEN_FORM_NAVIGATE2). WHEN_NEW_FORM_INSTANCE

3). WHEN_NEW_BLOCK_INSTANCE

4). WHEN_NEW_RECORD_INSTANCE5). WHEN_NEW_ITEM_INSTANCE.

Qns78: What is the Component of alerts.

Ans78: 1. Message2.SQL SCRIPT

3.Operating system script

4. Concurrent request.

Qns79: What is difference between charge back and adjustment.Ans79:

CHARGEBACK ADJUSTMENT

A new debit item that u assign to your

customer closing an existing, outstanding

debit item.

A receivable feature that allows u to

increase or decrease the amount due of

your invoice, debit memos, charge back.

Qns80: What are types of invoice.Ans80:

TYPES OF INVOICESNINE Type:

Standard

Credit memoDebit memo

Expense Report

PO defaultPrepayment

Quick match

Withholding taxMixed

Qns81: What are sub modules in Financials?

Ans81:

Sub module in Financials

GLAP

AR



FA

CM (cash management)Financial Analyzer

Qns82: Concept of Multiorganisation, Explain.

Ans82: Multi organization allows u to setup multiple legal entitiesWithin a single installation of oracle applications.

ARCHITECTURE OF MULTIPLE ORGANISATIONS

Set of books: Within one set of books u may define one or more legal entities.

LEGAL ENTITY: each legal entity has its own employer tax identification number.

And prepare its own tax forms. Each legal entity has its own

Tax forms. Each legal entity has its own set of federal tax rule,State tax rule and local tax rule. Legal entities consist of one or

More operating units.

Operating unit: operating units’ represents buying and selling units with in your Organization. Oracle order Entry, Oracle receivables, Oracle Purchasing,

And Oracle Payables.

Inventory Organization: an Inventory organization is a unit that has inventoryTransactions. Possibly manufactures and or distribute products.

SET of Books

Legal Entity

Operating Unit Operating Unit

Inventory Organization Inventory

Organisation

Inventory

Organisation



Qns83: How will u attach SOB? //

Ans83: STEP1: Create a new Responsibility.

(NsecurityResponsibilityDefine).

STEP2: Attach the new responsibility to an existing user.

STEP3: Defining a new Period Type.

STEP4: Defining an accounting calendar.STEP5: Defining a set of books.

STEP6: Attach the set of books to your responsibility.(NProfileSystem)

STEP7: Signing on as new responsibility.

Qns84: What are key functions provided by Oracle General Ledger.

Ans84:

Function Provided by GL

General AccountingBudgeting

Multiple Currencies

Intercompany AccountingCost Accounting

Consolidation

Financial Reporting

Qns85: What do u means by cost center?

Ans85: COST center gives the information about investment and returnsOn different projects.

Qns86: what is Fiscal Year.Ans86: Any yearly accounting Period without relationship to a calendar year.

Qns87: What is Credit-memo?Ans87: A document that partially or reverse an original invoice.

Qns88: How data is transferred from legacy system to Oracleapps table.

Ans88: A system other than oracle apps system is called legacy System.

PL/SQL import/export

SQL*Loader PL/SQL

Legacy system

oracle D/B

Interface Table Oracle apps

table

gacy system

n oracle

Temporary table Interface table



Qns89: What is Chart of Accounts?

Ans89: The account structure your organization uses to record transaction and maintain

Account balances.

Qns90: What are different types of budgets.

Ans90:

Types of BudgetsOperating

Capital

Master Production Schedule

VariableTime-Phased

Qns91: How others modules are integrate through GL.

Ans91: Integration of module With GL //what is themain role of Encumbrance in Oracle apps? How it is linked up with the gl? What are the

coloumns we need to integrate them ?

Addition,depreciation

Journal entries from other system

Encumbrance

Oracle apps table.

GL

Feeder System

Purchasing

ASSET/FA



Invoice Inventory

Invoice

Payment Sales/Receipt UnbilledReceivable

Qns92: Explain Payable Cycles:

Ans92: Four steps in AP Cycle

Matches with PO.

Purc Journal entries goes to GL

InventoryOEAR AP

ENTER

INVOICE

APPROVE

INVOICE

PAY INVOICE

BANK

STATEMENT

PO

Supplier

GL



PAYABLE CYCLE

Four steps in Payable Cycles:

STEP1: Enter Invoice (this process may or may not include matching each invoice with

PO).STEP2: Approve invoice payment.

STEP3: Select and pay approval invoices.

STEP4: Reconcile the payment with bank statement.

Qns93: Explain AR Cycle.Ans93:

Invoice is sent to customer

Transaction is recorded in GL

payment isrecorded inGL

INVOICE

Customer

send

payment

GL

Customer

Send no pay,men

Then

telephoniccall is made

Dunning

letter are

sent

Statement is

sent

To customer

Finally

Debt is passed

to collectionagency.

Payme

ntIs

deposit

ed



OR

`

if it fails



Qns 94: Explain receipt, payment?

Ans94:Receipt Payment

Qns95: AGING BUCKETS?

A. Time periods you define to age your debit items. Aging buckets are used in the Aging

reports to see both current and outstanding debit items. For example, you can define anaging bucket that includes all debit items that are 1 to 30 days past due.

Payables uses the aging buckets you define for its Invoice Aging Report

Q96. CREDIT INVOICE?

A. An invoice you receive from a supplier representing a credit amount that the supplier

owes to you. A credit invoice can represent a quantity credit or a price reduction.

Q97. CREDIT MEMO?A document that partially or fully reverses an original invoice.

Q98.CUTOFF DAY

OEAR

GL

PO

AP

GL



The day of the month that determines when an invoice with proximate payment terms is

due. For example, if it is January and the cutoff day is the 10th, invoices dated before or

on January 10 are due in the next billing period; invoices dated after the 10th are due inthe following period.

Q99. DEBIT INVOICE?A. An invoice you generate to send to a supplier representing a credit amount that the

supplier owes to you. A debit invoice can represent a quantity credit or a price reduction.

Q100. JOURNAL ENTRY HEADER/S?

A. A method used to group journal entries by currency and journal entry category within

a journal entry batch. When you initiate the transfer of invoices or payments to your general ledger for posting, Payables transfers the necessary information to create journal

entry headers for the information you transfer. Journal Import in General Ledger uses the

information to create a journal entry header for each currency and journal entry categoryin a journal entry batch. A journal entry batch can have multiple journal entry headers.

39752958-apps-basic flow in financials

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