Q1: Difference between customization, enhancement and implementation?
Ans: Customization: Customization is the developing of the forms, reports and SQL script from the beginning or changing the existing.
Enhancement: Enhancement is the modification of forms & Other components according to client user requirement.
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:
Component for existing Oracle applications and develop new application using the
Development feature of AOL (Application object Library).
Customization by extensions means Copying an Existing 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 Forms
2) . Validation logic
3) . Behavior
TYPE2: # Changing Report or Program
1) . Appearance
2) . 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
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 is an ERP Package. The Key Feature of all the oracle-Application
module 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.
Transaction data is Integrated: Oracle automatically bridge transactions from one system to another.
Financial data is integrated: Financial data is carried in a common format, and financial data is transmitted from one application to another.
Q7: What is ad-hoc Report?
Ans: Ad-hoc Report is made to meet one-time reporting needs. Concerned with or formed for a particular purpose. For example, ad hoc tax codes or an ad hoc database query
Q8: What is Localization?
Ans: Localization is designed to meet the specific needs of certain territories or countries. Most localization is necessary because the local laws or accountings practice differ from country to country.
Region of Localization: Three Region of Localization.
1). EMEA REGION: Europe , Middle East , Asia pacific and Africa .
2). America Canada Latin America .
3). Global REGION: localization that applies territories through the world. For example
Localization used in both Europe and Latin America are classified in the Global Region.
Q9: Library used in Localization?
Ans: #Globe: Globe library allows Oracle Application developer to incorporate global
Or regional feature into oracle application forms without modification of
The base Oracle Application forms.
# JA: JA library contains codes specific to Asia\Pacific Region. And is called
Globe Library.
# JE: JA library contains codes specific to EMEA Region. And is called
By Globe Library.
# JL: The JL Library contains code specific to Latin America Region.
And is called by Globe Library.
Q10: How forms are attached.
Ans: STEP- ONE: First put the form in corresponding module like AP, AR, GL
In appropriate server directory.
STEP-TWO: Second step register form with AOL.
STEP-THREE: Attach form with Function.
STEP-FOUR: Attach function with menu.
STEP-FIVE: Attach menu with responsibility.
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. (NavigatoràConcurrentàProgram
àExecutables)
STEP-FOUR: Define Program (Concurrent à Program à Define)
STEP_FIVE: Define Responsibility (Sysadmin responsibility).
(SecurityàResponsibilityà Define).
STEP-SIX: Define Request Group. (Navigatoràsecurity
àResponsibilityàRequest)
STEP-SEVEN: Define Data Group. (Navigatorà oracleàData group).
STEP-EIGHT: Run the request through SRS. A request Id is created
Through which u can view the request.
Q12: 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).
Q13: What is main workflow Component?
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.
Q14: What are Interface table in AP, AR & GL?
Ans:
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_ERRORS
5). RA_CUSTOMERS_INTERFACE_ALL
6). RA_INTERFACE_DISTRIBUTIONS_ALL
7). 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_INTERFACE
4). GL_INTERFACE
5). GL_INTERFACE_CONTROL
6). GL_INTERFACE_HISTORY
Q15 Total numbers of Tables in AP, AR, GL?
Ans; APà 173
ARà 294
GLà 165
FAà 160
POà 132
OEà 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). Projects
2). 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 line
Step8: Complete order
Q19: What is AU_TOP.
Ans: 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?
Ans: 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?
Ans: No, we can make only reports.
Q22: If Period is closed how we can enter transactions? (Doubt)
Ans: No, we cannot enter transaction.
Q23: what is SQl*Loader?
Ans: 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 the
SQL* Loader.
Q24: How can u relate order management with AR?
Ans: 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_CREATED
3). CURRENCY_CODE
4). DATE_CREATED
5). CREATED_BY
6). CURRENCY_CONVERSION_DATE
6). CURRENCY_CONVERSION_DATE
7). ENCUMBRANCE_TYPE_ID
8). BUDGET_VERSION_ID
9). CURRENCY_CONVERSION_RATE
8). BUDGET_VERSION_ID
9). CURRENCY_CONVERSION_RATE
10). ACCOUNTED_DR
11).ACCOUNTED_CR
12).TRANSACTION_DATE
11).ACCOUNTED_CR
12).TRANSACTION_DATE
Q26: In which directory u store your custom form?
Ans:
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 US
Directory. Where we stand forms.
Q27: Who is Holder of Alerts?
Ans: ALERT Manager.
Q28: Steps for upgradation of 11 to 11i?
Ans28: 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
Ans28: 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 data
Before 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 U Can u attaches 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 the original 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
Structure 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?
Ans42: 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?
Ans 43: Each Segment represents an element of your business structure
Such as Employee, Cost Center
Multiple Field. A segment is a single field with in a Flexfield.
Qns44: What do u means by Value set?
Ans 44: 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?
Ans45: Value for each segment of flex field.
Qns46: What is 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
Flexfield to uniquely identifies a general account.
Descriptive Flexfield: # To Capture additional information.
# To provide expansion space on your form
With 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 field Qualifier and segment Qualifier | 3. Context-sensitive flex field is a feature of DFF.(descriptive flex field) |
Qns48: Difference between Flexfield Qualifier and Segment Qualifier.
Ans48: Flexfield qualifier is used to identify a particular segment within a Key flexfield.
While segment qualifier is used to capture value for any particular Segment.
Qns49: What is Cross Validation Rule?
Ans 49: 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-validation
Rule 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,U must include every possible combination then exclude the balance Sheet account range for the cost center.
Qns50: Purpose of Cross Validation rule.
Ans50: u 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 balance sheet account to be associated only with the balance Sheet cost center, corporate cost center 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.
Ans51: Two types
1). Global segments
2). Context-sensitive segment.
Global Segment: global segment maps one to one to a database column.
DFF segment stored in ATTRIBUTE. Global segment always
Displayed in a descriptive flex field.
Context-Sensitive Segment: Context sensitive segment can share a single database
Column because the context – sensitive will be Mutually exclusive and will never overlap.
Qns52: What is Key Flexfield in AP, AR, GL.
Ans52: Key Flexfield in GL: 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: This is used to group territories according to company needs
Combination table: RA_TERRITORIES.
Qns53: What is purpose of Token Field.
Ans53: To define parameter name defined in oracle reports.
Qns54: What is Template form?
Ans54 Template form is the starting point for all development of new form.
Start developing new form by copying template.fmb file located in
AU_TOP/forms/us to local directory and renaming it as appropriate.
Template Form Contains
--Several libraries like FNDSQF, APPDAYPK, and APPCORE.
--STANDARD_TOOLBAR, STANDARD_CALENDER
--Several form level trigger with required code.
Qns55: What are Handlers?
Ans55: 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.
Ans56: 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 windows
Canvasses 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, functional currency 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.
ns58: 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 one Functional currency. You can do by defining one or more set of books in adition to primary set of books.
Qns61: What are Alerts.
Ans61: Oracle alert is an application module that reports exception actions based on detected exceptions. U can create alert when specific event occur or that run periodically. Oracle alert provides a reliable way to monitor database activity. As well as keeping u informed of unusual condition. We can monitor your business performance through alerts.
Qns62: Types of alerts?
Ans62: Two types of alerts.
1. Event alert
2. 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 atdetail 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 unique output combination.)
3). No Exception (An action defined at the no-exception level is initiated once 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 transactions and
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 functional currency 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 following criteria to verify two-way matching:
Invoice price <= Order price
Quantity billed <= Quantity ordered
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 ordered
Quantity billed <= Quantity received
Invoice price <= Purchase Order price
Quantity billed <= Quantity ordered
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 the following criteria to verify four-way matching:
Invoice price <= Order price
Quantity billed <= Quantity ordered
Quantity billed <= Quantity received
Quantity billed <= Quantity accepted
Invoice price <= Order price
Quantity billed <= Quantity ordered
Quantity billed <= Quantity received
Quantity 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 transaction
Data. Such as payable invoice, receivable invoice.
Set-Up table: Created once with in Application. Like FND_CURRENCY.
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_HEADRES GL_JE_BATCHES GL_interface GL_CONSOLIDATION GL_SUSPENSE_ACCOUNTS GL_INTERCOMPANY_ACCOUNTS |
AP | PO_VENDORS AP_BANK_BRANCHES PO_VENDOR_SITES AP_HOLD_CODES | FND_CURRENCY | AP_BATCHES_ALL AP_INVOICE_ALL AP_DISTRIBUTION_ALL AP_CHECKS_ALL AP_PAYMENTS_HISTOTRY_ALL |
AR | HZ_CUST_ACCOUNT | FND_CURRENCY | AR_ADJUSTEMENT_ALL AR_PAYMENTS_SCHEDULE_ALL AR_CASH_RECEIPT_ALL AR_DISTRIDUTION_ALL AR_RECEIVABLE_APPLICATION_ALL. |
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
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.
Ans
Module | Customer Table | Transaction Table | ||
AR | HZ_CUST_PROFILE_CLASS HZ_CUST_PROF_CLASS_AMTS HZ_CUSTOMERS_PROFILES HZ_CUST_PROFILE_AMTS HZ_CUST_ACCOUNTS HZ_CUST_ACCT_SITES_ALL HZ_CUST_CONTACT_POINTS HZ_CUST_ACCT_RELATES_ALL HZ_CUST_SITES_USES_ALL | RA_CUTOMER_TRX_ALL RA_CUSTOMER_TRX_LINES_ALL RA_CUST_TRX_TYPES_ALL RA_CUST_TRX_LINE_SALESREPS_ALL | ||
RECEIPT Table |
AR_CASH_RECEIPTS_ALL AR_RECEIPT_METHOD AR_CASH_RECEIPT_HISTORY_ALL AR_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_NAVIGATE
2). WHEN_NEW_FORM_INSTANCE
3). WHEN_NEW_BLOCK_INSTANCE
4). WHEN_NEW_RECORD_INSTANCE
5). WHEN_NEW_ITEM_INSTANCE.
Qns78: What is the Component of alerts.
Ans78: 1. Message
2.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 INVOICES |
NINE Type: Standard Credit memo Debit memo Expense Report PO default Prepayment Quick match Withholding tax Mixed |
Qns81: What are sub modules in Financials?
Ans81:
Sub module in Financials |
GL AP AR FA CM (cash management) Financial Analyzer |
Qns82: Concept of Multiorganisation, Explain?
Ans82: Multi organization allows u to setup multiple legal entities within a single installation of oracle applications.
ARCHITECTURE OF MULTIPLE ORG ANISATIONS
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 inventory
transactions. Possibly manufactures and or distribute products.
Qns83: How will u attach SOB?
Ans83: STEP1: Create a new Responsibility.
(NàsecurityàResponsibilityàDefine).
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.(NàProfileàSystem)
STEP7: Signing on as new responsibility.
Qns84: What are key functions provided by Oracle General Ledger?
Ans84:
Function Provided by GL |
General Accounting Budgeting Multiple Currencies Intercompany Accounting Cost Accounting Consolidation Financial Reporting |
Qns85: What do u means by cost center?
Ans85: COST center gives the information about investment and returns on 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.
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 Budgets |
Operating Capital Master Production Schedule Variable Time-Phased |
Qns91: How others modules are integrate through GL.
Ans91: Integration of module With GL
Qns92: Explain Payable Cycles
Ans92: Four steps in AP Cycle
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
Qns95: AGING BUCKETS?
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 an aging 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?
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 in the 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 HEADERS?
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 category in a journal entry batch. A journal entry batch can have multiple journal entry headers.
Q101 What is Oracle Financials?
Oracle Financials products provide organizations with solutions to a wide range of long- and short-term accounting system issues. Regardless of the size of the business, Oracle Financials can meet accounting management demands with:
Oracle Assets: Ensures that an organization's property and equipment investment is accurate and that the correct asset tax accounting strategies are chosen.
Oracle General Ledger: Offers a complete solution to journal entry, budgeting, allocations, consolidation, and financial reporting needs.
Oracle Inventory: Helps an organization make better inventory decisions by minimizing stock and maximizing cash flow.
Oracle Order Entry: Provides organizations with a sophisticated order entry system for managing customer commitments.
Oracle Payables: Lets an organization process more invoices with fewer staff members and tighter controls. Helps save money through maximum discounts, bank float, and prevention of duplicate payment.
Oracle Personnel: Improves the management of employee- related issues by retaining and making available every form of personnel data.
Oracle Purchasing: Improves buying power, helps negotiate bigger discounts, eliminates paper flow, increases financial controls, and increases productivity.
Oracle Receivables:. Improves cash flow by letting an organization process more payments faster, without off-line research. Helps correctly account for cash, reduce outstanding receivables, and improve collection effectiveness.
Oracle Revenue Accounting gives organization timely and accurate revenue and flexible commissions reporting.
Oracle Sales Analysis: Allows for better forecasting, planning and reporting of sales information.
The General Ledger (GL) module is the basis for all other Oracle Financial modules. All other modules provide information to it. If you implement Oracle Financials, you should switch your current GL system first. GL is relatively easy to implement. You should go live with it first to give your implementation team a chance to be familiar with Oracle Financials.
Q103 What is MultiOrg and what is it used for?
MultiOrg allows multiple operating units and their relationships to be defined within a single installation of Oracle Applications. This keeps each operating unit's transaction data separate and secure. Use the following query to determine if MultiOrg is intalled: Select multi_org_flag from fnd_product_groups;
