Oracle Interview Answers

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Oracle Interview Answers


<p>Re: What are the matching Po options in AP Invoice Workbench and what is the different b\w them?there are 2 ways,3 ways and 4 ways matching for PO. In 2-way: what ever you have ordered for the PO you will make the payment for the suppliers in 2- way i.e we will compare two documents PO and Invoice. 2-way matching verifies that Purchase order and invoice information match within your tolerances: Quantity billed Tool&gt;Communicate functionality to send the PO to any one by Email Address. You can also have supplier role setup in iSupplier through which you can send the emails to supplier without any customization in Oracle Workflow</p> <p>Re: What is the different between 11i and R12 in oracle ?Multi-Org Access Control Ledger and Ledger Sets Subledger Accounting Tax Engine Intercompany Bank Model</p> <p>Re: How do i generate Taxes when i'm doing Return To Vendor Transaction?There is one option in the supplier for automatic credit memo when we reverse the grn</p> <p>Re: What is meant by Position Hierarchy and Supervisor Hierarchy ????* Position Hierarchy : X can see the position below him in the hierarchy . He can also see the reporting positions. Y has a second assignment for a different position . Because assignment-level security is disabled, X can see this assignment. X cannot see the positions below the position for Y second assignment. ** Supervisor Hierarchy : This means that when a manager logs on to Oracle HRMS, the application uses assignment or supervisor attributes to build a person tree with the manager at the top level. The person tree shows the direct reports for the manager and also any direct reports at lower levels of the hierarchy to which the manager has access. The structure of the person tree depends on whether you are using an assignment-based or person-based supervisor security profile</p> <p>Re: Can i assign a supplier type of bank account to more than one supplier ?Yes..we can assign the supplier bank account to more than one supplier. For this, we have to enable the "allow assignment to multiple suppliers" option at bank account level. In R12 the bank model is totally changed. &gt; Centralized bank model. &gt; Banks are at LE level unlike OU level in 11i &gt; There is no concept of supplier or customer. Instead called as "Trading Partner" (naming convention). &gt;A Trading Partner can be a Seller (supplier) or a buyer(customer) for the organization. &gt; A bank can be used for both AP and AR or any of these modules. Hope this brief points can help you.</p> <p>Re: Which interface tables are used for Invoice Import , give the important columns?Interface Tables are: AP_INVOICES_INTERFACE Important Columns are: INVOICE_ID, GL_DATE, INVOICE_AMOUNT, INVOICE_DATE, INVOICE_NUM, INVOICE_TYPE_LOOKUP_CODE, ORG_ID, TERMS_ID, VENDOR_ID, VENDOR_SITE_ID, ACCTS_PAY_CODE_COMBINATION_ID AP_INVOICE_LINES_INTERFACE Important Columns are: INVOICE_ID, INVOICE_LINE_ID, LINE_TYPE_LOOKUP_CODE, LINE_NUMBER, AMOUNT, ACCOUNTING_DATE, DIST_CODE_COMBINATION_ID, ORG_ID</p> <p>Re: Payment Methods?batches. electronic--- organisation makes payment through e-commerce gateway.they send file to bank and bank makes the payment to the suppier. wire---A payment method where you pay invoices outside of Payables by notifying your bank that you want to debit your account and credit your supplier's account with appropriate funds.</p> <p>Re: I paid 10,000 Rs in advance to the employee for meeting his expenses. The employee met only 5000</p> <p>expenses and the remaining 5000 he has to retern to the company. How will you define it.Employeer is defined as Supplier in expenses so we need to create Credi memo for that remaining 5000 amount.</p> <p>Re: What is meant by pay on receipt auto invoice?Pay on Receipt- You can enter this if the supplier site is a purchasing site. If you want to use the Pay on Receipt AutoInvoice Program to automatically create invoices based on receipts you enter for this supplier site, enter Receipt. Navigation : Payables-&gt;Supplier-&gt;Supplier Sites-&gt;Purchasing&gt;Self Billing [DFF]. When option is enabled, Invoice will be created automatically at the time of receiving goods/receipt creation. This is a feature of AP to PO cycle.</p> <p>Re: What is the difference between Operating ID and Org. ID.Org_id: to represent Operating Unit Organization_id : to represent Inventory Org confirm</p> <p>Re: difference between manual payment and quick payment?Manual payment is used to pay the invoices manually using out checks,whereas quick payments are made thru EDI/EFT or inside clearing or bank transfers in a batch</p> <p>Re: Why shud we run Expense report import programme in AP..where are we importing from??To import the expense invoice details from 'Expense report' window to 'Invoice' workbench. Once we enter the expense details in expense window we need to generate one standard invoice based on the expense information. Unless we can't convert the expense report as std invoice we can't pay to the emp. As it's a std application feature , without invoice we can't make a single payment in application. Expense report is also just like another source (internal), to create std invoice from expense report we need to run the 'Payable invoice import program' (parameter source as 'Expense report').</p> <p>Re: What is meant by void payments?void means useless. u can use void funtion after payment of invoice, so when u void a payament payables automatically reverses the accounting. void payments restrictions</p> <p>-------------------------1. when payment paid by third party. 2. when payment got clearence from bank 3. when the related invoices has prepayment to it. 4. partially paid</p> <p>in adjestment period what type of adjustment we will do?interest on income will come in adjusting period Once Calander is set for 12 months we cannot change it. If you change one "C" you will have problem in SOB.</p> <p>Re: different phases of aim methodologyDIFINATION PHASE OPERATION ANALYSIS SOLUTION DESIGN BUILD TRANSITION PRODUCTION</p> <p>Re: purchasing and payables done at what level? means operating unit level or SOB level?The modules like po, ap,ar are come under operating level this modules are also called multiorgmodules because this modules table have column ord_id and have multiple organization information. _all is last we can identify is multiorgtable</p> <p>Re: purchasing and payables done at what level? means operating unit level or SOB level?HR - Business Group level GL, FA - Legal Entity Level AP, AR, Purchasing - Operating Unit Level Inventory - Inventory Unit Level</p> <p>Re: What is Interest Invoice and how it can be created?Created automatically by payables, for the amount of interest calculated on the overdue amount of an oirginal invoice, for the overdue period. these types of invoice cannot be manuaaly created.</p> <p>Re: What are the different types of Value sets (or) Validation types ?The Validation type are 8 types 1. 2. 3. 4. 5. 6. Idipendent Dependent None Special Table Pair</p> <p>7. Translatable Indipendent 8. Transatable dependent</p> <p>Re: What is the purpose of MO: Security Option profile option ?MO:Operating Unit Profile Option is used to Link Responsiblity with Operating unit. MO: Security Profile option is used to enable "MOAC" - Multi-Org Access Control. Example Case:Payment manager wants to pay for 2 different OUs. In 11i: -------* We should have 2 different responsibility. ie.,OU1_payables manager &amp; OU2_Payables manager. * These responsibilities has to be assigned to that particular user (Payment manager) * That particular user (Payment manager) will login to the OU1_payables manager responsibility and does the payment. *Similarly, will login to the OU2_payables manager responsibility and does the payment. In R12: ------* Create only one responsibility. say, Payables manager resposibility. * Assign this responsibility to the user (payment manager) * Define a 'security profile' in HR in which you will attach the OUs that needs MOAC (Multi-Org Access Control) * Now go into the " MO: Security Profile" option and attache that 'security profile' at responsibilty level. * Now the user can access two different OUs and make payments, sitting at a single responsibility without changing the responsibility. I hope it will help you.</p> <p>Re: How to transfer the funds between internal banksIn Cash Management Module u can transfer funds between internal banks In R12 Cash Management module, This can be done. There is an option called " Bank Account Transfers", through which you can do fund transfer between two internal banks. To Do: 1. Cash Management &gt; Bank Account Transfers 2. Click on 'Create' button. 3. Give details of transfer date &amp; transfer amount</p> <p>4. Enter the Source Bank account Number 5. Enter the Destination Bank Account Number 6. Apply.</p> <p>Re: Why Retained Earning Account is necessary for the set of book creation while implementing oracle new business.HI,RETAINED EARNING IS AN ACCOUNT WHICH BELONGS TO FUND BALANCE QUALIFIER.AT THE TIME OF YEAR END CLOSING WE NEED TO TRANSFER THE DIFFERENCE BETWEEN REVENUE AND EXPENDITURE TO RETAINED EARNING ACCOUNT then where the difference of Earning and expenditure will go. This account is also called as Profit and Loss account (P&amp;L). As the balance in this account reflect the Profit and loss of company.</p> <p>Re: What all elements is set for the Responsibilities ?data group requst group menu</p> <p>Re: Can I find out which invoices are matched to a PO?To find Invoices(more then one) to a particular PO going by screen would be tedious. This can be done by a simple SQL on AP_INVOICES_LINES_ALL where po_header_id is equal to the PO in question. This should list all the invoice lines.</p> <p>Re: What are the mandatory setups in AP?there are nearly 7 to 8 setups which are mandatory financial options ---- where we define the mandatory accounts 1. liability 2. discount taken 3. prepayment if u r not using INVENTORY OR IF THE OR IS NOT HAVING MULTI ORG STRUCTURE THIS IS OPTIONAL payables option, supplier &amp; bank. control payables periods. bank format. payment terms distrubution are also optional u can carry work with out defining. There are several mandatary steps in AP 1. Set up Payables Options 2. Bank 3. Supplier (Site level information) 4. Open payables Period</p> <p>5. Payment Terms 6. Payment Method 7. Distribuation Set</p> <p>Re: What difference between position hierarchy and Employee Hierarchy ?in Oracle there are 2 types of approval heirarchies which are as follows: 1. Employee or Supervisor relationships. If you choose to use employee/supervisor relationships, you define your approval routing structures as you enter employees using the Enter Person window. In this case, Purchasing does not require that you set up positions. For example when you enter an employee in HR you will also enter his supervisor.Now in PO if the employee is a buyer then approver will be his supervisor. 2. Position Hierarchy If you choose to use position hierarchies, you must set up both jobs and positions. While positions and position hierarchies require more initial effort to set up, they are easy to maintain and allow you to define approval routing structures that remain stable regardless of how frequently individual employees leave your organization or relocate within it. 1. Position Approval hierarchy Position Hierarchies are hierarchies that have a position relationship. By position, we mean position that are attached to employees. Purchasing utilizes positions as a roadmap to determine how and where documents will be routed once the approval process has been initiated. It is first necessary to have created all positions that are going to be used in the system. Once all positions have been created, it is necessary to build the position hierarchy. Each position has approval limits, so when a purchase order exceeds the limits of the position, the purchase order is forwarded onto the next position in the Hierarchy. 2. Employee/Supervisor approval hierarchy Employee/Supervisor approval hierarchy uses the employeesupervisor relationships. To implement this form of approval routing, you need only to define jobs. The job will then serve as the tie to the Approval group, and based on the approval limits from the Approval Group, the Document will either be Approved or Forwarded to the Employees Supervisor. If no Supervisor is able to be located and the jobassigned to the employee does not have Approval Authority, then the Approving employee must enter a Forward-to person, or the Document will be returned to an Incomplete status and a notification will be sent to the Approving employee, stating - 'No Approver</p> <p>Found'</p> <p>Re: What is Zero-Payment in APThere are certain cirumstances wherein we record a debit memo to reduce the laibility, (What ever may be the reason) though the payable balance decreses, the invoice still shows the orginal amount to be paid, to correct this position we make a zero payment and account is nullified. In order to do this we need to enable Zero payments Check box at Bank Account Defnition. site,payment batch will pick up standard invoices as well as debit memos created for the same supplier site. It may happen that invoice amount is exactly equal to the debit memo amount so at the time of payment confirmation there will not be any amount to pay but still it will be registered as a zero payment to track the accounting entries in the payable accounting. At the time of GL transfer it will also get reflected for that specific liability account. Enable Allow Zero Payment checkbox at the bank account level first.</p> <p>Re: Can anybody tell me, What is the Implementation Process?Implementations process as follows: 1.Definitions phase in this phase the project team plan the implementations project and the project team oraganised.kick of meeting between superuser,key user and Imp is just introductions phase. 2.Operations and Analysis Phase AS IS STUDY AND TO BE STUDY DO DONE and GAP is defined BP40,BP80,RD10,RD20,RD50 AIM's Docs prepare. 3.Solutions design. High Gap level find out and full fill the GAP to done Workround and Customaizations.Business Requirements Map to Applications. BR10,BR30,MD50,MD70 to be prepared. 4.Build Phase Develop the development instance and Test instance such as BR100,TE20,TE50 to be prepared 5.Transitions Testing done in test Instance CRP will done. UAT will done. sucessfull done in UAT,it goes to LIVE Find data migrations. support to Post Productions for particular period.(as per customer discussion)</p> <p>Re: What in Invoice Variance in A.P.What is Invoice Variance in Accounts Payable ?</p> <p>Invoice Variance is the difference between the Supplier Invoie and a mix of PO and GRN. What does it mean is that when a supplier's invoice is recorded in the system, system automatically compares it with the Price of PO and the Quantity of GRN. Any difference between the purchase price in PO and Price in Supplier's Invoice, plus the difference between the GRN Qty. and the Invoice Qty. toh=gether makes Invoice Variance.</p> <p>Re: what is a flexfield qualifier ?A flexfield is made of s...</p>