AP/AR/GL/FA/CM
1) What are
cycles of GL, AP, and AR?
2) What id
recurring invoices? What are AP setup steps?
3) Interface
of the transactions from legacy system to ERP – Conversion Strategy Methodology?
4) What Sub
ledgers does Oracle General Ledger 11i Drilldown support?
5) What dependencies
have to be loaded to with regard to the future transactions or for upload of
Open Transactions in AR?
6) What is
an invoice? How many types of invoices are there in AP and AR?
7) What
strategy would be adopted to upload the total transactions – open & closed
– specifically with regard to the upload of closed AP Invoices, Purchase
Orders, and Sales Orders?
8) Explain
in brief how the Reconciliation process works in AP & AR?
9) What
are different types of journal entries?
10) Whether
the closed Purchase Orders can be uploaded with back date in PO and also the
Sales Orders with back dated – whether the system would permit – what is the
methodology?
11) How
is a ‘Specific Transaction’ is entered in AR for which the Auto-Accounting /
i.e. overriding an Auto Accounting rule set?
12) In
case we need to restrict the List of segment Values of Chart of Accounts to the
users – methodology – Security Rules / Cross Validations?
13) What
is the functionality of the Dependent Value Set?
14) How
purchase ordered entered in Oracle11i AP module.
15) Why
not a Dependent Value Set should is used?
16) What
are the different scenarios of Revenue Recognition in AR and the Accounting
Entries, Is it possible to define a Event Based Revenue Recognition instead of
‘Period Based’ Revenue Recognition?
17) Once
we receive the material what is the entry in Oracle Apps AP?
18) How
are the Cross Currency Payments made in AP?
19) How
the historical data is loaded in all the sub ledgers & as well as GL – do
we need to have a separate conversion control account for each of the
historical transactions in all the sub ledgers?
20) How
are the open GL Balances loaded & reconciled?
21) Why
a ‘Transaction Type’ does post to GL ‘NO’ is used?
22) How are the Receipt Classes works
in AR?
23) Can
we associate Multiple Receipt Classes to a single Payment Method?
24) How
is the Automatic Payment Program function in AR?
25) Explain
the Auto-accounting feature in AR How it works?
26) What
are the standard programs for Oracle GL, AP modules open interfaces?
27) Explain
the MRC Functionality?
28) If
MRC is in places and the dual currency reporting is not required – how is it
done?
29) How
do we import Bank Statement in Cash Management?
30) How
is the Asset Created through Accounts Payable Module?
31) How
FA Account Generator Works?
32) There
is one Account which needs to be defined completely with all the segments in
place which that Account – FA?
33) How
is the Asset Defined in FA?
OM
/ PO / INV
34) Which
attributes need to be checked in order to get the item in PO form?
35) Where do we setup Receiving A/c
(Inventory/Purchasing)?
36) Explain
Matching Concept – PO?
37) How
to get ‘Direct Receipts’ with 4 Way Match Option is in places
(Inventory/Purchasing)?
38) How
to receive items with less than PO price?
39) Where
does PPV & IPV get hit?
40) PO
Gain or Loss Account rate is used?
41) Methods
of Approvals in Purchasing?
42) Case
– ‘User A’ Approval Assignment is assigned to User B – How does it affect the
approval process?
43) How
to retrieve PO which is lost due to the above approval assignments?
44) What
are the different kinds of Purchase Orders?
45) How
does Internal Requisition works –setups?
46) When
you setup Shipping Network – What is direct / In-transit type – impact?
47) Does
it matter if Item is lot controlled in one and not lot controlled in another?
48) How
does material Overhead work?
49) How
does Drop Shipment process work?
50) After
doing purchase release, what happens if changes are made in order?
51) Any
Report on discrepancies between SO & PO?
52) Distribution
methodology of Drop shipment?
53) Do
PPV & IPV come into play for Drop Shipment?
54) Difference
between Delivery & Delivery Line?
55) What
does Release to Warehouse means?
GL
& SYS ADMIN
56) What
is Dependent Validation? When do you use it? Is it advisable to use while
defining your Account flex field? What could be the situation where you can use
it while defining the AFF?
57) What
are Security and Cross Validation Rules? How do you set them up?
58) How
do you setup document sequencing?
59) How
do associate the category and the sequence to the Transaction for which you are
defining the same in the first place?
AP
& PO
60) Why
is my purchase order closing before a receipt is processed?
61) Explain
the AP Invoice processing cycle right from Invoice creation to transfer to GL
in Release 11i?
62) Explain
the Payment Batch process in detail?
63) On
what parameters does the system build up the payment batch?
64) If
U wants to exclude payments to any particular supplier, how do you do it?
65) In
case U want to exclude payment to only one Invoice of any supplier, how do you
do it?
66) What
are the entries passed when an AP Invoice is created?
67) What
entries passed for the purchase of an Inventory Item from PO to Invoice?
68) Where
do you setup the AP Accrual account?
69) In
case the PO has 4 way matching and the Item has direct routing attached to it.
Then what entries are created when the
goods are received and invoiced?
70) What
is 4 ways matching?
71) Can
we make payment for a Yen Invoice from a USD Bank? If so how?
72) What
are EFT Payments, What is the Setup Involved and how the data gets transferred
to Bank?
73) Is
it possible to make a cross currency payment in AP?
74) In
case a foreign currency Invoice is paid, what are the entries passed?
75) From
where does the ship to site in the PO flow?
76) What
is ERS and what are the setups required for ERS?
AR
& OM
77) What
are the entries passed when U create an Invoice and receive payment for it in
AR?
78) Explain
all the entries from Receipt in AR to clearing in Cash Management?
79) How
do you setup automatic receipts in AR?
80) What
is a Lockbox? How do you set it up in AR?
81) What
are cross currency payments in AR? How do enable the receipt of the same?
82) In
case a customer requires the part of the shipment to be shipped to another
customer, who should be billed for it?
83) What
are the setups required in AR for integrating it to OM?
84) How
do you setup the document sequencing for the transactions flowing in from OM?
FA
85) Explain
the total process for asset creation from AP route?
86) What
is the flex builder/account generator in FA? And how does it work?
87) What
should be done to modify the Flex builder?
88) Explain
the total process for transferring transactions from FA to the GL?
89) How
do you convert the opening balances for FA?
90) How
do you bring in the Accumulated Depreciation for expensed assets in FA?
