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Oracle APP functional
Interview Question &
Answers
2. 1. What is Oracle Apps (ERP)?
ERP stands for organization useful resource Planning. A made from Oracle
India Pvt. Ltd. Because the identify suggests corporation resource
Planning. Company approach a firm/group. Resource manner available
supply of wealth in corporation and Planning way how one can keep each
day resource. As a consequence briefly to facilitate large corporations,
organizations Oracle manufacturer have created tremendous application
recognized in the category of ERP (company resource Planning) as Oracle
functions.
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3. 2. What are cycles of GL, AP, and AR?
In general, GL AP and AR consist of:
Structure Phase - Defines the process flows and configuration for the
system and Conduct business process and data mapping workshops.
Construct Phase - Contains all of the configuration activities
Transition Phase - Executes system test
Deploy Phase - Migrates database to customer environment
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4. Types of Invoice : standard invoice, CreditMemo bill, DebitMemo
bill, price bill, habitual bill With-maintain tax fast in shape and Pre-
cost bill.
Recurring Invoice : because the name suggests the invoice that
happens at ordinary interval of time is referred to as the recurring
invoice.
3. What are different types of invoices and what is a
recurring invoice?
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5. Provide an explanation for the best way to manage blunders in
customer interface.
We are able to handle blunders by means of utilizing SQL*Loader, or
other import application, to load client information into the interface
tables.
Whilst you import customer expertise, the patron Interface program
validates the worldwide attribute columns in the interface tables and
transfers those values into the patron tables.
4. Explain how to handle errors in Customer interface.
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6. 5. What is Security Rules and Cross validation Rules?
It is used to restrict the users from entering the segments. It will
work at the responsibility level.
It is used to restrict the end users from entering the code
combinations. It will work at structure level
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7. 6. WHAT ARE THE BENEFITS OF FLEXFIELDS?
1. Configure applications to support your own accounting, product
and other codes.
2. Enable the construction of intelligent keys.
3. Configure application to capture additional data.
4. Use the application to validate values and value combinations
entered by the user.
5. Support multiple flex field structures depending on data context.
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8. 8.What is set of Books and in which table set of book is stored.
Set of Books is a Financial Reporting entity which Consist of three
C.
a) Chart Of Accounts
b) Currency
c) Calendar.
Set of Books is stored in GL_SETS_OF_BOOKS
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9. 9. What are different types of Calendars .
Different types of Calendars are listed below
a) Fiscal
b) Accounting
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10. 10. What is Adjusting Period?
Typically, the last day of the fiscal year is used as an adjusting
period to perform adjusting and closing journal entries. Once you
begin using your accounting calendar, you cannot change its
structure to remove or add an adjusting period. Choosing
whether to include an adjusting period or not in your calendar is
a very important decision. You can have an unlimited number of
adjusting periods.
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11. 11. What is 2 way, 3 way and 4 way matching?
Making payments to the suppliers in 3 ways. what ever you
have ordered for the PO we will make the payment for the
suppliers in 2-way(we will compare two documents PO and
Invoice).
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12. Thank You
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