Interview Question For Oracle Apps Technical And Functional By Avinash Kumar


1)What is the Flow of AP module or Proceure to Pay ?
ANS
--Requisition
--RFQ
--Quotation
--PO
--Receipts
--Invoice & Payments
--Transfer to GL



2)How to transfer transactions from AP to GL?
ANS
-- Transfer TRansactions to GL
-- Journal Import
-- Posting



3)What are the Base tables we have in AP?
ANS
-- AP_INVOICES_ALL
--AP_INVOICE_DISTRIBUTIONS_ALL
--AP_PAYMENT_SCHEDULES_ALL
--AP_CHECKS_ALL
--AP_BANK_BRANCHES_ALL
--AP_BANK_ACCOUNTS_ALL
--AP_TAXES



4)What is Distriutions set?
ANS
--Distribution Set are used to automatically enter distributions for an invoice when you are not matching it to a purchase order.

6)What is Payment terms?
ANS
--  payment terms are used to define the payment schedule.Eg IMMEDIATE, 30days net,15days net.
--Payments Terms are assigned to an Invoice to automatically create scheduled payment when Payables Invoice Validation is submitted for the Invoice



7)What are the types Invoicess?
ANS
-- STANDARD
--Credit Memo
--Debit Memo
--Prepayment
--Quick
--Mixed


8)What is Credit memo and Debit Memo?
ANS
--In Oracle payables, both debit memo and credit memo are one
  and the same and are used to reduce the supplier's
  liability for the goods returned to him. The former will be
  prepared by us and the later will be prepared by the
  supplier and sent to us.


9)What are the types of Payments we have?
ANS

• bank account transfers
• credit cards
• PINless debit cards
• bills receivable remittances



10)What is diff between Supplier and Vendor?.

ANS
Supplier is the one who sells the goods material to vendors and vendors directly interacts with the customer
and sells the finished final product to them and they intern gets paid . So vendor is the point of contact for the warranty provided for a product.

but in some cases supplier can become a vendor and directly sell his product to customer
and similarly vendor can also become a supplier in getting the goods from manufacturer.



11)Where the Accounting entries will be stored?
ANS
-- ap_ae_headers_all,ap_ae_lines_all

12)What are the Interfces we have in AP module?
--
--Supplier Interface(Supplier,supplier site,supplier contacts)
--Payables open interface import(AP Invoices)