Q. Transactional Set up in GL and AP 1.

Types of Invoices: Standard Invocie Prepayment Credit Memo Debit Memo Withholding Tax Expense Report Retainage Financial Option Payable Option Payable System Setup Supplier setup Bank Setup

2. What are the set-up require in AP:

3. Types of Journal:

Reverse Tax statistical Suspense foreign Standard Recurring:

Skeleton: same a/c diff amt standard: same a/c same amt formula based journal: formula based amt

1. r11 and r12 11 -----A. form absis B. Responsibilities and operating unit basis C. Set of D. XXXXXXXXX es is used E. 3 C's: Chart of a/c, currency, calender onvention 2. Mass Allocation: Define mass allocation Formula. (N): Journal/Define/Allocation Validate the formula. Generate Mass Allocation. Post the entry. 3. What is Consolidation? Consolidation is a period-end process of combining the financial results of separate business subsidiaries with the parent company to form a single combined statement of financial results. 4. Primary and secondary ledgers 12 ---------from and html basis multi-org unit basis Ledger Multi-reporting currenci 4C's: 3 C's+Accounting c

A primary ledger is defined as a ledger where all your day-to-day transa ctions are performed and you would typically have a secondary ledger to reflect these same transactions in one of the following probable scenarios: In a different Chart of Accounts In a different Accounting Basis In a different Currency (also called a Reporting Ledger) This is an evolving functionality of Multiple Reporting Currencies (MRC) that was first introduced in the Release 11 to help with the transition to the Euro currency. 5. Primary Ledger: Calypso Russia Set of Books: Calypso Russia Set of Books, * Reporting Currencies, Balancing Segment Value Assignments, Subledger Accounting Options, Operating Units, Intracompany Balancing Rules, Sequencing 6. SLA: It's service provided by oracle to transfer entries from source responsi bilities to GL. Run the create accounting in final mode in AP---then transfer th e data to GL_INTERFACE----Run the journal import---Trigger GL posting program. Probem which i faced: In Russia Ledger-Subledger accounting option---payables--Update Accounting Options----in * General Ledger Journal Entry Summarization--it was summarize by GL period. when ran GL dump...SOME ENTRIES SHOWS transfered from AP to GL.... as "Journal Import Created" -- so i changed the "* General Led ger Journal Entry Summarization" as "No Summarization". 7. Trading Community Architecture: Parties: suppliers and customers and employees submit exp report as supplier Party sites: nothiinh but address Location: Maharastra: mumbai, pune, nagpur contacts: name of contact associated with address(Phone) contact points: email, phone party relationship: define child and parent relationship. GE corporate as parent and GE plastic is a subsidiary of parent The Trading partner is a common definition to identify customers, suppliers and organisation that can provide good and services. A trading partner could be ur c ustomer as well as a supplier. Honda supplying cars as a supplier(5 cr) but at the same time it could be your c ustomer by buying the goods manufactured by your company or taking your professi onal consulting services (5 lakh). it can be net it off by oracle apps as an int ercompany transaction by generating intercompany invoices. 8. Oracle AIM: The methodology and structure: The methodology used is similar to traditional software project management metho dologies. There are six phases within the project, these are: ? Definition establish the business objectives and related requirements. Define the project work plan. ? Operations Analysis analyze the operations and determine fit between organizat ional requirements and standard application functionality. ? Design develop detailed designs for the optimal solutions to meet the future b usiness requirements.

? Build physical software system build and testing. ? Transition deploying the finished solution into the organisation. ? Production go LIVE! TE040 BR100Aap BR100Agl 9. MOAC: Define organisation setup a security profile in HRMS and attach the top organisation from organisati on hierchy run "Security list maintenance" program run "setup validation report" to validate multiple organization setup MOAC related profile options 10.What are components of Set of Books. Ans: 4 C's, 6 mandatory accounts and future period 11. Ledger: A. Ledger Definition a. standard information- Ledger, Currency and Chart of Accounts b. Accounting Calender- accounting calender, period type, first ever open period , number of future enterable periods c. Subledger Accounting- subledger accounting method B. Ledger Options a. year end processing: retained earnings account b. journal processing: Suspense account, rounding differences tr acking account, enable intra company balancing, Journal reversal criteria set c. Currency translation options: Default period end and average rate type, cumulative transalation adjustment account C. Advanced Options a. Journal Reconcilliation: enable journal reconciliation b. budgetary control: reserve for encumbrance account System Test Script Accounts Payable Application Setup General Ledger Application Se