Oracle Apps R12 Financials Course and Interview Q&A Bundle

About Oracle Apps R12 Financials Course and Interview Q&A Bundle

Oracle Apps R12 Financials Course and Interview Questions and Answers Course Bundle

Oracle Apps R12 Financials Course

Oracle Apps R12 Financials is software product offered by Oracle corporation. Oracle R12 Financials Applications have great features to manage Organization's Financial and accounting information. With Oracle Financials Applications Organization's can track detailed business transaction data, same data can be used for reporting and decision making purpose.

Oracle Apps R12 Financials consist of below applications:

Oracle General Ledger

Oracle Accounts Payable

Oracle Accounts Receivable

Oracle Fixed Assets

Oracle Cash Management

From this course, you get a clear idea of

Introduction to ERP, Versions in Oracle Apps, Modules in Oracle Application, What is Implementation Process, General Ledger, Introduction to GL Module, Key Flex Fields, Segments, Design Charts of Accounts, Value Sets, Define Currency and Calendar, Define Primary Ledger, Creation of Journals, Open/Close Periods, Reverse Journals, Journal Batch, Recurring Journals, Suspense Journals, Statistical Journals, Mass Allocation, Budgets, Inter-company Journals, Journal Approval Process, Tax Journals, Currency Translation, Reporting Currency, Revaluation, Consolidation, Cross Validation Rules, Standard Report (Trail Balance), FSG (Financial Statement Generator), Account Alias, Security Rules, Access Set, Purchasing overview, Financial Option, Overview of Procure to Pay Process, Purchasing Options, Requisitions, Document Types, RFQs, Quotations, Purchase Orders, Receipt Creation, Matching Options and Receipt Routing Methods, Invoice and payment creation, Account Payable's overview, Payable Options, Financial Options, Accounting Periods, Payable System Setups, Payment Terms, Distribution Sets, Defining Suppliers, Standard Invoice, Debit Memo, Credit Memo, Prepayment Invoice, Invoice Created Against PO, Introduction to Expense report, Employee Expense Reports, Withholding Tax Payment, Payment Format, Bank Creations, Bank Account Creation, Bank Branch Creation, overview of multi organization structure, business group setup, Defining Operating units, Defining Inventory organizations, Defining Sub Inventories, Account Receivables Introduction, Key Flex Fields, Sales Tax Location, Territory, Statement Cycle, System Options, Remittance to Address, Payment Terms, Introduction to Dunning Letters, Collectors, Customer Creation, Auto Cash Role Set, Customer Profile Class, Customer Bank Creation, Transaction Types, Invoice Transaction, Credit Memo, Deposit transaction, Bills receivable, Guarantee, Chargeback, transaction Sources, Receipt Classes, Receipt Sources, Creating Invoice, Applying the Receipt to Invoice, Rise the Credit memo, Creating Deposit Invoice and Applying the Deposit to Invoice, Applying the receipt, Miscellaneous Receipts, Remittance Receipts, month ending process, Fixed Assets introduction, Flex Field, System Controls, Financial Year Calendar, Values, Prorate Conversion Calendar, Depreciation Calendar, Book Controls, Depreciation Methods, Asset Categories, Changes, Additions, Create accounting, Asset Transfer, Mass Additions, Retirement, Cash Management, System Parameters, creation of new bank, creation of new branch, creation of bank account, Bank Statements and Reconciliation, Forecasting Vs Reconciliation, Bank Charges, Bank Transfer, Introduction to HRMS.

Oracle Apps R12 Financials Interview Questions and Answers

How many flex fields are there in Oracle Financials

What are the benefits of flex fields

What is segment qualifier

Implication of dynamic inserts

What is key flex field qualifier

Types of key flex field qualifiers

What is short hand aliases

What is a period in oracle general ledger and types of periods

What is value set security type

What are the types of value sets

What are the cross validating rules

What is a value set and value set list types

What are the types of flex fields

Difference between key and descriptive flex fields

What are the essential components of GL primary ledger

What are concepts used during definition

How many types of conversion rates are there in general ledger

What is retained earnings account

What is the purpose of translation adjustment account

Different statuses of accounting periods

What is a adjusting period and its implication

What are the steps for creating primary ledger

Ledger options

What are the journal types

Integrating journal entries with general ledger module

Define Accounting cycle

What is accounts payable

What is the meaning of invoice

P2P cycle flow

Sample process flow for p2p cycle

Pay cycle

How many types of purchase orders and agreements are there

Difference between AP invoice and AR invoice

What is invoice

Types of invoice

Difference between standard invoice and mixed invoice

What is pre payment in AP

Types of AP invoices

Difference between debit memo and credit memo

What is invoice validation process

Explain the receipt routing methods

What are the purchasing modes in receiving

What are the different matching levels, explain them

What is payment terms and how to define payment terms

What are the different types of transaction types in receivables

Who should take this course

Any Professional with Basic Knowledge on Financials Concepts