Oracle Apps R12 Financials Course and Interview Questions and Answers Course Bundle with Live Meeting Support to clear your queries on every Sunday. You will receive the meeting link for the support session on every Friday to your Udemy registered mail id through Udemy educational announcement mails.

Oracle Apps R12 Financials Course

Oracle AppsR12 Financials is software product offered by Oracle corporation. Oracle R12Financials 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 AppsR12Financials 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 ideaof

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 Professionalwith Basic Knowledge on Financials Concepts