COMPANIES INTERVIEW QUESTIONS:

Bhawan cyber tech

First Level:
1. Difference between Revaluation & Translation
Revaluation: adjusts asset or liability accounts that may be materially understated
or overstated due to a significant fluctuation in the exchange rate between the time
the transaction was entered and the time revaluation takes place.
Translation: restates an entire set of books or balances for a company from the
functional currency to a foreign currency
2. Difference between Realized gain & Un Realized loss account
3. Define Budget? How you designed budgets for your recent implementation
project?
An estimate of costs, revenues, and resources over a specified period, reflecting a
reading of future financial conditions and goals.
4. What do u mean by budgetary controls? How you will define budgetary
controls? And ranges?
5. How do we can allocate budgets?
6. Have you worked in Encumbrance budgets?
7. Have you worked in FSG, if so elaborate it?
8. Explain the reports which you have been prepared most, and frequent?
9. Explain the issues which you have come across in support, least 3issues for
each module with the solutions.
10.Explain Period end process?
11.What kind of problems and issues you had come across when you are doing
period end process, how you have been solved those in details.
12.What kind of approval you are followed? Weather it is workflow? Or AEM? If
Workflow what kind of customization you have been involved/done? explain
it? How you have defined the approval hierarchy?
13.Difference between Cross validation and Security rule?
14. Real time Assume done with prepayment? While applying/applied the
prepayment you come to know that prepayment has been done with the
wrong bank account? What you will do in this scenario? Explain it.
15.Tell me about Retained age?
16.Explain Receivable Flow with the entries?
17.Define Auto accounting? What all the uses?
18.Explain the documents you have prepared MD-50 document? What is the
issue? What kind of solution you have been given to them?
Second Level
1.
2.
3.
4.
5.

Brief about your oracle apps experience?

Explain period end process?
What you have been involved in implementation?
Have you prepared any documents? If so what kind of documents?
Have you been involved in customization?
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Aleron systems plc:

First and final level with Project head: Mr.Sasi

1. Brief about your oracle apps experience?
2. Have you been involved in implementation process, if so where and all you
have been involved?
3. Can you rate yourself with the module wise, 1-10.
4. Difference between Revaluation and translation?
5. Explain allow dynamic insert? And what were the uses?
6. Diff between cross validation and security rules? How will you define security
rules? Explain the process?
7. If you worked in treasury? Explain the process?
8. What do you mean by key flexfeilds?
9. Where you will define legal entity address? If you define the legal entity
location details in HRMS can we pick the address details in GL legal entity
form?
10.How you have been designed your chart of accounts? And list of values?
11.How many segments you have been defined?
12.How you have segregated with Parent and child relationships? How many
parent values you have been taken in?
13.Have you worked in FSG? If so define it?
14.Explain p2p entries?
15.Explain Retained age?
16.Define CE999?
Generally, we will define CE_999_INTERFACE_V as a view to your proprietary
application's database, and implement it to show all open interface transactions and
their status
17.When you are migrating the data from legacy system to oracle applications?
What kind of information you will take it from process champions? What all
the mandatory information have to consider?
18.Define auto accounting? And uses?
Sonata software:
First Level Telephonic
1. Brief about Oracle experience?
2. How many supports and how many implementation projects have you been
worked?
3. Explain few issues with the solutions which you have come across?
4. Difference between Revaluation and Translation?
5. Difference between Realized gain and unrealized loss?
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6.
7.
8.
9.

Difference between security rules? And cross validation rules?

Explain AIM with stages wise? And kind of documentation we prepared?
Define FSG? And what kind of reports you have been prepared?
Company is holding 4subsediry companies in India where all of its own stand
alone companies, and they have one company in US, while generating
reports, reports should be generated 4subsediries individually, US based
company reports should be generates separately? But end of the year Us and
all 4subsediries reports to be procedures in one report. How will you suggest?
What kind of solutions you will give it in to client?
10.P2P entries for inventory item?
11.If there is no Item at all? How are you going to prepare purchase order? If this
is possible can you explain to me process and accounting entries for this?
12.Define SLA?
13.Explain Customer refund process? With your own example? Along with the
entries stages wise?
14.Uses for Auto accounting?
15.Entry for Asset Retirement?
16.Explain Mass addition process?
17.Explain period end process with the issues you come across?
18.Explain the customization you have done? What kind of issues you have been
faced it?
19.Explain the Retained age process?
20.Explain AP/AR netting process, with your own examples?
21.Explain Auto reconciliation process? How are you going to upload bank
statement? With the customizations? And what kind of issues you come
across while uploading the bank statements?
22.In revaluation process the entries are defined with the user rate, at the time
of revalue exchange rate has been defined with corporate, the difference
amount is around 5rupees, so how the entries will be created, where this
difference amount will go? While revalue would it be the corporate rate fully
calculates?
Gorgon based company:
Interview with the client based out in Mumbai:

1.
2.
3.
4.

Brief about your profile bhanu?

Have you know the flat form you need to work with us?
You are going to work with us in 11.5
Do you have an experience with 11i? your resumes states yes, can you
explain to me the kind of exposure you do have with 11i?
5. What have you done with recent implementation project? The areas of
involvement?
6. Have you been worked with purchasing earlier? If so share your experience
with me?
7. Explain P2p Cycle along with the entries?
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8. Purchasing entries in to which table it will store?

A. PO_REQUISITION_HEADERS_ALL, PO_REQUISITION_LINES_ALL,
PO_REQ_DISTRIBUTIONS_ALL, PO_DISTRIBUTIONS_ALL,
9. 11i invoices entries where does it will store? Distributions entries where does
it will store?
10.R12 Payments where does it will store? Invoices where does it will store?
11.GL Entries where does it will store?
A. 1- GL_SETS_OF_BOOKS, GL_IMPORT_REFERENCES, GL_DAILY_RATES,
GL_JE_LINES, GL_PERIODS, GL_JE_HEADERS, GL_JE_BATCHES, GL_BALANCES,
GL_CODE_COMBINATIONS.
12.Transactions entries where does it will store?
13.Explain to me the receipt methods? Payment methods available in 11i?
14.What kind of MD50 documents you have been prepared? Can you explain few
of customizations you have been involved?
15.Can you name few data base tables?
A. GL_JE_BATCHES,GL_JE_HEADERS, GL_JL_LINES
16.Usage for Auto Accounting?
A. Auto accounting is a default GL accouting codes,which are setup in the auto accouting form,
where in at the time of processing an invoice the system will automatically will save the
information which was updated in the auto accounting form
B. If I gave you to work you in 11i, how comfortable are you in?
C. How strong are you in fixed assets?
D. What do you mean by receivable activity? Explain?

A. Define receivables activities to default accounting information for your

miscellaneous receipt, finance charge, chargeback, and adjustment
transactions. The activities you define appear as list of values choices in
the Receipt and Adjustment windows. You can define as many activities as
you need.
B. Receivables uses finance charge activity accounting information when you
assess finance charges in your statements and dunning letters.
C. You need to query the Chargeback Adjustment, Chargeback Reversal, and
Debit Memo Reversal activities that Receivables provides and specify
accounts for each before creating chargebacks or reversing applications in
Receivables.
D. Once you define an activity, you cannot change its type. You can only
update an existing activity's GL account if you have not previously
selected this activity for a transaction.
E. You can make an activity inactive by unchecking the Active check box and
then saving your work.

Intelli Group:
Invited for face to face interview schedules for telephonic from intelli Hyderabad.
Interviewed by Mr.Naga Kishore

1. Brief about you experience in oracle applications?

2. Difference between Trail balance and balance sheet?
A. Statement of Balances is known as Trial Balance. Statement of Assets and
Equity & Liabilities is known as Balance Sheet.
B. Trial Balance does not include closing stock while the Balance Sheet does
not include opening stock.
C. Trial Balance checks the accuracy in the recording and posting while
Balance Sheet does not check such accuracy.
D. Trial Balance is prepared after posting into ledger whereas Balance Sheet
is prepared after the preparation of Trading and Profit & Loss Account.
E. The significant difference between the two is Balance Sheet is the part of
the Financial Statement while Trial Balance is not a part of the Financial
Statement.
3. What do you mean by gross profit?
4. What is the difference between gross profit to net profit?
5. How gross profit/net profit will effect in to trail balance, and balance sheet?
6. Net profit where we can find in oracle applications, and in which account are
we going to find net profit?
7. Define current assets?
8.
9. Define current liabilities?
10.Current liabilities are a company's debts or obligations that are due within
one year, appearing on the company's balance sheet and include short term
debt, accounts payable, accrued liabilities and other debts. ... Normally,
companies withdraw or cash current assets in order to pay.
11.What all the fixed assets? What all the current assets?
12.Current assets where it will be effected in Oracle application?
13.Assets where do we can find out in oracle applications?
14.Explain the depreciation methods? How we can calculate with the assets?
How it will effect to trail balance? And how it will effect in balance sheet? How
it will relevant to oracle application?
15.How the depreciation will impact accounting in balance sheet in oracle
application?
16.Difference between revaluation and translation process?
17.Difference between realized gain and unrealized loss account?
18.Can you explain to me the cumulative translation account role In application?
19.Explain the budget process, if one budget organization having nil balance but
you are having funds in other budget organization, how you will transfer the
funds from one budget organization to another budget organization with the
different code combinations?
20.In purchasing, we have been received the goods but we have not received
the invoices, in this scenario how we can go ahead and process, what all the
entries will fall in while transaction?
21.Explain entries while delivery goods?

22.We have paid 10000 to our supplier, but we have been ordered goods only for
8500, the remaining amount of 1500 what do we can do., if you want to
refund those, what all the steps do we need to fallow.
23.Explain the entries in about example from N2N?
24.What is the difference between Accrual liability to liability? Can you explain to
me with example and with accounting entries?
25.Explain to me the refund entries?
26.What is the entry while creating supplier invoice?
27.Where this Item expanse is is coming from, and the item expense is accrual
liability or liability?
28.What is the entry for debit memo?
29.Why is been item expanse in cr side while creating debit memo? What is the
reason behind it?
30.Where have you been involved in the implementation? Specifically in to which
modules? If GL, what you have been done in GL?
31.What kind of reports you have been prepared?
32.Have you been worked in FSG?
33.Have you worked in Consolidation?
34.Have you worked in Role outs? Or up gradations?
35.Explain Transaction entries?
36.Explain customer refund? With an suitable example?
37.Who will pay customer refund?
38.Explain in detailed entries for this process?
39.While doing transactions there would be 95.4, and 100.2p and 150.5, while
receipt created the amount might me only for 95,100,150, but the
transactions is still open which is not been closed, tell me the process how do
we can go ahead and close this transactions?
40.If you go ahead with the receipt write off process to close this process, where
this amount is going? How does the accounting impacts on oracle
applications? How does it will effect your trail balance/balance sheet?
41.What all the entries will fall in while this transactions done?
42.What do you mean by consolidated account? How does it will impact on your
applications?
43.I have a bank statement, and with oracle cash, how do I can reconcile in
oracle application?
44.Ok, if bank statements are not tallying with the oracle cash, the transactions
would it be reconciled or its still open for reconcile, if its open what kind of
steps we can take it forward? How do we reconcile?
45.How do we can do Mass additions? How are we going to add asset In
payables?
46.While retiring asset we have been calculated depreciation on asset, What all
the entries will fall in to this process?
47.Can you tell me few database tables in oracle applications?
48.Explain to me few customizations you have done in applications?

Oracle Corporation India Hyderabad

Requirement on Oracle Apps Testing
1. Describe your oracle experience,
2. Explain the cycle of implementation which you have done recently
3. Where you have been involved in recent implementation exactly
4. On which module are you comfortable in application, rate it
5. Have you been involved application testing
6. Are you been involved in manual testing or automation testing
7. Explain the various cycles which you have been participated in testing
8. What do you mean by regression testing? How you will do?
9. Explain the testing procedures in various modules?
10.Explain I2c? A2D?
Chyneses Chennai
1.
2.
3.
4.
5.

Brief about oracle experience

What is your role in current project
How you have been designed budgeting
What do you mean by budgetary control
Is it possible to transfer funds from one budget organization to another
budget organization with different code combinations? If so? Explain the
process.
6. Difference between, Absolute and Advisory?
7. How you have been difined the boundary, and ranges?
8. Difference between, grand parent, parent, child ranges?
9. Differece between Revaluation and translation
10.Difference between customer and party
11.Difference between security rule and cross validation, how does it will works
12.What kind of setups you have been done in various modules
13.Have you been worked in FSG
14.Explain Mass addition process
15.Explain 11i and R12 differences
16.Purchasing entries
17.Auto Accounting
18.Define Receivable activity
19.Explain period end process
20.Explain Fixed asset setups

Kean international india ltd Bangalore

FACE to FACE interview with Swetha
7

1.
2.
3.
4.
5.

Brief your oracle experience,

How you have been involved with your onsite team
Who has designed chat of accounts? What is your role in it?
Before joining in onsite, from offshore what is your responsibility?
How you have been designed Budgets? On what basis you have been
desined.
6. Can you explain the setups you have done for the budget N2N
7. Enable budgetary journals, where you will do, what is the use for it?
8. Explain budgetary controls
9. Difference between absolute and advisory
10.Why do we need to define security rule and cross validation? Explain the
process briefly
11.For budget how you have been designed parent and child relationship
12.You have been worked in 11i, and R12 so explain the difference between both
of it
13.Before doing setups in application, what you will do
14.Explain translation process
15.Have you worked with Multi reporting currency? If so explain the setups what
you have been done, for journal process
16.Explain the process how we can define reporting currency in 11i
17.Chart of accounts designed by your senior manager or by you?
18.Have you worked in Consolidation? If so explain the process, if not explain the
process.
19.When we are migrating the data from legacy system, what all the information
you required from client
20.In Migration process for one invoice amount partially paid 50% the remaining
amount its in pending, when you are migrating the data how you will
calculate on this invoice, if you are going to take it payment separately does
it will not be a double entry?
21.In Ap what is your role? Where have you been involved?
22.What kind of setups you have been involved in ap
23.What all the profile options you have been given once you done with GL
setups
24.What kind of security profiles you have been given for MOAC
25.If we have a user, who does invoices for 2operating units but he dont want
you change responsibilities, what are going to suggest? Explain in detail
26.Have you been worked in EBT
27.Explain p2p cycle with entries
28.I have AR responsibility, so tell me what all the setups I need to do further
along with profile options,
29.What is invoice rule? How many types are there? Explain with example?
30.Explain auto accounting?
31.Explain period end process?
32.I have been closed period in Payable, further if I found any error what do I can
do?
33.After closing period in payables, if I want to reconcile how do I can?
34.Have you been done with reconcile from ap to gl? Ar to gl?

35.How you done reconciliation in cash management? If yes explain the process
of manual and auto-reconciliation process
36.Explain the mass addition process?
37.Once we enable track as asset in payable, and you are going to add asset
book, ok. But can you explain on which account code combination we are
going to pick up here (ans: Asset cost)
38.Ok, once we enable track as asset, we have done with payables, what is next
steps? What you are going to do in fixed assets? On which program are you
going to run in fixed assets,? What is next steps to be followed?
39.How strong are you in Fixed assets?
40.When you worked in implementation with AIM, can you explain the AIM
procedures with stages wise, in which stage you prepared which document?
41.Manual test how you have been done, have you prepared your own scripts or
how? What is the document name called?
42.Are you involved in designing interfaces? If any explain
43.Suppliers how you have been defined, have you designed your own
templates, or how you have been developed any interfaces, on which method
you have been used to upload supplier data?

FCS
Face to face
1. Brief about your oracle experience
2. Explain AIM process
3. Explain p2p life cycle with entries
4. Difference between translation and revaluation
5. How are you going to define secondry ledgers
6. Explain major differences between 11i and R12 in each module
7. Elaborate MOAC, and uses
8. Define security rule
9. Define golobal security rule
10.On which modules are you strong enough
11.Define basic payable setups
12.Have you worked in payable setups
13.How to create different purchase orders
14.How are you defined your customers
15.How you have been defined different profile classes? And how you have been
segregated customers?
16.Explain MRC procedures
17.Explain late charge
18.Explain retain age
19.How you designed SLA
20.What is the new features in revenue reorganization
21.How we can integrate AP to GL, AR to Cash management, and Cash
management to GL in oracle application
22.What all the new features in Cash management
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23.Explain Mass addition process

24.Explain reconciliation procedures In 11i
25.What kind of MD50 you have been prepared in recent implementation, can
you give few of examples in brief.
26.Have you been in part of designing any interfaces
27.How did you started setups in oracle application, and in which instance you
will start in CRP 1, and in CRP2.
28.Have you prepared test cases by yourself, or you have been used standard
one., and explain few cycles
29.When you are doing I2C, what kind of pre-requisitions have to be done
30.Explain the transaction data and master data and in which stage of
implementation you required this data, how many years data you required to
get open balance calculations
31.What kind of interfaces you will develop/bridge while transferring data from
legacy system to oracle application
32.What is your role in UAT
33.In what basis you have been interacted with client
34.How active your role in recent project.
35.What is the team size in recent implementation project
36.What was the user size in each module
37.How many customers are their in recent project, and how you segregated for
profile class
38.How you can define payment terms in payables
39.Have you worked in post production, if so what you need to do in post
production?
40.If we gave you offer with us, what basis you will select our company, and
what kind of inputs you will add, how do you feel our company is career for
you,
41.Can you explain few reports in GL
42.Can you explain consolidated billing cycle

Interview questions:
Implementation:
1. what r the GAPs u found?
2. did u ever raise TAR? What is it?
3. what r the workarounds u did?

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4. tell me end to end implementation?

5. how many CRP s u conducted in u r project ?
6. how u validate legacy data when u r importing?
7. if I send to u on-site what r the documents needed and how can u explain to u r
client?
8. what r the documents u submit to client before sign-off?
9. what r the steps in UAT?
10. which documents u use for data migrations?
11. GIS
12. GCS
13. financial analyzer?
Purchasing:
1. If I give a blank instance what will u do?
2. What is the closing procedure PO,AP,AR?
3. How many tax types u r client using?
4. Client using one SOB two OUs, can u close periods in one OU(second one is
running)?
5. What is the sourcing rule in PO?
6. How many approval hierarchies in PO?
7. When can u rise Blanket purchase agreement?
8. What is charge account?
9. Can u rise requisitions with out item?
10. Can u rise purchase order with out item?
11. What is Auto create? Can u change charge account in PO when u match Req?
12. What is Accrual account?
13. What r the mandatory fields in Purchase order?
14. What is ERS?
15. What is RTS?
16. What is Purchase price variance?
Payables:

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17. Which type of APIs u r using for importing invoices from Interface tables to base
tables?
18. Process of payment batches?
19. what is Invoice price variance?
20. what Po rate variance gain and loss?
21. If I want to rise a foreign currency transaction, what r the perquisites?
22. How many payment documents categories?
23. Can u calculate multi with-holding taxes for same supplier( only one site)?
24. I raised 10 invoice , I made create accounting, If I run AP trail balance is it shows
effect or not?
25. what r the difference b/w AP and AR payment terms?
26. Automatic offset method?
27. how many accounting events?
28. How can u process EDI payments?
29. if u r not using CM, what is the status in payment workbench when u did payments?
30. what r the reports need to run for period end process?
31. if I want to see supplier balance which report u need to run?
32. if u give prepayment10000 to u r employee, he spent only 6000, then how can u
recollect remaining amount?
33. can u raise a debit memo against mixed invoice?
Receivables:
34. After configuration of system options what r the programs are run?
35. What is AR token?
36. When u go for debit memo reversal?
37. How many discounts are available? From where it will be defaulted?
38. What is auto invoice?
39. What is grouping rule? How u will use?
40. U r using application rule set and auto cash rule set? Which one will applicable first?
41. What r the approval hierarchies?
42. How can we process credit memo individually?
43. Auto accounting?
44. Invoicing rules and accounting rules? And entries?

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45. What r the reports need to run for period-end process?

46. What is auto-lock box? Explain process?
47. What is dunning letter? How u generates automatically or manually? Explain? How
can u come to know dunning letter are sent to customer?
48. How many interface tables in AR
49. Standard memo lines?
50. R u using factoring? Explain process?
GL QUESTIONS
1) What is the General Ledger, and its Functionality.
2) What is the pre setups for GL setup.
3) What is the Structure.
4) What are the C Combinations.
5) What is the COA
6) What is the Key Flex Field(KFF)
7) What is the KFF in GL
8) What is the Value Set
9) What is the Independent, Dependent, Table etc., in Value sets
10) What is the Segment
11) What is the Segment Values
12) What is the Parent values
13) What is the child Values and setups
14) What is the Roll up groups and setups
15) What is the summary accounts and setups
16) What is the Segment Qualifiers.
17) What are the difference between FF qualifiers and Segment Qualifiers
18) What are the account types
19) What New C in the structure.
20) What is the Future Segment and why it will be used.
21) What is the Intercompany Segment and what it will do.
22) What is the difference between Account FF Qualifier and Account Value Segment
Qualifier
23) What is the Control Account Flag and what it will do.
24) What is the Reconciliation Flag.
25) What is the Cross Validation and How it will works with Eg., and it setups
26) What is the Security Rules and How it will work with Eg., and it setups
27) What is the Dynamic Insert and what it is the Use of it.
28) How will you enter manual code combination.
29) What is the Ledger and SOB. What is the Functionality Ledger.
30) What is the combination of Ledger setups.
31) What is the LE . and Why is the LE introduced at Ledger Level
32) What is the Balancing Segment Values.
33) What is the Use of assigning the Balance Values at LE Level and Ledger Level.
34) What is the Intercompany segment Setups and Intra Company Setup and difference
of both.
35) What is the All Other in Intercompany accounts setups
36) What is the are accounts to be defined at Ledger level.
37) What is the Mandatory Account level.

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38) What is the Retained Earning Account and When it will be used and what is the
functionality of this .
39) What is the Translation Adjustment Account. When it will be used and what is the
functionality and setups
40) What is the OU and what it will be done.
41) What is the Document Sequence and when it will be done and What is the Setup and
How it will shown in the respective form with Eg.,
42) At which level Document Sequence will be worked.
43) What is the Suspense Account and when and How it will be used. If it is not setup
what happens.
44) What the Currency setups.
45) What are the Types of Calendar
46) What the status of Periods in the Calendar
47) Is there any Report will be available to open and close the Period of the Calendar.
48) What is the difference between Accounting calendar and Fiscal Calendar.
49) What are the Journals and types
50) What is the Journal Source and Category.
51) What Reverse the JE and why it will be used and what it is the functionality
52) What is the Mass Allocation and Setup.
53) What is the Formula in Mass Allocation and How the Formula defined with Eg.,
54) What is the Functionality of Formula and values of Formula.
55) What is the Segment Types in Formula.
56) What is the summing, Looping and Constant and their Functionality with Eg.,
57) What is the Cost Pool Account
58) What is the STAT Currency
59) What is the STAT JE
60) What is the Target account
61) What is the Offset account in Mass Allocation.
62) What is the Full allocation and Cost Pool Amount check box functionality in Mass
allocation
63) What is the types of Mass Allocation.
64) How the Mass Allocation JE will be generated and Status.
65) What Recurring JEs and Types and Functionality and Eg., Setups. When will be used.
66) What is the Translation . when and why it will be used. What are the Setup with EG.,
67) What is the Revaluation, when and why it will be used . What are the setup with Eg.,
68) What is the Difference between Transalation and Revaluation.
69) What is the Foreign Currency JE and How it will be Shown JE form. What is the Pre
setup for this.
70) What is the Secondary Ledger. What are the setup and What is the use of this
functionality. Is there any same functionality in 11i. Pls. explain with Eg.,
71) What is the Reporting currency, Setups and what is the Functionality . Is there any
same functionality in 11i Pls, explain.
72) How many Currencies can assign to Ledger at Maximum level.
73) What is the Data Access set and usage of the Data Access set. When it will be used.
What are the Setups.
74) How Data Access set will work with Eg.,
75) What is the Ledger set and when and why it will be used.
76) What is the Consolidation, when it will be used . What are the setups.
77) What is the Mapping in Consolidation.
78) What are the Mapping types.
79) What is the Elimination and when and why it will be used. If not used what and
where will be the impact.
80) While Making Consolidation how many reports will be submitted by system.

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81) How the Consolidation will generate the JEs and where it will be shown and what is
the status of the JE.
82) What is the FSG.
83) What is the Row set and Column set
84) What is the Content set and Display set.
85) Can we post to Parent Accounts
86) How can we make STAT JEs
87) What are the Balance Types
INTERVIEW QUESTIONS
88) 1. What you meant by key flexi flied
89) 2. What are the flexi flied qualifiers?
90) 3. What are the different segment qualifiers?
91) 4. B/W diff cross validation rules & security rules
92) 5. What are the key flexiflieds in diff modules?
93) 6. Define translation
94) 7. Define Consolidation
95) 8. Define Revaluation
96) 9. Explain diff b/w 11i & R12
97) 10. Define Allow dynamic insert
98) 11. What is meant by secondary Ledger?
99) 12. What are the uses of SLA?
100)
13. Once we Completed the invoice validated and use draft while create
accounting program, where the entries will go and stop in SLA.
101)
14. Diff b/w purchase price variance and invoice price variance
102)
15. Types of Pos
103)
16. Types of invoice
104)
17. What is MOAC?
105)
18. Define payable options
106)
19. Debit memo & Credit memo
107)
20. How we define external banks
108)
21. What is meant by internal banks?
109)
22. Prepayments
110)
23.2- way match and 3-way match
111)
24. Explain the p2p entries
112)
25. What is meant by multi org?
113)
26. Where the entries pick from? In payables
114)
27. What is b/w AP Accrual and Liability?
115)
28. Period End process
116)
29. What you meant by grants
117)
30. When we raised for RFQ? What we will get from the suppliers?
118)
31. Mass Allocations? How we will create the Mass additions?
119)
32. Auto Cash Rule Sets?
120)
33. Define Receiving options?
121)
34. Explain the setups of EBT?
122)
35. Auto Accounting?
123)
36. Auto Invoice in receipts?
124)
Real Time Questions?
125)
37. How we will create the Auto invoice?
38. In EBT, we done all the setups in EBT, but tax is not calculated in the
payables. Where the
issue happened what you will do for
that?

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39. Once raised the invoice and applied the prepayment, we have raise TDS for
invoice, can we apply to the same invoice once we applied invoice for
prepayment.
40. In Batch payments, we done the payments for 10 invoices to multiple
vendors, but we need to stop the 07 invoices to multiple vendors, then what we
have to do in that case? thats its in final stage.
41. If invoice is in INR, we have made the payments in the USD? Then how we will
validate & release the funds?
42. If the employee raised the request for 8000 for this expenses and team paid
10000, so in that case we need collect or refund the 2000 from the employee, how
we will do in oracle?
43. Invoice entries in receivables?

L&T - F2F Interview Questions:

Consolidation setup
Explain abt Translation & Revaluation?
What are the important AP Reports?
About SLA?
About Taxxation?
Employee record issues?
Payment Issues?
Repeating issues and what action you are going to take on this?
Ticketing tool JIRA work flow?
SR Reministreet explain how will you follow up the issue?
Invoice issues?
Enchancement process? With example
Bank setup? Flow from bank to bank acc
Month end AR Interface?
How you will plan at Month end?

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