July 25, 2017

Advanced Oracle AR Account Receivables Interview questions


Advanced Oracle AR Account Receivables Interview Questions
  • What are different types of transactions in AR?
  • What is the use of lockboxes? Steps for lock box
  • What are the interface tables used for ar invoices, customers, receipts for conversion process?
  • What is Auto Invoicing? Explain
  • What is AUTO Accounting what are the steps for setting up auto accounting?
  • What are the standard concurent programs for auto invoice interface and customer interfaces?
  • Explain how to close periods in AR.
  • Explain about Party and Customer in AR.
  • Explain the process of recievables in oracle financials.
  • What is the importance of Batch Source set up in AR?
  • Explain Accounting for invoice in Advance and Arrears.
  • What is MRC and what is its use?
  • What do you mean by HZ_ in customer tables?
  • What is the difference between conversions and interfaces ?
  • What is the use of Transaction Flexfield in Autoinvoice ?
  • Differentiate between Standard Remittance and Bills Receivable Remittance
  • Differentiate between writeoff and receipt writeoff.
  • Difference between Negative and positive adjustments
  • What are the interface and API table for receipts conversion in oracle receivables?
  • What is chargeback invoice? How do we create it?
  • Can you explain how to adjust the amount of advance already received against an invoice?
  • Explain how to account for bank charges deducted from amount received against an invoice.
  • How do you create a credit note against an invoice?
  • Difference between transaction type and transaction sources.
  • What is AutoCashRule set?
  • Explain the payment term in AR.
  • How do you create a credit note against an invoice?
  • What are different types of Receipt Reversals ? Explain them
  • Differentiate between Unidentified Receipt, Unapplied Receipts and On Account Receipts
  • Differentiate between earned discounts and Unearned discounts
  • Differentiate between transaction type and transaction source.





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