Oracle Accounts Receivable (AR) Interview Preparation Guide
Refine your Oracle AR interview skills with our 14 critical questions. These questions are specifically selected to challenge and enhance your knowledge in Oracle AR. Perfect for all proficiency levels, they are key to your interview success. Download the free PDF now to get all 14 questions and ensure youre well-prepared for your Oracle AR interview. This resource is perfect for in-depth preparation and boosting your confidence.14 Oracle AR Questions and Answers:
1 :: How is the balance of an invoice derived?
Use application rule set to control how Receivable will reduce the balance due of open debit items when you apply payments.
2 :: What is MRC and what is its use?
Multiple Reporting Currencies is a unique set of features embedded in Oracle Apps that allows you to maintain and report accounting records at the transaction level in more than one functional currency.
mrc means multiple reporting currency,maximam 8 reporting curriences in possible in oracle apps,generely everyone having one fuctional currency, if u want convert the report into diffent currencies that only possible for eight currencies.
mrc means multiple reporting currency,maximam 8 reporting curriences in possible in oracle apps,generely everyone having one fuctional currency, if u want convert the report into diffent currencies that only possible for eight currencies.
3 :: Describe the main tables involved in AR, and what is the data stored in them?
RA_BATCHES_ALL
- INFORMATION ABOUT TRANSACTION BATCHES
RA_CUSTOMER_TRX_ALL
- HEADER INFORMATION ABOUT TRANSACTION
RA_CUSTOMER_TRX_LINES_ALL
- LINES INFORMATION ABOUT TRANSACTION
RA_CUST_TRX_LINE_GL_DIST_ALL
- DISTRIBUTION INFORMATION ABOUT TRANSACTIONS
RA_CUST_TRX_LINE_SALESREPS_ALL
- SALES REPS OF TRANSACTIONS INFORMATION
AR_PAYMENT_SCHDULES_ALL
- INFORMATION ABOUT PAYMENT SCHDULES
AR_APPLICATION_PAYABLES_ALL
RA_INTERFACE_ERRORS
- ERRORS IN AUTO INVOCIE INTERFACE DATA
RA_INTERFACE_LINES_ALL
- USE THIS TABLE TO ENTER HEADER AND LINES INFORMATION IN AUTO INVOICE INTERFACE PROGRAM
RA_INTERFACE_DISTRIBUTIONS_ALL
- DISTRIBUTION TABLE IN AUTO INVOICE INTERFACE PROGRAM
RA_INTERFACE_SALESCREDITS_ALL
- SALESCREDITS INFORMATION TABLE IN AUTO INVOICE INTERFACE PROGRAM
- INFORMATION ABOUT TRANSACTION BATCHES
RA_CUSTOMER_TRX_ALL
- HEADER INFORMATION ABOUT TRANSACTION
RA_CUSTOMER_TRX_LINES_ALL
- LINES INFORMATION ABOUT TRANSACTION
RA_CUST_TRX_LINE_GL_DIST_ALL
- DISTRIBUTION INFORMATION ABOUT TRANSACTIONS
RA_CUST_TRX_LINE_SALESREPS_ALL
- SALES REPS OF TRANSACTIONS INFORMATION
AR_PAYMENT_SCHDULES_ALL
- INFORMATION ABOUT PAYMENT SCHDULES
AR_APPLICATION_PAYABLES_ALL
RA_INTERFACE_ERRORS
- ERRORS IN AUTO INVOCIE INTERFACE DATA
RA_INTERFACE_LINES_ALL
- USE THIS TABLE TO ENTER HEADER AND LINES INFORMATION IN AUTO INVOICE INTERFACE PROGRAM
RA_INTERFACE_DISTRIBUTIONS_ALL
- DISTRIBUTION TABLE IN AUTO INVOICE INTERFACE PROGRAM
RA_INTERFACE_SALESCREDITS_ALL
- SALESCREDITS INFORMATION TABLE IN AUTO INVOICE INTERFACE PROGRAM
4 :: What is the importance of Batch Source set up in AR?
Batch sources control the standard transaction type assigned to a transaction and determine whether Receivables automatically numbers your transactions and transaction batches. You can define two types of transaction batch sources:
Manual
Imported
Manual
Imported
5 :: What do you mean by HZ_ in customer tables?
All tables that starts with HZ_ are related to the Trading Community Architechture (TCA). In these table we can find all the information about the Customers, Organization, Person's.
From release 11i TCA came into picture in Accounts Recievable module, where oracle has grouped all the customer information at one place. Most important tables in TCA are HZ_PARTIES, HZ_CUST_ACCOUNTS_ALL, HZ_CUST_ACCT_SITES_ALL, HZ_CUST_SITE_USES_ALL, HZ_LOCATIONS, HZ_PARTY_SITES, HZ_PARTY_SITE_USES, HZ_CONTACT_POINTS. few to name.
From release 11i TCA came into picture in Accounts Recievable module, where oracle has grouped all the customer information at one place. Most important tables in TCA are HZ_PARTIES, HZ_CUST_ACCOUNTS_ALL, HZ_CUST_ACCT_SITES_ALL, HZ_CUST_SITE_USES_ALL, HZ_LOCATIONS, HZ_PARTY_SITES, HZ_PARTY_SITE_USES, HZ_CONTACT_POINTS. few to name.
6 :: What is the difference between _all, _tl, _vl, _v tables in Oracle Apps?
_all : Table holds all the information about different operating units. Multi-Org environment. You can also set the client_info to specific operating unit to see the data specific to that operating unit only.
_TL : Translation Tables. where we can find the name of the particular field we are referring to. All _TL tables has a unique ID which corresponds the foreign key to other table which is used to store in the database and referenced back to display the name.
_V: are views.
_vl table stores the MultiLingual views
_TL : Translation Tables. where we can find the name of the particular field we are referring to. All _TL tables has a unique ID which corresponds the foreign key to other table which is used to store in the database and referenced back to display the name.
_V: are views.
_vl table stores the MultiLingual views
7 :: How many Flex fields are there in AR and what are they?
There are 3 flix fields are there
1.Arta flexfield
2.Salestax flexfileld
3.Territory flexfield
1.Arta flexfield
2.Salestax flexfileld
3.Territory flexfield
8 :: What is FSG and what is its use?
Financial Statment Generation (FSG), we can create different financial statement and we will get finacial reports.
9 :: What is the difference between conversions and interfaces?
Conversion is a process by which we transfer legacy data from temporary tables to base tables.
Interfaces also does the same but is a daily process and most of the interfaces are automated by scheduling. Example:AutoInvoice
Interfaces also does the same but is a daily process and most of the interfaces are automated by scheduling. Example:AutoInvoice
10 :: How many reporting currencies can be attached to Primary Set of Books?
For a given currency or primary SOB we can define maximum of 8 reporting SOBs.