Mostly asked questions in Account Payables Modules


Hello, Some of the very much interview oriented, one of mostly asked questions in Account Payables Modules. here they are 

Questions: How many types of Invoices in Oracle Account Payables
1)Standard Invoice
2)Debit Memo
3)Credit Memo
4)Withholding tax invoice5)PO Default
6)Prepayment Invoice
7)Expense Reports
8)Recoring Invoices
9)mixed Invoices

 

  
 
 

 

 

 

Prepayment Invoice: Whenever we want make payments to the suppiler in advace that time,we create this prepayment invoice and we will make the payment.

Credit Memo,Debit Memo:Both invoices are got -ve amount,and adjusted against standard invoice.
Credit memo will be created, when ever suppiler giving discount.
Debit Memo will be created,if buyer is going to deduct the amount.
  

 

 
 
 
 

 

 

 

 

 

Question :How many key flexfields are there in Payables?

Answer: 0 (No key flexfields in PO,AP)

 

Question: Name few Account Payables Tables

AP_INVOICES_ALL
AP_INVOICE_DISTRUBUTIONS_ALL
AP_PAYMENTS_ALL
AP_PAYMENT_SCHEDULES_ALL
AP_INVOICE_PAYMENTS_ALLAP_TERMS_ALL
AP_TERM_LINES_ALL
AP_CHECKS_ALL
AP_CHECK_FORMATS
AP_HOLDS_ALL

 

 

 
 
 
 

 

 

 

 

 

Question: What is 2 way , 3 way and 4 way matching?

While creating the purchase order,we will mention the match approval level at shippments
we will have 3 types
1)two way: PO & Invoice quantities must match with in the tolerance before the corresponding invoice can be paid.
2)three way: PO, Receipt and invoice quantities must match with in the tolerance before the corresponding invoice can be paid.3)four way: PO, Receipt, Inspection and invoice quantities must match with in the tolerance before the corresponding invoice can be paid
 
 

 

 
 
 
 

 

 

 

 

 

What is a Hold? Explain the types of Hold

Invoice holds:If invoice is not approve then that invoice will be keeping under hold status.By selecting holds button in invoice form,we can see the hold details.
Select * from ap_hold_all
 
 Which interface tables are used for Invoice Import , give the important columns?
BASE TABLES:
AP_INVOICES_ALL
AP_INVOICE_PAYMENTS_ALL
AP_PAYMENT_SCHEDULES_ALL
AP_INVOICE_DISTRUBUTIONS_ALLAP_INVOICES_INTERFACE COLUMNS:
Invoice_id
Invoice_num
Po_number
vendor_id

vendor_num

vendor_site_id

vendor_site_code

invoice_amount

Ap_invoice_lines_interface columns:
Invoice_id
Invoice_line_id
line_number
line_type_lookup_codeamount
po_header_id
po_number
po_line_id
po_line_number

po_line_location_id

po_shipment_num

po_distrubution_id

po_distrubution_num

Inventory_item_id

 

 

 
 
 
 
 

 

 

 

 

 

Thanks – Shivmohan Purohit

 

 

 

6 thoughts on “Mostly asked questions in Account Payables Modules

  1. Hi,
    Thanks for posting, I was just looking inot the type of invoices you have mentioned, and u mentioned around 9.

    Out of 9, there is one invoice as “Expansive Invoices”, could you please give me some more details about this, as i havent heard this invoice such.

    Thanks for your help in advance

    Like

  2. Hi,
    Thanks for posting, I was just looking inot the type of invoices you have mentioned, and u mentioned around 9.

    Out of 9, there is one invoice as “Expansive Invoices”, could you please give me some more details about this, as i havent heard this invoice such.

    Thanks for you help in advance

    Like

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