1.Can a flexfield qualifier be changed after it has been created? No.

Once a segment qualifier has been designated for a specific segment and has been saved, it will permanently have the attributes with that qualifier. For example, you accidentally designate the cost center segment as the natural account segment. Even though you do not compile this, the system saves the changes. And once it has been saved, it will have all the attributes designated for the natural account qualifier, even after it has been changed back, resaved with the correct qualifier and compiled. This is the inherent functionality of the software. Unfortunately, there is no real easy solution for this issue. The only option is to create a new chart of accounts and attach a new set of books. 2. Does the Accounting Flexfield needs one segment flagged with the Intercompany qualifier? The intercompany segment is an optional Intercompany feature for the Intercompany Segment Balancing. It is not required in order to do intercompany balancing. It is just another way to do the intercompany balancing, instead of using different natural accounts to track intercompany balances, you can use the intercompany segment in the Chart of Accounts to record the same detail. It is more just a matter of preference of how you want to track the intercompany transactions. 3. Can different Sets of Books share the same Value Set? If there is a set of books that uses a particular value set and a new book is created, it can use the existing value set. When the Account Flexfield Structure is created, simply choose the existing value set from the List of Values. However,if you use an existing value set, the new structure will also inherit the existing values in the value set. It does not create an empty value set to be populated. 4. Can the Accounting Flexfield Segment name be changed? Nothing about a flexfield structure should be changed since this could seriously impact your existing data and cause inconsistencies The LOV (list of values) prompt and window prompt that appear on the segment form can be changed so the users can see the segment with a different name. 1. Navigate to Setup: Financial: Flexfield: key: segments 2. Query all 3. Unfreeze your flexfield 4. Open the segment summary screen 5. Choose the segment you wish to change 6. Change the LOV and window Prompts and insert the new name. 7. Save your work 8. Freeze the Flexfield which should launch a concurrent request. 9. Check the log and make sure the compile worked OK. 5. How to add a new value to an existing segment? On the Segment Values form, insert a new row with your new value. Make sure the segment qualifiers are set correctly (Allow Posting and Budgeting). If this is the natural account segment, specify the Account Type also. 6. How to delete a segment value? There is no supported way to delete a segment value. Segment values can only be disabled not deleted.

7. How to enable an existing Future-Use accounting flexfield segment? Do the following, on the Key Flexfield Segments form: Unfreeze the accounting flexfield Change the Window Prompt name to a valid name (do NOT change the segment name) Update the Default Type and Default Value (if necessary) Freeze the accounting flexfield and recompile 8. How to re-enable an account value? In order to re-enable an account value or remove an end date, do the following: Unfreeze the accounting flexfield structure Re-enable the account value or remove the end date of the segment value. Re-freeze the accounting flexfield structure and recompile. Log out of the applications and log back in. 9. Is there a way to load values for a specific segment outside of the form? iSetup is the Oracle product that provides supported APIs to load values into Oracle Applications flexfields. To load code combinations ADI may be used. Uploading zero amount journals will create new code combinations. In this case Dynamic Insertion should be enabled and all account segment values need to exist before the new account code combinations will be dynamically created. 10. What is the difference between Hierarchical and Non-hierarchical Security Type? Hierarchical Security: This feature combines Flex Value Security and Flex Value Hierarchy. The end result is ?a flex value is secured if one of it?s parents is secured?, i.e. if a parent value is excluded then all the children are also excluded. With non-hierarchical security, the child values do not inherit the parent security. 11. Which tables store segment values and descriptions? FND_FLEX_VALUES_TL FND_FLEX_VALUES. 12. What are the journal entries in Procure to Pay Cycle ? When the Material Received at the GateReceiving Accrual A/C Dr --Material AP Accrual A/C Cr When the Material delivered to The Inv Org Material Purchase Price Variance A/c --Dr Receiving A/c Cr When the Invoice Is enterd into the Payable with Matching Of PO Material Ap Accrual A/c Dr --Invoice Price Variance A/c Dr -AP Liability A/c Cr Material Receipt Receiving Accural Dr -AP Accural Cr The Above given 2

On completion on inspection and accepting of goods Inventory Dr --Receiving Accural Cr entries are in PO module On entering Invoice in AP

AP Accural Dr

--

Accounts Payable Cr

On Making payment Accounts Payable Dr -Cash/Bank Cr 1. On Entry of PO ________ No accounting impact On Material On Payment Accounts Payable Dr -Cash/Bank Cr

When we raise the Purchase Order entry Material in transit a/c Dr -AP Accrual A/c 13. While creating combination of accounts what is the use of PRESERVED check box ? If we check preserve for a account code combination then even if you disable this account segment value, the inherited (parent. child) segment values will not be disabled. If it is unchecked all the related segment values will be disabled. Preserved check box will help you to retain the original character of the General Ledger code combination, even after u change the nature of the segments during maintenance of the GLCC. 14. What is the MD form 50 ? MD50 is a Functional design document, designed by the functional consultant. After interacting with the client, functional consultant will prepare this document. In this we will compare the present business process and client requirement. It is mainly used for Application Extensions and Interface functional design. 15. How to import data to General Ledger by Feeder System ? There are three ways: 1- You can upload Journal Entries using ADI (Application Desktop Integrator) functionality. ADI is used to interface spreadsheet uploads with Oracle applications data. ADI allows users take advantage of many of the data-entry shortcuts of a spreadsheet, such as copying and pasting cells, dragging and dropping ranges of cells and using formulas to calculate journal line amounts. ADI validates the data entered against the accounts, security rules and reference information that are defined in the General Ledger (GL). 2- Using Journal Import, we can bring the data from the feeder system; to import the Transactions from External Feeder Systems following are the steps-1. Populate the data from External system to GL_Interface table (GL_INTERFACE table acts like a bridge between the external system and the Oracle General Ledger Base tables where journals are stored). 2. Run the Journal Import process to import the date to base tables (Errors in Journal Import are listed in Execution Report) 3. From any sub module run individual module transfer to GL program Ex: Payables transfer to General Ledger

16. After creating Journal Source how do we approve to the specific Set of Books ? To approve journals from specific source, while creating the source Require Journal Approval check box should be enabled. To approve all the journals that come from different sources In the Set Of Books window under Journaling tab journal approval should be enabled.

1. Can anyone tell me about MRC and Multi-Org Let me brief you about both MRC and Multi Org. MRC stands for Multi reporting currency . which means you should have different SOBs, One must be primary and others are reporting... (max. 8). Where as Multi Org concept is we will set up a organisation where we will have a Business group then SOBS then Legal entities then Operating units then Inventory organisations and lastly sub Inventory catagerory.. This set up will help to avoid multiple installations and have only one installation. We will attach all sub ledgers like AP, AR etc at Operating level and GL and FA at SOB level.. 2. What is the difference between GL date and GL posted date in GL module ? 3. When you drill down to AX Payables or Receivables from GL, you get the message FRM-40350 Query caused no records to be retrieved. 4. What are different types of Journal entries? 5. What Subledgers does Oracle General Ledger 11i Drilldown support? 6. What are cycles of GL, AP, and AR? 7. Why don't my budget amounts appear on FSGs? 8. I'm confused about intercompany journal balancing. As far as I can tell, it does one or both of: 1) If you enable it you *can* post incorrect (i.e. imbalanced) journals. And if you disable it you can't (i.e. all journals must balance - A GOOD THING, RIGHT?) 9. Get the following message on Drilldown - Function not available to this responsibility. Change responsibility or contact your system administrator. 10.What is the difference between cross-validation rules and security-rules? 11.In how many ways can you enter a journal in GL? 12.How do we integrate AP or AR to GL ? 13.How can we integrate AR or AP to GL ? 14.What is Consolidation in GL? 15.What id recurring invoices?What are AP setup steps? 16.What are the setup steps for AP, AR, and GL? 17.What are different types of invoices and what is a recurring invoice? 18.What is the difference between gl_date,gl_posted 19.Is there a limit to the number of periods in a budget year or how many years a budget can span? 20.Can you disable budgetary control for a set of books? 21.What is the difference between gl_date,gl_posted 22.Why cant interest rates be set uniqely supplierwise in payables module.whereas interest rate is applied to all suppliers the same rate.

23.What is the difference between discounts and adjustments? 24.Expain ADI and it's features 25.At what stage is the subledger data posted to GL ? 26.What is an Invoice? How man 27.What is a funding budget? 28.What is Set of Books? What are the four conditions when you change your SOBs 29.Can I delete a budget? 30.What is planing budget 31.How many 'Current' budgets can you have? 32.I was able to post a budget journal to a closed period, why? 33.What is the difference between GL date and GL posted date in GL ? 34.What is meant by ADI? 35.In GL there is no org id. So how can we differentiate the data different operating units when no other modules are given? 36.What is the MD form 50? 37.What is FSG and its use??? 38.Can I update/adjust an existing account range in my budget organization? 39.y types of invoices are there in AP and AR? 40.What are Summary Accounts and Rollup groups? 41.How to import data to General Ledger by Feeder System? 42.What is the difference between GL date and GL posted date? 43.Can anyone pls say me wat is EDI and its functions? 44.In GL there is no org id. So how do we differentiate the data from different operating units? 45.What are different period types?