Oracle Application Payables Interview Questions

1. What are the different types of Invoices?
2. What is prepayment & steps to apply it to an Invoice?
3. What are the Prepayment types?
4. What is the Distribution Type while entering the Invoice?
5. What's the difference between the "Payables Open Interface Import" Program and the "Payables Invoice Import" program?
6. What is Debit Memo & Credit Memo in Payables?
7. What is Proxima Payment Terms?
8. What will accrue in Payables?
9. What is Tolerance?
10. What is Aging Periods?
11. What is a Payable Document?
12. What are 2 way, 3 way and 4 way matching?
13. How you will transfer payables to general ledger?
14. What is use of AP Accounting Periods?
15. What is a Hold? Explain the types of Hold
16. How many key flexfields are there in Payables?
17. Explain the set up used for Automatic or Manual Supplier Numbering.
18. Can you  hold the partial payment if yes then how?
19. Can you cancel the invoice? If yes, at what stages? Explain?
20. What are the different interface programs in AP?
21. What is the process/steps for Vendor Conversion?
22. Which module is the owner of Vendor/Supplier tables?
23. Give the cycle from creating an invoice to transferring it to GL
24. What program is used to transfer AP transactions to GL?
25. Tell me about PO cycle?
26. How many types of Purchase Order Types/Agreements are there? What are they?
27. What is Blanker PO?
28. What is Contract PO?
29. What is Planned PO?
30. In which table we can find the vendor number?
31. You have created a new SOB. How will you attach this SOB to AP?

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