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Categories >> Software >> ERP CRM >> Oracle Apps >> Oracle Apps Financial
 
 


 

 
 Oracle Apps Technical interview questions  Oracle Apps Technical Interview Questions (484)
 Oracle Apps Financial interview questions  Oracle Apps Financial Interview Questions (593)
 Oracle Apps Manufacturing interview questions  Oracle Apps Manufacturing Interview Questions (51)
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 Oracle Apps AllOther interview questions  Oracle Apps AllOther Interview Questions (11)
Question
What is meant by void payments?
 Question Submitted By :: Oracle-Apps-Financial
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
void means useless.

u can use void funtion after payment of invoice, so when u
void a payament payables automatically reverses the
accounting.

void payments restrictions
--------------------------
1. when payment paid by third party.
2. when payment got clearence from bank
3. when the related invoices has prepayment to it.
4. partially paid .
 
Is This Answer Correct ?    16 Yes 3 No
Kranthioracle
 
Answer
# 2
Void Payment means that once the payment is posted and u
can't edit the entry, In this case you void the entry by
doing reversal and the effect is zero and then you enter the
new entry as per the requirement.
 
Is This Answer Correct ?    6 Yes 1 No
Anil S
 
 
 

 
 
 
Other Oracle Apps Financial Interview Questions
 
  Question Asked @ Answers
 
Hi all, I have setup my AP and created 3 invoice batches which as seen validated yet when i try to make payment i get the following error"APP-SQL - 10006: the date you entered is not an open accounting period." I have opened the calendar for that month yet it giving me this error. Any help will be appreciated. IBM 3
What is the difference between Recurring Journals and Recurring Invoices? What is the need for the Recurring Journals in GL when Recurring invoices exist in AP? BirlaSoft 2
in mass addition normally there is an interface that runs from AP to add the items into FA...when does this process occur..is it during the month end after AP closing & is it an automated process.. Is it possible to run any interface in the middle of the month if u want to populate one specific item from AP Oracle 2
how to change the precision from two places to four places   1
whats is the differce between 11i & 10.5.9   4
What is the difference between Secondar ledger and Reporting Currency Ledger. 4i-Apps 3
What are the different ways for automatic closure of a Manually Created Purchase Order if the item selected for the Purchase Order is an Outside Processing Item and the Purchase Order is linked to a Work Order? Apps-Associates 1
Whether is it allowed for entering negative amount in Journal lines?   3
What is ment by leased asset? Sierra-Atlantica 2
Client's requirement is that first invoice would be a proforma invoice. Second invoice would be Tax invoice. Presently, we are unable to use this approach of payment?   1
What is the Functionality of Oracle Applications E-Business Suite? TCS 3
What is the use of requition template?   3
 
For more Oracle Apps Financial Interview Questions Click Here 
 
 
 
 
 


   
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