Question { HCL, 39373 }

What are the types of Invoices , what is prepayment & steps
to apply it to an Invoice ?

Answer

There are several predefined types of invoices available in
payables such as : Standard inv, CreditMemo/DebitMemo inv,
Expense Report, Po default, QuickMatch,Mixed inv,
Prepayment inv,Interest inv, Withholding tax inv.
Prepayment: As the name itself suggest these invoice
document are used for making advance payment made to the
suppliers. The advance payment can latter be used to set
off the liability accruing on several trade invoices
created.

Question { TCS, 9071 }

What is the Functionality of Oracle Applications
E-Business Suite?

Answer

Oracle APPlication E-business suite is a fully integrated
suite which helps to provide better business information
for effective decission making and enables an adaptive
enterprise for optimal responsiveness

Question { Satyam, 12288 }

What r the GAPS can we find out while Implementation?

Answer

During the preparation of BR-30 doc, where we match all the
client existing requirements with oracle standard
functionality, if any requirements does not match with
standard functionality of oracle then there exist a GAp.
This GAp can be solved either through customization or
workarounds.







Regards
Roopa

Question { Cognizant, 22624 }

what is the difference between balance, account, none
(automatic offset methods)?

Answer

Automatic offset method:
If you enter invoices for expenses or Asset purchases for
more than one balancing segment, you might want to use
aotomatic offset method to keep your payables transactions
accounting entries balances.
Balance : The liabilty account for balancing segment value
take from invoice distribution & rest segment values will
take from invoice header
Account: The libility account for account segment value
takem from invoce header & rest segment values will take
from invoice distribution.
None : The liability account for all segment values take
from invoice header.