Question { 4364 }

What is the use of Additinal paythrough days n AP?

Answer

Number of days between your regular payment batches.
Payables uses the additional pay through days to determine
the default Pay Through Date when you initiate a payment
batch. For example, if you define 5 as the value in this
field, Payables adds 5 days to the system date to calculate
the default Pay through Date when you initiate a payment batch.

Question { 4356 }

why we need to run "Payables accounting process" for
interest invoices? What are the accounting entries created?

Answer

To create accounting entries for interest invoices

Dr: Interest payable / interest expense account
Cr: Liability account

Question { Ernst Young, 5290 }

What is the Reconciliation Open Interface used for in Cash
Management?

Answer

Cash Management can reconcile receipts and payments that
originate in applications other than Receivables, Payables,
and General Ledger. For example, if you use a proprietary
accounts receivable system with, General Ledger, and Cash
Management, you can reconcile and clear your receipts by
using the Cash Management Reconciliation Open Interface.

The Cash Management Reconciliation Open Interface allows you to:

Manually or automatically reconcile open interface
transactions to bank statement lines in Cash Management

Find open interface transactions that are available
for reconciliation

Find reconciled open interface transaction

Question { Genesis, 21708 }

what is the importance of below three profile options?
1.HR Business group
2.HR User type
3.HR Security

Answer

There 3 profile options are used to Setup MOAC for any
business group. Based on these profile options all operating
units linked to the same business group

Question { 6869 }

I have requirement where the Invoice given by supplier is in
USD, but the payment can be done in GBP. Is it possible in AP?

Answer

Not possible

Question { 6053 }

Is it necessary to enable the SECURITY RULE check box along
with CROSS VALIDATION SEGMENT RULE in flex field structure
while setting up the CROSS VALIDATION RULE.
plz clarify my dt

Answer

Not required. CVR for COA

Question { Tech Mahindra, 44197 }

can you explain about RD-20,MD-50,TE-40,BR-40 under aim
methodoloty
what it consists, how do you prepare them

Answer

Definition: ---Conduct current business base line—RD-020
--Develop high level process design—BP-70

Operational analysis --Gather business requirement RD-50
-- Develop future process model BP-80
-- Map business requirement BR-30
Solution Design -- Define application setups --BR-100
-- Develop system scripts -- TE-40

Build -- Perform system testing TE-110/120

Question { Oracle, 10479 }

can you explain aim methodology, what are the documents need
to be prepare as functional consultant, explain about gap.

Answer

AIM provides the Basic Outline with which the whole
Implementation Process needs to be handled after the
Contract to Implement the solution is signed with the
Customer. This has so many steps, documents and Templates
and the Implementing Company can decide on which are the
steps, documents and templates to be used

Steps

Definition: ---Conduct current business base line—RD-020
--Develop high level process design—BP-70

Operational analysis --Gather business requirement RD-50
-- Develop future process model BP-80
-- Map business requirement BR-30
Solution Design -- Define application setups --BR-100
-- Develop system scripts -- TE-40

Build -- Perform system testing TE-110/120

Transition -- Perform acceptance testing TE-130
-- Begin Production -PM-80

Production

Question { Tech Mahindra, 9138 }

what is the gap analysis, how do you defined.what are the pre-
requisities

Answer

GAP analysis in ERP implementation is to identify and
suggest the ways to bridge the gap between 'as is' and 'to
be'. GAP analysis suggests the changes and steps to bring in
these changes, so that ERP benefits are received in full.