1).Can different SOBs share the same value set?

yes you can share with different sobs why because at the time of defining the value set on that time
will will value set name is indepandent on that time you can use differentsobs with same set of book.

2) I have the problem with Trial balance summary1 report.When i am trying to print the Trial
balance summary1 some posting transactions not appering for Period 14.Can you please
tell me what was the problem?

Pl try by spliting the TB ie, Month by month or Quarter by quarter And see whether all values are
in..by entering a specific transaction at month end.

3) what is factor to be consider for finalization of chart of account?

Following are some of the factors which can be considered. 1. Current Chart of Accounts structure of
the Organization (legacy). 2.Reporting requirement (For ex: Product based profitability or reporting)
3. Inter-company Accounting 4. Legal Requirements 5.Type of Industry for example some project
based organizations use a segment to get project based accounting.

(Or)

Depending on your organization structure and reporting requirements it would change. You can
create up to 30 segments. Most organization use between 5-10 segments. But one factor you need
to consider before finalizing chart of accounts is future changes to the structure is difficult and not
recommended.

4) how will you find out check no's for a particular invoice

Payment 'document numbers' displaying in the payment window.

5) While doing implementation,Client wants two use 2 Accounting methods for both Sandard
Accrual method and Sandard Cash Method.So how we need to map or how need to provide
solution.

using secondary ledger and subledger accounting method...

use secondary ledger as a standard cash and standard accural for for sub ledger accounting......

6) How many reporting Set of Books can be attached to one primary Set of Books

for one primary set of book we can attach up to eight(8)reporting set of books is maximum

7) What are the different type of Special calendars ?

Four type of Special calendars in payables
1.Reccuring calendar
2.Withholding Tax calendar
3.Payment term calendar
4.Key indicator calendar

8) Can you split an Invoice?

Basically You doesn't split the invoice . You split the shedule payment of the invoice . You will get this
option when you click the tab of schedule payments of the invoice

We con't Split invoice but we can split the shedule payment of the invoice.

9) Trial balance can run which level, legal entity level or operating unit level.

10) what is reconciliation?

Reconciliation is comparison of two records. For Example: Comparing your bank statement with your
receipts from grocery stores.

11) What is PO rate variance Gain/Loss

12) how to transfer the Invoices entries from AP to GL, can any
body give the answer

Run Create Accounting in AP,Run Transfer to GL - Ap.

13) 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?

Recurring invoice features is used in payables for creating invoices for multi periods of same
nature......while recurring journals are created in gl for journal entries that are recur every monthd
eg..period accruals are reversed every starts of period...

14) Is it same primary ledger data and seconday ledger data should be same or differnt?explain

YES ,it's different, secondary ledger is nothing but additional or optional ledger it's represents your
primary ledger accounting data in another representation that differs in following "C" s
1. Chart of accounts
2. calendar/ period types.
3. accounting Convention
4. ledger processing options.

15) Ran CREATE ACCOUNTING concurrent program to transfer data from AP to GL but the
program was completed with status WARNING. can I have few answer for the same.

16) While you are in implemenation what are the u issues faced? tell me what some issues?

17) how many banks (bank a/c) created in on legal entity level

we can create as many as we required under one legal entity.

18) purchasing and payables done at what level? means operating unit level or SOB level?

The modules like po, ap,ar are come under operating level this modules are also called
multiorgmodules because this modules table have column ord_id and have multiple
organization information._all is last we can identify is multiorgtable >HR - Business Group level
>GL, FA - Legal Entity Level >AP, AR, Purchasing - Operating Unit Level
Inventory - Inventory Unit Level

19) wat is project accounting & wat is GL

20) How can we Integrate AP,AR,CM & FA to GL? What is the procedure need to fallow as a
functional consultant?

21) What is FSG ? What are the components of FSG ?

FSG Means Financial Statement Generator it is the powerful Statementt Builder in Oracle
Applications financials Like Profit&loss A/c,Cashflow Statement,Fundsflow Statement,Balance Sheet.
Components in the FSG:-
1)Row Set.
2)Coloumn Set.
3)Content Set.
4)Report.
5)Order.

22) What is the difference between Secondar ledger and Reporting Currency Ledger.

reporting currency ledger represents same primary ledger accounting data in another currency.

secondary ledger is unlike MRC

secondary ledger is nothing but additional or optional ledger
it's represents your primary ledger accounting data in another
representation that differs in following "C" s
1. Chart of accounts
2. calendar/ period types.
3. accounting Convention
4. ledger processing options.

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

24) What is Mo security profile and Mo operating unit? Why use this profile option ?

25) Where we r defining the payment limits.ex:As per my business requirement business
have a payment limit is 10000.Where we defined this type of limits.

Payables > Setup > Payment > Banks

Query for the Bank and then go to Bank Accounts. Then go to Payables Options Tab. Here you will
see the following options:
Minimum Payment, Maximum Payment
You can define the maximum and minimum amount here.