Oracle Apps ERP R12

 (For Accounts Payable (AP), Accounts Receivable (AR), General Ledger (GL), Fixed Assets (FA), and Cash Management (CM) ) 1. General Questions Q1: What is Oracle Financials in EBS? A: Oracle Financials is a suite of applications in Oracle EBS that includes modules like GL, AP, AR, FA, and CM , helping organizations manage financial transactions, reporting, and compliance. Q2: What are the key modules in Oracle Financials? A: General Ledger (GL): Manages accounting journals and financial reports. Accounts Payable (AP): Manages supplier invoices and payments. Accounts Receivable (AR): Handles customer invoices and receipts. Fixed Assets (FA): Tracks company assets and depreciation. Cash Management (CM): Manages bank reconciliations and cash flow. Q3: How does Oracle Financials integrate with other modules? A: AP integrates with PO and GL (Invoice creation, payment processing). AR integrates with OM and GL (Customer billing, receipt processing). FA integrates with AP and GL (...

  In Oracle ERP (Enterprise Resource Planning), specifically in the context of Accounts Payable (AP) invoicing, you can create and manage various types of invoices to handle different financial transactions and business needs. Here are some common types of AP invoices in Oracle ERP: 1.Standard Invoice: This is the most common type of AP invoice, used to request payment from your organization's customers for goods or services provided. It typically includes details such as the supplier's name, invoice number, invoice date, and itemized charges. 2.Credit Memo: A credit memo is issued by a supplier to reduce the amount owed by your organization. It may be used to account for returns, discounts, or other adjustments to previously issued invoices. 3.Debit Memo: Conversely, a debit memo is issued by a supplier to increase the amount owed by your organization. It might be issued for additional charges, fees, or other adjustments. 4.Prepayment Invoice: Prepayment invoices are used when...