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Accounts Receivables Interview Questions


Accounts Receivables Interview Questions

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How much time needs to pass for an A/R account to be considered delinquent? 
Latest Answer: It depends upon the net terms of the account ...

How is trading community architecture in Oracle Apps related to accounts recievables? 

What is total flow of Account Receivables? 
Latest Answer: Receiving the order from the customer->Quoate Approval->Create the Sales Order->Delivering the goods as per the SO->Create the Invoices->Receive Payments from customer. ...

After Receving Payment from Customer, What is next step till finalisation? 
Latest Answer: Finalisation means closing the financial entries of a particular period & arriving the profit, assets & liabilities of a firm. It also includes the rectification of any entries. ...

What is Reconciliation 
Latest Answer: Reconciliations compares two set of accounts. It is usually the balance in two accounts to make sure that they are in agreement. ...

I ran the program "Dunning Letter Generate" and the log file says that the concurrent request ran successfully. However there was no output file created.I have that customer setup for "Send 
Latest Answer: For every dunning letter there will be some time gap. for example we have 3 dunning letters dlettername days dun1 1 dun2 2 dun3 3 If we ran this request 3 times, fourth time if you run the report there will be no output, because all the 3 letters ...

Is there a report to search for invoices by Payment Term and Due Dates?Any insights/alternative resolutions would be helpful.Thanks,Vinit 
View Question | Asked by : vinittople

What does each columns in the table RA_INTERFACE_LINES_ALL, RA_INTERFACE_DISTRIBUTIONS_ALL Signify? 

what is brs 
Latest Answer: Bank Reconsilation statement through which comparison of the pass book amounts with cash book amounts or equal the cash book amounts with pass book amount by some adjustments.That adjustments are some transaction writen in one book and not writen in another ...

what are derivatives 
Latest Answer: Derivative instrument is an asset which derives ie, takes its origin from another asset.The simplest form of derivative is a forward contract, "It is an agreement to buy or sell an asset at a  certain future time for a certain price"Other ...

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