Oracle Apps R12 Technical & Financials Interview Q&A Videos

1. Introduction to Oracle Workflow: Oracle Workflow is a suite of tools that automate business processes in an organization by routing tasks and managing data through the process. It integrates with Oracle's suite of enterprise applications, such as HR, Finance, Supply Chain, and CRM, allowing for inter-application workflows.

   • Benefits of Using Workflow:
     • Automation of routine tasks, saving time and reducing errors.
     • Improved communication by routing information to the right people in a process.
     • Increased visibility into business processes for better management and decision-making.
     • Enhanced compliance through standardized workflows and audits.
     • Better adherence to service level agreements (SLAs).

2. Understanding Performers in Oracle Workflow: A performer is a role that executes a task within an Oracle Workflow process. Performers can be users, groups, or systems that are assigned specific tasks to perform as part of the workflow.

3. Registering Data and Layout Templates: Data and layout templates define the structure and appearance of forms used in workflow tasks. These templates are registered in the database where they can be reused across different processes.

4. Lexical Section Contents: A lexical section contains a set of parameters that define the context for the execution of a task. It includes information such as task attributes, user interface layouts, and data values.

5. Moving Layout and Data Templates Across Instances: To move templates across different Oracle instances, you can use the Data Pump technology or export/import utilities provided by Oracle. This ensures consistency and reuse of templates in multiple environments.

6. Flex Fields in Oracle Financials: Flex fields are customizable fields that allow for additional user-defined information to be stored and retrieved. They are highly flexible and can be used to capture a wide range of data relevant to an organization's specific needs.

   • Benefits of Flex Fields:
     • Customization without modifying the application code.
     • Ability to store additional context-specific information.
     • Improved reporting and data analysis by capturing granular details.

7. Segment Qualifier: A segment qualifier is used in Oracle Financials to identify a specific segment within a ledger or subledger. It helps differentiate between similar segments when necessary.

8. Implication of Dynamic Inserts: Dynamic inserts allow for the insertion of new records into a table without knowing the exact structure of the table ahead of time. This feature is useful for building flexible and scalable applications.

9. Key Flex Field Qualifier: A key flex field qualifier is a specific type of flex field that is used to uniquely identify a segment, often in scenarios where standard segment values are insufficient.

10. Types of Key Flex Field Qualifiers: These can include qualifiers based on organizational units, legal entities, or other unique identifiers.

11. Short Hand Alias: An alias (SHORT_HAND_ALIAS) is a shorthand notation used to represent complex database objects in a more concise form. It simplifies the referencing of objects in queries and scripts.

12. General Ledger Period: In Oracle Financals, a period represents a specific time frame for which financial data is recorded and reported. A period can be monthly, quarterly, or annually.

    • Types of Periods:
      • Operating period (OPE)
      • Year-to-date (YTD)
      • Cumulative to date (CTD)
      • Prior period (PPD)

13. Value Sets and Validation: Oracle Financials uses value sets to define a list of valid values for flex fields or other data inputs. This helps ensure data integrity and consistency.

14. Invoice Validation Process: The invoice validation process in Oracle Receivables ensures that invoices meet all the necessary criteria before they can be posted. This includes checks against value sets, authorization rules, and validation of data integrity.

15. Receipt Routing Methods: Oracle Receivables allows for different methods of routing receipts for approval, payment processing, or other workflow tasks. These methods can be configured to match the organization's policies and procedures.

16. Matching Levels in Receivables: Matching levels are used to ensure that payments made correspond to the invoices they are intended for. The levels include three-way matching (PO, receiving record, and invoice), two-way matching (purchase order and invoice), and one-way matching (against cash receipts).

17. Payment Terms: Payment terms define the conditions under which a seller will accept payment from a buyer, including payment due dates, discounts for early payments, and penalties for late payments. These are crucial for maintaining cash flow and financial health.

18. Transaction Types in Receivables: Oracle Receivables supports various transaction types such as invoices, credit notes, cash receipts, and payment transactions. Each type has its own set of attributes and processing rules.

Who Should Take This Course: This course is designed for professionals with a basic understanding of SQL, PL/SQL, and financial concepts who want to deepen their knowledge of Oracle Workflow, data management, and financial processes within the Oracle Financials module. It is suitable for system administrators, developers, consultants, and finance personnel who work with or on Oracle E-Business Suite applications.