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Showing posts with the label iProcurement

Purchase Module Interview Question in Oracle EBS R12

 1. Can we automatically 'Close' the Purchase order without receiving the full quantity? Ans. The Receipt Close Tolerance lets you specify a quantity percentage within which Purchasing closes a partially received shipment. For example, if your Receipt Close Tolerance is 5% and you receive 96% of an expected shipment, Purchasing automatically closes this shipment for receiving. 2. When does a Purchase Order line get the Status 'Closed for Receiving'? Ans. Goods have been received on the system against this line but an invoice has not been  matched to the order.  3. What is the difference between the control actions 'On Hold' and 'Freeze' for a Purchase order? Ans. You can place a Purchase order 'On hold' only at the header level. This unapproves the purchase order while preventing printing, receiving, invoicing, and future approval until you remove the hold. You can 'Freeze' only at the header and release level. You freeze a Purchase order...

Setup Receivables on Oracle EBS R12

 Setting up Receivables in Oracle E-Business Suite (EBS) R12.3 involves configuring the Oracle Receivables module to manage customer invoices, receipts, and accounts receivable. Here's a step-by-step guide to set up Receivables in Oracle EBS R12.3: Step 1: Define Customers Navigation: Customers > Customers > Standard Set up customer master records by defining customer details, such as name, address, and contact information. Step 2: Define Transaction Types Navigation: Setup > Transactions > Transaction Types Create transaction types to categorize different types of transactions (e.g., invoices, credit memos, receipts). Step 3: Define Receipt Classes Navigation: Receivables > Receipts > Receipt Classes Set up receipt classes to group receipts by similar characteristics. Step 4: Define Receipt Sources Navigation: Receivables > Receipts > Receipt Sources Create receipt sources to identify the source of the receipt (e.g., cash, check, credit card). Step 5: Defin...

Setup iProcurement in Oracle EBS R12

 Setting up iProcurement in Oracle E-Business Suite (EBS) R12.3 involves several configuration and master data setup steps. Here's a step-by-step guide to set up iProcurement in Oracle EBS R12.3: Step 1: Define Responsibility for iProcurement. Navigation: System Administrator > Security > Responsibility > Define Create a new responsibility for iProcurement or use an existing one. Step 2: Assign Menus and Functions to iProcurement Responsibility. Navigation: System Administrator > Security > Responsibility > Define Assign iProcurement menus and functions to the iProcurement responsibility. Step 3: Define Purchasing Category Codes Navigation: Purchasing > Setup > Purchasing > Category Codes Define purchasing category codes to classify items into different procurement categories. Step 4: Set Up Item Master Navigation: Items > Master Items Set up item master records for each item you want to procure through iProcurement. Step 5: Set Up Supplier Master Navi...