Fusion Interview Questions
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--HCM Interview questions
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1. What is program name to Load FBDI Files data into Interface tables?
Ans. Load Interface file for Import
It will trigger another 2 jobs called " Transfer File" to transfer the csv
file
UCM (Universal Content Management) and "Load file to Interface".
2. What is Payable Invoice Interface FBDI Program Name?
Ans. Import Payables Invoice
3. How can we place a hold on invoice?
Ans. Go to invoice options and set Hold Unmatched Invoices
Supplier Site level in Invoicing tab we can check hold invoices.
4. Cross currency payment process?
Ans. Go to Bank Account and enable allow multi currency check box and load the
conversion rate through FBDI. Set up the Cross currency account at
Specify Ledger Options.
5. Payable Invoice Aging Periods.
Ans. We can create aging periods as per the requirement in setup called create
aging periods and then go and submit "Payable Invoice Aging Periods" program
with the created aging period name.
6. Can we process 3rd party payments in Supplier invoicing module?
Ans. Yes, we need to create 3rd party as a supplier and authority to receive the
payments
on behalf of the actual supplier.
7. How to compare the roles?
Ans. Go to Security console and select any two role and compare.
8. What type of roles we have in Fusion?
Ans. Job Role - is nothing but kind of responsibility in EBS like Accounts Payable
Supervisor
and etc..
Duty Role - Inside job role we have tasks those are called Duty roles ex:
invoice creation
Abstract Role - Related to HCM roles.
Other Roles - Some common roles not related to any of the above roles.
Aggregate Privileges- Some specific report submission or an action kind of
roles.
9. Can we modify seeded roles/pre defined roles?
Ans. No, but we can copy them and create custom roles as per your requirement.
10. What job you need submit to synchronise the roles to user?
Ans. "Import User and Role Application Security Data" job we need to submit if the
roles
not synchronise automatically.
11. Can we assign duty roles to user?
Ans. No, we can assign duty role to job role and then assign Job roles to user.
12. How to prepare supplier refund?
Ans. There is no standard functionality for supplier refund in Fusion.
We need to create some manual approach for the same.
13. What is the approval process we will use in Fusion.
Ans. We will use BPM (Business Process Management)
13. What is the mandatory step we need to use an account in Payable reconciliation?
Ans. We need to set up account category as account payables in the
chart of account structure account value setup.
14. Period Close process in Payables.
Ans. Reports need to be run
1. Validate Payable Invoices - to validate all the invoices
2. Create accounting - to create the accounting entry and post to GL.
3. Mass addition Report - to post the fixed asset invoices to FA.
4. Bills payable for Maturity - to pay post date checks.
Set Financial Category for Accounts Payables
Run " Prepare Payables to General Ledger Reconciliation"
Run " Payables to Ledger Reconciliation Report" this report will give the
variance if any
we can correct them according to the which part you have variance and close
the period.
15. How to use MOAC in Fusion?
Ans. We can create security profile by using "Manage Security Profile for
Organization"
and assign business unit to it, then create job role and assign this
security profile.
16. What do you need to create a supplier?
Ans. To create a supplier you need have the "Supplier Manager" role and data set
access
for the Business unit and you should be setup as Procurement agent for the
BU.
17. What are the Supplier types available
Ans. Spend authorise and Prospective
P2P
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18. What are the mandatory steps to create inventory org?
Ans. We need to create Facility Shifts, Facility workday patterns, create Facility
schedules
and attach the facility shift to it.
19. What account type for Charge and Accrual accounts?
Ans. Charge account must be Expense type and Accrual should be Liability type (not
mandatory).
20. What is PO TAB?
Ans. PO TAB is a set up called as PO Transaction Accounting Builder.
21. What are mandatory accounts in PO TAB?
Ans. Accrual, Charge and Variance accounts are mandatory.
Destination Charge and destination variance
are optional.
22. What is the mandatory setup for creation of an Item?
Ans. Item class, where we set up item number
23. Is Sub inventory must?
Ans. Yes, without sub inventory for each inventory org we cannot receive the items.
24. What is Payon Receipt concept?
Ans. Payon receipt is nothing but as soon we create the receipt system will create
the invoice
automatically. For that we need to set up the supplier site level under
purchasing tab
enable payon receipt check box and select "Invoice summary level" (Pay
Site/Receipt/Packing Slip)
and run the job called "Send Pay on Receipt".
25. What is the job name to synchronise the BI report to Security Console?
Ans. Import User and Role Application Security.
--AR
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27. What is Earned and Un Earned discount in AR?
Ans. If customer is paying the amount within the due date is called earned discount
If customer is paying the amount after the due date is called un earned
discount.
28. What are the pre requisites to load the AR transaction data through FBDI?
Ans. We need to configure the
1 . Auto Accounting Rules for all the transaction types.
2. Need to create the transaction source as "Imported".
3. Create Line Transaction Descriptive Flexfield Structure.
29. Receivable to General Ledger Reconciliation process.
Ans. Step1: Set financial account category account as "Account Receivables" in
Chart of account
structure value set values.
Step2: Go to Schedule Process and run the job called
"Prepare Receivable to General Ledger Reconciliation" with
appropriate parameter values.
Step3: Go to Account Receivables task name "Receivables to Ledger
Reconciliation" to see any variances.
Interview topics/areas
I believe browsing through common Interview questions will help learn more about
Fusion Apps. Listed below are couple of questions.
Generic Questions:
• Have you worked on any Cloud implementation/Support project?
if yes please explain about the project
• How many modules were implemented?
• Which version?
• Explain your role
• Elaborate on Phases and Duration of the project
• Elaborate on the documentation
• How big was the team and what was the team composition
• Were you involved in data migration, reporting, configuration, testing,
integration, management, security, requirements gathering, design, documentation,
user training, post go live support, upgrades, interacting with Oracle support etc.
Architecture related:
• Explain architecture of Cloud ERP
• Elaborate on Product Family, Offerings, Features, Options
• Explain FSM, Implementation Project, Task List, Tasks
• Explain Rapid Implementation
• Explain configuration migration from one instance to another
Security related:
• Explain the security model in Oracle Fusion Apps/Cloud ERP
• How many types of Roles have you worked on?
• Explain Function security and Data Security
• Why do we need Custom Roles?
• Have you created any? and Explain the Custom Role creation process
• How do you create users?
• How do you assign roles to Users?
• How do give access to Data in GL/AP/HCM?
• Have you used Data Roles?
• What are Privileges?
• What is Auto Provisioning?
• Explain how do you achieve giving access to invoice creation but
• restrict invoice payment access
• Explain BIP related security/roles
• How different it is from R12/11i
• What are the default users created by Oracle?
• is SYSADMIN user available in Fusion?
General Ledger module related:
• Have you configured GL module?
• Explain GL module configuration
• How different it is from R12/11i
• Is there Business Group setup in Fusion?
• Elaborate Enterprise Structure in Fusion
• Explain Accounting structure instance
• Explain segment labels, segment attributes (third party control account)
• How many balancing segments can you define in Fusion
• Explain BSV
• Explain ledgers and creation process
• What are Essbase cubes?
• Name the seeded GL Job Roles
• How do you grant access to a ledger to a user?
• Explain segment level security rules
• Explain Cross Validation Rules (filter, condition)
• Explain Hierarchies (audit, row flattening)
• What is use of maintaining versions of hierarchies?
• Explain the need for having multiple hierarchies
• Explain hierarchy publishing (when we should not publish? multiple child
assignments)
• Elaborate Accounting calendar. explain start date and translation process
relation
• Explain period frequency, adjusting period concept
• Explain calendar period and fiscal period
• Explain Currency related processes (conversion, revalvation, translation)
• Explain STAT
• Explain rate type (spot, corporate, user)
• Explain Cross country rate rules
• Explain Secondary ledgers, Reporting currency ledger, conversion levels
• Explain ledger set
• Balance cube dimensions (period, ledger, COA segments, scenario, balance amt,
amt type, currency, currency type)
• Close status monitor
• Allocations – calculation manager
• Consolidation methods – Reporting, balance transfer, financial management con
– hyp, eliminations
• Budgeting
• Data migration
• Journal entry (entry page, spreadsheet, fbdi, webservice)
• Financial Reporting Center
• Account Monitor, inspector
• Smart view1
• OTBI
• BIP
•
Hope it helps! Please don’t forget to leave your comments. Thanks
