41⟩ What is the MD form 50?
MD50 is a Functional design document used in AIM methodology.
mainly used for Application Extensions and Interface functional design.
Oracle GL
Home Oracle Oracle GL
“Oracle General Ledger (GL) Interview Questions and Answers will guide us that Oracle General Ledger module within Oracle Financials is an integrated part of the ERP package Oracle applications. It is a financial management solution within E-business suite for entering Journals, planning and budgeting, financial reporting etc of large companies. So learn Oracle GL and get job in Oracle GL with the help of this Oracle General Ledger (GL) Interview Questions with Answers guide”
45 Oracle GL Questions And Answers
42⟩ Can we change the profile value? How?
nd_profile API can sbe used to set the profile value
fnd_profile.put(name in varchar2,value in varchar2)
43⟩ What is the difference between GL date and GL posted date?
GL Posted Date : It is the defaultly current date, but you can change it.
GL Date : Beginning and ending GL dates that will be picked up when interface is executed.
44⟩ At what stage is the subledger data posted to GL?
Basically after entering the transactions, report will be taken to verify the transactions. In case, if approval is needed, it is approved after verifying the transactions. Once you are sure that the transactions are correct, the same can be posted to GL. Once it is posted, most of the informations for the posted transaction can not be modified in the subledger. In case of any wrong entry, you need to follow the reversal procedure.
Practically, the verification of transactions are done only during the initial stages after implementation. Once the system becomes stable, it is not followed strictly.
Note : Make sure that GL period is open for the transaction GL date.
45⟩ In GL there is no org id. So how do we differentiate the data from different operating units?
In GL you will have Set of Books Id defined for each set of books you define for the organizations. Using SOB's ID you will distinguish the Books or Organizations.
