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What is Oracle Functional Consultant?

What is Oracle Functional Consultant?

Oracle functional consultants are professionals who are responsible for providing Oracle application solutions to a range of clients across high-profile jobs. They must collaborate with other information technology (IT) professionals to define and implement solutions related to enterprise resource planning (ERP).

What is Accounts Payable in Oracle Apps?

Oracle Accounts Payable’s is part of Oracle Financials, which is part of Oracle’s E-Business Suite. Oracle Payables business process flow is setup, suppliers, invoices and payments, inquiry and reporting and period-end processing.

How do I become a Oracle Functional consultant?

Oracle consultants typically need a bachelor’s degree in a technical subject, such as computer science, logistics, or systems information. They should also have relevant work experience, such as a previous role in business intelligence or using Oracle proprietary software to implement business solutions.

What is the role of functional consultant?

A Functional Consultant is involved in the planning, design and oversight of the contruction of a software system. They take the requirements of the client or customer and use their understanding to analyse various methods and solutions to build a system that meets the client’s required structure.

What is GL interface in Oracle Apps?

The PeopleSoft Student Financials General Ledger Interface (GL Interface) records the effect of Student Financials transactions (for example, charges, payments, and cash receipts) against a general ledger chart of accounts.

What is balancing segment in Oracle Apps?

When you define an account, you must make one of the segments a balancing segment. The system ensures that journal entries are balanced–debits equal credits–for each value of the balancing segment.

What is AR module in Oracle Apps?

The Oracle Accounts Receivable module works with other Oracle Financial modules to provide a complete set of transactions and reports for maintaining accounts receivable control.

What is procurement pay cycle?

Procure-to-pay is the process of integrating purchasing and accounts payable systems to create greater efficiencies. It exists within the larger procurement management process and involves four key stages: selecting goods and services; enforcing compliance and order; receiving and reconciliation; invoicing and payment.

What are the advanced Oracle apps functional interview questions 2021?

Mindmajix offers Advanced Oracle Apps Functional Interview Questions 2021 that help you in cracking your interview & acquire a dream career as Oracle Apps Functional Developer. What is a journal, how many types of the journal? What is Dynamic Insertion? What is the Adjusting Period? How many types of Purchase Orders (PO’s)?

Is there any job opportunities in Oracle apps functional development?

There are a lot of opportunities from many reputed companies in the world. According to research, Oracle Apps Functional has a market share of about 5.7%. So, You still have the opportunity to move ahead in your career in Oracle Apps Functional Development.

How to become an oracle apps technical professional?

If you want to enrich your career and become a professional in Oracle Apps Technical, then enroll in ” Oracle Apps Technical Training ” – This course will help you to achieve excellence in this domain. 1. What is Set-of-Books?

What does an Oracle Functional consultant do?

An Oracle Functional Consultant works on the set of packaged software solutions called Oracle E-Business Suite (EBS) , or its more recent version; Oracle Fusion/Oracle Cloud. Oracle EBS runs on-premise, which means the software + data live predominantly on client’s servers, it can also be hosted on the Oracle Cloud.

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