Explain payment process profile?

Answers were Sorted based on User's Feedback



Explain payment process profile?..

Answer / sudhakar

Payment process profile is the new feature added in R12. Before it is not existing in 11i. When you are making single payment by considering payment method as quick/Manual in that time we are using this Payment process profile. Once if you picked your Payment process profile at payment work bench level. System automatically picks your Bank and Payment method and your pay site automatically.

Is This Answer Correct ?    1 Yes 1 No

Explain payment process profile?..

Answer / prasad

PPP

For Single or Batch Payment, PPP is must. It provides the complete range of process while processing of any payment.

1. Document Creation
2. Document Selection
3. Payment Process Request Submission
4. Account and Profile Assignment
5. Document Validation
6. Payment Creation and Validation
7. Review and Modification
8. Payment File Creation
9. Payment File Validation
10. Extraction and Formatting
11. Transmission
12. Payment Document Printing
13. Post-processing

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Oracle Apps Financial Interview Questions

How tp determaine that multi org is already implemented ?

1 Answers   IBM,


what diff b/w security rulues and cross validation rulues

9 Answers  


Use of Future dated payments?

4 Answers  


what is the profile options

2 Answers  


What are the steps to close the period in AP, FA, AR and GL ? What reports do we need to run? What is order to cash cycle ? Explain? What is P2P Cycle?

1 Answers   Oracle,






What is Interest Invoice and how it can be created?

3 Answers   HCL, IBM, TCS,


How to Write off AP invoices which are not paid or in future we dont want to pay?

1 Answers  


What is meaning of deprecation?

0 Answers  


segment qualifier types and usage

4 Answers   Cap Gemini,


there is something called "pragma" ?what is it ?on which context it is used ?

1 Answers  


What is the difference between invoice price variance and purchase price variance?

4 Answers  


Can it be set that the GL date is the Sale Order date or Ship to Date?

1 Answers  


Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (793)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (114)