What is Aging Periods?

Answers were Sorted based on User's Feedback



What is Aging Periods?..

Answer / san

Aging periods nothing but the periods that we setup to
control and maintain the supplier outstanding bill towards
the invoice. form this we can able to study the due date of
the supplier form the generation of invoice . following is
setup for define aging periods Ap= setup-calancer-define
their your select .Aging periods then define your own aging
calender

Is This Answer Correct ?    7 Yes 0 No

What is Aging Periods?..

Answer / trupti

Use the Aging Periods window to define time periods for the Invoice Aging Report. The Invoice Aging Report provides information about invoice payments due during four periods you specify. Payables displays the invoice information in four columns. Each column corresponds to one period.

When you submit the Invoice Aging Report, you select the type of aging periods to use for the report.

For example, you define one type of aging period called Weeks Past Due, and define the following periods for Weeks Past Due: 1 Week, 2 Weeks, 3 Weeks, and Over 3 Weeks. You also define a type of aging period called Current, and define the following periods for Current: Due in More than 3 Weeks, Due in 3 Weeks, Due in 2 Weeks, and Due in 1 Week. When you submit the report, if you select Weeks Past Due for the Type parameter, Payables reports on the four periods with that type.

You can use the Aging Periods window to modify or reorder the periods within an aging period type at any time.

Is This Answer Correct ?    5 Yes 0 No

Post New Answer

More Oracle Apps Financial Interview Questions

dear gurus i would like to know about Flex field qualifiers

4 Answers   Genesis,


how to do bank reconciliation

2 Answers   Arihant,


What are the matching Po options in AP Invoice Workbench and what is the different b\w them?

1 Answers  


What r the validations we will do in Customer Interface

3 Answers   Fidelity,


why we need to run "Payables accounting process" for interest invoices? What are the accounting entries created?

1 Answers  






tell me the ap period end process

3 Answers   IBM,


What are the key flexifields avilable in Oracle General ledger?

7 Answers   Oracle,


What are the steps involved in connecting reporting set of books to primany set of books. How to translate from Functional to Reporting currncy every month or daily?

2 Answers  


How can FSG be generated to provide dynamic report i.e. current month, previous month and 2 months before balances for a given period?

1 Answers  


What is GL Consolidation Elimination Process in Oracle Apps Functional?

2 Answers   CTS,


MOAC setup and which module do the setup? And what is the use of MOAC?

4 Answers   Deloitte,


What is Debit Memo & Credit Memo in Payables?

27 Answers   Cognizant, HCL, IBM, TCS,


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)