Wiley Interview Questions and Answers

Unapplied payment is a payment received but not yet applied to a specific invoice or account, while unidentified payment is a payment received but cannot be matched to any invoice or account.

• Unapplied payment is a temporary holding account for payments that have not yet been allocated to a specific invoice or account.

• Unidentified payment is a payment that cannot be matched to any invoice or account, usually due to inco...read more

O2C cycle refers to the process of receiving and fulfilling customer orders.

• The cycle starts with receiving the order from the customer.

• The order is then processed and verified for accuracy.

• The product is then picked, packed, and shipped to the customer.

• The customer receives the product and the invoice is generated.

• The payment is received and recorded in the system.

• The cycle ends with the reconciliation of accounts and...read more

T-codes used for running payments and finding errors in SAP.

• F110 - Automatic Payment Run

• FBZ5 - Payment Program: Error Analysis

• FBZ0 - Payment Proposal

• FBL1N - Vendor Line Items

• FBL5N - Customer Line Items