Oracle Functional Consultant

Oracle Functional Consultant Interview Questions and Answers

Updated 24 Apr 2024

Q1. What tools have you worked upon?

Ans.

I have worked on various tools including Oracle E-Business Suite, Oracle Fusion Middleware, and Oracle Cloud Applications.

Oracle E-Business Suite - worked on modules like Financials, Procurement, and Order Management
Oracle Fusion Middleware - worked on SOA Suite, WebLogic Server, and Identity Management
Oracle Cloud Applications - worked on modules like Financials, Procurement, and HCM
Also worked on tools like SQL Developer, Toad, and JIRA for project management

Q2. What are the entries for prepayment

Ans.

Entries for prepayment in Oracle include creating prepayment invoices and applying them to subsequent invoices.

Create prepayment invoice with appropriate details
Apply prepayment to subsequent invoices
Adjust prepayment amount if necessary

Q3. Core values the candidate possesses.

Ans.

The candidate possesses integrity, teamwork, and adaptability as core values.

Integrity: Honesty and ethical behavior in all situations.
Teamwork: Collaborating with colleagues to achieve common goals.
Adaptability: Willingness to learn and adapt to new situations.

Q4. Process Improvement Implementation

Ans.

Process improvement implementation involves analyzing current processes, identifying areas for improvement, implementing changes, and monitoring results.

Analyze current processes to identify inefficiencies
Develop a plan for improvement with clear objectives and timelines
Implement changes gradually to minimize disruption
Monitor results and adjust as needed to ensure success

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Q5. explain p2p and o2c

Ans.

P2P stands for Procure to Pay and O2C stands for Order to Cash.

P2P involves the process of requisitioning, purchasing, receiving, paying for goods and services.
O2C involves the process of receiving and fulfilling customer orders, invoicing, and receiving payment.
P2P includes steps like purchase requisition, purchase order, goods receipt, invoice verification, and payment.
O2C includes steps like order entry, order fulfillment, shipping, invoicing, and payment collection.