few Oracle Apps functional questions

How to Support projects life cycles details?

It is depends on companies planned but the basic rule is

1. Receiving/Creating Functional Requirements
2. Developing
3. Testing and Validation (includes meeting with business
users)
4. Production 

How to do the Analysis of discounts lost and fixing the
root cause?

There is a discount taken and lost report which can tell us
about this. This report can be submitted from the SRS window. 

What is Multi Org? What is difference between 11i and 12i Multi Org Structure?

The multiorg architecture is meant to allow multiple
companies or subsidiaries to store their records within a
single database. The multiple Organization architecture
allows this by partitioning data through views in the APPS
schema. Multiorg also allows you to maintain multiple sets
of books. Implementation of multiorg generally includes
defining more than one Business Group.

Basically the different entities in multi-org are:
• Business Group (BG)
• Sets of Books (SOB)
• Legal entities (LE)
• Operating units (OU)
• Inventory organizations (IO)

 What is the Entry in Oracle Apps AP,AR,GL for following Transations
1.One Pipe purchase at Rs.100
2.One Pipe Sales At Rs.150:

1)Whenever we buy item there is no journal Entry.

2)When we Receive Material into inventory Org
Material Value A/C ---- Dr
Inventory AP Accrual A/C --- Cr

3)When we are going for payment
Charge A/c --- Dr
Liability A/c --- Cr

Liability A/c --- Dr
Cash Clearing A/c --- Cr
4)In Cash Management

Cash Clearing A/c --- Dr
Cash A/c --- Cr

5)When we Making Sale
Cost of Goods A/c --- Dr
Material A/c --- Cr 

 

What is the use of below profile options while configure multiorg?

1. HR: Security Profile
2. MO: Security Profile
3. GL Set of books name
4. MO: Operating Unit
5. HR: User type

HR:SECURITY PROFILE->restricts data in HR according to Business Group or whatever the criteria we mentioned in the security profile.
HR:User Type-> to complete the org setup,purchasing,payables and recievables responsibilties need it.
MO:SECURITY PROFILE->it restricts the access to certain operating units.not necessary for gl and inventory resposibilities and for HR it is optional.
MO:OPERATING UNIT->which operating unit a particular responsibilty corresponds to.
GL SET OF BOOKS NAME->each responsibilty identified with thisprofile.can see only the accounting information.