1) Calculation of retro price changes (with back dated effect) price changes, from given date and its

effects at respective period to debit and credit side, to customers and suppliers as well. 1st level understanding:  Retroactive Billing allows you to change billing amounts retroactively in the event of a price renegotiation. Retroactive Billing is a common business process in some industries, especially the automotive industry, whereby a customer requests changes to the amounts charged on already invoiced orders and receives credits or additional invoices. Order Management provides a query to identify order lines that have previously been invoiced that may be subject to such retro billing, a simple approval mechanism, and then the automatic generation of credit memos (and occasionally invoices).  Periodically, the price of an item on a sales agreement or purchase order will be changed, for example, a commodity will sharply increase or decrease in price. The customer will issue an amendment to the sales agreement or purchase order. If the price change is retroactive, shipment quantities are identified that occurred during the retroactive billing period, and the additional charges or credits are calculated and sent to the customer for billing. Query: You change your stock index in daily basis or what duration and How? If yes y Tell me the procedure through which you do?

 Are you having two different departments for paying and receiving? If yes y How do you adjust index rate in both side?

 How do you adjust inventory? y Through manual JV or cost adjustment.

2) Taxes are not updating for ISO Transactions. 1st level understanding:  Shipping transaction setup need to check whether correctly configured or not.  Need to understand the transaction flow of ISO, (at the time of ISO transaction which tax category is attached to the items).

 If everything correct we need to check with oracle there is bugg or need to apply some patches for issue fix.

Query: Define your organisation with respect to ledger , inventory and locators? y y Receipt routing What type of Taxes you use and their structure during internal org transfer?

 What are your shipping rules?  Define your order lifecycle process with respect to internal org transfer?

3) 57F4 auto closure on FIFO basis to cater changes in BOM due to ECNs. 1st level understanding:

Standard Operating Procedure (SOP) : Need to navigate to Approve 57F(4) Dispatch Screen and verify the details populated, update the quantity you wish to dispatch and approve the dispatch. Form (Challan) number will be generated.  57F4 forms are created on the basis of BOM components defined for the Item being subcontracted. In case the issue of material to the sub-contractor is in a staggered manner (items or quantities), Enter Manual 57F4 form can be used for the subsequent dispatches. Each dispatch in the Manual 57F4 generates a new challan number.  Receive the items against the Purchase Order or Release; Return quantity in Approve 57F(4) Receipt will get updated.  On final Receipt of material, navigate to Approve 57(F4) Receipt window and approve the Receipt.  If an OSP item is returned, new 57(F4) will be generated and then steps 1 to 4 should be followed.

Query: Do have any specific no. for ECN?  At time of receiving the item how you identify them because version are not mentioned at that time?  Right now probably you are facing problem in accounting entries also?if yes then how?

4) Balance sheet, P/L statement as and when required. 1st level understanding:  In Oracle you will get Balance sheet and P&L statement through FSG configuration, And in this report u will get only PTD,QTD and YTD.(depends on calendar configuration.)  It is possible through customization form by giving from date to date. Query:    How many total account you have? Define all assets, liability, revenue, expense account in that? Mapping of chart of account with scheduling? Trial balance report.

5) Reconciliation of control Accounts and drilldown of GL balances. 1st level understanding:  Interim control reconciliation.  AP, AR, FA reconciliation.  India Localization Reconciliation.  Through GL Drilldown option we can check the subledger account details.