Top 25 Oracle Fusion Financials Interview Questions & Answers 
                     Comprehensive Oracle Fusion Financials Course interview preparation 
through their expert-led course, featuring hands-on projects and modules 
aligned with real-world implementations. These 25 questions and answers 
target key areas like General Ledger, Payables, and Cash Management, 
drawing directly from the course curriculum for PDF submissions.
General Ledger Questions
1. What are the primary components of Oracle Fusion General Ledger 
setup?
General Ledger setup includes defining the enterprise structure, Chart 
of Accounts (COA), legal entities, business units, and ledgers. Tech Leads 
IT's course covers COA design and ledger configurations through 
Functional Setup Manager for
real-time implementations.
2. How does Fusion GL handle primary and secondary ledgers?
Primary ledgers record main accounting data, while secondary 
ledgers support different calendars, currencies, or accounting rules 
for statutory reporting. The course teaches ledger mappings and 
conversions for multinational compliance.
3. Explain period-end closing in Fusion General Ledger.
Period-end closing involves reconciling subledgers, running mass 
allocations, generating reports, and finalizing journals. Course projects 
simulate this process, including close calendar tasks and review 
checklists.
Payables and Receivables
4. What key setups are required for Accounts Payables in Fusion?
Payables setups include supplier configuration, payment terms, 
withholding tax, and invoice options. The training emphasizes process 
flows like invoice matching and payment batches with hands-on 
transactions.
5. How does Fusion Accounts Receivables manage customer invoicing?
AR handles auto-invoicing from receivables activities, credit memos, 
and receipt applications with aging analysis. Course modules cover 
setups for 18 lessons on transactions and 26 on process flows.
6. Describe the three-way matching process in Payables.
Three-way matching validates PO, receipt, and invoice 
quantities/prices before approval. Tech Leads IT training includes 
real-time procurement scenarios integrating PO, receipts, and 
invoices.
Cash Management and Assets
7. What is the role of Cash Management in Fusion Financials?
Cash Management automates bank reconciliations, cash forecasting, 
and liquidity analysis via bank statement imports and matching rules. 
The course dedicates 16 chapters to rules, parse rules, and GL 
reconciliations.
8. Explain Fixed Assets setups and depreciation in Fusion.
Setups cover asset books, categories, and depreciation methods; 
processes include additions, transfers, and retirements. Training provides 
12 setup lessons and 10 process flows for practical asset management.
9. How does Fusion handle bank statement reconciliation?
It supports auto/manual reconciliation with configurable matching rules, 
transaction creation rules, and external cash transactions. Course labs 
focus on creating statements and reconciliation rule sets.
Advanced Topics
10.What is Subledger Accounting (SLA) in Fusion Financials?
SLA generates accounting entries from subledgers using journals lines 
rules and mapping sets for flexibility. Custom SLAs are shared in Tech 
Leads IT's module-wise questioners.
11.Describe Intercompany Accounting setups.
Setups define provider/distributor relationships, intercompany accounts, 
and hubs; flows automate transaction balancing. The course includes 10 
setup lessons and 3 process flows.
12.How does Fusion Tax work across modules?
Fusion Tax centralizes VAT/WHT calculation with regimes, rates, and rules 
applied to AP/AR transactions. Training covers tax setups integrated with 
GL and subledgers.
Reporting and Implementation
13.What reporting tools are used in Fusion Financials?
Tools include BI Publisher, Financial Reporting Studio, Smart View, and 
OTBI for real-time insights. The course teaches role-based security and 
data migration for reports.
14.Explain data migration from legacy systems.
Migration involves historical journals, open AP/AR invoices via FBDI 
templates and data management tools. Tech Leads IT provides module-
specific test scripts for practice.
15.What security features does Fusion Financials offer?
Security Console manages roles, data access sets, and user duties for 
GL, AP, AR. The course starts with a security console and role overviews.
Fresher-Level Questions
17.Differentiate ledger sets from secondary ledgers.
Ledger sets group multiple ledgers for reporting; secondary ledgers 
add parallel accounting. Course Functional Setup Manager lessons 
clarify this distinction.
18.How do you create a bank statement in Cash Management?
Import via spreadsheet or web service, parse with rules, then 
auto-match transactions. Training dedicates chapters to this 
complete flow.
19.What is Enterprise Structure in Fusion?
It defines legal entities, business units, and COA for global operations. 
The course covers design in a common configuration module.
Experienced Scenarios
20.How to troubleshoot unmatched bank transactions?
Review tolerance rules, parse errors, and manual adjustments; run 
diagnostics. Course evaluations prepare for live troubleshooting.
21.Explain allocations in GL.
Allocations distribute costs via rules across accounts/segments 
periodically, with mass allocations during period close.
22.How does Fusion integrate with Procurement?
Manages requisitions, POs, receipts, and POR invoices with supplier 
setups across 28 dedicated chapters.
23.Describe Expenses module processes.
Setups for policies/approval; flows for reports and reimbursements via 
credit cards, covered in 11 lessons.
24.What career paths open after certification?
Roles like GL Consultant or AP/AR Analyst (3-45 LPA); Tech Leads IT 
provides mock interviews and job portal access.
25.What are key differences between Fusion GL and EBS GL?
Fusion GL offers real-time reporting, subledger integrations, and multi-
GAAP support via secondary ledgers, unlike EBS's batch processing. Tech 
Leads IT course includes migration scenarios for EBS to Fusion transitions
Tech Leads IT's Oracle Fusion Financials Course equips learners with these 
exact skills through live sessions, recorded access, and placement 
support, making it ideal for PDF-based interview prep and career 
advancement
Check Our Course: Oracle Fusion Financials Certification Course