Answer / loren

Accounting set of books is just simply the same as the set
of books with an expanded use for system and orderly
reporting purposes. Set of books or Ledger have the
following configuration:
1. chart of accounts
2. calendar
3. currency

if all of your companies is the same set use as above, you
can share one set of books, meaning you can commonly use the
1 set up of set of books, but any one of above is diff. you
have to create another set of books. Whereas accounting
book is commonly terminology in accounting while we are the
class room during college days. But if you will ask for the
definition of it, the meaning and content is the same as set
of books.

Explain Secondary Tracking Segments.

1 Answers  

---

Item is not showing in the items list, what is the reason for that in backend?

1 Answers   Cap Gemini,

---

I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thank you in advance for your help.

3 Answers   Oracle,

---

What is the Role of As a functional Consultant. Can any Body help me out

2 Answers  

---

Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?

0 Answers   HCL, Satyam, TCS,

---

---

What is difference between security rule and cross-validation rule and what is difference between both of?

2 Answers   Deloitte,

---

3)If you have awareness sin BG please tell me once i create BG and assingning profile classes to the responsibility then what to do whith that.

1 Answers   NTT Data,

---

In What scenerio intercompany and mass- allocation journal can be used in business?

2 Answers   Genisys, Rolta,

---

you have received excess money from the customer. now you want to refund the excess money. what is the set up for that?

4 Answers   Conacent,

---

What is the use of defining security hierarchy?

3 Answers  

---

What is the period end process in AR.What is the reports required for peeriod process

1 Answers   Cognizant,

---

difference between manual payment and quick payment?

4 Answers   Cognizant, SDGA,

---