Why assign balancing segment flex field qualifier in company segment ?
As per the accounting practice, accounting has to tally (debit total =credit total) for each company to take the financial statements. Now how does Oracle Apps identity which is a company segment? You could enter CMP, COMP, COMPANY, Company, Co, etc to define a company. Irrespective of what name you give it for a company, if you attach a qualifier as balancing segment, system knows that balancing has to be done at that level.
Is This Answer Correct ? | 1 Yes | 0 No |
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
What is is "Depreciable Basis" which is coming in "Asset Register Report" in Oracle Fixed Assets. How to calclate the Original Cost to get the same value which is coming in the Report. I got the information that Cost - Salvage Value. Its working fine only with One Addition. If we have multiple additions, then I am not getting calculated these Depreciable Basis Amount which is coming in Asset Register Report. Can any one help me out in getting this value calculation Please. Thanks & Regards, Rajkumar Peddi Cell: 9849024872
what is accounting entry once we receive GRN and inventory accounting.?
3 Answers Ernst Young, Tech Mahindra,
How can I get the Profit & Loss (P/L) report of a period in GL ? plz tell me the parameter name if it required me to submit a new request ?
There is employee X and employee Y (who is supervisor of X); when Y submits expenses how will the system ensures that this should not go to X even if he has the approval authority.
what is soft close and hot close periods in assets?
What is ment by retire asset? How do we retire assets in Oracle applications?
To implement AP from scratch-what is the process?
how data is transferred from interface table to base table ?
how accounting transactions in AP module??
What are the steps and control checks in posting journal entries ?
what is the difference between Revaluation and Translation? what are the steps in GL?