Answer / tgs100

Both are entirely different. Consolidation is the process of transferring the accounting details from one or more subsidiary ledger to a parent ledger.
Revaluation is revaluing the foreign currency transactions for asset and liability accounts based on the period end conversion rate (There is no revaluation if there is no conversion rate change between the transaction time and the period end).
Translation is translating the accounting information from one currency into another currency.

whichever documents prepaired by the FUNCTIONAL CONSULTANT while implementing project by using AIM.

8 Answers   Accenture, TCS,

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what is MD050 & wat specifications are included in it

5 Answers   Meru Cabs,

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IS Automatic writeoff allowed for both over n under payments??

3 Answers  

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what are flexfields in Asset?

6 Answers  

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I have requirement where the Invoice given by supplier is in USD, but the payment can be done in GBP. Is it possible in AP?

4 Answers  

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What is the use of mo: security profile, while configure multiorg?

0 Answers  

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i have studied oracle 11i finance courser at Oracle Universiyt at chennai. Now, i want some experience in same filed. If any have this chance, please inform to me

3 Answers  

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how data is transferred from interface table to base table ?

4 Answers  

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Why use zero amount payment? what is setup and which condition use ?

1 Answers   Deloitte,

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2. O2C cycle with which accounts get effected

2 Answers   Meru Cabs,

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What is meant by pay on receipt auto invoice?

4 Answers  

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What is the use of Additinal paythrough days n AP?

1 Answers  

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