Answer / bismaya

1.Revaluation is a period end process, translation can be run any point of time.
2. Revaluation is used to determine the unrealised gain/loss due to foreign currency fluctuation so the source currency in revaluation is foreign currency. Translation is done to determine convert the functional currency balances to functional currency so the source currency is functional currency here.
3. Revaluation uses daily rates, translation uses period end rates (Assets& Liabilities),Period Avg Rates (Expenses and Revenues),historic rate for (Equity)
4.Revaluation journals are created once the revaluation process is run.No journal gets created only the balances get updated in the reporting currency ledger.
5.Mandatory accounts in revaluation are unrealised gain/loss accounts and in translation we have CTA(Cummulative Translation Adjustment Account.

what is the steps to customization ?

0 Answers   AB Inc, TCS,

---

What is ment by retire asset? How do we retire assets in Oracle applications?

2 Answers  

---

When we run the translation we can give only one rate type, then how can we run it for two different exchange rates?

2 Answers   Accenture,

---

What is the use of the Default GL Date given in parameters of the Autoinvoice import program?

1 Answers  

---

What is the CTA Account& What is the use of this?

1 Answers   Cognizant,

---

---

Hi All, My name is Prashant ..I want to know good institutes in Bangalore which provide training on Oracle Apps Financials..AP,AR,GL,CM,...Mail me at prashant09itagi@gmail.com

9 Answers   ABM, Wipro,

---

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

3 Answers  

---

Can you hold the partial payment if yes then how?

3 Answers   Fidelity, HCL, IBM, TCS,

---

5 major Differences between Translation and Revaluation

1 Answers  

---

what are the documents prepared by functional consultant under aim methodology, which document will be prepared in each phase and which is the important phase in aim.

2 Answers   TCS,

---

What is the difference between the credit memo and Debit memo?

5 Answers   KPIT, TCS,

---

can we create purchase order without requisition ?

6 Answers   TCS,

---