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.

Explain automatic offset in AP.

2 Answers  

---

Can you split an Invoice?

5 Answers   Cap Gemini,

---

types of valuesets

1 Answers  

---

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 are payment manager, steps in payment manager process?

3 Answers  

---

1)I created a business group BG and assigned profile classes to that and my question is a)In purchasing financial options under human resource tab unable to see my BG but VISION CORPORATION is coming. b)at ledger level operating units page whenevr adding my OUs vision corporations are showing instead of my BG. 3)Tell me after create my BG assign profile classe to my RESP then wht is the next step with BG

4 Answers   NTT Data,

---

What are the inventory report to check inventory status.

0 Answers   Arihant,

---

What are the different types of Value sets (or) Validation types ?

1 Answers  

---

what is meant by functional specifications involved in po and ap?

1 Answers   Cognizant,

---

What difference between Approval Hierarchy and Employee Hierarchy ?

3 Answers   IBM,

---

What is Auto accounting feature in AR ?

1 Answers   Unisys, Wipro,

---

if you are not having a cashmanagement module how to reconcile or how to clear the transactions?

2 Answers   Genpact,

---