Answer Posted / rahmath
translation is a reporting tool, which is used to translate
accounting balances or transactions from functional
currency to froeign currency..
THE RULES OF TRANSLATION..
u cannot enter the jornals in first period..
why beacause this is the rule of FASB(financial accounting
standard board)..
the next and future period should be open.
ex:- jan
feb----enter transactions
mar--open
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
what is VAT claim process?
Re: what are the Issue that we face in Gl,PO and AP while Supporting
I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
encumbrence set ups?
What is the use of gl set of books name, while configure multiorg?
could you please post some work around that any body have done in the financial modules.
what is the use of hr: security profile, while configure multiorg?
What is the Invoicing System in Oracle R12
can we define 2 different currency revaluation at a time??
difference between tds and income tax (India)
Hi I'm new in ERP - Oracle Application i appriciate if any one help me in this issue i need SQL to get badeget balance Acutal Balance Encumbrance Balance fund Avalable thanx ahmed
Provide an overview of AR cash receipt processing.
Hi guys, any person available ap,ar material pls send me this mail.id sreenathapps09@gmail.com
How do u bridge the gaps in functional understanding of AP,GL,FA. explain with some live examples.
