Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the difference between Revaluation and Translation?
what are the steps in GL?

Answer Posted / selvi

o Revaluation: adjusts asset or liability accounts
that may be materially understated or overstated due to a
significant fluctuation in the exchange rate between the
time the transaction was entered and the time revaluation
takes place.
o Translation: restates an entire set of books or
balances for a company from the functional currency to a
foreign currency

Is This Answer Correct ?    36 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

can any one tell me what exactly functional consultant do on daily basis? client requirements?

971


What kind of budgets have you worked on?

2375


explain your project plan with exam pal? i am preparing inter view .............

2378


I am working on PPR process to print checks. Currently the checks are printing for each supplier, supplier site and payment method group. My requirement is the invoice level one DFF is available (like A and B are the input values). Please let me know how include this DFF at invoice grouping level.

1635


How do u bridge the gaps in functional understanding of AP,GL,FA. explain with some live examples.

2579


what is the steps to customization ?

2390


What are register in India localisation?

2020


What is meaning of deprecation?

1157


What is the Use of Grouping Rule in Receivables ? is it mandatory field ?

1556


difference between primary ledger and secondary ledger in r12

1551


What is the db number of a particular customer TCA?

1372


Payables Applications Technical Reference Manual

2507


difference between tds and income tax (India)

1924


When we run a GL Reconciliation Report, we also see the void payments in that report. Even though i disable the option of Show Void payments, its appearing in the report.How do i proceed so that i dont see those void payments in the GL Reconciliation Report?

2924


I have created an invoice and made the payment in Accounts payable. Now the payment status is Negotiable and accounting status is processed. I reconciled the transaction in Cash Mgmt, The status changed from negotiable to Reconciled in CM. I checked the payment status for the invoice in payment window(AP), the payment status changed to RECONCILED UNACCOUNTED i.e correct but the accounting status is remain processed which is not the correct. I hope the transaction will be correct if the accounting status would have changed to PERTIAL . Please suggest any solution for the above query.

5323