Answer / bismaya

Elimination is a part of the consolidation process, where we define elimination set to eliminate the additional entries due to inter company transactions in the consolidation ledger.
This process will avoid the under statement and over statement of the balances in the consolidation ledger.

Answer / chandini.e

Elimination is the process of getting rid of something in fields such as waste, errors, or the competition . Derived from the Latin word limen, which means threshold.

Why does an accounting period doesnot appear in the accounting periods list of values on the journal entry form?

2 Answers  

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What is the significance of Voucher?

1 Answers  

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What is consolidation and in which module do you used it and when?

3 Answers   IBM,

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How to refund for a customer who returns goods and wants a refund for $600 in R12 In above scenarios customer does not want Credit Memo or On- Account Credit, he wants refund check . and as we know we do not issue check from AR. How can we issue Check from AP and how offsetting is done for the same in R12

1 Answers   IBM, iGate,

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What are the Setups required for payable invoice approval.

3 Answers  

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what are mandatory setups for Receipt creation.?

2 Answers  

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What is Cross Journal?

1 Answers   Accenture,

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wat is auto accounting

5 Answers   Meru Cabs,

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How to see the structure of organization?ie which LE connected to which ledger and which OU connected to which LE?

2 Answers  

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"Testing Client Specific Business Rules" explain.

1 Answers   HCL,

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What is multi org? What is difference between 11i and 12i multi org structure?

0 Answers  

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What are the setups in R11i for fund transfer between two bank

2 Answers  

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