Answer / kv

Unearned revenue generally occur in Billing in advance scenario where Billing is done and revenue is not yet accrued. The accounting entry for this transaction would be Dr Receivables A/c and Cr Unearned Revenue. Later on once the revenue is accrued the entry would be Dr Unearned Revenue and Cr Revenue a/c.

Answer / tejakarnati

Unearned Revenue is like an advance payment. 

I have some scenario if I have 10000 transaction for the reconcile of payment, so what is best idea reconciliation for the payment manual or auto? If say auto way?

1 Answers   Deloitte,

---

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

2 Answers  

---

4. accounting entry at PO level with tax

1 Answers   Arihant,

---

what is the difference between conversion,customization,inbound and outbound programs ?

2 Answers  

---

Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?

0 Answers  

---

what is the diffrence between 11i and R12 ?

2 Answers   Wipro,

---

What are the various Implementation method for oracle apps

5 Answers   GTL,

---

What is difference between match and quick match?

3 Answers   Genesis,

---

How should we manage Open balances of accounts while importing legal systems to Oracle at the time of implementation?

0 Answers   Wipro,

---

What are the steps and control checks in posting journal entries ?

1 Answers   Oracle,

---

What is the major differance between Multi-Org setup in 11i and R12 instance

3 Answers   Hexaware,

---

Describe the key configuration decisions you would need to undertake when implementing the cash management module?

1 Answers   Wipro,

---