Answer / tgs100

Both are entirely different. Consolidation is the process of transferring the accounting details from one or more subsidiary ledger to a parent ledger.
Revaluation is revaluing the foreign currency transactions for asset and liability accounts based on the period end conversion rate (There is no revaluation if there is no conversion rate change between the transaction time and the period end).
Translation is translating the accounting information from one currency into another currency.

what is withholding tax

5 Answers   Meru Cabs, TSMT,

---

What is Proxima Payment Terms?

4 Answers   HCL, IBM, TCS,

---

Invoice Approval Process?

0 Answers   TCS, Wipro,

---

what is the main difference between the MRC and Revaluation? can any one tell me.

5 Answers   Wipro,

---

what is accounting entries of p2p

5 Answers   Ernst Young,

---

---

what are the execution methods in oracle apps ?

2 Answers   TCS,

---

What are the Distribution Type while entering the Invoice?

4 Answers   HCL, IBM, TCS,

---

What reports should I run before closing the period?

1 Answers  

---

Intercompany setup in oracle applications with transaction processing

1 Answers   IBM,

---

Give some examples of troubleshooting in support project with regard to AP,GL,FA

3 Answers   Sierra Atlantica, Tech Mahindra,

---

Payment void is disabled for only one specific payment. what will be the problem..if any idea Please guide me

3 Answers   ACC,

---

What is gap analysis, what are the pre-requisities?

0 Answers  

---