Answer / jagannadharao

Revaluation of the assets according to the prevailing
market value is called asset revaluation. the excess value
will be credited to revaluation reserve account.

Answer / raghuka

Revaluation is the process wherein the value of Asset is
increased or decreased, and offset value is credited or
debited to revalution reserve account.

Answer / shalika prabha kumari.

Revaluation must be done when their's a difference between carrying value and fair value of the asset. Adjustment of carrying value of the asset to the present market value is called revaluation..

Answer / rahmath

revaluation is done for reassesment of foreign currency
denominated as account receivable and accounts payble.

Why should i attach the Natural Account flex field qualifier to the segment?

5 Answers  

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What is the use of this Table AR_RECEIVABLE_APPLICATIONS_ALL in AR Module ?

2 Answers   Satyam,

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why we have to reverse the journal entries after Revaluation?is it mandatory if why?

1 Answers   Oracle,

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What is the meaning holding tax?

0 Answers  

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Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)

5 Answers   Meru Cabs,

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Is it same primary ledger data and seconday ledger data should be same or differnt?explain

5 Answers   4i Apps,

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MOAC setup and which module do the setup? And what is the use of MOAC?

4 Answers   Deloitte,

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what is the gap analysis, how do you defined.what are the pre- requisities

2 Answers   Tech Mahindra,

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how GRN works?

3 Answers   HCL, Hewitt,

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In GL Journal entry can understand which level i.e. batch wise or individually.

3 Answers   Satyam,

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what is the use of accounting flexi field in accounting title in key flexifield segments

1 Answers  

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Use of Distribution set?

1 Answers  

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