Follow Our FB Page << CircleMedia.in >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...


What are the mandatory accounts that need to be setup in
Set of Books?

Answers were Sorted based on User's Feedback



What are the mandatory accounts that need to be setup in Set of Books?..

Answer / jana_pc

Retained Earning Account

Is This Answer Correct ?    6 Yes 0 No

What are the mandatory accounts that need to be setup in Set of Books?..

Answer / mahi

Retained Earnings A/c

Is This Answer Correct ?    6 Yes 1 No

What are the mandatory accounts that need to be setup in Set of Books?..

Answer / shantanu

The first mandatory account is Retained Earnings Account.
But based on other Standard Options selected, the other
mandatory accounts are,
a. Suspense Account
b. Rounding Differences Account
c. Cumulative Translation Adjustment Account
d. Reserve for Encumbrance Account
e. Net Income Account

Is This Answer Correct ?    4 Yes 2 No

What are the mandatory accounts that need to be setup in Set of Books?..

Answer / kishore

retained earnings account
transaction adjustment account
suspense account
net income account
rounding differences account
reserve for encumberance account

Is This Answer Correct ?    4 Yes 2 No

Post New Answer



More Oracle Apps Financial Interview Questions

payable new features

1 Answers  


What are the types of RFQ”S?

4 Answers   Oracle,


SLA usage ans how to define setups?

0 Answers   CNO, IBM,


what is subledger accounting

3 Answers   Ernst Young, TCS,


What is use multi-currency payment if enable in bank window?

1 Answers   Deloitte,






What is the use of allow amortized changes check box?

1 Answers  


Can you hold the partial payment if yes then how?

3 Answers   Fidelity, HCL, IBM, TCS,


How many types of hold? Tell me some hold and how can do solve the hold ?

1 Answers   Deloitte,


What are the various information that needs to set up inventory org ? in multi org ?

2 Answers   IBM, ups,


What is a Hold? Explain the types of Hold

7 Answers   HCL, IBM, TCS,


What is meant by RFQ?

4 Answers  


What are the mandatory accounts that need to be setup in Set of Books?

4 Answers   HCL, Syntel,






Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (791)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (114)