What is the difference between Rollup Groups and Summary
Accounts? What is the use of those?



What is the difference between Rollup Groups and Summary Accounts? What is the use of those?..

Answer / guest

Rollup group & summary group they go together, and are not
different functionalites

If we have huge accounting structure with many child
account and parent during the process of trial balance
generation it is faster if summary accounts are created.

Summary Accounts get updated Instantaneously, where as in
the normal course oracle needs calculate all the balances.

Define a Parent Value For a child range

Define a Rollup group

Assign a Rollup group to Parent Value

Define Summary Accounts and call the Rollup group.

Is This Answer Correct ?    9 Yes 1 No

Post New Answer

More Oracle Apps Financial Interview Questions

different phases of aim methodology

7 Answers   Oracle, Satyam,


Why Retained Earning Account is necessary for the set of book creation while implementing oracle new business.

4 Answers  


When does the Invoice price variance arise? What is the accounting entry?

3 Answers   Accenture,


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

3 Answers   Hexaware,


What Transactions are captured in Oparating unit level and What at Inventory org level ?

1 Answers   IBM,


can anyone explain roll back in FA?

2 Answers  


whichever documents prepaired by the FUNCTIONAL CONSULTANT while implementing project by using AIM.

3 Answers  


what is $flex used in oracle apps ?

5 Answers   iFlex,


What is meaning of deprecation?

1 Answers  


Charge Back Setups ?

1 Answers   BSS, L&T, TCS,


What is ment by what-if analysis?

2 Answers  


Can any one tell me Client Interaction?

1 Answers  


Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (793)
  • 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)