Interested to Buy Any Domain ? << Click Here >> for more details...
What is consolidation and in which module do you used it
and when?
- 3 Answers
- 7948 Views
- IBM, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / prathmesh
Through consolidation we can consolidate the financial
transactions of the subsidiary in to parent.
It is used in General Ledger and at the year end it will be
used.
This might will help you.
Regards,
Prathmesh.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / abhishek
What is Consolidation? Consolidation is merging
transactions of 2 or more set of books/ledgers into one set
of books/ledger
Which module do you use it? General Ledger
When? Either at end of year or even at end of each period.
It depends upon requirements of organization.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / rjaggamp
Consolidation is the process of merging 2 or more SOB.
Generally when their are diffrent sob and needs to be
reported as a single entity.
This generally happens in the year end when a organaation
tries to report its financial results.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is the use of hr: user type, while configure multiorg?
what is the use of accounting flexi field in accounting title in key flexifield segments
what is difference between realized and unrealised gain or loss?
WHAT IS ACCOUNTING CONVENTION, WHY WILL WE USE IT
What is the use of the featured secondary tracking segment while defining the set of books in gl ?
what us auto accounting rule?
3)If you have awareness sin BG please tell me once i create BG and assingning profile classes to the responsibility then what to do whith that.
Supplier send Material to company as on year end I.e. 31 st march. Company recd the material at store . but invoice not came with material as on 31 st march can company add martial in stock ? what is the entry in stoke and what is the liability to supplier in oracle apps
what is the use of below profile options while configure multiorg? 1. HR: Security Profile 2. MO: Security Profile 3. GL Set of books name 4. MO: Operating Unit 5. HR: User type
What is Tolerance?
what is a flexfield qualifier ?
What is revaluation & translation ?
Oracle Apps Technical 
