Answer / saritha

this account is used to record exchange rate variance
gain/loss for your inventory items.this variance is
calculated between the invoice and either the purchase
order or the receipt, depending on how you matched the
invoice.

Answer / swarna latha

Purchase price variance is the difference between the
standard price defined in the item and the price given in
the Purchase order.

Answer / kanaiya sindhavad

Payables uses these accounts to record the exchange rate
variance gains/losses for your inventory items. The
variance is calculated between the invoice and either the
purchase order or the receipt, depending on how you matched
the invoice. These accounts are not used to record
variances for your expense items.
Any exchange rate variance for your expense items is
recorded to the charge account of the purchase order.
Payables calculates these amounts during Payables Invoice
Validation.

Answer / nageswararao

po rate variance gain/loss is differece between purchase
order date rate and invoice date rate.

Answer / naidu

It's the difference between the rate when po raised and when it came for payment.

can we stop the payment once the payment manager process has been run?

1 Answers  

Can you hold partial payments? And how can that be achieved?

1 Answers  

Can i assign a supplier type of bank account to more than one supplier ?

5 Answers   Accenture,

A check issued to supplier has become time-barred and supplier returns it requesting for a new check. Can the existing check be voided and a new check be issued simultaneously?

3 Answers   TCS,

Assigning natural account to accounting seg. What will happen

2 Answers   Meru Cabs,

i want a report for how many operating units in my business group, is this any concurrent request to get this report? plz tel...

1 Answers   Genpact,

Which interface tables are used for Invoice Import , give the important columns?

1 Answers   HCL, IBM, TCS,

What is 2 way , 3 way and 4 way matching?

12 Answers   Chartered Accountant, HCL, IBM, MNC, Shell, TCS,

In FA module..Once we added assets...we dont want depreciation few of assets.but other assets we will run dep monthly.So how we can stop dep for few assets.

2 Answers   4i Apps,

What are the mondatory steps for Receivable module before entering transactions ?

5 Answers   HCL,

What are the tables associated with Invoice?

8 Answers   HCL, IBM, TCS,

would anyone tell me what are the expected real time questions in the interviews

2 Answers