Answer Posted / srikanth
Translation is used to translate an entire set of books or
balances for a company from the functional currency to a
foreign currency.
This feature can translate both actual and budget balances.
If the system have enabled average balance processing then
the system can translate average balances as well.
Translation is frequently used to prepare financial reports
for consolidation into global financial statements.
Translation uses periodic rates and, optionally, historical
rates.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
What is Difference between Auto Copy Journal and recurring journal?
What is the use of mo: security profile, while configure multiorg?
could you please post some work around that any body have done in the financial modules.
Payables Applications Technical Reference Manual
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
Hi I'm new in ERP - Oracle Application i appriciate if any one help me in this issue i need SQL to get badeget balance Acutal Balance Encumbrance Balance fund Avalable thanx ahmed
What is automation of accounts payable activities (evaluated receipt settlement)?
Recurring Problem Posting i have Journals for sep 2018 that i approved but they are not available to post even though the period is open in Oracle R12 Issues
Can I do a payment of 50 bills on a post date. If yes, then how?
Provide an overview of AR cash receipt processing.
please explain with examples the below mentioned "Creating the end to end business scenarios and executing the scenarios to perform the regression testing".
On what different real time issues you worked while doing P2P cycle implementation?
What do you mean by Category Set ? and what is its Relevance ?
How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?
What is the use of operating unit, while configure multiorg?
