What are the rules for translation?

Answer Posted / rahmath

translation is a reporting tool, which is used to translate
accounting balances or transactions from functional
currency to froeign currency..

THE RULES OF TRANSLATION..
u cannot enter the jornals in first period..
why beacause this is the rule of FASB(financial accounting
standard board)..
the next and future period should be open.

ex:- jan
feb----enter transactions
mar--open

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

difference between primary ledger and secondary ledger in r12

1088


What is the db number of a particular customer TCA?

921


How do you adjust receivables?

1760


Anyone provide the oracle fin/scm definetions

1897


What is the use of mo: security profile, while configure multiorg?

604






What do you mean by Category Set ? and what is its Relevance ?

1970


What are register in India localisation?

1571


Hi guys, any person available ap,ar material pls send me this mail.id sreenathapps09@gmail.com

1425


Substitute receipts and Unordered Receipts

2874


I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.

1452


I have created an invoice and made the payment in Accounts payable. Now the payment status is Negotiable and accounting status is processed. I reconciled the transaction in Cash Mgmt, The status changed from negotiable to Reconciled in CM. I checked the payment status for the invoice in payment window(AP), the payment status changed to RECONCILED UNACCOUNTED i.e correct but the accounting status is remain processed which is not the correct. I hope the transaction will be correct if the accounting status would have changed to PERTIAL . Please suggest any solution for the above query.

4497


Give examples & explain the below mentioned activity. "Analyzing the documents provided by the client and thereby identifying the test cases to be tested for the application assigned (FA, AP and GL)"

1752


In Subinventories Form, how to enable the Locator Control. A message displayed when changing the drop down list "FRM-40200: Field is protected against update.

2410


How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?

2308


explain your project plan with exam pal? i am preparing inter view .............

1945