Answer Posted / varadhi reddy

The Average Balance feature of Oracle General Ledger
provides organizations with the ability to track average and
end-of-day balances, report average balance sheets, and
create custom reports using both standard and average
balances. Average balance processing is particularly
important for financial institutions, since average balance
sheets are required, in addition to standard balance sheets,
by many regulatory agencies. Many organizations also use
average balances for internal management reporting and
profitability analysis.

The difference between an average and standard balance sheet
is that balances are expressed as average amounts rather
than actual period-end amounts. An average balance is
computed as the sum of the actual daily closing balance for
a balance sheet account, divided by the number of calendar
days in the reporting period.

What is the use of hr: user type, while configure multiorg?

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HI, once we create the standard invoice then we can get journal entry item expense a/c-dr to liability a.c then item it will reflect through inventory, but liability a/c . it will reflect from GL , it is possible .

2016

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What are the inventory report to check inventory status.

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There is employee X and employee Y (who is supervisor of X); when Y submits expenses how will the system ensures that this should not go to X even if he has the approval authority.

5455

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How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?

1428

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1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?

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What is gap analysis, what are the pre-requisities?

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what is the use of hr: security profile, while configure multiorg?

1133

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

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Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?

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What is gap analysis, how do you defined. What are the pre-requisities?

1137

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I am created credit memo in at but while trying to complete it showing error message-hz_party_location

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When we run a GL Reconciliation Report, we also see the void payments in that report. Even though i disable the option of Show Void payments, its appearing in the report.How do i proceed so that i dont see those void payments in the GL Reconciliation Report?

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What is difference between primary and secondary ledger

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how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl

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