Interested to Buy Any Domain ? << Click Here >> for more details...
what is the main difference between the MRC and Revaluation?
can any one tell me.
- 5 Answers
- 14201 Views
- Wipro, I also Faced
- E-Mail Answers
Answer Posted / ganesh
MRC is nothing but Reporting currency in R12 which converts
every txn which you enter will be converted into foreign
currency.For this u need to create a separate ledger with
foreign currency and same cal,coa.
REVALUATION is period end process which finds unrealized
gain and loss on assets,liabilities because of fluctuations
in currency.For this we have to give gain and losses
A/Cs.For this u need to define conversion rates.
Unrealized gain/Loss----Suppose u purchased items on 01jan12
and payment done on 30jan12.The difference between rate on
01jan12 and 30jan12 gives the gain and loss.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is VAT claim process?
could you please post some work around that any body have done in the financial modules.
What is automation of accounts payable activities (evaluated receipt settlement)?
what is the meaning of purchase default and what are the types
What is the procedure for requition import?
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
What is the Invoicing System in Oracle R12
Explain about Localization (IND & US ) in Oracle Apps ?
Provide an overview of AR cash receipt processing.
What is the entry in oracle apps ap,ar,gl for following transations1.one pipe purchase at rs.1002.one pipe sales at rs.150
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
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.
What is the Use of Grouping Rule in Receivables ? is it mandatory field ?
How to Reconciliation AP to CM ? How to Reconciliation AR to CM ?
On what different real time issues you worked while doing P2P cycle implementation?
