Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between Revaluation and Translation?
what are the steps in GL?
- 3 Answers
- 56193 Views
- Syntel, I also Faced
- E-Mail Answers
Answer Posted / pratik liye
Revaluation : - We perform revaluation to account increase or decrease in value of assets/liabilities due to currency rates fluctuation. Revaluation Reserve account is used to record/post increase/decrease in value.
Transalation :- Translation is performed to translate balances from Functional currency to reporting currency. For e.g. An Indian subsidiary company of US Parent company needs to run translation to report Indian currency balances into USD.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
how to do customization while doing oracle implementation. what is the role of functional consultant in customization?
What is the Process of Reconciliation Between AP to GL
What is meant RD020
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
please explain with examples the below mentioned "Creating the end to end business scenarios and executing the scenarios to perform the regression testing".
Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.
What do you mean by controlling buyers workload?
What is the use of mo: security profile, while configure multiorg?
I am created credit memo in at but while trying to complete it showing error message-hz_party_location
What kind of necessary ap information you gather from the client?
What are the inventory report to check inventory status.
What is difference between primary and secondary ledger
what is VAT claim process?
We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie
What are the types of setups in apps inventory module
