what is the difference between Revaluation and Translation?
what are the steps in GL?
Answer Posted / selvi
o Revaluation: adjusts asset or liability accounts
that may be materially understated or overstated due to a
significant fluctuation in the exchange rate between the
time the transaction was entered and the time revaluation
takes place.
o Translation: restates an entire set of books or
balances for a company from the functional currency to a
foreign currency
Is This Answer Correct ? | 36 Yes | 4 No |
Post New Answer View All Answers
explain with examples what r the roles & Responsiblities of a functional consultant who reviews the Test Scripts, Test Cases and Test Execution Results of AP, FA and GL.
What is the meaning holding tax?
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)?
Can Adjustments be imported?
What is the Process of Reconciliation Between AP to GL
What kind of necessary ap information you gather from the client?
What are the types of setups in apps inventory module
What is the procedure for requition import?
Payables Applications Technical Reference Manual
What is gap analysis, what are the pre-requisities?
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)"
What is the Invoicing System in Oracle R12
What is multi org? What is difference between 11i and 12i multi org structure?
Please post the setups required to approve the payable invoice in AP.