What are the mandatory accounts that need to be setup in
Set of Books?
- 4 Answers
- 10729 Views
- HCL, Syntel, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / shantanu
The first mandatory account is Retained Earnings Account.
But based on other Standard Options selected, the other
mandatory accounts are,
a. Suspense Account
b. Rounding Differences Account
c. Cumulative Translation Adjustment Account
d. Reserve for Encumbrance Account
e. Net Income Account
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / kishore
retained earnings account
transaction adjustment account
suspense account
net income account
rounding differences account
reserve for encumberance account
| Is This Answer Correct ? | 4 Yes | 2 No |
what is the difference between General Calendar and Inventory Calendar?
Difference between quick payment and manual payment?
Can you end-date the SOB's in 11i or in R12 version?
How to set different interest rates for different suppliers ?
During create additions programme,waht is validations checks performed by system?
can anyone explain roll back in FA?
we have purchased a loptop from the supplier, we have made the payment to supplier through check and the supplier has taken the money from the org. bank and even the transaction has been reconciled with cash management. But due some reason we have returned the loptop to the supplier. Now How this real time scenario will be resolved in the Payable module.
What is consolidation and in which module do you used it and when?
What is the Use of Grouping Rule in Receivables ? is it mandatory field ?
How is the GL Date derived by AutoInvoice process? Any set-ups?
I am created credit memo in at but while trying to complete it showing error message-hz_party_location
How you will transfer payables to general ledger?
Oracle Apps Technical 
