What is reconsilation flag in gl?
What is use of this ?
Answers were Sorted based on User's Feedback
Answer / saritha reddy
reconsilation flag is used to meet some reporting
requirements in the european country .This is used only for
tax calculations purpose.
| Is This Answer Correct ? | 8 Yes | 3 No |
Answer / arunasish sircar
You will find anwers to this question and many more. Go to
the website and learn Oracle Financials virtually free.
http://online.handsonerp.com/tutorials.html. Try it for
yourself. There is no website in the world better than this
for Oracle Financials
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / hussain
Accrual Accounting standards use control accounts,also
known as parking accounts. These acounts should be given
the reconciliation flag.
| Is This Answer Correct ? | 0 Yes | 1 No |
When does the Invoice price variance arise? What is the accounting entry?
What is the use of hr: user type, while configure multiorg?
What is 4th c and why use 4th c mandatory?
What could be the probable reason for Not Showing the Taxes in Project Draft Invoices?
What is Recurring Invoice
How the system calculated the retained earnings in r12
What is the purpose of receiving transactions?
what are the Issue that we face in Gl,PO and AP while Supporting.
wat is mass allocation and when it is used
please tell whether invoice(dummy) can be split and paid to different suppliers
In Accounts Payable credit memo and debit memo are entered with -ve amount but in Accounts Receivable why credit memo has -ve amonut and debit memo + ve?
segment qualifier types and usage