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
- 14210 Views
- Wipro, I also Faced
- E-Mail Answers
Answer Posted / raghu kalavendi
MRC - Multiple Reporting currency is reporting aid which
converts day to day transactions to other foreign currency
as required.
Revalaution is revalaueing foreign currency amounts as per
current exchange rate.
In MRC the source transacation is in Functional currency .
In Revaluation the source transaction is in Foreign
currency.
For MRC we need 2 Set of Books Primary and Reporting
Revaluation can be in the same SOB where transaction
resides.
In MRC all transactions( Assets, Liabilities, Exp....)ir
respective of their type they get converted.
Revaluation is performed only on Assets and Liabilities.
MRC has to be set once and the transactions keep flowing
Revalaution has to be initiated by user.
| Is This Answer Correct ? | 13 Yes | 0 No |
Post New Answer View All Answers
We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?
Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?
Anyone provide the oracle fin/scm definetions
What is Reporting of financial data in a project.
What is the Invoicing System in Oracle R12
I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.
what is the steps to customization ?
What is gap analysis, how do you defined. What are the pre-requisities?
How do you adjust receivables?
What kind of necessary ap information you gather from the client?
I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.
What are register in India localisation?
Charge Back Setups ?
What is the use of hr: user type, while configure multiorg?
difference between tds and income tax (India)
