What is difference between consolidation and revaluation?
Both are entirely different. Consolidation is the process of transferring the accounting details from one or more subsidiary ledger to a parent ledger.
Revaluation is revaluing the foreign currency transactions for asset and liability accounts based on the period end conversion rate (There is no revaluation if there is no conversion rate change between the transaction time and the period end).
Translation is translating the accounting information from one currency into another currency.
| Is This Answer Correct ? | 3 Yes | 0 No |
What in Invoice Variance in A.P.
Can i know the best institute for oracle apps finance functional training in ameerpet?
What is ment by what-if analysis?
What are the types of RFQ”S?
tell me the ap period end process
what is meant by accural report? it consist of ?
Explain payment process profile?
what is withholding tax
What is the use of requition template?
how the asset flow to FA module.and it steps?
Which is the Best Training Institute for Oracle Financials & Fusion Financials in Hyderabad?
What is primary set of book?