Answer / harish gupta

1)If you enable "Balance": It will replace the Balancing
Segment level only while generating an accounting entry for
distributing the invoice. For example, you have raised an
invoice to purchase stationary for company two (02)and your
default liability account is 01.000.000.1241 where is 1241
is a liability account. Now in distribution line you have
given the accounting code combination as 02.111.111.1300
where 1300 is a expenditure account. Now an entry will be
generated in GL as follows:
02.111.111.1300 Dr.
02.000.000.1241 Cr. That means this option will
automatically offset the Balancing segment from the default
segment 01 to 02 in your liability account.
2)If you enbale "Account" the entry will be as follows for
the above example:
02.111.111.1300 Dr.
02.111.111.1241 Cr. That means this option will
automatically offset the all other segments alongwith the
balancing segment in the accounting code combination
without effecting the account head.
3)If you enable "None" then the accounting entry for the
above example will be as follows:
02.111.111.1300 Dr.
01.000.000.1241 Cr That means nothing will be offseted at
any segment in the accounting code combination.Then this
will be an inter-company transaction.

Answer / shishir arora

Balnce : Only balncing segment will be copy by Dr. side &
rest will be copy by Financial option.

Account: only account will be copy by Financial option &
rest will be copy by Dr. Side

Answer / cheriyala roopa

Automatic offset method:
If you enter invoices for expenses or Asset purchases for
more than one balancing segment, you might want to use
aotomatic offset method to keep your payables transactions
accounting entries balances.
Balance : The liabilty account for balancing segment value
take from invoice distribution & rest segment values will
take from invoice header
Account: The libility account for account segment value
takem from invoce header & rest segment values will take
from invoice distribution.
None : The liability account for all segment values take
from invoice header.

Answer / mahamaya

automatic offset method is used to determine how to offset
liability account while creating accouning for invoices.

if the offset method is none while creating accounting for
the invoices which are distributed with multiple balancing
segments will offset with the liability account which is
mapped at supplier site level and later add intercompany
accounts to balance the journal entries.

if the offset method is balancing while offsetting liability
account only balancing segment is derived from the invoice
distribution and remaining all the segments are going to
come from supplier site.

if the offset method is account while offsetting liability
account all the segments are derived from invoice
distribution and the natural account segment is inherited
from supplier site.

What are the steps to close the period in AP, FA, AR and GL ? What reports do we need to run? What is order to cash cycle ? Explain? What is P2P Cycle?

1 Answers   Oracle,

---

What is ment by depreciation override? Can we override depreciation?

1 Answers   UST,

---

What is Profile ?

1 Answers   Tesco,

---

Difference b/w Item Expense a/c, Material A/c & Expense A/c@Inventory org level?

1 Answers   Infosys,

---

5 major Differences between Translation and Revaluation

1 Answers  

---

What is Difference between Auto Copy Journal and recurring journal?

0 Answers   Evo Tech,

---

What are the difference between Deposit and Guarantee in AR

5 Answers   Xansa,

---

what is convention and its types?

2 Answers  

---

please tell whether invoice(dummy) can be split and paid to different suppliers

2 Answers  

---

What is the difference between Recurring Journals and Recurring Invoices? What is the need for the Recurring Journals in GL when Recurring invoices exist in AP?

2 Answers   BirlaSoft,

---

In Oracle GL how to review the accounts associated with the financial statements?

1 Answers  

---

Hoe to refund prepayment amount

3 Answers   TCS,

---