Interested to Buy Any Domain ? << Click Here >> for more details...
What is consolidation and in which module do you used it
and when?
- 3 Answers
- 7689 Views
- IBM, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / prathmesh
Through consolidation we can consolidate the financial
transactions of the subsidiary in to parent.
It is used in General Ledger and at the year end it will be
used.
This might will help you.
Regards,
Prathmesh.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / abhishek
What is Consolidation? Consolidation is merging
transactions of 2 or more set of books/ledgers into one set
of books/ledger
Which module do you use it? General Ledger
When? Either at end of year or even at end of each period.
It depends upon requirements of organization.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / rjaggamp
Consolidation is the process of merging 2 or more SOB.
Generally when their are diffrent sob and needs to be
reported as a single entity.
This generally happens in the year end when a organaation
tries to report its financial results.
| Is This Answer Correct ? | 0 Yes | 0 No |
Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?
Why should we run "Replicate seed data" program??
what is the use of accounting flexi field in accounting title in key flexifield segments
What is Auto Accounting in Receivables?
what is multi org setup in R12?
Explain about Localization (IND & US ) in Oracle Apps ?
We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?
if you are not having a cashmanagement module how to reconcile or how to clear the transactions?
3. accounting entries p2p.
What is Journal categories ? and what are reversal methods ?
What is the use of allow amortized changes check box?
Hi, Friends i am Commerce Graduate (B.Com). I have completed my graduation in the year 2006. I have 3+ years of experience in Accouns. When i was in B.com 2nd year, since then i have been working as an Accountant. Apart from that i learnt Oracle Applications Finance from a Certified Partner of Oracle, but the thing is i dont have Oracle real time experince, and i want experience in oracle as Functional Consultant. Can i get job in oracle or i have to Procced in Accounts/Finance Field . Please advice me
Oracle Apps Technical 
