What are the components of Set of Books?



What are the components of Set of Books?..

Answer / mstapps

Components are 3c's and 6 mondatory accounts and futur periods

three c are

1. Chart of accounts
2. Currency
3. calendar

Mondatory accounts are

1. Retained earning
2. Translated adjustment account
3. Net income
4. Suspence account
5. Rounding difference account
6. Reserve for Encombrance

and Future period

this are the coponents for SOB

Is This Answer Correct ?    10 Yes 0 No

Post New Answer

More Oracle Apps Financial Interview Questions

Define Requition?

3 Answers  


WHAT IS JOURNAL SOURCE ?

2 Answers   Oracle, TCS,


what is the difference between initial mass copy and periodic mass copy?

1 Answers   BirlaSoft, Cap Gemini, IBM,


How can FSG be generated to provide dynamic report i.e. current month, previous month and 2 months before balances for a given period?

1 Answers  


What Transactions are captured in Oparating unit level and What at Inventory org level ?

1 Answers   IBM,






What is Profile ?

1 Answers   Tesco,


What is internal-external bank (account)? Suppliers bank account? Inernal-external sales order? In AP, do you settup each supplier with its own account or you just use your expense/charge account for all supplier.Whatif you want to know how much money you paid to a particular supplier?

2 Answers  


How to implement Letters of credit full cycle starting from negotiation to receipt of payment from customer, its amendment and related issues under Oracle Apps order management modules

1 Answers   Hindustan Copper,


Can I do a payment of 50 bills on a post date. If yes, then how?

0 Answers  


How to do the analysis of discounts lost and fixing the root cause?

0 Answers  


When we run the translation we can give only one rate type, then how can we run it for two different exchange rates?

2 Answers   Accenture,


What are the journal entries in O2C Cycle.

5 Answers   Oracle,


Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (793)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (114)