Interested to Buy Any Domain ? << Click Here >> for more details...
Please let me know the various accounting entries in AP &
AR for a layman. Like invoice posting, payment, offset
entries, exchange fluctuation entries, i am preparing for
an interview. PLEASE HELP
- 4 Answers
- 11052 Views
- Oracle, I also Faced
- E-Mail Answers
Answer Posted / sailaja
Exchange fluctuation entries
DR. Accounts Receivables 10000 Euro
Cr Revenues 10000 E
Convert 1 Euro =.8 US $
DR. Accounts Receivables 8000 US $
Cr Revenues 8000 US $
Revalue 1 Euro =.81 US $
DR. Accounts Receivables 100 US $
Cr unrealised Gain 100 US $
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what is the steps to customization ?
what is the use of hr: security profile, while configure multiorg?
Difference between header level tax calculation and line level tax calculation
How to support projects life cycles details?
HI, once we create the standard invoice then we can get journal entry item expense a/c-dr to liability a.c then item it will reflect through inventory, but liability a/c . it will reflect from GL , it is possible .
We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?
What is difference between primary and secondary ledger
What is the db number of a particular customer TCA?
There is employee X and employee Y (who is supervisor of X); when Y submits expenses how will the system ensures that this should not go to X even if he has the approval authority.
What is gap analysis, how do you defined?
what is the difference between bonus reserve and bonus expense
What are register in India localisation?
what r issues faced in gl
payment types and payment methods.
What is automation of accounts payable activities (evaluated receipt settlement)?
