Can we maintain 2 sob's for one company, how?

Answer Posted / naina

yes it is possible to maintain 2 set of books for one
company.If you have operations in more than one country or
and if there is a different reporting and functional
currency then it is required to maintain 2 sob.

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.

1784


How to Reconciliation AP to CM ? How to Reconciliation AR to CM ?

1401


1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?

3409


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

1324


What is Difference between Auto Copy Journal and recurring journal?

1303






encumbrence set ups?

2086


I have created an invoice and made the payment in Accounts payable. Now the payment status is Negotiable and accounting status is processed. I reconciled the transaction in Cash Mgmt, The status changed from negotiable to Reconciled in CM. I checked the payment status for the invoice in payment window(AP), the payment status changed to RECONCILED UNACCOUNTED i.e correct but the accounting status is remain processed which is not the correct. I hope the transaction will be correct if the accounting status would have changed to PERTIAL . Please suggest any solution for the above query.

4556


What is the use of mo: security profile, while configure multiorg?

618


What is multi org? What is difference between 11i and 12i multi org structure?

652


Recurring Problem Posting i have Journals for sep 2018 that i approved but they are not available to post even though the period is open in Oracle R12 Issues

1265


We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie

2160


What is difference between primary and secondary ledger

615


What is the db number of a particular customer TCA?

932


Invoice Approval Process?

2789


How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?

956