Define suspense account in Oracle apps and why is it
mandatory?
Answer Posted / budagam ashwin kumar
when ever user enter debit with out credit at that time system automatically populate the SUSPENSE a/C IF suspense account enable if it is disabled system automatically shows error no6
unbalanced journal Entry Suspense not allowed.
Suspense account is an account in GL in Which amounts are temporarily Recorded. The suspense a/c is used because the Proper Account Could not determined at the time that the transaction was recorded. when the proper account is determined, the amount will be moved from the suspense account to the proper account.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
difference between tds and income tax (India)
explain your project plan with exam pal? i am preparing inter view .............
Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?
Hi I'm new in ERP - Oracle Application i appriciate if any one help me in this issue i need SQL to get badeget balance Acutal Balance Encumbrance Balance fund Avalable thanx ahmed
explain with examples what r the roles & Responsiblities of a functional consultant who reviews the Test Scripts, Test Cases and Test Execution Results of AP, FA and GL.
Can I do a payment of 50 bills on a post date. If yes, then how?
What is the meaning holding tax?
Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?
what is the difference between before pages trigger and after parameter trigger in reports ?
How to support projects life cycles details?
How to do the analysis of discounts lost and fixing the root cause?
What are register in India localisation?
Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.
I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.
how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl