7. what is reconciliation

Answer Posted / tejakarnati

Reconciliation is comparison of two records. For Example: Comparing your bank statement with your receipts from grocery stores.
  

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.

1637


What are the inventory report to check inventory status.

2018


encumbrence set ups?

2094


1.what is the name of program to create invoice automatic from po.? 2.How to auto upload the bank statement? 3.PO tax has not flown to invoice . why? Debit memo not generated for return of goods.??

2975


I am working on PPR process to print checks. Currently the checks are printing for each supplier, supplier site and payment method group. My requirement is the invoice level one DFF is available (like A and B are the input values). Please let me know how include this DFF at invoice grouping level.

1138






payment types and payment methods.

1443


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

2574


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.

4584


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

1268


SLA usage ans how to define setups?

2182


explain your project plan with exam pal? i am preparing inter view .............

1966


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

1626


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

656


What is gap analysis, how do you defined?

654


how service tax work.

1974