Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / pravin.llc
Revaluation: Revaluation is a Process of Finding Unrealised Gain or Unrealised Loss of the Liability or Asset account.
Ex: when a Org Purchases a Asset on credit, say in foreign currency through this process an organisation is able to know how much gain/loss incurred on that day.
Prerequsites:
Difine Unrealised Gain/Loss Account
Difine Currency Rates for Period End
Run Program Revaluation.
Translation: Translation is a Process of Converting Entries from Functional Currency to Foreign Currency
Prerequisites:
Difine Translation Adj Account
Ensure Previous Period is opened
Difine Currency Rates for Period Average type
Run Translation Program
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Substitute receipts and Unordered Receipts
What is Reporting of financial data in a project.
What is gap analysis, how do you defined. What are the pre-requisities?
On what different real time issues you worked while doing P2P cycle implementation?
how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl
I am created credit memo in at but while trying to complete it showing error message-hz_party_location
what is the difference between bonus reserve and bonus expense
What is the entry in oracle apps ap,ar,gl for following transations1.one pipe purchase at rs.1002.one pipe sales at rs.150
What do you mean by Category Set ? and what is its Relevance ?
How to support projects life cycles details?
Re: what are the Issue that we face in Gl,PO and AP while Supporting
What is difference between primary and secondary ledger
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.
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
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.??
