What is primary set of book?

Answer Posted / tgs100

Primary set of books is the one in which the subledger and GL accounting transactions are directly entered. COA structure used in subledger transactions is from the primary ledger. Secondary ledgers are attached to Primary ledgers and transactions flow from primary ledgers to secondary ledgers.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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.

1121


What is Reporting of financial data in a project.

1614


What is the Use of Grouping Rule in Receivables ? is it mandatory field ?

1056


Explain about Localization (IND & US ) in Oracle Apps ?

2707


how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl

2010






How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?

2317


Charge Back Setups ?

1706


What is gap analysis, how do you defined?

649


While assigning the security by book in oracle assets..i am unable ot get the asset org in security profile form.This asset org was already defined in org description window.

2291


can we define 2 different currency revaluation at a time??

1906


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

1617


Hi guys, any person available ap,ar material pls send me this mail.id sreenathapps09@gmail.com

1435


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

989


Please post the setups required to approve the payable invoice in AP.

1840


On what different real time issues you worked while doing P2P cycle implementation?

1011