Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between Revaluation and Translation?
what are the steps in GL?
- 3 Answers
- 56357 Views
- Syntel, I also Faced
- E-Mail Answers
Answer Posted / pratik liye
Revaluation : - We perform revaluation to account increase or decrease in value of assets/liabilities due to currency rates fluctuation. Revaluation Reserve account is used to record/post increase/decrease in value.
Transalation :- Translation is performed to translate balances from Functional currency to reporting currency. For e.g. An Indian subsidiary company of US Parent company needs to run translation to report Indian currency balances into USD.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is Difference between Auto Copy Journal and recurring journal?
What kind of budgets have you worked on?
How to refund for a customer who returns goods and wants a refund for $600 in R12 In above scenarios customer does not want Credit Memo or On- Account Credit, he wants refund check . and as we know we do not issue check from AR. How can we issue Check from AP and how offsetting is done for the same in R12
Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?
Can Adjustments be imported?
On what different real time issues you worked while doing P2P cycle implementation?
please explain with examples the below mentioned "Creating the end to end business scenarios and executing the scenarios to perform the regression testing".
Provide an overview of AR cash receipt processing.
payment types and payment methods.
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
Please post the setups required to approve the payable invoice in AP.
could you please post some work around that any body have done in the financial modules.
How to Reconciliation AP to CM ? How to Reconciliation AR to CM ?
What is multi org? What is difference between 11i and 12i multi org structure?
Explain Customization process?
