Answer Posted / guest
before knowing MRC you should have a clear picture of
REVALUATION - Is the process of converting funtional
currency into other currency and reporting any gain or loss
in terms of funtional currency.
TRANSLATION - Is the process of just translating balances
into other currency.
Mrc - gives more detail picture of reporting , here we can
assign 8 reporting set of books
once we come across the period ending process for general
ledger,(assuming we have doen transsaction with US)
we do revaluation with USD and see if there is any gain or
loss, Example purchased goods on 1jan exchange rate is 45
now i made payment on 31jan and the exchange rate is 40 ,
in this tpye of circumstances we do revaluation .
translation (assuming our parent company is in US)
In this case all the funtional curency(accounts balances)
will be translated in USD this is for just reporting to our
parent company , Example GE(hyd) GE(usd) it has to report
the balances into usd. it will translate the balances (no
revaluation)
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
How do you register report in oracle apps?
do you know is it possible to run the interface without using oracle apps?
In oracle application how do you debug or trace errors?
In support project one ticket alloted which steps follows manualy tell me ?
If we have a repeated record in a table. But the repeated record how i can transfer from table to nested table?
Are you familiar with internet architecture of oracle apps 11i?
how do you describe O2C along with tables
List the various types of value set.
What is sca and how is it useful?
Do you know where we can check the status of po?
A program must be written which accepts date parameter. The date parameter will accept data in the format DD/MM/YYYY. This data has to be validated and post validation, the following details have to be displayed for this date parameter 1. Input date must be defaulted to sysdate, It can be overridden by any other date. 2. Financial year should be displayed for this date parameter. Eg: If the input date is 30/11/2010, the financial year must be displayed as 1. From Date : 01-Aprr-2010 To Date: 31-Mar-2011 3. Calendar year and Calendar month must also be displayed. 4. The next payment cycle (say for EB), must be displayed based on this date parameter. 5. The previous payment must also be displayed based on this date.
please any one provide the oracle erp technical interview questions on modules(PO,AP,AR,INV,GL,OM)wise to my mail id..narendra_609@yahoo.co.in
what is pay run id ?
tell my any difficult situtation you solved in your experience in your company?
pls send me out bound code of supplers,site,bankiformation code pls as soon as