What will happen If I am not giveing the Suspense accout
while defineing the Set of Books in GL?

Answer Posted / kranthioracle

Nothing happens if u dont enable suspence account in
journal region,
when u create a journal with wrong amounts the system will
post but it show an error#6 in posting status as suspence
unbalance.

so when u enable the suspence account,even though u post
the system will correct the balance and ost with an error.

rent 5000
suspence 1000
to cash 6000.

depending on the nature of account suspence will be
adjusting.

Is This Answer Correct ?    4 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is global tempory table?

6327


Hi, Anybody please send me the Oracle APPS 1i technical interview questions (Real time) as wel as sample resume also?

2135


In support project one ticket alloted which steps follows manualy tell me ?

2230


Can you define an erp system?

686


What do you understand by a set of books?

659






How can you achieve loose coupling in soa framework?

732


Can you explain the difference between architecture followed in 10g & 11g?

671


Explain what are the tables of auto invoice?

650


can we use look up type instead of a pofile option?or valueset?is it possible how?

1796


what is the differences between internal requisition and internal sales order?

2165


How to move the one file from one instance to another instance? And your scripts also?

619


What do you understand by soa?

701


Tell me how to find the custom directory in front end?

670


Do you know where we can check the status of po?

647


please send me forms, xml pulisher questions,answers

1667