Interested to Buy Any Domain ? << Click Here >> for more details...
Why are expenses items typically accrued at period end, and why
are inventory items always accrued on receipt?
- 2 Answers
- 12565 Views
- I also Faced
- E-Mail Answers
Answer Posted / raghuka
As per Matching Concept all costs which are applicable to
the revenue of the period should be charged against that
revenue in order to determine net income of the business.
Inventory items are always accrued at receipt bcos you
cannot book liability without receiving the asset.
| Is This Answer Correct ? | 5 Yes | 3 No |
Post New Answer View All Answers
Explain about Localization (IND & US ) in Oracle Apps ?
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.
Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.
SLA usage ans how to define setups?
Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?
There is employee X and employee Y (who is supervisor of X); when Y submits expenses how will the system ensures that this should not go to X even if he has the approval authority.
In Subinventories Form, how to enable the Locator Control. A message displayed when changing the drop down list "FRM-40200: Field is protected against update.
How to Reconciliation AP to CM ? How to Reconciliation AR to CM ?
what r issues faced in gl
how service tax work.
Write Test Scripts for a telecummunication project on the basis of priority with some examples with regard to AP,GL,FA.
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
Can Adjustments be imported?
Invoice Approval Process?
What is gap analysis, what are the pre-requisities?
