I have a existing Oracle applicttions and need to bring one
of the new business on it. The new business will use GL, AP
and FA. We will use existing COA. This business will have 3
sets of books (1- tax book, from April to March; 2- Primary
book, from July to June; 3- Reporting book, from July to
June); All books will have same currency; HOW DO I TRANSFER
DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY
MONTH? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE
SCHEDULED?
THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD
SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO
REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING
BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX
BOOK?.
HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS?
Thank you in advance for your help.
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Answer Posted / swathi
The question is not quiet clear here.
I have some doubts
1. If you are adding new business does it mean that it is
a legal entity
2. U r telling three SOB's. R u speaking tax book in terms
of fixed assets or gl.
3. As written i think your depreciation calendar is
different from GL calendar. Is it true?
4. Why do you want to setup a new set of books.
already u have primary and reporting SOB's
I will answer this questions, pls provide me these details
| Is This Answer Correct ? | 1 Yes | 1 No |
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