Latest Answer : Hi,Future period means in oracle not yet opened, u can't post any entry in this period, U can have two future periods or one displayed in calander options, adjustment period means, normally comany may have 12 months, or 13 months as per co's requiremens, ...
1)invoice approval work flow2)invoice validations3)invoice accounting4)auto invoice in Accounts pay ables5)Legacy P.O's conversions6)legacy Invoice's conversions7)Autoaccounting,autocash rule set8)HOw many set of books attach to one legal entity9)many set of books attach to one operating unit10)Expense invoice11)Recurring Invoice12)Budget's13)After permanently closed period. in the same period how to pass transactions.14)we passed one invoice with 90 days payments term but we paid
What is an account assignment model & where is it used? What are the transaction codes for Account Assignment Model?
Latest Answer : group coa isa corporate level glsbasically used at consolidation level these coa will be viewed by the directors of the corporate comapny with diffrent gl numbers otherthan operative coa and country spcific coa these gl nos should not be over laped ...
Latest Answer : Both Letter of Credit and Letter of Guarantee are commitment to payment by the issuer of the instrument (generally a Bank). In letter of credit, the issuer has to fulfill his commitment on fulfilling the terms and conditions of the letter of credit by ...
Latest Answer : Nominal a/c is related with expense/losses & income/gain where real a/c is with asset (cash,building,goodwill etc)/accounts of properties/ possessions of the buisnessman. And personal a/c's are account of individuals, firms, ltd companies, local authorities, ...
If 2 companies are there, they have maintained separate chart of accounts, how can you consolidate their activities?
Latest Answer : t/code ob53, give COA and then type X or Y in pl account head and then give the account number in the acoount head.... this u can create prior to the creation of the account group reserve and surplus as well as after creating the account group ..... ...
What is the effect of not reconciling the expense accounts?If there is a credit adjustment in the expense account with no supporting documentations, what is the financial statement impact?
Latest Answer : Captial A/c , Drawings a/c , Fixed assets purchasing and so on. According to the double entry system each transaction have two side debit and credit. there are some transaction satisfied with balance sheet items. For ex, advance given to manager for travelling. ...
