What is set of books?

Showing Answers 1 - 16 of 16 Answers

Vishnu

  • Mar 2nd, 2006
 

A set of books are individual legal entities for which chart of accounts are set up.

Bonthu N Reddy

  • Mar 4th, 2006
 

Set of Books is Calendar, Currency, Chart of Accounts.

Thanks,

Bonthu.

prasadpatkar

  • Apr 17th, 2006
 


Set of books consist of 3 C's .i.e.,
1)Chart of Accounts
2)Currency
3)Calender
There are two basic type of Set of books (SOBs):
Primary Set of Books  (which consist of functional curency)
Secondary Set of Books  (which consist of reporting curency)

mnbabu

  • May 21st, 2007
 

Set of contains 3c's
Chart Of Accounts
Currency
Calendar
Set of books are 2 types
1.primery set of book.
2.Reporting Set of book.

  Was this answer useful?  Yes

deadlock

  • Jul 27th, 2010
 

A Set of Books represents a financial reporting entity that uses a particular chart of accounts, functional currency and accounting calendar.

  Was this answer useful?  Yes

Viswanathan

  • Apr 3rd, 2016
 

SOB in Oracle EBS refers to how transactions are entered and kept only if all the following the 3Cs are common.
-Currency
-Calendar
-Ledger

  Was this answer useful?  Yes

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.

 

Related Answered Questions

 

Related Open Questions