megha survase

• Sep 7th, 2007

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 accou...

deepa

• Jun 20th, 2007

Accounts of assets is called Real Accounts.
Accounts of persons or institutions is called Personal Account.
Accounts of expenses/losses, incomes/gains is called Nominal Account.

Answer Question  Select Best Answer

Gayathri Suresh Kumar

• Sep 5th, 2007

Cash Discounting should done General Ledger not in Balance sheetEntry should be Bank a/c                  &nbs...

availraj2002

• Aug 30th, 2007

I believe that cash discounts are taken into P&L and not to the B/S.The journal would be :Dr. Bank A/c               &nbs...

Answer Question  Select Best Answer

A provision of costs.

Manojkumar Balakrishn

• Aug 20th, 2007

Accruals allow expenses to be reported when incurred, not paid, and income to be reported when it is earned, not received. An accounting method that measures the performance and position of a company...

rama krishna, chirala

• Aug 2nd, 2007

An accrual means recording the transactions, to the related period financial statements for example m/s james & co. has policy that to pay rent of the month at the 3rd of next month. if company prepar...

Answer Question  Select Best Answer

Prasant Pisupati

• Aug 6th, 2007

A responsibility is collection of forms (menu) and and reports/programs (request group) , which can be assigned to a Oracle Applications user account for access.

abhishek sood

• Jan 10th, 2006

users cannot access the concurrent programs ( just like Forms) until unless the program is attached to a responsibility through a ?Request Group?. Thus  the responsibilities provide the comp...

Answer Question  Select Best Answer

keshav311

 Profile Answers by keshav311 Questions by keshav311

• Jul 5th, 2007

This testing proses is down is phase realisation phase and in finalisation phaseusally we do 3 kinds of testingunit testing-with in module eg gl postingbusiness scenario testing-with ina module eg app, adp and intrest calculationintegration testing-with diff modules eg fi with sd,mm,hr

Sarvottam Darshan

• Feb 23rd, 2006

Testing involves a step by step check of various transactions configured in the SAP system. Example: In case of MM we need to check say if the purchase cycle is working in the system as it is in real ...

Answer Question  Select Best Answer

GOWRISANKAR RAJAGOPALAN

• May 10th, 2007

The question has to be split into two.Selling the assets of the company and closing the books.First is sellig the assets of the company. This is done with what intention? Whether to close the run...

nagaraju

• Apr 17th, 2007

Hi,When company dispose there assets?? the following transaction takes placeAssets = Liabilities + Shareholders EquitySuppose? assets beginning balance?is $4900?and accumulated depreciation is $1...

Answer Question  Select Best Answer

satyann

• Sep 10th, 2006

hai,planning is generally part of controlling. however, we can plan for the general ledger accounts in finance module of sap. this can be done to prepare the variance analysis within financial accounting.regards

Answer Question  Select Best Answer

anuradha

• Jan 30th, 2007

Why Surplus does not include in the government balance sheets?

umakumari

• Mar 14th, 2006

Surplus

Answer Question  Select Best Answer

srinivas maddali

• Jan 10th, 2007

Flow in General ledger:1 Define value sets : setup--> financials--> flexfield--> key--> validation--> sets.2.Define accounting flexfield(key flexfield) : setup--> financials--&g...

Answer Question  Select Best Answer

ramanjaneyulu

• Dec 21st, 2006

we can integrate the general ledger with subledger through reconsilation account.

Answer Question  Select Best Answer

aaditya180399

 Profile Answers by aaditya180399 Questions by aaditya180399

• Dec 4th, 2006

Hello,Multi Org Means Multi Organization is a server side (application & database) enhancement that enables multiple business units in an enterprise to use a single installation of oracle applicat...

suresh reddy

• Sep 2nd, 2006

Meaning of Multiorg:Its a serverside enhancement which supports multiple organisations with single installation of oracle application product and its keep and stores data secure and safe way and seper...

Answer Question  Select Best Answer

Ye

• Nov 18th, 2006

Adjusting entry need every end of month & end of year because The match priciple of accounting, that means expense have to match revenue,means the expenses or revenue has been occur but ...

rajkalyan

• Apr 14th, 2006

Current account balances may not represent correct balances due to following reasons:      a. Company made mistakes in preparing journal entries in the past.   ...

Answer Question  Select Best Answer

i.durgasankar

• Oct 30th, 2006

           every project has 5 phases.   In the first phase u define the business process. in this the client entire business structure represent...

Answer Question  Select Best Answer

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...

Prasad.T

• Aug 10th, 2006

Business is an activity performed by business man or enterprenuer by investing fund in it with an anticipation of return.  The existance can be of long period or short period. 

vgosala

 Profile Answers by vgosala Questions by vgosala

• May 26th, 2006

Its an activity & engagement involving an investment with an expectation of return.

Answer Question  Select Best Answer

William

• Jun 13th, 2006

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...

Answer Question  Select Best Answer

1. What you mean by Business unit, Legal entity, operating unit, Business Group.
2. Can u tell me the Setup's for Auto Invoice and Multi-org.
3. What u mean by Parent and child relation ships and when we are using the same?