Oracle Forums Community of Oracle Professionals including Fusion/Cloud Application Consultants, ERP Experts, Oracle Apps Functional Consultants, Apps DBAs, DBAs, Cloud DBAs, Technical Consultants, Fusion Middleware Experts, SQL, PL/SQL Developers and Project Managers. Welcome to OraERP.com Social Community, a friendly and active community of Oracle Technology Professionals who believe that technology can ‘make the world a better place’. By joining Oracle ERP Community you will have the ability to Post Topics, Receive our Newsletter, subscribe to threads and access many other special features. Registration is Quick, Simple and Absolutely Free.

Thread Rating:
  • 10 Vote(s) - 2.6 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Purpose of translation adjustment of account in oracle r12.
#1
Question 
What is the purpose of translation adjustment of account in oracle r12?
Reply
Thanks given by:
#2
(07-19-2014, 10:22 PM)Divya Omkar Wrote: What is the purpose of translation adjustment of account in oracle r12?
You can translate your actual and budget account balances from your functional
currency to another currency. If you have average balance processing enabled,
you can translate average, as well as standard, balances. If you want to report
financial results in Euro, you can use General Ledger's translation feature to
translate your account balances from your functional currency to Euro.
Run translation after you have completed all journal activity for an
accounting period. If you post additional journal entries or change your
translation rates after running translation for a period, you must retranslate.
Additionally, if you change the account type for an account segment value and
want to retranslate your actual account balances, you must re-enter or change
the period-end and average exchange rates for the periods you want to
retranslate.
Reply
Thanks given by:
#3
(07-20-2014, 03:42 AM)Anumeha Manish Wrote:
(07-19-2014, 10:22 PM)Divya Omkar Wrote: What is the purpose of translation adjustment of account in oracle r12?
You can translate your actual and budget account balances from your functional
currency to another currency. If you have average balance processing enabled,
you can translate average, as well as standard, balances. If you want to report
financial results in Euro, you can use General Ledger's translation feature to
translate your account balances from your functional currency to Euro.
Run translation after you have completed all journal activity for an
accounting period. If you post additional journal entries or change your
translation rates after running translation for a period, you must retranslate.
Additionally, if you change the account type for an account segment value and
want to retranslate your actual account balances, you must re-enter or change
the period-end and average exchange rates for the periods you want to
retranslate.
Thanku.
Reply
Thanks given by:


Possibly Related Threads...
Thread Author Replies Views Last Post
  Change bank account for supplier payment Danuj Ganesh 2 1,231 10-05-2016, 05:20 PM
Last Post: waelmadj
  Want to add different suppliers as Primary Account Owners Ryan Adam 1 854 05-24-2015, 03:55 PM
Last Post: Zishan Ali
  How t query AR on Account Receipts Mukhtar Ali 1 1,597 02-01-2015, 08:03 PM
Last Post: Gopal Ayog
  how to define summary account Ali Rizwan 3 1,007 01-15-2015, 06:17 PM
Last Post: Ali Rizwan
  Unable to find end date for bank account Balin Chakra 1 780 01-02-2015, 12:39 AM
Last Post: M Irfan
  Customer and customer account should create automatically from Supplier Emily Sarah 1 861 12-04-2014, 07:36 PM
Last Post: Saleem Akhtar
  Retained earnings should be a balance sheet account Archita Jartin 1 2,150 09-02-2014, 06:21 PM
Last Post: M Irfan
  Change FA clearing account Kashif Manzoor 2 7,615 05-31-2011, 05:31 PM
Last Post: shirfanarshad
  online GL Account Analysis inquiry Sara Khan 2 5,055 12-12-2010, 11:21 PM
Last Post: nandu



Users browsing this thread: 1 Guest(s)
OTech Talks, Lets Talk OPEN! Get Oracle Tutorials, Tips! Post a Question!