Welcome

Welcome to HandsonERP.com

This site provides video based training of Oracle Financials.
Learn concepts and functionality in a step by step manner.

Login

HandsonERP - Oracle E-Business Suite Training
Welcome, Guest
Please Login or Register.    Lost Password?
Please post inquiries related to lessons content here. All questions and inquiries related to the website should be submitted directly using Contact form in the top menu.
Go to bottom Post Reply Favoured: 0
TOPIC: Adjustments in FA Module
#5219
Ankur Bhatia (User)
Fresh Boarder
Posts: 15
graphgraph
User Offline Click here to see the profile of this user
Adjustments in FA Module 9 Years, 11 Months ago  
In FA Module unlike in GL we do not have adjustment periods.If by mistake someone entered wrong entry so can we do adjustment for that entry? How? Can we do adjustment for that entry in GL?
 
Report to moderator   Logged Logged  
  The administrator has disabled public write access.
#5226
handsonerp (Admin)
Admin
Posts: 1989
graph
User Offline Click here to see the profile of this user
Re:Adjustments in FA Module 9 Years, 11 Months ago  
My apologies as I had been away from the forum for a longer time.

About your question, in GL the adjustment period is not used for corrections to fix errors that have occurred during month to month transactions. The optional adjustment period is to absorb year end accounting adjustments (not fixes to mistakes). Therefore your comparison is not correct.
 
Report to moderator   Logged Logged  
  The administrator has disabled public write access.
Go to top Post Reply
Powered by FireBoardget the latest posts directly to your desktop