1Z0-333 · Question #55
Which two statements are true regarding how Intercompany Balancing Rule, are defied?
The correct answer is C. You can define different balancing rules for different combinations of journal sources, journal D. You can define different rules for different charts of accounts, ledgers, legal entities, and primary. Intercompany Balancing Rules define how you want an intercompany transaction to be balanced, such as which intercompany receivable/payable account to use. You can define different rules for different combinations of journal sources and journal categories. Rules by transaction…
Question
Which two statements are true regarding how Intercompany Balancing Rule, are defied?
Options
- AAll ledgers engaged in an intercompany transaction must share the same chart: of accounts in
- BYou can only define balancing rules for different journals' sources.
- CYou can define different balancing rules for different combinations of journal sources, journal
- DYou can define different rules for different charts of accounts, ledgers, legal entities, and primary
How the community answered
(44 responses)- A11% (5)
- B18% (8)
- C70% (31)
Explanation
Intercompany Balancing Rules define how you want an intercompany transaction to be balanced, such as which intercompany receivable/payable account to use. You can define different rules for different combinations of journal sources and journal categories. Rules by transaction type are only used for intercompany transactions created in the Intercompany module. You can also define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment values. https://docs.oracle.com/cd/E18727_01/doc.121/e13620/T450006T450009.htm
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