Ledger Question:

Explain scenario of Multi-Org. setup?

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Answer:

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 seperately.

MULTI-ORG STRUCTURE

BUSINESS GROUP (HEAD COMPANY)

LEGAL ENTITY(SET OF BOOKS)

OPERATING UNIT(AP,PO,AR,FA)

INVENTORY ORG

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Which of the following is not included in the government accounting Balance Sheet:
1) Asset,
2) Cost,
3) Liability,
4) Surplus
Tell me how the Sub Ledgers(AP,AR) integrate with GL?