Interested to Buy Any Domain ? << Click Here >> for more details...
What is write off in payables? When do we use?
- 2 Answers
- 10137 Views
- Genesis, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Hi,
Write off functionality can be done two ways for payables…Create a dummy bank account give write off account in cash account….now create a debit memo for the wrie off amount and pay both the invoice amount and debit memo amount….This is called zero payaments....For this you have to enable Allow zero payments check box at bank account level
| Is This Answer Correct ? | 1 Yes | 0 No |
Hi,
Write off functionality can be done two ways for payables…Create a dummy bank account give write off account in cash account….now create a debit memo for the wrie off amount and pay both the invoice amount and debit memo amount….This is called zero payaments....For this you have to enable Allow zero payments check box at bank account level
| Is This Answer Correct ? | 0 Yes | 1 No |
what are the accounting entries which get effected in order to cash cycle
8 Answers Cognizant, Oracle, TCS, Wipro,
What are the back end process happening when closing period and opening period. This is the technical question and what are the tables updating in this process? pls help me
What r the Innovative solutions we create for that?
I have created an invoice and made the payment in Accounts payable. Now the payment status is Negotiable and accounting status is processed. I reconciled the transaction in Cash Mgmt, The status changed from negotiable to Reconciled in CM. I checked the payment status for the invoice in payment window(AP), the payment status changed to RECONCILED UNACCOUNTED i.e correct but the accounting status is remain processed which is not the correct. I hope the transaction will be correct if the accounting status would have changed to PERTIAL . Please suggest any solution for the above query.
What is the difference between SR
What is dynamic insertion ? How to turn off the dynamic insertion ?
When does the Invoice price variance arise? What is the accounting entry?
What is the use of defining security hierarchy?
what is MOAC?
2 Answers ABC, Ness Technologies,
Use of Distribution set?
What is the difference between Recurring Journals and Recurring Invoices? What is the need for the Recurring Journals in GL when Recurring invoices exist in AP?
What is the difference between Quick addition and detail addition?
Oracle Apps Technical 
