Answer / siva

1. Invoice Register (Unvalidated & Validated Invoices)
2. Payment Register
3. Invoice on Hold Report
4. Unaccounted Transactions Report
5. Payables Accounting Process
6. Payables Transfer to General Ledger
7. Accounts Payable Trial Balance Report
8. Posted Invoice Register
9. Posted Payment Register

Please check the below payments processes.

1. If payments are in-process status (built, format) cancel
those payment batches
2. If payments are un-started status go to edit and delete
those payment batches.

Answer / sreee

1.invoice validation
2.invoic hold report
3.create accounting
4.ap trial balanc report
4.invoice register report(current month liability)
5.payment register report(payed amount report)
6.ap trial balance report

Answer / mahesh .gudeti

AP PERIOD END PROCESS:

1. Complete all the invoices for the period being closed

1. complete invoices and credits
2. complete prepayments
3. complete expense reports
4. complete invoice imports
5. complete prepayments.

2. Approve and Validate all the invoices

3. Review the invoice on hold reports

4. Review the Journal entries reports

5. Review the Unaccounted Transaction reports

6. Optionally run the payment process request at the month end

7.Confirm all the payment instructions

8. Reconcile payment with bank statement

9.Transfer all invoices and payments to the GL

10. Complete internal reconcilation of payables

11. Submit the unaccounted transaction sweep progrome

12. Reconcile payable activity with GL

13. Close the oracle payable current period

14. Accure un invoiced receipts

15.Run mass additions transfer to oracle assets

16. open the next accounting period

Reconcilation in Account payable side :

there are two types...
1. AP Internal reconcilation
2. Ap transfer to GL Reconcilation


1. AP Internal reconcilation:

Here we know the opening balance and closing balace

for example : opening balance : 1000000

invoice Amount : 2000000
__________
3000000
__________
paid 800000
________
liability ( closing balance) = 2200000
___________

AP Trail balance (last balance of the current period)

+ posted invoice register

- posted payment register

= AP trail balance ( last of the current period)

2. AP To GL Reconcilation

Here we need to check the

Account ANALYSIS REPORT in GL(total of the AP Liability accounts in GL)

AP trail balance ( last of the current period).

Can somebody provide me the various or atleast most frequent issues a support consultant deal with?

2 Answers   Wipro,

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What are the Setups required for payable invoice approval.

3 Answers  

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What is the process of Third party payment in R12.1.3 version?

2 Answers  

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what is the impact if i wrongly assign the account type to an segment value in oracle apps r12?

1 Answers   Dhanush Infotech,

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How can we Integrate AP,AR,CM & FA to GL? What is the procedure need to fallow as a functional consultant?

1 Answers  

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how accounting transactions in AP module??

2 Answers   UST,

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What will accrue in Payables?

4 Answers   HCL, IBM, TCS,

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If scenario I assigned default Mo operating unit and Mo security profile is b so what can able to see in operating unit in payable?

1 Answers   Deloitte,

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we track suppliers information from legacy to oracle apps what is the programe?in technical scenario we use sql loader or adi but in functional what is the program ?

2 Answers   Genpact, JM Baxi,

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Is it possible to retire an asset in the same period it is added?

2 Answers  

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Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.

0 Answers  

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What are the steps and control checks in posting journal entries ?

1 Answers   Oracle,

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