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).

what are the reports generated by a functional consultant in GL, AP, AR, CE, FA? thanks for the answers in advance

3 Answers  

---

How can we create FSG in another currency other than the currency which is associated with ledger?

1 Answers   Cap Gemini,

---

MOAC setup and which module do the setup? And what is the use of MOAC?

4 Answers   Deloitte,

---

Hi all, I have setup my AP and created 3 invoice batches which as seen validated yet when i try to make payment i get the following error"APP-SQL - 10006: the date you entered is not an open accounting period." I have opened the calendar for that month yet it giving me this error. Any help will be appreciated.

4 Answers   IBM,

---

What is Tax Structure in US, we set-up in E-business Tax of R- 12 or 11i?

3 Answers   Oracle,

---

What will accrue in Payables?

4 Answers   HCL, IBM, TCS,

---

What is the way in which a Trial Balance of a company be loaded into Oracle; assuming that there are no sub-ledger transactions to be loaded?

1 Answers  

---

Tell me steps for Period closing Process in AP?

1 Answers  

---

what is Planning budgeting & Funding Budget and Setup Steps For Planning & Funding Budget ?

1 Answers   Oracle,

---

Difference between header level tax calculation and line level tax calculation

0 Answers   IBM,

---

For what purpose use Mass Allocation In General Ledger. and what procedure to create mass allocation . can any body explain

2 Answers  

---

What kind of budgets have you worked on?

0 Answers  

---