When a liability to supplier create in oracle apps

Answer Posted / mahesh

Once the Invoice is Created and Validated in Payables , the
firm becomes liable to pay to the Supplier.

Is This Answer Correct ?    6 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How do you adjust receivables?

1782


What is multi org? What is difference between 11i and 12i multi org structure?

656


What is the meaning holding tax?

678


What is Difference between Auto Copy Journal and recurring journal?

1312


explain with examples what r the roles & Responsiblities of a functional consultant who reviews the Test Scripts, Test Cases and Test Execution Results of AP, FA and GL.

2091






What is meaning of deprecation?

632


Provide an overview of AR cash receipt processing.

2172


What is the Process of Reconciliation Between AP to GL

1176


Substitute receipts and Unordered Receipts

2894


What is gap analysis, what are the pre-requisities?

754


HI, once we create the standard invoice then we can get journal entry item expense a/c-dr to liability a.c then item it will reflect through inventory, but liability a/c . it will reflect from GL , it is possible .

1431


In Subinventories Form, how to enable the Locator Control. A message displayed when changing the drop down list "FRM-40200: Field is protected against update.

2443


What is gap analysis, how do you defined. What are the pre-requisities?

640


what is the meaning of purchase default and what are the types

1688


What is gap analysis, how do you defined?

654