Answer / narayana.chinni

Invoice Price variance is the difference between PO price and invoice price

Ex:- PO anount:10 qty:10

Receipt and invoice qty: 11

So the accounting entry would be

Receiving inventory a/c Dr 100
To AP inv accrual a/c Cr 100

When invoice is matched with PO:

AP inv accrual a/c DR 100
Invoice price variance a/c DR 10
To Liability account 110

I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.

0 Answers   DELL,

---

Which interface tables are used for Invoice Import?

5 Answers  

---

Is the multiple SOB architecture (MSOBA)supported in 11i ?

1 Answers   Accenture,

---

What are the mandatory accounts that need to be setup in Set of Books?

4 Answers   HCL, Syntel,

---

can you explain aim methodology, what are the documents need to be prepare as functional consultant, explain about gap.

2 Answers   Oracle,

---

---

what are flexfields in Asset?

6 Answers  

---

What is Reccuring Invoice ? What is the default invoice date for reccuring invoices ?

2 Answers   KPIT,

---

how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl

0 Answers  

---

What is the use of SLA ?

2 Answers   TCS,

---

Define Requition?

3 Answers  

---

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

0 Answers  

---

After prforming the invoce transaction and line amounts what is the process for posting the invoice and also please provide the R12material website name

1 Answers  

---