When does the Invoice price variance arise? What is the
accounting entry?
Answer / raghesh
Price of a PO different from in Invoice because of exchange rate is termed as invoice price variance
AP accrual A/C --------------- Dr 100
Invoice price variance a/c----- Dr 10
TO,
Liability A/C -----------------Cr 110
| Is This Answer Correct ? | 2 Yes | 1 No |
can anyone explain roll back in FA?
What is the use of gl set of books name, while configure multiorg?
whichever documents prepaired by the FUNCTIONAL CONSULTANT while implementing project by using AIM.
can any one tell me what exactly functional consultant do on daily basis? client requirements?
Payment Methods?
How can the new account combinations be defined when dynamic insert option is not enabled?
what is the impact if i wrongly assign the account type to an segment value in oracle apps r12?
In GL for the trail balance report i am getting imbalance amounts. Some amount is carry forwarding from 3 months onward as a opening balance how can i find the transactions related to the imbalanced amount in gl? IN clear the trail balance opening and closing balance should be zero but some amount is carry forwarded from some periods what are the transactions related to that balance and how can i find that transactions.
what is accounting entries of p2p
What are the rules for translation?
Can journals imported from sub-ledger, if unposted, be modified?
Let me know to Support projects life cycles details?