Answer / amr sherif fahmy

From Purchasing Module:
1) A PO created with an Asset item.
2) Recieving receipt.

From AP Module:
1) Invoice created matched to PO, defaulting the Asset Clearing Account of the purchased asset category.
2) The "Track as Asset" Checkbox is checked at the Line Level.
3) Validate and Create Accounting for the Invoice.
4) Run "Mass Addition Create" program in AP.

In Fixed Assets Module:
1) Open Assets Interface and Correct/Edit/Complete your data.
2) Then Run "Post Mass Addition" program, the Asset will be posted to your assets.

Answer / 7090623881

Mass additions nothing but a asset clearing account must be there in invoice distribution window , which is there in asset category window.
then

invoice must be accounted and should transfer to gl.

it will work through below setups.

1. We need to Enter AP invoice

here we need to give asset clearing a/c in distribution window.then in line level we need enable "Track as asset".

2. we need to run create accounting program

then

3. we can check journal in gl and post
then
4. we can run mass additions create program

in ap here one journal entry it will pass

asset clearing a/c -dr
to accounts payable liability a/c

then
in FA 5. we need to prepare mass additions


6. we can post mass additions program

7. final query the asset to check results

in FA also one journal entry it will pass

when adding sset

asset cost a/c-dr
to asset clearing a/c

What is the difference between the credit memo and Debit memo?

5 Answers   KPIT, TCS,

---

what is subledger accounting

3 Answers   Ernst Young, TCS,

---

What type of issues You face in SLA

2 Answers  

---

Hi All., Can Any one tell me how define the receivable options in AR. what are steps should be followed for creating a receipting workbench.

1 Answers  

---

Hi, as I have 8 yrs End User exp in Oracle 11i 3rd bak & now SAP (in GL, AP, & FA), how do recruiters consider me as they are asking for Implementation exp. How do I convince them. I have done Oracle 11i training in 2007 & cont studyin materials also. But plz help how do I draft my CV such a way that I will get a job.

3 Answers  

---

Can any one tell What is implementation in oracle Applications

2 Answers   Wipro,

---

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

0 Answers  

---

Briefly list the steps for foreign currency journals?

2 Answers  

---

For which Business scenerio is the Multi Org setup Required ?

2 Answers   IBM,

---

can asset be retired in same month of creation?

3 Answers  

---

Can we implement MRC at payables?

2 Answers  

---

What is the use of detail,in detail and summaray

1 Answers   IBM,

---