Answer / tgs100

When vendor invoice is created,
Accrual A/C - Dr
Liability A/C - Cr
TDS payable A/C - Cr

When vendor invoice is paid,
Liability A/C - Dr
Bank/Cash A/C - Cr

When vendor invoice is validated, system will also create TDS invoice for TDS Authority.
For TDS Invoice,
TDS Payable A/C - Dr
TDS Liability A/C - Cr

When TDS Invoice is paid,
TDS Liability A/C - Dr
Bank/Cash A/C - Cr

Can you hold partial payments? And how can that be achieved?

1 Answers  

---

In Accounts Payable credit memo and debit memo are entered with -ve amount but in Accounts Receivable why credit memo has -ve amonut and debit memo + ve?

6 Answers   Silicon Valley,

---

I have some scenario if I have 10000 transaction for the reconcile of payment, so what is best idea reconciliation for the payment manual or auto? If say auto way?

1 Answers   Deloitte,

---

Can we implement MRC at Payables?

4 Answers  

---

What is the Invoicing System in Oracle R12

0 Answers   DELL,

---

What are different types of way in our matching invoice?

1 Answers   Deloitte,

---

What is use multi-currency payment if enable in bank window?

1 Answers   Deloitte,

---

Why system asks enter valid cost center while Creating internet Expenses but i entred my cost center system ask same question could u please give me answer

1 Answers  

---

What is the difference between Currency Translation, conversion and revaluation?

2 Answers   Oracle,

---

How to set different interest rates for different suppliers ?

3 Answers   IBM,

---

What is the purpose of MO: Security Option profile option ?

4 Answers   Tesco,

---

What is the use of allow amortized changes check box?

1 Answers  

---