What is meant by accrual write off?
- 3 Answers
- 31946 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Writing of Accruals which are not matched to particular PO
or Receipts, we run a accrual write of Report and select
all the Payable invoices that are not related to any PO and
also duplicted invoices and reverse these entries.
Tha happens when PO Module is not implemented.
| Is This Answer Correct ? | 13 Yes | 3 No |
Answer / kikk raj
HI ,
Accrual write off is tightly linked with accrual reconciliation report.
Ideally Accrual reconciliation report, should show only pending accrual amount for which liability is not yet booked.
Standard Accrual reconciliation report shows all the transactions where ever accrual account was used in subledgers AP, Inv which were not closed.
If there are any unwanted lines appearing in the accrual reconciliation report the same can be corrected through accrual write off functionality.
Accrual write off will only eliminate the transaction appearing in the accrual reconciliation report. A manual JV needs to be passed in GL to maintain the balances tallied with GL & Accrual reconciliation report.
| Is This Answer Correct ? | 0 Yes | 1 No |
How many reporting Set of Books can be attached to one primary Set of Books
Is it possible to import invoices of a specific Sales Order?
What is the use of requition template?
In AR module What is the difference between Debit Memo and Credit Memo ?
in general ledger it is posiible for reverse entry in any another option ( not reverse tab)
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 are the journal entries in O2C Cycle.
how to find out one organization using multi-org or single org?
5 Answers Accenture, Cognizant,
What is the difference between data converson and data migration
what is VAT claim process?
can anyone explain roll back in FA?
What is the difference between manual payment and quick payment in payables?
Oracle Apps Technical 
