Answer / prasad

Accrue on Period

The Goods/service items which are already received by the Organisation however pending for receipt to be craeted,
a provision for Journal entry posted for these type of accrual which is payable in near future and is due for payment.
(Value already entered/reflect in the System - GL)

Accrue on Receipt

The Goods/service items which are already Receipt created, and is due for payment.
(Value already entered/reflect in the System - Receipt )

I have requirement where the Invoice given by supplier is in USD, but the payment can be done in GBP. Is it possible in AP?

4 Answers  

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What is the Process of Reconciliation Between AP to GL

0 Answers   Wipro,

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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,

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What is use Security list maintain program

3 Answers  

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How can I get the Profit & Loss (P/L) report of a period in GL ? plz tell me the parameter name if it required me to submit a new request ?

2 Answers   KPIT,

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Payable open interface import? (Expense Report Import)

1 Answers   TCS,

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r there any setups to enable budget tab while entering journals

2 Answers   Pfizer,

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what is legacy system

5 Answers   AppLabs, Satyam,

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When does the Invoice price variance arise? What is the accounting entry?

1 Answers  

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what is steps include after mapping in consolidation process?

2 Answers  

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While setting up the cross validation rules is it necessary to enable the SECURITY RULE check box along with CROSS VALIDATION RULE check box in flexfield structure. plz clarify my dt

3 Answers  

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one employee went on site , we given to him 1000 through prepayment . but i final spends amount is 800, then what about remaining 200 , how can we refund to organisation. through debit memo or credit memo, or , prepayment or if any, please give me best solution , if any one know this question answer reply me this mail, nmallioracle@gmail.com

1 Answers   Polaris,

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