why we need to run "Payables accounting process" for
interest invoices? What are the accounting entries created?



why we need to run "Payables accounting process" for interest invoices? What are the acco..

Answer / giri222@gmail.com

To create accounting entries for interest invoices

Dr: Interest payable / interest expense account
Cr: Liability account

Is This Answer Correct ?    0 Yes 3 No

Post New Answer

More Oracle Apps Financial Interview Questions

how data is transferred from interface table to base table ?

4 Answers  


Can we maintain 2 sob's for one company, how?

5 Answers   TCS,


Charge Back Setups ?

0 Answers   BSS, L&T, TCS,


What is the meaning of Deprecation

2 Answers   Wipro,


What is difference between primary and secondary ledger

0 Answers  






Hi, Friends i need some Accounts Payable, General Ledger, Cash Management study material. Please if u have some material kindly send to my id itsaqueelahmed@gmail.com. i will be very thankful to u .

0 Answers  


Write Test Scripts for a telecummunication project on the basis of priority with some examples with regard to AP,GL,FA.

0 Answers   TCS,


2. what is receipt method.

2 Answers   Arihant,


IS Automatic writeoff allowed for both over n under payments??

3 Answers  


Is Operating unit have branches in different location. I.e. same operating unit have One branch at Delhi and another one at Mumbai.

3 Answers   Aurobindo,


Can I Change the Value set once i attache to MY COA and can i post the journal entries with assiging the valuesets ti the COA

3 Answers  


How do U do the Analysis of discounts lost and fixing the root cause

1 Answers   Infosys, Wipro,


Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (793)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (114)