What is Auto accounting feature in AR ?
- 1 Answers
- 15158 Views
- Unisys, Wipro, I also Faced
- E-Mail Answers
Answer / kim khan
AutoAccounting is a powerful, flexible, and time saving
feature that automatically creates your general ledger
Accounting Flexfields. You can set up AutoAccounting to
create Accounting Flexfields that meet your business needs.
When you run AutoAccounting, Receivables
Assigns valid Accounting Flexfields to your invoices and
credit memos.
Automatically generates valid Accounting Flexfields for your
Freight, Receivable, Revenue, AutoInvoice Clearing, Tax,
Unbilled Receivable, and Unearned Revenue Accounts.
Controls how your Accounting Flexfields are created and
defined.
Receivables automatically creates default Accounting
Flexfields for your revenue, freight, receivable, and tax
accounts for each invoice and credit memo. AutoAccounting
also creates the proper unearned revenue or unbilled
receivable accounting entries you need when you use
invoicing and accounting rules. You can quickly enter your
invoices and credit memos without worrying about entering
the correct account.
| Is This Answer Correct ? | 19 Yes | 0 No |
What are the types of requitions?
Why are expenses items typically accrued at period end, and why are inventory items always accrued on receipt?
what is the steps to customization ?
how to transfer the retained earning amount from curret year to next year? what is the path in apps financial
What is ment by leased asset?
2 Answers Chartered Accountant, Sierra Atlantica,
R there any setups to change the source while entering Journals manually? The defaulted one is manual and the box is greyed out, how can i change the source?
What is the program to transfer data from AP to GL?
On account credit memo in AR needs to refunded, How ? and what are the steps required?
Use of automatic offset method?
What is the Process of Reconciliation Between AP to GL
whichever documents prepaired by the FUNCTIONAL CONSULTANT while implementing project by using AIM.
We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?
Oracle Apps Technical 
