Interested to Buy Any Domain ? << Click Here >> for more details...
Supplier send Material to company as on year end I.e. 31
st march.
Company recd the material at store . but invoice not came
with material as on 31 st march
can company add martial in stock ?
what is the entry in stoke and what is the liability to
supplier in oracle apps
- 2 Answers
- 6895 Views
- Yash Technologies, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / oracle lagoon
can company add martial in stock ?
Ans: YES
what is the entry in stoke
Ans:
Inventory Receiving DR
Inventory AP Accrual CR
what is the liability to
supplier in oracle apps
Ans: Its the cost of the goods. They can be adjusted in the
adjustment period.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / biduth chakraborty
In addition to above with the Stock updation the additional
entry in Inventory is generated
Material A/C Debit
Receiving Inventory A/c Credit
The Liability would the about Amount of Good Received. Same
would be Accrued once the Goods are received generating
entry Inventory Receivingl A/c debit and Inventory Accrual
A/c Credit. Once the Invoice is Received and matched in AP,
the Entry generated would be Inventory Accrual A/c Debit
and AP Liability A/c Credit.
| Is This Answer Correct ? | 1 Yes | 0 No |
what is the difference between position hierarchy and employee hierarchy in purchasing module?
what is revaluation?
4 Answers Ernst Young, Oracle,
What is the use of SLA ?
What is ment by asset revaluation?
What are the mandatory accounts that need to be setup in Set of Books?
what is the difference between Revaluation and Translation? what are the steps in GL?
Can you split an Invoice?
How do U do the Analysis of discounts lost and fixing the root cause
While you are in implemenation what are the u issues faced? tell me what some issues?
Can multiple Sales Orders be invoiced under one Invoice?
what is recoverable cost, NBV, salvage value?
1: What is major difference between Bank and Bank Account?
Oracle Apps Technical 
