Answer / srinivask

Invoice entry:

Invoice AP accrual a/c debit
AP liability a/c credit

Invoice payment:

AP liability a/c debit
cash/bank a/c credit

Answer / srikanth

In the Case of client using Cash Management

Invoice Entry:
AP Accural a/c to AP Liability
Cash Management:
AP Liability Ac to Cash Clearing A/C.
Invoice Payments:
Cash Clearing Ac to Cash

With out Cash Management

AP Accural Ac to Liability Ac
Liability Ac to Cash Ac

in payable module journal entries

1 Answers  

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how GRN works?

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Hi all, what are the mandatory sql/plsql commands functional consultant need to know, let me know please.....

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