Interested to Buy Any Domain ? << Click Here >> for more details...
What are the accounting entries in p2p cycle??
- 8 Answers
- 98638 Views
- Sierra Atlantica, TCS, I also Faced
- E-Mail Answers
Answer Posted / kishore
At the time of receipt
------------------------------
Receiving inventory a/c dr
to Inventory AP Acurral a/c
At the time of invoice
--------------------------------
Inventory AP Accural a/c dr]'
to Liability a/c
At the time of payment
-------------------------
Liability a/c dr
to Cash or Bank
| Is This Answer Correct ? | 31 Yes | 16 No |
Post New Answer View All Answers
What is meaning of deprecation?
We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?
1.what is the name of program to create invoice automatic from po.? 2.How to auto upload the bank statement? 3.PO tax has not flown to invoice . why? Debit memo not generated for return of goods.??
On what different real time issues you worked while doing P2P cycle implementation?
Substitute receipts and Unordered Receipts
I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.
What are the inventory report to check inventory status.
How to support projects life cycles details?
what is the difference between bonus reserve and bonus expense
can we define 2 different currency revaluation at a time??
What is gap analysis, how do you defined. What are the pre-requisities?
payment types and payment methods.
How to refund for a customer who returns goods and wants a refund for $600 in R12 In above scenarios customer does not want Credit Memo or On- Account Credit, he wants refund check . and as we know we do not issue check from AR. How can we issue Check from AP and how offsetting is done for the same in R12
could you please post some work around that any body have done in the financial modules.
explain with examples what r the roles & Responsiblities of a functional consultant who reviews the Test Scripts, Test Cases and Test Execution Results of AP, FA and GL.
