Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

how accounting transactions in AP module??

Answer Posted / 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

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you mean by Category Set ? and what is its Relevance ?

2353


In Subinventories Form, how to enable the Locator Control. A message displayed when changing the drop down list "FRM-40200: Field is protected against update.

3095


SLA usage ans how to define setups?

2651


Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.

2268


What is the use of hr: user type, while configure multiorg?

1042


can any one tell me what exactly functional consultant do on daily basis? client requirements?

910


What is the use of gl set of books name, while configure multiorg?

1047


What kind of budgets have you worked on?

2293


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.??

3404


Explain about Localization (IND & US ) in Oracle Apps ?

3091


What is the meaning holding tax?

1056


what is the difference between bonus reserve and bonus expense

4444


What are the types of setups in apps inventory module

2359


How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?

2653


How do u bridge the gaps in functional understanding of AP,GL,FA. explain with some live examples.

2503