Interested to Buy Any Domain ? << Click Here >> for more details...
What is use of AP Accounting Periods?
- 4 Answers
- 15366 Views
- HCL, IBM, TCS, I also Faced
- E-Mail Answers
Answer Posted / omsai
AP ACCOUNTING PERIODS HELPS TO PERFORM INVOICES RAISING AND
PAYMENTS MADE WITH IN THE THE APPLICATION. BEFORE WE
TRANSFER BALANCES TO GL , WE NEED TO CLOSE THIS SUB LEDGER
PERIODS. AFTER FROM THAT, IF PROPER VALIDATIONS ARE NOT
TAKEN AND HOLDS EXISTS ON EIGHER INVOICE OR PAYMENT THEN WE
CANT CLOSE AP PERIODS..WHICH INTURN EFFECTS ON GL CLOSE AS
WELL AS CONSOLIDATION
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
could you please post some work around that any body have done in the financial modules.
What are register in India localisation?
What is meant RD020
We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?
can we define 2 different currency revaluation at a time??
What is the use of hr: user type, while configure multiorg?
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.
Explain about Localization (IND & US ) in Oracle Apps ?
What is gap analysis, how do you defined. What are the pre-requisities?
1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?
I have created an invoice and made the payment in Accounts payable. Now the payment status is Negotiable and accounting status is processed. I reconciled the transaction in Cash Mgmt, The status changed from negotiable to Reconciled in CM. I checked the payment status for the invoice in payment window(AP), the payment status changed to RECONCILED UNACCOUNTED i.e correct but the accounting status is remain processed which is not the correct. I hope the transaction will be correct if the accounting status would have changed to PERTIAL . Please suggest any solution for the above query.
What is Work Flow of AP,AR, Sales & Purchase
What is the entry in oracle apps ap,ar,gl for following transations1.one pipe purchase at rs.1002.one pipe sales at rs.150
can any one tell me what exactly functional consultant do on daily basis? client requirements?
how service tax work.
