What are the Accounting Entries in P2P.in Oracle Financial
terminology ?
- 6 Answers
- 15971 Views
- I also Faced
- E-Mail Answers
Answer Posted / arvind n
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 ? | 9 Yes | 9 No |
Post New Answer View All Answers
What is difference between primary and secondary ledger
What is gap analysis, how do you defined. What are the pre-requisities?
explain your project plan with exam pal? i am preparing inter view .............
While assigning the security by book in oracle assets..i am unable ot get the asset org in security profile form.This asset org was already defined in org description window.
what is the use of hr: security profile, 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.
can any one tell me what exactly functional consultant do on daily basis? client requirements?
Explain about Localization (IND & US ) in Oracle Apps ?
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
Define the activities of the Configuration Manager (AP,GL,FA) in the team. Give examples
what is the steps to customization ?
What is the Use of Grouping Rule in Receivables ? is it mandatory field ?
What is the Invoicing System in Oracle R12
What is the Process of Reconciliation Between AP to GL
I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.
