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What are the Accounting Entries in P2P.in Oracle Financial
terminology ?

Question Posted / mahmoud maher

Answer Posted / mahmoud maher

Receipt
DR: Goods under inspection
CR: AP Inventory Accrual

Deliver:
DR: Inventory
CR: Goods under inspection

AP Invoices
DR: AP Inventory Accrual
CR: Liability

Payment
DR: Liability
CR: Cash Clearing

CM Clearing
DR: Cash Clearing
CR: Cash

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