What's the accounting entry when an Invoice is created in
AP?
Answer Posted / madhav
AP ACCRUAL A/C DR
TO LIABILTY A/C
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
I am working on PPR process to print checks. Currently the checks are printing for each supplier, supplier site and payment method group. My requirement is the invoice level one DFF is available (like A and B are the input values). Please let me know how include this DFF at invoice grouping level.
Provide an overview of AR cash receipt processing.
What is the use of mo: security profile, while configure multiorg?
There is employee X and employee Y (who is supervisor of X); when Y submits expenses how will the system ensures that this should not go to X even if he has the approval authority.
Substitute receipts and Unordered Receipts
What is the procedure for requition import?
encumbrence set ups?
difference between tds and income tax (India)
What is Reporting of financial data in a project.
Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?
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
What is the Process of Reconciliation Between AP to GL
What is the use of hr: user type, while configure multiorg?
could you please post some work around that any body have done in the financial modules.
Explain about Localization (IND & US ) in Oracle Apps ?