Answer Posted / ramu
first create mixed invoice remain prepayment amount & then
apply that invoice to prepayment. create debit memo agst
that invoice & make payment ...
accounting entry will be
1)prepayment invoice entry
prepayment 100
to liability 100
2) make payment
liability 100
to cash clearing
3) std invoice
item exp 60
to liability 60
4)Apply the std invoice to prepayment
liability 60
to prepaymnet 60
5)remain prepayment we have to create Mixed invoice
item exp 40
to liability 40
6) apply mixed invoice to prepayment
liability 40
to prepayment 40
7)Crete DM agst mixed invoice
liability 40
to item exp 40
8) make payment
cash clearing 40
to liability 40
| Is This Answer Correct ? | 9 Yes | 0 No |
Post New Answer View All Answers
how service tax work.
Re: what are the Issue that we face in Gl,PO and AP while Supporting
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.
Hi I'm new in ERP - Oracle Application i appriciate if any one help me in this issue i need SQL to get badeget balance Acutal Balance Encumbrance Balance fund Avalable thanx ahmed
can we define 2 different currency revaluation at a time??
explain your project plan with exam pal? i am preparing inter view .............
What is the use of hr: user type, while configure multiorg?
What is meaning of deprecation?
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.
Charge Back Setups ?
I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.
How to Reconciliation AP to CM ? How to Reconciliation AR to CM ?
What is the use of mo: security profile, while configure multiorg?
1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?
What is the procedure for requition import?
