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 ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is gap analysis, what are the pre-requisities?
Can Adjustments be imported?
What is the db number of a particular customer TCA?
What is the procedure for requition import?
what is the difference between before pages trigger and after parameter trigger in reports ?
Explain about Localization (IND & US ) in Oracle Apps ?
When we run a GL Reconciliation Report, we also see the void payments in that report. Even though i disable the option of Show Void payments, its appearing in the report.How do i proceed so that i dont see those void payments in the GL Reconciliation Report?
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.
How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?
Anyone provide the oracle fin/scm definetions
What is the Process of Reconciliation Between AP to GL
Difference between header level tax calculation and line level tax calculation
how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl
Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.
What is meant RD020