Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What's the accounting entry when an Invoice is created in
AP?

Answer Posted / mahesh .gudeti

When we are creating the at that entry will be like this

Item Expense A/c Dr

To Liability A/C should be credited.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is gap analysis, how do you defined?

1055


Explain Customization process?

1908


1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?

3793


Explain about Localization (IND & US ) in Oracle Apps ?

3094


Invoice Approval Process?

3175


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.

1571


what is the meaning of purchase default and what are the types

2148


what is the difference between before pages trigger and after parameter trigger in reports ?

2346


payment types and payment methods.

1873


How to Reconciliation AP to CM ? How to Reconciliation AR to CM ?

1814


What is the procedure for requition import?

2299


We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie

2656


Can Adjustments be imported?

2090


what is the steps to customization ?

2326


What is meant RD020

863