Difference b/w Item Expense a/c, Material A/c & Expense A/c@Inventory org l

Difference b/w Item Expense a/c, Material A/c & Expense
A/c@Inventory org level?

Question Posted / rajesh

1 Answers
6891 Views
Infosys, I also Faced
E-Mail Answers

Difference b/w Item Expense a/c, Material A/c & Expense A/c@Inventory org level?..

Answer / ashishkale.pcs

Item Expense a/c : Basically charge ac, which get dr at the
time of invoice key in.

Material A/c : AC which get dr while stocking the Material
in the inventory.

Is This Answer Correct ?

3 Yes

0 No

Post New Answer

More Oracle Apps Financial Interview Questions

What is the use of Additinal paythrough days n AP?

1 Answers

Can i increse/Decrease ths size of value set ?

9 Answers IBM,

What is the use of the featured secondary tracking segment while defining the set of books in gl ?

2 Answers IBM,

Hi all, I'm confused when it comes the financial handling of transactions. What is the difference between an accounting entry and a journal entry in oracle eBS.

2 Answers Copac,

please explain with examples the below mentioned "Creating the end to end business scenarios and executing the scenarios to perform the regression testing".

0 Answers Satyam,

What is Reccuring Invoice ? What is the default invoice date for reccuring invoices ?

2 Answers KPIT,

Intercompany setup in oracle applications with transaction processing

1 Answers IBM,

2. O2C cycle with which accounts get effected

2 Answers Meru Cabs,

Can I increase/decrease the size of value set?

4 Answers

When a liability to supplier create in oracle apps

3 Answers GTL,

what is the tax levels in AP?

1 Answers

After prforming the invoce transaction and line amounts what is the process for posting the invoice and also please provide the R12material website name

1 Answers

For more Oracle Apps Financial Interview Questions Click Here