where should liability account define in account payable
what are the steps for payment process
Answer Posted / haresh
The liability account is primarily picked from the supplier
site. If no liability account is defined at the supplier
site then the system shall search for the same in the
supplier header. If the liability account is not found in
the supplier header also, then the system shall pick the
same from the financial options. However, this can be
overridden at the invoice header.
(Note - In the inovice header, this field is hidden.)
Hence, the liability account is picked in the following
order -
Invoice Header > Supplier Site > Supplier Header >
Financial Options
Is This Answer Correct ? | 21 Yes | 0 No |
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