What is use of AP Accounting Periods?
Answer Posted / omsai
AP ACCOUNTING PERIODS HELPS TO PERFORM INVOICES RAISING AND
PAYMENTS MADE WITH IN THE THE APPLICATION. BEFORE WE
TRANSFER BALANCES TO GL , WE NEED TO CLOSE THIS SUB LEDGER
PERIODS. AFTER FROM THAT, IF PROPER VALIDATIONS ARE NOT
TAKEN AND HOLDS EXISTS ON EIGHER INVOICE OR PAYMENT THEN WE
CANT CLOSE AP PERIODS..WHICH INTURN EFFECTS ON GL CLOSE AS
WELL AS CONSOLIDATION
Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
What is gap analysis, how do you defined?
What is meant RD020
Provide an overview of AR cash receipt processing.
can we define 2 different currency revaluation at a time??
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.
Can I do a payment of 50 bills on a post date. If yes, then how?
Recurring Problem Posting i have Journals for sep 2018 that i approved but they are not available to post even though the period is open in Oracle R12 Issues
what is the difference between before pages trigger and after parameter trigger in reports ?
SLA usage ans how to define setups?
HI, once we create the standard invoice then we can get journal entry item expense a/c-dr to liability a.c then item it will reflect through inventory, but liability a/c . it will reflect from GL , it is possible .
Explain Customization process?
I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.
Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.
how service tax work.
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?