What are the Accounting Entries in P2P.in Oracle Financial
terminology ?
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Answer Posted / mahmoud maher
Receipt
DR: Goods under inspection
CR: AP Inventory Accrual
Deliver:
DR: Inventory
CR: Goods under inspection
AP Invoices
DR: AP Inventory Accrual
CR: Liability
Payment
DR: Liability
CR: Cash Clearing
CM Clearing
DR: Cash Clearing
CR: Cash
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