Answer Posted / mahesh babu
Whwn we gor p2p, mainly we can see 5 entires.
1. when we recive the goods from staging area?
Recieving Inv a/c dr
To AP Acrual a/c cr
2.whe we transfer the goods from recving to Sub Inv?
Inv a/c dr
To Rec Inv a/c Cr
3. When we record the Purchase Invoice ?
AP Acrual a/c dr
To liabilty a/c cr
4. when we make Payment?
Laibilty a/c dr
To Cash Clearing a/c cr
5. when we Reconsile payments?
Cash Clearing a/c dr
To Cash a/c cr
Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is the use of hr: user type, while configure multiorg?
What is the db number of a particular customer TCA?
What is the Invoicing System in Oracle R12
What are the types of setups in apps inventory module
What kind of budgets have you worked on?
how service tax work.
SLA usage ans how to define setups?
I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.
could you please post some work around that any body have done in the financial modules.
Explain Customization process?
What is the entry in oracle apps ap,ar,gl for following transations1.one pipe purchase at rs.1002.one pipe sales at rs.150
How to support projects life cycles details?
what is VAT claim process?
What kind of necessary ap information you gather from the client?
explain with examples what r the roles & Responsiblities of a functional consultant who reviews the Test Scripts, Test Cases and Test Execution Results of AP, FA and GL.