What are the difference between Deposit and Guarantee in AR
Answer Posted / swathi
Both are committment
Deposit: When u raise an deposit u pay it. Again when
invoice is raised u tie the invoice to the deposit.
Guarantee: It is promise to buy a specified quantity. u
dont pay the Guarantee. U only tie the invoices to a
Guarantee.
For both the revenue account is unearned.
Regards
swathi
Is This Answer Correct ? | 4 Yes | 4 No |
Post New Answer View All Answers
How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?
Can Adjustments be imported?
What are the types of setups in apps inventory module
Please post the setups required to approve the payable invoice in AP.
Explain Customization process?
Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?
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.
What is meant RD020
difference between tds and income tax (India)
Hi I'm new in ERP - Oracle Application i appriciate if any one help me in this issue i need SQL to get badeget balance Acutal Balance Encumbrance Balance fund Avalable thanx ahmed
What do you mean by controlling buyers workload?
What is the Use of Grouping Rule in Receivables ? is it mandatory field ?
can any one tell me what exactly functional consultant do on daily basis? client requirements?
what is the difference between bonus reserve and bonus expense
1.what is the name of program to create invoice automatic from po.? 2.How to auto upload the bank statement? 3.PO tax has not flown to invoice . why? Debit memo not generated for return of goods.??