Interested to Buy Any Domain ? << Click Here >> for more details...
When does the Invoice price variance arise? What is the
accounting entry?
- 1 Answers
- 7345 Views
- I also Faced
- E-Mail Answers
Answer / raghesh
Price of a PO different from in Invoice because of exchange rate is termed as invoice price variance
AP accrual A/C --------------- Dr 100
Invoice price variance a/c----- Dr 10
TO,
Liability A/C -----------------Cr 110
| Is This Answer Correct ? | 2 Yes | 1 No |
What's the accounting entry when an Invoice is created in AP?
Can it be set that the GL date is the Sale Order date or Ship to Date?
How can we Define Corporate law sob and Income Tax law Sob?
What is the Mondatory profile options used in Multi Org ?
I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thank you in advance for your help.
Tell me cash management mandatory setups
What could be the probable reason for Not Showing the Taxes in Project Draft Invoices?
in payable module mandatory setup.
What is the report used to identify duplicate suppliers?
What are the types of receipts?
WHAT IS ACCOUNTING CONVENTION, WHY WILL WE USE IT
Hi Everyone, I've done my MCom & worked on Oracle 11i FA, GL & AP 3years back. Currently Working on SAP Accounts payable. Total 8 years in Finance BPO's. My dream is join Oracle Apps I read materials & go through interview questions. But, how do I modify my CV to fit the Job & will End User job resp will get any job in Market??? Plz help me, how do I convince interviews that I'm really a valued resource to them. Thanks for all your help.
Oracle Apps Technical 
