Answer / siva

1. Invoice Register (Unvalidated & Validated Invoices)
2. Payment Register
3. Invoice on Hold Report
4. Unaccounted Transactions Report
5. Payables Accounting Process
6. Payables Transfer to General Ledger
7. Accounts Payable Trial Balance Report
8. Posted Invoice Register
9. Posted Payment Register

Please check the below payments processes.

1. If payments are in-process status (built, format) cancel
those payment batches
2. If payments are un-started status go to edit and delete
those payment batches.

Answer / sreee

1.invoice validation
2.invoic hold report
3.create accounting
4.ap trial balanc report
4.invoice register report(current month liability)
5.payment register report(payed amount report)
6.ap trial balance report

Answer / mahesh .gudeti

AP PERIOD END PROCESS:

1. Complete all the invoices for the period being closed

1. complete invoices and credits
2. complete prepayments
3. complete expense reports
4. complete invoice imports
5. complete prepayments.

2. Approve and Validate all the invoices

3. Review the invoice on hold reports

4. Review the Journal entries reports

5. Review the Unaccounted Transaction reports

6. Optionally run the payment process request at the month end

7.Confirm all the payment instructions

8. Reconcile payment with bank statement

9.Transfer all invoices and payments to the GL

10. Complete internal reconcilation of payables

11. Submit the unaccounted transaction sweep progrome

12. Reconcile payable activity with GL

13. Close the oracle payable current period

14. Accure un invoiced receipts

15.Run mass additions transfer to oracle assets

16. open the next accounting period

Reconcilation in Account payable side :

there are two types...
1. AP Internal reconcilation
2. Ap transfer to GL Reconcilation


1. AP Internal reconcilation:

Here we know the opening balance and closing balace

for example : opening balance : 1000000

invoice Amount : 2000000
__________
3000000
__________
paid 800000
________
liability ( closing balance) = 2200000
___________

AP Trail balance (last balance of the current period)

+ posted invoice register

- posted payment register

= AP trail balance ( last of the current period)

2. AP To GL Reconcilation

Here we need to check the

Account ANALYSIS REPORT in GL(total of the AP Liability accounts in GL)

AP trail balance ( last of the current period).

Accounting Methods?

5 Answers  

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A check issued to supplier has become time-barred and supplier returns it requesting for a new check. Can the existing check be voided and a new check be issued simultaneously?

3 Answers   TCS,

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What is journal entry flow ?

1 Answers   HCL, Oracle,

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Can any one explaine about implementation methods in oracle apps ? about Vannila and Bigbag implemantations ?

2 Answers   HCL, Infosys,

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Explain payment process profile?

2 Answers   Deloitte,

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What is pay date basis?

2 Answers  

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In FA module..Once we added assets...we dont want depreciation few of assets.but other assets we will run dep monthly.So how we can stop dep for few assets.

2 Answers   4i Apps,

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Can you hold the partial payment if yes then how?

3 Answers   Fidelity, HCL, IBM, TCS,

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Can any one please tell me when and how the a/cing entries will be generated from various modules when the transactions are generated Please help me in this matter Thanks KNRao

1 Answers  

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What is the use and benefit of Multi-Org.

6 Answers   Aurobindo,

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It is mandatory to difine Approval Suppliers ?

3 Answers   FIC,

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While doing implementation,Client wants two use 2 Accounting methods for both Sandard Accrual method and Sandard Cash Method.So how we need to map or how need to provide solution.

1 Answers   Oracle,

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