What are the Distribution Type while entering the Invoice?
Answers were Sorted based on User's Feedback
Answer / sudha
Distribution set contains the information about the expense
heads and the ratio in which each of the expense head
should be debited.
2 types-
1. Full - Expense accounts & Ratios
2. Skeleton - Only Expense accounts
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / mahesh .gudeti
Distribution types:
It is used to Allocate the invoice amount accross the lines based on the percentage is called as a distributin set.
there are two types:
1. Full distribution set
2. Skeliton distribution set
1. Full distribution set: here we know the amount,account
and percentage.
percentage should be 100%.
for example : room rent
2. Skeliton distribution set: here we know the account
but we donot know the amount and percentage
here percentage is 0%
for example : eletricity bill.
Note : finally depends on situation we have to use above destribution sets.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / mallikharjuna reddy nossam
Distribution set is to automatically distribute invoice amount into the different gl account code combination.
we have 2 full distribution sets such as
1.full distribution set
2.skelton distribution set
1.full distribution : means we know the exact percentage and we know the exact account code combination
2.skelton distribution: where as in skelton distribution we dont the percentage but we know the exact account code combination. but percentage should not be entered here.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is the Reconciliation Open Interface used for in Cash Management?
What is Difference between Auto Copy Journal and recurring journal?
For which Business scenerio is the Multi Org setup Required ?
What is the difference between Rollup Groups and Summary Accounts? What is the use of those?
im interested making my careein oracle financials platform. my bkgund is btech cse,MBA in mkt,hr.having 3+experience.in hr work. pls suggest me .wht can i do
Hi, I actually finished my oracle financials R12 course recently and am planning to attend an interview next week...so can any one help me with some of the important interview questions? I am actually keeping 2 yrs fake exp....
what is the meaning of api ?what is the use of it ?
Why shud we run Expense report import programme in AP..where are we importing from??
tell me the ap period end process
how to do bank reconciliation
At the receive system creates accounting entries. Are those entries created in Purchasing or Inventory module. What is the program that you run to transfer accounting entries from purchasing to GL?
How do you adjust receivables?