what will be happend if invoice match with po?

Question Posted / ramakrishna111333

3 Answers
12052 Views
KPMG, Oracle, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

what will be happend if invoice match with po?..

Answer / srinibas

Before matching the status of the po is unbilled or accrued.
When the po matched to the po status is chanhed to billed
and the balance in the accrued payable a/c transferred to
accounts payable account.
after matching with po u can validate the invoice and pay
them.then u can finally close the po so that it will not
appear in the list of value again

thanks
srinibas
oracle_sri08@rediffmail.com

Is This Answer Correct ?

15 Yes

4 No

what will be happend if invoice match with po?..

Answer / eshwar

system will come into a conlusion that inove is valid

Is This Answer Correct ?

5 Yes

5 No

what will be happend if invoice match with po?..

Answer / munna

if the invoice is match with po then next done the delivery against do the payment after that pass the journal in gl

Is This Answer Correct ?

0 Yes

0 No

Post New Answer

More Oracle Apps Financial Interview Questions

Hi, Friends i am Commerce Graduate (B.Com). I have completed my graduation in the year 2006. I have 3+ years of experience in Accouns. When i was in B.com 2nd year, since then i have been working as an Accountant. Apart from that i learnt Oracle Applications Finance from a Certified Partner of Oracle, but the thing is i dont have Oracle real time experince, and i want experience in oracle as Functional Consultant. Can i get job in oracle or i have to Procced in Accounts/Finance Field . Please advice me

1 Answers

What is receipt class & receipt source pls let me know

2 Answers Accenture,

what r the errors we will get while oracle financial implementation in accounts payable and please how u have solved those errors

1 Answers

Define suspense account in Oracle apps and why is it mandatory?

4 Answers Oracle,

What is Auto Accounting in Receivables?

2 Answers KPIT,

explain your project plan with exam pal? i am preparing inter view .............

0 Answers Wipro,

What are the components of Set of Books?

1 Answers Logica CMG,

what is receipt source and receipt class

2 Answers Omex,

can asset be retired in same month of creation?

3 Answers

What is the basic setup of payable?

1 Answers Deloitte,

Client's requirement is that first invoice would be a proforma invoice. Second invoice would be Tax invoice. Presently, we are unable to use this approach of payment?

1 Answers

What is dynamic insertion ? How to turn off the dynamic insertion ?

8 Answers Oracle,

For more Oracle Apps Financial Interview Questions Click Here