Answer / haresh

The liability account is primarily picked from the supplier
site. If no liability account is defined at the supplier
site then the system shall search for the same in the
supplier header. If the liability account is not found in
the supplier header also, then the system shall pick the
same from the financial options. However, this can be
overridden at the invoice header.
(Note - In the inovice header, this field is hidden.)
Hence, the liability account is picked in the following
order -
Invoice Header > Supplier Site > Supplier Header >
Financial Options

Answer / arun raj

Payables > Setup > Options > Financials
You can define the Liability Account here.

Answer / arun raj

Payment Process
1. Select Invoices
2. Build Payment
3. Format Payment
4. Confirm Payment

These are the four steps in Payment Processing

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

2 Answers   HCL, Infosys,

---

Can any one tell What is implementation in oracle Applications

2 Answers   Wipro,

---

Accounting Methods?

5 Answers  

---

What is the use of Additinal paythrough days n AP?

1 Answers  

---

what is recoverable cost, NBV, salvage value?

1 Answers  

---

How many reporting Set of Books can be attached to one primary Set of Books

8 Answers   HCL,

---

What are the various Journal Entries generated through fixed assets

2 Answers  

---

What is Payment Process Profile? and What is use of Payment process profile

3 Answers   TCS,

---

Hi all, what are the mandatory sql/plsql commands functional consultant need to know, let me know please.....

1 Answers  

---

you have create a purchase order, it is approved also. now you want to change in the purchase order, hoe can you do that?

2 Answers   Conacent,

---

Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?

0 Answers   HCL, Satyam, TCS,

---

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.

3 Answers   Oracle,

---