Answer / oracle lagoon

can company add martial in stock ?
Ans: YES

what is the entry in stoke
Ans:
Inventory Receiving DR
Inventory AP Accrual CR

what is the liability to
supplier in oracle apps
Ans: Its the cost of the goods. They can be adjusted in the
adjustment period.

Answer / biduth chakraborty

In addition to above with the Stock updation the additional
entry in Inventory is generated
Material A/C Debit
Receiving Inventory A/c Credit

The Liability would the about Amount of Good Received. Same
would be Accrued once the Goods are received generating
entry Inventory Receivingl A/c debit and Inventory Accrual
A/c Credit. Once the Invoice is Received and matched in AP,
the Entry generated would be Inventory Accrual A/c Debit
and AP Liability A/c Credit.

Tell me steps for Period closing Process in AP?

1 Answers  

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Assigning natural account to accounting seg. What will happen

2 Answers   Meru Cabs,

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what is the difference between conversion,customization,inbound and outbound programs ?

2 Answers  

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what is difference between realized and unrealised gain or loss?

1 Answers   Ernst Young,

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What is Interest Invoice and how it can be created?

1 Answers  

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During create additions programme,waht is validations checks performed by system?

1 Answers   Tech Mahindra,

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5 major Differences between Translation and Revaluation

1 Answers  

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what is budgeting and steps required to configure this

6 Answers   Meru Cabs, Satyam,

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Why shud we run Expense report import programme in AP..where are we importing from??

1 Answers  

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Can any one tell me Client Interaction?

1 Answers  

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Why does an accounting period doesnot appear in the accounting periods list of values on the journal entry form?

2 Answers  

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Explain the set up used for Automatic or Manual Supplier Numbering.

4 Answers   HCL, IBM, TCS,

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