Accounting Methods are two types in oracle 11i 1. Accrual 2, cash

Accounting methods?

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Answer Posted / oracle.vision

Accounting Methods are two types in oracle 11i
1. Accrual
2, cash

In Accrual method we are recording the Transaction in two
times
one for invoice and one for Payment.

In cash method we are recording the transaction only
for payment.

Corrections will be appreciated.

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