Supplier send Material to company as on year end I.e. 31
st march.
Company recd the material at store . but invoice not came
with material as on 31 st march
can company add martial in stock ?
what is the entry in stoke and what is the liability to
supplier in oracle apps
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Answer Posted / 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.
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