Answer Posted / prasad chowdary

In P2P, JVs will get created @ Receipt entry level.

1) when received material/MRN is generated:

Receiving A/c Dr
To AP Accrual A/c

2) When material issued to Inventory:

Charge A/c Dr
To Receiving A/c

3) When Invoice is entered:

AP Accrual A/c Dr
Tax A/c Dr (If any)
To Liability A/c

4) When Making Payment:

Liability A/c Dr
To Cash Clearing A/c

5) When Receonciling Payment:

Cash Clearing A/c Dr
To Cash A/c

Tnx
Prasad

I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.

1970

---

While assigning the security by book in oracle assets..i am unable ot get the asset org in security profile form.This asset org was already defined in org description window.

2858

---

What is automation of accounts payable activities (evaluated receipt settlement)?

1252

---

how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl

2457

---

What is Work Flow of AP,AR, Sales & Purchase

2489

---

What are register in India localisation?

2014

---

1.what is the name of program to create invoice automatic from po.? 2.How to auto upload the bank statement? 3.PO tax has not flown to invoice . why? Debit memo not generated for return of goods.??

3465

---

difference between 11i&r12

1896

---

Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?

2120

---

Re: what are the Issue that we face in Gl,PO and AP while Supporting

2260

---

What is gap analysis, what are the pre-requisities?

1246

---

can we define 2 different currency revaluation at a time??

2339

---

What kind of budgets have you worked on?

2370

---

HI, once we create the standard invoice then we can get journal entry item expense a/c-dr to liability a.c then item it will reflect through inventory, but liability a/c . it will reflect from GL , it is possible .

1964

---

What do you mean by Category Set ? and what is its Relevance ?

2427

---