When a liability to supplier create in oracle apps

Answer Posted / tangudu arun kumar

The Liability to the supplier arises at the time of
Receiving since Invoice is not received we book the
liablity as ' APInventory Accrual Account'.Once the Invoice
is create then the Original liability may arise.

Is This Answer Correct ?    1 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

difference between tds and income tax (India)

1370


difference between 11i&r12

1451


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

1999


encumbrence set ups?

2077


Hi I'm new in ERP - Oracle Application i appriciate if any one help me in this issue i need SQL to get badeget balance Acutal Balance Encumbrance Balance fund Avalable thanx ahmed

1614






On what different real time issues you worked while doing P2P cycle implementation?

1002


We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?

1563


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

1949


What is the Invoicing System in Oracle R12

939


What do you mean by controlling buyers workload?

8917


I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.

1625


What are the types of setups in apps inventory module

1904


Can Adjustments be imported?

1709


Explain about Localization (IND & US ) in Oracle Apps ?

2701


What is the procedure for requition import?

1886