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What are the Accounting Entries in P2P.in Oracle Financial
terminology ?

Answer Posted / arvind n

At the time of receipt-Receiving inventory a/c dr
To Inventory AP Acurral a/c

At the time of invoice - Inventory AP Accural a/c dr
To Liability a/c

At the time of payment - Liability a/c dr
To Cash or Bank

Is This Answer Correct ?    9 Yes 9 No



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