When does the Invoice price variance arise? What is the
accounting entry?
- 1 Answers
- 6418 Views
- I also Faced
- E-Mail Answers
Answer Posted / raghesh
Price of a PO different from in Invoice because of exchange rate is termed as invoice price variance
AP accrual A/C --------------- Dr 100
Invoice price variance a/c----- Dr 10
TO,
Liability A/C -----------------Cr 110
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
There is employee X and employee Y (who is supervisor of X); when Y submits expenses how will the system ensures that this should not go to X even if he has the approval authority.
please explain with examples the below mentioned "Creating the end to end business scenarios and executing the scenarios to perform the regression testing".
How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?
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.
what r issues faced in gl
What kind of budgets have you worked on?
Anyone provide the oracle fin/scm definetions
how to do customization while doing oracle implementation. what is the role of functional consultant in customization?
What is Reporting of financial data in a project.
What is the use of mo: security profile, while configure multiorg?
What kind of necessary ap information you gather from the client?
Substitute receipts and Unordered Receipts
Define the activities of the Configuration Manager (AP,GL,FA) in the team. Give examples
What is the db number of a particular customer TCA?
explain with examples what r the roles & Responsiblities of a functional consultant who reviews the Test Scripts, Test Cases and Test Execution Results of AP, FA and GL.
