what are the accounting entries which get effected in order
to cash cycle
Answer Posted / bhargav athuluri
When you ship the goods
Cost of goods sold A/C Dr
TO Inventory A/C
When you run the auto invoice program
Receivables A/C Dr
To Revenue A/C
When you receive cash
Cash A/C Dr
TO Cash clearing A/C
Is This Answer Correct ? | 8 Yes | 4 No |
Post New Answer View All Answers
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
On what different real time issues you worked while doing P2P cycle implementation?
what is the use of hr: security profile, while configure multiorg?
What is Reporting of financial data in a project.
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.??
Difference between header level tax calculation and line level tax calculation
what is the steps to customization ?
What are the inventory report to check inventory status.
What are the types of setups in apps inventory module
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
What is the use of gl set of books name, while configure multiorg?
What is meaning of deprecation?
Give examples & explain the below mentioned activity. "Analyzing the documents provided by the client and thereby identifying the test cases to be tested for the application assigned (FA, AP and GL)"
What is Work Flow of AP,AR, Sales & Purchase
What kind of necessary ap information you gather from the client?