Answer Posted / raghu

1. Creation of Requisition – No Accounting entries will come
2. Creation of Purchase Order – No Accounting entries will come
3. Receiving item

Receiving inventory a/c Dr
To Inventory AP Accrual a/c

4. Move the items from receiving point to sub inventory

Inventory a/c Dr
To Receiving Inventory a/c

5. Prepare purchase invoice

AP Accrual a/c Dr
To Liability a/c

6. At the time of payment – if reconciliation is there

Liability Account Dr
To Cash Clearing account

7. At the time of reconciliation

Cash Clearing Account Dr
To Cash Account

I am traying to access oracle functiona/ technical interview questions asked by the consultancy "infosys", but i cant find anything when i go the to the links, i need the oracle erp techno functiona questions pls, Thanks, in advance Tovia

2535

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.??

3553

what r issues faced in gl

2871