Answer Posted / r dhamu

System will not generate Entries for Requisition, Quotation and Purchase Order.

When we receive the Goods &Receipt

Inventory Receiving A/C Dr
Inventory AP Accural A/C Cr

When Goods Move to Inventory

Inventory Material Value A/C Dr
Inventory Receiving A/C Cr


When we enter the Invoice in AP Module

If we match with PO

AP Accrual A/C Dr
Liability A/C Cr

If we do not match with PO

Charge or Item Expense A/C Dr
Liability A/C Cr

When we issue the Payment for entered Invoice

Liability A/C Dr
Cash Clearing A/C Cr


When Reconcile or Clear the Payment

Cash Clearing A/C Dr
Cash A/C Cr

How do u bridge the gaps in functional understanding of AP,GL,FA. explain with some live examples.

2619

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What are register in India localisation?

2058

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Define the activities of the Configuration Manager (AP,GL,FA) in the team. Give examples

2559

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What is the meaning holding tax?

1152

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what is the use of hr: security profile, while configure multiorg?

1135

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What kind of budgets have you worked on?

2424

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While assigning the security by book in oracle assets..i am unable ot get the asset org in security profile form.This asset org was already defined in org description window.

2901

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Explain Customization process?

1997

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1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?

3912

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Re: what are the Issue that we face in Gl,PO and AP while Supporting

2310

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How to Reconciliation AP to CM ? How to Reconciliation AR to CM ?

1903

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Can I do a payment of 50 bills on a post date. If yes, then how?

1855

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difference between primary ledger and secondary ledger in r12

1604

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Recurring Problem Posting i have Journals for sep 2018 that i approved but they are not available to post even though the period is open in Oracle R12 Issues

1839

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

2541

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