What will accrue in Payables?

Answer Posted / prasad

Accrue in Payables means When any Goods/Services enter in the Organisation, Its becomes a liability to pay to the vendor. Therefore The payment for the same called is accrual which is payable in near future.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the meaning holding tax?

651


how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl

2000


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

1987


what r issues faced in gl

2265


How to refund for a customer who returns goods and wants a refund for $600 in R12 In above scenarios customer does not want Credit Memo or On- Account Credit, he wants refund check . and as we know we do not issue check from AR. How can we issue Check from AP and how offsetting is done for the same in R12

6540






what is the difference between before pages trigger and after parameter trigger in reports ?

1943


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.

1611


Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.

1775


What is the use of operating unit, while configure multiorg?

675


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

1608


What is meant RD020

468


In Subinventories Form, how to enable the Locator Control. A message displayed when changing the drop down list "FRM-40200: Field is protected against update.

2397


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

1996


can any one tell me what exactly functional consultant do on daily basis? client requirements?

515


encumbrence set ups?

2065