Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / latha ummalaneni
1. Complete All Transactions for the Period Being
Closed
2.Run the Payables Approval Process(Invoice Validation
Program in 11i) for All Invoices/Invoice Batches.
3.Review and Resolve Amounts to Post to the General Ledger.
4If there is any Hold on the Invoice it will not accounted.
So we need to remove all the holds on the invoices.
5.Review the Payables Accounting Entries Report
6.Review the Unaccounted Transactions Report
7.Confirm all Payment Batches
8.Reconcile Payments to Bank Statement Activity for the
Period
9.Transfer All Approved Invoices and Payments to the
General Ledger.
10.Review the Payables to General Ledger Posting process
After Completion.
11.Payables Accounting Process Report?(to review accouting
entries created by payable accounting process)
12.Submit the Unaccounted Transactions Sweep Program.
13.Close the accounting period by using the Control
Payables Periods window to set the Period Status to Closed.
| Is This Answer Correct ? | 14 Yes | 2 No |
Post New Answer View All Answers
how service tax work.
What is Difference between Auto Copy Journal and recurring journal?
can we define 2 different currency revaluation at a time??
What kind of budgets have you worked on?
What is automation of accounts payable activities (evaluated receipt settlement)?
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.
What is difference between primary and secondary ledger
What do you mean by controlling buyers workload?
I am created credit memo in at but while trying to complete it showing error message-hz_party_location
Write Test Scripts for a telecummunication project on the basis of priority with some examples with regard to AP,GL,FA.
What is the Process of Reconciliation Between AP to GL
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.??
What is gap analysis, what are the pre-requisities?
SLA usage ans how to define setups?
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.
