Answer Posted / cnubandi
If you enter an invoice for expenses or asset purchases for
more than one balancing segment, you might want to use
automatic offset method to keep your payables transaction
accounting entries balanced.
If we enable balancing as a automatic offset, payable
builds the offset GL account by taking the balancing
segment value from the invoice distribution and overlaying
it on to the appropriate GL account, i.e liability account
from the supplier site.
If we enable account as automatic offset, it takes the
opposite approach with one segment being retained from the
default GL account and all other segments being retained
from the invoice distribution
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what r issues faced in gl
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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.??
