Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What's the accounting entry when an Invoice is created in
AP?

Answer Posted / mahi

Through Matching with Purchase Order:

AP Accrual A/c Dr
To Liability A/c

Without Purchase order or Manually:

Charge A/c Dr
To Liability A/c

Is This Answer Correct ?    25 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I am working on PPR process to print checks. Currently the checks are printing for each supplier, supplier site and payment method group. My requirement is the invoice level one DFF is available (like A and B are the input values). Please let me know how include this DFF at invoice grouping level.

1668


can we define 2 different currency revaluation at a time??

2392


Payables Applications Technical Reference Manual

2553


What is gap analysis, how do you defined. What are the pre-requisities?

1139


What is the meaning holding tax?

1152


SLA usage ans how to define setups?

2762


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

2449


What kind of necessary ap information you gather from the client?

1136


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

1027


how service tax work.

2453


When we run a GL Reconciliation Report, we also see the void payments in that report. Even though i disable the option of Show Void payments, its appearing in the report.How do i proceed so that i dont see those void payments in the GL Reconciliation Report?

2969


How to do the analysis of discounts lost and fixing the root cause?

1230


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.

3208


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

2619


We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie

2766