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...

Why are expenses items typically accrued at period end, and why
are inventory items always accrued on receipt?

Answer Posted / raghuka

As per Matching Concept all costs which are applicable to
the revenue of the period should be charged against that
revenue in order to determine net income of the business.

Inventory items are always accrued at receipt bcos you
cannot book liability without receiving the asset.

Is This Answer Correct ?    5 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you mean by Category Set ? and what is its Relevance ?

2406


SLA usage ans how to define setups?

2688


What is difference between primary and secondary ledger

1111


What is the db number of a particular customer TCA?

1332


how service tax work.

2375


I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.

1952


What is meaning of deprecation?

1112


Write Test Scripts for a telecummunication project on the basis of priority with some examples with regard to AP,GL,FA.

2265


difference between 11i&r12

1864


what is the steps to customization ?

2366


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

2235


what is the meaning of purchase default and what are the types

2209


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

2683


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

1132


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

1769