Dear Members
The follow are the Steps for Petty Cash. can any tell me the navigation for these
<b>Prerequisites</b>
? Set up a general ledger account for petty cash.
? Set up an accounts receivable clearing account.
<b>To set up a petty cash fund:</b>
1. Set up administrative and control procedures:
2. Set up supplier records:
Regards
Oracleapps1983
R12: Petty Cash Feature
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Hello,
To maintain a petty cash book, in Oracle you need to creat supplier ledger called " PETTY CASH" and assign cash account for this ledger.
If you have multiple OU, assing respective OU code combimnation to have the OU wise ledger control.
Cash withdraw - Negative entry
Cash Expenses - Pasitive enty
Or one more way is, create OU wise GL code combination, and upload all transaction on daily basis or weekly basis or montly basis using data loader / Web ADI. If you have cash advance practice in your company then better follow the first method. Becoz supplier / employer wise you can have the advance details anytime.
Thanks Subramaniam
[quote]Dear Members
The follow are the Steps for Petty Cash. can any tell me the navigation for these
<b>Prerequisites</b>
? Set up a general ledger account for petty cash.
? Set up an accounts receivable clearing account.
<b>To set up a petty cash fund:</b>
1. Set up administrative and control procedures:
2. Set up supplier records:
Regards
Oracleapps1983
<i><div align="right">Originally posted by oracleapps1983
To maintain a petty cash book, in Oracle you need to creat supplier ledger called " PETTY CASH" and assign cash account for this ledger.
If you have multiple OU, assing respective OU code combimnation to have the OU wise ledger control.
Cash withdraw - Negative entry
Cash Expenses - Pasitive enty
Or one more way is, create OU wise GL code combination, and upload all transaction on daily basis or weekly basis or montly basis using data loader / Web ADI. If you have cash advance practice in your company then better follow the first method. Becoz supplier / employer wise you can have the advance details anytime.
Thanks Subramaniam
[quote]Dear Members
The follow are the Steps for Petty Cash. can any tell me the navigation for these
<b>Prerequisites</b>
? Set up a general ledger account for petty cash.
? Set up an accounts receivable clearing account.
<b>To set up a petty cash fund:</b>
1. Set up administrative and control procedures:
2. Set up supplier records:
Regards
Oracleapps1983
<i><div align="right">Originally posted by oracleapps1983
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