Automatic off set account in Payables

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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shivasml
Posts: 10
Joined: Wed Feb 10, 2010 7:44 am
Location: India

Automatic off set account in Payables

Post by shivasml »

Hi Friends,

Can any one explain what is automatic offset ? why it is used ?
Please dont say to login to oracle and go thru the document, coz
we dont have access for that.

Please explain here it self in brief....

Thnaks in advance.

Regards,
shiv
tgs100
Posts: 624
Joined: Tue Jun 13, 2006 3:42 am
Location: USA
Contact:

Post by tgs100 »

If you enter multiple balancing segment values in the distribution lines (multiple account combinations) and if you use automatic offset feature, system will automatically create multiple liability accounts based on the distribution lines.

You don't need to have oracle login to go get the documents.

You can get the documents here.http://www.oracle.com/technology/docume ... tions.html

I googled it and found the following links...

http://cnubandi.blogspot.com/2007/06/us ... od-in.html
http://forums.oracle.com/forums/thread. ... dID=691357

Cheers,
Saravanan
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