dual method cash and accrual

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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ooaam
Posts: 41
Joined: Thu Apr 12, 2007 4:16 am
Location: Eritria

dual method cash and accrual

Post by ooaam »

hi all

can i do in ap accrual base and cash base at same time not reporting i mean some time transaction accrual base and sometimes cash base
AmanKhan
Posts: 387
Joined: Wed Sep 26, 2007 2:51 am
Location: Pakistan

Post by AmanKhan »

Hi,

You cannot adopt 2 accounting methods at the same time..

You simply adopt accrual basis accounting method and then u can record all kind of transactions whether accrual or cash. Read some text on accounting methods concept then your query will be solved.

Thanks,
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