ERPstuff - Oracle EBS Community

Hi,

What can be different business requirements under which one will go for Balancing or Account offset method?

Also, how is automatic offset linked with intercompany?

Elaborate explanation will be apreciated.

Regards,
Dnyanesh

Hai

In Payables Whenever we record an invoice by default liability

account is defaulted from Supplier site level. If distributions are done for

multiple balancing segments then liability account has to charged

separately between all the balancing segments. Henceforth we set the

automatic balancing offset method. For cost center distributions we set

automatic account offset method. this is done for invoice level.

Regarding Payments enable Pooled account inorder distribute funds

between cost centers and balancing segments

Reference:

www.oracle.anilpassi.com (financial articles)

rajasekhar.

Thanks Rajashekar!