Purchasing Rports and what is the use of them

[oracleapps1983]

What is Purpose of

Accrual Reconciliation Rebuild
Accrual Reconciliation Report

[AmanKhan]

Use the <b>Accrual Rebuild Reconciliation Report</b> to analyze the balance of the Accounts Payable (A/P) accrual accounts. You can accrue both expense and inventory purchases as you receive them. When this happens, you temporarily record an accounts payable liability to your Expense or Inventory A/P accrual accounts. When Payables creates the accounting for the matched and validated invoice, Payables clears the A/P accrual accounts and records the liability from the supplier site. Run this report at period end.

The <b>Accrual Reconciliation Report</b> can be used to analyze the balance of the Accounts Payable (A/P) accrual accounts. You can accrue both expense and inventory purchases as you receive them. When this happens, you temporarily record an accounts payable liability to your Expense or Inventory A/P accrual accounts. When Payables matches and approves the invoice, Payables clears the A/P accrual accounts and records the liability from the supplier site.