ERPstuff - Oracle EBS Community

Hi Gurus,


Please send me journal entries for Procure to Pay flow, I have seen some entries but still i am bit confuse on those entries. I need a entries as follow

1.Expense Item /Asset Item / Inventory Item with encumbrance Accrual, Journal entries for (Accrue at Receipt )


2.Expense Item /Asset Item / Inventory Item with encumbrance Accrual, Journal entries for (Accrue at Period End )


3.Expense Item /Asset Item / Inventory Item with Standard Accrual, Journal entries for (Accrue at Receipt )


4.Expense Item /Asset Item / Inventory Item with Standard Accrual, Journal entries for (Accrue at Period End )



Please send me clearly entries , i have seen many posts relavat to this but those r not clear.

Hi Anjan,

Accrue at period end is applicable only to the expense items. If accrue at period end is set to 'Yes', then there will not be any accounting entries in the receipt. The expense account defined in the PO will get debited in the invoice (if matching is done).

You may first go through the document link given by the admin.

Cheers,
Saravanan

Hi Admin/Saravanan,


Thanks for your reply.


where as if we use encumbrance there should be journal entry for PO , those entries are not availabe in the given document. also those entries are differ for asset item as well. That is why i clearly mention what i am expecting.


Regards
Anjan123

Hi Admin,

thanks for your reply.

This Topic is given only for Expense Item and not for Inventory and Asset Item, where as it is not clear whther accrue at receipt or accrue at period end.


Regards
Anjan