Expense items - Procure to Pay

[kommineni7]

Hi Guru,

Can some body tell me the accouting entires (accru at receipt/period end) for expense items in procure to pay cycle. Pleae tell me from where those accounts are picked up?

Thanks,
Venkatesh

[hiszaki]

Hi Venkatesh

When you use an expense item, the account entires become:
Dr. Expense
Cr. Payable accrual

this account will be in PO module & when you make an AP invoice, the account become:
Dr. Payable accrual
Cr. Supplier


Thanks
Hisham