Help on accounts, finance, Tax

Invoice Adjustment: Objective : any minor balance remaining in an invoice due to exchange or unpaid, if need to be writted of can be done with Invoice adjustment. Process: Set the system options in receivable for amount to be written off . Put like -100 to 100 Create a receivable activity : setup > Receipts> Receivable activity> Invoice Adjustment. Keep the approval limit set from setup > adjustment> approval limit Query the invoice in workbench > Action > Adjust> enter the adjstment activity created and save. Receipt Adjustment Objective : Any minor balance remaining on receipts which is given in excess or unpaid to be written off. Process : Set the system options in receivable for amount to be written off . Put like -100 to 100 Create a receivable activity : setup > Receipts> Receivable activity> Invoice Adjustment. Keep the approval limit set from setup > adjustment> approval limit Query the ...

Sweep Program in Oracle Payables Sweep Transaction to next period and pass a manual entry in the current period. Sweeping transaction can be done as per following steps v   Ensure that all activities are done and reconciliation is over v   Review and resolve the following reports Ø   Invoice on Hold Report Ø   Journal Entry Report Ø   Unaccounted Transaction Report Ø   Reconcile payments v   Submit Unaccounted Transactions Sweep Program as follows: v   In control Payables period window if you will try to close Dec-13 Period, the system will enable exception button in the same window v   Choose the exception button and you will see two options as Review and Sweep v   Choose Sweep button. Payable opens sweep to period window. You enter next open period or take as default. v   Select the submit button to submit unaccounted transactions sweep program. System will genera...

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