Provision For Acquisition Cost (Doc ID 2911492.1)

Last updated on NOVEMBER 29, 2022

Applies to:

Oracle Insurance Accounting Analyzer - Version 8.0.6 and later
Information in this document applies to any platform.

1. Booking Provision for Acquisition Cost

Cash Flows Relating to Insurance Acquisition A/c --- Dr To, Payables from Insurance Acquisition A/c

2. Payment of insurance acquisition Payables from Insurance Acquisition A/c---- Dr To, Cash

3. Amortisation of insurance acquisition Insurance Acquisition Expenses A/c --- Dr To, Cash Flows Relating to Insurance Acquisition A/c

How the above entries are getting passed in IAA?

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In this Document

Symptoms

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