Receipt Accounting Basic Functionality
(Doc ID 2262518.1)
Last updated on AUGUST 07, 2024
Applies to:
Oracle Fusion Cost Management Cloud Service - Version 11.13.19.07.0 and laterOracle Fusion Receipt Accounting - Version 11.12.1.0.0 and later
Oracle Fusion Cost Management - Version 11.12.1.0.0 and later
Oracle Fusion Inventory Management Cloud Service - Version 11.13.19.07.0 and later
Oracle Fusion Purchasing Cloud Service - Version 11.13.19.07.0 and later
Information in this document applies to any platform.
Purpose
This document is intended to solve the confusion of “Receipt Accounting”.
There are two kinds of accruals:
1-Accrue At Receipt.
2-Accrue At Period end.
For all inventory items it'll be always Accrue At Receipt but for Expense you can choose between these two 'Accrue on receipt' or 'Accrue At Period End'.
Will explain about inventory items and about "Accrue on receipt".
Details
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In this Document
Purpose |
Details |