Oracle Applications: What is AutoAccounting?

Posted by Jiltin     Tags: 21 June, 2009    1,379 views    (2) Comment

AutoAccounting is the process that Oracle Receivables uses to assign default values for the key General Ledger accounts for Accounts Receivable activity. The accounts that use AutoAccounting include: - Accounts Receivable - Revenue - Tax - Freight - Unearned Revenue (for deferred revenue recognition) - Unbilled Receivables (for deferred receivables recognition) - AutoInvoice Clearing (used for items created through AutoInvoice where the quantity * the unit price does not equal the Extended Read Full Article (Click here)...

Categories : Oracle Applications, Receivables Tags :