Accounting Difference When "Accrue at Receipt" is Checked and Unchecked at PO Level

 

When "Accrue At Receipt" is Checked.

When "Accrue At Receipt" is Not Checked.

P2P Accounting with GST - Recoverable Expense Item (Tax Point Base - Invoice)

 

P2P Accounting with GST - Non Recoverable Expense Item (Tax Point Base - Delivery)

 

P2P Accounting with GST - Recoverable Expense Item (Tax Point Base - Delivery)

 

Recoverable Checkbox not Ticked at PO or Receipt Level ??

For Recoverable Checkbox to be enabled at PO and Receipt Level, we need to ensure all the below pre-requisites to be done from setup level point of view.

1. First Party Should be registered in 'First Party Registration' form for the Inventory Organization for which Ship To & Bill To is selected at Purchase Order Level.

2. Third Party of Supplier should be registered in 'Third Party Registration' form.

3. Classification of Item should be done.

4. 'Recoverable' Check Box should be enabled at Tax Type Form Level.

5. 'Recovery Rate' should be 100% at Tax Rate Level.

6. 'Claim Terms' Should be defined for the Tax Type and Inventory Organization with Location.

P2P Accounting with GST - Recoverable Inventory Item (Tax Point Base - Invoice)

 

P2P Accounting with GST - Non Recoverable Inventory Item (Tax Point Base - Delivery)

 

P2P Accounting with GST - Recoverable Inventory Item (Tax Point Base - Delivery)

 

BACK TO BACK PROCESS (OM)

BACK TO BACK PROCESS (ASSEMBLE TO ORDER)

Process: Back to Back is a process in which we assemble the product to sell it to our end customer. In Oracle EBS, we use a particular attribute (Assemble to Order) to do the process.

Steps to follow:

• ATO Item creation
• Sales Order Creation
• Requisition Import
• Auto-Create PO
• PO Receipt
• AP Invoice Creation (From PO)
• Ship Confirm of Sales Order
• Auto-Invoice Import (From OM to AR)