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Re:Organisations using Payable and Receivable (1 viewing) (1) Guest
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TOPIC: Re:Organisations using Payable and Receivable
#19
gavrobere (User)
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Organisations using Payable and Receivable 14 Years, 4 Months ago  
We owe $2,000 to my supplier and my supplier also owes us $1,500. Apart from using Payables to make payments from our bank account and then use Receivables to acknowledge receipt into our bank account, is there any shortcut or Functionality for this CONTRA Transaction in Oracle Applications? Please, let me know. Thanks
 
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#20
handsonerp (Admin)
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Re:Organisations using Payable and Receivable 14 Years, 4 Months ago  
Oracle R12 offers a new feature called AP AR Netting.

The net invoice/transaction is automatically created either in AP or in AR, for the trading partner with whom you have both kinds of relationships: selling and purchasing.

This functionality leverages TCA architecture.

Hasan
 
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Last Edit: 2009/12/09 05:10 By handsonerp.
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