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Payments to Financing House In Oracle R12
Payments to Financing House In Oracle R12
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Payments to Financing House In Oracle R12
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12-11-2016, 08:34 PM,
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Payments to Financing House In Oracle R12
I have a case where I need to make payments to my supplier through a financing house. The financing house will make the actual transfer of payment to the supplier however I need to book them both in my ledger. The financing house is going to charge me an amount for this service payable monthly. Can someone help me in achieving this. The accounting entries should be as follows: Invoice to Supplier1 Debit Expenses 1000 Credit Supplier1 1000 Upon Payment Debit Supplier1 1000 Credit FinancingHouse 1000 Debit FinancingHouse 1000 Credit Bank 1000 Is this achievable in Oracle Payables R12? |
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12-12-2016, 08:17 PM,
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RE: Payments to Financing House In Oracle R12
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12-24-2019, 01:07 PM,
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RE: Payments to Financing House In Oracle R12
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