Videos

Hello, just wanted to...

Hello, just wanted to ask if we needed to load Open AR and Open AP to Oracle R12 if we're from Manual Accounting System? and at the same time create journal entry for Balance Sheet account as my beginning balance... what if Open Ar and Open AP plus balance sheet account AR /AP in GL accummulate if I posted both batches? -aap_superbusy

Hello, just wanted to ask if

Hello, just wanted to ask if we needed to load Open AR and Open AP to Oracle R12 if we're from Manual Accounting System?

You shoule load all the open transactions if you want to make payments / receipt records in R12


and at the same time create journal entry for Balance Sheet account as my beginning balance...
Thats correct. You need to enter all your Assets/Liabilities and Equity amount

what if Open Ar and Open AP plus balance sheet account AR /AP in GL accummulate if I posted both batches? -aap_superbusy
  what z the qs??????????

The basic guidelines are BS

The basic guidelines are BS accounts should be transferred to oracle as it is. All the accounts till the last period should be transferred w/o any adjustment because of audit. All the open invoices should be transferred in such a manner that there should not be any duplicate journals in the GL