account entries

what are all the account entries in a normal P2P and O2C cycle


PO Raised – No Accounting entries (except encumbrances – if enabled)
Receipt of material –
Receiving A/c Dr (900 + 100)
Invoice AP Accrual A/c Cr (900 + 100)
Delivery to stores –
Material Account Dr (900 + 100)
Receiving A/c Cr (900 + 100)
AP Invoice –
Invoice AP Accrual A/c Dr (900 + 100)
AP Liability A/c Cr 1000
Pay Invoice –
AP Liability Dr 1000
Cash Clearing A/c Cr 1000
Reconcile Payment thru Cash Mgmt –
Cash Clearing A/c Dr 1000
Cash / Bank A/c Cr 1000
Sales Order raised – No Accounting entries
Sales Order shipped –
Material A/c Cr
AR Invoice raised –
AR A/c Dr
Revenue Cr
Tax A/c Cr
Customer Payments –
Remittance A/c Dr
AR A/c Cr
Receipt cleared through cash mgmt –
Cash / Bank Dr
Remittance A/c Cr

Oracle Applications Fusion Cloud - Inventory

Oracle Cloud/Fusion Procurement training will help you develop the fundamental skills required to set up and use the Procurement module. This training covers all the tasks, setups, forms and reports used in Procurement and related modules