Clerk Accounts Payable Question: Download Accounts Payable Clerk PDF

Suppose we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now. How it possible?
What about VAT like Tax Setups in AP and AR?
What about the SWEEP command in AP?

Answer:

First there shouldn’t be assumptions in transactions. If you received 25 of worth in exchange of 50 advances you can close it for a temp. The transaction entry would be…

Supplier A/c Debit 25

Received Goods A/c Debit 25

Cash paid A/c Credit 50

Download Accounts Payable Clerk PDF Read All 129 Accounts Payable Clerk Questions

Previous Question	Next Question
Tell me what procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?	Explain me how many invoices on average do you handle on a daily/weekly/monthly basis? What are the steps you take before you approve an invoice for payment?

Clerk Accounts Payable Question: Download Accounts Payable Clerk PDF

Suppose we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now. How it possible? What about VAT like Tax Setups in AP and AR? What about the SWEEP command in AP?

Answer:

Suppose we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now. How it possible?
What about VAT like Tax Setups in AP and AR?
What about the SWEEP command in AP?