Oracle Purchasing - P2P Accounting Entries

 A Simple Flow P2P Accounting Entry is Shown Below.



Sl No
Stage
Debit A/c
Credit A/C




1
At PO Generation
Nil
Nil




2
At Receiving



Receiving Inventory A/c
100


Inv AP Accrual A/C

100




3
At Inspection
Nil
Nil




4
During Delivery to Stores



Material A/c
100


Receiving Inventory A/c

100




5
At Invoice Generation



Inv AP Accrual A/C
100


Liability A/c

100




6
During Payment



Liability A/c
100


Bank A/c

100