Defining Purchase Order Receipt Accruals
You can create balanced offsets for receipt accrual accounts in Oracle Purchasing by customizing the default configuration of the Account Generator to overlay the balancing segment of the AP Accrual Account with the balancing segment of the charge account so that your transactions always balance by balancing segment.
Prerequisites
To build Purchase Order Receipt Accrual Accounts:
1. Use the same Chart of Accounts you used to build the purchase order charge accounts by balancing segment, substituting the receipt accrual liability account for the expense account.
The Account Generator function is called from the Purchase Orders window to automatically create the receipt accrual liability accounts by balancing segment on each purchase order distribution.
Attention: Use the same balancing segment for the charge account and the receipt accrual account so the receipt transactions will balance by balancing segment.
See Also
Automatic Offsets in Oracle Purchasing
Defining Purchase Order Receipt Accruals
Defining Transaction Reasons
Accrual Reconciliation Report
Accrual Write Off Report
Overview of Receipt Accounting
Establish your Chart of Accounts. See: Defining Your Chart of Accounts