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AUTO Accounting

Discussion in 'Oracle Financials' started by baseer, Jul 1, 2015.

  1. baseer

    baseer Active Member

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    How Auto Accounting is done in Accounts Receivable in real scenario in functional perspective?
     
  2. waleed_Taha

    waleed_Taha Active Member

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    Hello,
    Go to this path
    Set Up->Transactions-> AutoAccounting

    1) specify how you want Receivables to determine the general ledger accounts for transactions that you enter manually or import using AutoInvoice.
    2) When you enter transactions in Receivables, you can override the default general ledger accounts that AutoAccounting creates.
    3) You can control the value that AutoAccounting assigns to each segment of your Accounting Flexfield, such as Company, Division, or Account.

    Note: You must define AutoAccounting before you can enter transactions in Receivables.
     
    byharris5@comcast.net likes this.