When goods purchase, what is journal entries by Inventory Module, AP Module & Cash Management in Oracle software?

Question

Mohammed Mizanur Rahman Miah · Answer

Gate receiving A/C -----Dr.

To, AP Accrual A/c --------Cr.

Items Materials A/c ------------------ Dr.

To,Gate receiving A/c ------Cr.

AP Module :

For payable (Invoice)-

AP Accrual A/c --------Dr.

To, Supplier Liabilities A/c-----Cr.

For Payable (Payment)

Supplier Liabilities A/c-----Dr.

To, Cash/Bank Clearing A/c--------Cr.

Cash Management :

Cash/ Bank Clearing A/c ---------Dr.

To, Cash/Bank A/c-----------------------Cr.

georgei assi · Answer

I completely agree with the answer, Mr. Muhammad Mizanur