Accrue on Receipt Process
SummaryAccrue on Receipt Process
Hi - I have setup the receipt accruals to be at receipt.There are few questions related to Receipt accruals for which i couldn't get a clear response.
1. To access the receipt accounting , the user must have the cost accountant role assigned.Is this correct?assigning the cost accountant role shows supply chain execution offering which seems confusing for users who are not subscribed to any supply chain related services.
2. Who typically manages the receipt accounting tasks, the Buyer or AP team?
3. For the receipts created and posted through to Oracle GL as accruals, what happens when the invoice is created and accounted?Does the accounting automatically knocks off the accruals or is there a separate set of steps to manage the transfer of transactions from payables to GL again? what are the sequence of tasks for accrue at receipt to work?