Accounting process in R12 for purchasing entries
We are in process of R12 Upgrade. Can you help me to know how the accounting entries are populated in R12 for purchasing module?
Please note that we are not using inventory modules and we are using only purchases assets and services.
In R11, we are just saving the receipt. As the month end process, we will just run the Journal Import with source as purchasing to import the Journal details from purchasing to GL.
Now in R12, Is there any change in process for the above scenario? I still can find journal import with source ‘Purchasing’.
I can see create accounting – Receiving program and Create accounting –Cost Management program in R12. I believe now we need to run the “Create Accounting – Receiving” to create and transfer journals from purchasing to GL. But since we are not using inventory, not sure whether we need to use the Create Accounting – Cost Management. Please clarify the usage of these program with respective to our scenario and advise me the process change.