Encumbrance Accounting
Hi,
We would like to implement encumbrance accounting in Purchasing. The costing method of the Inventory Org is Average. We have defined encumbrance account in Organization parameters and in Item Master. We have enabled the "Reverse Encumbrance" in the costing information tab in Organization parameter.
When we create Purchase requisition and Purchase order, encumbrance account is defaulted from Organization parameters.
It is not getting defaulted from Item Master. We need encumbrance account to be defaulted from Item Master.
Is there any way to default encumbrance account from Item master with Average costing method.
We are in R12.1.3
Regards,
We would like to implement encumbrance accounting in Purchasing. The costing method of the Inventory Org is Average. We have defined encumbrance account in Organization parameters and in Item Master. We have enabled the "Reverse Encumbrance" in the costing information tab in Organization parameter.
When we create Purchase requisition and Purchase order, encumbrance account is defaulted from Organization parameters.
It is not getting defaulted from Item Master. We need encumbrance account to be defaulted from Item Master.
Is there any way to default encumbrance account from Item master with Average costing method.
We are in R12.1.3
Regards,
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