Receivables - EBS (MOSC)

MOSC Banner

Receivables On-Account Question

edited Apr 15, 2014 12:29PM in Receivables - EBS (MOSC) 3 commentsAnswered ✓

This is a new install of Oracle EBS 12.2.3.  We are including all Financial applications - including Receivables...I have a 'rookie' question.  The User Guide says:

When you enter an on-account receipt, Receivables creates the following journal entry:

DR Cash

CR Unapplied

DR Unapplied

CR On-Account

My question is:

What is the Oracle recommendation for account types for Receivables for the On-Account Receipt and Unapplied accounts?  Should these 2 accounts be a 'ASSET' type of account or a 'LIABILITY' type of account.

Thanks in advance!

Laurie

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Receivables Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center