Payables and Cash Management - EBS (MOSC)

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Employee payments Accounting

edited Dec 20, 2018 4:00AM in Payables and Cash Management - EBS (MOSC) 4 commentsAnswered

Dear Stalwarts,

Can you please clarify what all accounting entries occur when we make employee payments (like advance, car loan, housing loan) etc in Oracle R12.2.4

We use HCM & Oracle Payables also.

We need a step by step accounting details

1) At time of issuing of loan to employee

2) At time of processing the payment

Also please advise if its mandatory for employee to be created as supplier and customer to make payments to them?

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