1 Reply Latest reply on Sep 16, 2010 12:51 PM by 747405

    what is the difference between PO Charge Account and PO Accrue Account ?

    Sanjay Desai EBS
      Hi

      On Requistion's Distribution screen , there is a A/c codes exists : PO Charge , Accrue, Budget & Variance .
      Can anyone explain me the exact purpose of the same and what is the difference between PO Charge Account and PO Accrue Account ?

      regards
      Thanks
      SD
        • 1. Re: what is the difference between PO Charge Account and PO Accrue Account ?
          747405
          Hi Sanjay,
          Here is the OA help (11i) :
          Entering Purchase Order Distributions:
          6. Enter the purchasing accounts. When you save your changes in this window, Purchasing uses the Account Generator to automatically create the following accounts for each distribution:
          Charge: the account to charge for the cost of this item in the purchasing operating unit
          Accrual: the AP accrual account in the purchasing operating unit
          Variance: the invoice price variance account in the purchasing operating unit
          Destination Charge: the account to charge for the cost of this item in the destination operating unit
          Destination Variance: the invoice price variance account in the destination operating unit
          Note: The last two accounts are created only if the receiving destination operating unit is different than the purchasing operating unit and there is a transaction flow defined between the two organizations.

          If you are using encumbrance control, Purchasing also creates the following account for each distribution:
          Budget: the encumbrance budget account
          The Account Generator creates these accounts based on predefined rules. See: Using the Account Generator in Oracle Purchasing.
          Hope it helps
          Xavier