Can any one please point me to a metalink note or any other website where I can get a detailed information about PO Accounting Flow.
I want to know the details such as which account is credited and debited when a PO is created, receipt, inspection etc.
Many thanks in advance.
Purchasing Encumbrance Accounting Concepts and Process Model [ID 121858.1]
Setup and Defaulting of Accounts in a Purchasing Encumbrance Environment [ID 245096.1]
Accounting Flow For Purchase Orders, Receipts and Matched Invoices in an Encumbrance Environment [ID 386807.1]
You can check out the below links where discussion on accounting entries are made when Asset items Purchased.