Download - Oracle Applications EBS - Accounting Entries
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SR.NO PARTICULARS DR CR SPL NOTES
I Drop Ship
1 Sales Order Entry
No Accounting
2 Creation of Requisition
No Accounting
3 Creation of Purchase Order
No Accounting
4 Receipt
Receiving A/c 100 At PO Price
AP Accrual A/c 100 At PO Price
5 DevliveryRaw Material Sub Inventory A/c 80 At Standard Cost
PPV A/c 20 Diff between PO - Stnd
Receiving A/c 100 At PO Price
6 Reservation
No Accounting
7 Picking
Staging Sub Inventory A/c 80 At Standard Cost
Sub Inventory A/c 80 At Standard Cost
8 ShippingCOGS 80 At Standard Cost
Staging Sub Inventory A/c 80 At Standard Cost
DROP SHIP
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ACCOUNT IS PULLED SPECIFIC OPTION AVAILABLE
Receiving Option Setup ORG
Inventory Org Setup ORG
Sub-inventory Material A/c Setup SUB-INV Org Level A/c willl get defaulted
Inventory Org Setup ORG
Receiving Option Setup ORG
Sub-inventory Material A/c Setup SUB-INV Org Level A/c willl get defaulted
Sub-inventory Material A/c Setup SUB-INV Org Level A/c willl get defaulted
Item Org Level A/c willl get defaulted, OMTT
Sub-inventory Material A/c Setup SUB-INV Org Level A/c willl get defaulted
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SR.NO PARTICULARS DR CR SPL NOTES
1 At the time of material issue
WIP Material A/c 100
Subinventory material A/c 100
2 Resource Valuation
WIP Resource valuation A/c 100
Resource Absorption A/c 100
3 Overhead Cost (Material)
WIP Material ovehead A/c 10
Sub inventory material overhead A/c 10
4 Overhead Cost (Indirect)WIP Overhead A/c 100
Overhead absorption A/c 100
5 WIP Job Completion
Stagging/Completion Sub-inventory A/c Std Cost
WIP Material A/c
WIP Resource valuation A/c
WIP Material ovehead A/c
WIP Ooverhead A/c
WIP Material Variance A/c Diff between Actual - STD
WIP Resource Variance A/c Diff between Actual - STD
WIP Material Variance A/c Diff between Actual - STD
WIP Ooverhead Variance A/c Diff between Actual - STD
5 Picking
Staging Sub Inventory A/c 100 At Standard Cost
Sub Inventory A/c 100 At Standard Cost
6 Shipping
COGS 100 At Standard Cost
Staging Sub Inventory A/c 100 At Standard Cost
SO-WORKORD
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ACCOUNT IS PULLED SPECIFIC OPTION AVAILABLE
WIP Class
Org/Subinventory
WIP Class
Resource Defination Form
WIP Class
Org/Subinventory
WIP Class
Overheads Defination Form
Org/Subinventory
WIP Class
WIP Class
WIP Class
WIP Class
WIP Class
WIP Class
WIP Class
WIP Class
Sub-inventory Material A/c Setup SUB-INV Org Level A/c willl get defaulted
Sub-inventory Material A/c Setup SUB-INV Org Level A/c willl get defaulted
Item Org Level A/c willl get defaulted, OMTT
Sub-inventory Material A/c Setup SUB-INV Org Level A/c willl get defaulted
R FLOW
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SR.NO PARTICULARS DR CR
1 FOB Point is set to Receiptwithout Charges & Freight - Using Transaction Type - Intransit
Entry at the time of ISSUE
Intransit Inventory A/c ( Sending Org ) 100Sub Inventory A/c ( Sending Org ) 100
Entry at the time of RECEIPT
InterOrganization Receivable( Sending Org ) 100
Intransit Inventory A/c ( Sending Org ) 100
Sub Inventory A/c ( Receiving Org ) 100
InterOrganization Payable ( Receiving Org ) 100
2 FOB Point is set to Receiptwith Charges & Freight - Using Transaction Type - Intransit
Entry at the time of ISSUE
Intransit Inventory A/c ( Sending Org ) 100Sub Inventory A/c ( Sending Org ) 100
Entry at the time of RECEIPT
InterOrganization Receivable( Sending Org ) 100
Intransit Inventory A/c ( Sending Org ) 100
InterOrganization Receivable( Sending Org ) 15
Freight Expense A/c ( Sending Org ) 15
InterOrganization Receivable( Sending Org ) 10
InterOrg. Transfer Credit ( Sending Org ) 10
Subinventory A/C (Receiving Org) 100
Purchase Price Variance(Receiving Org) 25
InterOrganization Payable (Receiving Org) 125
3 FOB Point is set to Shipmentwithout Charges & Freight - Using Transaction Type - Intransit
Entry at the time of ISSUE
InterOrganization Receivable (Sending Org) 100Sub Inventory A/c ( Sending Org ) 100
Intransit Inventory A/c (Receiving Org) 100
Inter - Organization Payable (Receiving Org) 100
Entry at the time of RECEIPT
Sub Inventory A/c (Receiving Org) 100
Intransit Inventory A/c (Receiving Org) 100
4 Direct InterOrganization Transfer without FOB being Receiptand without transfer credit and
InterOrganization Receivable (Sending Org) 100Sun Inventory A/c (Sending Org) 100
Sub Inventory A/c (Receiving Org) 100
Inter - Organization Payable (Receiving Org) 100
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5 Direct InterOrganization Transfer with FOB being Receiptwith transfer credit and freight
Entry at the SOURCE
InterOrganization Receivable (Sending Org) 120
Sub Inventory A/c (Sending Org) 100InterOrg. Transfer Credit ( Sending Org ) 10
Freight Expense A/c ( Sending Org ) 10
Entry at the DESTINATION
Sub Inventory A/c (Sending Org) 100
Purchase Price Variance (Receiving Org) 20
Inter - Organization Payable (Receiving Org) 120
6 If the Standard Cost is different in Sending & Receving Org
Entry at the time of ISSUE
Intransit Inventory A/c (Sending Org) 100Sub Inventory A/c (Sending Org) 100
Entry at the time of RECEIPT
Sub Inventory A/c (Receiving Org) 120
Inter - Organization Payable (Receiving Org) 100
Purchase Price Variance (Receiving Org) 20
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SPL NOTES ACCOUNT IS PULLED SPECIFIC
At Standard Cost Shipping Network ORGAt Standard Cost Sub-inventory Material A/c Setup ORG
At Standard Cost Shipping Network ORG
At Standard Cost Shipping Network ORG
At Standard Cost Sub-inventory Material A/c Setup ORG
At Standard Cost Shipping Network ORG
At Standard Cost Shipping Network ORGAt Standard Cost Sub-inventory Material A/c Setup ORG
At Standard Cost Shipping Network ORG
At Standard Cost Shipping Network ORG
Shipping Network ORG
At Transaction Level
Shipping Network ORG
Shipping Network
At Standard Cost Sub-inventory Material A/c Setup
Shipping Network
Shipping Network ORG
At Standard Cost Shipping Network ORG
At Standard Cost Sub-inventory Material A/c Setup ORG
Shipping Network ORG
Shipping Network ORG
At Standard Cost Sub-Inventory Material A/c Setup ORG
At Standard Cost Shipping Network ORG
freight
At Standard Cost Shipping Network ORG
At Standard Cost Sub-inventory Material A/c Setup ORG
At Standard Cost Sub-inventory Material A/c Setup ORG
At Standard Cost Shipping Network ORG
INTER ORG/INTERNAL SALES ORDERS
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Shipping Network ORG
At Standard Cost Sub-inventory Material A/c Setup ORGShipping Network ORG
At transaction level ORG
At Standard Cost Sub-inventory Material A/c Setup ORG
Shipping Network ORG
Shipping Network ORG
At Standard Cost Shipping Network ORGAt Standard Cost Sub-inventory Material A/c Setup ORG
At Standard Cost Sub-inventory Material A/c Setup ORG
Shipping Network
Shipping Network
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OPTION AVAILABLE
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SR.NO PARTICULARS DR CR SPL NOTES ACCOUNT IS PULLED SP
1 Creation of Requisition
No Accounting
2 Creation of Purchase Order
No Accounting
3 ReceiptReceiving A/c 100 At PO Price Receiving Option Setup OR
AP Accrual A/c 100 At PO Price Inventory Org Setup OR
4 Devlivery
Raw Material Sub Inventory A/c 80 At Standard Cost Sub-inventory Material A/c Setup SU
PPV A/c 20 Diff between PO - Stnd Inventory Org Setup OR
Receiving A/c 100 At PO Price Receiving Option Setup OR
5 Invoice matching with PO
AP Accrual Liability A/c 100 At PO Price Receiving Option Setup OR
Invoice Price Variance A/c 10 Diff between Invoice - PO Inventory Org Setup OR
AP Liability A/c 110 AT INV Price Financial Options/Supplier Site
6 On making Payment
Liability A/c 110 At Invoice Price Financial Options/Supplier Site
Cash 110 At Invoice Price Bank A/c Setup
Uncleared payment Future Dated Payemnt
AP Liability 100 AP Liability account De
Cash Clearing 100 Future Dated Payment Account Cre
Cleared payment payment maturityFuture Dated Payemnt
Cash Clearing 100 Future Dated Payment account De
Cash (asset) 100 Cash Clearing account Ce
Bank charges
Bank Charges 100
Cash 100
Debit Memo/ Credit Memo
Accounts Payable A/c 100
To Expense A/c 100
Petty Cashier Transactions
Prepayment Invoices
Prepayment Expenses A/c
To Petty Cashier Liability A/c
Payment against the invoice
Petty cashier Liability A/c 100
To Cash A/c 100
PROCURE TO PAY
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Expense Report:
Expense A/c 100
To Petty Cashier Liability A/c 100
Apply payment Against Invoices
Petty Cashier Liability A/c 100
To Prepayment Expenses A/c 100
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SUMMARY!A1
SR.NO PARTICULARS DR CR SPL NOTES
1 Sales order entry
No Accounting
2 Sales Order Pick
From Sub Inventory A/c 100 At Standard CostTo Sub Inventory A/c 100 At Standard Cost(Staging)
3 Sales Order Issue
COGS 100 It can be fetched from five places
To Sub Inventory A/c 100 At Standard Cost
4 Transaction level
Receivable A/c 120
Tax A/c 10
Frieght A/c 10
Revenue A/c 100
Receipts
5 Receipts with no remittance method
Cash 100 Before application of the receipt
Unapplied A/c 100
Unapplied A/c 100 After application of the receipt to the transaction
Receivables A/c 100
Cash A/c 100
Unidentified A/c 100 In case of receipt without customer or transaction
Unidentifed A/c 100 when customer indentfied
Unapplied A/c 100
6 Receipts with remittance method.
Confirmed receipts A/c 100 At the time receipt entry
Unapplied A/c 100
Remitted receipts A/c 100 On remittance to bank
Confirmed receipts A/c 100
Cash 100 On clearence of cheque
Remitted receipts A/c 100
7 Receipts with discount/unearned discounts
Cash 90 At the time earned discounts
Discount earned A/c 10
Receivable A/c 100
Order To Cash Cycle
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Cash 90 At the time of unearned discount
Discount unearned A/c 10
Receivables A/c 100
Bill in arrears
Unbilled Receivable 100
revenue 100
receivable 100
unbilled receivable 80
tax 10
freight 10
Bill in advance
receivable 100
unearned revenue 80
tax 10
freight 10
unearned revenue 100
revenue 100
Deposit
deposit is created
receivable 100
unearned revenue 100
deposit is paid
cash 100
receivables 100
Invoice
unearned revenue 100
revenue 100
GuaranteeCreate
unbilled receivables 100
unearned revenue 100
Invoice applied
unearned revenue 100
unbilled receivable 100
Invoice paid
Cash 100
Receivable 100
On account credit
cash 100
unapplied cash 100
Foreign Currency Gains and Losses
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Cash 100 (Receipt Class at the receipt rate)
Unapplied 100 (Receipt Class at the receipt rate)
AR 100 (from the invoice at the invoice rate)
Unapplied 100 (Receipt Class at the receipt rate)
Gain 1000 difference between the invoice and receipt values)
Cash 100 (Receipt Class at the receipt rate)
Unapplied 100 (Receipt Class at the receipt rate)
Loss 100 (difference between the invoice and receipt values)
AR 100 (from the invoice at the invoice rate)
Unapplied 100 (Receipt Class at the receipt rate)
Receipts and Adjustments
Cash A/c 100
To Receivable A/c 100
Write-Off A/c 100
To Receivables A/c 100
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OPTION AVAILABLE
ORGORG
Master org/shipping parameters/order type/Inv org
sales rep/customer site
Transaction type/sales reps/customer bill to site/Standard lines
sales rep/customer bill to site/standard lines
sales rep/customer bill to site/standard lines
Bank Defination Form
Bank Defination Form
Bank Defination Form
Bank Defination Form
Bank Defination Form
Bank Defination Form
Bank Defination Form
Bank Defination Form
Bank Defination Form
Bank Defination Form
Bank Defination Form
Bank Defination Form
Bank Defination Form
Bank Defination Form
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SR.NO PARTICULARS DR CR SPL NOTES ACCOUNT IS PULLED SPECIFIC
1 Adjustments
Adjustment A/c 100 Receivable activityReceivable A/c 100 Transaction type
Adjustments in AR
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OPTION AVAILABLE
Sales Rep/Customer Site
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SR.NO PARTICULARS DR CR SPL NOTES
1 Inventory Std cost update
Sub Inventory A/c 100
Cost Adjustment A/c 100
2 Intransit material Std Cost Update
Intransit Inventory A/c 100
Cost Adjustment A/c 100
3 WIP Material Std Cost Update
WIP Material A/c 100
WIP Material Variance A/c 100
ST
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ACCOUNT IS PULLED SPECIFIC OPTION AVAILABLE
Sub-inventory Material A/c Setup ORG
At the Standard Cost update request level
Shipping Network ORG
At the Standard Cost update request level
WIP Accounting Class
WIP Accounting Class
NDARD COST UPDATE
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SR.NO PARTICULARS DR CR SPL NOTES
1 Miscellaneous Receipt at receivables
Accounting
Cash 100 Entered Reciept Amount
Misc Cash A/c 100
2 Miscellaneous Issue/Receipt At Inventory
Issue
Misc Issue A/c 100
Sub Inventory A/c 100
Receipt
Sub Inventory A/c 100
Misc Receipt A/c 100
Miscellaneous
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ACCOUNT IS PULLED SPECIFIC OPTION AVAILABLE
Bank Account Definition Bank(Internal)
Receivable activity Distribution set
At Misc Issue form level
Org/Subinventory level ORG
Org/Subinventory level ORG
At Misc receipt form level
eceipts in AR
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SR.NO PARTICULARS DR CR
1 On entering a Misc.Invoice
Charge A/c 100
Liability A/c 100
2 On making the Payment
Liability A/c 100
Cash 100
3
On making Payment
(when Cash Mgmt is implemented)
On Payment
Liability A/c 100
Cash Clearing A/c 100
On Clearing
Cash Clearing A/c 100
Cash 100
Future Dated Payments
AP Liability 100
Future Dated Payment 100
Payment Maturity-Future Dated
Future Dated Payment 100
Cash 100
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SPL NOTES ACCOUNT IS PULLED SPECIFIC
A dummy Misc.Vendor is created for
this purpose and the details are
captured in the DFF.
Distribution Set/PO charge A/c
From the supplier site
From the Supplier site
From the Bank A/c's Definition
From the supplier site
From the Bank A/c's Definition
From the Bank A/c's Definition
From the Bank A/c's Definition
MISC PAYMENTS
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OPTION AVAILABLE
Financial Options
Financial Options
Financial Options
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SR.NO PARTICULARS DR CR
1 At the time material issue
WIP Material A/c 100
Sub Inventory A/c 100
2 Resource Valuation
WIP Resource valuation A/c 100
Resource Absorption A/c 100
3 Overhead Cost (Material)
WIP Material ovehead A/c 10
Sub inventory material overhead A/c 10
4 Overhead Cost (Indirect)WIP Overhead A/c 100
Overhead absorption A/c 100
5 Outside Processing (In case of fixed standard cost to resource)
WIP OSP A/c 100
Variance A/c 95
Resource A/c 5
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SPL NOTES ACCOUNT IS PULLED SPECIFIC OPTION AVAILABLE
WIP Class
At Standard Cost Sub-inventory Material A/c Setup ORG
WIP Class
Resource Definition Form
WIP Class
Org/Subinventory ORG
WIP Class
Overheads Defination Form
WIP Class
Resource Defination Form Org Paramaeters
Resource Defination Form Receiving Options
Manual WorkOrder
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SR.NO PARTICULARS DR CR SPL NOTES
1 Depreciations for current period
Depreciations Expenses 100
Bonus Expense 20
Depreciationns Expenses 100
Bonus Reserve 20
2 Current & Prior Period Addition
Asset Clearing 1000 AP
Payable Liabillity 1000 AP
CURRENT PERIOD ADDITION
Asset Cost 1000
Asset Clearing 1000
Depreciation Expense 200
Accumulated Depreciation 200
PRIOR PERIOD ADDITION
Asset Cost 3000
Depreciation Expense 750
Depreciation Expense 250 Adjustment
Asset Clearing 3000
Accumulated Depreciaiton 1000
Merge Two Assets:
Assets ( A+ B) 200
To Asset Clearing A/c100
(Cost of Asset A)To Asset Clearing A/c 100 (Cost of Asset B)
CIP Assets:
CIP Clearing A/c Dr 100
To Accounts payable A/c 100
ADDITION
CIP Cost A/c 100
To CIP Clearing A/c 100
Retirement of Asset:
Receivables:
Receivable A/c 100
To Proceeds of sales A/c 100
Payables:
Asset Clearing [Cost of Removable] A/c 100
To payable A/c 100
Fixed Assets
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Asset:
Accumulated Depreciation 100
Proceeds of sales Clearing A/c 100
Cost of Removable Gain A/c 100
Revaluation Reserve A./c 100
Net Book Value Retired Gain 100To Asset Cost A/c 100
To Proceeds of Sale Gain A/c 100
To Cost of Removable Gain A/c 100
To Revaluation Reserve Retired Gain A/c 100
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At the PO receipt DR CR
Asset Clearing A/c 100
To P{O Accrual A/c 100
AP: Invoice matching with PO
PO Accrual A/c 100
To AP Liabillity A/c 100
Net Accounting Entry
Asset Clearing A/c 100
AP Liabillity A/c 100
FA: Mass addition
Asset cost A/c 100
Asset Clearing A/c 100
AP: payment
AP Liabillity A/c 100
To Bank A/c 100
Net Accouting Entry
Asset cost A/c 100
To Bank A/c 100
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SR.NO PARTICULARS DR CR SPL NOTES
1 Creation of Prepayment
Prepaid Expenses 1000
AP Liabillity Control 1000
2 Creation of Credit Memo TDS
Vendor liabillity control A/c 100 amount debited towards TDS
TDS Control A/c 100
3 Creation of Invoice standard-TDS
TDS Control A/c 100 amount debited towards TDS
TDS Tax Vendor A/c 100
4 Creation of Invoice
AP Acrual/Expenses/Asset clearing 10000
AP Liabillity A/c 10000
5 TDS Credit Memo
Vendor Liabillity 1000
TDS Control A/c 1000
6 TDS Invoice for IT Authority
TDS Control A/c 1000 amount debited towards TDS
Vendor liabillity control A/c 1000
7 Applying Prepayment on Invoice
Vendor liabillity control A/c 1000
Prepaid Expenses 1000
8 Reverse Credit Memo on Prepayement
TDS Control A/c 100 amount debited towards TDS
Vendor liabillity control A/c 100
9 Reverse Standard Invoice forPrepayment
TDS Tax Vendor A/c 100 amount debited towards TDS
TDS Control A/c 100
PROCURE TO
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ACCOUNT IS PULLED SPECIFIC OPTION AVAILABLE
AY
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SR.NO PARTICULARS DR CR SPL NOTES
1 Creation of Prepayment
Prepaid Expenses 1000
AP Liabillity Control 1000
2 Creation of Credit Memo TDS
Vendor liabillity control A/c 100 amount debited towards TDS
TDS Control A/c 100
3 Creation of Invoice standard-TDS
TDS Control A/c 100 amount debited towards TDS
TDS Tax Vendor A/c 100
4 Creation of Invoice
AP Acrual/Expenses/Asset clearing 10000
AP Liabillity A/c 10000
5 TDS Credit Memo
Vendor Liabillity 1000
TDS Control A/c 1000
6 TDS Invoice for IT Authority
TDS Control A/c 1000 amount debited towards TDSVendor liabillity control A/c 1000
7 Applying Prepayment on Invoice
Vendor liabillity control A/c 1000
Prepaid Expenses 1000
8 Reverse Credit Memo on Prepayement
TDS Control A/c 100 amount debited towards TDS
Vendor liabillity control A/c 100
9 Reverse Standard Invoice forPrepayment
TDS Tax Vendor A/c 100 amount debited towards TDSTDS Control A/c 100
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ACCOUN SPECIFIC OPTION AVAILABLE