Cloud AP to FA – Oracle Cloud Procure to Payables (Payments) to Fixed Assets to General Ledger Flow

 

The PO-AP-FA-GL cycle comprises of the following steps,

01: Create Requisitions

02: Create Purchase Order with Requisition

03: Purchase Order Receive Goods

04: Create Payables invoice with Match PO Lines

05: Invoice Payment to Supplier (Optional)

06: Transfer Payables data to General Ledger (Mandatory)

07: Create Mass Additions

08: Prepare Mass Additions

09: Post Mass Additions

10: Verify the Asset

11: Calculate Depreciation

12: Asset Create Accounting

01: Create Requisitions

Nav: Procurement à Purchase Requisitions

 

Click the More Tasks dropdown and select Request Noncatalog Item.

 

Enter the below requisition details and click on Add to Cart button

 

Requisition added to cart

 

Click on the cart  and click on the Review button

 

Review the requisition details and make sure the Charge Account is an Asset Clearing account

 

Review the details and Click on Submit

 

A requisition will be created and it will be submitted for approval, click on the View PDF button to check the requisition details

 

 

Approve the Requisition

 

02: Create a Purchase Order with Requisition

Once the requisition is Approved create the Purchase order with the requisition

Nav: Procurement à Purchase Orders

 

Click on the tasks and click on the Process Requisitions task from Requisitions or select from procurement quick actions

 

Please click on the below link for more details:

Cloud AP to FA – Oracle Cloud Procure to Payables (Payments) to Fixed Assets to General Ledger Flow
https://drive.google.com/file/d/1lve6IGC83wpZBgZedOz_ssBwHvBFyzkY



Join the https://t.me/OracleApps88 group or message me at @apps88 (https://t.me/apps88) or (+91) 9059574321 in Telegram, to get more information on Oracle EBS R12/Cloud (Fusion) applications.