GAP analysis in ERP implementation is to identify and
suggest the ways to bridge the gap between 'as is' and 'to
be'. GAP analysis suggests the changes and steps to bring in
these changes, so that ERP benefits are received in full.
There is no retirement possible, because the depreciation
for the same can be posted at the end of the period. That
means you can delete the transaction n number of times in
the same period, but retirement is not possible
In r12 orale introduced new concept called multi org access
control. In multi org access control we can logon in
multiple operating units from single responsbility. And
also in 11i legal entity used for reporting tax but in r12
it is used for reprting purpose and also operating
transactions and also bank information attached to legal
It is nothig but set of rules or conditions which are going to attch to segment.
HR:SECURITY PROFILE->restricts data in HR according to Business Group or whatever the criteria we mentioned in the security profile.
HR:User Type-> to complete the org setup,purchasing,payables and recievables responsibilties need it.
MO:SECURITY PROFILE->it restricts the access to certain operating units.not necessary for gl and inventory resposibilities and for HR it is optional.
MO:OPERATING UNIT->which operating unit a particular responsibilty corresponds to.
GL SET OF BOOKS NAME->each responsibilty identified with thisprofile.can see only the accounting information.
1)Whenever we buy item there is no journal Entry.
2)When we Receive Material into inventory Org
Material Value A/C ---- Dr
Inventory AP Accrual A/C --- Cr
3)When we are going for payment
Charge A/c --- Dr
Liability A/c --- Cr
Liability A/c --- Dr
Cash Clearing A/c --- Cr
4)In Cash Management
Cash Clearing A/c --- Dr
Cash A/c --- Cr
5)When we Making Sale
Cost of Goods A/c --- Dr
Material A/c --- Cr
Try following method:
Transfer funds from one bank to another by way of Manual
Journal in General Ledger. It is recommended to make such
transfers only by way of Letter of Instruction to bank
instead of preparing a cheque. Retain copy of this transfer
letter duly signed by authorised signatory and attach it to
the printout of Journal Voucher as a proof of funds
There is sales contract between beneficary and applicant
and doesnt have an trust with him they want to open lc
favur of exporter the docus required to open lc
application ,proformo invoice or purchase order applicant
will approach the issuing bank. Issuing bank will open the
lc and send to advising bank which is called nominating bank
advising bank will send to exporter they will check as per
comply docus accordingly beneficary check the lc the given
condition is correct and i can able to fulfill the
condition exporter is satisfied make the shipment and send
the docus as per lc to advising bank advising bank will
send to issuing bank.Issuing bank will make the payment to
These are the setup's u need to do for Automatic
1)define tax authority supplier
2)define special calender
3)define withholding tax code
4)enable the option called "use with holding tax" in
5) assign the tax code to supplier site --> here the tax
code will be
assigned to the normal supplier in withholding tax tab.