Reviewing payables accounting transactions
In this recipe, we will transfer transactions to the General Ledger and review the accounting transactions generated.
Getting ready
Log in to Oracle E-Business Suite R12 with the username and password assigned to you by the System Administrator. If you are working on the Vision demonstration database, you can use OPERATIONS/WELCOME as the USERNAME/PASSWORD.
We need validated invoices for this recipe.
How to do it...
Let's list the steps required to transfer accounting transactions to the General Ledger from the Invoice Workbench:
1. Select the Payables responsibility.
2. Navigate to Invoices | Entry | Invoices.
3. Search the Invoice Number GE-030111 for $220 from ACME General Electric on 01-JAN-2011 in the Invoice Workbench.
4. Click on the Actions…1 button.
5. Click on the Create Accounting checkbox and select Final Post option.
6. Click on the OK button. A note will be displayed to confirm that the accounting transactions have been generated.
7. View the...
