Accure in AP

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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segu_tulasi55
Posts: 31
Joined: Wed Dec 19, 2007 10:21 am
Location: India

Accure in AP

Post by segu_tulasi55 »

What is the meaning of accurual in AP?Could anyone pls help me?
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AmanKhan
Posts: 387
Joined: Wed Sep 26, 2007 2:51 am
Location: Pakistan

Post by AmanKhan »

Accrual means expenses incurred but not yet paid and normally we don't know the exact details of such expenses and record them as accrual in AP.
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