Page 1 of 1

Purchase Account

Posted: Wed Feb 06, 2008 3:30 am
by rajib.banerjee
Dear friends,

In our old system we had Purchase Account concept. But in Oracle Apps we donot have it directly. Can any one tell me which account can I term as Purchase Account as per our old system?

Thanks

Posted: Wed Feb 06, 2008 4:15 am
by ahsan.global
Rajib...
What's the nature of you old system account ..Assets , Liability or what...?
regard
Ahsan

Posted: Thu Feb 07, 2008 5:37 am
by rajib.banerjee
Dear Ahsan,
In the Old System which we have learned when study in Accounts..if you can remember, was of the nature of Expense generally in Profit and Loss Account/ Trading Account.
Thanks