what is the difference between IPV and write off ?

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

what is the difference between IPV and write off ?

Post by segu_tulasi55 »

What is the difference b/w Invoice price variance and accural write off?
How we can adjust this accrual write off?
anjan.614
Posts: 21
Joined: Tue Sep 09, 2008 8:50 am
Location: India

Post by anjan.614 »

IPV: Difference between the Invoice price and po shipment level price(Total Amount)

Write off ac: Depends upon the business in my business if you made any payment supplier if there is any fraction of amount has we loss in the sense suppose u need to pay 99.988880(conversion from functional currency amount) but the system shows u as default 100. Then there is diffrenc0.02. We are paying it to suplier because we cant divide the dollor or rupee as 0.02. That we are showing as write off account for an individual payment or invoice.(Payable prospective)
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