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ID:7942
Title:Payables Vs Receivables - History Transactions
URL:http://www.vaidy-dyngp.com/2009/06/payables-vs-receivables-history.html
Description:
I have been trying to know the basic reason behind why GP has this difference in the Payables and Receivables process.

In Payables, an Invoice will be moved to History as soon as it is posted and fully applied. But in Receivables, an Invoice will be moved to History only when we do a Paid Transaction Removal process.

WHY NOT Receivables also have the same process, wherein once we post and fully apply the document, it gets moved to History?

OR

WHY NOT Payables also have a "Paid Transaction Removal" process for its own documents that moves the Documents to History explicitly instead of what it does currently?

I would be grateful to know from various Consultants about WHY such a big process difference between these two modules? Is there any Accounting Based Reason for this? Or is it just the GP that contains this difference?

Any inputs would be great.

VAIDY
Category:TIPS AND TRICKS BY MODULES: RM (Receivables Management)
Link Owner:
Date Added:June 16, 2010 08:13:48 PM
Number Hits:49
RatingsAverage rating: (0 votes)
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