| Provisional posting [message #166634] |
Fri, 07 April 2006 06:01  |
Natesh
Messages: 5
Registered: April 2006
Location: Bangalore
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Junior Member |
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Hi
I am Natesh, very new to Oracle financials.
Would like to know whether there is something called 1) "provisional posting " concept in AP AR modules?
2) I would also like to know What exactly is "distribution sets" in AP module? When is that used.
Rgds
Natesh
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| Re: Provisional posting [message #166678 is a reply to message #166634] |
Fri, 07 April 2006 08:46  |
David.K.Dickson
Messages: 413
Registered: October 2005
Location: Surrey, England
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Senior Member |
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Hi, Natesh,
Welcome to the wonderful world of Oracle Financials.
I am not aware of "provisional posting", but here is what the Payables User Guide says about Distribution Sets:
"You can use a Distribution Set to automatically enter distributions for an invoice when you are not matching it to a purchase order. For example, you can create for an advertising supplier a Distribution Set that allocates advertising expense on an invoice to four advertising departments.
You can assign a default Distribution Set to a supplier site so Payables will use it for every invoice you enter for that supplier site. If you do not assign a default Distribution Set to a supplier site, you can always assign a Distribution Set to an invoice when you enter it.
Use Full Distribution Sets to create distributions with set percentage amounts, or use Skeleton Distribution Sets to create distributions with no set distribution amounts. For example, a Full Distribution Set for a rent invoice assigns 70% of the invoice amount to the Sales facility expense account and 30% to the Administration facility expense account. A Skeleton Distribution Set for the same invoice would create one distribution for the Sales facility expense account and one distribution for the Administration facility expense account, leaving the amounts zero. You could then enter amounts during invoice entry depending on variables such as that month’s headcount for each group.
If you enable and use a descriptive flexfield with your distribution set lines, the data in the flexfield will be copied to the invoice distributions created by the Distribution Set."
If you don't have a copy of the Payables User Guide, you can download it, and all of the other Oracle Applications Documentation from here.
 HTH
David.
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| Re: Provisional posting [message #166831 is a reply to message #166634] |
Sun, 09 April 2006 22:18 |
manwadkar
Messages: 104
Registered: September 2005
Location: Washington DC
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Senior Member |
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The meaning of distribution set is explained as below. We have a company ABC having department X and Y. Company buys stationary and would like to distribute it's cost to both depts as 50%-50%. While distributing this cost while invoice distribution, instead of doing it manually between two depts, Invoice clerk can use this distribution set, where distribution set is setup to distribute cost 50-50. It is okay to distribute for 2-3 trasactions but when distributions are complex then use of distribution sets is best case.
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