The document describes the petty cash cycle in Oracle. It involves entering prepayments to employees, reconciling invoices and receipts, applying invoices to decrease prepayments, and paying supplier invoices from a special bank. Finally, payments from the special bank are cleared in the cash clearing responsibility to complete the petty cash cycle.
The document describes the petty cash cycle in Oracle. It involves entering prepayments to employees, reconciling invoices and receipts, applying invoices to decrease prepayments, and paying supplier invoices from a special bank. Finally, payments from the special bank are cleared in the cash clearing responsibility to complete the petty cash cycle.
The document describes the petty cash cycle in Oracle. It involves entering prepayments to employees, reconciling invoices and receipts, applying invoices to decrease prepayments, and paying supplier invoices from a special bank. Finally, payments from the special bank are cleared in the cash clearing responsibility to complete the petty cash cycle.
Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
-Petty Cash Cycle-
Go To Payables Responsibility (TRAFOS AP). -Now Pay Prepayment (Petty Cash) to Employee - Enter employee Name, Invoice Amount, Invoice Date etc.
Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
-Cancel Invoice Tax
-Action > Validate Action > Create Accounting
Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
DR \ PETTY Cash CR \ AP EMPLOYEE -Action > Pay in Full
DR \ AP EMPLOYEE CR \ CASH CLEARING When Clear This Payment DR \ AP EMPLOYEE CR \ BANK Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
*Enter Invoices For Employee And Supplier To Reconciliation. -Invoices > Entry > Invoices -Enter Standard Invoice for Supplier to Match with RECEIPT Number -Enter Invoice Information (Supplier Name, Date, Currency, and Amount). - Then Press Match.
-Enter Receipt Number to Do Match. Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
- Press Find.
-Check Quantity And Price Then Check Box. Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
Press Match.
-Cancel Tax > Tax Details > Check Box Cancel > Press Ok. Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
-Action > Validate. -Action > Create Accounting.
Step 2 |A| Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
-Now Enter Invoices to Reconcile Employee Amount (petty Cash). -Enter Debit Memo Invoice for Employee -Invoices > Entry > Invoices - Choose Invoice Type | DEBIT MEMO. - NOTE: INVOICE AMOUNT NEGATIVE (-).
-Cancel Invoice Tax Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
-Action > Validate Action > Create Account
DR\ AP EMPLOYEE Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
CR\ AP/AP
-Action > Pay in Full.
-Enter Bank Account, Payment Date ..Etc. Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
*NOTE: BANK ACCOUNT (IS A SPECIAL BANK FOR THESE TRANSACTIONS).
-Action > Create Accounting. Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
Step 2 |B| -Enter Invoice 2 for Employee -Invoice Type > Standard -Invoices > Entry > Invoices
-Enter (invoice type, employee name, Debit account (AP\AP), and amount). Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
-Cancel Invoice Tax.
-Action > Validate. Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
Action > Create Account.
DR\ AP\AP CR\ AP EMPLOYEE
-NOW Apply This Invoice To Prepayment (Petty Cash). Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
-Action > Apply\ Un apply Prepayment
-Choose The Prepayment You Want To Decrease It. By Check Box > Press apply /un apply
Now It Will Appear Down Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
-Action > Validate Action > Create Accounting
DR\ AP EMPLOYEE Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
CR \ PETTY CASH Step 2 |C| -Now We Search For Supplier Invoice To Pay It From Our Special BANK. -Go To Invoice > Entry invoice > Click Search Tab . -Search For Invoice by supplier name, Invoice Amount ..Etc.
-After You Find Invoice Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
-Action > Pay in full.
-We Will Choose the Special BANK FOR This CASE Only.
-Action > Create Accounting. Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
DR \ SUPPLIER
CR \ BANK | SPECIAL BANK
Step 3 Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
-NOW We Will Clear Our Payment from Cash Clear Responsibility (TRAFOS CE) By Search about Our Special BANK. -Go To > Cash Clear Responsibility > Bank Statements > Manuel Clearing > Clearing Transactions
-Choose Bank Number or Bank name - Then Press Find Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
-You Will Find Our 2 Payment for Supplier and Refund for Employee Prepared By: Mohammed Salah Mahmoud | Oracle Financial Consultant R12
Check Box Two Payment then Press > Clear Transactions > Save.