{"id":7544,"date":"2024-08-05T11:37:17","date_gmt":"2024-08-05T11:37:17","guid":{"rendered":"https:\/\/www.gologica.com\/elearning\/?p=7544"},"modified":"2025-04-07T12:19:34","modified_gmt":"2025-04-07T12:19:34","slug":"accounting-for-payables-transactions-in-fusion-applications","status":"publish","type":"post","link":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/","title":{"rendered":"Accounting for Payables Transactions in Fusion Applications"},"content":{"rendered":"<p><strong>Introduction:<\/strong><\/p>\n<p>In this article, we are going to discuss the accounting involved in the <a href=\"https:\/\/www.gologica.com\/course\/oracle-fusion-financials\/\"><strong>Oracle Fusion<\/strong><\/a> Payables. It is a known fact that the default accounting for taxes for the transactions of the Oracle Payables is based on the tax nature, tax account assigned to the configuration of relevant tax, and tax recoverability. Payables transactions accounting relies on the categories like:<\/p>\n<p>1. Purchase order matched invoices<\/p>\n<p>2..Unmatched standard invoices<\/p>\n<p>3. Prepayments<\/p>\n<p>4 . Receipt matched invoices<\/p>\n<p>Now, let&#8217;s look at the categories to know credit and debit accounts.<\/p>\n<p><strong>1. Purchase Order Matched Invoices: &nbsp;<\/strong>The approach of tax accounting purchase matched order invoices that are very similar to the unmatched invoices. Given below are the key areas in which PO matched invoice varies from the invoice unmatched accounting-<\/p>\n<p>When there are some differences in taxes between the invoice and purchase, these are identified as variances and can be accounted for accordingly. The variances of the tax are only accounted for the non-recoverable amounts of tax. The variance accountants can be defined as a part of the configuration of Oracle Fusion Payables. If no tax expense account is specified for the tax rate, then the charge account used to account for the related line of the item is used.<\/p>\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.gologica.com\/course\/oracle-fusion-financials\/\"><img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"175\" src=\"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/about-Oracle-Fusion.jpg\" alt=\"Oracle Fusion Financials Training\n\" class=\"wp-image-7545\" srcset=\"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/about-Oracle-Fusion.jpg 800w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/about-Oracle-Fusion-460x101.jpg 460w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/about-Oracle-Fusion-768x168.jpg 768w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/about-Oracle-Fusion-100x22.jpg 100w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/about-Oracle-Fusion-600x131.jpg 600w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/about-Oracle-Fusion-120x26.jpg 120w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/about-Oracle-Fusion-310x68.jpg 310w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><\/figure>\n<p>The account derivation for the Tax Rate Variance and Tax Invoice Price Variance depends on the items used, and the accrual method is described below :<\/p>\n<p><strong>Item Type:\u00a0 <\/strong>Inventory\u00a0\u00a0 &#8211; Accure at Receipt: Disabled -The variance accountant&#8217;s purchase Order has defaulted from the parameter of <strong>\u00a0<\/strong>Inventory organization receiving accounts.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>\u00a0\u00a0\u00a0<\/strong><\/p>\n<p>Accure at Receipt: Enabled &#8211; The variance accountant&#8217;s purchase Order has defaulted from the parameter of<span style=\"margin: 0px; padding: 0px;\">\u00a0the<strong>\u00a0<\/strong><\/span>Inventory organization receiving accounts.<strong>\u00a0\u00a0\u00a0<\/strong><\/p>\n<p>Expense &#8211; Accure at Receipt: Disabled &#8211; Tax expense account is used.&nbsp;&nbsp;&nbsp; <\/p>\n<p>Accure at Receipt: Enabled &#8211; \u00a0\u00a0\u00a0Purchase order change account is used.<\/p>\n<p>The tax variance accounting treatment is:<\/p>\n<p><strong>Case: 1<\/strong><\/p>\n<p>Nature of Taxes: All Taxes<\/p>\n<p>Variance Type: Tax Rate Variance<\/p>\n<p>Recoverability: Nonrecoverable<\/p>\n<p>Credit Account: Payables<\/p>\n<p>Debit Account: Charge Account, Tax Expense<\/p>\n<p>Notes: The Tax Rate Variance invoice distribution is posted to the account, which can be used for accounting for the amounts of invariance tax. Suppose the tax rate has an expense account of tax, then the same account can be used. Otherwise, the charge account is used.<\/p>\n<p><strong>Case: 2<\/strong><\/p>\n<p>Nature of Taxes: All taxes<\/p>\n<p>Variance Type: Invoice Price Variance<\/p>\n<p>Recoverability: Nonrecoverable<\/p>\n<p>Credit Account: Payables<\/p>\n<p>Debit Account: Invoice Price Variance Account<\/p>\n<p>Notes: This is referred to as the tax difference between the invoice and purchase order due to the price changes in the invoices. This amount is posted to the variance account of the invoice price. The account is the same as the accounting, which is used for the variance with the line of item.<\/p>\n<p><strong>Case : 3<\/strong><\/p>\n<p>Nature of Taxes: All taxes<\/p>\n<p>Variance Type: Exchange PO Rate Variance<\/p>\n<p>Recoverability: Nonrecoverable<\/p>\n<p>Credit Account: Payables<\/p>\n<p>Debit Account: Exchange PO Rate Variance Loss or Gain Account<\/p>\n<p>Notes: Due to the exchange rate changes, this is the difference in tax amount between the invoice and purchase order. This amount is posted to the rate of exchange variance loss or gain account. The account can be the same as the one that is used for the accounting variance with the item line.<\/p>\n<p><strong>2. Unmatched standard invoices:<\/strong> If you want to know more about unmatched standard invoices, here we are there to help you. The below method helps you to describe the taxes accounting for the unmatched standard invoices:<\/p>\n<p><strong>Related courses:<\/strong><\/p>\n<figure class=\"wp-block-table aligncenter\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<th>Course Name<\/th>\n<th class=\"has-text-align-center\" data-align=\"center\">Enroll Now<\/th>\n<\/tr>\n<tr>\n<td>Adobe Analytics Training<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.gologica.com\/course\/adobe-analytics-training\/\">Enroll Now<\/a><\/td>\n<\/tr>\n<tr>\n<td>Adobe Audience Manager Training<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.gologica.com\/course\/adobe-audience-manager-training\/\">Enroll Now<\/a><\/td>\n<\/tr>\n<tr>\n<td>Adobe Creative Cloud Training<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.gologica.com\/course\/adobe-creative-cloud-training\/\">Enroll Now<\/a><\/td>\n<\/tr>\n<tr>\n<td>Adobe ColdFusion Training<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.gologica.com\/course\/adobe-coldfusion-training\/\">Enroll Now<\/a><\/td>\n<\/tr>\n<tr>\n<td>Adobe CQ5 Training<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.gologica.com\/course\/adobe-cq5\/\">Enroll Now<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>Case : 1<\/strong><\/p>\n<p>Nature of Tax: All taxes<\/p>\n<p>Debit Account : Tax Expense<\/p>\n<p>Recoverability: Nonrecoverable<\/p>\n<p>Credit Account: Payables<\/p>\n<p>Notes: The tax expense debit account applies only while the tax expense account is specified for the tax rate. The debit is applied to the charge account for the transaction line if it is not defined.<\/p>\n<p><strong>Case: 2<\/strong><\/p>\n<p>Nature of Tax: All taxes<\/p>\n<p>Debit Account: Tax Expense<\/p>\n<p>Recoverability: Recoverable<\/p>\n<p>Credit Account: Payables<\/p>\n<p>Notes: The account of the recoverable tax is derived from the tax rate if it is not defined here.<\/p>\n<p><strong>Case : 3<\/strong><\/p>\n<p>Nature of Tax: Deferred to payment tax point<\/p>\n<p>Debit Account: Tax Expense<\/p>\n<p>Recoverability  Nonrecoverable<\/p>\n<p>Credit Account: Payables<\/p>\n<p>Notes: \u00a0\u00a0&#8211;<\/p>\n<p><strong>Case: 4<\/strong><\/p>\n<p>Nature of Tax: Deferred to payment tax point<\/p>\n<p>Debit Account : Interim Tax<\/p>\n<p>Recoverability: Recoverable<\/p>\n<p>Credit Account: Payables<\/p>\n<p>Notes: \u00a0\u00a0Until payment, the recovery for these taxes is very deferred. The tax account of the interim is credited on payment with a debit to the account of tax recovery.<\/p>\n<p><strong>Case: 5<\/strong><\/p>\n<p>Nature of Tax: \u00a0Self-assessed<\/p>\n<p>Debit Account: Tax Expense<\/p>\n<p>Recoverability: Nonrecoverable<\/p>\n<p>Credit Account: Tax Liability or Recoverable<\/p>\n<p><strong>Case: 6<\/strong><\/p>\n<p>Nature of Tax: \u00a0Self-assessed<\/p>\n<p>Debit Account: Tax Liability or Recoverable<\/p>\n<p>Recoverability: Recoverable<\/p>\n<p>Credit Account: Tax Liability or Recoverable<\/p>\n<p>Notes: These taxes are to be paid and assessed by the first-party company. Instead of the payaone ble account, the credit is posted to the tax liability.<\/p>\n<p><strong>Case: 7<\/strong><\/p>\n<p>Nature of Tax: Offset tax<\/p>\n<p>Debit Account: Tax Liability or Recoverable<\/p>\n<p>Recoverabilitamountverable<\/p>\n<p>Credit Account : payables<\/p>\n<p>Notes : &nbsp;&nbsp;Always, offset taxes are hundred percent recoverable. These taxes are defined with an invoice distribution, and a negative rate with a negative amount is created. The payables amounts between the offset tax and base tax are negated. What remains is the debit to tax recovery or tax expense and negative debit to tax account of liability.<\/p>\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.gologica.com\/course\/oracle-fusion-financials\/\"><img decoding=\"async\" width=\"800\" height=\"175\" src=\"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/Oracle-Fusio.jpg\" alt=\"ORACLE FUSION FINANCIALS \n\" class=\"wp-image-7546\" srcset=\"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/Oracle-Fusio.jpg 800w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/Oracle-Fusio-460x101.jpg 460w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/Oracle-Fusio-768x168.jpg 768w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/Oracle-Fusio-100x22.jpg 100w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/Oracle-Fusio-600x131.jpg 600w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/Oracle-Fusio-120x26.jpg 120w, https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/Oracle-Fusio-310x68.jpg 310w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><\/figure>\n<p><strong>3. Prepayments: <\/strong>While the applied amount handling for a tax can be recalculated, on the prepayment application, the taxes are recalculated. The difference in the tax amount between the invoice and prepayment is posted to the account of the tax difference. Depending on the amount change, negative or positive, the amount is either debited or credited to this account. Partially, if the tax is recoverable, only the tax non-recoverable amReceipt-matchedto the tax difference. The account of tax difference is applicable only while there is prepayment one-to-one full application to the invoice-recoverables&#8217;s a difference in the tax amount that is involved.<\/p>\n<p><strong>4. Receipt matched invoices: <\/strong>The only difference in accounting between receipt-matched invoices and regular payables invoices is receipt-matched which taxes of non-recoverable are debited. This amount is debited to the accrual account payables instead of the charge account or expense account. The below process describes the treatment of the accounting for a receipt matched invoice:<\/p>\n<p>Nature of Tax : &nbsp;All taxes<\/p>\n<p>Debit Account: Payables Accrual Account<\/p>\n<p>Recoverability: Nonrecoverable<\/p>\n<p>Credit Account: payables<\/p>\n<p>The treat me transactions for the variances applicable to a matched receipt invoice are the same as a matched purchase order invoice.<\/p>\n<p><strong>Conclusion:<\/strong><\/p>\n<p>Hope this article helps you to know the complete details about the accounting for payables transaction in the Oracle Fusion Applications. If you have any queries, <a href=\"https:\/\/www.gologica.com\/\"><strong>Gologica<\/strong><\/a> is there to help you. Just call us: 82969 60414.<\/p>\n<\/p>\n<p>\ud83d\udc49 <strong>Related Articles:<\/strong><\/p>\n<p>\ud83c\udfaf <a href=\"https:\/\/www.gologica.com\/elearning\/what-is-the-use-of-adobe-analytics\/\">What is the use of Adobe Analytics?<\/a><\/p>\n<p>\ud83c\udfaf <a href=\"https:\/\/www.gologica.com\/elearning\/adobe-target-overview-for-exchange-partners\/\">Adobe Target: Overview for Exchange partners<\/a><\/p>\n<p>\ud83c\udfaf <a href=\"https:\/\/www.gologica.com\/elearning\/adobe-analytics-key-business-requirements-and-key-performance-indicators\/\">Adobe Analytics Key Business Requirements and Key Performance Indicators<\/a><\/p>\n<p>\ud83c\udfaf <a href=\"https:\/\/www.gologica.com\/elearning\/aem-developer-interview-questions-and-answers\/\">AEM Developer Interview Questions and Answers<\/a><\/p>\n<p>\ud83c\udfaf <a href=\"https:\/\/www.gologica.com\/elearning\/important-concepts-of-adobe-marketing-cloud\/\">Important Concepts of Adobe Marketing Cloud<\/a><\/p>\n<p>\ud83c\udfaf <a href=\"https:\/\/www.gologica.com\/elearning\/interesting-things-about-adobe-audience-manager\/\">Interesting things about Adobe Audience Manager<\/a><\/p>\n<p>\ud83c\udfaf <a href=\"https:\/\/www.gologica.com\/elearning\/updated-adobe-target-interview-questions-and-answers\/\">Updated Adobe Target Interview Questions and Answers<\/a><\/p>\n<p>\ud83c\udfaf <a href=\"https:\/\/www.gologica.com\/elearning\/what-are-recommendations-activities-adobe-target\/\">What Are Recommendations Activities? | Adobe Target<\/a><\/p>\n<p>\ud83c\udfaf <a href=\"https:\/\/www.gologica.com\/elearning\/how-adobe-target-works\/\">How Adobe Target Works?<\/a><\/p>\n<p>\ud83c\udfaf <a href=\"https:\/\/www.gologica.com\/elearning\/basics-concepts-of-adobe-analytics-adobe-analytics-tutorial\/\">Basics Concepts Of Adobe Analytics Tutorial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction: In this article, we are going to discuss the accounting involved in the Oracle Fusion Payables. It is a &hellip;<\/p>\n","protected":false},"author":67,"featured_media":7547,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"pmpro_default_level":"","footnotes":""},"categories":[12],"tags":[421,467,391],"coauthors":[349],"class_list":["post-7544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oracle_intervew_questions","tag-oracle-dba","tag-oracle-fusion-financials","tag-oracle-pbcs-training","pmpro-has-access","user-has-not-earned"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Accounting for Payables Transactions in Fusion Applications<\/title>\n<meta name=\"description\" content=\"Oracle Fusion Financials discovers each topic based on the lens of a live or real world example application. They came up with the application of fusion.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accounting for Payables Transactions in Fusion Applications\" \/>\n<meta property=\"og:description\" content=\"Oracle Fusion Financials discovers each topic based on the lens of a live or real world example application. They came up with the application of fusion.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/\" \/>\n<meta property=\"og:site_name\" content=\"GoLogica\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-05T11:37:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-07T12:19:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/About.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"175\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"priyanka dasari\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"priyanka dasari\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/\"},\"author\":{\"name\":\"priyanka dasari\",\"@id\":\"https:\/\/www.gologica.com\/elearning\/#\/schema\/person\/18e1f2ad880623daf280f2943dc4a445\"},\"headline\":\"Accounting for Payables Transactions in Fusion Applications\",\"datePublished\":\"2024-08-05T11:37:17+00:00\",\"dateModified\":\"2025-04-07T12:19:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/\"},\"wordCount\":1188,\"image\":{\"@id\":\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/About.jpg\",\"keywords\":[\"ORACLE DBA\",\"ORACLE FUSION FINANCIALS\",\"Oracle PBCS Training\"],\"articleSection\":[\"Oracle\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/\",\"url\":\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/\",\"name\":\"Accounting for Payables Transactions in Fusion Applications\",\"isPartOf\":{\"@id\":\"https:\/\/www.gologica.com\/elearning\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/About.jpg\",\"datePublished\":\"2024-08-05T11:37:17+00:00\",\"dateModified\":\"2025-04-07T12:19:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.gologica.com\/elearning\/#\/schema\/person\/18e1f2ad880623daf280f2943dc4a445\"},\"description\":\"Oracle Fusion Financials discovers each topic based on the lens of a live or real world example application. They came up with the application of fusion.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#primaryimage\",\"url\":\"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/About.jpg\",\"contentUrl\":\"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/About.jpg\",\"width\":300,\"height\":175,\"caption\":\"ORACLE FUSION FINANCIALS\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.gologica.com\/elearning\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Accounting for Payables Transactions in Fusion Applications\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.gologica.com\/elearning\/#website\",\"url\":\"https:\/\/www.gologica.com\/elearning\/\",\"name\":\"GoLogica\",\"description\":\"E-Learning Portal\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.gologica.com\/elearning\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.gologica.com\/elearning\/#\/schema\/person\/18e1f2ad880623daf280f2943dc4a445\",\"name\":\"priyanka dasari\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.gologica.com\/elearning\/#\/schema\/person\/image\/13985a9230fba6291922117b11059695\",\"url\":\"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/avatars\/67\/5e71eca5810c3-bpthumb.png\",\"contentUrl\":\"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/avatars\/67\/5e71eca5810c3-bpthumb.png\",\"caption\":\"priyanka dasari\"},\"url\":\"https:\/\/www.gologica.com\/elearning\/author\/priyanka\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Accounting for Payables Transactions in Fusion Applications","description":"Oracle Fusion Financials discovers each topic based on the lens of a live or real world example application. They came up with the application of fusion.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/","og_locale":"en_US","og_type":"article","og_title":"Accounting for Payables Transactions in Fusion Applications","og_description":"Oracle Fusion Financials discovers each topic based on the lens of a live or real world example application. They came up with the application of fusion.","og_url":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/","og_site_name":"GoLogica","article_published_time":"2024-08-05T11:37:17+00:00","article_modified_time":"2025-04-07T12:19:34+00:00","og_image":[{"width":300,"height":175,"url":"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/About.jpg","type":"image\/jpeg"}],"author":"priyanka dasari","twitter_card":"summary_large_image","twitter_misc":{"Written by":"priyanka dasari","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#article","isPartOf":{"@id":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/"},"author":{"name":"priyanka dasari","@id":"https:\/\/www.gologica.com\/elearning\/#\/schema\/person\/18e1f2ad880623daf280f2943dc4a445"},"headline":"Accounting for Payables Transactions in Fusion Applications","datePublished":"2024-08-05T11:37:17+00:00","dateModified":"2025-04-07T12:19:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/"},"wordCount":1188,"image":{"@id":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#primaryimage"},"thumbnailUrl":"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/About.jpg","keywords":["ORACLE DBA","ORACLE FUSION FINANCIALS","Oracle PBCS Training"],"articleSection":["Oracle"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/","url":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/","name":"Accounting for Payables Transactions in Fusion Applications","isPartOf":{"@id":"https:\/\/www.gologica.com\/elearning\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#primaryimage"},"image":{"@id":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#primaryimage"},"thumbnailUrl":"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/About.jpg","datePublished":"2024-08-05T11:37:17+00:00","dateModified":"2025-04-07T12:19:34+00:00","author":{"@id":"https:\/\/www.gologica.com\/elearning\/#\/schema\/person\/18e1f2ad880623daf280f2943dc4a445"},"description":"Oracle Fusion Financials discovers each topic based on the lens of a live or real world example application. They came up with the application of fusion.","breadcrumb":{"@id":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#primaryimage","url":"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/About.jpg","contentUrl":"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/2021\/08\/About.jpg","width":300,"height":175,"caption":"ORACLE FUSION FINANCIALS"},{"@type":"BreadcrumbList","@id":"https:\/\/www.gologica.com\/elearning\/accounting-for-payables-transactions-in-fusion-applications\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.gologica.com\/elearning\/"},{"@type":"ListItem","position":2,"name":"Accounting for Payables Transactions in Fusion Applications"}]},{"@type":"WebSite","@id":"https:\/\/www.gologica.com\/elearning\/#website","url":"https:\/\/www.gologica.com\/elearning\/","name":"GoLogica","description":"E-Learning Portal","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.gologica.com\/elearning\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.gologica.com\/elearning\/#\/schema\/person\/18e1f2ad880623daf280f2943dc4a445","name":"priyanka dasari","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.gologica.com\/elearning\/#\/schema\/person\/image\/13985a9230fba6291922117b11059695","url":"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/avatars\/67\/5e71eca5810c3-bpthumb.png","contentUrl":"https:\/\/www.gologica.com\/elearning\/wp-content\/uploads\/avatars\/67\/5e71eca5810c3-bpthumb.png","caption":"priyanka dasari"},"url":"https:\/\/www.gologica.com\/elearning\/author\/priyanka\/"}]}},"_links":{"self":[{"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/posts\/7544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/comments?post=7544"}],"version-history":[{"count":2,"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/posts\/7544\/revisions"}],"predecessor-version":[{"id":65155,"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/posts\/7544\/revisions\/65155"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/media\/7547"}],"wp:attachment":[{"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/media?parent=7544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/categories?post=7544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/tags?post=7544"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.gologica.com\/elearning\/wp-json\/wp\/v2\/coauthors?post=7544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}