Accentuals Consulting’s Founder and Managing Director, Jacqueline Camphor, will be speaking at COLLABORATE 15: Technology and Applications Forum for the Oracle Community. COLLABORATE 15 will be held in Las Vegas, Nevada, April 12-16, 2015 at the Mandalay Bay Resort and Casino. Camphor is scheduled to present the whitepaper entitled “Implementing the Oracle Purchasing Receipt Accruals Period-End Process” on April 16 at 8:30 a.m.
The Oracle Purchasing Receipt Accruals Period-End Process enables the accrual of expense items which have been received but not billed. The process starts with a review of the purchase orders that are flagged for receipt accrual to the accounting of the uninvoiced receipts to the reversal of transactions to prepare
the next period for the receipt accrual process cycle. This session will walk attendees through each of the steps required to complete the purchasing receipt accrual process:
- Setup of accounting defaults
- Create purchase orders
- Receive items
- Run Uninvoiced Receipts Report
- Close Payables
- Rerun Uninvoiced Receipts Report
- Submit the Receipt Accruals – Period-End process
- Create accounting and transfer journal entries to the General Ledger
- Manage Purchasing periods.
“Oracle offers a myriad of standard functionality that users may leverage to improve their accounting processes; the purchasing receipt accruals process is just one of many. I am elated to present a topic that has helped our clients run a more efficient purchasing accounting cycle without customization, and I hope the attendees leave with some great takeaways,” says Jacqueline Camphor.
About Accentuals Consulting, LLC: Headquartered in Houston, Texas, Accentuals Consulting, LLC is an Oracle partner and trusted solutions-focused leader, passionate partner professional, and informed educator in the world of finance and accounting. Accentuals provides leading practices in optimizing business operations from improving core processes to leveraging application technology. Accentuals is WBE and MBE certified with the City of Houston. It is also HUB certified in the state of Texas.