Answer / guest

there are two types of prepayments

Permanent
Temporary

If you make permanent prepayment u cant apply it to any
invoice

If you make Temporary prepayment to close the transaction u
have to apply it to an invoice

Answer / raghu kalavendi

Two types of Prepayment

Permanent Temporary

Cannot adjust to invoice an be adjusted to invoice

Can be converted to Temporary Can be converted to Perm
if no adjustment exists

For a prepayment to be adjusted it has to be fully paid.

Multiple installments are supported

Answer / yoga reddy

There are two types of prepayments:
Temporary and Permanent.

Temporary prepayments can be applied to invoices or expense reports you receive.
For example,you use a Temporary prepayment to pay a hotel a catering deposit. When the hotel's invoice arrives, apply the prepayment to the invoice to reduce the invoice amount you pay.

Permanent prepayments cannot be applied to invoices.
For example, you use a Permanent prepayment to pay a lease deposit for which you do not expect to be invoiced.

What is Interest Invoice and how it can be created?

1 Answers  

---

How should we manage Open balances of accounts while importing legal systems to Oracle at the time of implementation?

0 Answers   Wipro,

---

What difference between Approval Hierarchy and Employee Hierarchy ?

3 Answers   IBM,

---

What are the different calendars used in FA Module?

1 Answers  

---

In What scenerio intercompany and mass- allocation journal can be used in business?

2 Answers   Genisys, Rolta,

---

What is the purpose of secondary tracking Flexfeild Qualifier

1 Answers   Evosys,

---

Where is the method of Supplier Number set? At what level is the supplier numbering controlled?

1 Answers  

---

What is write off in payables? When do we use?

2 Answers   Genesis,

---

What is gap analysis, what are the pre-requisities?

0 Answers  

---

can you explain about RD-20,MD-50,TE-40,BR-40 under aim methodoloty what it consists, how do you prepare them

2 Answers   Tech Mahindra,

---

What Are Important Reports In AP,AR?

3 Answers   Wipro,

---

What is the use of auto create?

2 Answers  

---