Answer Posted / narayana.chinni
Hi All,
Prepayment refund can be done in the below way
Prepayment: 300000
Invoice: 150000
Refund :150000
Create prepayment of 300000 and apply inoive 150000 to the prepayment
Then the remaining 150000 amount should be refunded, so create a invoice for 15000 by giving refund account in thr disdtribution level and then create Credit memo worth 150000.
Apply credit memo to the invoice, pay both invoice and credit memo. Thus prepayment refund id done
Is This Answer Correct ? | 0 Yes | 4 No |
Post New Answer View All Answers
SLA usage ans how to define setups?
Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?
payment types and payment methods.
How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?
Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?
what is the steps to customization ?
what is the use of hr: security profile, while configure multiorg?
We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?
What do you mean by controlling buyers workload?
What is Reporting of financial data in a project.
What is the use of gl set of books name, while configure multiorg?
What is the entry in oracle apps ap,ar,gl for following transations1.one pipe purchase at rs.1002.one pipe sales at rs.150
There is employee X and employee Y (who is supervisor of X); when Y submits expenses how will the system ensures that this should not go to X even if he has the approval authority.
Provide an overview of AR cash receipt processing.
What is Difference between Auto Copy Journal and recurring journal?