What is charge backs in receivable ? and what type of
entries it will come ?

Answer Posted / surendra

Charge back is the process of reducing the balance of the
customer. We can reduce the balance by using creditnote
also. but it is when the customer has not done the payment.
once the customer done the payment we cann't use the credit
memo. there we have to use charge back. it also usefull in
case of bad debts, when osme of the customer became
insolvent or they are not able to pay their due, in those
case we use this.

Is This Answer Correct ?    5 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl

2010


What is the procedure for requition import?

1889


could you please post some work around that any body have done in the financial modules.

1661


explain your project plan with exam pal? i am preparing inter view .............

1955


Explain Customization process?

1492






What is Work Flow of AP,AR, Sales & Purchase

2001


What are the types of setups in apps inventory module

1906


how to do customization while doing oracle implementation. what is the role of functional consultant in customization?

2176


I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.

1464


explain with examples what r the roles & Responsiblities of a functional consultant who reviews the Test Scripts, Test Cases and Test Execution Results of AP, FA and GL.

2078


What is multi org? What is difference between 11i and 12i multi org structure?

646


Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?

1951


What is the Invoicing System in Oracle R12

945


Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?

1593


Write Test Scripts for a telecummunication project on the basis of priority with some examples with regard to AP,GL,FA.

1730