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

Answer Posted / john pasha shaik

Charge Back is used to postpone the payment date of the
customer.It cancels the open Invoice and generated the new
invoice with the new payment date.

Accounting entry:
Receivables Account Dr..
Receivables Account Cr..

Is This Answer Correct ?    9 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the meaning of purchase default and what are the types

1676


We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?

1565


Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.

1782


When we run a GL Reconciliation Report, we also see the void payments in that report. Even though i disable the option of Show Void payments, its appearing in the report.How do i proceed so that i dont see those void payments in the GL Reconciliation Report?

2460


Re: what are the Issue that we face in Gl,PO and AP while Supporting

1842






1.what is the name of program to create invoice automatic from po.? 2.How to auto upload the bank statement? 3.PO tax has not flown to invoice . why? Debit memo not generated for return of goods.??

2962


What is Difference between Auto Copy Journal and recurring journal?

1299


We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie

2156


difference between primary ledger and secondary ledger in r12

1094


Can I do a payment of 50 bills on a post date. If yes, then how?

1314


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

986


What is meaning of deprecation?

618


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

2010


What are the types of setups in apps inventory module

1906


What is the use of gl set of books name, while configure multiorg?

645