Client's requirement is that first invoice would be a
proforma invoice. Second invoice would be Tax invoice.
Presently, we are unable to use this approach of payment?
Answer Posted / satish. botla
When we receive the Pro-forma Invoice we will process for
Gross amount ( with out considering Tax) and we will pay to
the supplier,after receive the TAX invoice for the Pro-
forma invoie we will process the Dummy Credit for the
Proforma invoice and we will process normal Tax invoice
with tax, after that both invoices payment method change to
wire and we will close the manually for our account
purpose.
If the invoice processed based on Purchase Order.
1. Proforma invoie we will process with Gross amount fully
with out tax.
2. when we process the Tax invoice we will process Dummy
Credit with the PO ( in this case total PO amount will go
back )
3. after processing DC we will process normal TAX invoce
and match with net value for the PO.
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
On what different real time issues you worked while doing P2P cycle implementation?
What are the inventory report to check inventory status.
What is gap analysis, how do you defined?
payment types and payment methods.
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?
What kind of budgets have you worked on?
Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.
I am created credit memo in at but while trying to complete it showing error message-hz_party_location
how to do customization while doing oracle implementation. what is the role of functional consultant in customization?
Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?
Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.
please explain with examples the below mentioned "Creating the end to end business scenarios and executing the scenarios to perform the regression testing".
Recurring Problem Posting i have Journals for sep 2018 that i approved but they are not available to post even though the period is open in Oracle R12 Issues
Hi guys, any person available ap,ar material pls send me this mail.id sreenathapps09@gmail.com
what is the difference between before pages trigger and after parameter trigger in reports ?