Answer Posted / ramu
first create mixed invoice remain prepayment amount & then
apply that invoice to prepayment. create debit memo agst
that invoice & make payment ...
accounting entry will be
1)prepayment invoice entry
prepayment 100
to liability 100
2) make payment
liability 100
to cash clearing
3) std invoice
item exp 60
to liability 60
4)Apply the std invoice to prepayment
liability 60
to prepaymnet 60
5)remain prepayment we have to create Mixed invoice
item exp 40
to liability 40
6) apply mixed invoice to prepayment
liability 40
to prepayment 40
7)Crete DM agst mixed invoice
liability 40
to item exp 40
8) make payment
cash clearing 40
to liability 40
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What are the types of setups in apps inventory module
Provide an overview of AR cash receipt processing.
What is the use of mo: security profile, while configure multiorg?
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.
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.??
Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.
How to do the analysis of discounts lost and fixing the root cause?
I have created an invoice and made the payment in Accounts payable. Now the payment status is Negotiable and accounting status is processed. I reconciled the transaction in Cash Mgmt, The status changed from negotiable to Reconciled in CM. I checked the payment status for the invoice in payment window(AP), the payment status changed to RECONCILED UNACCOUNTED i.e correct but the accounting status is remain processed which is not the correct. I hope the transaction will be correct if the accounting status would have changed to PERTIAL . Please suggest any solution for the above query.
Explain about Localization (IND & US ) in Oracle Apps ?
what is the meaning of purchase default and what are the types
What do you mean by Category Set ? and what is its Relevance ?
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.
How to refund for a customer who returns goods and wants a refund for $600 in R12 In above scenarios customer does not want Credit Memo or On- Account Credit, he wants refund check . and as we know we do not issue check from AR. How can we issue Check from AP and how offsetting is done for the same in R12
what is VAT claim process?
What is automation of accounts payable activities (evaluated receipt settlement)?
