Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What is meant by void payments?

Answers were Sorted based on User's Feedback



What is meant by void payments?..

Answer / kranthioracle

void means useless.

u can use void funtion after payment of invoice, so when u
void a payament payables automatically reverses the
accounting.

void payments restrictions
--------------------------
1. when payment paid by third party.
2. when payment got clearence from bank
3. when the related invoices has prepayment to it.
4. partially paid .

Is This Answer Correct ?    20 Yes 5 No

What is meant by void payments?..

Answer / anil s

Void Payment means that once the payment is posted and u
can't edit the entry, In this case you void the entry by
doing reversal and the effect is zero and then you enter the
new entry as per the requirement.

Is This Answer Correct ?    12 Yes 1 No

What is meant by void payments?..

Answer / mahesh

Void Payment :

Void payment is nothing but Cancel the payment.

Is This Answer Correct ?    7 Yes 0 No

Post New Answer

More Oracle Apps Financial Interview Questions

what is the use of matching tab in payables options in Payables module?

1 Answers   Genesis,


Is FA Supports Multi _org?

1 Answers  


what is the main difference between the MRC and Revaluation? can any one tell me.

5 Answers   Wipro,


Scenario: I have 3 AR invoices. 1. Inv1 - $1000 2.Inv2 - $2000 3. Inv3 - $3000 I am ceating receipt for $6000 against the 3 above invoices. Question: Can I reverse the receipt $2000 for Inv2 alone? If so How can I do that? please help.

2 Answers   Accenture,


What is internal-external bank (account)? Suppliers bank account? Inernal-external sales order? In AP, do you settup each supplier with its own account or you just use your expense/charge account for all supplier.Whatif you want to know how much money you paid to a particular supplier?

2 Answers  


Difference between quick payment and manual payment?

2 Answers   ICICI,


What are the mandatory flexfiels used in FA?

3 Answers  


In GL Module When does the GL_BALANCES Table Hit ?

4 Answers   Satyam,


Can anybody explain different types of asset depreciation method with an simple example.?

1 Answers  


how service tax work.

0 Answers   Ernst Young,


Purpose of Payable invoice open interface?

1 Answers  


Difference b/w Item Expense a/c, Material A/c & Expense A/c@Inventory org level?

1 Answers   Infosys,


Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (793)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (114)