Interested to Buy Any Domain ? << Click Here >> for more details...
What is charge backs in receivable ? and what type of
entries it will come ?
- 4 Answers
- 35147 Views
- IBM, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sunil kumar
Adjust the remaining balance of an existing debit items to
Zero and create a new Debit item to bill customer for
unpaid balance of original invoices. (
Dr..ChargeBack and
Cr….Receivable (Invoice)
| Is This Answer Correct ? | 24 Yes | 3 No |
Answer / 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 |
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 |
charge back means decreasing the liability of a customer. it
will be done if the customer has done some payments towards
the invoices. there are some other options are there.
i.e.creation of credit memo. but it can be apply only when
the customer has not done payment.
| Is This Answer Correct ? | 4 Yes | 8 No |
Why does an accounting period doesnot appear in the accounting periods list of values on the journal entry form?
Explain TCA Architecture ?
What is ment by projection?
In AR module What is the difference between Debit Memo and Credit Memo ?
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
Can somebody provide me the GL and AP implementaton guide
Payment void is disabled for only one specific payment. what will be the problem..if any idea Please guide me
Can we implement MRC at payables?
What is the order in setting up GL ? Which comes first - COA, Calendar & Currency ?
What is Difference between Internal Sales order and Intercompany Sales order ? How they are Different in 11i and R12
what r issues faced in gl
How can we Integrate AP,AR,CM & FA to GL? What is the procedure need to fallow as a functional consultant?
Oracle Apps Technical 
