What is Debit Memo & Credit Memo in Payables?
Answer Posted / sheetal
debit memo is issued when we want money from supplier and
supplier issues credit memo.
debit memo for under payment and credit memo for over
payment.
| Is This Answer Correct ? | 5 Yes | 5 No |
Post New Answer View All Answers
I am working on PPR process to print checks. Currently the checks are printing for each supplier, supplier site and payment method group. My requirement is the invoice level one DFF is available (like A and B are the input values). Please let me know how include this DFF at invoice grouping level.
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
Write Test Scripts for a telecummunication project on the basis of priority with some examples with regard to AP,GL,FA.
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
There is employee X and employee Y (who is supervisor of X); when Y submits expenses how will the system ensures that this should not go to X even if he has the approval authority.
difference between 11i&r12
What is the use of mo: security profile, while configure multiorg?
Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.
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.
What is meaning of deprecation?
In Subinventories Form, how to enable the Locator Control. A message displayed when changing the drop down list "FRM-40200: Field is protected against update.
Hi guys, any person available ap,ar material pls send me this mail.id sreenathapps09@gmail.com
What is the procedure for requition import?
can we define 2 different currency revaluation at a time??
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.