What is charge backs in receivable ? and what type of
entries it will come ?
Answer Posted / 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 |
Post New Answer View All Answers
how service tax work.
Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?
What is Reporting of financial data in a project.
Difference between header level tax calculation and line level tax calculation
Explain about Localization (IND & US ) in Oracle Apps ?
How do u bridge the gaps in functional understanding of AP,GL,FA. explain with some live examples.
What are register in India localisation?
What do you mean by Category Set ? and what is its Relevance ?
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
What do you mean by controlling buyers workload?
HI, once we create the standard invoice then we can get journal entry item expense a/c-dr to liability a.c then item it will reflect through inventory, but liability a/c . it will reflect from GL , it is possible .
Explain Customization process?
encumbrence set ups?
What is the Invoicing System in Oracle R12
What is the use of operating unit, while configure multiorg?