1. Get rid of all advertisements and get unlimited access to documents by upgrading to Premium Membership. Upgrade to Premium Now and also get a Premium Badge!

AP Refund-Invoice not able to see in Receivable

Discussion in 'Oracle Financials' started by krishna, Jun 4, 2015.

  1. krishna

    krishna Active Member

    Messages:
    8
    Likes Received:
    0
    Trophy Points:
    75
    Location:
    Hyderabad
    Hi

    I have issue, for AP refund process,

    Create a Pre-Payment to supplier was 15000.00 (A)
    Standard Invoice 13000.00(B)
    Prepayment applied to standard invoice 13000.00(C)
    Avaiable Pre pament (A-C) 2000
    Create Dummy Invoice& Apply to prepayment 2000 (D)
    Avaiable Pre payment(A-C-
    Create Dr Memo
     
  2. erp.narendrag

    erp.narendrag Forum Expert

    Messages:
    108
    Likes Received:
    17
    Trophy Points:
    655
    Location:
    India
    Hi Krishna,

    Create one Dummy Supplier and Create Check & select the contra entry Account code in distributions.
    then create one Debit Note in AR and select the Contra entry Account Code.

    Let me know, if you have any issues.

    Regards,
    Narendra
     
  3. hussein.ahmed

    hussein.ahmed Active Member

    Messages:
    2
    Likes Received:
    3
    Trophy Points:
    85
    Hello,

    please do the below steps to manage your issue:

    1- Create a mixed invoice with a single line (Zero amount).
    2- Click (B) Action, and check apply & Unapply prepayment.
    3- select the checkbox apply on invoice.
    4- Save your work
    5- Validate the invoice (Invoice should be in negative amount)
    6- Click (B) Action, and select Pay in full to refund the amount remaining from the supplier.


    Regards,
    Hussein
     
  4. Rasesh

    Rasesh Active Member

    Messages:
    1
    Likes Received:
    1
    Trophy Points:
    60
    Location:
    Dubai
    1- Create a mixed invoice with a single line (Zero amount).
    2- Click (B) Action, and check apply & Unapply prepayment.
    3- select the checkbox apply on invoice.
    4- Save your work
    5- Validate the invoice (Invoice should be in negative amount)
    6- Go to Payment -> Make a payment.
     
    Sadik likes this.