miscellaneous receipts in receivables

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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eswar_chinni
Posts: 32
Joined: Mon Mar 12, 2007 4:08 am
Location: India

miscellaneous receipts in receivables

Post by eswar_chinni »

please give me detailed information about miscellaneous receipts in receivables
P_MANMOHAN
Posts: 79
Joined: Sat Sep 01, 2007 12:48 pm
Location: India
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Post by P_MANMOHAN »

Hi,
In receivable v raise misc. receipts against without any transaction. Like raising a receipt when u receive interest on bank deposit, debentures on shares etc. For these thing v wont require any transaction.

V raise receipt by selecting Recipt Type as Miscellaneous.
mpdhas@gmail.com
Posts: 64
Joined: Mon May 14, 2007 9:47 am
Location: India

Post by mpdhas@gmail.com »

Hi,

Misc. receipt is raised generally for non trade receipts. It is used for creating entries for discount, bank charges, fund transfer .... For creating misc receipt Receivable Activity should be created and attached against the receipt. Normal receipt is assigned with the customer. Here it is not linked with the customer.
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