open invoice in AR

[harikumarc1981@rediffmail]

Version R12/11i? =
Instance PROD/TEST/VIS? =
Module? =
OS? =


hi, what is open invoice in AR 11 i


thanks

[karthikeyanp1981]

Irrespective of any version, following is the logic behind ....
For every receipt you record in receivables there are two activities involved,
1) Creation of Transaction
2) Creation of Receipt for the above transaction.
If both the activities are complete, then such a transaction is considered as Closed ....
If there is a transaction for which we have not made any receipt so far ... it is to be stated as Open Transaction, till the receipt for the same is done.

[harikumarc1981@rediffmail]

[quote]Irrespective of any version, following is the logic behind ....
For every receipt you record in receivables there are two activities involved,
1) Creation of Transaction
2) Creation of Receipt for the above transaction.
If both the activities are complete, then such a transaction is considered as Closed ....
If there is a transaction for which we have not made any receipt so far ... it is to be stated as Open Transaction, till the receipt for the same is done.


<i><div align="right">Originally posted by karthikeyanp1981