Accounting for Chargebacks AR ? R12
Posted: Sun Sep 19, 2010 2:57 pm
<b>Accounting for Chargebacks
</b>
Utilizing the release 11i application functionalities you can view the accounting that was performed on the above transactions with the following navigational steps. This will give you a detail look at the Accounting that was performed for both the Original Debit Item and the Chargeback that was generated including the drilling down to the chargeback adjustment and chargeback adjustment reversal levels. Please follow the following navigational steps to see both the Accounting and T-Accounts.
<b>Original Invoice Accounting:</b>
1. Original Invoice Accounting:
a. Navigation Steps: Collections>Account Details
b. Enter the Original Invoice number in the Trans Num column and click Find.
c. Click on Details for this Original Invoice.
d. Click within the Tool Bar Tools>View Accounting
e. If you wish to see the T-Accounts for this Transaction click on T-Accounts Button.
2. Original Invoice Receipt Application Accounting
a. Navigation Steps: Collections>Account Details
b. Enter the Original Invoice number in the Trans Num column and click Find.
c. Click on Activities for this Original Invoice.
d. Select the Receipt that was applied to the invoice.
e. Click on Details
f. Click within the Tool Bar Tools>View Accounting
g. If you wish to see the T-Accounts for this Transaction click on T-Accounts Button.
3. Original Invoice Chargeback Adjustment Accounting
a. Navigation Steps: Collections>Account Details
b. Enter the Original Invoice number in the Trans Num column and click Find.
c. Click on Activities for this Original Invoice.
d. Select the Chargeback Adjustment that was applied to the invoice.
e. Click on Details
f. Click within the Tool Bar Tools>View Accounting
g. If you wish to see the T-Accounts for this Transaction click on T-Accounts Button.
4. Original Invoice Chargeback Reversal Accounting
a. Navigation Steps: Collections>Account Details
b. Enter the Original Invoice number in the Trans Num column and click Find.
c. Click on Activities for this Original Invoice.
d. Select the Chargeback Adjustment Reversal if this original invoice had a Chargeback reversal performed
e. Click on Details
f. Click within the Tool Bar Tools>View Accounting
g. If you wish to see the T-Accounts for this Transaction click on T-Accounts Button.
<b>Chargeback (Invoice) Accounting:</b>
1. Chargeback Accounting:
a. Navigation Steps: Collections>Account Details
b. Enter the Chargeback number in the Trans Num column and click Find.
c. Click on Details for this Chargeback.
d. Click within the Tool Bar Tools>View Accounting
e. If you wish to see the T-Accounts for this Transaction click on T- Accounts Button
2. Chargeback Adjustment Reversal against the Chargeback:
a. Navigation Steps: Collections>Account Details
b. Enter the Chargeback number in the Trans Num column and click Find.
c. Click on Activities for this Chargeback.
d. Select the Chargeback Adjustment Reversal for this Chargeback.
e. Click within the Tool Bar Tools>View Accounting
f. If you wish to see the T-Accounts for this Transaction click on T-Accounts Button.
Mahmoud Maher
http://oraclefinancial.wordpress.com/
</b>
Utilizing the release 11i application functionalities you can view the accounting that was performed on the above transactions with the following navigational steps. This will give you a detail look at the Accounting that was performed for both the Original Debit Item and the Chargeback that was generated including the drilling down to the chargeback adjustment and chargeback adjustment reversal levels. Please follow the following navigational steps to see both the Accounting and T-Accounts.
<b>Original Invoice Accounting:</b>
1. Original Invoice Accounting:
a. Navigation Steps: Collections>Account Details
b. Enter the Original Invoice number in the Trans Num column and click Find.
c. Click on Details for this Original Invoice.
d. Click within the Tool Bar Tools>View Accounting
e. If you wish to see the T-Accounts for this Transaction click on T-Accounts Button.
2. Original Invoice Receipt Application Accounting
a. Navigation Steps: Collections>Account Details
b. Enter the Original Invoice number in the Trans Num column and click Find.
c. Click on Activities for this Original Invoice.
d. Select the Receipt that was applied to the invoice.
e. Click on Details
f. Click within the Tool Bar Tools>View Accounting
g. If you wish to see the T-Accounts for this Transaction click on T-Accounts Button.
3. Original Invoice Chargeback Adjustment Accounting
a. Navigation Steps: Collections>Account Details
b. Enter the Original Invoice number in the Trans Num column and click Find.
c. Click on Activities for this Original Invoice.
d. Select the Chargeback Adjustment that was applied to the invoice.
e. Click on Details
f. Click within the Tool Bar Tools>View Accounting
g. If you wish to see the T-Accounts for this Transaction click on T-Accounts Button.
4. Original Invoice Chargeback Reversal Accounting
a. Navigation Steps: Collections>Account Details
b. Enter the Original Invoice number in the Trans Num column and click Find.
c. Click on Activities for this Original Invoice.
d. Select the Chargeback Adjustment Reversal if this original invoice had a Chargeback reversal performed
e. Click on Details
f. Click within the Tool Bar Tools>View Accounting
g. If you wish to see the T-Accounts for this Transaction click on T-Accounts Button.
<b>Chargeback (Invoice) Accounting:</b>
1. Chargeback Accounting:
a. Navigation Steps: Collections>Account Details
b. Enter the Chargeback number in the Trans Num column and click Find.
c. Click on Details for this Chargeback.
d. Click within the Tool Bar Tools>View Accounting
e. If you wish to see the T-Accounts for this Transaction click on T- Accounts Button
2. Chargeback Adjustment Reversal against the Chargeback:
a. Navigation Steps: Collections>Account Details
b. Enter the Chargeback number in the Trans Num column and click Find.
c. Click on Activities for this Chargeback.
d. Select the Chargeback Adjustment Reversal for this Chargeback.
e. Click within the Tool Bar Tools>View Accounting
f. If you wish to see the T-Accounts for this Transaction click on T-Accounts Button.
Mahmoud Maher
http://oraclefinancial.wordpress.com/