Misc Transactions with Eg for Payables and Receiva

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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oracleapps1983
Posts: 256
Joined: Thu Aug 07, 2008 3:48 am
Location: USA

Misc Transactions with Eg for Payables and Receiva

Post by oracleapps1983 »

Dear Members

Wanted Examples for Misc Transactions for Payables and Receivables modules.

Regards
Oracleapps1983
oteixeira
Posts: 451
Joined: Wed Aug 27, 2008 12:34 pm
Location: Portugal

Post by oteixeira »

Hello.

Receivables-> Miscellaneous Receipts

In Payables i don't know a transaction type that fits the "Misc" type. Mixed or Standard invoice type can be "Misc" transactions, depending on the goal you want to achieve.

Octavio
oracleapps1983
Posts: 256
Joined: Thu Aug 07, 2008 3:48 am
Location: USA

Post by oracleapps1983 »

Thanks Oteixeria

For Misc Payments - Interest Detected will be treated by Payables module.

For Misc Receipts - Interest Credited will be created by Receivables Module.

What i said is Correct?

Regards
Oracleapps1983
oteixeira
Posts: 451
Joined: Wed Aug 27, 2008 12:34 pm
Location: Portugal

Post by oteixeira »

Hello.

Can you please explain what do you mean with "Interest Detected" and "Interest Credited"?

Octavio
oracleapps1983
Posts: 256
Joined: Thu Aug 07, 2008 3:48 am
Location: USA

Post by oracleapps1983 »

Hi oteixeira

Interest Debited means collected for Over Draft.
Interest Credited means for Cash deposited.

Or Think in the way like Bank charges for not maintaining balance.

Regards
Oracleapps1983
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