Hi,
Anyone describe me about Credit Memo and Regular Credit Memo in Oracle Receivables.
<b>Oracle Receivables</b> ---> <b>Transactions</b> ---> <b>Transactions</b>
insert new transaction select <b>Class</b> ---> Credit Memo
and then select <b>Type</b> ---> CREDIT MEMO or Regular Credit Memo
Regard
Faisal Iqbal Sheikh
difference b/w CM and regular CM
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- Posts: 30
- Joined: Fri Nov 10, 2006 3:15 am
- Location: Pakistan
Hi,
When u r going to make sales in the product or services to the customer, that time you have to create a normal invoice?.isn?t?
In case customer is return some product, due to some reasons ie. Damage product?. ?and so on
In this situation only you will raise credit memo with negative amount and adjust your original invoice?..
You can raise Credit memo in 2 ways
One is,
Directly raise credit memo with negative amount??.
Then go to action(toolbar) ??click credit?.it will move to credit form?
Here you mention the amount or %?.
Once this process is over the customer balance is get adjusted?..
Second is,
First you find the invoice, to which one you are going to raise credit memo against the invoice??..
Navigation
Transaction
When u r going to make sales in the product or services to the customer, that time you have to create a normal invoice?.isn?t?
In case customer is return some product, due to some reasons ie. Damage product?. ?and so on
In this situation only you will raise credit memo with negative amount and adjust your original invoice?..
You can raise Credit memo in 2 ways
One is,
Directly raise credit memo with negative amount??.
Then go to action(toolbar) ??click credit?.it will move to credit form?
Here you mention the amount or %?.
Once this process is over the customer balance is get adjusted?..
Second is,
First you find the invoice, to which one you are going to raise credit memo against the invoice??..
Navigation
Transaction
-
- Posts: 30
- Joined: Fri Nov 10, 2006 3:15 am
- Location: Pakistan
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