Transaction Type account explaination required

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akumar.oracle
Posts: 195
Joined: Sat May 31, 2008 1:29 pm
Location: India

Transaction Type account explaination required

Post by akumar.oracle »

Hi i am trying to understand various account usage linked to Transaction Type screen in Receivables in 11.5.10.2 instance.

Can anyone please explain me below accounts. And most importantly for specific class(
1. Invoice
2. Chargeback
3. Credit Memo
4. Debit Memo
5. Deposit
6. Guarantee
)
which accounts(
1. Receivable Account
2. Revenue Account
3. Unbilled Receivable Account
4. Tax Account
5. Freight Account
6. Clearing Account
7. Unearned Revenue Account
)

in Transaction Type <span id='hl' style='background-color: yellow'>need</span id='hl'> to be specified.

Please help i am trying to figure it out for quite some time.. but as i dont have accounting background unable to understand it clearly

regards
Arvin
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