How to Write off Invoice

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

How to Write off Invoice

Post by oracleapps1983 »

Can any tell me how to write off Invoice in Payables

Thanks
AmanKhan
Posts: 387
Joined: Wed Sep 26, 2007 2:51 am
Location: Pakistan

Post by AmanKhan »

Cancel the invoice if validated and accounted.

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

Post by oracleapps1983 »

Hi Amankhan

Half of the payment is done for the rest of the balance i want to writeoff
AmanKhan
Posts: 387
Joined: Wed Sep 26, 2007 2:51 am
Location: Pakistan

Post by AmanKhan »

Can u plz explain the actual scenario... y u want to write off the half invoice...?

I dont think that after making partial payment we can write of the remaining invoice balance.

Either u can void or cancel the invoice and in each case apply to complete invoice not to half invoice.

If the invoice is created by mistake for excess amount then cancel the invoice and and create new invoice with actual amount (half payment).

Plz correct if we can write off the remaining invoice after partial payment?

thanks,
jairam.apps
Posts: 48
Joined: Mon Jul 07, 2008 7:52 am
Location: India

Post by jairam.apps »

Hi,

Create a debit/credit memo and adjust the remaining amount.


Regards,
Jayram.
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