Receipt with Unapplied

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 ).
Post Reply
nadh.oracleapps@yahoo.com
Posts: 63
Joined: Sat Nov 21, 2009 6:59 am
Location: India

Receipt with Unapplied

Post by nadh.oracleapps@yahoo.com »

Dear Members,

Suppose there is Receipt Created Last Month and Applied this months Invoice. Will there be any Issue.

I know only Customer Balance will get effect.

Thanks
karthikeyanp1981
Posts: 463
Joined: Thu Nov 09, 2006 4:50 pm
Location: India
Contact:

Post by karthikeyanp1981 »

This is a genuine business transaction, one can receive a receipt for a customer keep it as unapplied or on Account, and later when a transaction is created for that customer in future, the onaccount/unapplied receipt will be applied to that transaction.
There should not be any issues.. R u facing any issue ?

Regards,
Karthikeyan
Post Reply

Who is online

Users browsing this forum: No registered users and 2 guests