ERPstuff - Oracle EBS Community

Hi Group and Admin

Can u Explain the procedure of

1. Refund to Cutomer and Supplier

2. How the accounts effected and knocked off.

3. Which scenarios will be used.

Urgent.

Thanks

for refund to customer u need to make a negative receipt in ar module .it cash management module it will be picked as a payment transaction for reconciliation purpose
when we get refund from supplier we can enter a negative payment agst the supplier.
entry will be reversed in both case to balance the accounts