ERPstuff - Oracle EBS Community

Suppose I give him a Party of Rs.102/-. Supplier Invoice Value is Rs.100/-. So we refund to party Rs.2/-.

How it is entry in ERP?

Hello.

Your question is not clear, so i don't know if this is the answer you're looking for.
You are mentioning Supplier, so i believe you made a Prepayment in the amount of Rs 102 and now you receive the invoice in the Rs 100 amount, so your supplier sends you Rs 2 to balance the account.
If this is the case, your Prepayment still shows an unnaplied amount of Rs 2 so you should enter a dummy invoice for this amount and apply the rest of the prepayment to it. For the refund, enter a Debit Or Credit Memo for Rs 2 and pay it. The system will automatically change the payment to Refund.

Octavio

Octavio is absolutely right.

Sandep: If you have paid Rs.102, they why are you refunding Rs.2 to the supplier? Only the supplier should refund Rs.2

Cheers,
Saravanan TG

Dear,

We can raise the Debit memo to party and take the refund from payment form.

Anil

Hi Sandip

You can also enter the invoice with fully amount 102 then make a debit memo with 2 then use the refund function in the payment form.

Thanks
Hisham