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consolidated billing in AR 11i
Posted: Tue Nov 17, 2009 12:16 pm
by harikumarc1981@rediffmail
Version R12/11i? =
Instance PROD/TEST/VIS? =
Module? =
OS? =
hi, can any one tell me
1. what is consolidated billing in AR 11 i
2. what is open invoice in AR 11i
thanks
Posted: Wed Nov 18, 2009 6:27 am
by oteixeira
Hello.
Consolidated Billing
Use the Consolidated Billing Invoice program to print a single, monthly bill that includes all of a customer?s transactions for the period. This lets you send one consolidated bill to a customer, instead of a separate invoice for each transaction.
Open Invoice
When you create a Transaction Type if Open Receivable is set to Yes, Receivables updates your customer balances each time you create a complete debit memo, credit memo, chargeback, or on-account credit with this transaction type. Receivables also includes these transactions in the standard aging and collection processes.
If you are defining a 'void' transaction type, set Open Receivable to No.
Hope this helps.
Octavio