Thursday, February 3, 2011
Oracle Receivables Transaction Classes
Below list will give you the different types of Transaction classes available in Oracle Apps Receivables. Breif description was also given.
| Class | Description |
| Invoice | Bill customers for products or services |
| Credit memo | Credit customers (On-account credits do not refer to specific invoices. |
| Debit memo | Bill customers for products or services that were not included on the original invoice |
| Deposit | Bill customers for contractual agreements |
| Guarantee | A contractual agreement that is referenced by invoices (Bill customers for the items on the invoice, not the guarantee.) |
| Chargeback | Adjust the remaining balance of an existing debit item to zero, and create a new debit item to bill customer for unpaid balance of original invoice. |
Do you think this Article is useful?
Subscribe to:
Post Comments (Atom)
1 Responses to “Oracle Receivables Transaction Classes”
March 21, 2014 at 7:02 AM
Very simple and clarity in understanding
Post a Comment