E1: 03B: How To Process Deductions (P03B40, F03B40, F03B41)
(Doc ID 1485186.1)
Last updated on FEBRUARY 27, 2019
JD Edwards EnterpriseOne Accounts Receivable - Version XE and later Information in this document applies to any platform.
Overview of Deductions
A deduction can be used in Accounts Receivable to record an underpayment made by a customer or a declaration from the customer that they intend to make an underpayment. A customer might reduce the amount of a payment for unknown reasons, or for reasons that might be associated with a specific invoice or a group of invoices, such as damaged goods. Deductions are usually taken by customers as compensation or for the lack of products or services. Some common reasons that a customer might take a deduction are:
Damaged or defective merchandise.
Shortages in a shipment.
This document is intended for users who are setting up and processing deductions in Accounts Receivable.
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