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How To Close Intercompany Invoice (Doc ID 1965566.1)

Last updated on JULY 31, 2020

Applies to:

Oracle Fusion Financials Common Module Cloud Service - Version and later
Oracle Fusion Financials Common Module - Version and later
Information in this document applies to any platform.


 Problem Summary
How to close Intercompany Invoice

Problem Description
When we create an intercompany batch in AGIS, and we use it to create a credit memo batch, AGIS will not create a credit memo in AR, it creates a standard invoice with a negative amount. I'm not really sure how we should get this invoice to status paid, since it is not possible to create a negative standard receipt, and it is also not possible to create a refund.

What I did now is close it with an adjustment on the invoice and a miscellaneous receipt. I am wondering if there is an easier way?


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