How To Close Intercompany Invoice (Doc ID 1965566.1)

Last updated on JUNE 21, 2017

Applies to:

Oracle Fusion Financials Common Module - Version 11.1.8.0.0 and later
Oracle Fusion Financials Common Module Cloud Service - Version 11.1.8.0.0 and later
Information in this document applies to any platform.

Goal

 Problem Summary
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How to close Intercompany Invoice

Problem Description
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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?

Solution

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