Why Credit Memo Was Created Automatically ?
(Doc ID 2872622.1)
Last updated on AUGUST 08, 2024
Applies to:
Oracle Fusion Project Billing Cloud Service - Version 11.13.21.10.0 and laterInformation in this document applies to any platform.
Goal
Qn1:On : 11.13.21.10.0 version, Manage Contract Billing
Credit Memo created automatically
Example of usecase:
Credit Memo created automatically without any credit/cancel action from user.
Credit Memo created automatically - NOV-2128410
Credit Memo Amount : (-28,573.80) USD
Latest Funding : 245,270.73 USD
Total Invoiced Amount : 253,770.73 USD
Last Billing Event Amt : 28,573.80 USD
The project funding/ budget reduced from 253,770.73 USD to 245,270.73 USD. Can it cause to create the credit memo?
In that case what is the reason behind credit amount 28,573.80 USD.
PFA the attached document for screenshot.
Qn2:Which are the steps in case business wants to generate invoice worth only $500.00 not 20,073.8 USD, so that 19,573.80 remains available for further invoicing.
Solution
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In this Document
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