Last updated on MARCH 08, 2017
Applies to:Oracle Project Billing - Version 12.1.3 and later
Information in this document applies to any platform.
Using new Advance functionality in Oracle Projects customer is unable to have the advance payment automatically apply to the invoice.
You can select Advance Required on an agreement and record advance payments as they are made. On this agreement, you can enter funding only up to the amount of advance payments.
When the invoice is interfaced from Project Billing into Receivables, the prepayment does not reduce the Advance balance on the Agreement form when invoice is generated.
Is this current functionality?
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