Credit Memo Applied to an Invoice with Deferred Accounting Rule having a Rule Start Date in a Closed Period does not Reverse the Revenue account (Doc ID 1595415.1)

Last updated on MAY 08, 2017

Applies to:

Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

Credit memo raised against an invoice with deferred accounting rule  and rule_start_date in closed period and either recognized fully or partially, does not reverse the Revenue account and the credit memo only contains an unearned revenue distribution row for the full amount

AR: Use Invoice Accounting For Credit Memos: Yes

EXPECTED BEHAVIOR
-----------------------
Expect the Credit memo to have  the Unearned account records and also the Rev records

Steps to Reproduce:
1) Create an AR invoice with deferred accounting rule  and rule_start_date in closed period. This should contain revenue account records
2) Create an credit Memo for the previously created invoice.
3) Now the Credit memo will have only the Unearned account records and not the Rev records.

Changes

 

Cause

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