Last updated on APRIL 17, 2017
Applies to:Oracle Receivables - Version 11.5.8 to 188.8.131.52 [Release 11.5.8 to 11.5.10]
Information in this document applies to any platform.
This note is consolidated into Note 1110573.1, Troubleshooting Credit Memos in Receivables
1. Customer orders goods worth $100 with payment terms of 5/1, Net 2
2. Invoice for amount $100 with No tax is created in AR through Autoinvoice
3. Customer pays within a day and takes the 5% discount, i.e. pays $95
4. Customer returns all goods, RMA is issued from OM for
the original order, $100.
5. Autoinvoice runs in AR and a credit memo for $100 is created..
The RMA/Credit Memo is created for the whole amount as that of invoice(i.e., $100)
not taking the discount($5)into account , and the net result is the
customer is given more credit than what they actually paid.
Also, if Tax is involved, it credits tax after discount amount.
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