How To Write-Off Prepayments Amount in case of Excess Amounts ?
Last updated on MAY 15, 2018
Applies to:Oracle Receivables - Version 12.0.0 and later
Information in this document applies to any platform.
ARXRWMAI Receipts form
Customers buys goods and pay before delivery via credit card.
This is done via Order Management and customer uses Prepayment to create Receipt before Invoices are created .When Prepayment Matching program is run, the Receipts get applied to Invoice.
In case there is excess amount, the same appear in Receipt as Prepayment.
Due to this Receipt remain open and appear in Unapplied and Unresolved Receipts Register.
Need to write off this Small pending Amount.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms