Insert Dropdown List into the Debit Memo and eSign it in minutes

Aug 6th, 2022
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How to Insert Dropdown List into the Debit Memo

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welcome to the series of videos on Oracle Fusion receivables in this session lets see how we can create a debit memo transaction but before we begin with lets try to understand the concept of debit memo debit memo have a similar concept as that of an invoice but unlike credit memos debit memos are not linked to any particular invoice transaction as the whole idea behind creating a debit memo is to increase the customer outstanding balance then why create a debit memo instead of an invoice as both ultimately increases the customer outstanding balance this is because debit memo would mean that we build you short in our invoice and with reference to our previous transaction we are billing you with a remaining amount now like say you have bailed your customer short on a particular invoice transaction with regards to quantity or there has been retrospective change in price against a particular invoice or or you need to charge interest to your customer on a particular invoice billing trans

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Click the Index tab and type Debit Memos or Credit Memos in the search field. Click Debit Memos or Credit Memos in the list displayed and select one of the listed options.Resolution Select A/R, Transactions, Debit Memos. Enter the date and reference. Select the down arrow next to Apply to.
Creating a Debit Memo Customers name, address, and communication details. Your Companys name, address, and communication details. Tax Details of your company as well as the other company. Item Description, Quantity, Rate per unit, Total Taxable value. Invoice Number and Invoice date. Details of the transactions.
How? In the Home window, click Customers Sales on the navigation pane. In the Tasks pane, right-click the Sales Invoices icon and select Debit Note and then Create Debit Note from the menu.
Debit Memo Go to the Vendors menu and choose Enter Bills. Select the Credit radio button. From the Vendor field, select the vendor who sent the refund. In the Credit Amount field, enter the amount of the refund. Select the Expense tab. In the Account field, select the account used on the original Bill.
The debit memo is usually issued in the same format used for an invoice. When issued, debit memos typically appear on the monthly statements of outstanding accounts receivable that are sent to customers.
Creating a Debit Memo Customers name, address, and communication details. Your Companys name, address, and communication details. Tax Details of your company as well as the other company. Item Description, Quantity, Rate per unit, Total Taxable value. Invoice Number and Invoice date. Details of the transactions.
Select Sales Order Main menu Invoice Data Entry. In the Invoice No. In the Invoice Type field, select Debit Memo or Credit Memo, as appropriate. To apply the debit or credit memo to a specific invoice, in the Apply to Inv # field, select the invoice number to apply the debit or credit memo to.

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