Payables Credit Memo matched to a Purchase Order is not getting interfaced to Projects

Summary:

Unable to transfer a credit memo matched to a PO (with a project) to project costs to adjust a capitalized asset

Content (required):

I found the following in an article on Oracle Support for R12, can anyone confirm if it is still applicable to cloud release 23B?

 "Payables Credit Memo matched to a Purchase Order is not getting interfaced to Projects in R12

Cause : The Accrue at receipt flag is checked for the matched PO distribution. In R12 with such a setup, cost can be interfaced to Projects only from receipts and not from Invoices.

Solution : Create a receipt against the PO distribution and interface the same to Projects "