You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Intercompany Transaction Reversal (AR Credit Memo) for Partial Amount

Received Response
edited May 8, 2023 12:19PM in General Ledger & Intercompany 2 comments


Intercompany Transaction Reversal (AR Credit Memo) for Partial Amount

Content (required):

Business created IC Transaction for 1000 INR and imported to AR/AP subledgers. Business wants to reverse partial amount in upcoming months or next year.

Example: 400 wants to reverse by referring original IC Transactions. Currently If I reverse the batch and entire amount would be reversed and don't have option to change the amount for Partial Amounts.

Pls suggest the way to achieve my requirement as business might have submitted original transaction with higher amount so want to correct only partial amount.

There is an option to create Stand Alone IC Credit memo Transaction but reference won't be there with original transactions.

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!