Hello Experts / Dina,
Oracle claims that there is new feature of creating credit memo On Account can be done by using Oracle Projects billing with R12.1.3 only.
For the same they say that:-
The Interface Invoices to Receivables process creates credit memo as On Account Credit Memo when the following conditions are satisfied:
1> The Allow Over Application option is set to No in Oracle Receivables and the Create On Account Credit Memo option is enabled in Oracle Projects and
2> There is no balance available to adjust on the invoice
But I am not sure where to perform the setup mentioned on line 1 of setting up Create On Account Credit Memo option is enabled in Oracle Projects.
Does anyone know about it ? Is it a profile option or setup on someother screen. Please help.