Turkey Financials - Credit memo/Negative Invoice
Hello,
We are implementing Turkey Financials (AP/PA/AR/GL/OTL/iEXP) and have the below requirement:
Legally an organization cannot issue a credit memo/note/negative invoice to its customers in Turkey . So if an organization issues an invoice with wrong amount to a customer then user cannot just credit the invoice in system and issue a new invoice with the correct amount. Instead the customer will bill back the organization (supplier) by sending an invoice (called “Returned Invoice”) with the incorrect amount and then the organization issues another invoice with the correct amount to the customer.
Now we know that we cannot restrict credit memo and negative invoices in Projects, as Projects will automatically produce them in the case of moving the time from one project/task to another etc.