Allocation of credit notes against cash
I'm hoping someone can help.
We have two companies set up on oracle within 1 group.
Company A needs to raise a credit note to Company B. This credit note isnt related to any invoices and wont be allocated to any invoices.
Company B can record the credit note they received onto their purchase ledger but again this isnt related to any invoices from company A. When company B is doing the payment run to company A the credit note shouldnt be taken into account - can this be allocated against a debit note?
Company A will do a cash transfer to company B to settle the credit note. So Company A would like to somehow allocate the credit note against the payment they make to company B. Company B would like to allocate the cash they receive against the credit note on the purchase ledger