Financial - JDE1 (MOSC)

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Supplier Refund issue

edited May 21, 2010 12:18PM in Financial - JDE1 (MOSC) 1 commentAnswered
  How do you receipt a refund received from a supplier?

we currently do this via:

1. Enter a credit note/debit memo on the supplier account in AP (thus correcting the VAT declaration)

2. Raise a negative manual payment to record the credit note/debit memo as settled

However, the details on the negative manual payment record a fictious negative cheque number, making bank reconciliation more difficult. Further "negative payment" is completely wrong.

Does anyone have any better solutions in order to accomplish the requirement? Should we ask Oracle to undertake a modifcation to record receipts against suppliers, in the AP ledger?

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