Applying Receipts to the Invoice is offsetting "Inter Company Fund Account" instead of "Un-Applied R
In R12.1.3, The SLAM attached to the Receivables Subledger is “Receivables Default Accrual”. The COA has Following segments
FUND > DEPARTMENT > SERVICE > ACCOUNT > RESERVED
FUND – Balancing Segment
SERVICE – Cost Center Segment
ACCOUNT – Natural Account Segment
When we apply a RECEIPT to the Invoice then the "Inter Company Fund account" is offset before posting the receipt to the CASH Account. As per Oracle User Guide "Unapplied Receipts" Account should be used in Receipt Accounting.
FUND – Balancing Segment
SERVICE – Cost Center Segment
ACCOUNT – Natural Account Segment
When we apply a RECEIPT to the Invoice then the "Inter Company Fund account" is offset before posting the receipt to the CASH Account. As per Oracle User Guide "Unapplied Receipts" Account should be used in Receipt Accounting.
Receipt Method is defined correctly. But the Intercompany account which is defined in the Accounting Setup manager is being picked up.
Q1. Why the Receivables Receipt Accounting is not offsetting the
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