Receivables - EBS (MOSC)

MOSC Banner

Unapplied Receipt account (GL) shows Debit balance for a customer

edited Aug 10, 2015 2:32PM in Receivables - EBS (MOSC) 2 commentsAnswered

Following accounting takes place on entering receipt:

Cash                          Dr

Unapplied Receipt A/c        Cr

Receipt applied to invoice: Unapplied Receipt A/c      Dr

Receipt is fully applied: Unapplied Receipt A/c balance becomes  NIL

There doesnt seem to be a way the unapplied receipt A/c balance can be net Debit.

However one of our customers have a net Dr balance in Unapplied Receipt A/c.

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center