How to auto-apply already existing receipt to newly created invoice?
Hi,
May you please help me to understand what standard functionality is existing in Oracle Receivables (R12.1.3.)?
Situation:
1. AR Invoice is already existing (let's say amount of 100 USD)
2. AR Receipt gets created later on for bigger amount (let's say of 1000 USD).
3. We have a customization created that loads and creates such receipts as well as applies receipt to the invoice. In the example provided, receipt gets applied to invoice 100 USD and there is 900USD unapplied for the receipt.
4. Later on new invoice in 900 USD get fed for the same Customer but such invoice is not being applied to existing receipt automatically. Currently business team is processing such invoice manually when applying receipt to the invoice (900USD was left as unapplied previously). Business team is looking to automate the application process so they wouldn't need to work manually on this task.