Hi,

Unfortunately, I did not fully understand what you want to ask.  However, what will be the accounting to be held on the opposite side, will be entirely the responsibility of the other party.

The sample accounting I mentioned in my document shows the cases of giving and receiving advances for one side. But when one party gives a payment, the other party receives payment. Hence, you can think reciprocally about give and receive accounting.

Best Regards,

Kemal

Dear Bharat,

I do not know.

In fact, I have prepared this document to send to our tax advisors to check whether the method I propose is appropriate from accounting point of view. In the method I have applied using AR activities, several additional personalization needs to be done in order to be implemented in a controlled manner. For example; The customer who is paying for a flexfield to be opened during the various advance payment entry must be selected. Also, controls must be added to ensure that the adjust activitiy on the invoice is an appropriate advance payment already received. But these controls can be provided by simple personalizations that are not very complex.

Note: The method shown in this document is only my suggestion. I do not know if Oracle sees this method as a convenient method.

Best Regards,