Sreekanth Reddy Pothula's Oracle ERP Blog

If Payables Options "Recalculate Scheduled Payments" is set to Yes, then the invoice validation will change the payment schedule based on the following: Case 1 : If Invoice IS NOT PO matched: =============================== a) The Start Date is the most recent date of the following:  Invoice Date on the invoice header. Terms Date on the invoice header. Goods Received Date on the invoice header. b) The Payment Term is the Payment Term on the invoice header. Case 2 : If Invoice IS PO matched: =========================== a) The Start Date is the most recent of the following: Invoice Date on the invoice header. Terms Date on the invoice header. Goods Received Date on the invoice header, PO received date. b) The Payment Term is the most favorable of the following:    Payment Term on the invoice header    Payment Term on the Purchase Order. Note: If you just want to use the invoice header information to calculate the payment schedule (not the PO information), p

Case 1 : Steps to match a credit memo to a matched invoice: ================================================= Create PO, Quantity = 100, unit price = 1, Save it and approved it. Create an invoice for amount = 100, Match to the PO, Save it and validate it. Create a credit memo for amount = -100, On the header, still set Match Option = PO, Then press the Correction button, Then fill in the Invoice number which is matched to the PO, Then press Find button, Then fill in correction Amount = -100, Press Correct button, A corrected invoice line and distributions will be auto created for you. Case 2 : Steps to match a credit memo to a non-matched invoices: ====================================================== Create an invoice for amount = 100, Not match, Save it and validate it. Create a credit memo for amount = -100, Set Match Option = Invoice on the header, Press Corrections button, Only can find non-matched invoices to be corrected. Find Documents for Co