Importing Credit Memos
When you import credit memos against transactions, AutoInvoice ensures that the Open Receivables flag of the credit memo being imported matches the Open Receivables flag of the transaction it is crediting.
Credit Memos Against Invoices With Rules
When you import credit memos against invoices with rules, AutoInvoice uses the method you entered in RA_INTERFACE_LINES.CREDIT_METHOD_FOR_ACCT_RULE to determine how to reverse the accounting entries created for the original invoice. You can either enter 'LIFO', 'PRORATE', or 'UNIT'. If you choose 'LIFO', AutoInvoice reverses the accounting entries beginning with the last period. If you choose 'PRORATE', AutoInvoice prorates the credit amount across all accounting periods. If you choose 'UNIT', AutoInvoice lets you credit specific quantities, starting with the period specified in the column REVENUE ACCOUNTING_INTERFACE_LINES.LAST_PERIOD_TO_CREDIT and working backwards.
Credit Memos Against Invoices Without Rules
When you import credit memos against invoices without rules, AutoInvoice first uses the general ledger date in the interface table as the general ledger date of the credit memo. If you do not pass a general ledger date, AutoInvoice uses the default date you specified in the Submit Requests window. The credit memo lines must always have the same general ledger date as the credit memo.
The credit memo general ledger date must be equal to or greater than the general ledger date of the invoice you are crediting. Also, the credit memo general ledger date must be in an 'Open' or 'Future' period.
Credit memos against invoices without rules that are imported through AutoInvoice behave the same as those entered manually through the Credit Memos window. For example, you pass the amount you want to credit and Receivables automatically creates all the accounting reversal entries. Receivables also automatically reverses the sales and non-revenue credit assigned to your salespeople.
Credit Memos Against Tax and Freight Lines
When you import credit memos, AutoInvoice ensures that you do not overapply your tax and freight lines.
See Also
Invoices with Rules
Finance Charges
Determining Dates
