Understanding Credit Reimbursements in a Foreign Currency

Credit reimbursements are used to reclassify credits in the JD Edwards EnterpriseOne Accounts Receivable system to open vouchers in the JD Edwards EnterpriseOne Accounts Payable system. When you generate credit reimbursements, the system pays open credit memos and generates vouchers to reimburse the customer.

You use the data selection to specify the records in which to create reimbursements. The system creates reimbursements only if the amount is a credit (negative). Credit reimbursements are generated based on groupings by customer, company, and currency.