PeopleSoft Grants and PeopleSoft Project Costing-Related Invoice Correction Example

The following example demonstrates the PeopleSoft Grants and PeopleSoft Project Costing-Related Invoice Correction functionality.

An invoice that contains charge errors is created. To correct the erroneous invoice, a credit and rebill is completed. Invoice A in the example reflects the charges on the original invoice. Invoice B represents the credit invoice. Invoice C reflects the charges on the rebill.

Billing Activity	Invoice A	Invoice B	Invoice C
Supplies	800.00	(800.00)	800.00
Equipment	400.00	(400.00)	400.00
Total	1,200.00	(1,200.00)	1,200.00

A journal entry adjustment is completed and sent to PeopleSoft Billing. Invoice C now contains the following additional bill activity:

Invoice C Billing Activity	Invoice C Amount
Supplies	800.00
Equipment	400.00
Equipment (from journal entry)	(400.00)
Total	800.00