Considerations for Invoice Reversal and Rebill Scenarios
In Oracle Joint Venture Management, you can reverse an invoice if needed, for example if a partner was billed incorrectly or if a change to a partner’s ownership percentage was made retroactive.
If a partner contribution was used to pay for an invoice that was reversed, the reversal process automatically adds the amount back to the partner contribution. If the partner is rebilled with a different amount according to the partner’s adjusted ownership percentage, then the available partner contribution amount can be used to cover the rebilled amount.
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