Process Reversed Cost Distributions to Create Credit Memos

For invoiced distributions that were reversed, you must create credit memos in Receivables to back out the amounts in the invoices. Then you must update the credit memo information back into Joint Venture Management.

The following table describes the processes that you must run to create credit memos for receivables invoices:

Process	Description	Link to Process
Process Joint Venture Adjustments - Create Invoices for Joint Venture Distribution Reversals	A joint venture accountant runs this process to send the reversed cost distributions to the Receivables interface table in preparation for credit memo creation.	Prepare Reversed Distributions for the Creation of Credit Memos
Import AutoInvoice	An accounts receivable manager runs this process to create credit memos for the reversed distributions that were sent to the Receivables interface table.	Create Credit Memos for Joint Venture Receivables Invoices
Process Joint Venture Adjustments - Update Receivables Credit Memo Information in Distributions	A joint venture accountant runs this process to update the credit memo information from Receivables back into Joint Venture Management.	Update Credit Memo Information in Oracle Joint Venture Management
CreateAccounting	A user with the General Accounting Manager role (ORA_GL_GENERAL_ACCOUNTING_MANAGER_JOB) runs this process to create accounting entries in Receivables.	Create Accounting
Post Subledger Journal Entries	An accounts receivable manager runs this process or uses any of the post applications to post the credit memos to Oracle Fusion General Ledger.	Post Subledger Transactions to the General Ledger
Create Joint Venture Invoices and Journal Entries - Update Accounting in Invoices	A joint venture accountant runs this process to store information to retrieve the partner account and receivable account from posted credit memos to the associated reversed distributions. The accounted credit memos are available for reporting or subsequent processing, for example, to create reverse cost adjustments in Project Costing.	Update Accounting Information for Posted Joint Venture Invoices