Process Reversed Revenue Distributions to Create Debit Memos

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

Note: If revenue reversals are included in the invoice netting setup of your joint venture definition, the invoicing process automatically includes them in the net invoice calculation, eliminating the need for debit memos. This table does not apply to such reversed revenue distributions. See Define Information to Create Net 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 create debit memos for joint venture payables invoices.	Create Debit Memos for Reversed Revenue Distributions
Create Accounting	A user with the General Accounting Manager role (ORA_GL_GENERAL_ACCOUNTING_MANAGER_JOB) runs this process to create accounting entries in Payables.	Create Accounting
Post Subledger Journal Entries	An accounts payable manager runs this process or uses any of the post applications to post the debit memos to Oracle General Ledger. Skip this step if the Create Accounting process was set up to automatically post to General Ledger.	Post Subledger Transactions to the General Ledger
Create Joint Venture Invoices and Journal Entries - Update Accounting for Invoices	A joint venture accountant runs this process to update the partner account and liability account from posted debit memos to the associated reversed distributions. The accounted debit memos are available for reporting.	Update Accounting Information for Posted Joint Venture Invoices