Deduction, Chargeback, and Small Balances Write Off Types
The deduction and chargeback types determine the general ledger account toward which the respective deduction, chargeback, or small balances write off amount is charged or credited. Before applying deductions, chargebacks, and small balance write offs, you must create respective deduction, chargeback, and small balance write off types.
Creating a Deduction, Chargeback, or Small Balances Write Off Type
Create deduction, chargeback, or small balances write off type from the Deduction and Chargeback page.
To create a deduction, chargeback, or small balances write off type:
-
Go to Deduction Management > Setup > Deduction and Chargeback Type > New.
-
From the Type list, select the desired type.
-
In the Name field, enter the name of the deduction, chargeback, or small balances write off type.
-
From the Item list, select the non-inventory or other charge item that you want to associate to the type.
-
Note:
If you set the Class, Department, and Location as mandatory in the Accounting Preferences, you must add values in those fields in the accounting item records. Accounting items such as non-inventory or other charge item that you select should not have promotions configured to it.
-
From the Subsidiaries list box, select the subsidiaries to which you want to apply the deduction, chargeback, or small balances write off type.
-
Click Save.