When is a credit memo reason required?
You must enter a credit memo reason when you release a nonstandard invoice, such as a credit memo, cancellation, concession, or write-off, for a contract business unit that requires a credit memo reason.
When you submit the Transfer Invoice Details to Receivables process, the credit memo reason is transferred to Oracle Fusion Cloud Receivables.
Note:
Oracle Fusion Cloud Receivables contains the values for credit memo reasons.