mahesh trivedi

• Aug 23rd, 2005

 

1. invoice 
2.credit memo 
3. debit memo

vijay

• Sep 1st, 2005

 

they are four more types of transactins in AR

haragha

 Profile Answers by haragha 

• Sep 26th, 2005

 

I know 6 of them in total

1) Charge back

2) Credit memo

3) Debit memo

4) Invoice

5) Guarantee

6) Deposit

Srinivasa Reddy

• Sep 28th, 2005

 

Invoice, Debitmemo, Creditmemo, Chargeback, Deposits, Guarenty, and Bills Recivable.

Shweta

• Oct 19th, 2005

 

Invoice

Debit Memo

Credit Memo

Commitments

Shweta_faqs

 Profile Answers by Shweta_faqs Questions by Shweta_faqs

• Oct 19th, 2005

 

1. Invoice

2. Debit Memo

3. Credit Memo

4. Commitments

siva kumari

• Nov 2nd, 2005

 

there are 7types of transactions are there in receivables:

1.invoice

2.debitmemo

3.on-account credit

4.creditmemo

5.bills receivables

6.commitment

7.chargebacks

shravan kumar kota

• Dec 23rd, 2005

 

In in version(11.5.9 and 10) one more is added.

bills of marital

prasant

• Feb 20th, 2006

 

thks swetha

sudeepthi

 Profile Answers by sudeepthi 

• Apr 24th, 2006

 

There are 6 different types of transactions they are as fallows

1)Invoice(salesinvoices)

2)  debitmemo(increases the suppliersbalance)

3) creditmemo(decreases the suppliers balance)

4) deposits(increases the suppliersbalance)

5)guarentee

6)chargebacks(increases the suppliersbalance)

note: deposits and guarantee are also called as commitment transactions

Vicky

• Feb 7th, 2007

 

There are only 6 types of transactions available1) Invoice (Bill customer for products and services)2) Debit memo (Bill customers for products or services that were not included on the original invoice)3) Credit memo (Credit customers (On-account credits do not refer to specific invoices.))4) Deposits (Bill customers for contractual agreements)5) Guarantee (A contractual agreement that is referenced by invoices (Bill customers for the items on the invoice, not the guarantee.))6) Chargeback (Adjust the remaining balance of an existing debit item to zero, and create a new debit item to bill customer for unpaid balance of original invoice.)

Sunil Kardam

• Sep 17th, 2007

 

Hi,
I want to know that is the Commitments in AR.
I have never used and even hearded this word before.

would u tall me what is the navigation to make a commitment transaction in Ar.
and why we used this.

Regards
Sunil Kardam
 

bhavana.

 Profile Answers by bhavana. 

• Nov 4th, 2011

 

There are 6 types of transactions

1)Invoice(salesinvoices)

2) debitmemo(increases the suppliersbalance)

3) creditmemo(decreases the suppliers balance)

4) deposits(increases the suppliersbalance)

5)guarentee

6)chargebacks(increases the suppliersbalance)
7) Bills Receivable

note: deposits and guarantee are also called as commitment transactions

Suresh Mishra

• Nov 22nd, 2012

 

Commitments
Deposits
When you enter a deposit, Receivables creates the following journal entry:

DR Receivables (Deposit)
CR Offset Account
Use the AR: Deposit Offset Account Source profile option to determine how Receivables derives the Offset Account to credit for this deposit.
When you enter an invoice against this deposit, Receivables creates the following journal
entries:
DR Receivables (Invoice)
CR Revenue
CR Tax (if you charge tax)
CR Freight (if you charge freight)
DR Offset Account (such as Unearned Revenue)
CR Receivables (Invoice)
When you apply an invoice to a deposit, Receivables creates a receivable adjustment against the invoice. Receivable uses the account information that you specified in your AutoAccounting structure to create these entries.
When cash is received against this deposit, Receivables creates the following journal
entry:
DR Cash
CR Receivables (Deposit)
Guarantees
When you enter a guarantee, Receivables creates the following journal entry:
DR Receivables
CR Revenue
Receivables uses the Receivable Account and Revenue Account fields on this guarantee’s transaction type to obtain the accounting flexfields for the Unbilled Receivables and Unearned Revenue accounts, respectively. When you enter an invoice against this guarantee, Receivables creates the following
journal entry:
DR Receivables (Invoice)
CR Revenue
CR Tax (if you charge tax)
CR Freight (if you charge freight)
DR Revenue
CR Receivables
When you apply an invoice to a guarantee, Receivables creates a receivable adjustment against the guarantee. Receivable uses the account information you specified in your AutoAccounting structure to create these entries. When cash is received against this guarantee, Receivables creates the following journal
entry:
DR Cash
CR Receivables (Invoice)

sruthi

• Mar 16th, 2015

 

By using auto invoice automatically generate accounting entries for receivables
By using auto lock box we can create receipts creation automatically

sudha

• May 30th, 2017

 

7 types of invoices we can see in AR module. Like Standard Invoice, Debit Memo and Credit Memo, Deposit Invoice, Guarantee, Charge Back Invoice and Accounts Receivables.