Home » Applications » Oracle Fusion Apps & E-Business Suite » Refund from employee
Refund from employee [message #242024] Thu, 31 May 2007 07:27 Go to next message
srikanthreddy1
Messages: 21
Registered: April 2007
Location: Hyderabad
Junior Member

Hi everybody,

We paid Rs.5000 to employee (prepayment) he spent Rs.4000 now he is resigned the company.Now how can i refund rest Rs.1000 from employee.
This is the situation in payaple how we can set up.can you please tell me through steps.

Thanks

Srikanth
Re: Refund from employee [message #242245 is a reply to message #242024] Fri, 01 June 2007 04:34 Go to previous messageGo to next message
vin_odks
Messages: 153
Registered: July 2006
Location: -
Senior Member
Laughing

Steps
1) Catch hold of the employee (by the collar)
2) Ask him "GIVE THE MONEY BACK"
3) Once money is collected, raise Debit Memo and match them with the prepayment!!

Hope this solves your problem Laughing


Regards
Vinod
Re: Refund from employee [message #242264 is a reply to message #242245] Fri, 01 June 2007 07:37 Go to previous messageGo to next message
prashant_pathak
Messages: 263
Registered: February 2006
Location: California,US
Senior Member
Really...good solutions.... Laughing
Re: Refund from employee [message #242625 is a reply to message #242245] Mon, 04 June 2007 06:37 Go to previous messageGo to next message
kumar_apps
Messages: 51
Registered: November 2006
Location: hyderabad
Member
Laughing
dynamic solution to a great question........
applaud
Re: Refund from employee [message #246350 is a reply to message #242625] Wed, 20 June 2007 12:52 Go to previous message
bosekoushik
Messages: 1
Registered: June 2007
Junior Member

creat payment as Payment types as refund. Then creat standard invoice for the expenses and apply the prepayment on that invoice. The accounting entries being generated are
Bank
To Prepayment

Expenses
To liability

Liability
To prepayment
Previous Topic: Looking for HRMS Specialist in Geneva
Next Topic: Oracle Applications Technical Manager / Architect - Atlanta GA
Goto Forum:
  


Current Time: Wed Dec 07 14:16:42 CST 2016

Total time taken to generate the page: 0.15983 seconds