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Guarantee in Oracle Receivables
Guarantee in Oracle Receivables: Oracle Receivables supports two types of commitments with our customers: 1. Deposit: Customer commits to buy certain goods from us within a certain time range. He pays the amount upfront and we use it until we run out. 2. Guarantee: Customer commits to buy a certain dollar amount from us over…
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Deposits in Oracle Receivables
Deposits in Oracle Receivables: Oracle Receivables supports two types of commitments with customers: 1. Deposit: Customer commits to buy certain goods within a certain time range and pays the amount upfront. 2. Guarantee: Customer commits to buy a certain dollar amount over a specified time period. We track their sales to see if they actually…
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Chargebacks in Oracle Receivables
Chargebacks in Oracle Receivables: You create Chargebacks when you wish to close the original invoice which the customer has partially paid and create a new invoice for the remaining amount that the customer has to pay yet. For example, your customer sends payment of $75 for a $100 invoice. You can apply the receipt to…