Oracle Receivables Refund - Oracle R12 Financials New Features

[@davep2626]

Abdullah - on this tutorial, they show the creation of a Receipt and the application of the refund that way. What we do to balance everything is create a Credit Memo for the amount and apply the Refund against that - this will balance out your Customer info. Good Luck!

[@riskasyahfitri1897]

Hi, i used oracle R12.2.9, and i hv try to refund invoices AR, but somehow the party site not created at invoice AP that make accounted not balance, how to fix it.? thanks you

[@magdalenasanchezkrawiec3437]

How can I find later that refund?

[@salmanaldrees9271]

I usually refund Credit Notes using this method, However, sometimes in our business we refund as many as 20 Credit Notes to the same client, is there a way to select multi credit notes and refund them all at once ? like using Miscellaneous or something like that.. it would be really helpful if you can help me on that.

[@padmasenthil4595]

using R12 Receiavable refund, Did you find out how to do third party automated refund? I am having difficult to do electronic refund when the purchase is made by check/cash.

[@KarinaHenriquez]

HI, do you know if I can create refunds with payment method Electronic or ACH?

[@zhangjingjackiez]

This is very useful! Thank you for sharing!

[@AbdullahNatsheh]

Why the customer statement customer balance is not updated according to the refund process (after testing I found that the customer balance is same)

[@chintan01]

using this functionality, how to do third party automated refund?

[@chintan01]

Use third party payee functionality in ap. But it's not link with Oracle ar

[@yaseenkhan285]

thx