Which three scenarios require a debit memo reversal?

Which three scenarios require a debit memo reversal?

Which three scenarios require a debit memo reversal?

A.
To reverse a miscellaneous receipt

B.
To reverse a receipt that has a chargeback with an adjustment against it

C.
To reverse a receipt with remitted credit card refund application

D.
To reverse Receipt A that was applied to Receipt B and where the reversal draws balance of
Receipt B positive

E.
To reverse Receipt A that was applied to Receipt B and reversal would draw balance of Receipt B
negative

Explanation:
You must create a debit memo reversal under each of these circumstances:
* (B) You are reversing a receipt from which you have created a chargeback, and this chargeback has
had activity against it, such as another receipt, a credit memo, or an adjustment.
* (C) You are reversing a receipt with a remitted credit card refund application.
* (E) You are reversing a receipt (Receipt A) that was applied to another receipt (Receipt B), if the
reversal would draw the balance of Receipt B negative.

Fusion Applications Help, Debit Memo Reversals: Points to Consider



Leave a Reply 0

Your email address will not be published. Required fields are marked *