A debit memo reversal must be used to reverse the receipt if the receipt ____________.
A.
is non-invoice related
B.
has an open claim associated with it
C.
has been reconciled in Cash Management
D.
has a remitted credit card refund application
Explanation:
You must create a debit memo reversal under each of these circumstances:
* 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.
* You are reversing a receipt with a remitted credit card refund application.
* 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