The purpose of the CancelAcknowledgeReceiveable is to transmit data to create a receivable open item in a receivable application from the billing information generated in an order management application. The CancelAcknowledgeReceiveable may also update the General Ledger, depending on the specific architecture of the accounting application.

The scope of the CancelAcknowledgeReceiveable is to create a BOD to recognize customer obligation (accounts receivable asset). Specific transactions include:

1. Sales Invoice
2. Credit Memo
3. Debit Memo
4. Charge Back

The CancelAcknowledgeReceiveable may also be used for transaction that do not originate from an order management application.

The following two models illustrate that the CancelAcknowledgeReceiveable may, in some cases, be adequate to update the financial applications, i.e., Receivables and General Ledger, and in other cases, will also require the PostJournal Business Object Document (BOD) to assure the General Ledger account balances are updated.