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TitleOracle Receivables
File Size2.0 MB
Total Pages77
Document Text Contents
Page 1

Oracle Receivables Implementation - Functional & Technical Overview
Ranu Srivastava http://apps2fusion.com



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Parties...................................................................................................................................................4

DQM : ..............................................................................................................................................6
Merging Parties & Customer Account................................................................................................7
Party reports.......................................................................................................................................7
Defining Setup Options......................................................................................................................7

Optional Customer Profile setup.....................................................................................................7
Required Customer Profile setup....................................................................................................8

AR Transactions (Invoices) .................................................................................................................8
Transaction Classes......................................................................................................................10
Correcting Invoices ......................................................................................................................12
Printing Transactions ...................................................................................................................12
Generating statements ..................................................................................................................12
Consolidated Invoice....................................................................................................................13
Transaction Types : AR -> setup -> Transaction type .................................................................13
Calculating Tx on Invoives ..........................................................................................................14

Process Invoices .................................................................................................................................14
Transactions Workbench Window................................................................................................15
Invoice Components.....................................................................................................................15
Transactions Window Tabs ..........................................................................................................16
Required Transaction Information ...........................................................................................16
Transaction Defaults ....................................................................................................................16
Standard Invoice Line Types ........................................................................................................17
Entering Freight Invoices or Lines ...............................................................................................17
Entering Sales Credits ..................................................................................................................17
Completing Transactions..............................................................................................................17
Creating Copies of Invoices .........................................................................................................19
Using Recurring Rules .................................................................................................................19
Creating Invoices for Services......................................................................................................20
Defining Accounting Rules ..........................................................................................................20
Deferred Accounting Rules ..........................................................................................................22
Revenue Recognition Program.....................................................................................................22
Making Adjustments using Revenue recognition program............................................................22

Correcting Invoices............................................................................................................................22
Invoice Correction Methods .........................................................................................................23
Creating Debit Memos (N) > Transactions > Transactions ...........................................................24
Creating Adjustments (N) > Transactions > Transactions Summary > (B) Adjust.........................24
On-Account Credit Options (N) > Transactions > Transactions ...................................................26
Voiding Transactions (N) > Transactions > Transactions............................................................27
Using Consolidated Billing ..........................................................................................................28

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Page 38

Oracle Receivables Implementation - Functional & Technical Overview
Ranu Srivastava http://apps2fusion.com




Creating batches -> Use batches to define the following default values for a group of receipts
1 Receipt class.(Default values can be changed)
2 Payment method
3 Deposit date
4 GL date
5 Apply date
Oracle Receivables > Receipts > Batching Receipts for Easy Entry
Batch Status
New -> Creating a new batch.The status of the batch changes to out of balance,Open
or closed when receipts are committed for the first time.
Out of balance -> Actual count of receipts do not match the control count & amount
Open -> Actual count and amount match the control count & amount,but the batch
includes unapplied or unidentified receipts
Closed -> Actual count & amount match the control & amount.All receipts are identified
& applied to invoices or applied on account.

Entering Receipts
Cash Receipts : Payment(such as cash or check) that you receieve from customers for goods or services.
Statuses -> Applied, On-Account, Unapplied amount, Unidentified, Reversed
Miscellaneous transactions : Revenue earned from investments,interest,refunds & stock sales


Apply a receipt to open debit items to reduce the utstanding balance
Use either application or mass apply window to apply receipts
Control who can create adjustments and chargebacks with the profile option AR : Cash - allow actions

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