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Oracle E-Business Suite R12.1 Accounts Receivables Essentials Partner

Boot Camp Training Courseware

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Key Content Contributors

Contributing Companies



• Order to Cash Lifecycle overview

• Overview of Oracle Receivables Process

• Managing Parties and Customer Accounts

Bootcamp Objectives

• Process Invoices Using Auto Invoice

• Process Invoices

• Bill Presentment Architecture

• Credit Management

• Implement Customer Invoicing

• Receipts

• Implement Receipts



• Implement Receipts

• Tax Processing

• Period Closing Process

• Annexure

Section Objectives

Setup information related to invoicing

Major implementation considerations for customer invoicing Major implementation considerations for customer invoicing



Transactions: Required Setup

Before you can use customer invoices, you must complete these setups:

•Customers

•Receivables Transaction Types•Receivables Transaction Types

• AutoAccounting

• Billing Cycles

• Payment Terms

• Transaction Sources

•Remit-To Addresses

• System and Profile Options



Transaction types determine:

• Transaction class: debit memo, credit memo, on-account credit,

chargeback, commitment, invoice, bills receivable.

Receivables Transaction Types

•Natural Application setting.

• If the transaction can be posted to General Ledger

• If the transaction is an open receivable, that is, updates customer balances

for debit memos, credit memos, chargebacks, and on-account credits.

• If the transaction excludes late charges.

• If freight can be entered.



• If a tax classification code defaults to the transaction line.

•Default credit memo type for an invoice.

•Default invoice type for a commitment.

•Creation sign.

Receivables Transaction Types



Invoice

Salesperson = Joe AdamsTransaction Type = Invoice1. Wrist Pad 2 @ 1,000

Revenue Account = 01-100-4505-201

Auto Accounting


Account Type = RevenueSegment Constant Value Table Name

CO 01

CC Salesreps

Account Trans. Types

Salesperson = Joe Adams




Account Trans. Types

Product Standard Line

Transaction Type = Invoice

Revenue Account = 02-000-4505-100Standard Line = Wrist Pad


Auto Accounting



Balance Forward Billing Cycle



Payment Terms



Transaction Sources



Remit-to Addresses



System Options



Profile Options

• AR: Allow Update of Existing Sales Credits

• AR: Change Customer on Transaction

• AR: Default Exchange Rate Type

• AR: Override Adjustment Activity Account Option

• AR: Transaction Batch Source



• AR: Use Invoice Accounting For Credit Memos

Transactions: Optional Setup

The following are optional setup steps for customer invoices:

• Accounting Rules

• Salespeople

• Standard Memo Lines

• Document Sequencing

• Statements



• Statements

• Balance Forward Billing

• Tiered Interest Rates

Accounting Rules



Standard Memo Lines



Document Sequencing

Steps to enable document sequencing:

• Enable the sequence numbering profile option• Enable the sequence numbering profile option

• Define sequences

• Assign sequences to categories



Statements: Aging Bucket



Statements: Statement Cycles



Statements: Standard Messages



Section Objectives

Setup information related to invoicing

Major implementation considerations for customer invoicing Major implementation considerations for customer invoicing



Transaction types to be defined in the following order:

•Credit Memo

• Invoice

Implementation Consideration: Transaction Types

•Debit Memo

•Chargeback

•Bill Receivables

•Deposit

•Guarantee



Implementation Considerations: Transactions

Payment Terms:

• Discounting?• Discounting?

• Balance Forward Billing?

• Split Payment Terms?

• Allocating Tax and Freight?AutoAccounting

Source of Table

Transaction Batch Source?



Oracle SystemAutoInvoice

ID

Non Oracle Systems

Value

Implementation Considerations: Remit-to Address

• Define lockbox addresses as remit-to addresses to let customers know

where to send payment.

• To catch any missing assignments, set up a remit-to address assigned

to a default location. If you enter or import an invoice with an address

that does not correspond to any of your assignments, it uses the

default remit-to address.



Implementation Considerations: Function Security

Function Name

Transactions: Complete

Activities That Can Be Restricted

Complete transactions

Transactions: Dispute

Transactions: Copy

Transactions: Print

Inv: View

Inv: Enter

Place transactions in dispute

Copy transactions

Print transactions

View invoices



Inv: Enter

Inv: Update

Inv: Delete

Enter invoices

Update invoices

Delete invoices

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