Basic Oracle Receivables Module Tutorial - I by Pranay Tiwari
Oracle Receivables have two workbenches.
1.Transactions &
2.Receipts.
Transactions workbench is used to create invoices for the customers where as Receipt workbench will have information about receipt amount receive against the transaction invoice.
Transaction navigations
Log in to Oracle Apps
Receivables Manager --> Transactions --> Transactions
Before creating Transactions in oracle, There are some mandatory prerequisite setups
Batch Source and Transaction type must be defined before creating transaction in oracle. Before going to setups , lets understand the vitality of Transaction source and Transaction Type.
Transaction Source :
When you create a transaction, and associate it to a Transaction Source, several attributes of the Source are assigned into the transaction
Transaction Numbering – Automatic or Manual
GL Date Derivation
Grouping Rules
Customer Information – Values Passed (ID, Value, Segment)
Bill To and Ship To
Address
Contact
Payment Method
Accounting Information – Values Passed (ID, Value, Segment)
Invoicing Rule
Payment Terms
Sales Credit Validation
How to process Invalid Lines
How to Process GL Dates in a Closed Period
Navigation
Receivables Manager-->Transactions-->Setup-->Transactions--> Source
Transaction Type :
1.Transactions &
2.Receipts.
Transactions workbench is used to create invoices for the customers where as Receipt workbench will have information about receipt amount receive against the transaction invoice.
Transaction navigations
Log in to Oracle Apps
Receivables Manager --> Transactions --> Transactions
Before creating Transactions in oracle, There are some mandatory prerequisite setups
Batch Source and Transaction type must be defined before creating transaction in oracle. Before going to setups , lets understand the vitality of Transaction source and Transaction Type.
Transaction Source :
When you create a transaction, and associate it to a Transaction Source, several attributes of the Source are assigned into the transaction
- Manual: Used for transactions created manually in the Transactions Workbench.
- Imported: Used for importing transactions using AutoInvoice.
Transaction Numbering – Automatic or Manual
GL Date Derivation
Grouping Rules
Customer Information – Values Passed (ID, Value, Segment)
Bill To and Ship To
Address
Contact
Payment Method
Accounting Information – Values Passed (ID, Value, Segment)
Invoicing Rule
Payment Terms
Sales Credit Validation
How to process Invalid Lines
How to Process GL Dates in a Closed Period
Navigation
Receivables Manager-->Transactions-->Setup-->Transactions--> Source
Transaction Type :
A Transaction Type is a name you give to a transaction. It:
- Provides the rule for how activities are processed, for instance, will there be tax and/or freight?
- Determines if this activity will be posted to the General Ledger
- Identifies the type of transaction: invoice, credit memo, debit memo, chargeback, deposit or guarantee
- Defines if this item will create an open receivable (appear on the aging)
- Provides the default accounts to use when processing this transaction
- Tells, if this is an invoice, the name of the related credit memo type.
Receivables Manager--> Transactions-->Setup-->Transactions-->Transaction Types
- Determines if this activity will be posted to the General Ledger
- Identifies the type of transaction: invoice, credit memo, debit memo, chargeback, deposit or guarantee
- Defines if this item will create an open receivable (appear on the aging)
- Provides the default accounts to use when processing this transaction
- Tells, if this is an invoice, the name of the related credit memo type.
Receivables Manager--> Transactions-->Setup-->Transactions-->Transaction Types
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