Defining Agreements
The Agreements window defines your customer agreements. You can refer to an agreement when you enter an order for a particular customer, and have relevant default values automatically fill in the order using standard value rule sets. Oracle Order Entry/Shipping allows you to define both binding and non-binding agreements by using the override-related fields when you define your standard value rule sets.
Prerequisites
To define an agreement:
1. Navigate to the Agreements window.
2. Define an Agreement Name and an agreement Number.
3. Select a Customer if the agreement is valid for a specific customer, and a Contact for the customer.
4. Select an Agreement Type.
Oracle Order Entry/Shipping uses agreement types to control selection of agreements during order entry if you specify an agreement type on an order type. Agreement types are QuickCodes that you can define in the Order Entry QuickCodes window.
5. Define the Effective Dates for the agreement.
6. Define a purchase order number if a single purchase order applies to the entire agreement.
You can define standard value rule sets to default this PO number automatically to orders with this agreement.
7. Select a Salesperson and a Signature Date.
8. Select Payment Terms and a Price List.
9. Define the Invoice To customer, Invoice To Address, and the Invoice Contact.
10. Select the Accounting and Invoicing rules you want to apply for orders placed against this agreement.
The accounting rule controls the amounts and timing of your revenue recognition. The invoicing rule controls the amounts and timing of your invoices. You can define standard value rule sets to default the accounting and invoicing rules automatically to orders with this agreement. You must have Oracle Receivables fully installed to define these options.
11. Check the Accounting Rule override check box to permit overrides of the accounting rule when placing orders against this agreement.
When this check box is selected, Oracle Order Entry/Shipping overrides the accounting rule if you order items with their own specific accounting rules.
12. Check the Invoicing Rule override check box to permit overrides of this invoicing rule when placing orders against this agreement.
When this check box is selected, Oracle Order Entry/Shipping overrides the invoicing rule if you order items with their own specific accounting rules.
See Also
Defining Standard Value Rule Sets
Overview of Customers
Define your Agreement Type QuickCodes. See: Defining Order Entry QuickCodes.