Oracle Receivables allows you to streamline invoicing, receipt, and customer deduction processing while improving cash flow, optimizing customer relationships, and providing strategic information. As a sub ledger, Oracle Receivables provides the flexibility to meet the demands of a global market with strong financial controls to assist in instilling corporate and fiscal discipline.
This chapter describes the following test flows in Oracle Receivables:
Create Adjustment - within Approval Limits
Create Automatic Receipt
Create Chargeback
Create Debit Memo Receipt Reversal
Create Deposit and Attach to Invoice
Create Foreign Currency Invoice
Create Foreign Currency Receipt
Create Guarantee and Attach to Invoice
Create Invoice
Create Invoice with Accounting Rule in Arrears
Create Invoice with Document Number when Saved
Create Invoice with 'In Advance' Accounting Rule
Create Invoice with Split Payment Term and Apply Credit Memo
Create Miscellaneous Receipt and Remit the Receipt
Create On Account Credit Memo and Apply to Invoice
Create Receipt and Take Earned Discount
Create Receipt and Clear using Cash Management
Create Receipt with Quick Cash (Application Type as Multiple)
Create Salary Invoice with Sales Credits
Create Standard Receipt Reversal
None.
Table 14-1 Profile Options for Oracle Receivables
| Profile Name | Profile Value |
|---|---|
|
POS: SM: Enable Supplier Profile Management Extension |
No |
|
POS: SM: Supplier Data Hub Configuration |
None |
Not applicable.
Table 14-2 Setup Data for Oracle Receivables
| Window Name | Field Name | Field Value |
|---|---|---|
|
AutoAccounting |
Type: Factored Bills Receivable |
01 000 1245 0000 000 |
|
Type: Bills Receivable |
01 000 1220 0000 000 |
|
|
Type: Remitted Bills Receivable |
01 000 1245 0000 000 |
|
|
Type: Unpaid Bills Receivable |
01 000 1220 0000 000 |
|
|
Type: Freight |
01 430 7220 0000 000 |
|
|
Type: Receivable |
01 000 1210 0000 000 |
|
|
Type: Revenue |
01 000 1150 0000 000 |
|
|
Type: AutoInvoice Clearing |
01 000 1222 0000 000 |
|
|
Type: Tax |
01 000 5110 0000 000 |
|
|
Type: Unbilled Receivable |
01 000 1232 0000 000 |
|
|
Type: Unearned Revenue |
01 000 2550 0000 000 |
Creates receivable activity for adjustment, creates invoice and adjusts it, and verifies the invoice and adjustment accounting.
None.
Not applicable.
Not applicable.
Not applicable.
This flow creates a transaction type for a deposit, creates the deposit, raises an invoice on the customer and applies the deposit, verifies the deposit balance, creates accounting, creates receipt and applies to the deposit, verifies the deposit balance, and finally, verifies the receipt accounting.
None.
Not applicable.
Not applicable.
Not applicable.
This flow creates transactions and receipts with chargeback.
None.
Not applicable.
Not applicable.
Not applicable.
Creates transaction type, creates invoice, creates receipt and reverse receipt, and verifies receipt accounting, invoice balance and debit memo balance.
None.
Not applicable.
Not applicable.
Not applicable.
Creates transaction type for deposit, creates deposit, raises an invoice on the customer, and applies the deposit. Verifies deposit balance, creates accounting, creates receipt and applies to deposit. Verifies deposit balance and receipt accounting.
None.
Not applicable.
Not applicable.
Not applicable.
This flow creates a foreign currency invoice.
None.
Not applicable.
Not applicable.
Not applicable.
This flow creates a foreign currency receipt.
The daily rate is set as follows:
CAD to USD: 0.72046
USD to CAD: 1.38800
Not applicable.
Not applicable.
Not applicable.
This flow creates an invoice with transaction type as Guarantee, verifies the transaction adjustment details and creates the adjustment accounting.
None.
Not applicable.
Not applicable.
Not applicable.
This flow creates an invoice, verifies it once it is created, and then creates accounting on it.
None.
Not applicable.
Not applicable.
Not applicable.
This flow creates an invoice with an accounting rule in arrears.
None.
Not applicable.
Not applicable.
Not applicable.
Creates transaction type, sets document sequence, defines category, creates invoice, and verifies the generated document.
None.
Not applicable.
Not applicable.
Not applicable.
Creates accounting rule, raises an invoice on the customer with in-advance invoicing rule. Runs Revenue Recognition program and verifies accounting.
None.
Not applicable.
Not applicable.
Not applicable.
Creates invoice with split payment term, verifies invoice balance, and applies credit memo to invoice.
None.
Not applicable.
Not applicable.
Not applicable.
This flow creates distribution sets and receivable activity. It creates a receipt by choosing Manual as the receipt method and Miscellaneous as the receipt type. Finally, it creates a remit receipt for the receipt class which was created earlier.
None.
Not applicable.
Not applicable.
Not applicable.
This flow creates on-account credit memo and applies it to an invoice.
None.
Not applicable.
Not applicable.
Not applicable.
Creates payment term without discount, creates invoice and receipt, and takes earned discount. Verifies invoice balance and receipt accounting.
None.
Not applicable.
Not applicable.
Not applicable.
Creates a receipt class method by matching, creates invoices, creates receipts, verifies receipt accounting, clears receipt through cash management, and verifies receipt accounting.
None.
Not applicable.
Not applicable.
Not applicable.
This flow creates transactions, copies transactions, and creates receipt batches.
None.
Not applicable.
Not applicable.
Not applicable.