Oracle Service Contracts simplifies contract management and provides a centralized repository for entitlement information. It helps to rapidly create, manage, and update service contracts, warranties, and extended warranties on sales of goods or services. It also provides service based on real-time entitlement data. As a result, organizations can minimize contract leakage, increase recurring revenues, and provide targeted services while reducing operational costs.
This chapter describes the following test flows in Oracle Service Contracts:
Authoring a Contract
Bank Account and Credit Card Consolidation
Verify Deferred Revenue Recognition
None.
Not applicable.
Not applicable.
Not applicable.
Authors a service contract with different lines and corresponding sub lines. The contract is authored with the help of a template and by copying an existing contract. Authors a service contract with usage lines and contract status as QA hold.
None.
Not applicable.
Not applicable.
Authores a service agreement with payment method as Credit Card, using different credit cards at header and line level, and billing them.
None.
Table 42-2 Profile Options for Bank Account and Credit Card Consolidation Flow
Profile Name | Profile Value | Level |
---|---|---|
OKS: Payment Method for AR Interface |
Credit Card |
User |
Not applicable.
Creates a service contract with a covered product with acceptance from Oracle Order Management and checks the revenue generated for it. The revenue will not be recognized as the lines in sales order are not recognized.
None.
Not applicable.
Not applicable.
Table 42-5 Setup Data for Verify Deferred Revenue Recognition Flow
Window Name | Field Name | Field Value |
---|---|---|
Period Type |
Period Type |
Day |
Periods Per Year |
365 |
|
Year Type |
Calendar |
|
Description |
365 Days Per Year |
|
Accounting Calendar |
Prefix |
01-JAN-2013 |
Type |
Day |
|
Year |
2013 |
|
Qtr |
1 |
|
Num |
1 |
|
From |
01-Jan-2013 |
|
To |
01-Jan-2013 |
|
Name |
01-Jan-2013 |
|
Accounting Calendar setup |
Date |
2 Months |
Accounting Rules |
Name |
Variable - Day |
Type |
Accounting, Variable Duration |
|
Period |
Day |
|
Schedule |
Period |
1 |
Percent |
10 |