Remove Payback Demand on Inactive Projects

Oracle Project Manufacturing supports the removal of pending payback demand on inactive lending projects. This provides you with the ability to eliminate payback demands on lending projects that are no longer active, ensuring that financial records reflect current project statuses. You can use the new user interface to:

  • Search for pending demand on inactive lending projects.
  • Remove all payback demands against a lending project along by providing a reason for the removal
  • Verify removed payback demands
  • View all removed payback demands history.

To remove payback demands: 

  1. Navigate to the Remove Payback Demands page. From the Borrow, Payback Transfer menu, click Remove Payback Demand.
  2. Use the Remove Payback Demands page to search for and view all the payback demands for that closed lending project that you select. You can filter your search based on specific parameter combinations: 
    • Lending Task
    • Borrowing Project
    • Borrowing Task
    • Organization
    • Item
    • Revision
  3. Select the payback demand you want to remove and in the Details region’s Removal Reason field, select the reason for removing the payback demand.
    Note: Currently, Project Closed is the only seeded value for the Removal Reason list of values. You can include additional values using the "Payback Demand Removal Reasons" lookup.
  4. Optionally, you can also add additional information related to the payback demand removal in the Note field or click Attachment to attach a file, URL, short or long text or a document catalog.
    Remove Payback Demands
  5. Click Submit to confirm the payback demand removal.

To view remove payback demands history: 

  1. Navigate to the Remove Payback Demands page and click the Removal History tab to view remove payback demand history. 
    Remove Payback demands
  2. On the Remove Payback Demand History page, click the Details icon to view details in the Remove Payback Demands Details page. You can also open the Remove Payback Demands Details page from the Project Borrow/Payback Details window.  

Prior to this release, in Oracle Project Manufacturing, payback demands on inactive projects often remained in the application.This feature provides improved financial clarity, reduced manual effort in managing obsolete demands, and enhanced focus on active project obligations.

Steps to enable and configure

You don't need to do anything to enable this feature.

Tips and considerations

  • Establish clear guidelines for identifying inactive projects eligible for payback demand removal to ensure consistency and compliance.  
  • Maintain an audit trail of removed payback demands to support financial transparency and regulatory compliance.  
  • Monitor the impact of removing payback demands on financial reports to confirm accuracy in project accounting.

Key resources