Managing Proceed Payments

You use the Pay On Proceeds Item Cross Reference Update program (P40G90) to set up item cross reference information for items that are eligible for pay on proceeds processing. The system updates this information to the Grower POP Item Cross Reference table (F40G90). However, this system does not update this information to the Item Master table (F4101) or the Item Branch table (F4102).

You use the Proceed Payments program (P40G95) to manage proceeds payments. The Pay Proceeds program enables you to:

• Review net payment owed to the growers based on the accumulated sales and standard grower payments. The payment reflects any adjustments that are applied based on the advanced price schedule.

• Create a voucher for each grower based on the market price. The system calculates the price using an average or percent of each sales order as defined at the grower contract harvest level. You can access an advance price schedule which enables you to attach additional adjustments, deductions, and charges.

  For proceed payment calculation, the system retrieves the pricing schedule and the equity percent from the contract harvest.

  Note:

  Oracle recommends that pricing schedules for the pay on proceeds process contain pay on proceeds adjustment types only. You must select the Procurement option as the target application for all of the adjustment types in the pay on proceeds pricing schedule.                      

  See JD Edwards EnterpriseOne Applications Advanced Pricing
                          Implementation Guide

• Review that the payment reflects any adjustments that are applied based on the advanced price schedule.

When you run the Sales Update program (R42800), the system adds the sales orders to the Pay on Proceeds Log File table (F40G95). When you close a standard weigh tag or advance a partial receipts weigh tag beyond Draft status, the system adds receipts to the Pay on Proceeds Log File table.

To determine the proceed payment created by the system:

1. Select sales orders from the Pay on Proceeds Sales Orders section.

2. Select weigh tag receipts from the Pay on Proceeds Receipts section.

3. Click the Calc Total (calculate total) button for each section.

   In the Pay on Proceeds Sales Orders section, the system displays the total sales quantity, total actual sales amount, and the average sales amount for the selected sales orders.

   In the Pay on Proceeds Receipts section, the system displays the total quantity receipt quantity for the selected weigh tag receipts.

4. Click the Review Proceed Payments button.

   Note: If the quantities for the sales orders and weigh tag receipts do not match, the system displays a warning indicating which quantity is greater. Review the information before proceeding to create a voucher.

   The system displays the Review Proceed Payments form.

5. On the Review Proceed Payments, you can enter an invoice voucher number.

6. Click the Generate Vouchers button to generate a voucher for processing through the accounts payable system.