Enable System Options for Bills Receivable

Enable Receivables system options that help you manage the processing of bills receivable transactions and receipts.

Set these Cash Processing Receivables System Options to enable and manage bills receivable:

• Allow payment of unrelated transactions option: Enable this option if you want to apply transactions of unrelated customers to a bill receivable.

  If you don't enable this option, then you can only apply transactions that belong to the customer drawee and its related customers.

• Enable bills receivable option: You must enable this option to use bills receivable.

• Bills Receivable Transaction Source: You can optionally select a default bills receivable transaction source. The transaction source that you select appears by default on all bills receivable transactions.

  You must set up bills receivable transaction sources before you can set this option.

• Allow factoring of bills receivable without recourse option: Enable this option if you want to create factored bills receivable remittances without recourse.

  Enabling this option lets you disable the Factored with recourse option on the Bills Receivable Remittance Batch pages. If you don't enable this option, then the Factored with recourse option is enabled and read only.