1. Using Receivables Credit to Cash
  2. Review of Transactions and Transaction Activities

Review of Transactions and Transaction Activities

Use the Manage Transactions page to view detailed or summary information about your invoices, credit memos, debit memos, and chargebacks.

Along with standard search and display functions, you can perform these activities on selected transactions:

  • Review Installments

  • View Balance Details

  • View Transaction Activities

  • Review Lease Accounting Transactions

Review Installments

Use the Review Installments window to review the installments on transactions that have split payment terms. Each row displays the due date, installment amount, and balance due.

If the AR: Update Due Date profile option is set to Yes, you can perform these actions on installments:

  • Update the due date on an installment. If you update a due date, this recalculates the days late and due days for the installment based on the new due date.

  • Update the unpaid portion of an installment.

  • Add or delete installments.

View Balance Details

View complete information for a specific transaction, including the original transaction amount, the total amount of payments against the transaction, any credits, refunds, adjustments, or charges applied to the transaction, and any discounts taken.

The Balance Details window indicates the receipt, credit, or discount that was applied to the transaction, and the type of adjustments that were created. For example, a single transaction might have two adjustments against it, one of type Charges and another of type Freight. Similarly, the transaction might have one credit memo applied against it at the line level and another at the tax level.

The Balance Details window displays the total amount of each action affecting a transaction in the Total column and displays how the line, tax, freight, and charge balances were affected in the Balance row.

View Transaction Activities

View all activities that have taken place against a specific invoice, credit memo, or debit memo. You can drill down to view the details of each activity.

There are three activity classes that identify activity against transactions:

  • Payment: Any payment made against the transaction balance.

  • Credit Memo: Any credit memo applied to the transaction.

  • Adjustment: Any adjustment made to the transaction balance.

All amounts are in the currency of the particular activity.

Review Lease Accounting Transactions

Review and update invoices and credit memos generated in Receivables for lease transactions created in Lease Accounting.

You generate and manage lease transactions in Receivables to process the billing and accounting of revenue lease accruals. The Receivables transactions store the accounting distributions of the Lease Accounting transactions imported into Receivables.

You can generate bills in Receivables for Lease Accounting transactions and deliver customer invoices using the Receivables delivery methods Paper, Email, or XML.

You can also process customer payments and manage accounts receivable balances and period close reconciliation on the Lease Accounting transactions using Receivables.

The Lease Accounting transactions generated in Receivables contain these predefined setup elements:

  • ORA_Lease Accounting Transaction transaction source.
  • ORA_Lease Invoice and ORA_Lease Credit transaction types.

You can also review the Receivables details on the lease transactions in Lease Accounting.

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