Financial Accounts for Students and Organizations

Manage key attributes of receivables customer accounts directly in Student Management. Define the customer accounts that Student Management uses when creating transactions. For people with multiple customer accounts, mark one as the default for automated processing. Set different default values for system-generated accounts based on whether the account is for a person or an organization.

Financial Account Details

Establish a clear relationship between Student Management account logic and Oracle Fusion Cloud Financials receivables data structures. Define a broader set of institution-specific rules for account creation, ownership, and maintenance.

Steps to Enable

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

Tips And Considerations

You should start by understanding the capabilities of Receivables customer accounts and related functionality. Consider how you want to use Receivables from an institution-wide perspective before completing configurations related to Student Management financial accounts.