Use Intercompany Accrual Charge Account From Receipt Accounting in Payables Invoice

You can now configure the system to use the intercompany accrual charge account from receipt accounting when generating intercompany invoices for Payables. Enable the Use intercompany accrual charge account from receipt accounting for payables option in the Financial Orchestration System Options page to send the actual account used in the receipt accounting subledger for trade receipt accrual events to Payables.

Financial Orchestration System Options Page With the Use Intercompany Accrual Charge Account From Receipt Accounting for Payables Option Enabled

Financial Orchestration System Options Page With the Use Intercompany Accrual Charge Account From Receipt Accounting for Payables Option Enabled

Trade Receipt Accrual Event in Receipt Accounting With Account Information for Intercompany Accrual

Trade Receipt Accrual Event in Receipt Accounting With Account Information for Intercompany Accrual

Intercompany Payables Invoice With the Same Account Information From Trade Receipt Accrual Event

Intercompany Payables Invoice With the Same Account Information From Trade Receipt Accrual Event

Streamlines account reconciliation between receipt accounting and Payables subledgers.

Steps to Enable and Configure

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

Tips And Considerations

  • The option to use intercompany accrual charge account from receipt accounting for Payables will be disabled by default. 
  • Upon enabling the option, intercompany Payables invoices for the BUs in the flow will be generated only after the intercompany accrual transactions are accounted in receipt accounting and a charge account is identified.
  • Changing the option during the orchestration process can result in a mismatch or cause reconciliation issues for the events in progress.

Key Resources

  • Oracle Fusion Cloud SCM: Implementing Manufacturing and Supply Chain Materials Management Guide, available on the Oracle Help Center.
  • Oracle Fusion Cloud SCM: Using Supply Chain Cost Management guide, available on the Oracle Help Center.

Access Requirements

Users who are assigned a configured job role that contains these privileges can access this feature:

  • Review Financial Orchestration System options by Web Service (FOS_SYSTEM_OPTIONS_WEB_SERVICE)
  • Manage Financial Orchestration Events by Web Service (FOS_MANAGE_MONITOR_ORCHESTRATION_WEB_SERVICE)
  • Financial Orchestration Events with Exceptions by Web Service (FOS_EXCEPTION_DETAILS_WEB_SERVICE)
  • View Financial Orchestration Execution (FOS_VIEW_ORCHESTRATION_EXCEPTIONS)

These privileges were available prior to this update.