Verify Receivables System Options

In this task, you're only validating the information on the Manage Receivables System Options page. Some of the values presented here are examples, and may be different from your implementation.

Essentially, the information you should see on the page should be the same information as in your enterprise structure. Refer to your enterprise structure information while you're verifying the information on the page.

Note:

• You can't change the values in Ledger and Ledger Currency. These fields are associated with the Financials business functions you assigned to your business unit.

• Some of the field values are seeded rule sets. If you can't find the value, you can create one that's applicable to your institution. Otherwise, contact Oracle Support and request for the seeded rule sets.

1. Sign in as FINUser.

2. In the Setup and Maintenance work area, go to the Manage Receivables System Options task:

   • Offering: Financials

   • Functional Area: Receivables

3. Make sure the values in these fields reflect how you set up your enterprise structure:

   • Business Unit

   • Ledger

   • Ledger Currency

4. In Billing and Revenue, verify the following fields:

   • Split Amount

   • Days in Days Sales Outstanding Calculation

   • Application Rule Set

   • Discount Basis

   You can change the values for these fields.

5. In Accounting, look at these fields. When you click the magnifying glass icon, the segments and values you assigned to these segments appear.

   • Tax Account

   • Cross-Currency Rounding Account

   • Realized Gains Account

   • Realized Losses Account

   • Automatic journal import: Make sure this is selected.

   • Days per Posting Cycle

6. In Transactions, verify the following fields:

   • Tax Invoice Printing Options

   • Document Number Generation Level

7. In Customers, enter or select this value for Grouping Rule: AR_AI_Grouping Rule.

8. In AutoInvoice, enter or select these values:

   Field	Value
   Purge interface tables	Make sure this is selected.
   Maximum Memory in Bytes	Enter 100000.
   In Log File Message Level	Enter 7.

9. Click Save.

10. Click Cash Processing.

11. In the Cash Processing tab, enter or select these values for these fields:

    Field	Value
    AutoCash Rule Set	AR_Autocash_rule_ED
    Match Receipts By 1	Transaction Number
    AutoMatch Rule Set	AR_Auto_Match_Rule_ED
    Use AutoApply	Select.
    Days to AutoApply a Receipt	10
    From Write-Off Limit per Receipt	0
    To Write-Off Limit per Receipt	1000
    Minimum Refund Amount	10
    Chargeback Due Date	Open invoice due date

12. In Accounting, make sure the values in these fields reflect how you set up your enterprise structure:

    • Realized Gains Account

    • Realized Losses Account

    • Cross-Currency Rate Type

    • Cross-Currency Rounding Account

13. In Automatic Receipts, verify the following values:

    • Receipt Confirmation Threshold Amount: 10

    • Invoices per Commit: 500

    • Receipts per Commit: 500

14. If you made any changes, click Save and Close, then click Done.

15. If you didn't make changes, click Cancel.