Invoice Extract in UBL Format

Oracle Revenue Management and Billing provides the capability to extract the invoices in the Universal Business Language (UBL) format. UBL is a structured XML format which contains all the information but in a defined and fixed structure. The invoice extract in UBL format simplifies the process of sending and receiving invoices internationally through an electronic standard to different e-invoicing systems, thereby reducing the data entry cost and manual data entry errors.

A new algorithm type named C1-UBLBILEX is introduced in this release. If you want to extract the invoice in the UBL 2.1 format, you need to attach the C1-UBLBILEX algorithm to the Bill Extract Method algorithm spot of the required bill route type. In this algorithm, you need to specify the extract template using which you want to extract the invoice data in the UBL format. An out-of-box invoice extract template named C1-UBLINVOICEEXTRACT is shipped with the product. You can specify either the out-of-box invoice extract template or a custom invoice extract template in the algorithm parameter. This algorithm will accordingly extract the invoice data using the C1-InvoiceChargeExtract business service and present it as per the field mapping defined in the invoice extract template.

On executing the POSTROUT batch, the system will invoke the C1-UBLBILEX algorithm and extract the invoice data in the UBL format.

Parent Topic: Oracle Revenue Management and Billing Financial Services Business Processes