Intercompany Receivables Assignments

Use Oracle Fusion Intercompany to generate invoices for intercompany transactions.

Defining Receivables Assignments

Set up your receivables assignments by mapping an intercompany transaction type and a receivables business unit to the receivables transaction type and receivables memo line. Oracle Fusion Receivables will use the receivables transaction type and the receivables memo line to process intercompany transactions transferred to the receivables application. You can configure specific receivables transaction types, and receivables memo lines, that you use for each intercompany transaction type for a receivables business unit.

Standard Credit Memo Processing for Intercompany Reversals

Use Oracle Fusion Intercompany to define how credit memos are generated when invoiced intercompany transactions are reversed. In addition to defining the Receivables and Negative Receivable Transaction Type, you can specify whether reversal credit memos defined as Negative Receivable Transaction Types are generated as Standard and On-Account Credit Memos.

This option applies only to intercompany transaction types that are enabled for invoicing.

The credit memo behavior defined in Intercompany Receivables Assignments serves as the default value for reversal processing. During reversal creation, you can override the default and select a different credit memo.

When standard credit memo processing is selected, the Transfer to Receivables process links the original invoice information to the credit memo generated for the reversal transaction.

Configure Credit Memo Processing for Intercompany Reversals

Use Manage Intercompany Receivables Assignments to define the default credit memo behavior for invoiced intercompany reversals

Specify whether the Negative Receivable Transaction Type generates:

• Standard Credit Memos
• On-Account Credit Memos

The selected value becomes the default credit memo behavior used during reversal processing. Users can override the default credit memo type when creating an individual reversal.

If the option isn't enabled, intercompany reversals generate on-account credit memos by default.