Oracle Apps Functional All About Oracle Apps functional & Technical FAQs, Tutorials


How is Receiving supported across multiple operating units in Release 12?

When the Receipts form is opened, the list of values (LOV) will be displayed of the inventory organizations which are available to the user through the security profile. Receiving forms unlike other  transaction entry forms in Oracle Purchasing, does not make it mandatory for the user to choose an  operating unit even after selecting the inventory organization to receive the shipment. User will still be allowed to change to an operating unit which may not necessarily include the inventory organization chosen initially. For eg. if M1 is an inventory organization which is not included in an operating unit 'Vision Communications (USA)', and if M1 is chosen initially as the receiving inventory organization, user is still allowed to select the operating unit context as Vision Communications (USA). This is an intended feature in Release 12.

Filed under: Receivables No Comments

How to identify Receipts on Bank Account Number in Lockbox Process?

A Magnetic Ink Character Recognition (MICR)

An MICR number consists of two segments.

1. The first segment is the Transit Routing Number.

The transit routing number should be filled in the field Bank Branch Number of the Banks window (NAV Setup/Receipts/Banks). When this number is not available in Applications, a Bank Branch will automatically be generated by the Lockbox process.

2. The second segment identifies the Bank Account of the customer.

A Customer Bank should be defined in Bank Accounts window
Responsibility:  Receivables Manager
Navigation:  Setup > /Receipts > Banks - Customer Bank

Also make sure this Bank Account is defined with the Customer on Customer level
Responsibility: Receivables Manager
Navigation: Customers > Customers

The MICR number is used to identify the Customer.
The MICR numbers used are shown on the Lockbox Execution Report.
The ACCOUNT (customer bank account number) and the TRANSIT_ROUTING_NUMBER (bank branch number) should be available in the lockbox interface table AR_PAYMENTS_INTERFACE_ALL in order to get identified receipts.

Remark that when the receipt batch is queried after validation, and when the application type is changed from Unidentified to On Account and a Customer is added, the system will automatically add the customer bank to the Bank Accounts window and the Customer window.

Filed under: Receivables No Comments