Overview of Oracle Receivables

Oracle Receivables provides integrated functionality to perform day-to-day accounts

receivable operations. Receivables functionality is managed from these Overview work
areas: Billing, Receivables Balances, Revenue Management, and Credit Management.
All work areas provide access to general ledger account activities, including creating
accounting, creating manual journal entries, and reviewing journal entries.
1. Billing Work Area
1. Use the Billing work area to perform tasks related to customer billing activities. Monitor
and review incomplete transactions, and approve and research pending adjustments.
Use AutoInvoice to import transactions from other systems and generate invoices and
credit memos automatically according to your requirements. You can review and
correct AutoInvoice import errors and resubmit AutoInvoice. Create new invoices,
debit memos, credit memos, and on-account credit memos. Perform related activities
to manage your transactions: update, duplicate, credit, adjust, dispute, and preview a
transaction. You can also create a new customer record and manage existing
customers from the Billing work area.
2. Receivables Balances Work Area
2. Use the Receivables Balances work area to perform tasks related to customer payment
Oracle ERPofCloud
activities and the management Modules
accounts Overview
receivable balances. Review actionable
items, including open receipts and receipt batches, unapplied and on-account
Projectand
receipts and credit memos, receipt remittance batches, Portfolio
funds transfer errors.
Customer
Create receipts manually, Management
import receipts using lockbox or spreadsheet, or create
Experience
automatic receipts. Cloud
Perform Cloud your receipts: apply, unapply,
related activities to manage
reverse, delete; create invoice adjustments or chargebacks during receipt application;
and remit, clear, or risk eliminate factored receipts. You can manage receipt
Human Capital
remittances: create, modify, and approve receipt remittance batches. You can also
Procurement
Management
perform tasks related to managing accounts receivables balances, including
Cloud
reconciling Cloud
receivables to the general ledger and managing receivables accounting
period statuses.
3. Revenue Management Work Area
Enterprise
3. Use the Revenue Management work area to perform tasks related to revenue
Performance Risk Management
recognition and revenue adjustments. Run the Recognize Revenue program to
Management Cloud
generate revenue distribution records for invoices and credit memos that use
Cloud
invoicing and revenue scheduling rules. Perform revenue adjustments on one or more
transactions, including scheduling and unscheduling revenue; reviewing, adding, and
expiring revenueSupply Chain and transferring Governance,
contingencies; Risk,
sales credits. You can also manage
Management
revenue policies, and
revenue contingencies, and rules Compliance
that assign revenue contingencies
Cloud
to transactions automatically. Cloud
4. Credit Management Work Area
4. Use the Credit Management work area to create credit profiles for your customers.
The credit profile contains key information for establishing the creditworthiness of
each of your customers, including credit classifications, credit limits, and credit review
cycles. Review and evaluate specific credit authorization requests; run periodic
reviews of the creditworthiness of your existing customers; review customer credit
scores, and provide recommendations for customer credit. Build scoring models that
calculate a credit score based on credit data specific to a customer; maintain detailed
information about customer financial and accounting history; and create templates for
different types of credit reviews that are automatically assigned to specific credit
scenarios.
5. Customer Information
5. From either the Billing or Receivables Balances work area, you have access to manage
both customer information and customer account activities, in summary and in detail.
You can review customer account information by a single business unit, bill-to site, or
across all business units and bill-to sites. For each customer account, you can review
transactions and receipts, dispute and adjust transactions, and drill down to current or
historical customer account activity.

Billing Work Area

Receivables Balances Work Area
Monitor Incomplete Transactions
Review Open Receipts
Approve Adjustments
Create Receipts
AutoInvoice
Manage Receipt Remittances
Create Invoices
Oracle Reconcile Receivables
Manage Transactions
Receivables
Work Areas Revenue Management Work Area
Credit Management Work Area
Recognize Revenue
Create Credit Profiles
Revenue Adjustments
Evaluate Credit Requests
Manage Revenue Policies
Build Scoring Models

Customer Information

Review Transactions
Dispute Transactions
Drill Down to Activity