Account Receivables

Transactions

Similar to 11i & R12, You can create below transactions in fusion receivables • Invoices and Debit Memos • Credit Memos • On-Account Credit Memos • Chargebacks • Adjustments

All the new fields in fusion application transaction form are outlined in the above pic.

Oracle Fusion Receivables

Oracle Fusion Receivables provides most of the functionalities available in Oracle EBS 11i/R12. All the mandatory setups are also similiar to the setups available in 11i/R12.

OFR allows you to perform most of your day-to-day accounts receivable operations. Receivables lets you manage customer billing activities, process customer payments, manage accounts receivable balances, and perform tasks that are related to revenue recognition and revenue adjustments.

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