The below given are the common AR setup to be done in Oracle Apps – Oracle Receivables for the transaction processing.
Oracle Receivable Setup Description |
Required ? |
Define Sets Of Books | Yes |
Use The Account Generator | Yes |
Define System Item Flexfields Structure | Yes |
Define Organizations | Yes |
Define Territory Flexfield | No |
Define Sales Tax Location Flexfields structure | Yes |
Setup Flexible Address Formats | No |
Maintain Countries & Territories | No |
Define the Transaction Flexfield Structure | No |
Define AutoCash Rule Sets | No |
Define QuickCodes | No |
Define AutoInvoice Line Ordering Rules | No |
Define AutoInvoice Grouping Rules | No |
Define System Options | Yes |
Define Payment Terms | Yes |
Define Accounting Rules | No |
Maintain Accounting Periods | Yes |
Define AutoAccounting | Yes |
SetUpCash Basis Accounting | No |
Define Transaction Types | Yes |
Define Transaction Sources | Yes |
Define Collectors | Yes |
Define Adjustments Approval Limits | Yes |
Define remittance Banks | Yes |
Define distribution sets | No |
Define receivable activities | Yes |
Define receipts classes | Yes |
Define Payment Methods | Yes |
Define Receipts Sources | Yes |
Define aging buckets | No |
Define Statement cycles | No |
Define Statement messages | No |
Define dunning letters | No |
Define dunning letters Sets | No |
Define Territories | No |
Define Sales persons | Yes |
Define Profile options | Yes |
Define tax codes and rate | Yes |
Define customer profile classes | Yes |
Define Customer | Yes |
Define remit to address | Yes |
Define customer relationship | No |
Define Customer banks | No |
Define Lock Boxes | No |
Define the transmission formats | No |
Define receipt programmes | No |
Define UOM Classes | No |
Define UOM | Yes |
Define Standard memo lines | No |
Define Item tax rate exceptions | No |
Define tax exemptions | No |
Define document sequences | No |