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oracle apps R12 Oracle Receivables (AR) Receipt creation

In Oracle Receivables, Receipts can be created of 2 types: Standard Receipts: Standard Receipts includes Cash or Check received from the Customer in the exchange of goods or services provided. These are termed as ‘Cash Receipts’ also. Miscellaneous Receipts: Miscellaneous Receipts includes the revenue earned from the interest, refunds, investments or any other nonstandard item. […]

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Oracle apps AR Receipt status

In Oracle Apps , Receipts could have the below given status during the transaction phase. APPROVED:  The status ‘APPROVED’ indicates that the receipt has been approved for automatic receipt creation. This status is only valid for automatic receipts. CONFIRMED: The status ‘CONFIRMED’ indicates that the customer has approved the application of this receipt and their […]

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