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Step 1 Defne Ledgers (Required) - GLIf you previously defined your ledger or ledgers while setting up a different Oracle

Applications product, proceed to the next step.

You need to define at least one ledger before you can implement and use Receivables.

When defining a ledger, you also need to:

Assign your Ledgers to a Responsibility Define your Accounting Flexfield

Define your Accounting Flexfield Combinations (Optional)

Define your Calendar Period Types

Define your Calendar Periods

Define your Currencies

Resp>> AR>>Currencies

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Define your Daily Conversion Rate Types

Define your Daily Rates (Optional)

Resp>>General Ledger>>Daily Rates

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Step 2 Defne FlexfeldsFor Receivables, you need to define both key and descriptive Flexfield. For key flexfields, you

define the flexfield structure, specifying the number and function of segments, and then select the

structure. For descriptive Flexfield, you define the global data element context, any additional

contexts that you might require, and then the structure of these contexts. Key flexfields do not usecontexts.Defne Key Flexfelds (Required)

You can use theTerritory exfeld for recording and customized reporting on your territory

information. Receivable provides a default structure for your Territory flexfield. You can associate

Territory flexfields with salespeople, invoices, commitments, and customer business purposes.

Resp>> Inventory>>Key Flexfield Segments

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Segments tab:

For Value Set AMTEX_AR_REGION

Create a Value set and then enter the Values (List of Territories) in the value set.

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Step Defne !rg"ni#"tions (Required) - $%&'%T!R

Step Defne Syste* !ptions (Required)Define your accounting, discount, and invoice system options to control how Receivables works.

System options determine your accounting flexfields, whether you use header or line-level

rounding, and control the default operation of the Auto Invoice and Automatic Receipt programs.Resp>> AR>> Setup>> System>> System Options

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Step + !pen ,ounting .eriods (Required)Open or close periods in your accounting calendar to control the recording of accounting

information for these periods. Receivable uses the status of these accounting periods to control

transaction entry and journal entry creation to your general ledger. You cannot enter an activity in

a closed accounting period. Receivable provides the following period statuses: Not Opened,Future, Open, Close Pending, and Closed.

Resp>>AR

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Step / Defne ,uto,ounting (Required)Define AutoAccounting to specify the general ledger accounts for transactions that you enter

manually or import using AutoInvoice. AutoAccounting uses this information to create the

default revenue, receivable, freight, tax, unearned revenue, unbilled receivable, bills receivable

accounts, and AutoInvoice clearing (suspense) accounts.Resp>>AR

0ontext Perform this step for each operating unit.

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Step Defne Tr"ns"tion Types (Required)Define the transaction types that you assign to invoices, debit memos, commitments, chargebacks,

credit memos, on-account credits, and bills receivable. Receivable uses transaction types to

default payment term, account, tax, freight, creation sign, posting, and receivables information.

Receivable provides two predefined transaction types:

Invoice and Credit Memo.0ontext Perform this step for each operating unit.

Resp>> Setup>>Transaction>>Transaction Types

For Credit Memo

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CUSTOMIZED TRANSACTION TYPE

In this case Revenue and AR accounts are picked from Transaction Type not from customer

site.

Red circle shows the Return Transaction Type . From here the Transaction type (Invoice) is

linked with the Return TT. Transaction Type for Return is made as follows:

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For Return:

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Another example of Transaction Type:

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For Return:

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Step 3 Defne Tr"ns"tion Soures (Required)Define the transaction sources that you assign to invoices, debit memos, commitments, credit

memos, on-account credits, and bills receivable. Receivables uses transaction sources to control

your transaction and transaction batch numbering, provide default transaction types for

transactions in batch, and to select validation options for imported transactions. Receivable

provides the following predefined transaction sources:MANUAL-OTHER, DM Reversal, and Chargeback.


We will make a Transaction Source for Auto Invoice

Resp>>AR>>SETUP>>Transaction>>Sources

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Step 4 Defne Re*itt"ne 5"n6s (Required) 7 0,S89,%,G'9'%T:,R:,.0ontext Perform this step for each operating unit.

Define all of the banks and bank accounts you use to remit your payments. You define banks and

bank accounts in Oracle Cash Management.

You can define as many banks and bank accounts as you need and define multiple currency bankaccounts to accept payments in more than one currency. Proceed to the next step if you already

defined your remittance banks in Oracle Cash Management.

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Step 11 Defne Reeipt 0l"sses (Required)Define receipt classes to specify whether receipts are created manually or automatically. For

manual receipts, you can specify whether to automatically remit it to the bank and/or clear your

accounts. For automatic receipts, you can specify a remittance and clearance method, and

whether receipts using this class require confirmation.0ontext Perform this step for each installation.

We will make Receipt classes for CUSTOMER RECEIPTS and Receipt Method for Customer

Receipts, Pre Shipment Loans and Post-Shipment Loans

For Customer Receipts

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Bank Accounts Tab: CUSTOMER RECEIPTS-RECEIPT CLASS

Attach all the relevant banks to the Receipt Class

CASH:AL-KHURRAM EXPORTS.KE.NONE.NONE.AMTEX COMMON.UBL CIRCULAR ROAD, 012-72.NONE.NONE

(May differ for other banks)

BANK CHARGES:AL-KHURRAM EXPORTS.KE.NONE.NONE.AMTEX COMMON.BANK CHARGES.NONE.NONE


UNAPPLIED RECEIPTS:AL-KHURRAM EXPORTS.KE.NONE.NONE.AMTEX COMMON.UN APPLIED

RECEIPTS.NONE.NONE (same for all banks)UNIDENTIFIED RECEIPTS:AL-KHURRAM EXPORTS.KE.NONE.NONE.AMTEX COMMON.UNIDETIFIED

RECEIPTS.NONE.NONE (same for all banks)

ON ACCOUNT RECEIPTS:AL-KHURRAM EXPORTS.KE.NONE.NONE.AMTEX COMMON.ON-ACCOUNT


UNEARNED DISCOUNTS:(same for all banks)

EARNED DISCOUNTS:(same for all banks)

In Red are the Receivables activities as done in Step10 : Receivables Activities

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For Pre Shipment Loans:

Same for Post Shipment Loans

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Bank Account Tab: PRE SHIPMENT LOANS- RECEIPT METHOD

CASH:AL-KHURRAM EXPORTS.NONE.NONE.NONE.AMTEX COMMON.CASH AT SCB.NONE.NONE


BANK CHARGES:ALAL-KHURRAM EXPORTS.NONE.NONE.NONE.AMTEX COMMON.BANK

CHARGES.NONE.NONE (May differ for other banks)

UNAPPLIED RECEIPTS:AL-KHURRAM EXPORTS.NONE.NONE.NONE.AMTEX COMMON.PRE SHIPMENT LOAN

(UNAPPL.NONE.NONE (same for all banks)

UNIDENTIFIED RECEIPTS:AL-KHURRAM EXPORTS.NONE.NONE.NONE.AMTEX COMMON.PRE SHIPMENT

LOAN (UNIDEN.NONE.NONE (same for all banks)

ON ACCOUNT RECEIPTS:AL-KHURRAM EXPORTS.NONE.NONE.NONE.AMTEX COMMON.ON-ACCOUNT


UNEARNED DISCOUNTS:(same for all banks)

EARNED DISCOUNTS:(same for all banks)

Same for Post Shipment Loans

------------------------------------------------------------------------------------------------------------

ACCOUNTS IN GLCustomer Receipt Pre-Shipment Loans Post-Shipment Loans

UNAPPLIED RECEIPTS Y Y Y

UNIDENTIFIED RECEIPTS Y Y Y

ON ACCOUNT RECEIPTS Y Y Y

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Step 11 Defne Reeipt 9et>ods (Required) 7 D!%' $% T8' ,5!&'ST'.Define the receipt methods to account for your receipt entries and applications and to determine

a customer's remittance bank information. When defining receipt methods, you must enter a

receipt class, remittance bank information, and the accounts associated with your payment

receivables type. You can also specify accounts for confirmation, remittance, factoring, bankcharges, and short-term debt.

0ontext Perform this step for each installation.

Step 12 Defne Reeipt Soures (Required) 7 D'F$%'D 5 !R,0L'Define receipt sources to provide default values for the receipt class, receipt method, and

remittance bank account for receipts in a batch. Receipt Sources also determine whether the

numbering for receipts in a batch is automatic or manual.0ontext Perform this step for each

operating unit.

Resp>>AR>>Setup>>Receipt>>Receipt Sources

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Step 1 Defne S"lespersons (Required) - !9 S'T?. ST'.SDefine salespersons to allocate sales credits to invoices, debit memos, and commitments. If you

do not want to assign sales credits for a transaction, you can enter No Sales Credit. If

AutoAccounting depends on salesperson, Receivables uses the general ledger accounts that youenter for each salesperson along with your AutoAccounting rules to determine the default

revenue, freight, and receivable accounts for transactions.


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Step 1 Defne Syste* .rofle !ptions (Required)Define profile options to provide default values for some Receivables operations, specify how

Receivables processes data, and control which actions users can perform.0ontext Perform this

once for each installation.

.rofle Site

,ppli"ti

on

Responsi=ili

ty

?se

r

Ser

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!R: -usto#ers 3 'nter!lternate +iel"s

!R: -ash 3 !llo/ !ctions &es

OM: .e$u Level 7OM: !pply !uto#atic!ttach#ents 0O

OM: Prevent Bookin or LineGeneric Hol"s

OM: .eault Salesrep0o salescre"it

OM: (nvoice 0u#$erinMetho" !uto#atic

&ou #ust assin a value to the !R: Use (nvoice !ccountin +or -re"it Me#osprofle option

&ou #ust assin a value to the Se8uential 0u#$erinprofle option2

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FINAL STEP:

TRANSFER TO GENERAL LEDGER FROM AR

Please make SURE that you have made the Document Sequences for Invoice, Credit Memos, debit

Memos and Receipts. These Document sequences will then BE assigned to Categories in General

Ledger Application.

Resp>>AR>>Run Request>>Create Accounting

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Enter Parameters

General Batch Name entered will the batch Created in GL. In this case batch name is

AR_Opening_Balances

Submit the request and view the output to make sure that there are no errors. If there are any

errors then resolve these errors and run this request again. Output of this request will clearlyspecify the errors and the description of errors.

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After this, run this request in AR. Name Transfer Journal Entries to GL.

There is a chance that this request will not available in the AR responsibility, if this is the case

then go to System Administrator Responsibility and attach the report to the Request group for AR

reports.

Run the request

Resp>>AR>> Run request

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Enter Parameters

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GO TO GL RESP TO VIEW YOUR BACTHES:

RESP>>GL>>JOURNALS>>ENTER>>FIND

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ar setup

Documents