Oracle Financials Cloud
Release 9
Oracle Fusion Receivables: Global
Expansion: Cross Business Unit Receipt
Processing
Enhancements Covered are also Applicable to On-Premise Deployments
Agenda
Enhancements Overview
Enhancements Detail
Implementation Advice
Enhancements Overview
Cross Business Unit Receipt Vision Operations USA Ledger
Processing
Increase operational efficiency by North Business Unit South Business Unit
centralizing your customer payments (Payment ) (Payment )
processing across business units
when operating in a shared service Processes Processes
model. payments for payments for
Define service provider relationships
to process a single payment from a SE Business Unit
(Billing)
SC Business Unit
(Billing)
customer payment business unit
against multiple invoices from NE Business Unit NW Business Unit
NC Business Unit
different billing business units within (Billing) (Billing) (Billing)
the same ledger.
Cross Business Unit Receipt Processing
What Does it Do?
Centralized customer payment
processing based on the service
provider setup is supported by all
receipt creation methods:
Manually create receipt from UI
Process Receipts via excel
upload
Enable Lockbox processing
Support Automatic Receipts
Navigation: FSM: Manage Service Provider Relationships
Related Help Topic: <Exact Name of Help Topic>
Cross Business Unit Receipt Processing
Vision Operations USA Ledger
What Does it Do?
North Business Unit South Business Unit
Allows any customer payment (Payment ) (Payment )
processing business unit within
the ledger to apply receipts to
Processes Processes
invoices of an override billing payments for payments for
business unit
SE Business Unit SC Business Unit
(Billing) (Billing)
NC Business Unit NE Business Unit NW Business Unit
(Billing) (Billing) (Billing)
Note: *SE Business Unit is set up as an override business unit to
allow its invoices to be paid by any payment business unit.
Navigation: Receivables Balances Work Area > Create Receipt
Related Help Topic: <Exact Name of Help Topic>
Cross Business Unit Receipt Processing
Check box to include
What Does it Do? transactions from all
Business Units
Allows the Receivables Manager
to apply a receipt of the customer
payment business unit to
invoices from any billing business
unit within the ledger
Transactions from all
Business Units displayed in
Search Results
Navigation: Receivables Balances Work Area > Create Receipt
Related Help Topic: <Exact Name of Help Topic>
Cross Business Unit Receipt Processing
Save transaction,
What is the Value Add?
administration, control costs!
Accommodate flexible payment of
global business transactions.
Reduce transaction costs with one
payment against invoices from multiple
business units. Improve audit ability!
Reduce administration costs by
processing a single payment on behalf
of multiple legal entities.
Reduce control costs by processing
receipts in a single department.
Improve audit ability by tying a cross- Ease reconciliation!
BU transaction together with
intercompany processing.
Summary of Enhancement Capabilities
The features covered in this training are:
Increase operational efficiency by centralizing your customer payments processing across
business units when operating in a shared service model.
Define service provider relationships to process a single payment from a customer payment
business unit against multiple invoices from different billing business units within the same
ledger.
Implementation Advice
Feature Impact Guidelines
Automatically
Automatically Included with Setup
Feature Name
Available Shipped Job Required
Roles*
Cross Business Unit Receipt
Processing No Yes Yes
* See later slide for exact job role
Setup Summary
Setup for this solution is performed via Functional Setup Manager
Setup is performed within the Financials Offering
The Functional Area is Customer Invoice Processing
Tasks associated with the setup information are:
Manage Service Provider Relationships
Manage Receivables System Options
Cross Business Unit Receipt Processing Setup Detail
Vision Operations (customer payment)
is the service provider for
a) Vision Fusion (billing)
b) Vision Central (billing)
Override Business Unit Setup Detail
Enable the
“Allow any
business unit to
process
receipts”
checkbox to
allow a receipt in
any customer
payment
business unit
within the ledger
to be applied to
invoices of the
override billing
business unit
Cross Business Unit Receipt Processing
Decisions Impact
Does your company have a need to Set up service provider relationship between customer payment business
centralize payments across multiple unit and billing business unit. This will enable you to centralize the receipt
business units? processing in the servicing customer payment business unit and apply to
invoices of all client billing business units.
Does your company allow any Define a billing business unit as an override business unit by enabling the
customer payment business unit to “Allow any business unit to process receipts” checkbox in the Manage
process receipts for a particular Receivables System Options FSM task. This allows a receipt in any
billing business unit invoices? customer payment business unit within the ledger to be applied to
invoices of the override billing business unit.
Does your company allow a Use the “Include Transactions From All Business Units” option on the Add
Receivables Manager to apply a Open Receivables window on the Manage Receipt page to search for
receipt in the customer payment invoices from any billing business unit within the same ledger to apply the
business unit to invoices from any receipt.
billing business unit within the same If you do not want the Receivables Manager to be able to apply the
ledger? receipts to invoices from any billing business unit, then remove the
security access to the privilege “Override Receivables Receipt
Application”.
Job Roles & Associated Duty Roles
Shipped Job Role Associated Duty Role
Financial Application Administrator Receivables Administration Duty
Business Process Model Information
The features covered in this training session are part of the following
business processes
BPM Detailed Business Process, Activities, and Tasks
•Detailed Business Process : Set Up Enterprise Structures
•Activity : Define Business Units
•Task : Manage Service Provider Relationships
•Detailed Business Process : Set Up Order Fulfillment
•Activity : Define Receivables Configuration
•Task : Manage Receivables System Options
Related Reports & BI Analytic Information
Following reports have been modified to display cross-business unit
information.
Billing History Report
Customer Account Status Report
Receipt Analysis - Days Late Report
Generate Statement Report
