Creation of customers in accounts receivables module for Oracle E-Business Suite R12
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Oracle Apps R12 - Accounts Receivable Training
Agenda
Customers Customer v/s Party Customer Profile Classes and
their
Characteristics Enter Customers Reports Important Profile
Options
Customers
A customer is an organization or person with whom we have a
selling relationship. This relationship can result from the
purchase of products and services or from the negotiation of terms
and conditions that provide the basis for future purchases.
Customer v/s Party
Party is an entity that doesnt have any selling relationship
with us at present but may have in future. Party is a prospect
customer.
Once the selling relationship is established between party and
us, the party becomes customer.
Customer Profile Classes
Profile Classes are used to group customers with similar
creditworthiness, business volume, payment cycles and late charge
policies.
Profile Class - Characteristics
Credit / Collections Credit Check, Credit Analyst and Collector,
Payment Application, Late Charges
Invoices and Statements Statement Cycles, Billing Cycles,
Balance Forward Bills
continue
Payment Promptness Payment Terms, Discounts, Grace Days
Define Profile ClassReceivables Super User
Customers
Profile Classes
continue
continue
Updating Profile Class
Dont update existing profiles Update all profiles Update all
non-customized profiles
