An Overview of Oracle Fusion Receivables

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Welcome to our newsletter spotlighting Oracle Fusion Receivables. This article is geared towards offering insights into the fundamental features of Oracle Fusion Receivables. Whether you're a seasoned finance professional or new to the field, get ready for valuable insights ahead! Let's dive in together.

Oracle Fusion Receivables offers integrated features for handling most day-to-day accounts receivable operations. Receivables functionality is managed through three main work areas: Billing, Receivables Balances, and Revenue Management. All three work areas provide access to general ledger account activities, including creating accounting, manual journal entries, and reviewing journal entries. Most functionalities available in Oracle EBS R12/11i remain unchanged, and the mandatory setups are also like those available in R12/11i.?

Let’s explore the different work areas in Oracle Fusion Receivables

1. Billing Work Area

This area focuses on customer billing tasks. You can monitor and review incomplete transactions, approve and research pending adjustments, and use Auto Invoice to import transactions from other systems and automatically generate invoices and credit memos. Additionally, you can create new invoices, debit memos, credit memos, and on-account credit memos, as well as manage transactions such as updating, duplicating, crediting, adjusting, disputing, and previewing. Furthermore, you can create and manage customer records within this work area.?

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