Setup Receivables on Oracle EBS R12
Setting up Receivables in Oracle E-Business Suite (EBS) R12.3 involves configuring the Oracle Receivables module to manage customer invoices, receipts, and accounts receivable. Here's a step-by-step guide to set up Receivables in Oracle EBS R12.3: Step 1: Define Customers Navigation: Customers > Customers > Standard Set up customer master records by defining customer details, such as name, address, and contact information. Step 2: Define Transaction Types Navigation: Setup > Transactions > Transaction Types Create transaction types to categorize different types of transactions (e.g., invoices, credit memos, receipts). Step 3: Define Receipt Classes Navigation: Receivables > Receipts > Receipt Classes Set up receipt classes to group receipts by similar characteristics. Step 4: Define Receipt Sources Navigation: Receivables > Receipts > Receipt Sources Create receipt sources to identify the source of the receipt (e.g., cash, check, credit card). Step 5: Defin...