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
Does your company have a need to
centralize payments across multiple
business units?
Does your company allow any
customer payment business unit to
process receipts for a particular
billing business unit invoices?
Does your company allow a
Receivables Manager to apply a
receipt in the customer payment
business unit to invoices from any
billing business unit within the same
ledger?
Impact
Set up service provider relationship between customer payment business
unit and billing business unit. This will enable you to centralize the receipt
processing in the servicing customer payment business unit and apply to
invoices of all client billing business units.
Define a billing business unit as an override business unit by enabling the
“Allow any business unit to process receipts” checkbox in the Manage
Receivables System Options FSM task. This allows a receipt in any
customer payment business unit within the ledger to be applied to
invoices of the override billing business unit.
Use the “Include Transactions From All Business Units” option on the Add
Open Receivables window on the Manage Receipt page to search for
invoices from any billing business unit within the same ledger to apply the
receipt.
If you do not want the Receivables Manager to be able to apply the
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