Book Image

Oracle E-Business Suite Financials R12: A Functionality Guide

By : Mohan Iyer
Book Image

Oracle E-Business Suite Financials R12: A Functionality Guide

By: Mohan Iyer

Overview of this book

<p>Oracle EBS Financials provide organizations with solutions to a wide range of long- and short-term accounting system issues. Oracle E-Business Suite is the most comprehensive suite of integrated, global business applications that provides the most complete, integrated business intelligence portfolio<br /><br />Oracle E-Business Suite: A Functionality Guide – helps in binding the two skill sets together – knowledge of the software and the business knowledge of the user.<br /><br />This guide contains everything you need to know to maximize your implementation payback or return on investment.<br /><br />This book starts with an overview of Oracle E-Business Suite R12 where we cover the foundation features of Oracle Financial Management modules which include Navigation within Oracle E-Business Suite Release 12, Multiple Organization Access Control (MOAC), key aspects of Application Security and much more. The book then covers in detail General Ledger, Sub Ledger Accounting, Assets, Cash Management, Treasury, E-Business Tax, and much more.</p>
Table of Contents (24 chapters)
Oracle E-Business Suite Financials R12: A Functionality Guide
Credits
Foreword
About the Author
Acknowledgement
About the Reviewers
www.PacktPub.com
Preface
Index

Credit checking


Credit checks are performed as part of the order processing workflow and all orders go through the process regardless of a credit rule being defined or not. In most cases the credit check rule is successful and does not fail. The failure of a credit check rule puts the order on hold. This means that the order cannot be processed further. This will direct your attention to review the reason for the hold, and ensure that the customer has enough credit to cover the open balance once this order is processed.

Credit checking is normally performed on order transactions at four levels as mentioned in the previous section. The system puts the order on hold, preventing any other activity from being performed.

As part of the credit check rule you can define how you want the rule to work, on an order or a line level. Then the order or order line can be put on hold as per your configuration.

When an order is put on hold the system is capable of restricting access and allowing only specified...