In this chapter, we will cover:
Reviewing receivables' accounting transactions
Customers are billed for goods and services by an organization. Oracle Receivables creates an invoice for the bill and the customers pay the invoices. The receipts for the bill are entered and monitored in receivables. In this chapter, we will look at how to create invoices and record the receipts from customers. Let's start by looking at the receivables process.
1. The Customer Service Administrator creates the invoice in Oracles receivables. Invoices can also be created and imported from other modules, for example, through order management, projects, service contracts, and other Oracle and non-Oracle systems.
2. The invoices are reviewed and adjusted if necessary by the Customer Service Manager. They are completed and sent...