E1: 03B: How To Set Up and Map Data for Automatic Cash Receipts (a.k.a. Auto Receipts or Auto Cash)
(Doc ID 1458481.1)
Last updated on APRIL 03, 2020
JD Edwards EnterpriseOne Accounts Receivable - Version XE and later Information in this document applies to any platform.
Immediate recognition of cash in the general ledger is an essential part of the accounts receivable process. To ensure early cash recognition, you can process receipts automatically to quickly apply payments from customers to their invoices. This method of processing receipts enables you to:
Immediately recognize cash in the general ledger regardless of whether the receipt is matched to invoices.
Store instructions for invoice matching at the customer and company level.
Define flexible selection criteria and sequencing specifications to reduce the number of invoices that are candidates to be reviewed.
Process unapplied receipts that were entered manually.
Reprocess receipts that were not successfully processed the first time.
There are ten steps to complete Automatic Receipts Processing, six for the initial set-up and an additional four for the processing, plus a further step to purge electronic receipts data. Below is a summary of each of the six initial setup steps. For further information on the automatic receipt processing steps please refer to E1: 03B: Automatic Receipt Processing in EnterpriseOne Accounts Receivable (R03B551, P03B121, P03B124, R03B50, R03B0041A).
This document is intended for users who are setting up and using the Automatic Receipt process in the EnterpriseOne Accounts Receivable module.
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