Last updated on AUGUST 10, 2017
Applies to:Oracle Order Management - Version 12.1.3 and later
Information in this document applies to any platform.
Could you please explain how new R12 recurring charges functionality works?
According to R12 TSO User Guide:
"Products with one-time and recurring charges are entered on separate transaction lines in the sales order. A folder-enabled column, labelled Charge Periodicity Code, is available on the order line to store and display the charge periodicity. Charge periodicity is the interval by which the price for a recurring charge has been set up on a price list (e.g., Monthly, Quarterly, Yearly). The charge periodicity indicates how often the customer account is charged. Order lines with a charge periodicity are considered recurring charge lines."
Please explain how to get recurring invoices from recurring charges.
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