Last updated on AUGUST 12, 2016
Applies to:Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.
As per current "Note Receivable" functionality, when open invoices are applied to Note Receivable (which is yet to reach Maturity Date), those invoices are set to "Closed" status. Moreover, on checking "Past Due Invoice Report" and "Universal Work Queue", those invoices appear as closed and this impacts accuracy in decision making. It is also very inefficient to just book Note Receivable and leave it as it is so that once it reaches Maturity Date then only it will be offset with invoices.
The requirement is to provide the feature of preventing open invoices from being closed when Note Receivable receipts are applied.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
Million Knowledge Articles and hundreds of Community platforms