Recent Posts by Michele Casey

The new Oracle Receivables Period Close Analyzer has been released to assist you with errors that can cause Receivables from closing the period. It's a 'Health Check' script which you can proactively use at any time to review the data relating to period closing, including: Missing Events Orphan Records Unposted Items Unprocessed Events As well as listing some set up information, file versions and recommended patches The script may be run safely at any time. No data is...

Receivables lets you define several options for your invoices and use of Autoinvoice.  You can specify whether to purge the interface tables that you use for Autoinvoice, the maximum number of bytes to use, whether SQL Trace is active for Autoinvoice, and the grouping rule to use for revenue and credit transactions you create through Autoinvoice. The System Options form has four sub tabs: Accounting, Trans and Customers, Claims and Miscellaneous Responsibility: Receivables...

Receivables has created 'What's New in Receivables' DocID 1944310.1 that centers around all latest information going on Receivables and Receivables-related products.  This tool is updated DAILY and will display all notes that are available to MyOracleSupport users.  Make sure you bookmark this document for a direct route into the latest and most up-to-date knowledge for Receivables and related products.  Highlights include: General Information Direct link to Oracle Social media...

Oracle Receivables has just launched our latest Analyzer, the AutoAccounting Analyzer.  This new analyzer is a self-service health-check script that reviews the current configurations and settings for your AutoAccounting set-up and provides feedback and recommendations to address errors you are encountering.  Your data is NOT altered in any way when you run the Analyzer.  It does not perform INSERTS, UPDATES or DELETES. So how does it work?  When creating a transaction via...

A common error when running the program Create Accounting in Receivables is: ERROR: 95276 The subledger journal entry does not balance by entered currency and there is no entered currency balancing account defined for ledger XYZ. Please define an entered currency balancing account for the ledger of update the entered debit and entered credit amounts for each subledger journal entry line. The cause of this error is balancing account setup at the ledger level is missing. The...

Late Charges is an area of functionality that has steadily been enhanced since it was first introduced as Finance Charges in Release 11i.  In Release 12, it now includes both interest and penalty charges, and has more flexibility in calculation, documentation and storage of the charges.  Additionally in Release 11i, users had to run the Dunning or Statement process to kick off calculation of finance charges, but in Release 12 late charges is a standalone process. You can...

 In the United Kingdom (UK), Vocalink (BACS Technology partner) provides up to date details of the modulus checking methods in use for a number of UK banks and financials institutions to validate UK  Bank Account and to sort code numbers, along with the required weighting tables and sort code substitution data.  An algorithm can be used along with these tables to validate the bank account. There are three types of modulus checks that are performed on the UK bank accounts.    Mod...

Oracle Receivables highly recommends the following if you are running R12.0 application version.1.  Upgrade to 12.0.6 if you are not on 12.0.6. 2.  Apply the latest consolidated patch for Receivables: Patch 12702898:R12.AR.A 3.  Run Import/Validate AAD following the following notes: See Doc ID 1457581.1 for seeded definitions See Doc ID 872067.1 for custom definitions if used. 4.  Use the Subledger PeriodClose Exception Report to view all accounting events and journal entries...