Oracle Receivables Update

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Oracle Receivables Update

• June Sun
• Product Strategy Manager Receivables
• Nancy Beardsley
• Principal Sales Consultant
• January 24, 2006

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Agenda

• New Features in Financials Family Pack G
• Sneak Peek into R12
• FUSION Process
• QA

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New Features in Family Pack G
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Oracle Receivables (Family Pack G)Get the Cash
and Manage the Revenue

• Instill Corporate Fiscal Discipline
• Revenue Management Enhancements
• Receivables Reconciliations Enhancements
• Optimize Customer Relationships
• Refunding of Customer Credits (Electronic
  Refunds)
• Increase Efficiencies and Improve Cash Flow
• Credit Card Error Handling
• Deduction Management Enhancements
• Additional Bills Receivable Reference Field

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Revenue Management EnhancementsComply with
Regulatory Pronouncements

• Enhanced Payment-Based Revenue Recognition
• Payment-Based Revenue Recognition extended to
  Oracle Lease Management and Oracle Loans
  out-of-the-box
• COGS and Revenue Matching Report
• Available in Detail and Summary

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Simplified COGS Revenue Matching Compliance
Automated COGS and Revenue Matching functionality
planned for R12
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Enhanced AR Reconciliation Process
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Enhanced AR to GL Reconciliation Process
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AR Reconciliation Report Screen Shot
AR Recon
Postable vs. Non-Postable
Journal Totals Compare Accounting and
Transactional Data
Details Coincide with Register Data
Aged vs. Non-Aged
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Potential Reconciling Items Reportscreen shot
Potential Reconciling Items Report
Asset Account in Non-Asset Category
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Enhanced Receivables Reconciliation Reconcile
Your Receivables Easily and Efficiently
Create Your Own Templates
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Refunding of Customer Credits
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Credit Card Error HandlingAutomate Exception
Processing setup
Select Actions Notes Based On Error Codes
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Credit Card Error HandlingManual Error Correction
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Deduction Management EnhancementsReduce Claim
Resolution Time

• Open Receipt Defaulting Option
• View open receipts in the Receipt Applications
  Apply To LOV and the Search Apply window
• Claim Information Sharing
• Additional Claim information will be available in
  the Receipt Applications and Search and Apply
  application windows to perform receipt-to-receipt
  applications of open claims.

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Sneak Peek at R12
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R12 Key Initiatives

• Sub-Ledger Accounting Architecture
• Single Accounting Engine!
• eTax
• Common Model for electronic payment Processing
• Shared Services
• Legal Entities
• Intercompany

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R12 Top Planned Features

• Revenue Management Enhancement
• Partial Period Revenue Recognition
• Revenue Contingencies
• COGS and Revenue Matching
• Line Level Cash Applications
• Refunds
• Enhanced Consolidated Billing(Balance Forward
  Billing)
• Late Charges (Interest Invoice)
• Credit Card Chargebacks

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Fusion Applications
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Fusion Will Evaluate the Best of Functionality
From E, E1, EBS
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The Fusion Roadmap
Fusion MiddlewareCertification
Information Age Applications
Fusion Architecture
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Fusion Application Design PrinciplesNext
Generation Applications

• Greatest Business Insight
• Real-time operational analysis ability to take
  action
• How? New user interface, integrated intelligence
• Adaptive Business Processes
• Simpler to integrate and customize
• How? Investment in SOA components
• Superior Ownership Experience
• Goal Increased automation, Lower Cost of
  Maintenance
• How? Investment in technology for use by
  applications
• User Experience
• Industry

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A
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Configuring Oracle for Revenue Recognition

• Food for Thought

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Ideas to Help Solve Revenue Recognition
Challenges

• Utilizing Bill Presentment Architecture
• Flexfields in AR and OM to Capture Data
• Separate Invoicing from Revenue Accounting
• Advanced Pricing Formulas to Derive Revenue
  Amounts in Order Management
• Utilize Pricing Attributes and Modifiers
• Revenue Adjustment API To Trigger Revenue
  Recognition Based on POS Data
• Trade Management Calculates Distributors
  Inventory

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Standard Order Management
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Amount Utilized to Record Revenue
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Bill Presentment Amount(What the Customer Will
See)
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Rev. Recognition Rules Derived at Individual Item
Level
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Utilizing Adv. Pricing to Derive Revenue
Allocation
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Item Linked to a Formula on Price List
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Advanced Pricing - Its Just Algebra!!
Used to Calculate Weighted Avg.
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B.P.A. Example
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B.P.A. Example
Add OM or AR Flexfields
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B.P.A. Example
Need To Add Flexfields to Std. OM View
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B.P.A. Patch

• Patch number is 11i 4520764. 
• This patch provides an enhanced attribute list
  for Template Assignment.
• The following content items from the Oracle
  Receivables Invoice Header View have been seeded
  as new template assignment attributes
• Batch Source
• Transaction Type
• Context Reference
• Interface Header Attributes 1...15

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Typical Distributor Revenue Flow
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Recognize Revenue Upon Sell-Thru By Utilizing
Revenue Adjustment API
Utilize to Trigger Reclass from Deferred to
Realized via Revenue Adjustment API
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• Create a New Rule
• Be Sure to Checked the Deferred Revenue box.
• When assigned to the invoice line, revenue will
  be deferred indefinitely.

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A
Thanks for Attending!