In this post i will share some interesting information about Oracle Receivable Module.this information gather form different sources (metalink,Google and my personal experience as well)
I will update this information as i got any further assistance from any source :)
AR: Allow Overapplication in Lockbox
This profile option controls how AutoLockbox handles receipts when the payment amount is greater than the balance due for a transaction. When a payment exceeds the balance due, AutoLockbox closes the transaction and leaves a negative balance due for the item if both of the following are true:
- AR: Allow Overapplication in Lockbox is set to Yes
- the open debit item's transaction type has Allow Overapplication set to Yes
If either of these are not true, AutoLockbox applies only enough to close the transaction and leaves the remaining receipt amount unapplied.
This profile option can be set by the system administrator at the site, application, and responsibility levels but cannot be updated by the user.
AR: Allow summary table refresh
Set this profile option to Yes if you want to allow the data contained within the transaction summary and open balance tables to be initialized or reset.
After the tables are populated, changes that occur to transaction balances are updated in the summary tables via business events.
Use this profile option for added security to ensure that the summary tables are refreshed only when necessary.
This profile option can be set by the system administrator or user at the application level.
AR: Allow Update of Existing Sales Credits
This profile option determines whether a user can update existing sales credits or if additional sales credit records need to be created to maintain an audit trail.
AR: Always Default Transaction Balance for Applications
This profile option determines the default amount applied value that displays in the Applications window, whether you enter applications directly or by using the Search and Apply feature. The default value includes discount amounts, where applicable.
If you set the profile option to Yes, then the default amount applied is the remaining transaction amount.
If you set the profile option to No, or if a null value exists, then the defaulting rule is:
1. If the unapplied receipt amount is greater than or equal to the transaction, then the default amount applied is the remaining transaction amount.
2. If the unapplied receipt amount is less than the remaining transaction amount, then the default amount applied is the unapplied receipt amount.
3. If the unapplied receipt amount is negative, then the default amount applied is the remaining transaction amount.
This profile option can be set by the system administrator at the site, application, responsibility, and user levels. The user can also update this profile option.
AR: Application GL Date Default
This profile option determines how Receivables determines the default GL Date when you apply receipts. Choose one of the following values:
- Later of Receipt GL date and Invoice GL date: Choose this value to use either the receipt GL date or the invoice GL date, whichever is later, as the default GL date for your receipt applications. This is the default value.
- Later of Receipt GL date, Invoice GL date, and Current date: Choose this value to use the receipt GL date, the invoice GL date, or the current date, whichever is later, as the default GL date for your receipt applications.
This profile option can be set by the system administrator at the site, application, and responsibility levels but cannot be updated by the user.
AR: AutoInvoice Gather Statistics
This profile option determines if the AutoInvoice Master program analyzes and gathers information about the interface tables each time AutoInvoice is run. Analyzing tables ties up system resources.
If the value for this profile option is set to Yes, or is null, AutoInvoice analyzes the interface tables and gathers statistics.
If the value is set to No, AutoInvoice does not analyze the interface tables.
This profile option can be set by the system administrator at the site, application, responsibility, and user levels. The user can also update this profile option.
AR: Bank Directory Source
This profile option is used by iReceivables for bank account transfer payments that make use of the Automated Clearing House (ACH) network. The profile option provides iReceivables with access to the E-Payment routing directory via the Federal Reserve Financial Services web site, a local file downloaded from this web site, or both. iReceivables uses the E-Payment routing directory to derive the name of the bank or financial institution from the routing number that a customer enters to pay an invoice using an ACH bank account transfer.
This profile option can be set by the system administrator at the site, application, responsibility, and user levels but cannot be updated by the user.
AR: Bank Directory URL
This profile option is used by iReceivables to identify the URL in Oracle iReceivables that will host the Federal Reserve Financial Services web site. This profile option is set when the AR: Bank DIrectory Source profile option is set to Web Services or Web Service First then Local.
This profile option can be set by the system administrator at the site level but cannot be updated by the user.
