Revenue Contingency Life Cycle
Revenue Recognition Accounting Standards
Flexible Billing Cycles
Flexible Billing Cycles
- Billing cycles can be selected ad-hoc during invoice creation.
- Consolidated Billing (Balance Forward Billing) can also be generated via BPA in R12.
Enhanced Late Charges
More Accurately Apply Customer Payments
- Line level cash application. Apply cash to a invoice line or group of lines
- New Receipt Workbench
Attachment Printing in BPA
- This feature is enabled with a new system profile option. ‘AR: BA Print Attachment Document%’ Set the category for printing.
- This allows you to print attachments that are associated with the invoice
Make better credit decisions with credit management
Interest calculation in the cash management module
Interest calculation in the cash management module
- Interest rate schedules
- Notional cash pool (Euro)
- On-line calculator
Refund Automation
- Automatic refunds for Auto Invoice credit memos
- Simplified manual refund process
- Refund approval workflow (AP)
Credit Card Chargeback Processing
- In this process, you are responsible for sending the funds back to the bank on behalf of the customer.
- Simplified credit card chargeback processing