Non-invoice related transactions such as investment and interest income are known as miscellaneous receipts in Receivables. Use the Receipts or Receipts Summary window to enter your miscellaneous receipts.

You can enter miscellaneous receipts in any currency defined in the system if you have at least one remittance bank account which has the Multiple Currencies Allowed check box selected. If no such bank account exists, you can only enter receipts in the same currency in which bank accounts exist.

Receivables uses distribution sets that you define to account for miscellaneous receipts. See: Distribution Sets.

Prerequisites

• Define miscellaneous cash receivable activities

• Define distribution sets

• Define receipt classes

• Define receipt methods

• Define receipt batch sources

• Open your accounting periods

• Define your profile options

To enter a miscellaneous receipt:

1. Navigate to the Receipts window.

2. Enter receipt information, including Receipt Method, Receipt Number, Currency, Receipt Amount, and GL Date.

   See also: Entering Receipts.

3. Choose a Receipt Type of Miscellaneous.

4. Enter a Reference Type for this transaction (optional).

5. If you entered a Reference Type, enter the corresponding Reference Number, or choose from the list of values. This table illustrates some examples:

   Reference Type	Reference Number
   Payment	Check Number
   Payment Batch	Payment Batch Name
   Receipt	Receipt Number
   Remittance	Remittance Batch Name

   If your Reference Type is Payment, the list of values lets you choose from checks recorded in Oracle Payables that are written from the same bank account as the remittance account you entered for this transaction.

   If your Reference Type is Payment Batch, the list of values lets you choose from payment batches created in Oracle Payables that have the same bank account as this transaction.

   If your Reference Type is Receipt, the list of values lets you choose from receipts in Receivables that have the same bank account as this transaction.

   If your Reference Type is Remittance, the list of values lets you choose from Receivables remittance batches that have the same bank account as this transaction.

6. In the Paid By region, specify from where this payment originated (optional). This field is for informational purposes only.

7. Enter an activity, or choose one from the list of values.

   The Receivables activity determines the default distribution set and accounting for this transaction.

   You can enter any Receivables activity with a Miscellaneous Cash type except an activity that was previously set up with a location-based tax code. You cannot enter a location-based tax code because you cannot enter ship-to information in the Receipts window.

   Note: If your tax method is VAT and you calculate tax on miscellaneous receipts, the Receivables Activity also determines the tax code and tax rate for this transaction.

   Note: To create a miscellaneous receipt with a negative amount, you must confirm that the receivables activity with the Miscellaneous Cash activity type has a liability tax code with a tax type of Input. See: Receivables Activities.

8. If you want to change the tax code for this transaction, enter a Tax Code (optional). You can enter any predefined tax code with a type of Sales or VAT.

   Attention: You can change the default Tax Rate and Tax Amount if the tax code is an ad hoc tax code and the profile option Tax Allow Ad Hoc Tax Changes is set to Yes. Otherwise, these fields are for display only.

9. Modify the remittance Bank Account (optional).

10. If you are using manual document numbering, then open the More tabbed region and enter a unique Document Number.

11. Modify the Deposit Date (optional).

12. To review or update the general ledger account information for this transaction, choose Distributions.

    Note: If your tax method is VAT and you calculate tax on miscellaneous receipts, the Distributions window displays the tax code and tax amount for this transaction.