Use the Miscellaneous tabbed region to specify your split amount and the number of days to use for your Days Sales Outstanding (DSO) Calculation in the Collection Effectiveness Indicators Report.
You can also:
Choose whether you require a billing location for receipts, and salespersons and remit-to addresses for transactions
Define the system level write-off limits for receipts
Specify a chargeback due date
Define your Automatic Receipts submission parameters,
Choose a default Application Rule Set
Set the Sales Credit Percent Limit
Open the Miscellaneous tabbed region, then enter the Split Amount that Receivables will use when you generate the Collection Effectiveness Indicators Report. Receivables prints this amount as a selection option for this report.
Use the split amount to determine the number of invoices over and under this amount, as well as the total amounts remaining. For example, your company generates invoices that are either $300 or $500. You choose $400 as your split amount so that you can review how much of your open receivables are comprised of your $300 business and how much corresponds to your $500 business.
Enter the Discount Basis you want Receivables to use when calculating discounts for your invoices. Receivables uses this value as the default Discount Basis in the Payment Terms window. Choose one of the following discount methods:
Invoice Amount: Choose this option to calculate the discount amount based on the sum of the tax, freight charges, and line amounts of your invoices.
Lines Only: Choose this option to calculate the discount amount based on only the line amounts of your invoices.
Lines, Freight Items and Tax: Choose this option to calculate the discount amount based on the amount of line items, freight, and tax of your invoices, but not freight and charges at the invoice header level.
Lines and Tax, not Freight Items and Tax: Choose this option to calculate the discount amount based on the line items and their tax amounts, but not the freight items and their tax lines, of your invoices.
Enter an AutoCash Rule Set (optional). Receivables uses this AutoCash Rule Set when you enter a receipt for a customer whose profile class has not been assigned an AutoCash Rule Set.
Your AutoCash Rule set and the Discount Grace Days you specify in a customer's credit profile determine the sequence of AutoCash Rules that Receivables uses when you run Post QuickCash to automatically apply receipts to this customer's open debit items. See: AutoCash and AutoCash Rule Sets.
Enter the Number of Days to use when calculating your conventional Days Sales Outstanding for the Collection Effectiveness Indicators Report.
Conventional DSO = (total outstanding receivables / total sales for last DSO days) * (DSO days)
Enter a Sales Credit Percent Limit (optional). This setting applies only to sales credit adjustments that you make using the Revenue Accounting feature. The Sales Credit Percent Limit imposes a limit on the percentage of revenue plus non-revenue sales credit that a salesperson can have on any transaction line. If you do not enter a limit here, then no validation is performed when using Revenue Accounting. See: Revenue Accounting.
Enter the write-off limits per receipt.
You cannot write off receipt balances that are less than or greater than the system level write-off limits that you define here. You define the write-off limits range in your functional currency. See: Writing Off Receipts.
To allow Receivables to accept unearned discounts, check the Allow Unearned Discounts box. Unearned discounts are discounts a customer takes after the discount period passes. You define discount periods when defining your payment terms. See: Payment Terms.
To allow discounts to be taken for partial payments, check the Discount on Partial Payment box. A partial payment is a payment that is less than the remaining amount due for a transaction. If this option is Yes, you can still choose to not allow discounts on partial payments at the transaction level when defining your Payment Terms. Set this option to No if you never allow discounts on partial payments.
To require that salespersons be entered when entering your transactions, check the Require Salesperson box.
If you plan to use the Revenue Accounting feature, you must check this box. See Revenue Accounting.
To require that a bill-to location be associated with a cash receipt, check the Require Billing Location for Receipts box. If this option is Yes, the Post QuickCash program does not create receipts that do not have billing locations.
If you check this box, be sure that you also check the Require Billing Location box when defining your Lockboxes; otherwise, Receivables displays an error when you submit AutoLockbox.
Suggestion: If you have customers without statement sites, we recommend that you check this box. If you do not check this box and you have receipts for customers who do not have statement sites and who do not have a billing location associated with the receipt, the unapplied amount of the receipt will not appear on any of the statements for this customer.
To print your remit-to addresses on your customers' statements, check the Print Remit to Address box. You use remit-to addresses to inform your customers of where they should send their payments. See: Remit-To Addresses.
The width and height (in characters) of your customer's remit-to address in your printed dunning letters is 8 characters (height) by 30 characters (width).
To print your home country on your invoices and statements that refer to addresses in that country, check the Print Home Country box.
Enter an amount in the Minimum Refund Amount field. This field is used for automated receipt handling only.
AutoInvoice will automatically create refunds for credit memos that are imported against paid invoices, if the credit request amounts are equal to or greater than the minimum specified here.
AutoInvoice will place on account any credit amount that is less than the specified minimum.
Select the default Credit Card Payment Method for transactions to be paid by credit card.
This field is for use with iReceivables only.
Select the default Bank Account Payment Method for transactions to be paid by Automatic Clearing House bank account transfer.
Note: To accept bank account transfer payments via Oracle Payments and the ACH network, you must select an ACH Bank Account payment method from the list of values.
This field is for use with iReceivables only.
Enter the number of invoices you want the Automatic Receipt program to process before saving in the Invoices per Commit field.
Enter the number of receipts you want the Automatic Receipt program to process before saving in the Receipts per Commit field.
Suggestion: Set the Receipts per Commit option to a large number to avoid intermediate saves in the program. You should use numbers that are large enough to handle your largest automatic receipt batches. To help determine the numbers to use, look at the end of the log file for your largest Automatic Receipt Creation Batch; this gives you the number of receipts marked for this batch. Enter this number in the Receipts per Commit field. You should only reduce the number if you run out of rollback segments.
Enter your default Chargeback Due Date. Receivables uses this date when you create a chargeback. Choose from the following:
Current Date: Use today's date as the default.
Deposit Date: Use the receipt deposit date as the default.
Open Invoice Due Date: Use the due date of the invoice or debit memo as the default.
Receipt Date: Use the receipt date as the default. This is the date that you entered the receipt.
Enter a Default Country. Receivables uses this information to specify the home country for tax calculation, flexible bank structures, flexible address formats, and taxpayer id and tax registration number validation. It also provides a default value of the Country field when you enter addresses. (You can override this value by setting the user profile option 'Default Country.' See: Profile Options in Oracle Application Object Library).
In the Area field, enter the Source of Territory you want Receivables to default into the Salespersons, Transactions, and Customers windows. Receivables uses the value you enter here to determine the default territory for your invoices and commitments. Choose from the following sources:
Bill-To Site: Use your customer's Bill-To Address as the default.
Salesrep: Use the territory assigned to your customer's primary salesperson as the default.
Ship-To Site: Use your customer's Ship-To Address as the default.
None: Do not enter a default territory.
Enter an Application Rule Set or select one from the list of values. Your Application Rule Set determines the default payment steps when you use the Applications window or Post QuickCash to apply receipts. Receivables uses this rule set if none is assigned to the debit item's transaction type. See: Receivables Application Rule Sets.