Sl
|
Standard
Features
|
11i
|
R12
|
1
|
Revenue
Recognition
|
Only Rule based Revenue
Recognition exists in 11i.
|
In R12
revenue recognition is based on Rules and Events, and they are:
• Time-Based Revenue Recognition o Ratably Over Time o Upon Expiration of Contingencies • Event-Based Revenue Recognition o Payment o Customer Acceptance • Rule-Based Revenue Recognition o Payment Term Thresholds o Refund Policy Thresholds o Customer Credit worthiness • Daily Revenue Recognition o Revenue distribution over full as well as partial accounting periods. o Fulfills stringent accounting standards o Accuracy to the number of days in the accounting period. • Enhanced Revenue Contingencies o Fully Supports US GAAP and IAS o User definable contingencies o User definable defaulting rules for contingencies assignment o Supports parent-child (e.g. Product and Service) relationship o Integration with Order Management and Service Contracts o User Interface as well as Programming Interface (API) support o Access control through seeded Revenue Managers Responsibility • Deferred Revenue Management In Release 12, revenue contingencies for customer acceptance that are applied to goods sold in Order Management are now applied to services sold to cover those goods. Revenue is deferred for service ordered in both Order Management and Service Contracts. Acceptance contingencies associated with an item instance are automatically applied to service revenue associated with the item instance when it is covered in a Service Contract as a Covered Product. |
|
|
||
2
|
Global
Architecture
|
Limited
integration of E-Business Tax module with Oracle Receivables.
|
•
EBusiness Tax - Oracle E-Business Tax is a new product that uniformly
delivers tax services to all Oracle EBusiness Suite business flows. In
Release 12, Receivables is enhanced to support
integration with the E-Business Tax product. • Intercompany - This is enhanced by automatic balancing |
3
|
Enhanced
Customer Screen
|
We have
seen 11i Customer standard forms makes easier by simple navigation. This
times there is clearer separation of the party and account layers, which
makes a consist ant look and feel. More over full backward compatibility with
11i UI Bill Presentment Architecture has been provided.
|
The AR
Create Customer page in R12 has eliminated the navigation to separate
windows. Now, users can specify the following on a single page:
• Customer Information • Account Details • Address • Account Site Details • Business Purpose |
4
|
Refunds
|
Limited
integration with Oracle Payables.
|
Oracle
Receivables is fully integrated with Oracle Payables to deliver a seamless,
automated process to generate check and bank account transfer refunds for
eligible receipts and credit memos.
|
5
|
Late
Charges
|
Does
not exist.
|
With
new changes these are the enhanced functionality:
• Expanded assessment and calculation capabilities • Tiered charge schedules • Penalty charge calculation • Integration with Balance Forward Billing • Centralized setup and maintenance of late charge policies • Calculation performed independent of Dunning and Statement processing. |
6
|
AP AR
Netting
|
Contra
Charges functions available in the 11i.
|
R12
Netting solution replaces 3 solutions(FV,JE,IGI) in 11i.
In R12 the Contra Charge functionality has been optimized and therefore changed into the AP/AR Netting functionality. In the Payables module as well as the Receivables module, there is a Netting submenu. Payables: Payments -> Entry -> Netting Receivables: Receipts -> Netting |
Join the OracleApps88 Telegram group @OracleApps88to get more information on Oracle EBS R12/Oracle Fusion applications.
If you are facing any issues while copying the Code/Script or any issues with Posts, Please send a mail to OracleApp88@Yahoo.com or message me at @apps88 or +91 905 957 4321 in telegram.
If you are facing any issues while copying the Code/Script or any issues with Posts, Please send a mail to OracleApp88@Yahoo.com or message me at @apps88 or +91 905 957 4321 in telegram.
Wednesday, September 9, 2015
Oracle Receivable Standard Features Differences between 11i and R12
Subscribe to:
Post Comments (Atom)
If you are facing any issues while copying the Code/Script or any issues with Posts, Please send a mail to OracleApp88@Yahoo.com or message me at @apps88 or +91 905 957 4321 in telegram.
No comments:
Post a Comment