Finance Charges in AR

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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kommineni7
Posts: 150
Joined: Wed May 30, 2007 6:05 am
Location: India

Finance Charges in AR

Post by kommineni7 »

Hi,

Can some body tell what are the major changes relating to Finance charges in 11i Vs R12.

Please confirm below points are correct

in 11i, at max we can create Adjustment using receivable activity to record finance charges?

in R12, we can create interest invoice/Debit memo/Adjustment?


Thanks so Much,
Venkatesh
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karthikeyanp1981
Posts: 463
Joined: Thu Nov 09, 2006 4:50 pm
Location: India
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Contact karthikeyanp1981

Post by karthikeyanp1981 »

There are many more ....
Released Content Document (RCD) has the details of the major changes in Release 12 also the new features ...

Regards,
Karthikeyan
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kommineni7
Posts: 150
Joined: Wed May 30, 2007 6:05 am
Location: India

Post by kommineni7 »

Thanks Karthik,

Based on RCD for R12 i understood that, in R12 we can create debit memo, interest invoice or adjustment.

my questions here is what is the existing functionality in 11i relating to finance charges. can you brief?
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