Party & Customer

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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krishna.motupalli
Posts: 24
Joined: Sat Oct 02, 2010 9:32 am
Location: India

Party & Customer

Post by krishna.motupalli »

Hi Friends,

What is the difference between a PARTY and a CUSTOMER from Receivables point of view.

I thank to all those who give their valuable feedback regarding the above topic.


Regards,
Krishna
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anuragagarwal1980
Posts: 55
Joined: Mon Oct 23, 2006 6:33 am
Location: India

Post by anuragagarwal1980 »

When you create a customer using Receivables, system creates the customer as a party, which means you can have both purchasing and selling relationship with the organization.

Customer is purely a selling relationship where was Party can be much more than that.
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