How Many Types of Finance Header Exist?
There are three types of finance header in Oracle Training Administration:
- Payable: a header for supplier payment finance lines
- Receivable: a header for enrollment and prepurchase charge finance lines. There are four subtypes:
- Standard: for enrollment finance lines where an invoice should be issued after the event
- Prepayment: for enrollment finance lines where an invoice should be issued before the event
- Prepurchase Payment: for prepurchase charge finance lines where a customer is paying a sum in advance for unspecified enrollments
- Prepurchase Use: for enrollment finance lines where the cost of the enrollment is to be deducted from a prepurchase balance and no invoice is to be issued
- Cancellation: a header that supersedes a previous header that has already been transferred to your financial system and therefore cannot be updated
You must create a finance header of the appropriate type for each supplier or customer your enterprise deals with.
See Also
Finance Headers and Currency
Can You Set Up Different Types of Finance Lines?
