Create Prepayments with a Past Receipt Date

Create prepayments with a past receipt date by using the Receipt Date field in the payments information on an order.
With this new capability, you can record the actual prepayment receipt date when it was received from the customer, even if the order was entered or imported after the prepayment receipt date. Order Management prepayment processing then creates the receipt with the actual receipt date in Oracle Receivables.

You can enter and update the Receipt Date field for prepayment records at the Header level Payments in the following forms - Sales Orders, Quick Sales Orders, Quote, Quick Quote, and Order Import Corrections. You can also use the Sales Order HTML UI, Process Order API, Order Import, and Web Services to enter and update the receipt date.

Prior to Release 12.2.15, the receipt date was set to the system date when the prepayment receipt was created.

Steps to Enable

The Payments window has a new field Receipt Date in the Header level Payments. This field is hidden by default. 

• In Forms, the field can be made visible via Folder > Show Field option.
• In HTML UI, the field can be made visible by setting the Rendered flag to Yes.

 This field can be enabled only when the Prepay checkbox is selected and the Payment Type is Prepayment.

Tips And Considerations

In the Sales Orders and Quick Sales Orders forms, when the Sales Orders (with payments) are copied using the Actions > Copy with Payments checkbox selected in the Copy Header tab, the Receipt Date is also copied along with other attributes in Payments.

Similarly, the Receipt Date attribute is also copied on the Sales Order HTML UI.

Key Resources

Oracle Order Management User's Guide

• Chapter: Invoicing and Payments > Business Flows