What is Auto cash Rule Set in receivables ?

Answers were Sorted based on User's Feedback



What is Auto cash Rule Set in receivables ?..

Answer / mirza khan

Receivables provides five AutoCash rules that we can use to
create our own AutoCash rule sets. When we run Post
QuickCash to apply customer's receipts, Receivables tries
to use each AutoCash rule within an AutoCash rule set. If
the first rule in the set does not find a match,
Receivables uses the next rule in the sequence, and so on
until it can apply the receipt.
Following are the AutoCash rules we can use:
o Match Payment with Invoice
o Clear the Account
o Clear Past Due Invoices
o Clear Past Due Invoices Grouped by Payment Term
o Apply to the Oldest Invoice First

Is This Answer Correct ?    29 Yes 0 No

What is Auto cash Rule Set in receivables ?..

Answer / mahesh .gudeti

Auto Cash rule set is used to,

How to apply the receipt amount various transactions is called as a Auto cash rule set.

Is This Answer Correct ?    4 Yes 0 No

Post New Answer

More Oracle Apps Financial Interview Questions

What are diff between item master organization and child organization ?

1 Answers   Logica CMG,


what are flexfields in Asset?

6 Answers  


How do U do the Analysis of discounts lost and fixing the root cause

1 Answers   Infosys, Wipro,


Can you split an Invoice?

5 Answers   Cap Gemini,


How do u bridge the gaps in functional understanding of AP,GL,FA. explain with some live examples.

0 Answers   iVAS Solutions, Satyam,






how do u explain what are revaluation reserve, revaluation reserve retired, and revaluation amortization accounts

0 Answers   Zensar,


Five main difference between Tally & ERP?

36 Answers   Ashveera, Cogzidel, India Earthmoving Spares Corporation, KPMG, Marcer, National Techno, Vindian, Wipro,


What is gap analysis, how do you defined?

0 Answers  


What is meant by third party payments?

0 Answers  


Do you receive deposits and/or prepayments?

3 Answers  


What is the meaning holding tax?

0 Answers  


While setting up the cross validation rules is it necessary to enable the SECURITY RULE check box along with CROSS VALIDATION RULE check box in flexfield structure. plz clarify my dt

3 Answers  


Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (793)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (114)