In different countries a number of companies prefer to accept goods formally before being invoiced by the supplier. To record and view customer acceptance, Oracle Order Management integrates with Accounts Receivables and Costing. The customer can accept the goods in any or in combination of the following ways: Pre-Billing Acceptance (goods are accepted before Invoicing) – Implicit or Explicit Post-Billing Acceptance (goods are accepted after Invoicing) – Implicit or Explicit What is ‘Customer Acceptance’? Customer Acceptance is new functionality with R12 that gives a seller control over the timing of customer invoicing or revenue recognition and provides the ability to link either of these events with customer satisfaction of a product or service delivery. Where invoicing used to be automatic based on the standard fulfillment criteria of shipping a product or service, it can now be delayed until explicit or implicit customer acceptance criteria are...
These are some notes from my learnings in EBS for past 13 years.