Oracle EBS Learnings

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 received and 

Pricing in Negotiations - Auction, Offer, RFQ in Oracle Sourcing and Oracle Exchange ------------------------------------------------------------------------------------ The Negotiations functionality is available in Oracle Sourcing for an organization to create buyers' auctions, offers to buy, and requests for quotation (RFQs) and Request for Information (RFI). Oracle Exchange has Negotiations functionality available in the "Marketplace Selling" for creating sellers' auctions, offers to sell, and quotations, and in the "Marketplace Buying" application for creating buyers' auctions, offers to buy, and requests for quotation (RFQs). Negotiations allow buyers and sellers to obtain the best possible price for goods and services. Negotiations There are three negotiations document types depending on a buyer's or seller's transaction requirements. Summary of Negotiations Types -----------------------------

Inventory forecasting is the process of extrapolating  the expected demand of an item over a number of  periods in the future. Forecasts generated by Oracle Inventory are based on historical transaction activity only. When creating a forecast, you can select the type of transactions that you want to use. You can also specify how far into the future that you want to forecast demand. After you complete a forecast, you can use it to determine reorder-point planning. You can also load forecasts into the master schedule, which is a component of the Oracle Material Requirements Planning (MRP) application. Note: If you install only Oracle Inventory, you can manually create forecasts. Manually created forecasts can be based on transaction activity other than historical data Describing Forecast Types Forecast generation uses mathematical algorithms to calculate a prediction of future demand.  You can calculate estimated future demand for items using historical data and focus or s