How to Create Receivables Activity in R12

 

Create Receivables Activity

An activity's type determines whether it uses a distribution set or GL account and in which window your activity appears in the list of values. You can choose from the following types:

Types of Receivables Activity:-

Adjustment

Bank Error

Claim Investigation

Credit Card Chargeback

Credit Card Refund

Earned Discount

Endorsements

Late Charges

Miscellaneous Cash

Payment Netting

Prepayments

Receipt Write-off

Refund

Short Term Debt

Unearned Discount

2. Navigate to the Receivables Activities window

(N) Receivables > Setup > Receipts >Receivables Activity

3. Enter the following details to “Receivable Activity” for “Adjustment”

Field Name	Value
Operating Unit	Vision Operations
Name	Adjustment
Description	Revenue and Tax GL Accounts derived from Invoice
Types	Adjustment
GL Account Sources	Revenue on Invoice
Tax Rate code source	Invoice
Activity GL Account	01-000-1260-0000-000

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4. Click on Save (B)

5. Close the form

6. Repeat the same as above by changing the value in “Type” (LOV)

7. Close the form

8. Return to the main menu