Oracle Receivable Standard Features Differences between 11i and R12

S
l
1

Standar
d
Feature
s
Revenue
Recognit
ion

11i

Only Rule
based
Revenue
Recognitio
n exists in
11i.

R12

In R12 revenue recognition is based on Rules and Events, and they are:
Time-Based Revenue Recognition
o Ratably Over Time
o Upon Expiration of Contingencies
Event-Based Revenue Recognition
o Payment
o Customer Acceptance
Rule-Based Revenue Recognition
o Payment Term Thresholds
o Refund Policy Thresholds
o Customer Credit worthiness
Daily Revenue Recognition
o Revenue distribution over full as well as partial accounting periods.
o Fulfills stringent accounting standards
o Accuracy to the number of days in the accounting period.
Enhanced Revenue Contingencies
o Fully Supports US GAAP and IAS
o User definable contingencies
o User definable defaulting rules for contingencies assignment
o Supports parent-child (e.g. Product and Service) relationship
o Integration with Order Management and Service Contracts
o User Interface as well as Programming Interface (API) support
o Access control through seeded Revenue Managers Responsibility
Deferred Revenue Management
In Release 12, revenue contingencies for customer acceptance that are applied to goods sold in
Order Management are now
applied to services sold to cover those goods. Revenue is deferred for service ordered in both Orde
Management and Service Contracts. Acceptance contingencies associated with an item instance
are automatically applied to service revenue associated
with the item instance when it is covered in a Service Contract as a Covered Product.

Global
Architect
ure

Enhance
d
Custome
r Screen

Limited
integration
of EBusiness
Tax
module
with
Oracle
Receivable
s.
We have
seen 11i
Customer
standard
forms
makes
easier by
simple
navigation.
This times
there is
clearer
separation
of the
party and
account
layers,
which
makes a
consist ant
look and
feel. More
over full
backward
compatibili
ty with 11i
UI Bill
Presentme

EBusiness Tax - Oracle E-Business Tax is a new product that uniformly delivers tax services to al
Oracle EBusiness Suite business flows. In Release 12, Receivables is enhanced to support
integration with the E-Business Tax product.
Intercompany - This is enhanced by automatic balancing

The AR Create Customer page in R12 has eliminated the navigation to separate windows. Now,
users can specify the
following on a single page:
Customer Information
Account Details
Address
Account Site Details
Business Purpose

nt
Architectu
re has
been
provided.

Refunds

Late
Charges

AP AR
Netting

Limited
integration
with
Oracle
Payables.
Does not
exist.

Contra
Charges
functions
available
in the 11i.

Oracle Receivables is fully integrated with Oracle Payables to deliver a seamless, automated
process to generate check and bank account transfer refunds for eligible receipts and credit
memos.
With new changes these are the enhanced functionality:
Expanded assessment and calculation capabilities
Tiered charge schedules
Penalty charge calculation
Integration with Balance Forward Billing
Centralized setup and maintenance of late charge policies
Calculation performed independent of Dunning and Statement processing.

R12 Netting solution replaces 3 solutions(FV,JE,IGI) in 11i.

In R12 the Contra Charge functionality has been optimized and therefore changed into the AP/AR
Netting functionality.
In the Payables module as well as the Receivables module, there is a Netting submenu.
Payables: Payments -> Entry -> Netting
Receivables: Receipts -> Netting