over application receipts Overapplication indicates whether you can overapply transactions using this type .

For example, if you apply a $500 receipt to a $400 invoice, you overapply the invoice and reverse its sign (from positive to negative). Overapplication Rule Each application rule set includes an Overapplication Rule by default. This rule applies any remaining receipt amount after the balance due for all charges has been reduced to zero. If the transaction type for the debit item has the Allow O verapplication check box set to Yes, Receivables applies the remaining amount to the lines, making the balance due negative. If the item's transaction type has Allow Overapplication set to No, you can either place the remaining amount on-ac count or leave it 'Unapplied' AR: Allow Overapplication in Lockbox This profile option controls how AutoLockbox handles receipts when the payment a mount is greater than the balance due for a transaction. When a payment exceeds the balance due, AutoLockbox closes the transaction and leaves a negative balanc e due for the item if both of the following are true: AR: Allow Overapplication in Lockbox is set to Yes The open debit item s transaction type has Allow Overapplication set to Yes If either of these are not true, AutoLockbox applies only enough to close the tr ansaction and leaves the remaining receipt amount unapplied. This profile option can be set by the system administrator at the site, applicat ion, and responsibility levels but cannot be updated by the user.

cross currency receipts Use the Applications window to manually apply receipts that are in one currency to one or more transactions in different currencies. For example, you can apply a receipt whose currency is USD to one invoice denominated in German marks (DEM) and another in Canadian dollars (CND). You can apply receipts to invoices, debi t memos, and chargebacks. You can apply a receipt to an unrelated customer's debit items if the system opt ion Allow Payment of Unrelated Invoices is set to Yes. To apply cross currency receipts, the Receivables system profile option AR: Enab le Cross Currency must be set to Yes. Additionally, you must define a Suspense A ccount for your set of books. See: Setting Up Cross Currency Receipts. When you post a cross currency receipt application to the General Ledger, Receiv ables records a realized gain or loss amount. A realized gain or loss occurs whe n the exchange rate changes between the invoice date and the receipt date. See: Calculating the Foreign Currency Exchange Gain or Loss. Note: In Release 11 of Oracle Receivables, you can only apply cross currency rec eipts using the Applications or the Mass Apply windows. You cannot apply cross c urrency receipts using any of the following methods: Post QuickCash, Lockbox, or Automatic Receipts. You can also use the Mass Apply window to automatically select a range of invoic es for cross currency receipt application. See: Automatically Selecting Invoices for Cross Currency Receipt Application. You can use the Cross Currency Exchange Gain/Loss Report to review your cross cu

rrency receipt applications and the foreign exchange gain or loss for each. See: Cross Currency Exchange Gain/Loss Report.

zero value receipts