JD Edwards EnterpriseOne – Accounts Receivable Drafts

7/26/2019 JD Edwards EnterpriseOne Accounts Receivable Drafts

1/67


2/67

Copyright 2015, Oracle and/or its affiliates. All rights reserved. |

Upcoming Advisor Webcast Schedule

Advisor Webcast JD Edwards

EnterpriseOne Schedule and Archived

Recordings (Doc ID 1450327.1)

Scan through the list of CurrentTopics

Register for the sessions of your

interest

Checkout the ARCHIVEDsections for past

Advisor Webcasts Watch the recording

Download the PDF

Visit the discussions link to view all of

the Q&A from the live presentation .

Upcoming: JD Edwards EnterpriseOneAccounts Receivable Drafts

Register for an upcoming JD Edwards EnterpriseOne Advisor Webcasts
http://localhost/var/www/apps/conversion/tmp/scratch_2/Advisor%20Webcast%20JD%20Edwards%20EnterpriseOne%20Schedule%20and%20Archived%20Recordings%20(Doc%20ID%201450327.1)http://localhost/var/www/apps/conversion/tmp/scratch_2/Advisor%20Webcast%20JD%20Edwards%20EnterpriseOne%20Schedule%20and%20Archived%20Recordings%20(Doc%20ID%201450327.1)http://localhost/var/www/apps/conversion/tmp/scratch_2/Advisor%20Webcast%20JD%20Edwards%20EnterpriseOne%20Schedule%20and%20Archived%20Recordings%20(Doc%20ID%201450327.1)http://localhost/var/www/apps/conversion/tmp/scratch_2/Advisor%20Webcast%20JD%20Edwards%20EnterpriseOne%20Schedule%20and%20Archived%20Recordings%20(Doc%20ID%201450327.1)http://localhost/var/www/apps/conversion/tmp/scratch_2/Advisor%20Webcast%20JD%20Edwards%20EnterpriseOne%20Schedule%20and%20Archived%20Recordings%20(Doc%20ID%201450327.1)http://localhost/var/www/apps/conversion/tmp/scratch_2/Advisor%20Webcast%20JD%20Edwards%20EnterpriseOne%20Schedule%20and%20Archived%20Recordings%20(Doc%20ID%201450327.1)http://localhost/var/www/apps/conversion/tmp/scratch_2/Advisor%20Webcast%20JD%20Edwards%20EnterpriseOne%20Schedule%20and%20Archived%20Recordings%20(Doc%20ID%201450327.1)


3/67


ATTENTIONAUDIO OptionsOption 1: Voice Streaming Audio Broadcast

from your computer

No need to dial in on a telephone

Questions can be asked in the WebEx Chatpanel

Option 2: Teleconference (Di

Requires telephone to dial in Questions can be asked over th

WebEx Chat

Details

Conference ID: 71149424

Passcode: ADVISORKM

International dial in: +1-210-

US Free call: +1-800-493-992 List with national toll free num

in Doc ID: 1148600.1

View anytime during the conf

Communicate > Teleconferen

Teleconferencefrom your We

Upcoming: JD Edwards EnterpriseOneAccounts Receivable Drafts


4/67


Oracle Advisor Webcast

JD Edwards EnterpriseOneAccounts Receivable

Fio ChiariniSr. Support Engineer

August 19, 2015


5/67

Copyright 2015, Oracle and/or its affiliates. All rights reserved. | Oracle ConfidentialInteOracle ConfidentialInte

AUDIO INFOJoin Teleconference


6/67

Copyright 2015, Oracle and/or its affiliates. All rights reserved. | Oracle ConfidentialInte

Locating Current Schedule & Archived Recordings

Oracle Advisor Webcast Program

Access the JD Edwards EnterpriseOne page directly via Note ID : 1450327.1
https://mosemp.us.oracle.com/epmos/faces/DocumentDisplay?_afrLoop=373055003546885&id=1450327.1&_afrWindowMode=0&_adf.ctrl-state=gftkx98xt_115https://mosemp.us.oracle.com/epmos/faces/DocumentDisplay?_afrLoop=373055003546885&id=1450327.1&_afrWindowMode=0&_adf.ctrl-state=gftkx98xt_115


7/67


Where Can I Get The Slides From This Session?

Document and Recording: https://community.oracle.com/docs/DOC-916941

All Places> My Oracle Support Community> JDEdwards EnterpriseOne (MOSC)> Financial - JDE
https://community.oracle.com/docs/DOC-916941https://community.oracle.com/placeshttps://community.oracle.com/community/supporthttps://community.oracle.com/community/support/jdedwards_enterpriseonehttps://community.oracle.com/community/support/jdedwards_enterpriseone/financial_-_jde1https://community.oracle.com/community/support/jdedwards_enterpriseone/financial_-_jde1https://community.oracle.com/community/support/jdedwards_enterpriseone/financial_-_jde1https://community.oracle.com/community/support/jdedwards_enterpriseone/financial_-_jde1https://community.oracle.com/community/support/jdedwards_enterpriseone/financial_-_jde1https://community.oracle.com/community/support/jdedwards_enterpriseonehttps://community.oracle.com/community/supporthttps://community.oracle.com/placeshttps://community.oracle.com/docs/DOC-916941https://community.oracle.com/docs/DOC-916941https://community.oracle.com/docs/DOC-916941


8/67


Accessing My Oracle Support Community

1. Via My Oracle Support -> Community Tab 2. Directlyhttps://community.oracle.co
https://support.oracle.com/https://community.oracle.com/thread/3746096https://community.oracle.com/thread/3746096https://support.oracle.com/


9/67Copyright 2015, Oracle and/or its affiliates. All rights reserved. |

Safe Harbor StatementThe following is intended to outline our general product direction. It is inteninformation purposes only, and may not be incorporated into any contract.commitment to deliver any material, code, or functionality, and should not in making purchasing decisions. The development, release, and timing of anfunctionality described for Oracles products remains at the sole discretion



Oracle Advisor Webcast

JD Edwards EnterpriseOneAccountsReceivable Drafts

Fio ChiariniSr. Support Engineer

August 19, 2015



Objectives

After todays Presentation you should know:

What are drafts?

What is the cycle of drafts?

Different types of drafts.

How to set up the system for draft processing.

How to process a draft.


12/67


Agenda

1

2

3

4

5

Overview

Setup

Processing

Resources

Questions and Answers



13/67


Agenda

1

2

3

4

5

Overview

Setup

Processing

Resources




14/67


Drafts are a promise to pay an obligation, like for example an invoice: Your customer promises you (by returning the slip at the bottom of an invoice

statement or via a credit card slip), that there will be enough money in their bto pay the invoice.

Drafts can go by different names in different parts of the world.

For example, in the Asia Pacific region they are used for post-dated checks, wUS they are used for credit card payments.

Drafts allow for direct communication between your bank and the bank of your sucustomer.

What Are Drafts?

1. A/R DraftsOverview


15/67


The Cycle of Drafts


Your bank notifies you - draft

can now be closed .

R03B680

Your customers bank

sends notification ofapproval to your bank.

Your customerapproves. Your customers bank asks

for approval from, or justnotifies your customer of

the impending payment ofthe invoice.

Request for payfrom your ban

customers

Draft Sent torem

R03B672 ca

Draft Entered (aka Accepted)

is closed.

P03B602 or R03B671


16/67


Customer-generated draft.

Supplier-generated draft.

Credit card payment.

Discounted draft.

Contingency liability.

Types of Drafts



17/67


Difference between drafts and auto debits:

Drafts are authorized separately for each invoice (like swiping your credit card

Note: pre-authorized drafts are the result of a pre-authorized agreementand your customer that the payment instrument of drafts will be used fothat will be issued. The drafts still need to be authorized officially when isinvoice.

Auto Debits are pre-authorized agreements with a supplier (like Auto Pay in th

Draft or Auto Debit?



18/67


1. Draft acceptance:a) Customer Ledger (F03B11):

i. The invoice record is closed.

ii. An R1 placeholder record is created to remind you that you have sent abank, but have not yet received confirmation that your customer actua

a) Receipts Header (F03B13):

i. A draft header record is created with draft status of 4 and posted status oNOTE: The posted code remains blank, even if the draft is posted, until the dr

b) Receipts Detail (F03B14):

i. Draft detail record(s) are created for each invoice paid on the draft.

ii. These records have a draft status of 4.

What Does the System Do when Processing Drafts?



19/67


2. Draft remittance:

a) Receipts Header (F03B13):

i. The draft status changes to 3.

b) Text File Processor Header (F007101) &Text File Processor Detail (F007111):

i. Header and detail records are createdfor the electronic file to be sent to the

bank.c) Receipts Detail (F03B14):

i. Two new records are created, onewith draft status 3, and the other withdraft status 4.

3. Draft collection:

a) F03B13:

i. draft status changes

ii. posted code changes

b) F03B11:

i. R1 placeholder reco

c) F03B14:

i. Two new records arwith draft status 4, draft status 0.

What Does the System Do when Processing Drafts? - Continued



20/67


General Ledger Entries


0. Invoice Creation 2. Draft Remitta

A/R Revenue Drafts

Trade Account(s) Remitted

10,000.00 10,000.00 10,000.00

1. Draft Acceptance 3. Draft Collect

Drafts A/R Bank

Receivable Trade Account

10,000.00 10,000.00 10,000.00


21/67


Agenda

1

2

3

4

5

Overview

Setup

Processing

Resources




22/67


1. Automatic Accounting Instructions (AAIs) RD1x, RD2x, RD3, RD4 and RD5

2. Customer

Payment instrument

Bank account information

3. Company

G/L bank account information

4. Draft Remittance UBE(s)

Processing options

Required Setup

2. A/R DraftsSetup


23/67


RD1x, RD2x, RD3, RD4and RD5 AAIs (x is thepayment instrument,optional).

1. AAIsP0012

2. A/R DraftsSetup


24/67


Customer Master - P03013

Payment Instrument

2. Customer

2. A/R DraftsSetup


25/67


2. Customer

2. A/R DraftsSetup

Customer Bank AccountP0030A

Record Type


26/67


G/L Bank Account - P0030G

3. Company

2. A/R DraftsSetup


27/67


Set processing options asdesired on the version(s)that will be used;the processing optionsshown are those forR03B672T, versionXJDE0001.

4. Draft Remittance UBE(s)

2. A/R DraftsSetup


28/67


Agenda

1

2

3

4

5

Overview

Setup

Processing

Resources




29/67


1. Overview How to Process a Draft2. Create the Draft

Preauthorized Drafts

Enter Customer Drafts

3. Remit the Draft

4. Collect and Close the Draft

5. Exceptions to the Rule

Processing a Draft

3. A/R DraftsProcessing


30/67


1. Enter an invoice and post it.

2. Using either Preauthorized Drafts (R03B671) or Enter Customer Drafts (P03B602 | Za draft for the invoice, and post it.

3. Using Draft Remittance (R03B672) in proof mode, to remit the draft.

4. Verify the PDF; if correct run R03B672 in final mode (this creates either paper draftsend to the bank).

5. Send the paper drafts or the text file to your bank.6. Post the resulting DB type batch (different batch number than when the draft was c

7. Once confirmation and payment are received from the customers bank via your baCollection (R03B680) to close the draft.

8. Post the resulting DB type batch (different batch number than when the draft was cremitted).

1. Overview How to Process a Draft

3. A/R DraftsProcessing


31/67


1. Use Preauthorized Drafts (R03B671) to create the draft.

2. Create the Draft

A/R DraftsProcessing

P03B


32/67


2. Create the Draft - Continued


R03B671Processing Options


33/67





34/67


1. 2. Use Enter Customer Drafts(P03B602/ZJDE0002) to create thedraft.




35/67





36/67





37/67


1. Run Draft Remittance (R03B672) in proof mode.


3. Remit the Draft



38/67


3. Remit the DraftContinued




39/67


3. Remit the Draft - Continued




40/67





41/67


2. Run R03B672 in final mode (this creates either paper drafts or a text file to send




42/67





43/67




P007101


44/67




P


45/67


Once confirmation and payment are received from the customers bank via youDraft Collection (R03B680) to close the draft.

R03B680 - Processing Options:

4. Collect and Close the Draft



46/67



4. Collect and Close the Draft - Continued



47/67






48/67


Run A/R Draft Collection (R03B680) in proof mode.




49/67


Run A/R Draft Collection (R03B680) in final mode.



/


50/67


If for whatever reason the draft has to return to an earlier status, i.e. it currently isstatus (3) or in Collected status (0), inquire on the draft via P03B602 and use row eto return it to the prior status.

Note: If the draft has to go from status 0 to 4, you need to do this twice.

If the client does not have enough money in the bank account they indicated/specinvoice/draft, and the draft needs to be voided, use the NSF functionality in P03B6

1. Inquire on the draft via P03B602 and take row exit NSF.

2. Confirm deletion.

3. Enter a reason code and a (Void/NSF) GL date.

4. Decide if this should be a partial NSF or not, if you want a renewal draft creatwant a journal entry (with or without VAT) created for this.

5. Click on OK and post the resulting DB type batch.

5. Exceptions to the Rule


/


51/67


5. Exceptions to the Rule - Continued


Exception: Return a draft to an earlier status.

Before any change

Step 1

P03B602

/ f


52/67




Step 2

Step 3

Exception: Return a draft to an earlier status.

P03B602

/ f i


53/67




Before any change P

Exception: Void a draft due to non-sufficient funds (NSF).

/ f i


54/67




Step 1


P03B602

A/R D f P i


55/67




Step 3


P03B602

A/R D f P i


56/67




Step 4



57/67


Agenda

1

2

3

4

5

Overview

Setup

Processing

Resources




58/67


Top Articles How To Set Up and Process Draft

EnterpriseOne Accounts Receiva

R03B671, R03B672, R03B680) (D760933.1)

Frequently Asked Questions on A

Receivable Draft Processing (P03

R03B671, R03B672, R03B680) (D

965170.1)

Information Center: Using the JD

EnterpriseOne Accounts Receiva

(Doc ID 1489295.2)
https://support.oracle.com/epmos/faces/DocumentDisplay?id=760933.1https://support.oracle.com/epmos/faces/DocumentDisplay?id=760933.1https://support.oracle.com/epmos/faces/DocumentDisplay?id=760933.1https://support.oracle.com/epmos/faces/DocumentDisplay?id=760933.1https://support.oracle.com/epmos/faces/DocumentDisplay?id=1489295.2https://support.oracle.com/epmos/faces/DocumentDisplay?id=1489295.2https://support.oracle.com/epmos/faces/DocumentDisplay?id=1489295.2https://support.oracle.com/epmos/faces/DocumentDisplay?id=1489295.2https://support.oracle.com/epmos/faces/DocumentDisplay?id=1489295.2https://support.oracle.com/epmos/faces/DocumentDisplay?id=1489295.2https://support.oracle.com/epmos/faces/DocumentDisplay?id=760933.1https://support.oracle.com/epmos/faces/DocumentDisplay?id=760933.1https://support.oracle.com/epmos/faces/DocumentDisplay?id=760933.1https://support.oracle.com/epmos/faces/DocumentDisplay?id=760933.1


59/67


Session Related Links Continue the discussion on the My Oracle

Community! Post your follow-up question

comments, and continue the Q&A after th

(All of the Q&A posted here)

https://community.oracle.com/thread/374

Presentation document (PDF) and recordin

already posted & recording within 24 hour

https://community.oracle.com/docs/DOC-

Oracle Support Document 2022519.1(ADV

WEBCAST: JD Edwards EnterpriseOne Acco

Drafts) can be found at:

https://support.oracle.com/rs?type=doc&
https://community.oracle.com/thread/3746096https://community.oracle.com/docs/DOC-916941https://support.oracle.com/rs?type=doc&id=2022519.1https://support.oracle.com/rs?type=doc&id=2022519.1https://support.oracle.com/rs?type=doc&id=2022519.1https://support.oracle.com/rs?type=doc&id=2022519.1https://community.oracle.com/docs/DOC-916941https://community.oracle.com/docs/DOC-916941https://community.oracle.com/thread/3746096


60/67


SummaryWhatwe covered today

Drafts are a promise to pay an obligation, can go by different names, and

bank to communicate directly with your customers banks.

The cycle of drafts is entering a draft via P03B602 or R03B671, creating a to your bank via R03B672 and R03B672xx, communication between youryour customers banks, and then closing the draft via R03B680 or voiding

Different types of drafts are supplier or customer generated drafts, post-d

checks, credit card payments, and so on. How to set up the system for draft processing, and then how to process a

following the cycle of drafts.


61/67


Learn MoreAvailable References and Resources to Get Proactive

My Oracle Support Essentials Webcast Serieshttps://support. oracle.com| Doc ID: 553747.1

My Oracle Support Bloghttps://blogs.oracle.com/supportportal/

Get Proactive in My Oracle Supporthttps://support. oracle.com| Doc ID: 432.1

Ask the Get Proactive [email protected]

Successful Service Requests for Faster Resolution
https://support.us.oracle.com/https://support.oracle.com/epmos/faces/DocumentDisplay?id=553747.1https://blogs.oracle.com/supportportal/https://support.us.oracle.com/https://support.oracle.com/epmos/faces/DocumentDisplay?id=432.1mailto:[email protected]:[email protected]:[email protected]:[email protected]://support.oracle.com/epmos/faces/DocumentDisplay?id=432.1https://support.us.oracle.com/https://blogs.oracle.com/supportportal/https://support.oracle.com/epmos/faces/DocumentDisplay?id=553747.1https://support.us.oracle.com/


62/67


Successful Service Requests for Faster ResolutionResolve issues faster so you can get back to doing your real job!

No

you

all con

broa

too

fast

S

Vi

Ap

(Do

le

Quicker Service Request (SR) Resolution


63/67


Quicker Service Request (SR) ResolutionMy Oracle Support enhancements for quicker issue resolution

Find targeted solutions while logging SRs with NEW Guided Resolut

Narrows down the issue and guides you to a recommended solution when creatin

Reduce SR resolution times with NEW SR Data Collection (SRDC)

Provides a consistent set of required data (e.g. logs, screen prints) to help shorten takes to clarify issues and resolve SRs.

Increase solution collaboration by leveraging the NEW Chat Feature

In My Oracle Support, a support engineer can now instant message you about your S

Oracle ConfidentialInte


64/67


To ask a question on thline, select *1on your

To ask a question onlinCHATarea at the top.

Your question will be rthe order received.

Questions can also be My Oracle Support Comhttps://community.oracle.com/t
https://community.oracle.com/thread/3746096https://community.oracle.com/thread/3746096


65/67


Oracle Advisor Webcast ProgramLocating Current Schedule & Archived Recordings

From Note ID : 740966.1drill down to your area of interest

JD Edwards EnterpriseOne Note ID : 1450327.1

Continued Discussions:

https://community.oracle.com/thread/3746096

Document and Recording:

https://community.oracle.com/docs/DOC-916941

Oracle Support Document 2022519.1(ADVISOR WEBCAST:JD Edwards EnterpriseOne Accounts Receivable Drafts) can

be found at:

https://support.oracle.com/rs?type=doc&id=2022519.1

Oracle Support Document 1905810.1 (JD Edwards EnterpriseOne: Compensation Management Fundamentals) can be found at: https://support.oracle.com/ep

Oracle Advisor Webcast Program
https://support.us.oracle.com/oip/faces/secure/km/DocumentDisplay.jspx?id=740966.1https://mosemp.us.oracle.com/epmos/faces/DocumentDisplay?_afrLoop=373055003546885&id=1450327.1&_afrWindowMode=0&_adf.ctrl-state=gftkx98xt_115https://community.oracle.com/thread/3746096https://community.oracle.com/docs/DOC-916941https://support.oracle.com/rs?type=doc&id=2022519.1https://support.oracle.com/rs?type=doc&id=2022519.1https://support.oracle.com/epmos/faces/DocumentDisplay?id=1905810.1https://support.oracle.com/epmos/faces/DocumentDisplay?id=1905810.1https://support.oracle.com/rs?type=doc&id=2022519.1https://support.oracle.com/rs?type=doc&id=2022519.1https://community.oracle.com/docs/DOC-916941https://community.oracle.com/docs/DOC-916941https://community.oracle.com/docs/DOC-916941https://community.oracle.com/thread/3746096https://mosemp.us.oracle.com/epmos/faces/DocumentDisplay?_afrLoop=373055003546885&id=1450327.1&_afrWindowMode=0&_adf.ctrl-state=gftkx98xt_115https://support.us.oracle.com/oip/faces/secure/km/DocumentDisplay.jspx?id=740966.1


66/67


Oracle Advisor Webcast ProgramRegister for an upcoming JD Edwards EnterpriseOne Advisor WebcastsAdvisor Webcast JD Edwards EnterpriseOne Schedule and Archived Recordings (Doc ID
http://localhost/var/www/apps/conversion/tmp/scratch_2/Advisor%20Webcast%20JD%20Edwards%20EnterpriseOne%20Schedule%20and%20Archived%20Recordings%20(Doc%20ID%201450327.1)http://localhost/var/www/apps/conversion/tmp/scratch_2/Advisor%20Webcast%20JD%20Edwards%20EnterpriseOne%20Schedule%20and%20Archived%20Recordings%20(Doc%20ID%201450327.1)


67/67

THANK YOU

Documents

JD Edwards EnterpriseOne – Accounts Receivable Drafts