Order Management - R12 Futures

Order Management:-

1. Customer Creation
     The new UI delivers an improved layout for accessing all aspects of a customer setup, providing a clear distinction between the customer’s company details and the terms & controls that are used to manage the customer relationship. General and site level setup parameters is now available on a single page and work has been done to rationalize the organization of setup preferences across fewer sub-tabs to allow administrators quicker access to information.
a. A new customer
b. An account for the customer
c. An account site for the account
d. A business purpose for the account site


2. Cascading in order management
     a. Means the order header attributes gets defaulted to order lines. When we change the value in the header, the line value  gets changed.
     b. Query the profile OM: Sales Order Form: Cascade Header Changes to Line to of the following options in site level
    c. Set the profile to one of the values
       - Automatic
       - Manual
       - Ask me
    d. Query the OM_header_to_line_cascade from quick codes
    e. Enable the Salesperson attribute
    f. Create a sales order

3. Credit Card Security Code
    Credit Card Entry Enhancements - An additional field has been added to the order entry screen to capture the security code typically located on the back of a credit card. Additionally, the credit card number is encrypted at the database level and stored within the Payments (formally IPayments) module

4. Renaming Blanket Sales Agreement

5. Item Orderability ( 12.1.1)
     Businesses need the ability to define which customers are allowed to order which products, and the ability to apply the business logic when the order is created.
Set this Profile to site level
OM: Use Materialized View for Items LOV (Honors Item Orderability Rules) -- No


6. Deferred Cost of Goods Sold 
  a. Deferred COGS is a new feature introduced in Release 12. The basic fundamental behind the enhancement is that the COGS is now directly matched to the Revenue.

  b. Prior to this enhancement, the value of goods shipped from inventory were expensed to COGS upon ship confirm, despite the fact that revenue may not yet have been earned on that shipment.

  c. With this enhancement, the value of goods shipped from inventory will be put in a Deferred COGS account. As percentages of Revenue are recognized, a matching percentage of the value of goods shipped from inventory will be moved from the Deferred COGS account to the COGS account, thus synchronizing the recognition of revenue and COGS in accordance with the recommendations of generally accepted accounting principles.

  d. There are some key issues one needs to be aware of:

  e. Currently Deferred COGS accounting cannot be turned off in release 12.

  f. The activity of recording COGS recognition is now a multi-step process.

  g. Run AR Revenue Recognition, and Submit Accounting Processes

  h. Run a set of concurrent processes in Cost Manager to record Sales Order and revenue recognition transactions and to create and cost COGS recognition transactions. These COGS recognition transactions adjust deferred and earned COGS in an amount that synchronizes the % of earned COGS to earned revenue on Sales Order shipment lines.
Deferred Cost of Goods Sold
- Concurrent Processes to run in Cost Management
a. Record Order Management Transactions: records new sales order transaction activity such as shipments and RMA returns in Oracle Order Management.

b. Collect Revenue Recognition Information: determines the percentage of recognized or earned revenue related to invoiced sales order shipment lines in Oracle Receivables.

c. Generate COGS Recognition Events: creates and costs COGS recognition events for new sales order shipments/returns and changes in revenue recognition and credits for invoiced sales order shipment lines.

7. Actual Ship Date
Actual Departure Date :
R12 provides a new feature to enter actual departure date (It can be even a future date) on the following
- Pick Release Concurrent Program
- Pick Release from the Form
- Ship Confirm Concurrent Program

8. Parallel Pick Release
a. R12 provides a new feature to launch parallel pick release
b. This feature launches multiple workers  for the pick release
c. This will improve the performance of the pick release