RMCS – Order Management Integration

Storyline and Personas: The demo flow begins with a sales order being entered into Order Management. We then follow the transaction through to Accounts Receivable, Revenue Management, Inventory, and Cost Accounting. In RMCS we will see the immediate recognition or revenue once an item ships and the allocation of revenue over time for the warranty. In Cost Accounting we will see the COGS amounts updated as revenue is recognized.

A) Order Management

Enter Sales Order using “Order Entry Specialist” role user at Vision Corporation.

  • Enters an Order with a Laptop and a warranty of 2 years with Contract Start Date and Contract End Date
  • Then submit the order.

B) Inventory

Pick Release and Ship Confirm using “Warehouse Manager” role user at Vision Corporation

  • Perform Pick Release
  • Enter Shipment quantity and Perform Ship Confirm

C) Order Management

Transfer Sales Order to Revenue Management using “Order Entry Specialist” role user at Vision Corporation.

  • Check the Order status is processing.
  • Submit Process: “Extract Sales Orders for Revenue Management” Description: “Retrieves sales order details from order management transactions and imports them into interface tables for revenue management.”

D) Accounts Receivables

Import sales orders from order management and create accounting using “Receivables Manager” role user at Vision Corporation.

  • Submit “Import AutoInvoice” process.
  • Submit “Create Receivables Accounting” Job.
  • Once accounting is completed then view AR invoices created and accounting for AR invoices.

E) Revenue Management

Validate sales orders, import billing data, create revenue contracts, and create accounting using “Revenue Manager” role user at Vision Corporation.

  • Submit Job “Validate Customer Contract Source Data”
  • Submit job “Import Billing Data from Oracle Fusion Receivables”
  • Submit “Identify Customer Contracts” process.
  • Use Task “Manage Customer Contract” to review customer contract created based on Sales Order, use “Source Document” as Sales Order #.
  • Make sure Customer Contract Allocation Status is “Allocated”. If it is, “Not Allocated” then make sure that the Contract status is “Freezed” otherwise Freeze the contact status and again submit “Identify Customer Contracts” process.

F) Cost Accounting

Transfer transactions from inventory to costing, create costing distributions for deferred COGS, and create accounting using “Cost Accounting Manager” role user for Vision Corporation.

  • Submit process “Transfer Transactions from Inventory to Costing”.
  • Submit “Create Cost Accounting Distributions” job.
  • Submit, “Create Accounting” for “Cost Management”.
  • Once Create Accounting is completed then review Cost Accounting Distribution for accounted transactions, check for Dr/Cr to Deferred COGS and Inventory Valuation for “Sales Order Issue” transaction.

G) Revenue Management

Create final accounting for revenue contracts using “Revenue Manager” roles user at Vision Corporation.

  • Submit “Identify Customer Contracts” process.

H) Cost Accounting

Create costing distributions for COGS using “Cost Accounting Manager” role user for Vision Corporation.

  • Submit “Create Cost Accounting Distributions” job.
  • Submit, “Create Accounting” for “Cost Management”.
  • Once Create Accounting is completed then review Cost Accounting Distribution for accounted transactions, check for Dr/Cr to COGS and Deferred COGS for “COGS Recognition” transaction.

Reference: Oracle document by Nick Dennison.

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