Press Summary
Receivable Commitments: Guarantee vs. Deposit
April 27th, 2010
Written by Centroid
I recently received a requirement to account for the entire deferred revenue amount of a sale, then recognize the revenue over time, based on consumption or clicks from a customer. Oracle Receivables has two "commitment" transaction classes to support this type of requirement.
The two commitment transaction classes are:
Guarantees: as you associate invoice transactions the amount due "moves" from the guarantee to the invoice associated to it.
Deposits: as you associate invoice transactions...
It's the Process...The Lost Art of BPR
April 3rd, 2009
Written by Centroid
Why customize an application when you can rework the process.
Working with Oracle Enterprise Applications for over 18 years, I've seen many changes. Most changes are for the better, improved functionality, streamlined processes etc. However although the applications are growing rich in functionality, there's an underlying trend that raises a concern. In today's market it seems more and more, the path of least resistance is to customize applications vs. reviewing and re-engineering business...
