Top 10 Features in the Release 12 Credit-to-Cash Process Flow

Feature 1: Revenue Contingency Life Cycle
Feature 2: Revenue Recognition Accounting Standards
Feature 3: Flexible Billing Cycles

• Billing cycles can be selected ad-hoc during invoice creation.
• Consolidated Billing (Balance Forward Billing) can also be generated via BPA in R12.

Feature 4: Enhanced Late Charges
Feature 5: More Accurately Apply Customer Payments

• Line level cash application. Apply cash to a invoice line or group of lines
• New Receipt Workbench

Feature 6: Attachment Printing in BPA

• This feature is enabled with a new system profile option. ‘AR: BA Print Attachment Document%’ Set the category for printing.
• This allows you to print attachments that are associated with the invoice

Feature 7: Make better credit decisions with credit management
Feature 8: Interest calculation in the cash management module

• Interest rate schedules
• Notional cash pool (Euro)
• On-line calculator

Feature 9: Refund Automation

• Automatic refunds for Auto Invoice credit memos
• Simplified manual refund process
  
• Refund approval workflow (AP)

Feature 10: Credit Card Chargeback Processing

• In this process, you are responsible for sending the funds back to the bank on behalf of the customer.
• Simplified credit card chargeback processing

Reference: Oracle OpenWorld Session: Top 10 Features in the Release 12 Credit-to-Cash Process Flow that Can Make Your Job Easier Today