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New Customer Acceptance Feature in Order Management in R12

Discussion in 'General' started by Julian, Aug 13, 2008.

  1. Julian

    Julian Forum Advisor

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    CUSTOMER ACCEPTANCE


    This is a new feature in which revenue generation and costing of goods sold is deferred until the customer accepts the invoice generated from AR.

    A new field called ‘Deferred COGS A/c’ has been included in the inventory organization parameter form where item is accounted before customer acceptance.

    After acceptance, COGS account and Revenue accounts are hit to the extent of the cost and value of the items accepted by the customer.

    This is an optional feature demonstrated in the screenshots below

    [​IMG]


    [​IMG]