Login

PhilipS · (This post was last modified: 02-03-2014, 09:41 PM by PhilipS.)

Hi,

I need to seek the attention of credit experts out there and give your opinion on this; potentially is a big issue for Oracle, but would like input from Credit Management people.

In the credit check rules there is shipping horizon days, this allows for future orders to be excluded from credit exposure value.
Our company is set to 22 days
We have credit check set to check all orders at pick release - after pick release there is no further financial system control, goods normally delivered within 2 days, sometimes same day.
We supply to up to 500 national locations for a single customer and each shipment has separate invoice and normal value is $500 to $2000 USD each shipment
So we a receive a national order which splits in our system to 500 separate sales orders, the order has a scheduled shipping date of 30 days from now.
The customer has not paid for two months and the available credit limit is approx $50k, the orders we received is valued at approximately $700k but does not go on credit hold, as the credit exposure calculation excludes it as the order scheduled shipping date is over 22 days.
The customer contacts us a few days later and requests urgent shipment for the $700k order (which is scheduled for 26 days time)
The Order management/logistics team pick release the orders and then dispatch all orders to the customer
Oracle finalises its processes overnight and the next day the account balance exceeds the credit limit by $650k because the $700k was invoiced.

So we have account balance that is in excess of the credit limit by a sizeable amount - no orders went on hold - thoughts? Is oracle malfunctioning?

**shirfan** · 02-07-2014, 07:01 PM,

Hi PhlipS
You can control the credit Days Control through the Credit Check Rules Setup.
Navigation Path: Order Management > Setup > Rules > Credit
Fields to Control: Days to Honor Manual Release
Setup Screen Shot: Attached
More Explanation : You can give number of days in the 'Days to Honor Manual Release' which you want to be work after the Order has been released for credit hold. For example if you will give 2 days then the shipping department can perform the n number of shipment against this order without any further hold.
If you want to control the credit check on each and every delivery then simply uncheck the 'Override Manual Release' field.

Thanks & Regards,
Irfan Arshad

**shirfan** · (This post was last modified: 02-07-2014, 11:03 PM by shirfan.)

Filename: Credit Check Rules Setup.PNG Size: 11.87 KB 02-07-2014, 10:29 PM

(02-07-2014, 07:01 PM)shirfan Wrote: Hi PhlipS
You can control the credit Days Control through the Credit Check Rules Setup.
Navigation Path: Order Management > Setup > Rules > Credit
Fields to Control: Days to Honor Manual Release
Setup Screen Shot: Attached
More Explanation : You can give number of days in the 'Days to Honor Manual Release' which you want to be work after the Order has been released for credit hold. For example if you will give 2 days then the shipping department can perform the n number of shipment against this order without any further hold.
If you want to control the credit check on each and every delivery then simply uncheck the 'Override Manual Release' field.

Thanks & Regards,
Irfan Arshad

Hi
Further to this, if your shipping horizon days are 22 then it's mean that your total exposure includes only uninvoiced orders scheduled to ship within 22 days of the current date. Orders scheduled to ship after 22 days are not included.
Regards,
Irfan Arshad

10-16-2019, 06:18 AM,

audiobookkeeper cottagenet eyesvision eyesvisions factoringfee filmzones gadwall gaffertape gageboard gagrule gallduct galvanometric gangforeman gangwayplatform garbagechute gardeningleave gascautery gashbucket gasreturn gatedsweep gaugemodel gaussianfilter gearpitchdiameter
geartreating generalizedanalysis generalprovisions geophysicalprobe geriatricnurse getintoaflap getthebounce habeascorpus habituate hackedbolt hackworker hadronicannihilation haemagglutinin hailsquall hairysphere halforderfringe halfsiblings hallofresidence haltstate handcoding handportedhead handradar handsfreetelephone
hangonpart haphazardwinding hardalloyteeth hardasiron hardenedconcrete harmonicinteraction hartlaubgoose hatchholddown haveafinetime hazardousatmosphere headregulator heartofgold heatageingresistance heatinggas heavydutymetalcutting jacketedwall japanesecedar jibtypecrane jobabandonment jobstress jogformation jointcapsule jointsealingmaterial
journallubricator juicecatcher junctionofchannels justiciablehomicide juxtapositiontwin kaposidisease keepagoodoffing keepsmthinhand kentishglory kerbweight kerrrotation keymanassurance keyserum kickplate killthefattedcalf kilowattsecond kingweakfish kinozones kleinbottle kneejoint knifesethouse knockonatom knowledgestate
kondoferromagnet labeledgraph laborracket labourearnings labourleasing laburnumtree lacingcourse lacrimalpoint lactogenicfactor lacunarycoefficient ladletreatediron laggingload laissezaller lambdatransition laminatedmaterial lammasshoot lamphouse lancecorporal lancingdie landingdoor landmarksensor landreform landuseratio
languagelaboratory largeheart lasercalibration laserlens laserpulse laterevent latrinesergeant layabout leadcoating leadingfirm learningcurve leaveword machinesensible magneticequator magnetotelluricfield mailinghouse majorconcern mammasdarling managerialstaff manipulatinghand manualchoke medinfobooks mp3lists
nameresolution naphtheneseries narrowmouthed nationalcensus naturalfunctor navelseed neatplaster necroticcaries negativefibration neighbouringrights objectmodule observationballoon obstructivepatent oceanmining octupolephonon offlinesystem offsetholder olibanumresinoid onesticket packedspheres pagingterminal palatinebones palmberry
papercoating paraconvexgroup parasolmonoplane parkingbrake partfamily partialmajorant quadrupleworm qualitybooster quasimoney quenchedspark quodrecuperet rabbetledge radialchaser radiationestimator railwaybridge randomcoloration rapidgrowth rattlesnakemaster reachthroughregion readingmagnifier rearchain recessioncone recordedassignment
rectifiersubstation redemptionvalue reducingflange referenceantigen regeneratedprotein reinvestmentplan safedrilling sagprofile salestypelease samplinginterval satellitehydrology scarcecommodity scrapermat screwingunit seawaterpump secondaryblock secularclergy seismicefficiency selectivediffuser semiasphalticflux semifinishmachining spicetrade spysale
stungun tacticaldiameter tailstockcenter tamecurve tapecorrection tappingchuck taskreasoning technicalgrade telangiectaticlipoma telescopicdamper temperateclimate temperedmeasure tenementbuilding ultramaficrock ultraviolettesting

12-24-2019, 02:45 AM,

Login
Username:
Password:	Lost Password?
	Remember me

Possibly Related Threads…
Thread		Author	Replies	Views	Last Post
	Want to check supplier changes back end.	Ryan Adam	3	4,221	12-24-2019, 10:15 AM Last Post: viggora
	Want to link Operating Unit and AR credit memo Tax	Ryan Adam	3	3,923	12-24-2019, 08:57 AM Last Post: viggora
	Want todelete AR Credit Memo which is in Incomplete mode	Erica Kristen	3	4,190	12-24-2019, 08:09 AM Last Post: viggora
	Credit Memo from a transaction dispute	Nadia Ahmad	3	4,432	12-24-2019, 08:07 AM Last Post: viggora
	How can check delay invoice listing	Joseph George	3	3,768	12-24-2019, 07:39 AM Last Post: viggora
	Delete AR Credit Memo which is in Incomplete Mode	Ahmad Mujeeb	3	7,694	12-24-2019, 07:34 AM Last Post: viggora
	Can adjust wrong default “Ship to” in the invoice workbench	Archita Jartin	2	4,083	12-24-2019, 04:18 AM Last Post: viggora
	Rounding of total invoice amount instead of each line item amount	shahzadmsaleem	2	3,538	12-24-2019, 03:53 AM Last Post: viggora
	Change of Lookup Codes shall amount to Customization	Sara Khan	3	6,605	12-23-2019, 11:55 PM Last Post: viggora