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The FV_FINANCE_CHARGE_HISTORY table in Oracle E-Business Suite (EBS) 12.1.1 or 12.2.2 is a critical repository for tracking finance charge assessments applied to customer accounts within the Receivables module. This table stores historical data related to late payment penalties, interest calculations, and other financial charges imposed on overdue invoices, ensuring auditability and compliance with accounting standards. Below is a detailed breakdown of its structure, purpose, and functional significance. ### **Purpose and Functional Context** The FV_FINANCE_CHARGE_HISTORY table supports Oracle Receivables' finance charge engine, which automates the calculation and application of late payment fees based on predefined rules (e.g., interest rates, grace periods, and minimum charge thresholds). It logs every finance charge transaction, enabling reconciliation, dispute resolution, and regulatory reporting. Key use cases include: - **Audit Trail:** Maintains a record of all finance charge assessments and reversals. - **Compliance:** Ensures adherence to regional financial regulations by documenting charge calculations. - **Customer Disputes:** Provides evidence for customer inquiries or disputes regarding assessed charges. ### **Key Columns and Data Structure** The table's schema includes columns that capture metadata, transactional details, and reference information. Notable columns include: - **FINANCE_CHARGE_HISTORY_ID:** Primary key, uniquely identifying each record. - **CUSTOMER_TRX_ID:** Foreign key linking to RA_CUSTOMER_TRX, associating charges with specific invoices. - **CHARGE_TYPE:** Distinguishes between interest, penalties, or custom fee types. - **CHARGE_AMOUNT:** The monetary value of the assessed charge. - **GL_DATE:** The General Ledger date for accounting period alignment. - **STATUS:** Indicates whether the charge is active, reversed, or adjusted. - **CREATION_DATE / LAST_UPDATE_DATE:** Timestamps for record lifecycle tracking. - **CREATED_BY / LAST_UPDATED_BY:** User IDs for accountability. ### **Integration with Oracle EBS Modules** The table interacts with several Oracle EBS components: 1. **Receivables (AR):** Finance charges are generated via the AutoInvoice or Finance Charges program, with results stored in this table. 2. **General Ledger (GL):** Charge amounts are posted to GL accounts via the Accounting Engine, using the GL_DATE for period control. 3. **Customer Management (TCA):** Linked to HZ_CUST_ACCOUNTS for customer-level reporting. ### **Technical Considerations** - **Indexing:** Typically indexed on CUSTOMER_TRX_ID and GL_DATE for performance optimization in queries. - **Purge Policies:** Historical data may be archived using AR Purge utilities to manage table growth. - **Custom Extensions:** Organizations often extend the table with custom columns (e.g., ATTRIBUTE1-15) for additional business logic. ### **Reporting and Analytics** Data from FV_FINANCE_CHARGE_HISTORY feeds standard Oracle reports (e.g., Finance Charge Register) and custom analytics, enabling insights into: - Revenue leakage from unapplied charges. - Customer payment behavior trends. - Effectiveness of finance charge policies. ### **Conclusion** The FV_FINANCE_CHARGE_HISTORY table is a cornerstone of Oracle EBS Receivables' financial compliance and operational transparency. Its structured data supports critical functions, from automated charge assessments to dispute resolution, while ensuring seamless integration with broader EBS modules. Proper configuration and maintenance of this table are essential for accurate financial reporting and customer relationship management.