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The OP_TERM_MST table in Oracle E-Business Suite (EBS) versions 12.1.1 and 12.2.2 is a critical data structure within the Order Management (OM) module, primarily used to store and manage payment terms configurations. Payment terms define the conditions under which customers are expected to settle their invoices, including due dates, discount percentages, and installment schedules. This table serves as the foundation for defining and enforcing standardized payment policies across transactions, ensuring consistency in financial agreements between an organization and its customers. ### **Key Attributes of OP_TERM_MST** The OP_TERM_MST table contains several important columns that define payment term behavior: 1. **TERM_ID**: A unique identifier for each payment term record. 2. **NAME**: The user-defined name of the payment term (e.g., "NET 30," "2% 10 NET 30"). 3. **DESCRIPTION**: A detailed explanation of the payment term's conditions. 4. **TYPE**: Classifies the term as standard, date-driven, or installment-based. 5. **DISCOUNT_PERCENT**: The early payment discount percentage (if applicable). 6. **DISCOUNT_DAYS**: The number of days within which the discount can be availed. 7. **DUE_DAYS**: The total credit period allowed before payment is due. 8. **START_DATE_ACTIVE** and **END_DATE_ACTIVE**: Define the term's validity period. 9. **CREATION_DATE**, **CREATED_BY**, **LAST_UPDATE_DATE**, **LAST_UPDATED_BY**: Audit columns for tracking changes. ### **Functional Role in Oracle EBS** The OP_TERM_MST table integrates with multiple EBS modules: - **Order Management (OM)**: Assigns payment terms to sales orders, influencing invoice generation. - **Accounts Receivable (AR)**: Determines invoice due dates and discount eligibility. - **General Ledger (GL)**: Impacts revenue recognition timing based on payment term rules. ### **Technical Implementation** In EBS 12.1.1 and 12.2.2, the table is part of the ONT (Order Management) schema. It is referenced by foreign keys in transactional tables like OE_ORDER_HEADERS_ALL and RA_CUSTOMER_TRX. The data is maintained via Oracle Forms (e.g., the "Payment Terms" form) or APIs such as OE_TERMS_PUB. Indexes on TERM_ID and NAME optimize query performance. ### **Business Impact** Proper configuration of OP_TERM_MST ensures accurate cash flow forecasting, compliance with contractual obligations, and automated calculation of discounts. For example: - A term like "2% 10 NET 30" automatically applies a 2% discount if payment is made within 10 days, else full payment is due in 30 days. - Installment terms split invoices into multiple due dates, improving customer flexibility. ### **Customization and Extensions** Organizations often extend the table's functionality by: - Adding custom columns via descriptive flexfields (DFFs). - Implementing triggers or workflows to validate term assignments. - Integrating with third-party systems using Oracle Integration Bus (OIC) or PL/SQL scripts. ### **Conclusion** The OP_TERM_MST table is a cornerstone of Oracle EBS's financial and order management infrastructure. Its design ensures scalability, auditability, and seamless integration with downstream processes. Administrators must rigorously maintain this table to avoid discrepancies in billing, collections, and financial reporting.