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The IGS_FI_LB_REC_TYPES table in Oracle E-Business Suite (EBS) versions 12.1.1 and 12.2.2 is a critical component of the iGrants (iGrants for Students) module, specifically within the Financials subsystem. This table stores metadata related to "Line Balance Receipt Types," which are used to categorize and manage financial transactions, particularly in the context of student billing, receivables, and refund processing. Below is a detailed breakdown of its structure, purpose, and functional relevance in Oracle EBS. ### **Table Overview** The IGS_FI_LB_REC_TYPES table serves as a reference table that defines different types of receipt transactions applicable to student accounts. It is primarily used in conjunction with other iGrants Financials tables, such as IGS_FI_LINE_BALANCES and IGS_FI_CREDITS, to ensure accurate financial tracking and reporting. The table is part of the broader Oracle EBS architecture, which integrates student financial data with core GL (General Ledger), AR (Accounts Receivable), and AP (Accounts Payable) modules. ### **Key Columns and Their Significance** 1. **RECEIPT_TYPE (Primary Key)** A unique identifier for each receipt type, such as "TUITION_FEE," "LIBRARY_FINE," or "HOUSING_DEPOSIT." This column ensures proper classification of financial transactions. 2. **DESCRIPTION** Provides a human-readable explanation of the receipt type, aiding in reporting and audit trails. 3. **GL_CODE_COMBINATION_ID** Links to the GL_CODE_COMBINATIONS table, mapping the receipt type to a specific General Ledger account for proper accounting treatment. 4. **ACTIVE_FLAG** A Boolean indicator (Y/N) that determines whether the receipt type is currently in use. Inactive types are excluded from transaction processing. 5. **ORG_ID** Supports multi-org functionality by associating receipt types with specific operating units, ensuring data segregation in a multi-organization environment. 6. **CREATED_BY, CREATION_DATE, LAST_UPDATED_BY, LAST_UPDATE_DATE** Standard Oracle EBS audit columns that track record creation and modification for compliance and troubleshooting. ### **Functional Role in Oracle EBS** 1. **Transaction Processing** When a payment or refund is processed in iGrants, the system references IGS_FI_LB_REC_TYPES to determine the appropriate accounting treatment (e.g., revenue recognition, liability tracking). 2. **Financial Reporting** The table enables granular reporting by receipt type, allowing institutions to analyze revenue streams (e.g., tuition vs. ancillary fees) and reconcile with GL entries. 3. **Integration with AR Module** Receipt types may synchronize with Oracle Receivables (AR_CASH_RECEIPTS) for unified cash management, particularly in scenarios where student payments are processed alongside other receivables. 4. **Regulatory Compliance** By categorizing transactions, the table aids in compliance with accounting standards (e.g., GAAP, IFRS) and audit requirements. ### **Customization and Extensions** Institutions often extend the table by: - Adding custom receipt types (e.g., "SCHOLARSHIP_ADJUSTMENT") via Oracle's Application Developer Framework (ADF). - Integrating with third-party payment gateways by mapping external transaction codes to predefined receipt types. ### **Conclusion** The IGS_FI_LB_REC_TYPES table is a foundational element in Oracle EBS iGrants Financials, ensuring accurate financial categorization, reporting, and integration with core EBS modules. Its design supports scalability, compliance, and multi-org functionality, making it indispensable for educational institutions leveraging Oracle EBS 12.1.1 or 12.2.2.