Search Results okl_ext_sell_invs_b

The OKL_EXT_SELL_INVS_B table in Oracle E-Business Suite (EBS) versions 12.1.1 and 12.2.2 is a critical component of the Oracle Lease and Finance Management (OKL) module. This table serves as the base table for storing external selling invoice information, which is essential for managing lease and financing transactions. Below is a detailed analysis of its structure, purpose, and integration within Oracle EBS.

Purpose and Functional Overview

The OKL_EXT_SELL_INVS_B table is designed to capture and maintain records related to external selling invoices generated during lease or financing transactions. These invoices typically represent billing documents issued to customers or third parties for services, assets, or other lease-related charges. The table acts as the foundation for the OKL_EXT_SELL_INVS_TL (translations table), which stores multilingual descriptions.

Key Columns and Data Structure

The table includes several important columns that define the attributes of external selling invoices:

• ID: Primary key column, uniquely identifying each invoice record.
• INVOICE_NUMBER: Stores the invoice reference number assigned to the transaction.
• INVOICE_DATE: Captures the date when the invoice was issued.
• AMOUNT: Contains the monetary value of the invoice.
• CURRENCY_CODE: Specifies the currency in which the invoice is denominated.
• STATUS: Indicates the current status of the invoice (e.g., Draft, Approved, Paid).
• CUSTOMER_ID: References the customer or party to whom the invoice is issued.
• LEASE_AGREEMENT_ID: Links the invoice to a specific lease contract in the system.
• CREATED_BY, CREATION_DATE, LAST_UPDATED_BY, LAST_UPDATE_DATE: Audit columns tracking record creation and modifications.

Integration with Other Modules

The OKL_EXT_SELL_INVS_B table integrates with multiple Oracle EBS modules to ensure seamless transaction processing:

• Oracle Receivables (AR): Invoices may be transferred to AR for further accounting and collection processing.
• Oracle General Ledger (GL): Financial data from invoices is posted to GL for reporting and compliance.
• Oracle Contracts Core: Lease agreements linked to invoices are managed via the Contracts module.
• Oracle Trading Community Architecture (TCA): Customer details are sourced from TCA's party management system.

Business Process Flow

The typical workflow involving this table includes:

1. Invoice Generation: An external selling invoice is created in the OKL module, and a record is inserted into OKL_EXT_SELL_INVS_B.
2. Approval: The invoice undergoes an approval process, updating its status in the table.
3. Accounting: Once approved, the invoice is processed for revenue recognition and posted to GL.
4. Payment Tracking: Payment statuses are updated as customers settle their dues.

Customization and Extensions

Organizations often extend this table by adding custom columns to capture industry-specific or company-specific data. Such extensions are typically implemented using descriptive flexfields (DFFs) or by creating custom child tables linked via foreign keys.

Conclusion

The OKL_EXT_SELL_INVS_B table plays a pivotal role in Oracle Lease and Finance Management by serving as the repository for external selling invoices. Its integration with core financial and contractual modules ensures accurate billing, revenue recognition, and compliance. Understanding its structure and relationships is essential for implementing, customizing, or troubleshooting lease management processes in Oracle EBS 12.1.1 and 12.2.2.