Search Results ra_terms_b

The RA_TERMS_B table in Oracle E-Business Suite (EBS) 12.1.1 or 12.2.2 is a fundamental entity within the Receivables (AR) module, serving as the base table for storing payment term definitions. Payment terms define the conditions under which customers must settle their invoices, including due dates, discounts, and installment schedules. This table is part of the Oracle Receivables data model and is critical for configuring and managing customer invoicing and collections processes.

Table Structure and Key Columns

The RA_TERMS_B table contains the following key columns:

• TERM_ID: Primary key identifier for the payment term.
• NAME: The name or description of the payment term (e.g., "NET 30").
• TYPE: Indicates whether the term is a standard term, installment term, or date-driven term.
• DESCRIPTION: Additional details about the payment term.
• START_DATE_ACTIVE and END_DATE_ACTIVE: Define the validity period of the term.
• CREATION_DATE, CREATED_BY, LAST_UPDATE_DATE, LAST_UPDATED_BY: Audit columns tracking record creation and modification.

Relationship with Other Tables

The RA_TERMS_B table is linked to several other tables in Oracle Receivables:

• RA_TERMS_TL: Stores translated term descriptions for multilingual support.
• RA_TERMS_LINES_B: Contains detailed line-level information for installment-based payment terms.
• RA_CUSTOMER_TRX: References payment terms applied to customer transactions.

Functional Usage

Payment terms defined in RA_TERMS_B are used across Oracle EBS modules, including:

• Invoice Generation: Automatically calculates due dates and discount eligibility.
• Collections Management: Helps track overdue invoices based on term definitions.
• Cash Flow Forecasting: Provides data for predicting future receivables.

Technical Considerations

Key technical aspects of RA_TERMS_B include:

• The table is seed data-enabled in Oracle EBS, allowing for customization while preserving upgradeability.
• Indexes on TERM_ID and NAME columns optimize performance for frequent lookups.
• Validation rules ensure data integrity when creating or modifying payment terms.

Implementation Best Practices

When working with RA_TERMS_B:

• Maintain consistent naming conventions for payment terms.
• Use the active date ranges to manage term validity periods.
• Consider performance impacts when creating complex installment terms.
• Leverage the table's relationship with RA_TERMS_LINES_B for multi-installment payment schedules.

Customization and Extension

While Oracle provides standard payment term functionality, organizations can extend RA_TERMS_B through:

• Custom descriptive flexfields to capture additional attributes.
• API-based integrations with external systems for term synchronization.
• Workflow extensions for term approval processes.

The RA_TERMS_B table remains a critical component in Oracle EBS financial operations, directly impacting accounts receivable processes and cash management. Proper configuration and maintenance of this table are essential for accurate financial reporting and efficient collections management.