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SEPA@Oracle EBS :’ Out of the Box’
Posted By Sanjit Anand On September 30, 2008 @ 11:52 am In SEPA | No Comments
Nine months since the launch of SEPA, Oracle has finally released patch for SEPA Credit Transfer (SCT) for much demanded need for European EBS customer.
High Points of SEPA Project
Lets recap some of high points of SEPA  project.
SEPA support at Oracle
Oracle EBS functionality for SEPA messages customer credit transfer initiation (pain.001.001.02) is based on the ISO20022 format. ISO20022 format have these benefits;
SEPA messages with Oracle EBS Release dates for 11.5.10 and 12
These are summary of different SWIFT message.
Fig 1: SEPA swift Message
Out of these list Oracle EBS supports for both Customer Credit Transfer(pain.001.001.02 ) as well as Customer Direct Debit (pain.008.001.01)
Here are the summary of information for SEPA out-of-box Functionality in EBS.
Fig 2: Oracle Support for SEPA
SEPA availability in EBS
The SEPA Credit Transfer Initiation Message is available for R11.5.10 via Patch 6741280.Customer using 11.5.10 can get the functionality enable by applying patch.
Will keep you posted for any updates.:)
Oracle white paper
Article printed from OracleApps Epicenter: http://www.oracleappshub.com
URL to article: http://www.oracleappshub.com/account-payable/sepa/sepaoracle-ebs-out-of-the-box/
URLs in this post:
 SEPA: http://www.oracleappshub.com/account-payable/sepa/the-single-euro-payments-area-sepa/
 A bit on SEPA - IBAN & BIC: http://www.oracleappshub.com/account-payable/sepa/a-bit-on-sepa-iban-bic/
 Supporting SEPA Credit Transfer in Oracle Payables for Oracle Applications Release 11.5.10: https://metalink2.oracle.com/metalink/plsql/f?p=130:3:4499863221135006999::::p3_database_id,p3_docid,p3_show_header,p3_show_help,p3_black_frame,p3_font:NOT,738361.1,1,1,1,helvetica
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