Oracle Cloud offers a broad portfolio of software as a service applications, platform as a service, and social capabilities, all on a subscription basis. Oracle Cloud delivers instant value and productivity for end users, administrators, and developers alike through functionally rich, integrated, secure, enterprise cloud services.
 Get a Free Magzine ...Profit:The Executive's Guide to Oracle Applications

Subscribe to the OracleAppsHub to receive notifications when there are new posts:

 get RSS feed
 Oracle Fusion Applications (OFA) is a portfolio of next generation suite of software applications from Oracle Corporation. It is distributed across various product families; including financial management, human capital management, customer relationship management, supply chain management, procurement, governance, and project portfolio management
 Get a Free Magzine ...Profit:The Executive's Guide to Oracle Applications

Oracle Credit Management with/Without Order Management

Posted on February 4th, 2013 by Sanjit Anand ||Email This Post Email This Post

Have you tried OracleappsHub in ipad/iphone/smart Phone? Don't wait. try it today

What needs to be done if you are implementing Credit Managment but we have Order Management on a legacy system? If a Sales order is on credit hold at legacy, how will that information come to the Credit analyst to do a credit Analysis before deciding to release the credit hold.

You will need to use the Credit Management API to create a credit application from your OM system.
You will need to call this API from your legacy custom code when ever the order goes on hold due to credit limits to create the Credit Application.

The Credit Management public APIs includes five APIs:

  • Create Credit Request API :The ar_cmgt_credit_request_api.create_credit_request routine is used to create a credit request for initiating a credit review for a party, account, or account site.
  • Update Credit Request API :The ocm_credit_request_update_pub routine is used to update an existing credit request for a party, account, or account site.
  • Withdraw Credit Request API :The ocm_credit_req_withdraw_pub routine is used to withdraw an existing credit request for a party, account, or account site.
  • Guarantor API :The ocm_guarantor_pub routine is used to automatically submit a credit application for a guarantor that is included on a credit application or in a case folder.
  • Get External Decision API :The ocm_get_extrl_decsn_pub routine is used to bypass Credit Management’s scoring functionality and extract case folder contents for scoring by an external scoring engine.

Setting up Credit Management for OM

If you are using Oracle OM , these are mandatory setup

  • Credit check checkbox should be checked in payment terms
  • Setup order credit limit in customer standard page for the currency for which credit application needs to be created.
  • Checklist for review type order hold needs to be created along with credit classification of the customer.
  • Make sure credit check rule is selected on Order Transaction type.
Related Posts

Posted in Oracle Credit Management | No Comments »Email This Post Email This Post |

Have you tried OracleappsHub in ipad/iphone/smart Phone? Don't wait. try it today
Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.