Oracle Order Management – Transaction Types Setup

Oracle Order Management – Transaction Types Setup

Oracle Order Management – Transaction Types are used to differentiate different types of sales orders. It will have sales order header and line level workflows that control the Order to Cash Cycle. Om Transaction Types are mapped to Oracle Workflows that controls the O2C Cycle steps. Other than this OM Transaction Types provide default information for sales documents such as orders, quotes, sales agreements and establish process controls with Oracle Workflow.

OM Transaction type is the generic term that refers to transaction types for sales documents in Order Management. This is not to be confused with the Receivables Transaction Type, which is a completely different object.

Transaction Types are controlled at Operating Unit Level.

Setup Steps for defining OM Transaction Types:

1. Define Line Transaction Type

2. Define Header Transaction Type

3. Define Main, Shipping & Finance Tabs.

4. Assign the Line to Header Transaction Type

Defining OM Transaction Types:

Navigation:

India Local Order Management Responsibility > Oracle Order Management > Setup > Transaction Types > Define

1. Defining Line Transaction Type

Operating Unit: Select the operating unit from the list of values.

Transaction Type: Enter a name for the line type in the Transaction Type field. This name must be unique; Both Line type & Header Type cannot with the same name.

Description: Enter a name for the Line Transaction Type.

Sales Document Type: Select Sales Order from the list of values.

Category: Select a category from the list of values either Order or Return depending on whether the new line type is for sales lines or return lines.

Transaction Type Code: Enter the code as “LINE”

Save the Work.

2. Defining Order Transaction Type

Operating Unit: Select the operating unit from the list of values.

Transaction Type: Enter a name for the header type in the Transaction Type field.

Description: Enter a name for the Header Transaction Type.

Sales Document Type: Select Sales Order from the list of values.

Category: Select a category from the list of values - Order or Return or Mixed depending on whether the new order type is for sales or return or for both.

Transaction Type Code: Enter the code as “ORDER”

Fulfillment Flow: Assign a fulfillment flow for the transaction type. This indicates that orders are processing using this transaction type.

Negotiation Flow: Assign a negotiation flow, if quotes are processed using the same transaction type. 

Effective Dates: Define the Start date & End Date

Assign Line Flows: Assign the Line Transaction type to this transaction type and assign the appropriate line workflows.

3. Defining Main, Shipping & Finance Tabs:

Main Tab:

Document Block:

Default Return Line Type: Select default Return Line type, if it is to be defaulted for the order.

Default Line Type: Select default Line type, if it is to be defaulted for the order.

Pricing Block:

Enforce List Price Check Box: Enable the check box to prevent discounts and overriding the selling price. If this is enabled, discounts cannot be applied to the order line list price when this order type is used.

Price List: Select a price list from the list of values for defaulting while selecting this order.

Credit Check Rule Block:

Select credit check rules to use when performing checking credit at either Booking, Pick Release and Purchase Release (for drop shipments), Packing, or Shipping.

Shipping Tab:

Warehouse, Shipping Method, Shipment Priority: Select an appropriate value from LOV for defaulting while using this order type.

Inspection Required check box: Enable this check box, if an inspection is necessary. This is applicable only to return line transaction types.

Auto Schedule check box: Enable this check box, if automatic scheduling for this order type is needed. This is applicable only to order transaction types.

Line Set field: Select Arrival or Ship from the list of values. (Optional).

Finance Tab:

Rule Block:

Invoicing Rule: Invoicing Rule controls the amount and timing of invoices.

Accounting Rule: Accounting Rule controls the amount and timing of when to recognize the revenue for this order.

Source Block:

Invoice Source: Select the Invoice Source from the LOV

Receivables Transaction Type: Select a Transaction Type from the LOV.

Tax Event: Tax Event determines when OM calculates the estimated tax amount for a transaction.

(Please check this link for detailed study: http://learnoraclecsbscm.blogspot.in/2015/07/oracle-order-management-tax-calculation.html)

Cost of Goods Sold Account: Select the Account from the LOV

4. Assign the Line to Header Transaction Type

Query the Order Transaction Type and click the Assign Line Flows Button.

Select the Line type from the LOV.

Select the Item Type from The LOV, if Item Type is left blank the workflow applies to all item types.

In Process Name, select the workflow that OM should use for the order type / Line type / Item type combination.

Start Date and End Date, select the time period during which the assignment is effective.

Save the Work.