🎴 Flashcard Mode
Oracle Financials: Fixed Assets and Receivables
Card1 / 20
Mastered0
Review0
QuestionClick to flip
__________ provides default transaction class, payment term, and printing options for each transaction.
AnswerClick to flip back
A
B. Transaction Type
💡 Explanation:
Transaction Types in Oracle Receivables provide default values for each transaction, including the transaction class (CM, DM, INV, etc.), payment terms, printing options, and whether posting to GL is allowed. Transaction Class is a property, not a setup entity. Transaction Sources control numbering and batch source validation. System Options control global AR module settings, not transaction-specific defaults.