Form Application: Oracle Accounts Receivables
Form Name: ARXMACPC
Form Path: /oracle/apps/r12/visr12/apps/apps_st/appl/ar/12.0.0/forms/US/ARXMACPC.fmx

Customer Profile classes consists of setting up limits/rules for credit checks, payment terms etc. Once profile classes are setup they can be assigned to customers.

Navigation: Login to Oracle Apps -> Select Accounts Receivables responsibility -> Setup

• Navigate to  Customers -> Profile Classes
• Query any existing profile class to modify or enter new profile class name
• Enter the Profile Class Name
• Enter Profile Class description
• Check the ‘Active’ flag to make profile class active
• Setup ‘Profile Class’ tab fields
•     Balance forwarding enable
•     Bill level
•     Bill type
•     Invoice Tax printing rule
•     Invoice grouping rule
•     Payment terms
•     Allow discount
•     Override terms
•     Discount grace days
•     Send statements
•     Send credit balance
•     Send dunning letters
•     Collector name
•     Collector classification
•     Periodic review cycle
•     Analyst
•     Tolerance %
•     Credit Check
•     Match Receipts by
•     Auto cash rule set
•     Remainder rule set
•     Auto receipts include disputed items
• Setup ‘Late Charge Profile’ tab fields
•     Enable late charges
•     Charge calculation
•     Additional Charges & Reductions – Credit items & disputed transactions
•     Late charge type
•     Payment term
•     Message text
•     Interest calculation formula
•     Interest calculation period
•     Days in period
•     Receipt grace days
•     Hold charged invoices
•     Charge beginning date
•     Use multiple interest dates
• Setup ‘Profile Class Amounts’ tab fields
•     Credit limit amount
•     Order credit limit amount
•     Minimum receipt amount
•     Minimum statement amount
•     Exchange rate type
•     Minimum customer balance tolerance
•     Minimum Invoice balance
•     Minimum charge per invoice
•     Interest charge type
•     Interest charge value
•     Charge schedule rule
•     Penalty charge type
•     Penalty charge value
•     Penalty charge schedule rule

Save the changes