Creating a Customer Paying Relationship Assignment in Oracle Fusion Applications

This article will demonstrate how to create a Customer Paying Relationship Assignment in Oracle Fusion Applications. As a prerequisite, you need to have the role "Customer Data Steward" assigned to the desired user. For a demonstration on how to assign the role, check out the video below:

What is a paying relationship? 

A paying relationship is a configuration that enables customers to apply receipts to the transactions of related customers.So For example, you have two customer entites that are related. Maybe they roll up to the same corporate parent. A paying relationship enables the parent company to pay the bills for its subsidiaries, or a subsidiary wants to pay for the bills of the other subsidiaries. So this means the paying relationship allows you to manage these types of scenarios in the receivables obligation where a customer wants to pay the bills of a related entity.

The idea with party relationships is to model your customer records according to the way you conduct your business. A party relationship represents the way in which two entities interact with each other based on the role that each entity takes with respect to the other. 

There are two different types of paying relationships: party paying relationships (we'll call it PPR), and customer account relationships (CAR). 

What is the difference between the two?

In the simplest terms, PPR is at the Party Level (including the Accounts, Sites and Transactions) while CAR is only at the Account Level. 

Party paying relationships provide one party with access to another party's accounts and transactions. You may have a party with five accounts underneath and another party with three accounts underneath. And those eight accounts are going to be related to each other because the parties at the top are related.

Meanwhile, Customer Account Relationship is a flat relationship between two customer accounts only. A relationship at the customer account level is flat in the sense that it only involves one account on one side and another account on the other side. 

How do I Create a Party Paying Relationship?

To create a Customer Paying Relationship Assignment, go to the Functional Setup Manager > choose the "Financials" Offering > Search for the task "Manage Customer Paying Relationship Assignment".

From the Manage Customer Paying Relationship Assignment page, View the seeded Paying Relationship Assignment set or add a new one by clicking on the  "+" Icon. 

Add the preferred Hierarchy Type and the preferred Paying Relationship.

The Pay Below Paying Relationship consists of parties paying for their own transactions and the transactions of all parties that are lower in the hierarchy. What this means here is that we are going to have to build a hierarchy as a requirement, as a prerequisite, to a party paying relationship. For more information on creating party hierarchies, check out a separate article: Create a Party Hierarchy in Oracle Fusion Applications.

The Pay Any Paying Relationship means that any party in the hierarchy can pay for each other's receivable bills, regardless of where they are in the sequence. Any party within the relationship can pay for the accounts of any other party within the relationship.

Below is a quick video demonstration on how to Create a Customer Paying Relationship Assignment in Oracle Fusion Applications:

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