Defining a Transaction Source in Oracle Fusion Applications

A Transaction Source is a mandatory attribute on a transaction (i.e. credit memo, invoice, debit memo, etc.). It tells where the transaction came from.

There are two types of transaction sources:

• Manual - Transactions that are created from the application screen.
• Imported - sources that are used by AutoInvoice. 

To create a custom Transaction Source, from the Homepage, navigate to Setup and Maintenance > Financials > Customer Billing > Manage Transaction Sources:

From the Manage Transaction Sources screen, you can search for an existing Transaction source or create a new custom transaction Source:

In the Create Transaction Source screen, fill up the required fields and click on "Save and Close" once done:

Some Important fields are:

1. Name - Transaction Source Name
2. Description - Transaction Source Description
3. Type - Choose Manual if this will be used from the Application and Import when used by AutoInvoice.
4. From Date - It's recommended to use a back date of 6 months
5. Transaction Source Set - Identifies the Set ID associated with this Transaction Source.
6. Legal Entity - Associates this Transaction Source with a Legal Entity
7. Last Transaction Number - Identify where the Transaction Numbering will start
8. Automatic transaction numbering - Tick this checkbox if the transactions will be sequential based on the Last Transaction Number.
9. Allow duplicate transaction numbers - Tick this checkbox if your organization allows duplicate transaction numbers (not recommended).

Below is a quick video demonstration of Defining a Transaction Source in Oracle Fusion Applications:

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