Oracle Fusion Receivables

Oracle Fusion Receivables provides most of the functionalities available in Oracle EBS 11i/R12. All the mandatory setups are also similiar to the setups available in 11i/R12.
OFR allows you to perform most of your day-to-day accounts receivable operations. Receivables lets you manage customer billing activities, process customer payments, manage accounts receivable balances, and perform tasks that are related to revenue recognition and revenue adjustments.