Once you have decided to implement Fusion Finance, you most probably would want to make payments from Oracle Fusion itself. For this, you most probably will need to do the check printing. And that would need to create a Payment Process Profile or PPP: it tells Fusion about:
- Payment File Format
- Processing Type
- Transmission Configuration
Lets talk about the above mentioned components in brief:
Payment File Format: it is linked to a BI Template which will format the file in desired format, may it be check or the text file.
Processing Type: Whether to send the file to printer or electronic transfer.
Transmission Configuration: How to send the file to the bank.
Assuming that you have developed the payment file format, first step to do is navigate to <instance URL>/xmlpserver. You will reach the Bi page. Go to Financial –> Payments. Select “Disbursement Payment File Formats ” and click on More –> Customize. This step will create the same folder structure in custom folder. Now go to Custom –> Financial –> Payments –> Disbursement Payment File Formats . Click on “Add New Layout” and upload the custom template you have created and choose the output type as appropriate (has to be PDF for a check). You might want to check this :
Now query for the task "Manage Formats". Give it a Name and a Code, From Date. Choose the type as "Disbursement Payment File Formats". BI Publisher Template: Choose the same template which you created above.
Save and come out. Next task is to create the Transmission Configuration. But it is required only if you want to directly transmit the file to bank. in case you want to do it manually, you are good without this configuration. We will talk about this configuration in another post.
Next you need to query the task “Manage Payment Process Profile” and create a custom Payment Process Profile like below:
Name, Code, Description as you deem fit. Payment File Format has to get the same value as the one you created above. if you are creating the PPP for check, make the processing type as “Printed”, “Payment File” as “Send To Printer”and you can also choose the default printer you want check to be printed. if electronic, “Payment File” has to be “Send to File”. With all these don’t forget to add following details:
Usage Rules Tab: Choose the applicable payment methods, bank account, Business Unit, Currencies.
in Payment File tab, fill the details in case of Electronic Payment, especially in ” Outbound Payment File Prefix” and “Outbound Payment File Extension”.
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Related Posts:
Check ( or Cheque) Printing in Fusion
Payment Process Request Query in Fusion
How To Fetch (Query) The Payment Details In Fusion
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Reference:
support.oracle.com