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Office of Business Operations

Accounts Receivable

The Office of Business Operations (OBO) implemented a non-student centralized accounts receivable system using Oracle Receivables software on January 11, 2010. This centralized revenue process gives UNI better accounting controls. Centrally, OBO needs to know and be able to report the outstanding receivables and revenue for the University (OBO is required to report payables and expenses).

In addition to the benefits of centralization, other shared benefits will be timely recognition of earned revenue (revenue recorded when invoiced); centralized payment receipt, relieving departments of the need to process cash deposits for invoiced items; easy identification of delinquent accounts, with support and collection assistance from OBO staff; and the ability for organizations to maintain an identity on the invoice and still be identified as part of UNI.

To access the system, simply login to Oracle Applications, open your FIN Responsibility, and click on AR Transactions.