Creating receivable lock box codes

  1. Select Financials > Receivables > Setup > Receivable Code Setup > Receivable Lock Box.
  2. Click Create.
  3. Specify this information:
    Receivable Lock Box
    Specify the lock box code that is used to identify an automated payment processing location.
    Name
    Specify the name of the lock box.
    Country
    Specify the country name. Country is required for VAT and intrastat reporting.
    Type
    Select the type of lock box.
    Latitude
    Specify the latitude of the location.
    Longitude
    Specify the longitude of the location.
    Altitude
    Specify the altitude of the location.
    Company
    Select the company name that is associated with the payments that are processed through this lock box.
    Process Level
    Select the process level that is associated with the payments that are processed through this lock box.
    Cash Code
    Select the cash code that is associated with the payments that are processed through this lock box.
    Currency
    Specify the currency code of the lock box. The default value is from the currency code that is assigned to the cash code. You can override the default currency code with any currency code that has a relationship to the company currency or cash code currency.
  4. Click Save.