University of Northern Iowa
Cedar Falls, IA
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."
Oracle Accounts Receivables went live January 11, 2010