Lesson 7: Setting Up the

Procurement Common
Functions
Overview

Copyright 2015, Oracle and/or its affiliates. All rights reserved.

Setting Up the Procurement Common Functions

Effective mm/dd/yy

Page 1 of 8

EDGD0700.DOC
Rev 1

Setting Up the Procurement Common Functions

Distribution
Oracle Procurement Cloud
Oracle Fusion Procurment

Ownership
Procurement Application Administrator

Copyright 2015, Oracle and/or its affiliates. All rights reserved.

Setting Up the Procurement Common Functions

Effective mm/dd/yy

Page 2 of 8

EDGD0700.DOC
Rev 1

Demonstration: Defining a Supplier Business Classification Lookup

Background
In this demonstration, you will create a new business classification.

Steps
1.

2.
3.
4.
5.
6.
7.
8.
9.

Navigate to the Manage Business Classification Lookup page.

Implementation Project > Define Common Procurement Configuration > Define Supplier
Configuration > Manage Business Classification).
Click the Add icon in the POZ:Business_Classifications: Lookup Codes region to add a
new browsing category.
When the open row in the table below appears:
Enter XXComputer Consulting Services as the Lookup Code.
Enter your student number as the display sequence value.
Select today's date as the Start Date.
Enter XXComputer Consulting Services as the Meaning.
Enter XXClass business classification lookup as the Description.
Click Save and Close.

Copyright 2015, Oracle and/or its affiliates. All rights reserved.

Setting Up the Procurement Common Functions

Effective mm/dd/yy

Page 3 of 8

EDGD0700.DOC
Rev 1

Demonstration: Defining a Products and Services Hierarchy

Background
In this demonstration, you will create a new products and services Hierarchy. You will use this
Hierarchy later when you are defining a supplier.

Steps
1.

Navigate to the Manage Supplier Products and Services Category Hierarchy page
(Define Common Procurement Configuration > Define Supplier Configuration > Manage
Supplier Products and Services Category Hierarchy).
2. Highlight the Root Category row.
3. Click the Create icon to add a new browsing category.
4. On the Create Browsing category pop-up, enter the category name. Enter XXComputer
Supplies.
5. Optionally provide a description.
6. Click Save and Close.
7. Highlight the new XXComputer Supplies row and click Insert Item Categories.
8. From the list, select Printer Accessories and Miscellaneous. (You can hold the Ctl key
and select multiple values.)
9. Click Apply.
10. Expand your XXComputer Supplies category to view the categories you added.
11. Click Done.

Copyright 2015, Oracle and/or its affiliates. All rights reserved.

Setting Up the Procurement Common Functions

Effective mm/dd/yy

Page 4 of 8

EDGD0700.DOC
Rev 1

Demonstration: Defining Payment Terms

Background
In this demonstration, you will create a payment term. This payment term with be net in 90 days
with two discounts if paid off in either 30 or 60 days.

Create a payment term

Create discounts for the term

Steps
Create the Payment Term
1.
2.
3.

Use the "Manage Payment Terms" task to access the Manage Payment Terms page.
Click the Create icon to create access the Create Payment Terms page.
Enter:
Name = XXTerm
Description = Net in 90 days. Discounts for net in 30 or 60 days.

Create the Discounts

1.
2.

3.

4.
5.
6.

Click the Add icon for Installments.

In the Installments table enter:
Due = 100
Days = 90
In the Discount region under the First Discount table header enter:
Discount = 10
Day of Month = 30
In the Set Assignments table click the Add icon to create a new row:
Set Code = COMMON
Click Save and Close
Click Done.

Copyright 2015, Oracle and/or its affiliates. All rights reserved.

Setting Up the Procurement Common Functions

Effective mm/dd/yy

Page 5 of 8

EDGD0700.DOC
Rev 1

Demonstration: Manage Common Options for Payables and

Procurement
Background
In this demonstration, you review the Manage Common Options for Payables and
Procurement task for the US1 business unit.

Steps
1.

Click the Go to Task icon for the Manage Common Options for Payables and
Procurement task to access the Manage Common Options for Payables and
Procurement page.
(Define Purchasing Configuration > Define Business Function Configuration > Manage
Common Options for Payables and Procurement).

Set the scope for the business unit that you created in the Defining Business Units Activity.
Click Select and Add on the Scope Selection: Business Unit page.
2. Select the row for your business unit US1 Business Unit.
3. Click Save and Close. Hint: You may need to scroll the window to find Save and Close.
The Business Unit field is populated with your business unit. Now you are ready to set the
common options within the context of the business unit.
4. Click the Go to Task icon for the Manage Common Options for Payables and
Procurement task. The business unit name should display below the page title.
5. Note the following:
Expense Accruals
Self-Billed Invoices
Legal Entitiy Information
6. Click Cancel.
7. Click Done.

Copyright 2015, Oracle and/or its affiliates. All rights reserved.

Setting Up the Procurement Common Functions

Effective mm/dd/yy

Page 6 of 8

EDGD0700.DOC
Rev 1

Demonstration: Create a Purchasing Line Type

Instructor Demonstration Background
In this demonstration, you will create a new purchasing line type.
Steps
1. Use the "Manage Purchasing Line Types" task to access the Manage Purchasing Line
Types page
(Procurement > Define Purchasing Configuration > Define Purchasing Document
Configuration > Manage Purchasing Line Types).
On the Manage Purchasing Line Types page,
Click the Add icon.
2. Enter the desired information:
Line Type = XXComputer Goods\
Description = XXSpecial order computer goods
Code = XXSOCGoods
Purchase Basis = Goods
Category = Computer Supplies (search on the value comp)
UOM = Ea
Leave remaining fields empty.
3. Click Save and Close.

Copyright 2015, Oracle and/or its affiliates. All rights reserved.

Setting Up the Procurement Common Functions

Effective mm/dd/yy

Page 7 of 8

EDGD0700.DOC
Rev 1

Demonstration: Configure a Procurement Business Function

Instructor Demonstration Background
When you created your XXVision Manufacturing business unit, you assigned the procurement
business function to it. Here you will configure that procurement business function.
Select your previously defined business unit:
1. You need to identify which business unit you are going to configure. If the Selected Scope
value does not point to your XXVision Manufacturing business unit already, click the
Selected Scope link.
On the Select Scope window, click Configure Procurement Business Function task.
2. Click the Business Unit drop down and select Select and Add Business Unit.
3. Click the Apply and Go To Task button.
4. Click the entry for your business unit.
5. Click Save and Close.
Configure your business unit for procurement:
1. If not already open, navigate to the Configure Procurement Business Function page
from your implementation project.
2. In the General region, set:
Payment Terms to End of Month.
Buyer to your sign on.
Inventory Organization to 001.
Line Type to the line type you defined previously.
Currency to USD.
Leave the other fields blank or accept the default.
3. In the Purchasing region set:
Next Agreement Number to your student number.
Click Use need-by date under Group requisitions.
Click Default promise date from need-by date.
4. In the Sourcing region set:
Rank Indicator to Best or trailing.
Click Display best price in blind negotiations.
5. Click Save and Close.
6. Click Done.

Copyright 2015, Oracle and/or its affiliates. All rights reserved.

Setting Up the Procurement Common Functions

Effective mm/dd/yy

Page 8 of 8

EDGD0700.DOC
Rev 1