ABC company and XYZ company are both customers. Last month XYZ company purchased
ABC company. ABC company has hundreds of over-due invoices outstanding. According to
the credit department, the layoffs at ABC, following the merger, are responsible for the overdue invoices. Both ABC and XYZ companies are making frequent requests for reprinted
invoices of ABC company. There will be no new business with ABC company. However, it
will take another three months to respond to the numerous requests for reprinted invoices
and ABC company will continue to be charged late fees. How should you handle the merger
of ABC company and XYZ company in Oracle Receivables during your first month end after
their merger?
A.
Inactivate ABC company.
B.
Place ABC company on credit hold.
C.
Invoice XYZ company for the invoices of ABC company.