Funding Requests in Oracle Lease and Finance Management(OLFM)

• Funding requests are used to request and process payments to vendors/suppliers for items you finance on a contract or any associated expenses. 

• Approved funding requests can be processed using standard programs to create invoices in Oracle Payables.

• You should create actual funding requests for Open Invoices or Partially Paid Payable invoices. Update the funding request to "Approved" using update APIs for each actual funding request that corresponds to an open payable invoice. 

• The Lease Management disbursement program picks up these funding requests and creates payable invoices automatically when you run the correct programs.

• Create funding header, lines and approve funding using the following APIs. 

API Name	Description
OKL_FUNDING_PVT.CREATE_FUNDING_HEADER()	This program will create funding header
OKL_FUNDING_PVT. CREATE_FUNDING_LINES()	This program will create funding lines
OKL_FUNDING_PVT. UPDATE_FUNDING_HEADER()	This program will activate the funding by updating the status

Note:- Parallel processing is not supported in these funding APIs.