Retail Merchandising System (MOSC)

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LAYAWAY transaction cycle

edited Oct 6, 2015 6:25AM in Retail Merchandising System (MOSC) 1 commentAnswered

Hi All,

Can somebody explain the Layaway transaction life-cycle across Oracle Retail systems.

I am not able to find any documents in Oracle Support, except the definition.

A layaway is created by placing items on hold, reserving them in a customer's name, and allowing the customer to make periodic payments until the total balance is paid.  When the balance due is paid, the customer receives the items.

Please share your thoughts.

Regards

SRK

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