Explanation/Reference:
Explanation:
Oracle Fusion Advanced Collections provides a user interface to guide you through the collection preferences. The two required setup regions are: Global Preferences and Preferences.
Global preferences affect the Collections Customer Work Area, such as display of closed or open transactions and setting date range parameters.
Selections made in the Global Preference region impact the view the collectors see from the Collections Customer Work Area and Collections Dashboard. Global Preferences define the following:
Default transaction class that appears

Display of open transactions

Display of closed transactions

Number of days for prior and future transactions to be displayed

Default aging method

Delimiter used to separate data and the number of characters required to do a search

References: http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e20375/F569978AN6AE6F.htm