Navigation: Oracle Receivables→ Setup→Transactions→Transaction Types Transaction types in Receivable determine the type of transaction (transaction classification) Invoice class, default payment […]
Transaction sources are of two types – Manual and Imported. Manual sources are used for transactions that are manually entered
Concept In Oracle Payables, Hold is an Oracle Applications feature that prevents a transaction from occurring or completing until the
Concept When you void a payment, Payables automatically reverses the accounting and payment records so your general ledger will have
We can release payment of single invoices in full from the Invoice workbench. We can use this method for released
Concept Accounting entries for invoice and payment transactions in Payables are handled through Oracle Sub-ledger accounting. Sub-ledger accounting is a
Payments to suppliers can be entered in the Payments Workbench either individually or through the payment manager. Payments can be
Concept Before you can pay or create accounting entries for an invoice, including prepayments, you must submit Approval for the
Concept You can cancel only unpaid invoices. You can cancel any unapproved invoice, or an approved invoice that does not
The payment manager allows us to Navigate : Payments→ Entry→ Payments Manager Generate Cash requirement Report The cash Requirement report