Showing posts with label Accounts Payables. Show all posts
Showing posts with label Accounts Payables. Show all posts
Monday, 28 December 2015

Payment Process Request (PPR) Statuses in Payment Manager Concept- Oracle payables

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1) New: This status indicates that the PPR has been successfully submitted for processing, and the AutoSelect program is digesting the crit...
3 comments:
Tuesday, 22 December 2015

Retainage Release Invoice Concept and it's Accounting Entry - Oracle Payables

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This invoice is used to hold some portion of amount from the supplier Payment.The remaining will be paid to supplier only at the completion...
1 comment:

Withholding Tax Invoice Concept

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If customer want to withhold the tax amount charged by supplier in the invoice, and customer want to pay the tax amount directly to tax aut...
Sunday, 6 December 2015

Zero Payment Concept and it's Setup's in Payables Module

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If you cancel an invoice (or) Invoices with offsetting credit or debit memos. In such case there is no need pay any amount, but system will...
Friday, 4 December 2015

Distribution Set Concept in Oracle Payables

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It is used to automatically enter distribution for an invoice. There are two type of distribution Sets. Full Distribution Set:  It is used ...
1 comment:
Thursday, 12 November 2015

Pay On Receipt/ Self Billing

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Under Pay on Receipt/Self Billing method invoice will be created by system automatically when we create receipt. Setup Steps: Step: 1 Enab...

Prepayment Concept, Prepayment Statuses, Accounting Entries for Prepayment Concept.

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It is advance payment that we pay to the supplier to supply the goods/ services. There are two types of Prepayments, they are Permanent and...
Tuesday, 20 October 2015

Automatic offset Method

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This feature is used to create offset credit side liability a/c's in payables in such a way that all balancing segment of debit should ...
2 comments:
Tuesday, 16 June 2015

Payment Manager

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Payments also can be processed as individual payments or through batch. Batch payments are automation. Automation means if we give instruc...
1 comment:
Saturday, 13 June 2015

Accounts Payables

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                                        Options Options are controlling features at operating unit level. There are 3 types of options in ...
4 comments: