Loading

Thursday, February 3, 2011

Payables Invoice Types in Oralce Apps



Below are the list of major invoice types available in the Oracle apps payables. If you have more please leave them as comment with the explanation about it.

Payable Invoice Transaction Types
Type
Description
Standard
An invoice from a supplier representing an amount due for goods or services purchased. Standard invoices can be either matched to a PO or not matched
Credit memo
A memo from a supplier representing a credit amount toward goods or services for which you have already been invoiced
Debit memo
An invoice you enter to record a credit for a supplier who does not send you a credit memo
Expense Reports
An invoice representing an amount due to an employee for
business-related expenses
PO Default
An invoice you enter for matching to a purchase order. You enter a PO number, and Oracle Payables automatically provides supplier information
Prepayments
A type of invoice you enter to pay an advance payment for
expenses to a supplier or employee
Quick Match
An invoice you enter for matching to a purchase order. You enter a PO number, and Oracle Payables automatically provides supplier information and matches to each shipment on the purchase order.
Withholding Tax
An invoice you enter to remit taxes withheld to the appropriate tax authority
Mixed
An invoice you enter for matching to both purchase orders and invoices. You can enter either a positive or a negative amount for  Mixed Invoice.

0 Responses to “Payables Invoice Types in Oralce Apps”

Post a Comment

Disclaimer

The ideas, thoughts and concepts expressed here are my own. They, in no way reflect those of my employer or any other organization/client that I am associated. The articles presented doesn't imply to any particular organization or client and are meant only for knowledge Sharing purpose. The articles can't be reproduced or copied without the Owner's knowledge or permission.