What is auto invoice?

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Amit Chintawar

  • May 30th, 2006
 

Autoinvoice is the invoice which is automatically created on the basis of Purchase order number or receipt number. For that we have to first create Purchase order & receipt in PO module, and then after submitting the report 'Pay on Receipt Autoinvoice' from AP module, invoice gets created automatically.

Amit Chintawar

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Anon

  • Oct 17th, 2006
 

Wrong. Auto Invoice is a concurrent program that interfaces Sales Orders from Order Management to Invoices in Accounts Receivable.

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Vijay Akumalla

  • Dec 8th, 2006
 

Partly right. Autoinvoice is the process of creating an invoice in Accounts Receivables Module. This customer invoice can be raised against a Sales Order or from Project Accounting.

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Vijay Akumalla

  • Dec 8th, 2006
 

We can also import Invoices from Legacy systems. Not only invoices, but Credit Memos, Debit Memos, Sales Credits

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Mobin Shaikh

  • Oct 6th, 2007
 

Auto Invoices are also used in  Service Contracts as a concurrent Program namely "Auto Invoice Import Program". This program is Owned by Oracle Receivables. It imports the billing transactions from the "Service Contracts Main Billing" Program (This Program Belongs to Oracle Service Contracts) into Oracle Receivables & generate the invoice details. You have to pass down certain parameters regarding the Service Contract while running this program.
Also this Program pass down the information regarding Invoice No. & Taxation from Oracle Receivables to update the Contracts Billing History, when "Service Contracts Fetch Receivables Info for Billing" Concurrent Program (This Program also belongs to Oracle Service Contracts) is run. 

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