ramasrith

• Feb 24th, 2007

 

we have to assign the sob in ap  through the this path
 setup-financials-sob-assign

mnbabu

 Profile Answers by mnbabu 

• May 11th, 2007

 

Invoice types in AP :
---------------------
Standared invoice 
Debit memo 
Credit memo 
PO Defult      
Mixed Invoice
Withholding Tax
Expence Invoice 
Prepayment Invoice

mnbabu

 Profile Answers by mnbabu 

• May 16th, 2007

 

Prepayment is invoice u enter to pay an advance Payment to Expences to a  supplier or Employee

Steps for Prepayment :
----------------------------
1.we have to check Payable options.
2.Create Prepayment Invoice.
  a.Temporary
  b.Permanet.
3.we have to apply to Invoice.
4.Pay the Prepayment Amount.
5.Cash Clearing at Cash Management Module.

arameshofc

 Profile Answers by arameshofc Questions by arameshofc

• Jan 12th, 2008

 

If the Organization is raising the memo the name is called Debit memo
If the supplier is raising the memo the name is called credit memo
Here both are Negative invoices

arameshofc

 Profile Answers by arameshofc Questions by arameshofc

• Jan 12th, 2008

 

Different types of invoices in Accounts Payable are
Standard Invoice,Debit Memo, Credit Memo, Mixed Invoice, Prepayment, PO Dafault, Quick Match, Expense Report Invoice

arameshofc

 Profile Answers by arameshofc Questions by arameshofc

• Jan 12th, 2008

 

we are having 2 types of Distributions
1) Full
2) Partial
In Full Distribution set we know the exact percentage of distribution and account code combination
In partial Distribution we know only account code combination donot know the percentage of distribution

Sirisha Sridhar

 Profile Answers by Sirisha Sridhar 

• Jan 28th, 2008

 

2way,3 Way and 4 matching

2way match: we match the Invoice with Reciept of Items.
check whether both are same in terms of quantiy in the invoice and quantity recieved ie reciept quantity.

3way match: we match the invoice , reciept and PO.
Check and match the quantity in Invoice , Reciept and PO are same

4 way match: we match the Invoice, reciept , PO and Inspection
check and match the quantity in Invoice, reciept , Po and Inspection are same

kushali

 Profile Answers by kushali 

• Mar 26th, 2008

 

Payable document is nothing but the way and the formatt in 
which the payments shall be made.

kushali

 Profile Answers by kushali 

• Mar 26th, 2008

 

Use the Aging Periods window to define time periods for the Invoice Aging Report.

The Invoice Aging Report provides information about invoice payments due during four periods you specify. Payables displays the invoice information in four columns.

kushali

 Profile Answers by kushali 

• Mar 26th, 2008

 

Accounting periods are the periods in which you perform 
your operations.Accounting periods are closed so as to 
ensure that no accounting entries can be passed in that 
period after they are clsoed.Suppose you have issued your 
results without closing your accounting periods and then 
you chnage some entries in that period thus in turn 
misleading the public at large.So it is important to close 
your accounting periods.Also, if accounting periods in Ap 
are not closed it shall not allow you to run GL.Prior to 
closng the periods it is important to ensure that all your 
invoices are validated and no hold exists on any one of 
them.If hold exists it shall not allow you to run GL.

kushali

 Profile Answers by kushali 

• Mar 26th, 2008

 

When the payable accounting entries are created,then run 
the program called 'Payables Tranfer to GL' Program. Which 
sends the invoice entries and payable entries to GL 
interface. then submit a request called Journal import to 
import journal entries to GL

kushali

 Profile Answers by kushali 

• Mar 26th, 2008

 

What are the tables associated with Invoice

ap_invoices_all
ap_distributions_all
ap_holds_all
ap_interface_rejections

k_amjad

 Profile Answers by k_amjad Questions by k_amjad

• Sep 19th, 2008

 

Types of Invoice in Payables

e.i

1. Standard invoice
2. Debit memo
3. Credit memo
4. Prepayment
5. Expenses Report
6. PO defualt
7. Quick match
8. Mixed invoice
9. Withholding Tax
10. Interest invoice
11. Recurring invoice

thanks 
amjad khan  

srikanth535

 Profile Answers by srikanth535 

• Sep 22nd, 2010

 

1) The types of Invoices are
1) Standard Invoice
2) Credit Memo
3) Debit Memo
4) Prepayment
5) With Holding Tax
6) Expense Report
7) PO Default
8) Mixed Invoice
9) Recurring Invoice
10) Mixed Invoice.

Prepayments are of 2 types. They are
1) Temporary Prepayment.
2)
Permanent Prepayment.

If we raise a Temporary Prepayment, we can adjust this payments while making payments to the supplier.

In case of Permanent Prepayment, we cannot adjust this payments. It will be like deposit. If we want to make Permanent Prepayment to Temporary Prepayment go to the
particular invoice change it as temporary prepayment and save it.

srikanth535

 Profile Answers by srikanth535 

• Sep 22nd, 2010

 

The distribution Set in the Invoice headers will help us distribute the invoice amt automatically. If we do not select any distribution set we need to do it manually by selecting distribution button

Arun

• Feb 2nd, 2012

 

The "Payables Invoice Import" is designed to import expense reports. The sources are:
XpenseXpress
SelfService
Oracle Project Accounting

The "Payables Invoice Import" should be used to import expense report data from the Invoice Import Interface Tables (AP_EXPENSE_REPORT_ HEADERS&LINES).The expense report data is from expense reports you enter in Payables, Self-Service Expenses, or Oracle Projects.

The "Payables Open Interface Import" program was designed to accomplish high volume invoice import complete with all of the features of online invoice entry, including these sources:

INVOICE GATEWAY
EDI GATEWAY
User Defined Source
CREDIT CARD
Oracle Property Manager
ERS
RTS
PA_IC_INVOICES

Ganesh

• Feb 14th, 2012

 

DRM-Customer raise the DRM to reduce the liability.
CRM-Supplier raise the CRM and also we can use for refunds.
Example:
case1 PO is 100 items.
Suppler sent 100 Items
We receive 100 Items
But some goods are damaged so we return 10 items
At this situation we raise a debit memo for 10 items.(reducing the liability)

Case2:PO is 100 items
supplier sent 100 items we receive 100 items but bill is for 110 items
If the supplier find out the mistake then he will sent a credit memo for 10 items.
for refunds also we can use credit memo.