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Please explain: • Automation of Accounts Payable
activities (Evaluated Receipt settlement)

Answer Posted / guest

Pay on Receipt (also known as ERS (Evaluated Receipt Settlement) or Self-Billing) is an Oracle Purchasing concurrent program, which automatically creates invoices in Oracle Payables and matches them with PO's automatically for the received amount. The short name for the program is POXPOIV. The Concurrent program Name is :
“Pay On Receipt AutoInvoice”

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