Please explain: • Automation of Accounts Payable
activities (Evaluated Receipt settlement)
Answers were Sorted based on User's Feedback
Answer / tangudu arun kumar
Similar to Auto invoice in AP ,based on the Receipt the
sysytem would generate the AP invoice Automatically.
The Invoice number would have started with ERS.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / sailaja
Payment on receipt enables u to automatically create
std,unapproved invoices for payment of goods based on
receipt transaction.Invoices r created using a combination
of receipt & PO info,eliminating duplicate manual data
entry and ensuringmaccurateand timely data processig.
Paymrnt on receipt is also known as Evaluated Receipt
Settlemnt(ERS)& Self Billing
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / 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”
| Is This Answer Correct ? | 1 Yes | 0 No |
wat is mass allocation and when it is used
we track suppliers information from legacy to oracle apps what is the programe?in technical scenario we use sql loader or adi but in functional what is the program ?
What is meant by third party payments?
in Oracle Payable s we are not matching Po how to clear accrual account in P2p cycle?
difference between 11i&r12
Can any one tell me Client Interaction?
how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl
What r the Innovative solutions we create for that?
Explain Secondary Tracking Segments.
Explain the Document Method ?
what is the main difference between the MRC and Revaluation? can any one tell me.
Explain payment process profile?