What is an ERS
Answers were Sorted based on User's Feedback
Answer / yogaphani
ERS stands for Evaluated Receipt Settlement also Known as
PAY ON RECIPT AUTO Functionality.
We need to run Pay on receipt auto invoice program to create a REceipt match invoice.
for that we need to do minimal set up at supplier site level.
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / alexander william
ERS Stands from Evaluated Receipt Settlement and it is a procedure for the automatic settlement of receipts, benefits of ERS include invoice variance prevention, confirms the existence of a corresponding purchase order it verifies the identity and quantity of the goods, and then pays to the supplier.
| Is This Answer Correct ? | 1 Yes | 0 No |
Based on the Receipt we will auto creating the invoice, against that invoice we are going to make the payment. We we are following means Ordered quantity and received quantity may differs so that based on received quantity we will raise the invoice against that invoice will make the payment.
| Is This Answer Correct ? | 0 Yes | 0 No |
What's the difference between cross validation rules and security rules?
How the system calculated the retained earnings in r12
Wht are GRN types??
1 Answers Transasia Bio Medicals,
In Multiorg, how & where we set up Legal Entity?
can you explain aim methodology, what are the documents need to be prepare as functional consultant, explain about gap.
What is average Balance In Oracle Financials?
What is project accounting in oracle.
What Move/Merge Does ?
In Subinventories Form, how to enable the Locator Control. A message displayed when changing the drop down list "FRM-40200: Field is protected against update.
meaning of validation in GL?
How many key flexfields are there in Payables?
What is the process (including setups) of Assets from PO module to Assets Module in Oracle Financials?